Sam Bankman-Fried FTX fraud trial continues: What to expect in the second week

In the second week of his fraud trial, SBF will face testimonies against him from witnesses, including former partner and CEO of Alameda Research Caroline Ellison. Follow up Join us on social networks The second week of the Sam “SBF” Bankman-Fried FTX fraud trial will commence its hearings again on Monday, Oct. 9, with one …

Crypto investment products see largest inflows since July — CoinShares

Cryptocurrency investment products saw inflows for the second consecutive week, totaling $78 million, according to CoinShares. News Join us on social networks Digital asset investment products continued to see significant inflows in the past week, reaching the highest volume levels since July 2023, according to a new report. Crypto investment products saw inflows for the …

Billionaire Ray Dalio Says Cash Is Not Trash Anymore, Calls Asset Class Relatively Attractive – Here’s Why

Billionaire investor Ray Dalio says that the “cash is trash” mantra is no longer true amid significant shifts in the macroeconomic landscape. In a new discussion at the Greenwich Economic Forum, Dalio says financial conditions have changed enough in the last several years that cash is now a “relatively attractive asset class,” at least for …

EU mulls more restrictive regulations for large AI models: Report

Negotiators in the EU are reportedly considering additional restrictions for large AI models, such as OpenAI’s ChatGPT-4, as a component of its coming AI Act. News Join us on social networks Representatives in the European Union are reportedly negotiating a plan for additional regulations on the largest artificial intelligence (AI) systems, according to a report …

Ukraine rolls out AI regulation roadmap

The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws. News Join us on social networks Ukraine’s Ministry of Digital Transformation presented its regulatory roadmap for artificial intelligence (AI) on Oct. 7. The roadmap was published on the ministry’s website and states that …

Binance, OKX to comply with new financial promotions rules in UK

Crypto firms such as Binance, OKX and MoonPay have announced they’ve been working to comply with the United Kingdom’s new financial promotion rules. News Join us on social networks Major global cryptocurrency exchanges like Binance and OKX have announced that they’re working to comply with new financial promotion regulations in the United Kingdom. The U.K. …

Sam Bankman-Fried Trial: DOJ forbids SBF from highlighting Anthropic investment in defense

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 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 on …

Bitcoin (BTC) Forming Bullish Structure as US Dollar Shows Signs of Weakness, According to Analyst Jason Pizzino

Bitcoin’s (BTC) market structure is currently suggesting that an uptrend is now underway, according to crypto analyst Jason Pizzino. In a new strategy session, Pizzino tells his 290,000 YouTube subscribers that if BTC can convincingly settle above the $28,400 mark, a strong upward surge will likely form afterward. “$28,400 is that key level, but it …

War, CPI and $28K BTC price — 5 things to know in Bitcoin this week

Bitcoin prepares for a testing macro week as geopolitical uncertainty injects volatility into gold, oil and the U.S. dollar, but BTC price action has yet to react. Markets News Join us on social networks Bitcoin (BTC) starts the second week of October up 4% month-to-date as geopolitical instability provides a snap market focus. BTC price …

Huobi, KuCoin, over 140 crypto exchanges ‘non-authorized’ — UK regulator

The FCA’s list of registered crypto asset providers includes 42 entities and hasn’t changed since August. News Join us on social networks The United Kingdom’s financial markets regulator, The Financial Conduct Authority (FCA), had a busy Sunday on Oct. 8, as it added several crypto exchanges to its warning list of non-authorized firms that customers …

Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say

United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman-Fried’s legal team. News Join us on social networks United States prosecutors have requested the court presiding over Sam Bankman-Fried’s trial to bar his legal team from making any arguments …

OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull

A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021, but some commentators have raised doubts. News Join us on social networks Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 …

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