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infinityhedge
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Sources: infinityhedge, BBG, RTRS, DB, X, TREE, PN, CT, etc

Admin: @infinityhedge21

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The info provided is for info purposes only, not financial advice.
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SAUDI ARABIA PLANS $40B PUSH INTO ARTIFICIAL INTELLIGENCE: NYT

SAUDI ARABIA LOOKING TO BACK TECH STARTUPS TIED TO AI
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infinityhedge
SAUDI ARABIA PLANS $40B PUSH INTO ARTIFICIAL INTELLIGENCE: NYT SAUDI ARABIA LOOKING TO BACK TECH STARTUPS TIED TO AI
^"Saudi Arabia’s Public Investment Fund have discussed a potential partnership with a16z": nyt
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James Seyffart believes ETH spot ETFs will ultimately be denied for this round [May 23rd] as SEC hasn't engaged with issuers on Ethereum specifics.

infinityhedge belives gary not going to approve eth ETFs until a court orders him to.
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infinityhedge
Expected Years Until a General Artificial Intelligence System [AGI] Becomes Available: ARK invest
NVIDIA’S JENSEN HUANG SAYS AI HALLUCINATIONS ARE SOLVABLE, ARTIFICIAL GENERAL INTELLIGENCE IS 5 YEARS AWAY ⚠️

"AGI in 5 years"

TechCrunch
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BTC at 60k
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Binance Will Delist DREP, MOB, PNT on 2024-04-03 at 03:00 (UTC): link
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Alex Svanevik [nansenAI CEO]: worldcoin circulating supply wrong from their API (and on coingecko).

Their API says 154m tokens but the Optimism bridge alone has 163m tokens.

pretty sure the actual WLD circulating supply is at least 30% higher
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President Biden will announce $20 billion in grants and loans for Intel to expand its semiconductor production

Official link
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Demand for US Spot-Bitcoin ETFs Is Faltering: BBG
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Morph [Ethereum layer-2] has successfully closed a $20 million seed round, led by dragonfly: X
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Bitcoin ETFs flow vs Price chart by Tin2100
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Starknet's 2024 roadmap includes parallel transaction execution coming in Q2: TheBlock
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infinityhedge
James Seyffart believes ETH spot ETFs will ultimately be denied for this round [May 23rd] as SEC hasn't engaged with issuers on Ethereum specifics.
If SEC gave comments on spot ETH Etfs, odds of approval will at least double, maybe even triple (currently at 25%): Eric Balchunas
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Ethereum Foundation Under Investigation by 'State Authority': Coindesk

[News is atleast 24 days old]

An attorney familiar with the situation said a Swiss regulator may have served a document request to the Ethereum Foundation and may be working with the U.S. Securities and Exchange Commission (SEC).
"I also think it's fair to say the Ethereum Foundation is not the only entity that they are seeking information from," the attorney told CoinDesk, saying other overseas entities are receiving scrutiny.
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infinityhedge
Ethereum Foundation Under Investigation by 'State Authority': Coindesk [News is atleast 24 days old] An attorney familiar with the situation said a Swiss regulator may have served a document request to the Ethereum Foundation and may be working with the…
I'll have some thoughts on this. I do think this relates to the ETF, along with CB/Binance enforcement actions. The SEC has been in an untenable position for some time with its position on ETH.


This is imo either (i) an attempt to maintain its ambiguity for just a bit longer or (ii) SEC going nuclear option: Scott Johnsson
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SEC WAGING CAMPAIGN TO CLASSIFY ETHEREUM AS A SECURITY: FORTUNE

SEC probing crypto companies in Ethereum investigation as hopes for ETF dim

https://fortune.com/crypto/2024/03/20/sec-gary-gensler-ethereum-security-commodity-crypto-foundation/
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infinityhedge pinned «SEC WAGING CAMPAIGN TO CLASSIFY ETHEREUM AS A SECURITY: FORTUNE SEC probing crypto companies in Ethereum investigation as hopes for ETF dim https://fortune.com/crypto/2024/03/20/sec-gary-gensler-ethereum-security-commodity-crypto-foundation/»
infinityhedge
SEC WAGING CAMPAIGN TO CLASSIFY ETHEREUM AS A SECURITY: FORTUNE SEC probing crypto companies in Ethereum investigation as hopes for ETF dim https://fortune.com/crypto/2024/03/20/sec-gary-gensler-ethereum-security-commodity-crypto-foundation/
"According to a person at a company who received a recent subpoena request, the SEC’s probe of the Swiss-based Ethereum Foundation began shortly after the blockchain’s shift to a new governance model known as “proof-of-stake” in September of 2022."
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According to a March 20 Bloomberg report, a Celsius bankruptcy oversight committee has begun contacting customers who withdrew more than $100,000 prior to its collapse, with the goal of using potential returned funds to pay back customers who did not withdraw from the platform in time. As per stated by trustees, the clawback is expected to affect 2% of Celsius customers who collectively withdrew 40% of the firm's assets at the eleventh hour before its bankruptcy filing: Cointelegraph
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