Author: e_cash_top
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NVIDIA steps up self-driving with Foxconn partnership to put NVIDIA DRIVE in cars
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more βΊ Connected to Alpha Welcome! π You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Lawmakers urge Biden administration to crack down on use of crypto by Hamas
[ad_1] A bipartisan group of lawmakers has voiced deep apprehension over recent reports concerning the exploitation of cryptocurrencies by terrorist organizations, including Hamas and Palestinian Islamic Jihad (PIJ), to finance their operations and sidestep U.S. sanctions. In a joint letter sent to top U.S. officials, the lawmakers forcefully called on the Biden administration to take…
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Chainalysis says crypto usage for terror financing is ‘tiny fraction’ of overall volume
[ad_1] A recent report by Chainalysis has cast doubt on sensationalized claims regarding the use of cryptocurrency by terrorist organizations for financing. In the wake of a recent terrorist attack by Hamas in Israel, the report aims to correct misconceptions surrounding the role of digital currencies in funding terrorism. Dispelling misconceptions Chainalysis, a leading authority…
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Tesla maintains Bitcoin holdings while directing resources toward AI
[ad_1] Tesla published its Q3 2023 shareholder deck on Oct. 18, indicating that it continues to hold its Bitcoin balance as it directs resources to AI efforts. The company reported $184 million in digital assets, known to be composed largely or entirely of Bitcoin (BTC), for the quarter ending Sept. 30, 2023. That amount is…
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SBF Trial β Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer funds
[ad_1] The eleventh day of the Sam Bankman-Fried (SBF) trial revolved around the testimony of accounting experts brought forward by the prosecution to shed light on the disappearance of $9 billion in FTX customer funds that preceded the cryptocurrency exchangeβs bankruptcy. The main witnesses for the day were Professor Peter Easton, an esteemed accounting expert…
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FDIC Inspector General finds glaring gaps in its crypto oversight efforts
[ad_1] A new assessment by the Federal Deposit Insurance Corporation (FDIC)’sΒ Office of Inspector General has brought to light substantial gaps and deficiencies in its ability to provide clarity to member banks on policies and procedures regarding crypto activities. The review of risk assessment strategies stemmed from the crypto-asset sector’s wild volatility since 2020, reaching…
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Gensler takes questions on spot Bitcoin ETFs, but keeps cards close to chest
[ad_1] U.S. Securities and Exchange Commission (SEC) chair Gary Gensler spoke to Bloomberg about several pending spot Bitcoin (BTC) ETFs on Oct. 18. In his interview, Gensler acknowledged that around ten Bitcoin exchange-traded fund (ETF) proposals are currently awaiting a decision from SEC staff. He noted that he personally cannot pre-judge those proposals and declined…
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European Central Bank advances CBDC to preparation stage, but still not committed to implementation
[ad_1] The European Central Bank (ECB) announced on Oct. 18 that its project to develop a digital form of the euro is progressing to the preparation phase. Christine Lagarde, President of the ECB, said on Twitter/X: “We need to prepare our currency for the future. While we havenβt yet decided whether to issue a digital…
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U.S. Treasury sanctions Gaza-based crypto broker alleged to have facilitated $25 million in crypto transactions since 2015
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more βΊ Connected to Alpha Welcome! π You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Taproot Assets launches on Bitcoin, introducing tokenized asset capabilities to the network
[ad_1] Lighting Labs has announced the mainnet alpha of the Taproot Assets daemon, providing the network with the capacity to hold tokenized assets. This release offers a comprehensive developer experience for issuing, managing, and exploring stablecoins and other assets on the Bitcoin (BTC) blockchain, according to a post by the director of business development at…