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Weekly Digest
The Weekly Digest covers enterprise, finance & investments, health and medicine, international politics, music, and chatbot technology. We explore industries like auto, food service, and crypto and keep current on the latest in AI & business.
Weekly selection
Bitcoin Traders Target $100k as Price Rebounds
Bitcoin's price jumped 12% to $63,470 following positive economic updates and Fed's rate hike pause, sparking trader speculation about it potential...
2 min. read . 0 likes
South Korea Excludes Digital Currencies from Donation Legislation
South Korea's updated "Donations Act" excludes cryptocurrencies like Bitcoin from approved donation methods, impacting charities despite adding opt...
1 min. read . 0 likes
Less Than 10% of Stablecoin Transactions from Real Users
A report reveals that less than 10% of stablecoin transactions involve real users, questioning the prevalent use and impact of these cryptocurrenci...
2 min. read . 2 likes
FriendTech's Native Token Plummets After Airdrop
FriendTech's native token crashed from $169 to $2.5 after its airdrop, shocking the crypto community and raising doubts about its market viability....
2 min. read . 0 likes
Chinese Startups Surpasses $1 Billion Valuations, Competes With OpenAI in AI Race
Four Chinese AI startups have reached unicorn status with valuations over $1 billion, intensifying competition against OpenAI, especially as ChatGP...
1 min. read . 0 likes
Latest News
Sneha Ghodvaidya
. May. 08, 2024.FTX Creditors to Receive 118% of Funds Back in Cash, Estate Reveals
The estate managing the FTX collapse has announced plans potentially returning 118% of funds to creditors in cash, providing significant relief to those impacted by the crypto exchange's downfall.
2 min. read . 0 likes
Raccoonknits s
. May. 08, 2024.Vitalik Buterin's Proposal Aims to Enhance Ethereum's Account Abstraction
Ethereum may soon receive a major upgrade with EIP-7702, proposed by co-founder Vitalik Buterin, aimed at refining "account abstraction" on the blockchain platform.
1 min. read . 0 likes
Sneha Ghodvaidya
. May. 07, 2024.Grayscale Bitcoin Trust Sees Inflow Again After Months of Outflows
Grayscale's Bitcoin Trust ended a four-month period of heavy outflows, reversing a trend that saw daily withdrawals average $218 million, totaling over $17.5 billion from its ETF.
2 min. read . 0 likes
Raccoonknits s
. May. 07, 2024.Bitcoin Traders Target $100k as Price Rebounds
Bitcoin's price jumped 12% to $63,470 following positive economic updates and Fed's rate hike pause, sparking trader speculation about it potentially reaching $100,000 this year.
2 min. read . 0 likes
Raccoonknits s
. May. 06, 2024.South Korea Excludes Digital Currencies from Donation Legislation
South Korea's updated "Donations Act" excludes cryptocurrencies like Bitcoin from approved donation methods, impacting charities despite adding options like gift vouchers and stocks starting July, reports Kyunghyang Shinmun.
1 min. read . 0 likes
Sneha Ghodvaidya
. May. 06, 2024.Less Than 10% of Stablecoin Transactions from Real Users
A report reveals that less than 10% of stablecoin transactions involve real users, questioning the prevalent use and impact of these cryptocurrencies pegged to stable assets like the US dollar.
2 min. read . 2 likes
Sneha Ghodvaidya
. May. 03, 2024.FriendTech's Native Token Plummets After Airdrop
FriendTech's native token crashed from $169 to $2.5 after its airdrop, shocking the crypto community and raising doubts about its market viability.
2 min. read . 0 likes
Raccoonknits s
. May. 03, 2024.Chinese Startups Surpasses $1 Billion Valuations, Competes With OpenAI in AI Race
Four Chinese AI startups have reached unicorn status with valuations over $1 billion, intensifying competition against OpenAI, especially as ChatGPT is unavailable in China.
1 min. read . 0 likes
Raccoonknits s
. May. 03, 2024.Roger Ver's Arrest on Tax Evasion Charges Sparks Controversy Within Crypto Community
Roger Ver, early Bitcoin investor, was arrested in Spain for allegedly evading $48 million in taxes from 2017 crypto sales, sparking diverse reactions in the cryptocurrency community.
2 min. read . 0 likes
Sneha Ghodvaidya
. May. 01, 2024.How CZ's Reputation Led to a 4-Month Prison Sentence
Binance CEO Changpeng Zhao, known as CZ, faces a 4-month prison sentence, challenging his reputation for transparency and compliance in the cryptocurrency industry.
2 min. read . 1 likes
Discover
Less Than 10% of Stablecoin Transactions from Real Users
A report reveals that less than 10% of stablecoin transactions involve real users, questioning the prevalent use and impact of these cryptocurrenci...
2 min. read . 2 likes
How CZ's Reputation Led to a 4-Month Prison Sentence
Binance CEO Changpeng Zhao, known as CZ, faces a 4-month prison sentence, challenging his reputation for transparency and compliance in the cryptoc...
2 min. read . 1 likes
Understanding the Implications of Proposed Stablecoin Regulation
Representative Maxine Waters leads key discussions on U.S. stablecoin regulation, garnering significant attention from the cryptocurrency community...
1 min. read . 1 likes
Famed 'Buy Bitcoin' Sign Auctioned for Over $1 Million in Cryptocurrency-Themed Event
The 'Buy Bitcoin' sign shown behind Janet Yellen in 2017 sold for 16 BTC, over $1 million, setting a record for the auction house Scarce.City.
1 min. read . 3 likes
Dollar Dynamics Stirring Bitcoin Markets Amidst Bullish and Bearish Projections
Crypto traders monitor the U.S. dollar, predicting its weakening could boost Bitcoin's rally. Despite optimism, some predict dollar strength, creat...
2 min. read . 2 likes
Lewis Farrell
Apr. 01, 2024Theo the Robot: The Tulip Farmer's High-Tech Helper
2 min. read . 4 likes
Lewis Farrell
Mar. 28, 2024Revolutionizing Fertility: AI Steps into IVF Clinics
2 min. read . 2 likes