- Spark Newswire

2 minute read

Is It All About AI Now For Elon Musk?

Today, 7:36 PM

It's no secret that ChatGPT is the talk of the town. Its technology has opened up countless doors and possibilities for the world of business, finance and education, with artificial intelligence being a technology that impacts absolutely everything.

$DOGE

1 minute read

Ferrari Flees Crypto Crash With Terminated Velas Sponsorship

By Jose Rodrigo Safdiye

Today, 7:36 PM

Ferrari NV (NYSE: RACE) has ended its sponsorship deal with Swiss blockchain company Velas, according to a statement from the team.

RACE

2 minute read

Genesis Billionaire-Backed Crypto Lender Axes 30% Of Jobs Months After Laying Off 20% Of Staff

By Jose Rodrigo Safdiye

Today, 7:36 PM

As the crypto lending industry faces increasing financial pressure, Genesis Trading, a subsidiary of Digital Currency Group (DCG), announced a 30% reduction in its workforce, as reported by CNBC.

BTC

2 minute read

Three US Senators Urge Fidelity Investments To End BTC Exposure On Retirement Plans

By Jose Rodrigo Safdiye

Today, 7:36 PM

Three senators contacted Fidelity Investments CEO Abigail Johnson to ask her to please reconsider the addition of Bitcoin (CRYPTO: BTC) exposure to retirement plans.

BTC

2 minute read

Cardano Will Launch USDA — Its U.S. Dollar-Backed, Regulated Stablecoin — In Early 2023

By Jose Rodrigo Safdiye

Today, 7:36 PM

Emurgo, the official commercial arm and founding entity of the Cardano (CRYPTO: ADA), recently announced the launching of the first fully fiat, regulatory compliance stablecoin in the Cardano ecosystem.

$ADA

2 minute read

Russian Miners May Be Able To Sell Crypto As New Mining Bill Reaches State Duma

By Jose Rodrigo Safdiye

Today, 7:36 PM

Legislation regulating crypto mining and sale in Russia has been filed in the State Duma. By Jan. 1, 2023, crypto miners would be able to trade mined digital money on overseas platforms and in Russia under the legislation on experimental digital regimes that have been published on the website of parliament.

BTC

2 minute read

‘We Had The Majority Of The Assets On FTX’: Ikigai Hedge Fund CIO Shares It Is Among FTX’s Victims

By Jose Rodrigo Safdiye

Today, 7:36 PM

In a series of tweets, Ikigai Asset Management CIO Travis Kling reported his hedge fund was directly affected by the financial disaster of FTX that shocked the entire crypto community. And, there is no one better to tell us what happened than Kling himself, via the Twitter thread below.

BTC

2 minute read

‘Fiat, Debt, Bitcoin, Merit’ Jimmy Song Sings Praise Of Apex Crypto At LaBitConf 2022: Interview

By Jose Rodrigo Safdiye

Today, 7:36 PM

The 10th annual Latin American Bitcoin & Blockchain Conference (LaBitConf) 2022, on Nov. 11 and Nov. 12 in Buenos Aires, Argentina, offers a bright light of optimism amid a harsh crypto winter.

$FTT

2 minute read

‘That’s What Ended Up Breaking It’: Vitalik Buterin Tells Benzinga What Broke FTX, Why Solana, Ethereum Didn’t Fail

By Jose Rodrigo Safdiye

Today, 7:36 PM

Ethereum co-founder Vitalik Buterin took a dig at FTX chief Sam Bankman-Fried over his donations to political leaders and said donating large amounts to politicians is what ended up breaking the cryptocurrency exchange.

ETH

1 minute read

Huge Bullish Momentum Pushes Bitcoin Above 20k

By Jose Rodrigo Safdiye

Today, 7:36 PM

Bitcoin's (CRYPTO: BTC) price has increased 3.4% over the past hour to $20,171. Over the past week, BTC has experienced an uptick of over 6.0%, moving from $18,783.83 to its current price. As it stands right now, the coin's all-time high is $69,045.

BTC