Ark Invest CEO Cathie Wood said the company has been paying close attention to emerging markets and the use cases for digital assets lead her to believe Bitcoin is somewhat of a safe-haven asset. Cathie Wood calls Bitcoin a “financial highway,” reiterates $1.5 million price target. “There are signs that not all is well in the world,” she said of countries like Nigeria, one of the largest adopters of Bitcoin due to a sharp devaluation of its currency. Therefore, Cathie Wood views Bitcoin as bo...

Ark Invest CEO Cathie Wood said the company has been paying close attention to emerging markets and the use cases for digital assets lead her to believe Bitcoin is somewhat of a safe-haven asset. Cathie Wood calls Bitcoin a “financial highway,” reiterates $1.5 million price target. “There are signs that not all is well in the world,” she said of countries like Nigeria, one of the largest adopters of Bitcoin due to a sharp devaluation of its currency. Therefore, Cathie Wood views Bitcoin as bo...

Artificial intelligence startup Anthropic is looking for buyers for a stake in the company currently held by FTX, but has ruled out a sale to Saudi Arabian investors due to national security reasons. It is reported that FTX holds 8% of Anthropic’s shares, currently worth more than $1 billion. "The transaction is ongoing and expected to be completed in the coming weeks," one source said. Anthropic is considering selling its FTX stake to "other sovereign wealth funds," including UAE-based Mubad...

Artificial intelligence startup Anthropic is looking for buyers for a stake in the company currently held by FTX, but has ruled out a sale to Saudi Arabian investors due to national security reasons. It is reported that FTX holds 8% of Anthropic’s shares, currently worth more than $1 billion. "The transaction is ongoing and expected to be completed in the coming weeks," one source said. Anthropic is considering selling its FTX stake to "other sovereign wealth funds," including UAE-based Mubad...

Spain's High Court has ordered the suspension of Telegram's services in the country, and Telegram's use in Spain will be suspended starting Monday, court sources said. This comes after media companies such as Atresmedia (A3M.MC) complained that the app allowed users to upload content from their media platforms without permission. Telegram is the fourth most used messaging service in Spain, with nearly 19% of Spaniards using it, according to competition watchdog CNMC.

Spain's High Court has ordered the suspension of Telegram's services in the country, and Telegram's use in Spain will be suspended starting Monday, court sources said. This comes after media companies such as Atresmedia (A3M.MC) complained that the app allowed users to upload content from their media platforms without permission. Telegram is the fourth most used messaging service in Spain, with nearly 19% of Spaniards using it, according to competition watchdog CNMC.

The Core Foundation on Thursday announced the launch of the Core Venture Network (CVN), a community of more than 50 venture capitalists and investors supporting the development of Core Chain, a Bitcoin-backed platform with Ethereum Virtual machine compatible blockchain. CVN announces $15 million in regional ecosystem funds for projects in Africa, Latin America and Southeast Asia. The $5 million Core Africa Innovation Fund is the first regional fund launched in January. Venture capitalists who...

The Core Foundation on Thursday announced the launch of the Core Venture Network (CVN), a community of more than 50 venture capitalists and investors supporting the development of Core Chain, a Bitcoin-backed platform with Ethereum Virtual machine compatible blockchain. CVN announces $15 million in regional ecosystem funds for projects in Africa, Latin America and Southeast Asia. The $5 million Core Africa Innovation Fund is the first regional fund launched in January. Venture capitalists who...

The Hong Kong Securities and Futures Commission pointed out in the updated "Joint Circular on Virtual Asset Related Activities of Intermediaries" that virtual asset futures are only allowed to be traded on traditional regulated futures exchanges, and management companies must prove that (i) the relevant virtual assets asset futures are sufficiently liquid, (ii) the rollover costs of the underlying virtual asset futures are controllable, and how such rollover costs are managed. If a virtual as...

The Hong Kong Securities and Futures Commission pointed out in the updated "Joint Circular on Virtual Asset Related Activities of Intermediaries" that virtual asset futures are only allowed to be traded on traditional regulated futures exchanges, and management companies must prove that (i) the relevant virtual assets asset futures are sufficiently liquid, (ii) the rollover costs of the underlying virtual asset futures are controllable, and how such rollover costs are managed. If a virtual as...

Game NFT market Prom announced a strategic partnership with DWF Labs, and both parties plan to jointly conduct in-depth research on comprehensive market analysis and integration of the latest technologies to enhance user experience. In the future, both parties will launch a series of marketing initiatives and community participation activities to increase brand awareness. It is reported that Prom is a market in the Web3 game ecosystem centered on the trading and exchange of NFT assets. It pro...

Game NFT market Prom announced a strategic partnership with DWF Labs, and both parties plan to jointly conduct in-depth research on comprehensive market analysis and integration of the latest technologies to enhance user experience. In the future, both parties will launch a series of marketing initiatives and community participation activities to increase brand awareness. It is reported that Prom is a market in the Web3 game ecosystem centered on the trading and exchange of NFT assets. It pro...

Apple is in talks to put Google's Gemini artificial intelligence engine into iPhones, setting the stage for a major deal that will shake up the artificial intelligence industry. Gemini is a set of generative artificial intelligence models from Google. The above-mentioned people familiar with the matter said that the two companies are actively negotiating to allow Apple to obtain Gemini's authorization to provide support for some new features of this year's iPhone software. Peop...

Apple is in talks to put Google's Gemini artificial intelligence engine into iPhones, setting the stage for a major deal that will shake up the artificial intelligence industry. Gemini is a set of generative artificial intelligence models from Google. The above-mentioned people familiar with the matter said that the two companies are actively negotiating to allow Apple to obtain Gemini's authorization to provide support for some new features of this year's iPhone software. Peop...

Web3 game development platform Immutable, venture capital firm King River Capital and Polygon Labs have partnered to establish the $100 million Web3 game fund "Inevitable Games Fund" (IGF). IGF will provide high growth opportunities to professional and sophisticated investors in the Web3 gaming space. Immutable and Polygon Labs will be responsible for sourcing investment opportunities, while King River will manage the investment process and deploy funds to game studios and Web3 infrastructure...

Web3 game development platform Immutable, venture capital firm King River Capital and Polygon Labs have partnered to establish the $100 million Web3 game fund "Inevitable Games Fund" (IGF). IGF will provide high growth opportunities to professional and sophisticated investors in the Web3 gaming space. Immutable and Polygon Labs will be responsible for sourcing investment opportunities, while King River will manage the investment process and deploy funds to game studios and Web3 infrastructure...

Binance has tightened vetting requirements for its prime brokers to exclude US investors. The measure follows Binance’s plea last year to a $4.3 billion fine for violating U.S. anti-money laundering and sanctions laws. Binance asked major brokers such as FalconX and Hidden Road to request more information from their clients, including office addresses and the locations of employees and founders. Additionally, Binance has strengthened the requirements for listing digital tokens to improve comp...

Binance has tightened vetting requirements for its prime brokers to exclude US investors. The measure follows Binance’s plea last year to a $4.3 billion fine for violating U.S. anti-money laundering and sanctions laws. Binance asked major brokers such as FalconX and Hidden Road to request more information from their clients, including office addresses and the locations of employees and founders. Additionally, Binance has strengthened the requirements for listing digital tokens to improve comp...

Epic Games Store, the digital distribution platform owned by Epic Games, has updated its listing policy to allow some blockchain games to be listed on its platform again. Epic Games has announced that games with NFT and blockchain elements will now be rated “Adults Only.” Epic's updated policies also resulted in the relisting of Gods Unchained and Striker Manager 3.

Epic Games Store, the digital distribution platform owned by Epic Games, has updated its listing policy to allow some blockchain games to be listed on its platform again. Epic Games has announced that games with NFT and blockchain elements will now be rated “Adults Only.” Epic's updated policies also resulted in the relisting of Gods Unchained and Striker Manager 3.

DeFi Education Fund and Texas apparel company Beba are suing the U.S. Securities and Exchange Commission, asking a Texas district court to declare their BEBA token airdrop not to be a security and to enforce the Administrative Procedure Act during the SEC’s rulemaking process. 》. It is reported that the Administrative Procedure Act governs how federal agencies formulate and issue rules. BEBA Token is an asset that can be redeemed for exclusive products from the Texas-based Beba online store. ...

DeFi Education Fund and Texas apparel company Beba are suing the U.S. Securities and Exchange Commission, asking a Texas district court to declare their BEBA token airdrop not to be a security and to enforce the Administrative Procedure Act during the SEC’s rulemaking process. 》. It is reported that the Administrative Procedure Act governs how federal agencies formulate and issue rules. BEBA Token is an asset that can be redeemed for exclusive products from the Texas-based Beba online store. ...

Prospects for the passage of stablecoin legislation in 2024 are dim as legislative negotiations have stalled and time is running out as the election season approaches. Although lawmakers are optimistic about advancing stablecoin bills in the Senate and House of Representatives, discussions have continued for months without progress. Although the stablecoin bill led by House Financial Services Committee Chairman Patrick McHenry passed the committee in the summer, it was blocked by bipartisan d...

Prospects for the passage of stablecoin legislation in 2024 are dim as legislative negotiations have stalled and time is running out as the election season approaches. Although lawmakers are optimistic about advancing stablecoin bills in the Senate and House of Representatives, discussions have continued for months without progress. Although the stablecoin bill led by House Financial Services Committee Chairman Patrick McHenry passed the committee in the summer, it was blocked by bipartisan d...