⚡️ News Flash -  03 Apr 2024 !

1️⃣ SEC Official Gurbir Grewal Slams Crypto Industry for Noncompliance and 'Creative' Rule Avoidance

Gurbir Grewal, an SEC official, criticized the crypto industry for noncompliance and "creative" rule avoidance. He acknowledged claims that the SEC regulates by enforcement but clarified that his views are personal and may not reflect the agency's.

2️⃣ VR developer Victoria VR integrates OpenAI, leveraging ChatGPT to enhance its virtual reality experiences

The new integration with OpenAI enables users to experience AI implementation through Victoria VR's AI builder platform. This platform, as described by Adam Bém, CEO and co-founder of Victoria VR, allows for the development of virtual reality experiences using AI algorithms.

3️⃣ The U.S. SEC is seeking public comments on proposed spot Ether ETFs.

SEC opens a three-week comment period for proposed spot Ether ETFs tied to Grayscale Investments, Fidelity, and Bitwise.

4️⃣ Galaxy Digital is reportedly launching a $100 million fund to support early-stage crypto companies

Galaxy Digital is assembling a $100 million fund to invest in early-stage crypto companies. This move aligns with Galaxy's 2023 decision to integrate its venture capital arm into its asset management division.

5️⃣ Bitfinex Derivatives introduces volatility futures for Bitcoin and Ether

Bitfinex Derivatives, provided by iFinex Financial, has launched trading for two new perpetual futures contracts based on the Volmex Implied Volatility indexes for Bitcoin (BVIV) and Ethereum (EVIV).

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