Sunday, October 11

Business

Crypto Companies Urge AI Firms to Give Bitcoin Devs Early Access

A group of cryptocurrency companies has urged frontier artificial intelligence (AI) labs to give Bitcoin developers early access to their most capable models.The letter, published by the Bitcoin Policy Institute (BPI) on Monday, said many digital asset defenders, including Bitcoin…

CFTC Orders Kalshi to Keep Operating Amid New York Lawsuit

The US Commodity Futures Trading Commission (CFTC) invoked its emergency authority on Tuesday, ordering prediction market Kalshi to continue operating.The CFTC said that New York’s enforcement action and request for a temporary restraining order themselves constituted a market emergency and…

Goliath Ventures Faces SEC, CFTC Suits Over 0M Ponzi

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits against Goliath Ventures and founder Christopher Delgado over an alleged crypto Ponzi scheme that raised about $400 million. The SEC said Goliath raised at…

Gold Hits Nine-Week Highs As Bitcoin Drops Into US CPI Data Release

Bitcoin (BTC) headed lower around Tuesday’s Wall Street open as investors’ appetite for gold sent the precious metal to nine-week highs.Key points:Bitcoin takes a backseat as gold steals the limelight climbing to $4,435 per ounce.Analysis eyes the Bitcoin-gold positive correlation…

Nasdaq Buys LeveL Markets as Tokenization Push Expands

Nasdaq has agreed to acquire LeveL Markets, the third-largest alternative trading system in the US by trading volume, as part of its push into tokenized and always-on markets.According to Nasdaq, LeveL Markets processes hundreds of millions of shares daily and…

Itaú Tests Tokenized Securities in Brazil ANBIMA Pilot

Itaú, Latin America’s largest private sector bank, has partnered with digital asset infrastructure provider OpenAssets to participate in an industry-led pilot testing the tokenization of fixed-income securities and investment funds in Brazil.The initiative is led by the Brazilian Financial and…

Tinubu approves framework to unlock bn deep offshore investment

President Bola Tinubu has approved a new investment framework designed to unlock up to $50 billion in deep offshore oil and gas investments and revive major projects that have remained stalled for decades. The framework replaces project-by-project negotiations with transparent…

Airport operations will continue amid aviation unions’ strike

The Federal Airports Authority of Nigeria (FAAN) has assured passengers that airport operations will continue despite the ongoing industrial action by aviation unions. FAAN, in a statement issued on Tuesday, said it was working with aviation agencies, airlines, security agencies…

ARP Digital Wins VARA License for Dubai Crypto Services

ARP Digital, an institutional digital asset infrastructure provider, has secured a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority, allowing the Bahrain-based firm to offer regulated conversions between digital assets and the UAE dirham.According to ARP Digital, the license covers…

Bank of Russia Proposes 3 Crypto Assets for Exchange Trading

Russia’s central bank has compiled a proposed list of crypto assets that could be admitted to public trading on exchanges under new rules approved last week.The list includes Bitcoin, Ether and Tether’s stablecoin USDT, the Bank of Russia said Tuesday,…

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