Category: ICO

Our statement on changes to LinkedIn AI data policy

Stephen Almond, Executive Director Regulatory Risk, said: “We are pleased that LinkedIn has reflected on the concerns we raised about its approach to training generative AI models with information relating to its UK users. We welcome LinkedIn’s confirmation that it has suspended such model training pending further engagement with the ICO. “In order to get the most out of generative AI and the opportunities it brings, it is crucial that the public can trust that their privacy rights will be respected from the outset. “We will continue to monitor major…

Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon

In the past five days, bitcoin (BTC) has surged 7%, breaking through $64,000 for the first time since Aug. 26. Gold, for its part, has reached all-time highs on over 30 occasions this year, topping $2,600 an ounce. These remarkable performances mark the first time since bitcoin’s inception in 2009 that both are the top-performing assets of the year, according to Charlie Bilello, the chief market strategist at Creative Planning, an investment management and financial planning firm. Source

Cat-Themed Memecoins Emerge as Preferred Risk On Bets With 40% Surge in a Week

“Memecoins are experiencing a surge largely due to the anticipation of increased liquidity following the Federal Reserve’s recent 0.5% interest rate cut,” Alex Andryunin, founder of Gotbit Hedge Fund, known for backing memecoinds, said in a message to CoinDesk. “Market expectations for lower rates have converged, and with the prospect of more liquidity entering the financial system, investors are adopting a bullish sentiment.” Source

Ether (ETH) Is Going to Shine Again, Steno Research Says

There have been three main reasons for bitcoin’s recent outperformance over ether. “The impact of U.S. spot ETFs for both bitcoin and ether, the persistent buying pressure from MicroStrategy (MSTR), and a notable decline in Ethereum’s transactional revenue in recent months,” analyst Mads Eberhardt wrote. Source

Crypto Exchange BingX Lost ‘Minor’ Assets in Hack, Onchain Data Shows $43M Drained

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…