AI
OpenAI unveils GPT-4 Turbo, custom GPTs, and more at OpenAI DevDay
The upgrades will bring GPT-4's knowledge base up to 2023, increase input capacity, and enable custom tools for users.
Mike Dalton 2 min read
North America Crypto News
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Crypto
Elon Musk denies that X, Tesla, or SpaceX will ever issue crypto tokens
While some of his various firms have leaned into making use of existing cryptocurrencies, the billionaire said not to expect native tokens from any of them.
Regulation
SEC Commissioner pushes agency to impose stronger preventative measures on crypto industry
SEC Commissioner Mark Uyeda believes the SEC has not moved aggressively enough to prevent crypto fraud and criticized its piecemeal, after-the-fact approach.
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Investments
Crypto product inflows in 2023 surpass last year’s total by over $30 million
Crypto investment products have seen its sixth consecutive week of inflow of $261 million.
Bankruptcy
Bankrupt FTX wants to liquidate $744 million in assets from Grayscale and Bitwise
The exchange explained that the sales were necessary to mitigate against price swings.
Legal
Crypto lawyer John Deaton believes Ripple has 90% chance of winning SEC lawsuit
Deaton said that a settlement of $20 million or less would represent a significant legal triumph for Ripple.
Legal
SBF will likely serve 25 years rather than max sentence, former DOJ prosecutor says
Former FTX CEO Sam Bankman-Fried will finally be sentenced in March 2024.
Legal
Supreme Court to resolve Coinbase arbitration dispute with users in Dogecoin sweepstakes lawsuit
The Supreme Court will determine whether Coinbase has the right to move the dispute with its users into arbitration or not.
ETF
Valkyrie CIO anticipates spot Bitcoin ETF approval as early as the end of November
Bitwise's chief investment officer, meanwhile, predicted $50 billion in inflows once approval is granted.
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Banking
Multiple deposit delays across US banks linked to ACH system error
Regulation
US Treasury sanctions Russian national for helping oligarchs evade sanctions with crypto, cash, and real estate
Legal
Newly-released audio of Sam Bankman-Fried reflecting on life in prison emerges on social media
Bankruptcy
