Permissionless IV, Day I takeaways

South Korea’s Largest Crypto Exchange Upbit Under Fire as Financial Authority Investigates Its Market Monopoly

South Korea's Financial Services Commission is investigating Upbit, the largest cryptocurrency exchange, due to concerns about its significant influence on K Bank, which relies on Upbit deposits for nearly 20% of its assets. Lawmakers fear that any issues with Upbit could lead to a bank run on K Bank, highlighting the risks associated with their close relationship and the need for regulatory oversight in the cryptocurrency market.

Bitcoin 2024 Amsterdam Conference kicks off

On October 9, 2024, the Bitcoin 2024 Amsterdam Conference, a global Bitcoin industry event, was grandly opened at Westergas in Amsterdam, the Netherlands.

The Fed's dovish tone cannot save Bitcoin! Bitcoin is extremely close to the 60,000 mark, this indicator is very dangerous

On Thursday (October 10), Bitcoin continued its downward trend yesterday and is currently trading around $60,500. Although the latest Federal Reserve minutes released dovish signals, it failed to boost Bitcoin. At the same time, Musk bluntly said that if Trump loses the election, he will be finished, Bitcoin will be finished, and Dogecoin will be finished.

Dogizen Price Prediction: First Telegram ICO Shows Explosive Potential

Solana’s Sonic SVM Challenges Telegram with SonicX on TikTok: Will This New Tap-to-Earn Game Become the Next Notcoin?

Solana's gaming ecosystem is growing with SonicX, a tap-to-earn game integrated into TikTok via Solana's Sonic SVM. Following Notcoin's success, SonicX aims to attract a new player base by blending gaming with social media. The key question: will it mirror Notcoin's success or fade away like many others?

Ripple Takes the SEC Head-On with Cross-Appeal Notice: Will This Never-Ending Clash Ever End?

Ripple has filed a cross-appeal in response to the SEC’s 2 October appeal which challenges the favourable 7 August ruling. Ripple is now prepared to take the fight to a higher US court. Will this prolonged legal battle ever find a resolution?

Is Cardano Really Failing? Founder Charles Hoskinson Addresses Negative Sentiment Head-On

Charles Hoskinson addressed the negative sentiment surrounding Cardano, stating it stems from the network's transition into the Voltaire era, which aims to decentralize governance and address long-standing issues. He emphasized that Cardano's transparency and unique governance set it apart from other blockchains, reinforcing its commitment to innovation, privacy, and long-term growth.

OpenAI Sounds Alarm on its AI Models Being Used in Election Manipulation: Is Democratic Integrity at Stake?

OpenAI’s recent report warns that its chatbot is being misused to generate misinformation aimed at influencing voters during national elections. AI-generated content’s potential for future misuse raises serious concerns, particularly with the Presidential elections approaching. Is the integrity of our democratic processes at risk?

Ubisoft's Champions Tactics The Anticipated First Web3 Game Releases on 23 October

Ubisoft is set to launch its first web3 game, Champions Tactics: Grimoria Chronicles, on 23 October 2024, using blockchain technology through the Oasys platform. The game allows players to form teams of mythical Champions for strategic PvP battles, aiming to create an immersive gaming experience.

Zoom Envisions a Future with AI Clones for Meetings: A New Era of Efficiency or a Recipe for Complacency?

As Zoom prepares to launch lifelike AI clones in 2025, the company seeks to revolutionise workplace communication. You could soon have your digital twin attending meetings for you. But will this innovation boost productivity or foster laziness and complacency?