Human-level AI could be here as early as 2026: Anthropic CEO
Advances in artificial intelligence to “human levels” could arrive as soon as 2026, according to Anthropic CEO Dario Amodei.
Speaking to podcaster Lex Fridman this week, Anthropic CEO Dario Amodei compared the recent advances in artificial general intelligence (AGI) to different levels of education.
“We’re starting to get to PhD level, and last year we were at the undergraduate level, and the year before, the level of a high school student,” he said before predicting that AI could exceed huma
Phantom issues emergency patch after update knocks users from iOS wallet app
Crypto wallet provider Phantom has issued an emergency update for iOS users after reports that some users have had their app reset, locking them out of their wallets unless they remembered their recovery phase.
“We’re aware that a small number of iOS users are experiencing app resets,” Phantom stated on X on Nov. 14 before advising those affected to restore their wallets using recovery phrases.
The team behind the Solana-based DeFi wallet added that they’ve pushed a new iOS app update to pre
Crypto influencer found dead in Montreal park months after abduction
The body of Kevin Mirshahi, a crypto influencer who was abducted from a condo in June, has been found at a park in Montreal, Canada, local reports state.
Mirshahi’s decomposing remains were discovered by a passerby at the Île-de-la-Visitation park on Oct. 30, local police told The Gazette, a Montreal news outlet.
An autopsy confirmed the body’s identity as Mirshahi, The Gazette said in the Nov. 13 report.
The 25-year-old was last seen on June 21 when he and three others were abducted from a c
How everyone in Ethereum will migrate to smart accounts: Safe co-founder
An Ethereum Improvement Proposal known as EIP-7702 could accelerate the adoption of smart accounts by making it easier for existing users to upgrade their wallets, according to Safe co-founder Lukas Schor.
“EIP-7702 will be the tipping point for account abstraction,” Schor said at the Ethereum Devcon 2024 event in Bangkok, Thailand, on Nov. 13.
Speaking to Cointelegraph, he said that despite predictions, the widespread adoption of account abstraction or smart accounts hasn’t happened yet, main
OP_CAT could go live on Bitcoin within 12 months: Eli Ben Sasson
StarkWare CEO Eli Ben Sasson says he expects OP_CAT — a major upgrade to the Bitcoin network — to go live sometime within the next 12 months.
Speaking to Cointelegraph at Devcon 2024 in Thailand, Ben-Sasson says the introduction of OP_CAT will enable a suite of new functionality on Bitcoin, including “covenants, ZK-rollups and layer 2 networks.”
Notably, the introduction of OP_CAT will see Starknet become the first layer-2 network to settle natively on both Bitcoin and Ethereum.
FBI raids home of Polymarket CEO Shayne Coplan: Report
The United States Federal Bureau of Investigation (FBI) has reportedly raided the home of Polymarket CEO Shayne Coplan on Nov. 13, seizing his phone and electronics, according to the New York Post.
Coplan was woken up at 6:00 am Eastern Time in his New York City pad by US law enforcement officials who demanded he hand over his phone and electronics, the news outlet reported, citing a source close to the matter.
The CEO of the decentralized prediction markets platform appeared to confirm the re
How a new SEC chair can boost Ether price and ETF inflows
With the landslide victory of President-elect Donald Trump, it would appear that the days are numbered for Gary Gensler, chair of the United States Securities and Exchange Commission (SEC).
Market and political observers anticipate that Trump will anoint a new head of the commission, a shift that could enable spot ETH ETFs to offer staking rewards and subsequently raise Ether (ETH) price.
Trump has made a lot of big promises to the US crypto industry. One of which was to fire Gensler “on day o
Cantor-Fitzgerald CEO Howard Lutnick Vying for Treasury Secretary post
President-Elect Donald Trump is selecting cabinet members for his upcoming administration in 2025, and the role of Treasury Secretary is now reportedly contested between Scott Bessent and Cantor Fitzgerald CEO Howard Lutnick.
According to Fox Business reporter Eleanor Terrett, Bessent was "All but certain" to secure the position as recently as Tuesday, November 13. The pro-crypto asset manager was the most likely pick for United States Treasury Secretary alongside hedge fund manager John Paulso
Hitting and holding $100K Bitcoin price depends on $11.8B end-of-year BTC options expiry
Bitcoin’s (BTC) market is preparing for the year-end $11.8 billion options expiry, set for Dec. 27 at 8:00 am UTC. Recent data reveals a strong advantage for call (buy) options, though bears could significantly limit their losses by keeping Bitcoin’s price below $75,000.
Aggregate Bitcoin options open interest for Dec. 27. Source: Laevitas.ch
As of now, the total open interest for call options is $7.9 billion, while put (sell) options lag at $3.92 billion—underscored by Bitcoin’s 29% rise sinc
Crypto firms push for SEC changes, crypto out of courts
With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies.
Ripple, one of the crypto companies engaged in battle courts with United States regulators, expects the new White House administration to remove digital assets’ policy from the courts, hoping for changes within government agencies:
“The SEC is a bureaucracy, but policy is people, and people is policy. So hopefully, if you change some of the
Arca, Blocktower to merge into unified crypto platform
Arca and BlockTower Capital agreed to merge into a unified cryptocurrency investment platform, according to a Nov. 13 announcement.
“Investors have been clamoring for regulated digital assets investment offerings for years,” Rayne Steinberg, Arca’s CEO said in a statement.
The merger will help ensure the firms possess “the resources and expertise to effectively manage our current product offerings and broaden our investment options,” Steinberg added.
Fireblocks partners with South Korean bank on VAT tokenization
Digital assets platform Fireblocks has signed a Memorandum of Understanding (MoU) with NongHyup Bank, a large South Korean bank specializing in commercial credit and banking services for the agricultural sector. They hope to launch a prototype for tax refunds.
Innovative tokenization of taxes
Fireblocks and NongHyup Bank will use the Fireblocks Tokenization Engine in a pilot project to refund value-added tax (VAT) and goods and services tax (GST) on purchases at retail outlets. Fireblocks co-f
US gov’t points to Gary Wang’s 'outstanding cooperation’ in FTX case
FTX co-founder Gary Wang, scheduled to be sentenced for his role in the criminal misuse of funds at the defunct cryptocurrency exchange, could receive time served after a sentencing memo filed by the United States government.
In a Nov. 13 filing in the US District Court for the Southern District of New York, prosecutors penned a sentencing memo to highlight Wang’s “substantial assistance in the investigation of wrongdoing at FTX, the prosecution and trial of Bankman-Fried, and in other matters.
Bitcoin strategic reserve unlikely under Trump — Mike Novogratz
Mike Novogratz, the founder of crypto investment and research firm Galaxy Digital, believes there is a "Low probability" that President-Elect Trump will establish a Bitcoin (BTC) strategic reserve during his term.
In an interview with Bloomberg TV, the Galaxy Digital CEO explained that he expects a clash between the different branches of government to obstruct the process. Novogratz also argued that the US dollar does not need another asset to maintain its dominance as the global reserve curren
Coinbase has bought Utopia Labs in a bid to build out the cryptocurrency exchange’s on-chain payments infrastructure, Coinbase said on Nov. 13.
Utopia Labs’ team will join Base, Coinbase’s layer 2 scaling network, “to help accelerate our onchain payments roadmap within Coinbase Wallet,” Coinbase said in a blog post.
“There’s a natural flywheel here: Base is supporting developers who build onchain apps, those apps attract users onchain, Wallet onboards those users, and in turn more users incent
Sen. Warren to be top Democrat on committee crucial for crypto policy
Massachusetts Senator Elizabeth Warren, who won reelection in a race against Republican John Deaton, will be the leading Democratic lawmaker in the United States Senate Banking, Housing, and Urban Affairs Committee starting in 2025.
In a Nov. 13 notice from Sen. Warren’s office, the Massachusetts Senator said she would be in the ranking member position against the Republican majority on the Senate Banking Committee, replacing Ohio Senator Sherrod Brown, who lost his race on Nov. 5. Senators War
Asset manager Blackrock will be launching its tokenized money fund on nearly half a dozen additional blockchain networks, according to a Nov. 13 announcement.
The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) will expand to Aptos, Arbitrum, Avalanche (AVAX), Optimism, and Polygon, Blackrock said. It was initially launched on the Ethereum (ETH) network.
Tokenized by Securitize, BUIDL is a money market fund and invests primarily in short-dated United States Treasury bills (T-Bills)
In this week’s newsletter, whales have driven a comeback for non-fungible tokens (NFTs) in the BNB Chain ecosystem, Lamborghini opened minting for its Revuelto NFTs, Infinex plans to integrate with OpenSea and Blur to list the top 500 crypto assets, and in other news, find out why OpenSea users dropped their lawsuit against the NFT marketplace.
Whales drive NFT comeback on BNB Chain in Q3: Messari
While the average daily buyers of NFTs on BNB Chain declined, whales continued to buy, sell and
Bitcoin’s record highs push big banks’ profits to billions — Report
Wall Street banks are sitting on post-election gains worth $1.4 billion as Bitcoin prices soared, according to estimates from Forbes.
Big banks reportedly piled into Bitcoin (BTC) futures contracts in the weeks before the presidential election, amassing a total of 10,564 new contracts, equal to 52,820 BTC. The analysis is based on data from the Commodity Futures Exchange Commission (CFTC) released on Nov. 5.
Bitcoin futures contracts are financial derivatives products that allow traders to sp
Bitcoin price metrics forecast rally to $100K and above — Here's why
Bitcoin (BTC) surged by 16% from Nov. 11 to Nov. 13, surpassing the $93,000 mark for the first time. Despite this record high, some traders believe the bullish momentum could weaken as sellers, including certain Bitcoin miners, start to take profits.
Julio Moreno, head of research at CryptoQuant, noted that some Bitcoin miners began taking profits on Nov. 12, although this activity remained within normal levels. The trend became apparent upon examining exclusive entities holding 100 BTC or mor