Erik Voorhees, founder of privacy-focused AI platform Venice.ai and crypto exchange Shapeshift, has revealed the launch of VVV token, designed to decentralize access to uncensored AI inference while eliminating per-request costs. Privacy-Focused VVV Token Targets AI Agents with Zero-Cost Inference Model Venice.ai, a decentralized generative artificial intelligence (AI) platform launched in May 2024, introduced the […] Source: https://news.bitcoin.com/erik-voorhees-venice-ai-debuts-vvv-token-to-combat-ai-censorship-surveillance/
Month: January 2025
DraftKings settles NFL union suit over NFT pay dispute
The National Football League Players Association’s lawsuit came a few weeks after DraftKings closed its NFT marketplace in July. Source: https://cointelegraph.com/news/draftkings-nfl-union-settlement-nft-contract-dispute?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tuttle files 10 leveraged crypto ETFs as issuers test limits: Analysts
Tuttle Capital filed for ETFs betting on memecoins, including from Donald and Melania Trump, in a move that analysts say will test Trump-era regulatory limits. Source: https://cointelegraph.com/news/tuttle-leveraged-crypto-etfs-issuers-test-trump-regulators?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Giant Kucoin Pleads Guilty, Forced Out of US After $297M DOJ Settlement
Kucoin’s guilty plea exposed billions in illicit transactions, with $297M in penalties and a forced U.S. exit as the DOJ links it to darknet crimes. Kucoin Guilty Plea: DOJ Uncovers Billions in Suspicious Crypto Transactions The U.S. Department of Justice (DOJ) announced on Monday that Peken Global Ltd., the Seychelles-based operator of cryptocurrency exchange Kucoin, […] Source: https://news.bitcoin.com/crypto-giant-kucoin-pleads-guilty-forced-out-of-us-after-297m-doj-settlement/
Microstrategy Gears Up for Next Bitcoin Expansion With Fresh Capital Lined Up
Microstrategy unveiled plans to issue preferred stock to fuel bitcoin acquisitions, following its $1.1 billion BTC purchase, solidifying its aggressive digital asset investment strategy. Microstrategy Powers Ahead as New Funding Fuels Its Bitcoin Buying Machine Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) announced Monday plans to issue 2,500,000 shares of Series A Perpetual Strike Preferred […] Source: https://news.bitcoin.com/microstrategy-gears-up-for-next-bitcoin-expansion-with-fresh-capital-lined-up/
Senate confirms pro-crypto Scott Bessent as US Treasury Secretary
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments. Source: https://cointelegraph.com/news/pro-crypto-scott-bessent-confirmed-as-treasury-secretary?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin and Ethereum ETFs Add $1.9 Billion During Trump’s Busy First Week
Crypto investment products pulled in nearly $2 billion last week as shifting attitudes toward emerging technologies in Washington, D.C., sustained strong demand for digital assets. The products, which include spot Bitcoin and Ethereum ETFs, saw $1.9 billion in inflows in the seven-day period through January 25, down 13% from the week prior, CoinShares data shows. That marks the second consecutive…
Apple closes up amid US tech stock washout from China AI startup DeepSeek
The US market dipped amid the release of Chinese firm DeepSeek’s latest AI model, which can supposedly perform as well as ChatGPT for a fraction of the cost. Source: https://cointelegraph.com/news/apple-shares-rise-tech-stocks-fall-deepseek-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Rebounds as DeepSeek Panic Subsides
The crypto market rebounded Monday evening as Bitcoin briefly surpassed $102,000, following weekend volatility sparked by AI firm DeepSeek’s breakthrough announcements. Bitcoin is hovering above $102,000, though it’s still down about 6.5% from January 20’s all-time high, near $109,000, CoinGecko data shows. A “noticeable recovery” can be seen “as investors seem to be reallocating to their favorite crypto assets” in…
Coinbase CEO Predicts Bitcoin’s Surge Into Multiple Millions
Bitcoin is poised to hit “multiple millions,” Coinbase’s CEO declared, citing surging institutional adoption, ETF inflows, and the transformative potential of clear U.S. legislation. Bitcoin to Reach Multiple Millions? Coinbase CEO Predicts Massive Growth Coinbase CEO Brian Armstrong shared his thoughts on the state of cryptocurrency during an interview with CNBC last week. He discussed […] Source: https://news.bitcoin.com/coinbase-ceo-predicts-bitcoins-surge-into-multiple-millions/