AI startups draw record $11.8B funding in Q3
According to Stocklytics, AI startups accounted for 30% of total venture capital funding in the third quarter of 2024.
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Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low
Lack of enthusiasm toward cryptocurrencies comes from regulatory uncertainty, but there’s also some concern on the macroeconomic side

Thai SEC Urges Public to Avoid Unlicensed Crypto Exchange as Regulation Set to Take Effect
Thailand’s financial regulator has told a cryptocurrency exchange to cease advertising and warned citizens not to use it due to legal uncertainty, the Thai Securities and Exchange Commission (Thai SEC) reported Tuesday, Nov. 13.In the release, the Thai SEC said it had not officially endorsed Q Exchange, a joint Thai and South Korean venture, within…

In Its First Public Acquisition, Binance Buys Decentralized Trust Wallet
Major crypto exchange Binance has made its first public acquisition, having bought Trust Wallet, according to an announcement July 31. Launched in 2017, U.S.-based Trust Wallet is an open source, anonymous, and decentralized wallet that supports Ethereum (ETH) and over 20,000 different Ethereum-based tokens (ERC20, ERC223, and ERC721). While the details of the deal are…

Iggy Azalea’s MOTHER memecoin surges 30% on mobile company announcement
The memecoin will allow holders to purchase smartphones and mobile phone subscriptions in the newly re-launched company.

Fifth Largest Crypto Exchange Bithumb to Reopen Account Registrations, Media Report
Bithumb, one of the largest South Korean cryptocurrency exchanges, will open up account registrations after a month-long freeze, local media outlet Yonhap News reports Wednesday, August 29. According to a spokesperson from banking partner Nonghyup Bank, Bithumb will meet specific requirements as dictated by South Korean law in return for regaining banking support. Nonghyup had…

Security concerns slow crypto payment adoption worldwide — Survey
Security concerns remain the biggest obstacle to the mainstream adoption of cryptocurrency payments, as hacks and phishing scams continue to damage the industry’s legitimacy. More than 37% of investors identified security risks as the main barrier to using cryptocurrency for payments, according to a survey of 4,599 users conducted by Bitget Wallet as part of

Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves
Bills to create Bitcoin reserves have been introduced in 26 states, with Arizona currently the closest to passing a law. Lawmakers in the US states of Minnesota and Alabama filed companion bills to identical existing bills that if passed into law, would allow each state to buy Bitcoin. The Minnesota Bitcoin Act, or HF 2946

Starknet staking will hit mainnet in Q4 — EthCC
Starknet plans to introduce staking through a new protocol launching on the testnet before a mainnet release in Q4.