Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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US political change could expose crypto to $20T industry: Bitwise
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan.
Nvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’
We’re entering the “third wave” of AI and the era of mechanical humanoids, according to Nvidia.
Mt. Gox shifts out $700M in Bitcoin, first major move in 3 weeks
It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution.
Are Mastercard and VISA Cutting Out Unregulated Crypto Brokers and ICOs?
On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category.What are the consequences for those ‘high risk’ merchants?According to the publication’s undisclosed sources, the ban will be applied to brokers who operate “from unregulated or loosely…
Bitcoin ETF to trigger massive demand from institutions, EY says
Bitcoin is facing a lot of pent-up demand from institutions amid investors closely monitoring spot Bitcoin ETF news, Ernst & Young’s global blockchain leader Paul Brody says. 736 Total views 3 Total shares Bitcoin (BTC) is in massive demand from institutional investors but awaits a spot BTC exchange-traded fund (ETF) approval to trigger a buying
Bitcoin weakness spurs $441M digital asset inflows
Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report.
AIs and fries: Wendy’s to trial chatbot drive-thru operator
Wendy’s says its "FreshAI" bot reduces costs allowing funds to be focused elsewhere, others worry that eventually, those less skilled will be jobless. An artificial intelligence (AI) chatbot dubbed "Wendy’s FreshAI," will take orders from Wendy's drive-thru customers after the fast-food chain partnered with Google Cloud to create the bot.Over three-quarters of Wendy’s customers prefer…
Fake Elon Musk Accounts on Twitter Promote Bitcoin Scams, One Collects $170K
Several verified Twitter accounts have been hacked to impersonate Elon Musk today, Nov. 5, with one reportedly collecting almost $170,000.After compromising verified accounts, scammers changed the profile name and picture in order to pose as the Tesla CEO. Scammers would then post in comment threads started by the real Elon Musk, so as to give…