Bitcoin Volatility Jumps to 3-Month High Ahead of U.S. Election
Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility.Source
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Bitcoin Pulls Under $68K as Crypto Markets Falter Ahead of Election
At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus an easy Trump victory just days ago.Source
Ethereum Researchers Relinquish EigenLayer Roles Over Conflict of Interest Concerns
Researchers Justin Drake and Drankrad Feist set off a controversy in May when they revealed that they’d accepted big token payouts from EigenLayer, raising conflict of interest concerns.Source
Kemi Badenoch Is New Leader of U.K. Conservative Party
The leadership election was set-off by former Prime Minister Rishi Sunak’s decision to resign as party leader.Source
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