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🖥 Tech giant Microsoft has been planning to add crypto wallet to its next Xbox.
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🖼 SnoopDogg's $7 million investment in an NFT gif has now dwindled to a value of $100.
SnoopDogg had previously disclosed his identity as the NFT collector operating under the pseudonym Cozomo de’ Medici.
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🧬 Bitcoin and Ethereum monthly returns.
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🇨🇳 Chinese property giant Evergrande files for bankruptcy.
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🔥 PayPal Launches a Stablecoin in Latest Crypto Payments Push.
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😀 Binance Will List Worldcoin (WLD).
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🧬 Binance completes integration of Bitcoin Lightning Network.
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🍟 Paying with BTC at Salvadoran McDonalds.
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🐦 Elon Musk says unverified Twitter users will be limited to viewing 300-600 tweets per day.
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🇩🇪 German regulator reportedly rejects Binance's crypto custody license demand
The Federal Financial Supervisory Authority (BaFin), the German financial regulator has reportedly rejected Binance’s crypto custody license application.
The news was first reported by Forward Finance citing people familiar with the matter. Later Cointelegraph reached out to Binance to confirm the same and a spokesperson from the firm said that they are “unable to share details of conversations with regulators,” while adding:
“We continue to work to comply with BaFin‘s requirements. As expected, this is a detailed and ongoing process. We are confident that we have the right team and measures in place to continue our discussions with regulators in Germany.”
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💵 Bankrupt FTX says they have recovered $7 billion in liquid assets.
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🤖 Amazon to invest $100M in generative AI center
Amazon’s cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence.
According to Bloomberg, the upcoming AWS Generative AI Innovation Center will connect Amazon experts in AI and machine learning with clients seeking to build applications based on the latest technologies. In generative AI, algorithms are used to create new content, such as audio, code, images, texts, simulations and videos.
Amazon said that Highspot, Twilio, Ryanair and Lonely Planet will be among the first users of the innovation center. With the new center, the company expects to sell more cloud services amid increasing competition in the cloud infrastructure market.
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⚖️ Do Kwon has been found guilty by a court in Montenegro of using a fake Costa Rican passport in an attempt to leave the country in March.
The former co-founder and CEO of Terra Labs was sentenced to four months in jail, according to a court statement.
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🔥 BlackRock's iShares Files Paperwork for Spot Bitcoin ETF.
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🇺🇸 US lawmakers file 'SEC Stabilization Act' to fire Gary Gensler.
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🐳 MicroStrategy has acquired an additional 5 445 BTC for ~$147.3 million at an average price of $27 053 per Bitcoin.
As of 9/24/23 MicroStrategy hodls 158 245 BTC acquired for ~$4.68 billion at an average price of $29 582 per Bitcoin.
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🇺🇸 US inflation rises to 3.7%
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📉 SpaceX wrote down the value of Bitcoin it owns by a total of $373 million last year and in 2021 and has sold the cryptocurrency.
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🇺🇸 US inflation rises to 3.2%, lower than expectations.
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🇺🇸 SEC Chair Gary Gensler says crypto is a highly speculative asset class filled with fraud.
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🔥 Tesla has added Bitcoin back into their code for payments on their website.
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👀 US judge rules Ripple XRP is not a security.
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🔋 Google updates its privacy policy to allow data scraping for AI training
The update to the company’s privacy policy came on July 1 and can be compared to previous versions of the policy via a link published on the site’s update page.
In the latest version, changes can be seen that include the addition of Google’s AI models, Bard and Cloud AI capabilities, to the services it may train by using “information that’s publicly available online” or from “other public sources.”
The policy update infers that Google is now making it clear to the public and its users that anything that is publicly uploaded online could be used in its training processes with the current and future AI systems it develops.
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🔥 $4.2 trillion asset manager Fidelity officially files for spot Bitcoin ETF.
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🔋 Google says its next AI ‘Gemini’ will be more powerful than ChatGPT
Google’s artificial intelligence (AI) subsidiary DeepMind said the company’s forthcoming AI system will be “more capable” than OpenAI’s ChatGPT.
According to a report from Wired, Demis Hassabis, the CEO of DeepMind, says the company’s Gemini AI is a large language model (LLM) that utilizes text similar to ChatGPT’s processes but will be equipped with new capabilities like planning or problem-solving.
The system will be based on technology and techniques used in AlphaGo, an early AI system developed by DeepMind in 2016.
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😀 Binance reverses decision to delist privacy coins in Europe.
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⚡️ Charles Schwab, Citadel-backed crypto exchange goes live today.
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🇫🇷 Binance, the world’s leading cryptocurrency exchange, under investigation in France.
🇳🇱 Binance to Quit Netherlands After Failing to Acquire License.
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🇺🇸 US inflation falls to 4%, lower than expectations.
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⚒ A solo Bitcoin miner with only 17TH won a block reward worth 6.25 BTC ($160 000).
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