Bitcoin ETF Hopes Stay Alive as Investment Giant Fidelity Revises Bid
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Bitcoin ETF Hopes Stay Alive as Investment Giant Fidelity Revises Bid

Boston-based investment giant Fidelity has amended its Bitcoin spot exchange-traded fund application as asset mangers race to be the first to bring a Bitcoin ETF to market. The fund manager addressed a number of topics in its amendment but largely focused on the risk associated with such a product, which would give investors exposure to the digital asset via shares…

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Meet the Company That’s Helping Governments Detect AI Deepfakes
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Meet the Company That’s Helping Governments Detect AI Deepfakes

If you believe what you see on the internet, you might think that President Biden has called for a national draft, and both men and women will be selected to fight the war in Ukraine. But it’s actually a lie perpetrated by a malicious deepfake video creator. Ill-intended actors use artificial intelligence to create videos that impersonate politicians, celebrities, and…

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US Treasury sanctions Gaza-based crypto operator allegedly tied to Hamas
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US Treasury sanctions Gaza-based crypto operator allegedly tied to Hamas

The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has sanctioned a crypto operator allegedly connected to the terrorist group Hamas. In an Oct. 18 notice, OFAC announced sanctions for Hamas operatives and financial facilitators following the organization’s attack on Israel. The entities added to OFAC’s list of specially designated nationals included a “Gaza-based…

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FTX Sues Ex-Compliance Chief Over 'Hush Money' Payments
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DOJ Used All Its Star Witnesses—What Will Sam Bankman-Fried’s Defense Do Now?

FTX insiders Gary Wang, Caroline Ellison, and Nishad Singh concluded their respective testimonies on Tuesday, as FTX founder Sam Bankman-Fried’s criminal trial progressed past a key wave of witnesses in New York. The contours of the government’s case, across key facts and charges, have been molded mostly by the three. Their testimony is foundational to prosecutors’ account of Bankman-Fried’s wrongdoings,…

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US Treasury Sanctions Ethereum Wallet Tied to Mexican Drug Trade
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US Treasury Sanctions Gaza-Based Bitcoin Exchange Tied to Hamas

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has once again sanctioned on-chain wallets, this time targeting “financial facilitators” and other parties supporting Hamas. One such entity includes a company called “Buy Cash,” a virtual currency and money transfer business in Gaza. Buy Cash’s domain was registered in 2015 by Ahmed M. M. Alaqad, a resident of Gaza and…

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Decentraland AI World Fair Trailer
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Decentraland AI World Fair Trailer

A trailer for the AI World Fair event in metaverse game Decentraland, taking place from October 25-27. Courtesy: Decentraland. Source: https://decrypt.co/videos/live-events/3tUb56Fv/decentraland-ai-world-fair-trailer

Bitcoin ETF Could Boost Crypto Market by $1 Trillion, Analysts Say
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Bitcoin ETF Could Boost Crypto Market by $1 Trillion, Analysts Say

Bitcoin’s market cap will boom if spot exchange-traded funds (ETFs) get approved next year, according to a new report.  CryptoQuant, which provides blockchain data to investors, said in a report this week that it expects Bitcoin’s market cap to reach $900 billion due to the amount of money that would flow into the market from institutions.  Bitcoin’s market cap currently…

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