Legal
AI
Google unveils Gemini, its ‘most capable’ AI model to date
Gemini Ultra marks Google's leap forward in multimodal AI technology, setting new benchmarks in AI language and coding proficiency.
Regulation
‘I’d close it down’: Jamie Dimon endorses crypto ban in Senate hearing
Lawmakers and bank CEOs aligned in their support of stronger AML regulations in crypto markets at an annual oversight hearing.
Regulation
SEC extends comment period on Grayscale spot Ethereum ETF into 2024
A successful conversion to spot ETF could narrow the discount between Grayscale Ethereum Trust and its underlying asset, but it isn't going to happen in 2023.
Regulation
Binance settlement likely a watershed moment in crypto regulation: CFTC Commissioner
Speaking at a FT event in London, CFTC Commissioner Kristin Johnson told current and would-be industry participants that "there is an increasingly clear template for how to operate. Take the hint."
Crypto
Bitcoin breaks $42k with market cap outstripping Tesla and Berkshire Hathaway
The flagship cryptocurrency touts an $818B market cap as markets anticipate the upcoming halving and major ETF decisions.
Legal
Binance representatives tipped off VIP traders about impending DOJ settlement in advance: Bloomberg
Market makers were purportedly alerted to the company's readiness to pay a multi-billion-dollar fine at a VIP event in Singapore in September.
Macro
Milei’s Argentina reverses course on BRICS, signaling shift toward stronger US relations
President-Elect Javier Milei's has voiced severe skepticism of engaging in commerce with 'communist' nations, expressing particular disdain for China.
Exchanges
Robinhood opens UK brokerage services in first international expansion
Amidst falling revenue, Robinhood sets its sights on international growth with its UK brokerage launch and plans for EU crypto trading.
Bankruptcy
FTX approved to liquidate $744M in Grayscale assets to pay creditors
The bankrupt exchange has spent almost a year unraveling the complex web of poorly documented trades and transactions that precipitated its collapse in November 2022.
ETF
BlackRock adjusts proposed spot Bitcoin ETF structure to allay SEC concerns
BlackRock has revamped its ETF redemption model to mitigate against market manipulation and other regulatory sticking points.
Regulation
U.S. Treasury sanctions Sinbad mixer, citing money laundering by North Korea’s Lazarus Group
As the Treasury Department delivers on recent promises to aggressively pursue malfeasance in the crypto sphere, the DPRK is emerging as a common culprit.
Featured
Charlie Munger, legendary investor and crypto skeptic, dies at 99
The famed investor was a blunt and outspoken opponent of cryptocurrency, often going so far as to dismiss the concept's legitimacy altogether.
