JUST IN: OpenAI launches new ChatGPT model, o1, with reasoning capabilities of a PhD student.
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Vitalik Buterin will only publicly mention layer 2 networks that are decentralized enough, omitting those that do not meet the criteria — link | tl;dr
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Judge considers revoking guilty plea of FTX executive Ryan Salame, accusing him of lying under oath: Business Insider
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Vitalik Buterin's average number of tweets per month:
2023: 13
2024, Jan-Jul: 44
2024, August: 158
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Red market exposes true Ethereum L2 users in new data-packed research. - 𝕏/@stacy_muur
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“cbbtc lacks Proof of Reserve, no audits, and can freeze anyone's balance anytime. Essentially, it’s just 'trust me.' Any U.S. government subpoena could seize all your BTC. There’s no better representation of central bank Bitcoin than this. It’s a dark day for BTC.” - 𝕏/@justinsuntron
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Justin Sun: cbBTC lacks Proof of Reserve, no audits, and can freeze anyone's balance anytime. Essentially, it’s just 'trust me.' Any U.S. government subpoena could seize all your BTC. There’s no better representation of central bank Bitcoin than this. It’s a dark day for BTC.
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Chaos Labs has launched Edge, a decentralized oracle network that secured over $30B in transaction volume while in stealth. It powers Jupiter Exchange with advanced risk modeling, delivering resilient pricing and real-time risk adjustments during extreme market conditions. - 𝕏/@chaos_labs
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L2 networks saw a 15.3% drop in TVL in August, despite a 15.1% rise in total transactions — link
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Surveys released by Visa and others show that the use of stablecoins in cross-border payments, remittances, commodity payments, salary payments, etc. has increased significantly. In the first half of 2024, the value of global settlement via stablecoins reached $2.62 trillion, and is expected to reach $5.28 trillion for the full year. — link
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eToro settles with SEC, will halt trading of most crypto assets after unregistered broker charges. - sec.gov
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According to FOX Business, Grayscale will launch the first XRP trust fund in the United States. Grayscale has released a four-stage product life cycle plan for its XRP trust fund, and may seek regulatory approval to convert it into an ETF in the future. — link
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SEC: eToro Reaches Settlement with SEC and Will Cease Trading Activity in Nearly All Crypto Assets
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OpenAI releases o1 [The rumored ‘Strawberry’ model], its first model with ‘reasoning’ abilities: link
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US Secretary of State pressing Nigeria to release imprisoned Binance employee: NY Times
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CCP Games, the creators of EVE Online, announce they will be building "EVE Frontier" on Ethereum and launch a token — link | tl;dr
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CCP Games, the creators of EVE Online, announce they will be building "Eve Frontier" on Ethereum and launch a token: Blog
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Binance Labs announced that it has invested in OpenEden, whose focus is in building the bridge to a new financial system through its RWA tokenization platform. OpenEden’s tokenized U.S. T-Bill Fund is the first and only tokenized T-Bill product to receive an “A” rating from Moody’s. — link
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NEW: 🇺🇸 CNBC says "Bitcoin could soon hit six figures regardless of who wins U.S. election" 🚀
You really are not Bullish enough!
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Judge rules CFTC exceeded authority in blocking Kalshi’s election contracts. - The Block
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Stablecoins evolve beyond Crypto, emerging as key financial infrastructure. - castleisland.vc
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JUST IN: 🇺🇸 eToro settles lawsuit with SEC agreeing to limit crypto trading in the US.
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FYI: 🟠 Base model iPhones priced in terms of bitcoin at the time each of them were first released 📲
The iPhone 16 will be the cheapest brand new iPhone to date!
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Limit their offerings to only three crypto assets - Bitcoin, Bitcoin Cash, and Ether.
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eToro reaches settlement with SEC and will cease trading activity in nearly all crypto assets — link
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eToro Reaches Settlement with SEC and Will Cease Trading Activity in Nearly All Crypto Assets
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