Crypto

Source: Bitcoinist KaJ Labs, the developer behind the on-chain enterprise platform Atua AI (TUA), has committed $100 million to advance artificial intelligence (AI) applications within the XRP ledger ecosystem. The announcement, made on December 12, 2024 in Dubai, UAE, aims to develop AI-driven solutions tailored specifically for XRP’s infrastructure. XRP Meets AI According to the…

Source: Coin Tegraph A Texas Bitcoin investor faces prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent. Read Full Article

Source: Coin Tegraph The new funds add to Grayscale’s expanding suite of single-asset crypto products. Read Full Article

Source: Bitcoinist The on-chain analytics firm Glassnode has revealed how much of the total cumulative Bitcoin volume reflects ‘real’ transactions. Entity-Adjusted Approach For Bitcoin Volume Reveals Shocking Fact In its latest weekly report, Glassnode has discussed about how some of the metrics core to the Bitcoin network are like after the cryptocurrency’s price has claimed…

Source: Coin Tegraph Trump’s team is asking whether he can eliminate financial industry regulators or combine them, according to a Wall Street Journal report. Read Full Article

Source: Coin Tegraph Decentralized identity systems leverage blockchain technology to establish a secure, user-centric framework for managing identities. Read Full Article

Source: Coin Tegraph The UK’s central bank wants to monitor the stability of crypto and set future policy; it has asked local firms to disclose their current and future crypto plans. Read Full Article

Source: Coin Tegraph Former Paradigm investment partner Casey Caruso’s Topology has been backed by Andreessen Horowitz’s executives, an OpenAI founder and even Paris Hilton. Read Full Article

Source: Bitcoinist On Thursday, the Texas House of Representatives took a significant step toward integrating cryptocurrency into state financial strategy by introducing a bill aimed at establishing a strategic Bitcoin reserve.  Sponsored by Republican state Representative Giovanni Capriglione, the proposed legislation seeks to allow the state to accept taxes, fees, and donations in Bitcoin, with…

Source: Coin Tegraph Institutional investors have played a large role in Binance’s $24.2 billion net inflows so far in 2024. Read Full Article