Aurora launches $90M fund to finance DeFi apps on Near Protocol
Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers.
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Germany: New Proposed Law Would Legalize Banks Holding Bitcoin
A new bill in Germany could enable banks to support the sale and custody of Bitcoin (BTC) and other cryptocurrencies by 2020.German news agency Handelsblatt reported on Nov. 27 that the bill now requires consensus from the country’s 16 states, having successfully passed through the Bundestag, the German federal parliament.Germany on its way to becoming…

Hong Kong’s New Criteria on Crypto Exchanges Actually Isn’t Important
On Nov. 7, Ashley Alder, the CEO of the Securities and Futures Commission of Hong Kong, said at a conference that a new framework for crypto exchanges will be implemented. Almost immediately after the announcement, Reuters reported that a crypto exchange based in Hong Kong called OSL became the first to apply for a license…

Bitcoin bulls target $40K as Friday’s $1B BTC options expiry approaches
On Feb. 5, a total of $1 billion in Bitcoin (BTC) options open interest is set to expire. This number is small relative to the past month's $4 billion options expiry, but monthly and quarterly options typically concentrate the most volume. Friday's expiry is somewhat unusual although it is balanced at the current BTC levels. Data…

VC Roundup: NFTs, crypto mortgages, 5G network and Web3 devs raise millions
The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Nonfungible tokens (NFTs), crypto mortgages, blockchain-powered cellular networks and Web3 gaming have all piqued the interest of venture capitalists. These new and familiar investment themes headline the latest edition of VC Roundup, as venture…

AI military drone kept murdering its human operator in simulated tests
A United States Air Force colonel said the results of the simulation highlight why a conversation around ethics and artificial intelligence is needed. 326 Total views 3 Total shares The United States Air Force (USAF) has been left scratching its head after its AI-powered military drone kept killing its human operator during simulations.Apparently, the AI…

BTC price retests $62K as Bitcoin preps 'very high impact' month end
BTC price action is no longer getting US Bitcoin traders excited as the Coinbase Premium Index hits its lowest levels in over two months.

Cathie Wood won’t invest in Trump coin, will stick to the ‘big three’
Cathie Wood, CEO of ARK Invest, said she won’t buy Trump coin, calling it a memecoin without utility. Her focus remains on Bitcoin, Ethereum and Solana.

Bitcoin may retest $69K next as shorts keep BTC price below all-time high
Bitcoin sees surprise selling into the latest daily close, giving rise to predictions of a support retest before new BTC price all-time highs.