China

Bitcoin, ether drop more than 22% in Q4 as December ‘Santa rally’ fizzles

Bitcoin and ether experienced significant declines of over 22% in the fourth quarter of 2023, as the anticipated December "Santa rally" failed to materialize. Market analysts noted that a combination of factors, including regulatory concerns and macroeconomic pressures, contributed to the downturn. Despite initial optimism for a year-end rebound, investor sentiment weakened, leading to a sell-off in major cryptocurrencies. This decline marks a stark contrast to previous years when December typically saw price increases for digital assets.

Read the full article: CoinDesk

Ethereum's Vitalik Buterin Going All-In on Decentralized Social Media as Farcaster, Lens Change Hands

Ethereum co-founder Vitalik Buterin is fully endorsing decentralized social media platforms, particularly Farcaster and Lens, as they transition to new ownership. This shift highlights a growing interest in decentralized alternatives to traditional social media, aiming to enhance user control and privacy. Buterin's involvement underscores the potential of blockchain

Coinbase CEO Brian Armstrong spars with France’s Central Bank chief at Davos over yield and ‘bitcoin standard’

At the World Economic Forum in Davos, Coinbase CEO Brian Armstrong engaged in a debate with France’s Central Bank chief, François Villeroy de Galhau, regarding cryptocurrency yields and the concept of a "bitcoin standard." Armstrong advocated for the potential of cryptocurrencies to offer higher yields compared to

Senate Agriculture publishes own version of market structure bill without bipartisan support

The Senate Agriculture Committee has released its own version of a market structure bill aimed at regulating the cryptocurrency industry, but it lacks bipartisan support. The bill proposes a framework for overseeing digital assets, focusing on consumer protection and market integrity. Critics argue that the absence of bipartisan backing could

Expect AGI Within a Few Years, Says Anthropic CEO—and Job Losses Too

Anthropic CEO Dario Amodei predicts that artificial general intelligence (AGI) will be developed within a few years, emphasizing its potential to revolutionize various sectors. He warns, however, that the rise of AGI could lead to significant job losses as automation replaces human roles in the workforce. Amodei highlights the importance

Read more

Ethereum's Vitalik Buterin Going All-In on Decentralized Social Media as Farcaster, Lens Change Hands

Coinbase CEO Brian Armstrong spars with France’s Central Bank chief at Davos over yield and ‘bitcoin standard’

Senate Agriculture publishes own version of market structure bill without bipartisan support

Expect AGI Within a Few Years, Says Anthropic CEO—and Job Losses Too