The convergence of cryptocurrency with artificial intelligence (AI) is attracting significant attention from builders and investors alike. “We’ve never been more excited about crypto and we continue to invest across all stages,” Paradigm co-founder Matt Huang said in a recent tweet, adding, “We’re also a group of curious nerds and the developments in AI are too interesting to ignore.” As one example, AI-metaverse startup Futureverse raised a $54 million in Series A funding this month, with growth equity fund 10T Holdings leading the round, joined by Ripple Labs. Naturally, it has also caused pundits to speculate on an exponential increase in crypto values. Arthur Hayes, BitMEx co-founder and former CEO,…
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Ripple suit no slam dunk for SEC: Grayscale attorney
Suing to prove XRP is a security is bad regulation and bad strategy that Securities and Exchange Commission Chairman Gary Gensler should halt argues Joseph Hall
Calling the suit indicative of what was wrong with the agency’s treatment of cryptocurrencies under now-departed Chairman Jay Clayton, Hall called on Gary Gensler, the recently nominated SEC chairman who is currently a professor teaching digital assets and blockchain at MIT, to use the suit to “chart a different course” in its treatment of cryptocurrencies.
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Must-reads for October 29, 2018: Bitcoin might be a threat to democracy but may be replaced and no one cares anyway
These are the crypto stories you should be following today
Is Bitcoin Secretly Messing with the Midterms? (Politico) According to Betteridge’s Law, “Any headline that ends in a question mark can be answered by the word no.” This is no exception. Bitcoin seems indestructible but is another cryptocurrency about to take its place? (The Independent) According to Betteridge’s Law, “Any headline that ends in a question mark can be answered by the word no.” This is no exception. Bitcoin Can Boast Incredible Stability, But Interest Also Hits a Low (Today) Bitcoin’s low volatility is coinciding with a drop in Google searches for the term “Bitcoin” (it’s at its lowest since May 2017). Does that explain everything? Probably not,…
