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California senator slams OpenAI’s opposition to AI safety bill

As the debate over SB 1047 intensifies, Wiener remains steadfast in his support for the bill, which he believes is a necessary step toward responsible AI governance.

Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body

Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.

Bitcoin open interest jumps $1.3B following Fed's 'dovish' minutes

Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21.

Sun rises: Tron’s new memecoin deployer flips pump.fun

Tron’s new memecoin deployer SunPump has just overtaken its rival, generating 59% more revenue than pump.fun in the last 24 hours. 

20% of Binance’s new hires this year will be in compliance, says CEO

The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments. 

Ryan Salame seeks to void guilty plea, says fed didn’t keep promise

The government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame.   

Trader turns $1K into $750K trading Tron memecoin SunWukong

The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet. 

Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K

Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”

Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit

Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing.

McDonald’s Instagram hackers make $700K shilling Grimace memecoin

Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace. 

Bitcoin price hits $61K, but investors still prefer stocks and bonds right now

Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting.

Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel

Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.

Harris aide suggests VP will ‘support policies’ for crypto industry growth

The Democratic presidential candidate has been largely silent on digital assets since launching her campaign on July 21.

Malware exploits weak passwords in PostgreSQL for cryptojacking

Up to 800,000 internet-connected databases could be vulnerable to crypto-mining malware that will use their computing capacity.

Skyfire launches blockchain payment network that lets AI spend your money

The company is currently focused on B2B, but there are countless potential applications for consumers.

YieldNest launches new liquid restaking token

Stakers with Lido, Frax, Origin and Mantle can “restake” with the DeFi protocol. 

Polymarket odds of RFK Jr dropping out soar before Aug. 23 address

It’s unclear if the Independent presidential candidate will join forces with Donald Trump, but both are scheduled to speak in the same area on the same day.

Prometheum labels UNI, ARB securities in custody expansion

Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security.

Deciding who owns your ‘digital twin’ will make or break the metaverse

Research indicates a secure, biometrically verified digital twin will need to be developed in order for the metaverse to work.

Execs at crypto-friendly Evolve Bank leave amid regulatory crackdown: Report

The bank services several crypto-friendly financial technology companies.

$24M CryptoPunk NFT quietly sold, Trump earned over $7M from NFTs: Nifty Newsletter

The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price.

Crypto firms contributed 48% of all corporate political donations in 2024: Report

Splits in the US House and Senate coupled with many expected tight elections could allow crypto interest groups to potentially "tip control of Congress one way or the other."

Price analysis 8/21: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

The spot Bitcoin ETFs have continued to attract inflows, suggesting that the long-term bullish view remains intact.

Wyoming stablecoin may launch Q1 2025 —Governor Mark Gordon

Private issuers of stablecoins could extend the lifespan of the US dollar by driving demand for the underlying fiat currency.

Early research exposes the dark side of brain computer-interfaces

Controlling machines with your thoughts sounds cool, but communication is a two-way street.

Bitcoin ‘parabolic’ rally may start in Q4, according to historical price data

Q4 could be a blockbuster moment for Bitcoin’s price as a multi-year historical price trend holds up.

Good news means bad news? Bitcoin shrugs off weakest US dollar of 2024

Bitcoin price action seems uninterested in rapidly declining US dollar strength, as a shock payroll revision adds to DXY pressures.

PIP Labs secures $80M for Story Protocol, valuation hits $2.25B

Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its L1 blockchain, designed for IP tokenization.

A few lessons I learned as an institutional trader

As an institutional trader, I learned not to borrow too much in leverage from the exchange I was trading on, and to be right more often than I was wrong.

BlackRock’s iShares Ethereum Trust approaches $1B in net inflows — Morningstar

ETHA will be the first Ether exchange-traded fund to crest the $1-billion mark.

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