Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor’s decentralized AI ecosystem.Source
Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules
Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported.Source
Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC
Teresa Goody Guillén, a veteran of the U.S. Securities and Exchange Commission, is among the candidates president-elect Donald Trump is considering to lead the agency, people familiar with the situation said.Source
Rumble Stock Rises as CEO Teases Bitcoin Adoption
The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter.Source
Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields
The protocol’s rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth.Source
Bitcoin Makes New All-Time High of $94,000 as ETF Options Go Live
Spot bitcoin exchange-traded funds options are making solid volume on their first day.Source
Dueling ‘Eliza’ AI Tokens Boom and Zoom in Frenzied Trading
Power and profits took center stage in a confusing morning.Source
Howard Lutnick, Tether’s Wall Street Banker, Is Trump’s Pick for Commerce Chief, Not Treasury Secretary
President-elect Donald Trump has nominated Cantor Fitzgerald CEO Howard Lutnick as Treasury Secretary.Source
Stablecoin Issuer Paxos to Buy Finland’s Membrane Finance to Gain EU Access
Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.Source
El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering
The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said.Source