AI
Universal Music Group sues Anthropic for IP infringement
UMG alleged that Anthropic's AI could output "original" music and lyrics that were almost direct copies of protected songs.
Mike Dalton 2 min read
North America News
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Regulation
U.S. Treasury targets crypto mixer transactions as new class of ‘primary money laundering concern’
The Treasury's Financial Crimes Enforcement Network (FinCEN) announced the proposed change on Oct. 19, citing actors such as Hamas, ISIS, and the DPRK as frequent abusers of coin mixers.
ETF
Canadian asset manager 3iQ will begin staking the ETH in its Ethereum ETFs
3iQ will use Coinbase Custody's institutional staking infrastructure to stake part of the Ethereum held for its funds for rewards.
Latest North America Crypto News & Analysis
Legal
Gemini claims ‘victim’ status in NYAG’s billion-dollar lawsuit
Gemini said the lawsuit validates its claim that Genesis and its parent company, Digital Currency Group, conspired defraud creditors.
Investments
What Grayscale’s S-3 registration means for its spot Bitcoin ETF prospects
Grayscale has worked for years to gain SEC approval for a U.S. spot Bitcoin ETF. It may finally be on the cusp of victory.
ETF
BlackRock spot bitcoin ETF approval could catapult BTC to $56,000 – Matrixport
A more conservative estimate by Matrixport projects that the top cryptocurrency's value could rise to $42,000.
AI
NVIDIA steps up self-driving with Foxconn partnership to put NVIDIA DRIVE in cars
Nvidia and Foxconn ramp up efforts to shape the future of smart, self-driving electric vehicles.
Politics
Lawmakers urge Biden administration to crack down on use of crypto by Hamas
In a joint letter sent to top U.S. officials, the lawmakers forcefully called on the Biden administration to take prompt action to confront this looming national security threat.
Legal
SBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer funds
The main witnesses for the day were Professor Peter Easton, an esteemed accounting expert from the University of Notre Dame, FBI accountant Paige Owens, and a former FTX employee, Eliora Katz.
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Earnings
Tesla maintains Bitcoin holdings while directing resources toward AI
ETF
Gensler takes questions on spot Bitcoin ETFs, but keeps cards close to chest
Legal
U.S. Treasury sanctions Gaza-based crypto broker alleged to have facilitated $25M in transactions since 2015
Investments