Legal
Adoption
Robinhood Q3 earnings report reveals plans to launch crypto services in EU
Robinhood is eyeing the European crypto market, gearing up to launch EU cryptocurrency trading as part of its strategic vision.
Technology
Binance unveils self-custody web3 wallet
The non-custodial wallet will be available to customers through an interface within the Binance app.
AI
IBM invests $500M into AI venture fund
The IBM Enterprise AI Venture Fund will direct investments to a variety of startups focused on hastening generative AI technology.
Enterprise
Ava Labs lays off 12% of staff to reallocate resources
Ava Labs' founder Emin Gün Sirer said the decision would allow the firm to "double down" on growing the firm and its Avalanche blockchain ecosystem.
AI
Xbox partners with Inworld AI to build AI tools for game developers
Microsoft's aggressive AI investments show little signs of slowing as it unveils an initiative to bring the tech to its flagship game console.
Legal
Federal Reserve issues cease and desist letter to Bitcoin Magazine alleging IP infringement
The Federal Reserve Bank of Chicago requested the magazine stop using the standalone term "FEDNOW" on its merchandise, alleging trademark infringment.
Earnings
Coinbase Q3 revenue falls 5% to $674 million, but still beats expectations
Coinbase reported a strong balance sheet ending Q3 with over $5.5 billion in cash, cash equivalents, USDC and custodial account overfunding.
AI
AI gives the world one more Beatles song
"Now and Then," which John Lennon wrote and recorded as a low-grade demo in 1978, has been brought to life as a fully-fledged Beatles record thanks to AI technology.
Legal
Court dismisses Coin Center’s Tornado Cash lawsuit against US Treasury
The virtual currency mixer was sanctioned by the Treasury in 2022 as a widely-used money laundering protocol for North Korean interests.
AI
Dune Analytics enables natural language queries with DuneAI
Dune Analytics, one of web3's leading data analysis platforms, has launched a new era of user-friendliness with DuneAI, Dune Data Hub, and Dune Alert
Legal
‘He spent his customers’ money and he lied about it’: Prosecutors present closing arguments against Sam Bankman-Fried
"This is not about complicated issues of cryptocurrency," the government told the jury. "It's about lies and stealing and greed."
AI
Microsoft, Siemens announce AI copilot for industrial automation
Microsoft announced the two companies 'will work together to build additional copilots for manufacturing, infrastructure, transportation, and healthcare industries.'