Patrick Witt exits White House crypto role as Clarity Act stalls
Leadership at the White House is shifting once again, as Patrick Witt’s tenure as the administration’s top crypto adviser comes to an end. Source: www.theblock.co Read Full Story
DeFi
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Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources
The chatbot app once valued at $1 billion is up for sale in a Delaware court, two weeks after launching new models. If nobody buys it, it shuts down. Source: decrypt.co Read Full Story
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Blur is shutting down its website, so why are NFT collectors cheering?
Blur’s planned website closure revived criticism of the royalty policies and token rewards that helped it overtake OpenSea during the NFT boom, but hurt creators. Source: cointelegraph.com Read Full Story
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Ledger says unauthorized implant found in at least one device sold by CryptoBilis
Ledger confirmed an unauthorized hardware implant in a device linked to crypto losses at CryptoBilis, a Southeast Asian reseller. The company says confirmed cases are limited and its internal systems remain unaffected. Source: www.coindesk.com Read Full Story
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Is XRP Ledger Vulnerable to AI? Avalanche Founder Warns of Hidden Flaws
Avalanche founder Emin Gün Sirer argues that AI could uncover security flaws in the XRP Ledger. He says that threat deserves more attention than the fall of existing cryptography. His warning arrives as the ledger faces renewed scrutiny over an emergency software update. The debate on the threat AI poses for crypto is mostly just…
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Blockchain.com seeks CFTC greenlight for US prediction markets, crypto derivatives trading: CNBC
Blockchain.com has applied for DCM and FCM licenses to offer ahead of a planned $500 million IPO. Source: www.theblock.co Read Full Story
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AI Startup Manus Raises $500 Million After China Nixed Meta’s $2 Billion Acquisition
Manus built a self-driving AI assistant before the hype, sold itself to Meta, then watched Beijing unwind the deal. Its first fresh money since: more than $500 million. Source: decrypt.co Read Full Story
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US Bitcoin ETFs shed $485M in biggest daily outflow since June
Bitcoin ETFs erased October’s net inflows with $485 million in withdrawals, while Ether funds logged a seventh straight outflow session. Source: cointelegraph.com Read Full Story
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U.S. government moves over $100 million in BTC and BNB. A sale hasn’t been confirmed
Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham. Source: www.coindesk.com Read Full Story
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Kim Jong-un’s Launderer Made a New Friend on Telegram: It Was ZachXBT
ZachXBT posed as a scammer to infiltrate a Chinese crew accused of laundering most of Bybit’s $1.5 billion for North Korea. His launderer repaid him with Kim Jong-un updates, dinner photos, and a mahjong invitation. The investigator says the intel helped freeze funds and attribute Bybit flows. He fronted $349,700 of his own money and…
