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Chinese court sentences gang for money laundering using digital yuan

The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled. Source link

SEC chair sees spot Ether ETF S-1 approvals sometime in summer 2024

Some analysts had predicted that spot Ether ETFs could start trading on U.S. exchanges by the end of June, but the SEC has yet to set an exact date. Source link

$1M bet ChatGPT won’t lead to AGI, Apple’s intelligent AI use, AI millionaires surge: AI Eye

$1M prize to debunk hype over AGI, Apple Intelligence is modest but clever, Google is still stuck on that stupid ‘pizza glue’ answer. AI Eye. Source link

Bitcoin is the only decentralized currency, Tether CEO says

The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency. Source link

Bitcoin price tracks $68K as 'chicken' crypto market shrugs off US PPI

Bitcoin and altcoins are unmoved by a significant inflation slowdown, as shown in the latest U.S. macro data. Source link

US Bitcoin miners silent in face of Kerrisdale ‘snake oil’ claims

U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry. Source link

Terraform Labs ends operations, Terra community takes over

Terraform Labs ceases operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community. Source link

Hidden Road partners with Bitfinex after Bybit KYC issues

After halting support for BybBit’s crypto services in May 2024, Citadel-backed Hidden Road inked a new crypto partnership with Bitfinex exchange. Source link

European Commission selects Iota Web3 ID for blockchain sandbox

The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale. Source link

MicroStrategy plans $500M stock sale to buy more Bitcoin

MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset. Source link