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Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network

“We’ve figured out a way to put AI on-chain,” lead developer punk3700 told CoinDesk in an X message.

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Author: Shaurya Malwa

Nigerian Court Orders Binance to Relinquish Data of All Nigerians Trading on its Platform: Report

A Nigerian court has ordered Binance to provide Nigeria’s Economic and Financial Crimes Commission (EFCC) with comprehensive information on all persons from the nation trading on its platform.

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Author: Amitoj Singh

FTX Users Describe ‘Emotional Toll’ From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried’s Sentencing

The Department of Justice filed dozens of victim impact statements from FTX creditors Monday ahead of Bankman-Fried’s sentencing next week. These victims hail from around the world, with the letters describing their FTX holdings and the effect FTX’s bankruptcy had on their lives.

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Author: Nikhilesh De

Bitcoin Flash Crashed to $8.9K on BitMEX

Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived.

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Author: Omkar Godbole

BTC Maintains $65K as GBTC Outflows Hit Highest Level Ever

Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling

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Author: Sam Reynolds

Binance seeks prime brokers’ help to skim off US investors from platform: Bloomberg

Binance requested prime brokers to apply stricter screening of clients to prevent having U.S. investors on the exchange, Bloomberg reported.

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Author: Danny Park

Former Binance chief Changpeng Zhao announces new educational project involving NFTs

CZ announced on X that his next project will be a ‘gamified’ platform that aims to provide free basic education for all — with NFT badges.

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Author: Danny Park

SEC Committed ‘Gross Abuse of Power’ in Suit Against Crypto Company, Federal Judge Rules

A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a “gross abuse of power” in its efforts to secure a temporary restraining order.

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Author: Nikhilesh De

Utah judge denies SEC’s motion to dismiss DEBT Box case, imposes sanctions

The SEC acted in bad faith in its conduct in a case it brought against crypto startup DEBT Box, a federal judge ruled on Monday. 

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Author: Sarah Wynn

Fidelity amends spot Ethereum ETF to include staking

Financial giant Fidelity has amended its spot ether ETF application to include provisions for staking the cryptocurrency.  

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Author: Lawrence Lewitinn


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