Crypto Reverses Early Gains, Bitcoin Dives Back to $69K

Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.Source

Tornado Cash Developer Roman Storm’s Trial Delayed Until April

Tornado Cash developer Roman Storm’s upcoming criminal trial has been pushed to April instead of a previously scheduled December start date, a New York judge ruled Friday.Source

Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.

Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.Source

With Decentralized AI and Tokenized Ownership, We Can Fight ‘The Six’

Orthodox venture capital will never provide the resources for decentralized AI to take on Microsoft, Alphabet, Apple, et al. The only way is to supplant equity financing with user-owned, token-based systems, says Michael J. Casey, Chairman of The Decentralized AI Society.Source

Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.Source

Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan

The network’s monthly average hashrate surged to a record high, the report said.Source

Bitcoin at 16: Getting Its Driver’s License and Entering a New Era

Bitcoin has evolved beyond “digital gold.” Today, it’s a foundational piece of global financial infrastructure, says Trust Machines’ Rena Shah.Source

Jeff Bezos Just Made The Media’s Trust Problem Worse

But Web3 can fix it, says Zack Guzman, the founder of Trustless Media.Source

CoinDesk 20 Performance Update: UNI Gains 5% as Index Rises from Thursday

Render joined Uniswap as a top performer, gaining 2.6%.Source

U.S. Added Just 12K Jobs in October, Far Short of 113K Expected

The October employment numbers are among the last pieces of economic data the Fed will see prior to its policy setting meeting next week.Source