The company behind Arc, The Browser Company, announced a new web browser Dia with a focus on AI tools. The launch is expected in early 2025.

"Artificial intelligence will not exist as an application. Or a button. We believe that this is a completely new environment built on top of the web browser," says the website of the new product.

The traditional signal for the start of the altcoin season in the form of capital outflow from Bitcoin to other cryptocurrencies is no longer relevant. This conclusion was reached by the founder and CEO of CryptoQuant, Ki Yun Joo.

According to him, trading volumes against fiat and stablecoins, rather than against digital gold, are crucial for the segment. The liquidity of the latter better reflects market growth.

From November 24 to 30, $270 million flowed into cryptocurrency investment funds. The positive trend continued for the eighth consecutive week, but significantly weakened compared to the previous reporting period, according to CoinShares.

The inflow since the beginning of the year amounted to a record $37.3 billion.

In the last week, investors withdrew $457 million from instruments based on the first cryptocurrency, breaking a streak of inflows.

The Web3 protocol WalletConnect, which allows connecting wallets like MetaMask to dapps, has launched the first season of the airdrop. During this, the project will distribute 50 million WCT tokens in the L2 network Optimism.

A total of 185 million WCT is allocated for distributions out of a total emission of 1 billion.

From the first tranche, 30 million coins are designated for users, and 20 million are reserved to reward the first participants of the protocol, including node operators, wallet providers, application developers, and contributors on GitHub.

Former Binance CEO Changpeng Zhao (CZ) called for the development of AI-based products using blockchain technology. In his opinion, both directions are well-suited to work together.

«AI labels (or AI data in general) are well suited for on-chain work. Use cheap labor worldwide without geographical constraints, pay them in cryptocurrency instantly. Greenfield on the BNB Chain provides storage capacity for data. More tools need to be created. Let's build,» he wrote.

The U.S. Fifth Circuit Court of Appeals ruled that OFAC overstepped its authority in imposing sanctions against the cryptocurrency mixer Tornado Cash. This was reported by The Block.

The previous district court decision has been overturned.

'Immutable smart contracts of Tornado Cash (lines of code that ensure privacy) are not 'property' of a foreign citizen or organization, which means they cannot be blocked under IEEPA and that OFAC exceeded its powers defined by Congress,' the judges stated.

In October, the turnover of DEX on Solana amounted to $52.9 billion. In November, the metric exceeded this value by 107.6%.

The previous monthly record dates back to March 2023 ($59.8 billion). Both then and now, such high levels are driven by the hype around meme coins.

In November, monthly revenues of Pump.fun reached a record $75.4 million.

Over the course of 30 days, the trading bot earned ~27,000 SOL ($6.8 million) from sniper trades with several meme coins on the Pump.fun platform. Analysts at Lookonchain took note of this.

Two days ago, the bot spent 1.75 SOL to buy 57 million FATHA and after the price of the coin rose, sold it for 4456 SOL ($1.12 million). The profit amounted to 2227%.

Google experts have unveiled a technology that, using artificial intelligence, can make quantum computing practical in real life. This is stated in an article in Nature.

In the presented work, DeepMind researchers explained that their new AI system AlphaQubit has been successful in correcting persistent errors that have long plagued quantum computers.

Satoshi Nakamoto does not use very old wallets and coins to avoid unwanted attention. He has been cashing out anonymously mined funds since 2010. This hypothesis was voiced on the BTCparser project website.

"My theory focuses on the money, not the personalities, and this leads me to think that the mysterious megacat of 2010 could be Satoshi himself or a member of [his] Satoshi organization," the author noted.

Health Canada has approved the start of clinical trials of Neuralink neurochips. Recruitment of volunteers is open, Elon Musk's company reported.

One of Canada's largest research and medical centres, University Health Network (UHN), said its Toronto Western Hospital will be the first outside the US to implant a wireless brain-computer interface (BCI) from Neuralink.

Russian Finance Minister Anton Siluanov is interested in acquiring cryptocurrencies, but has not yet taken any steps to do so. The official said this in an interview with the Rossiya-24 TV channel.

“I’m interested, but I don’t have a crypto wallet,” he said.

Siluanov previously noted volatility as the main risk of using cryptocurrencies as a means of saving. However, he highly praised their capabilities for payments.

On November 21, Bitcoin quotes exceeded $97,800 (Binance exchange), setting a new ATH. Over the past day, the asset grew by 5.1%, according to CoinGecko.
At the time of writing, the first cryptocurrency is trading above $97,100.
In the top ten assets by market capitalization, there is no significant growth observed. The greatest positivity is shown by XRP — +2.1%.

A wallet that had been dormant for 14 years moved 2,000 BTC worth over $180 million to a new address. This was noticed by analysts at Lookonchain.

According to experts, the user earned these coins through mining back in 2010. He had been HODLing them all this time.

According to CoinDesk, the wallet received the assets when Bitcoin was trading at $0.06. Thus, the user managed to turn $120 into $180 million in 14 years.

On Friday, November 15, the Russian government approved amendments to the mining bill regulating the taxation of cryptocurrency. Digital currencies were recognized as property for tax purposes.

Income in the form of cryptocurrencies obtained as a result of mining will be taken into account at the market value at the time of their receipt. However, they can be reduced by the costs incurred during the mining process.

By 2030, the first cryptocurrency will reach $650,000 in the base case and the range of $1 million to $1.5 million in the bull case. This opinion was expressed by ARK Invest CEO Cathie Wood in an interview with CNBC.

"We're getting regulatory relief. I think that's one of the most important things from this [US presidential] administration. We're getting regulatory relief on all kinds of innovation," she explained.

In its paper, “The Impact of Artificial Intelligence on Financial Stability,” the FSB outlined the benefits and risks of AI, calling for tighter oversight of the technology.

The international organization analyzed the consequences of using neural networks in the global financial sector and ways to reduce potential risks. Among the advantages are:

Traditional financial institutions will be the main growth driver for the asset tokenization market, Bitfinex Securities COO Jesse Knutson told Cointelegraph.

"[Right now] it's the more nimble institutions that can move quickly, like family offices. I think they're going to have a huge impact in these early days. But ultimately the benefits of tokenization will attract traditional institutional investors," the expert said.

US Senator Cynthia Lummis has introduced the Bitcoin Act of 2024 to a vote in Congress, which would create a strategic reserve for the country's first cryptocurrency.

“[It is proposed] to establish a Bitcoin Strategic Reserve and other programs to ensure transparent management of the Federal Government’s Bitcoin assets, offset costs through the use of certain Federal Reserve System (FRS) resources, and for other purposes,” the document says.

If the US creates a strategic reserve in bitcoin, its price will reach $500,000. This is what the head of Galaxy Digital Mike Novogratz believes.

"If we get a reserve of bitcoin, as someone who owns a lot of it, I'm not going to cry. I think bitcoin is headed to $500,000," the investor said on Bloomberg Television.