We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Runes, the new fungible token standard on Bitcoin, had enthusiasts buzzing when it launched in April amid the quadrennial Bitcoin halving event. But less than a…
Month: May 2024
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals
Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from the securities regulator. “The SEC’s continued attack on crypto, […] Source: https://news.bitcoin.com/robinhood-prepares-to-fight-sec-in-court-over-crypto-ceo-reveals/
Grayscale withdraws its Ethereum Futures ETF application
The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application. Source: https://cointelegraph.com/news/grayscale-withdraws-ethereum-futures-etf-application
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange. Source: https://cointelegraph.com/news/digitex-ceo-pleads-guilty-bank-secrecy-act
Philosopher Yuval Noah Harari warns of AI’s risks in finance
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system. Source: https://cointelegraph.com/news/ai-finance-yuval-noah-harari-bis
2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase. Bitcoin L2 Projects Gain Momentum With New Financing Rounds Throughout […] Source: https://news.bitcoin.com/2-bitcoin-l2-projects-secure-investments-to-enhance-bitcoins-defi-capabilities/
Neuralink Safety Concerns Drove Co-Founder to Break Up With Elon Musk
A neurosurgeon and co-founder of Elon Musk’s biotech company Neuralink says he left the seven-year-old firm because he felt there was a safer way to connect human brains to computers. “I’ve pretty much devoted my entire professional life to bringing neural interfaces from the world of science to the world of medicine,” Dr. Benjamin Rapoport said in a recent Wall…
Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio
According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024. Source: https://cointelegraph.com/news/susquehanna-international-group-1-billion-bitcoin-etfs-portfolio
Revolut Unveils Revolut X Crypto Platform in the U.K.
British fintech giant Revolut has introduced a new crypto trading platform called Revolut X, tailored for retail customers in the U.K., signaling a deeper dive into digital assets. This move, highlighted in a recent blog post, solidifies Revolut’s commitment to the crypto industry, where it aims to cater to both novice and seasoned crypto investors. With a user base of…
Michelle Obama and RFK Jr. Have Equal Odds of Becoming Next President on Polymarket
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Crypto traders think former first lady Michelle Obama—who is not running nor likely to announce a late bid to return to the White House—has just as…