Justin Sun is in the news for purchasing Maurizio Cattelan’s conceptual artwork—a banana duct-taped to a wall—for $6.2 million. Sun says the purchase is a “cultural phenomenon”.

The art will join other high-profile NFTs and traditional artwork acquisitions by Sun which could join the Tron network. 

Justin Sun adds $6M banana to his art collection

Tron’s Justin Sun has reportedly purchased a famous artwork called Comedian—a banana taped to a wall—at an auction for $6.2 million. According to th

The crypto Exchange-Traded Fund (ETF) race is heating up after the major success of Bitcoin spot ETF launch in the US. In a latest post, Nate Geraci, president of The ETF Store, suggested that the applications for Solana (SOL), Ripple’s XRP, HBAR, and even Cardano (ADA) or Avalanche (AVAX) ETFs are now in the mix.

Major financial players Grayscale are exploring altcoin ETFs, signaling a massive shift beyond Bitcoin and Ethereum. It hints that institutional investors are eyeing diverse exposure

Bitwise has submitted an S-1 filing with the U.S. SEC in the state of Delaware under the name “Bitwise Solana ETF.” The investment firm is applying for spot Solana ETFs, which are now promising after President-elect Donald Trump endorsed the crypto industry and vowed to foster a crypto-friendly approach to regulations.

Bitwise is in the race with other prominent asset management firms, such as VanEck and Canary Capital, which also submitted their filings with the U.S. financial watchdog for Sol

Kazuo Ueda, Governor of the Bank of Japan (BoJ), has warned that artificial intelligence (AI) poses a serious threat to financial stability.

Speaking at the Europlace Financial Forum in Tokyo, Ueda zeroed in on how fast-moving technological developments, including AI, could disrupt economic systems and amplify risks.

His comments carried weight, especially with Japan scrambling to reclaim its global tech leadership while tackling its aging, shrinking population.

While Ueda’s prepared remarks

Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin, Lester, on Solana’s Pump.fun. LTC’s post outlined how a group of individuals took the LTC mascot, Lester, created by X meme creator Greg, to popularize the memecoin. 

Due to compelling market conditions, the Litecoin team decided to become a memecoin last week. Litecoin tweeted a simple message informing the crypto community of its decision: ‘ Due to current market conditions, I now identify as

Nvidia just delivered yet another one of the most anticipated earnings reports of the year, and the numbers are wild. Third-quarter revenue hit $35.08 billion — a 94% jump from last year. Net income soared an even crazier 109%, landing at $19.3 billion.

Wall Street’s verdict? “Meh.” Nvidia shares dropped 2.5% in after-hours trading, proving once again that it’s never enough for investors.

The company’s next-gen Blackwell chip is expected to be a hit, with demand projected to outpace supply wel

Archax announced that it was expanding its tokenized RWA offerings to include industry leaders State Street, Fidelity, and LGIM money-market funds. The tokenized funds will be offered through beneficial ownership tokens that Archax will mint and offer. The UK-based digital asset platform hinted that they were likely to expand and include more fund offerings in the near future. 

The FCA-regulated firm said providing digital representations of MMFs was becoming a popular use case for tokenization

Bitcoin, the biggest crypto, on Thursday morning breached past the much anticipated $97,000 level marking a new all-time high. BTC stood just 3% away from hitting the iconic $100K milestone. Optimism about crypto’s future in the United States is fueling the rally.

The cumulative crypto market cap surged by more than 3% in the last 24 hours to stand at $3.17 trillion. Its 24-hour trading volume is running around $190 billion with a 5% jump. This spike comes in as speculation intensifies about Do

Koji Higashi, a prominent entrepreneur in the Japanese BTC crypto arena, has said that while many people in Japan believe Bitcoin is not backed by anything of value, the Japanese yen (JPY) is backed by citizens held hostage to the economy. Higashi’s sentiment strikes the root of a bigger, more controversial issue for Bitcoin fans: the political co-opt of cryptocurrencies. 

Japanese crypto entrepreneur and CEO of the Diamond Hands Lightning Network (LN) solution provider, Koji Higashi, has recen

The U.S. Securities and Exchange Commission (SEC) has extended its review period for Franklin Templeton’s proposed crypto index ETF, pushing the decision to early 2025. 

According to a letter dated Nov. 20, the SEC noted that no public comments were submitted following the proposed rule change’s publication in the Federal Register on Oct. 8, 2024. The original 45-day review period was scheduled to expire on November 22, 2024, after the proposal was published in the Federal Register on October 8

OpenAI has entered a partnership with Common Sense Media to launch a free training course for teachers. The AI chatbot maker expects its new course to improve knowledge about artificial intelligence (AI) use and prompt engineering among educators. 

Earlier this year, OpenAI introduced ChatGPT Edu. At the time, it said the module was specially designed for universities to introduce faculty members, researchers, and students to AI tools responsibly. 

This new course directly focuses on grassroot

Le Chat by Mistral AI announces major updates as ChatGPT-4o and other generative AI tools face serious competition. The company’s free AI work assistant not only helps users with creative tasks, coding, and research, but it has also expanded new features in beta.

After integrating advanced AI capabilities and its recent funding rounds, the parent company of Le Chat is valued at $6 billion from the previous $2 billion last year.

Le Chat features pose serious market competition

Generative AI la

In one of the many controversial cases involving the church and AI, a Switzerland church introduced an AI Jesus to take on confessions from Catholic worshippers.

This comes as AI technology has been touted as a game changer with the ability to optimize operations, despite fears the tech will replace humans in the job market. With all the predictions, no one ever thought that the technology would one day replace Jesus.

AI Jesus empowered with linguistic prowess to interact with everyone

Accord

Ethereum still dominates the stablecoin market, despite hype for minting tokens on other chains. The chain has 52.59% of the stablecoin supply, in addition to the most active usage based on smart contract data. 

The Ethereum chain is still important for stablecoin supply and turnover. Despite the hype for new mints on TRON and Solana, Ethereum’s supply is still not replaceable. The chain carries 52.59% of the total stablecoin supply, with a mix of USDT, USDC, and multiple algorithmic stablecoin

MicroStrategy (MSTR) just knocked it out of the park, becoming the most traded stock in the United States today. With $18.6 billion in trading volume, it’s outshining Tesla (TSLA) and Nvidia (NVDA), two giants that practically own the trading floors.

This hasn’t happened in a while. Why now? Michael Saylor’s Bitcoin obsession is driving investors wild.  MicroStrategy has turned its stock into a Bitcoin proxy, and the market is hooked.

Just this morning, the company announced plans to sell conv

Charles Hoskinson, founder of Cardano, has expressed his support for Coinbase CEO Brian Armstrong to take on the role of Crypto-Czar at the White House. In a detailed post on social media, Hoskinson pointed out that Armstrong has been an influential figure in the cryptocurrency space.

He further added that Armstrong’s ability to withstand the pressure from regulators is the major reason why he is suitable for the position. Hoskinson stressed that the U.S. government requires an impartial and in

Donald Trump’s transition team is deep in talks with industry insiders about setting up a White House position focused entirely on crypto.

If the plan moves forward, this would be the first time the White House creates a job solely for cryptocurrency policy. Sources say Trump’s team is already reviewing candidates for what’s being called a “crypto czar,” though the exact details of the role are still unclear.

The job could involve overseeing crypto regulation across agencies like the Securitie

Solana is showing peak activity, though not only meme tokens are responsible for the increased growth. Stablecoins have been flowing into Solana at peak levels. 

Solana reached a record for daily stablecoin inflows. In the past few weeks, Solana has been increasing its value locked, to over $8.39B, of which around $4.5B are in the form of bridged stablecoins. The supply of stablecoins on Solana increased to levels not seen since the crash of FTX at the end of 2022. The bulk of the growth came f

South Korea’s Democratic Party (KDP) plans to introduce a bill at the Planning and Finance Committee on November 26th to settle on new crypto taxation laws.

The party’s bill proposes to increase the virtual asset tax deduction threshold to 50 million won, roughly $36000, targeting “big industry players.”

South Korea’s Democratic Party believes the amendments will mostly affect large crypto holders

On November 26th, the Korea Democratic Party plans to advance its proposed tax amendment, raisin

A new AI-related scam has surfaced featuring thousands of AI-generated influencers who have flooded social sites like Instagram using stolen images of real people.

The scam includes stealing videos from real models and adult content creators, giving them AI-generated faces, and monetizing their bodies with links to dating sites for instance Patreon, OnlyFans competitions, and various AI apps.

AI-generated influencers compete with humans on Instagram

In April, 404 Media first reported this pra