Gensler Suggests Reevaluation of Bitcoin ETFs
The SEC Chairman has indicated that recent court rulings, such as the one involving Grayscale, have prompted the SEC to reconsider its stance on Bitcoin ETFs.
Ledger CEO Addresses Recent Incident
In his open letter, Pascal Gauthier reassured users that the hack of Ledger’s Javascript connector library was an ‘isolated incident.’
LayerZero Testnet for v2 Upgrade Now Live on 40+ Networks
The upgrade aims to streamline security configurations, boost throughput, and reduce liveness issues by introducing permissionless infrastructure roles.
Exercise Caution with Decentralized Apps!
SushiSwap’s Chief Technical Officer has issued an alert on X, highlighting that decentralized applications utilizing the Web3 connector LedgerHQ/connect-kit are at risk.
Crypto Market Predictions for 2024 by Bitwise Experts
Here are several key predictions, according to our viewpoint:
ETH to Potentially Surpass BTC in 2024, Says JPMorgan
Analysts from JPMorgan Chase, a major U.S. banking conglomerate, predict that Ethereum could potentially surpass Bitcoin by 2024. They attribute this potential shift to the anticipated EIP-4844 update, which is poised to significantly boost Ethereum’s network efficiency and reduce transaction fees.
The U.S. Introduces New Standards for Crypto Accounting
The U.S. Financial Accounting Standards Board (FASB) is set to revise accounting standards, allowing companies to assess cryptocurrency holdings based on fair value.
Key Points from the U.S. Federal Reserve Press Release
• Growth in economic activity has slowed down. • Job gains have decelerated, yet unemployment rates remain low. • The U.S. banking system is sound and resilient. • Stricter financial and credit conditions for households and businesses may influence economic activity, hiring, and inflation. • The target inflation rate of 2% remains a constant goal.
Worldcoin Unveils World ID 2.0 with Expanded Features
This new iteration introduces “Apps,” offering a fresh approach to establish and use integrations for verifying online accounts via World ID.
Cyber Hack Volumes Decline by Over 50% in 2023
While the number of attacks remained stable at 160 since 2022, the amount stolen by cybercriminals plummeted from nearly $4 billion in 2022 to just $1.7 billion through November 2023.
Skepticism Toward Bitcoin Voiced by Wikipedia’s Co-founder
“I forgot my bank password and lost my entire net worth. No, actually, that didn’t happen, because banks work and bitcoin doesn’t,” Jimmy Wales shared on his X.
Coinbase Expands Spot Crypto Trading
The excnhage is extending its offering of spot crypto trading on its international exchange as part of its global expansion strategy.
Albanian Government Partners with OpenAI
The government is set to leverage ChatGPT to translate extensive volumes of EU legal documentation into the Albanian language (shqip).
IRS Spotlights Its Top Сrypto-Related Cases
The U.S. Internal Revenue Service’s Criminal Investigation division has released its Top-10 list of the most prominent and high-profile cases of 2023, with nearly half involving cryptocurrencies.
Tesla Unveils Its Optimus Gen 2
Elon Musk’s Tesla, renowned for its pioneering electric vehicles, has launched the second generation of its humanoid robot called “Optimus”.
USDT Loses Its Edge in the Stablecoin Battle
S&P Global has launched a stablecoin stability assessment. This system considers several factors including the underlying technology, governance, legal and regulatory framework, liquidity, and third-party dependencies among others.
Donald Trump Unveils His New NFT Collection
Former U.S. President Donald Trump has launched a new NFT collection named “Mugshot,” inspired by his recent criminal allegations. Each NFT is priced at $99.
StarkWare Allocates $3.5M in Fees to Developers
Around 10% of the network fees generated since the project’s launch, approximately 1,600 ETH, will be dedicated to supporting the Starknet ecosystem.
The UK Judiciary Sets Guidelines for Using AI
High-ranking judges in the UK have released instructions on how artificial intelligence (AI) should be used in legal settings.
Synthetix Announces Token Burn to Tackle Inflation
Derivatives protocol Synthetix has given the green light to the governance proposal SIP-2043, aiming to curb the inflation of the SNX token.
China Introduces Blockchain-Based Identification System
China’s Ministry of Public Security is rolling out RealDID, a decentralized identification system grounded in blockchain technology.
Satoshi Nakamoto’s Last Public Message
On this day in history Bitcoin’s enigmatic creator shared his final public message on the Bitcointalk forum.
ChatGPT Achieves 85% Accuracy in Neurology Exam
In comparison, the average human score for this test is 73.8%.
The AI Industry Garners Monumental Investments
French startup Mistral AI has secured an investment of 385 million euros in its most recent funding round, which was spearheaded by Andreessen Horowitz (a16z) and Lightspeed Ventures. This infusion has raised the company’s valuation to $2 billion.
Goldman Sachs Adjusts its 2024 Interest Rate Forecast
Goldman Sachs, a leading investment firm in the United States, has revised its forecast for the U.S. interest rate in 2024, as reported by Reuters.
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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.