‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation
The company’s focus will be on developing artificial intelligence with 3D perception.
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Australian regulator’s ‘blitz’ hits crypto exchanges, money remitters
Crypto exchanges were among 50 firms that received an alert from the Australian Anti-Money Laundering watchdog over possible compliance issues.
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FTX creditors object to bankruptcy reorganization plan
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.
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Jenkins the Valet founder wants to create a decentralized Web3 content company
“My mom cried when I got the job as valet at the Bored Ape Yacht Club, one of the preeminent social clubs for apes. She hooted and grunted and peeled open one of our finest bananas. ‘Jenkins,’ she said, ‘you’re going to rub shoulders with some of the finest apes from around the world.’ I…
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Major UK hedge fund Brevan Howard launches crypto division
Brevan Howard also hired former CMT Digital CEO Colleen Sullivan to lead private and venture investments in crypto. 431 Total views 13 Total shares Brevan Howard, a United Kingdom-based hedge fund, plans to "significantly expand" its cryptocurrency and digital assets, according to a new report from Reuters.Chief Executive Aron Landy, who has been at Brevan's helm…
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Malta to Assist the Government of Vanuatu in Forming Blockchain and ICO Legislation
The state authorities of Malta will assist the government of the Pacific island nation of Vanuatu in forming blockchain regulations, the Vanuatu Daily Post reported Monday, Oct. 8.Minister of Foreign Affairs of Vanuatu Ralph Regenvanu has reportedly requested assistance from the Maltese government in forming blockchain legislation upon instructions from the Council of Ministers.Speaking at…
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Softer-than-expected crypto regulation and stocks’ rebound position Bitcoin for a $42K close
Bitcoin (BTC) bulls jumped in to defend the $40,000 level after a devastating retest of the $38,000 support on March 7. The confidence and momentum that was building up earlier in the month was suddenly shattered after BTC failed to break $44,500 for the third time this month on March 2.The Bitcoin price rally on…
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10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap
Bitcoin (BTC) upended buy trends through May 10 as BTC/USD sank below $30,000 for the first time since July 2021.Data from on-chain analytics firm CryptoQuant showed exchange reserves start increasing as panic gripped crypto markets.BTC flows back to exchangesAfter seeing a sustained downtrend, the amount of BTC on major exchanges has begun to increase again.According…
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Bitcoin needs to reclaim these two levels to avoid another dip to $28K
Bitcoin price action will stay stuck in the lower half of its macro range unless two key moving averages can flip to support. 2170 Total views 42 Total shares Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed, a new…