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Arbitrum says it pulled out of accelerator program after Nvidia refused crypto association The Arbitrum ARB -2.62% Foundation, the muscle behind the Ethereum Layer 2 blockchain network by the same name, said it withdrew from an Nvidia-backed accelerator program after the latter company, the world's largest chipmaker, said it didn't want to be mentioned in any public announcements. Earlier reporting indicated that Nvidia pulled the plug on the arrangement, which would've seen Arbitrum become the exclusive Ethereum partner for the Nvidia- and Tribe-backed Ignition AI Accelerator program. The program would have provided the network with AI development guidance and cloud credits. However, the Arbitrum Foundation said, Nvidia changed its tune in recent weeks, saying it was willing to partner with Arbitrum, as long as the chipmaker wasn't mentioned in any public-facing crypto-related announcements.
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US spot bitcoin ETFs log $3 billion in weekly inflows, a 5-month high following BTC price spike As crypto prices recovered last week, U.S.-based spot bitcoin ETFs logged over $3 billion worth of inflows, the highest such value since November, 2024, while their Ethereum ETH -0.54% equivalents logged the first net weekly inflows since February. Friday marked the sixth straight day of net inflows for the bitcoin funds, according to SoSoValue data, with BlackRock's IBIT logging $240 million worth of inflows and Fidelity's FBTC taking in $108 million. Together, the two funds accounted for 92% of all inflows on Friday.
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Bitwise files to launch NEAR ETF in Delaware as SEC warms to crypto funds under Trump According to the Delaware site, a "Bitwise NEAR ETF" was filed on Thursday, marking an initial step in the process to launch an ETF. Bitwise Asset Management CEO and co-founder Hunter Horsley confirmed to The Block on Friday that the firm made that Delaware filing. NEAR is ranked the 43rd largest crypto by market capitalization and has risen slightly over the past few days to just over $2.60, according to The Block price data.
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CME Group plans to launch XRP futures, its fourth-ever crypto add CME Group, the company behind the largest U.S. derivatives exchange, plans to launch XRP -0.06% futures within a month, pending regulatory review by the Commodity Futures Trading Commission, according to an announcement on Thursday. If approved, CME XRP futures would be the fourth straight-up cryptocurrency available on the marketplace, which also lists BTC, ETH and SOL products. The move, coming shortly after listing Solana futures, is representative of the CME Group’s increasing interest in crypto amid shifting regulatory circumstances in the U.S. Under President Trump’s direction, regulators at the CFTC and Securities and Exchange Commission have taken a less restrictive approach to overseeing the blockchain industry.
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Australian federal court overturns ruling against crypto lender Block Earner, orders securities agency to cover legal fees Australian federal court overturns ruling against crypto lender Block Earner, orders securities agency to cover legal fees
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What politeness teaches ChatGPT — and why OpenAI’s artificial intelligence is paying millions to listen
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What politeness teaches ChatGPT — and why OpenAI’s artificial intelligence is paying millions to listen
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AI flattens creativity. Blockchain is how we save it | Opinion Our timelines were just filled with a bunch of pastel Miyazaki’s ghosts. Studio Ghibli-style AI generations have become the internet’s new favorite aesthetic. PFPs and marketing campaigns were reborn overnight in the watercolor warmth of Spirited Away. Selfies rendered as soot sprites. In the chaos of AI-generated images and memecoins, we’re watching creativity get flattened, authorship obscured, and ownership erased. If that feels like a plague, it’s because it is. The unfettered mess unleashed by generative AI has caused a powerful use case for blockchain to emerge: proof of provenance and onchain verifiability for agentic creation. By anchoring content to public, immutable ledgers, blockchain enables creators to prove authorship, timestamp originality, license works programmatically, and track derivatives across the network—without relying on centralized gatekeepers.
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AI flattens creativity. Blockchain is how we save it | Opinion Our timelines were just filled with a bunch of pastel Miyazaki’s ghosts. Studio Ghibli-style AI generations have become the internet’s new favorite aesthetic. PFPs and marketing campaigns were reborn overnight in the watercolor warmth of Spirited Away. Selfies rendered as soot sprites. In the chaos of AI-generated images and memecoins, we’re watching creativity get flattened, authorship obscured, and ownership erased. If that feels like a plague, it’s because it is. The unfettered mess unleashed by generative AI has caused a powerful use case for blockchain to emerge: proof of provenance and onchain verifiability for agentic creation. By anchoring content to public, immutable ledgers, blockchain enables creators to prove authorship, timestamp originality, license works programmatically, and track derivatives across the network—without relying on centralized gatekeepers.
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The upcoming U.S. STABLE Act mandates full reserves, which will likely benefit compliant stablecoin issuers like Coinbase. U.S. stablecoin regulation is poised to have a significant impact on issuers. On Friday, April 17, Nansen released a report highlighting the potential winners of the STABLE Act. According to the report, compliant issuers like Coinbase, PayPal, and Visa will likely be the biggest beneficiaries. The STABLE Act, which passed the U.S. House Financial Services Committee on April 2, provides comprehensive regulation for stablecoins. Its goals are to protect holders, ensure transparency by issuers, and strengthen the role of the U.S. dollar. You might also like: How stable are stablecoins? Some of its provisions mandate full reserves in cash or U.S. Treasuries, while prohibiting interest payments to holders. At the same time, stablecoin issuers must be licensed banks, approved state trusts, or companies regulated by the U.S. Office of the Comptroller of the Currency.
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The upcoming U.S. STABLE Act mandates full reserves, which will likely benefit compliant stablecoin issuers like Coinbase. U.S. stablecoin regulation is poised to have a significant impact on issuers. On Friday, April 17, Nansen released a report highlighting the potential winners of the STABLE Act. According to the report, compliant issuers like Coinbase, PayPal, and Visa will likely be the biggest beneficiaries. The STABLE Act, which passed the U.S. House Financial Services Committee on April 2, provides comprehensive regulation for stablecoins. Its goals are to protect holders, ensure transparency by issuers, and strengthen the role of the U.S. dollar. You might also like: How stable are stablecoins? Some of its provisions mandate full reserves in cash or U.S. Treasuries, while prohibiting interest payments to holders. At the same time, stablecoin issuers must be licensed banks, approved state trusts, or companies regulated by the U.S. Office of the Comptroller of the Currency.
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Sweeping DOJ memo signals turning point — and possible relief — for embattled crypto firms A new U.S. Justice Department memo signals a potentially significant shift in policy, with implications for cryptocurrency cases as the Trump administration adopts a more favorable stance toward the industry than in previous years.
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‘One of important challenges of our time’: Ethereum’s Buterin calls for greater crypto privacy amid AI, govt risks
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Bitcoin price has bounced back in the past few days, but an emerging risky pattern points to a potential reversal in the near term.
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Tether backs OCEAN mining pool created by controversial Bitcoin Core developer Tether plans to join a Bitcoin mining pool created by long-time Bitcoin Core developer Luke Dashjr. The company behind the largest stablecoin by market capitalization, USDT +0.023% , will direct its "existing and future" to the mining pool, according to Monday's announcement. The move is part of Tether’s deepening commitment to the mining industry, which includes plans to spend around $500 million by 2025 to build out mining operations and purchase stakes in existing companies.
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SEC and Binance file joint motion for another 60-day pause in legal dispute The Securities and Exchange Commission and Binance, the world's largest crypto exchange, have asked the judge overseeing their legal dispute to continue keeping the case on hold as lawyers on both sides hold "productive discussions." According to a joint court filing submitted Friday, the SEC requested the pause be extended "...In light of these continued discussions and the time required for the staff to seek authorization from the [SEC] as necessary to approve any resolution or changes to the scope of this litigation." Binance's lawyers agreed that "...continuing the stay is appropriate and in the interest of judicial economy."
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