The Distributed
@TheDistributed_
The future of money and the internet. For investors, by investors.
📍🇺🇸 Grayscale wins case against SEC over spot #Bitcoin ETF.
Google Cloud today announced the general availability of its new A3 instances, powered by NVIDIA $NVDA H100 Tensor Core GPUs. Their Transformer Engine is purpose-built to accelerate LLMs, allowing for unprecedented performance in various #AI applications.
#Bitcoin-Friendly and #CBDC-hating residential candidate Francis Suarez has dropped out of the race.
The SEC has filed a sealed motion against #Binance, following various existing charges against the exchange.
DeepMind partners with Google Cloud to watermark AI-generated images.
Coinbase $COIN is facing a lawsuit from the SEC regarding selling unregistered securities. #Crypto lawyer John E. Deaton believes Coinbase customers can make a difference by voicing objections to the SEC.
📍🇺🇸 X (Formerly Twitter) obtains the license required for #crypto payments and trading.
Shiba Inu’s Shibarium Bridge Goes Fully Functional After A Shaky Start thedistributed.co/shiba-inus-shi…
Federal Reserve Sets Guidelines for Banks' Use of #Stablecoins. According to an agency press release, the Fed released guidelines for state member banks to first get a written supervisory nonobjection from the Fed before issuing, holding, or transacting in dollar tokens.
Ark Invest Research Associate David Puell pointed out that #Bitcoin adoption in Argentina outperforms El Salvador.
Indian Oil and Gas Minister Hardeep Singh Puri stated that he “[wishes] the Indian rupee should be the lead currency in the world. But I’m also a realist." This follows India's ditch of the US Dollar following a deal with fellow BRICS member, United Arab Emirates.
Digital Currency Group and #Genesis creditors have reached a deal in principle to resolve the Genesis Chapter 11 claims, per a Tuesday court filing. Recoveries could be upwards of 90%.
JP Morgan $JPM shares its optimism for the crypto market as long position liquidations are "largely behind us", those of which contributed to the market's downward trend.
📍🇺🇸 The United States Air Force shared with the New York Times its efforts to build a new generation of autonomous combat planes that rely on artificial intelligence.
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