May 16: Legal Appeals, Market Expansions, and Corporate Developments
Daily Crypto News16 Touko 2024

May 16: Legal Appeals, Market Expansions, and Corporate Developments

Alexey Pertsev, the developer behind the controversial Tornado Cash platform, has appealed his guilty verdict, highlighting ongoing debates surrounding cryptocurrency regulations and privacy. This case continues to draw significant attention as it touches on the broader implications of decentralized finance and government oversight.


Meanwhile, the cryptocurrency market is poised for potential shifts as the Chicago Mercantile Exchange (CME) explores launching spot Bitcoin trading, aiming to compete with major crypto exchanges like Binance and Coinbase. This move could significantly impact the landscape of cryptocurrency trading by introducing a traditional financial player into the arena of direct crypto trading.


In corporate news, OpenAI is facing a series of executive departures amid concerns over AI safety. These departures could signal challenges within the organization regarding the direction and management of ethical AI development, reflecting wider industry issues about the rapid advancement of AI technologies.


Additionally, Oklahoma has enacted a new law that reinforces the right to self-custody Bitcoin, providing a regulatory boost to crypto miners and holders in the state. This law is a significant step towards embracing and formalizing the cryptocurrency sector within state legislations.


Lastly, the situation of a Binance executive detained in Nigeria reaches 100 days, underscoring the complex and often precarious interactions between global cryptocurrency operations and local legal systems. This ongoing detention highlights the challenges that arise as global crypto entities navigate varied regulatory environments across different countries.

________


https://substack.com/@dcndailycryptonews


News Links 👇

https://www.coindesk.com/policy/2024/05/16/tornado-cash-developer-alexey-pertsev-appeals-guilty-verdict/


https://decrypt.co/230945/open-ai-executive-departures-ai-safety


https://decrypt.co/230962/bitcoin-self-custody-right-law-mining-oklahoma


https://www.coindesk.com/markets/2024/05/16/cme-looks-to-take-on-binance-and-coinbase-could-launch-spot-bitcoin-trading-report/?_gl=1*1rwmxa7*_up*MQ..*_ga*ODI2OTIyNDA1LjE3MTU4NjE4MzU.*_ga_VM3STRYVN8*MTcxNTg2MTgzNC4xLjAuMTcxNTg2MTgzNC4wLjAuODgzNjMwMTIz


https://www.dlnews.com/articles/people-culture/timeline-of-binance-exec-imprisonment-in-nigeria-at-100-days/


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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


©Copyright 2024 Matthew Aaron Podcasts LLC


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Feb 12: Bitcoin's Halving Horizon: Predictions, Endorsements, & Legal Battles

Feb 12: Bitcoin's Halving Horizon: Predictions, Endorsements, & Legal Battles

The cryptocurrency community is abuzz with anticipation and analysis as the 2024 Bitcoin halving event draws near, with significant implications for investors, companies, and the market at large. Grayscale, a leading digital asset manager, has released its prediction for the upcoming Bitcoin halving, suggesting that the event could lead to increased interest in both ETFs and the burgeoning field of Bitcoin ordinals. This perspective is echoed by market analyses indicating that Bitcoin is showing signs of strength as it approaches this critical juncture, which historically has led to substantial market movements.Jack Dorsey, a well-known advocate for Bitcoin and co-founder of Twitter, made a notable public endorsement of the cryptocurrency at the Super Bowl, wearing a Satoshi Nakamoto T-shirt. This move, coupled with his and Jay-Z's support, highlights the growing mainstream attention and acceptance of Bitcoin, underscoring its significance beyond the financial markets.In the realm of legal and financial challenges, the Digital Currency Group (DCG) and Gemini are embroiled in a lawsuit in New York, with allegations involving a staggering $3 billion. This legal battle underscores the complexities and regulatory hurdles facing the cryptocurrency industry as it continues to mature and integrate into broader financial systems.________News Links 👇https://decrypt.co/216955/grayscale-2024-bitcoin-halving-prediction-etfs-ordinalshttps://www.coindesk.com/markets/2024/02/12/bitcoin-stronger-ahead-of-halving-grayscale/https://www.businessinsider.com/jack-dorsey-satoshi-tshirt-nirvana-super-bowl-bitcoin-jayz-2024-2https://decrypt.co/216808/dcg-gemini-new-york-lawsuit-3-billionhttps://x.com/zerohedge/status/1757024708225036329?s=20——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

12 Helmi 202410min

Feb 9: Ethereum Dencun final test successful / RMB CBDC - made by HK / Thailand drastically reduces cryptocurrency taxes / An Awkward Friendship : Klaytn X Finschia

Feb 9: Ethereum Dencun final test successful / RMB CBDC - made by HK / Thailand drastically reduces cryptocurrency taxes / An Awkward Friendship : Klaytn X Finschia

News Links 👇Ethereum Dencun final test successfulhttps://milkroad.com/news/ethereum-dencun-upgrade-completes-final-test/Bakkt is having hard timehttps://www.coindesk.com/business/2024/02/07/crypto-firm-bakkt-warns-it-might-not-be-able-to-remain-in-business/RMB CBDC - made by HKhttps://decrypt.co/216221/hong-kong-chinese-yuan-stablecoinThailand drastically reduces cryptocurrency taxeshttps://www.dlnews.com/articles/regulation/thailand-cuts-crypto-trade-tax/An Awkward Friendship : Klaytn X Finschiahttps://paragraph.xyz/@shubit/an-awkward-friendship-klaytn-x-finschia ——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

9 Helmi 202412min

Feb 8: State of DeFi - Talk with DaoChemist

Feb 8: State of DeFi - Talk with DaoChemist

Follow the guest 👇https://twitter.com/DaoChemist ——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

8 Helmi 202439min

Feb 7: Solana Blackout, ‘Bitcoin President’ Bukele re-elected, February unlocked token volume, LST+LRT strategy

Feb 7: Solana Blackout, ‘Bitcoin President’ Bukele re-elected, February unlocked token volume, LST+LRT strategy

News Links 👇Solana Blackout https://milkroad.com/news/solana-restarts-after-5-hours-of-outage-sol-reacts/‘Bitcoin President’ Bukele re-electedhttps://decrypt.co/215712/bitcoin-champion-nayib-bukele-clinches-reelection-in-el-salvador February unlocked token volume https://www.theblock.co/post/275915/february-will-see-800-million-of-unlocks-from-avalanche-optimism-aptos-and-more LST+LRT strategy https://route2fi.substack.com/p/lets-talk-about-restaking-and-all ——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

7 Helmi 20249min

Feb 6: LRT Double up with Renzo, USDC on Celo, Do Kwon’s CFO goes home

Feb 6: LRT Double up with Renzo, USDC on Celo, Do Kwon’s CFO goes home

News Links 👇LRT Double up with Renzohttps://x.com/RenzoProtocol/status/1753040512150274209?s=20 https://www.youtube.com/watch?v=r1IbC9RsmrU USDC on Celohttps://www.circle.com/blog/what-you-need-to-know-native-usdc-is-launching-on-celo https://21shares.com/research/onchain-insights-1 Do Kwon’s CFO goes homehttps://www.dlnews.com/articles/regulation/han-chang-joon-has-been-extradited-to-south-korea/ ——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

6 Helmi 20247min

Feb 5: Metaverse & GameFi pump? Genesis $1.4b GBTC sell pressure, ETH options ATH, a16z SocialFi DAO

Feb 5: Metaverse & GameFi pump? Genesis $1.4b GBTC sell pressure, ETH options ATH, a16z SocialFi DAO

News Links 👇Metaverse & GameFi pump?https://www.chainbits.com/press-releases/bitget-lists-matr1x-fire-token-fire-in-innovation-and-gamefi-zone/ https://www.coindesk.com/business/2024/02/02/apples-vision-pro-set-to-get-first-metaverse-app-from-victoria-vr/amp/ https://twitter.com/VeVeNFTComics/status/1753515796196893068?t=wNS5Rq6VSlipYuADkWCsQg&s=19 Genesis $1.4b GBTC sell pressurehttps://www.theblock.co/post/275907/genesis-asks-bankruptcy-court-to-approve-1-4-billion-sale-of-gbtc-sharesETH options ATHhttps://www.theblock.co/post/275300/ether-options-trading-volume-hits-all-time-high-as-price-sits-around-2300 a16z SocialFi DAOhttps://blockworks.co/news/a16z-backed-social-dao——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

5 Helmi 202410min

Feb 2: Crypto Challenges and Regulatory Advances: Hacks, Losses, and Policy Shifts in Asia

Feb 2: Crypto Challenges and Regulatory Advances: Hacks, Losses, and Policy Shifts in Asia

The cryptocurrency landscape in Asia has been marked by a mix of cybersecurity incidents, regulatory evolutions, and heightened scrutiny. South Korea's crypto karaoke platform experienced a significant breach, resulting in a loss of over $11.5 million, highlighting ongoing security vulnerabilities within the crypto space. The platform's emergency response, including the immediate notice and steps taken to address the hack, underscores the critical need for robust security measures in digital asset platforms.China continues to grapple with Bitcoin-related crimes, with significant losses reported, reflecting the broader challenges of ensuring the security of crypto assets against a backdrop of sophisticated cyber threats. These incidents contribute to the growing concern over the protection of digital assets and the need for enhanced cybersecurity protocols.On a more positive note, Thailand's SEC is setting a precedent with the introduction of crypto-friendly regulations in 2024, aiming to foster a conducive environment for digital asset innovation and investment. This regulatory shift represents a significant move towards integrating cryptocurrencies into the mainstream financial system while ensuring investor protection.Hong Kong authorities have conducted raids on six Worldcoin operators, issuing a public warning about the project. This action indicates a proactive approach to regulating emerging crypto projects and safeguarding public interests against potential risks associated with digital asset operations.The Privacy Commissioner for Personal Data in Hong Kong has also released a statement, likely addressing concerns related to privacy and data protection within the digital asset sector, further emphasizing the importance of regulatory oversight in ensuring the integrity and safety of cryptocurrency operations.________News Links 👇https://www.theblock.co/post/274766/south-koreas-crypto-karaoke-platform-hacked-for-over-11-5-millionhttps://singlovers.medium.com/emergency-notice-following-the-hacking-incident-of-ssx-tokens-b66cd714dcd1https://beincrypto.com/china-bitcoin-crime-lost-crypto/https://www.coindesk.com/policy/2024/01/30/thailands-sec-breaks-new-ground-in-2024-with-crypto-friendly-rules/https://www.dlnews.com/articles/people-culture/hong-kong-raids-six-worldcoin-operators-with-public-warning/ https://www.pcpd.org.hk/english/news_events/media_statements/press_20240131.html——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

2 Helmi 202412min

Feb 1: Anatoly Yakovenko Creator of Solana: Flashback!

Feb 1: Anatoly Yakovenko Creator of Solana: Flashback!

Revisiting an old chat with the creator of Solana. ________News Links 👇——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

1 Helmi 202419min

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