Cryptocurrency and Blockchain News Roundup 🚀 (Feb 4, 2024):

FTX:

• Struggling crypto exchange seeks to sell its 8% stake in AI startup Anthropic for around $1.4 billion, raising questions about the origin of the funds used for the investment.

• FTX's scrapped relaunch plan highlights concerns about potential conflicts of interest within its legal team.

Regulation and Legal Issues:

• The EU approves the AI Act, setting new regulations for artificial intelligence development and deployment.

• Congress challenges the SEC's repeal of a rule governing crypto custody, raising questions about regulatory clarity.

• DOJ investigates potential environmental violations by a crypto mining operation in California.

• Trump expresses concerns about the dangers of artificial intelligence.

Market Analysis 💻:

• Analysts debate whether Bitcoin $BTC is likely to revisit its all-time high in 2024.

• Price analysis for major cryptocurrencies like Bitcoin, Ethereum $ETH , and others.

Other News :

• Bankrupt crypto lender Genesis seeks court approval to sell its GBTC shares representing Bitcoin and Ethereum Classic $ETC $.

• Nigerian analysts refute claims that crypto played a role in the recent shutdown of capital controls.

• Super Bowl LVIII features several cryptocurrency commercials, highlighting mainstream adoption.

• Fusionchain acquires Qredo and launches a new custody service.

• Report warns of potential job losses in the entertainment industry due to advancements in AI.