Crypto Gets a Regulatory Reset: SEC to Replace Crackdowns with Clear Rules and Public Consultation Under Atkins

Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Turkish Ride-Hailing Firm Marti Becomes Latest Public Company to Embrace Bitcoin with 20% Cash Reserve Allocation in Treasury Strategy

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.

Trading Platform eToro Could Build Its Own Blockchain to Support Its Monthly “Millions of Transactions”

eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.

US SEC Gives Final Nod To In-Kind Bitcoin And Ether ETF Trades, Promising Lower Costs And Higher Efficiency For Investors: Are Altcoin ETFs Next In Line?

The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.

The Last Encore: CryptoBatz NFT Prices Surge Dramatically as Fans Rush to Own a Piece of Rockstar Ozzy Osbourne’s Iconic Legacy

Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.

JPMorgan Plans to Let Clients Borrow Against Bitcoin and Ether by 2026 as Crypto Lending Gains Momentum on Wall Street

JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.

SEC Chair Paul Atkins Signals Ethereum Is Not a Security, Boosting Confidence for Corporate Treasury Investments: Are ETH Treasuries the New Bitcoin Play?

The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.

Shinhan Bank Becomes First South Korean Lender to Add Crypto Tracking and Guides to Its Mobile App

ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.

Vitalik Buterin Says Ethereum Layer 2s Can Now Achieve What 2010s Blockchains Never Could

Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.

Standard Chartered Becomes First Global Bank to Launch Bitcoin and Ether Spot Trading in the UK

Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.

TapSwap Reveals Exciting Airdrop Date and $TAPS Token Listing Before 30 October

TapSwap, the popular "tap-to-earn" game, is set to launch its airdrop and token listing before October 30, 2024. The TAPS token will have a total supply of 18 billion, with initial price predictions ranging from $0.03 to $0.06.

TON Becomes Telegram Game W-Coin’s Preferred Blockchain After Players Reject Ethereum and Solana

Telegram’s W-Coin will launch its token on The Open Network (TON) after 68% of players voted in its favour, outpacing Solana and Ethereum. W-Coin is also moving up its Token Generation Event (TGE), with the date to be announced soon.

Former Co-Founder of OpenAI Bags $1 Billion Funding to Develop Safe AI Systems: ChatGPT Wannabe or Competitor?

Months after leaving OpenAI, co-founder Ilya Sutskever has raised $1 billion for his new AI startup, SSI. With just 10 employees, SSI will use the funds to enhance its computing infrastructure and recruit top talent. Will SSI merely replicate ChatGPT or surpass it in advancing AI?

Telegram Apologises and Removes 25 Deepfake Porn Videos After South Korean Authorities Pressure

Telegram has apologised and removed 25 deepfake porn videos in response to pressure from South Korean authorities. The company is now working to improve communication and compliance with South Korean regulations.

70% of WLFI Tokens in Trump-Backed Project Reserved for Insiders: Is This Power Imbalance Justified?

It was revealed that 70% of Trump-backed World Liberty Financial governance token will be controlled by insiders. This prompts the question: Is it fair for such a large share of power to be held by a few?

Japan’s New Crypto Tax Proposal Could Cut Rates to 20% from Current 55%

Japan's Financial Services Agency is considering a major tax overhaul for cryptocurrencies, potentially reclassifying them as financial assets and reducing tax rates from up to 45% to 20%. This change aims to align crypto taxes with traditional investments and could significantly lower the tax burden for high-earning crypto investors.

OpenAI Japan Teases Upcoming GPT-Next, 100 Times Stronger: Could It Go Beyond Human Comprehension?

At the 2024 KDDI Summit, OpenAI Japan CEO Tadao Nagasaki announced that GPT-Next will be 100 times more powerful than GPT-4, thanks to major architectural improvements. The release is expected by the end of 2024.

Trustpilot Takes Down Crypto Exchange Binance’s TrustScore Over Fake Reviews

Trustpilot disabled Binance's TrustScore after discovering fake reviews linked to the platform, emphasising its strict policy on review manipulation. Binance faces significant reputational damage, with 80% of users giving the exchange a 1-star rating.

US DOJ Seizes 32 Internet Domains Connected to AI-Fuelled Russian Disinformation Targeting US Citizens Ahead of 2024 Election

The US Department of Justice has seized 32 domains linked to a Russian disinformation campaign, "Doppelganger," which used cybersquatting and AI-generated content to mislead US citizens ahead of the 2024 election.

"Black Myth: Wukong" First Investor Won’t Invest in Web3, Believing Game Itself Should Be the Focus

Daniel Wu, CEO of Game Science and the investor behind “Black Myth: Wukong,” is skeptical about Web3 games, arguing that true passion for game development is essential for success. He emphasises focusing on creating high-quality content efficiently, rather than chasing new technologies like Web3.