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Trump presses Senate to scrap filibuster as shutdown hits 36 days
Trump presses Senate to scrap filibuster as shutdown hits 36 days at a White House breakfast on Wednesday, Nov. 5, 2025.
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The U.S. Commodity Futures Trading Commission (CFTC) has brought to light a scheme by Debiex's staff, who allegedly developed personal and even romantic relationships with potential customers to draw them into their trading platform. The CFTC has now sued Debiex, charging them with fraudulent activities. 
Machiavelli in DAO Governance
Every creator of a Decentralized Autonomous Organization (DAO) must not only be a proficient manager but also a political scientist, says Miles Jennings, Chief Legal Counsel at a16z crypto. He refers to the teachings of Renaissance Italian philosopher Niccolò Machiavelli in the context of DAO management. 
In the ongoing SEC vs Binance case, Federal Judge Amy Berman Jackson is seeking the commission's arguments to determine if digital assets should be classified as securities. Binance is set to engage in discussions, especially concerning staking and the definition of securities' 'duration'. 
Public Goods Network (PGN), a second-layer blockchain initiative backed by Gitcoin, is set to cease operations. The project will progressively scale down over the next half-year, aiming for complete closure by June 2024. This decision comes in the wake of a thorough evaluation of the platform’s performance. 
What are zk-SNARKs?
zk-SNARK is the most well-known type of zero-knowledge proofs (ZKP). This technology allows a user to affirm data ownership without disclosing the actual data to someone else. This is akin to the “Spy” game, where players demonstrate their knowledge of a word without actually saying it. 
In El Salvador, only 12% of the population reportedly used Bitcoin for payments of goods and services in the past year, marking a 12.4% decline from the 2022 statistics. This information comes from a study conducted by the Central American University José Simeón Cañas, based on face-to-face interviews with 1,280 people. 
AI Will Transform the Global Economy, Says the IMF
The ever-expanding capabilities of artificial intelligence demand our attention. The International Monetary Fund (IMF) advises that we need to contemplate how to make the most of AI’s potential while managing the risks it brings to production processes and society as a whole. AI vs. Blood Parties: Airbnb's Experiment
As New Year's Eve 2024 approached, Airbnb Inc., a rental giant with a market cap of $89.43 billion, blocked over 63,000 bookings. Manually handling such a volume would be an almost impossible task, comparable to the legendary feat of the 300 Spartans. To analyze booking records and make decisions on whether to approve or deny potential client reservations, Airbnb Inc. turned to the power of AI. Daniel Alegre: An Interview With the CEO of Yuga Labs
Daniel Alegre is the CEO of Yuga Labs, the company best known for projects like Bored Apes, CryptoPunks, Meebits, and Otherside. He previously served as a Google executive and was the President and COO of Activision Blizzard. In this interview, we discussed Daniel’s insights on Yuga Labs' evolution, the role of gaming in web3, and his strategies for leading a pioneering blockchain and NFT company. 
JCapital Research analysts have issued a warning about the potential for a significant drop in Hut 8 Mining Corp (HUT) shares, citing possible involvement in fraudulent schemes like Pump & Dump. This alert is primarily based on the company's recent acquisition of US Bitcoin (USBTC) and the ensuing merger. 
Meta founder Mark Zuckerberg has announced his company's hefty investment in Nvidia graphics cards, pouring billions into the development of artificial general intelligence (AGI). This AI aims to execute tasks with human-like proficiency. Zuckerberg anticipates Meta's inventory of H100 graphics cards to reach 350,000 units by the end of 2024. 
Despite restrictions, Chinese cryptocurrency enthusiasts are keeping the trade alive. Users are covertly meeting in public places like cafes, parks, and even laundromats to swap wallet addresses, trade assets, and exchange bank information for converting their crypto into fiat currency. 
In a low-key yet significant move, Tether, the company behind USDT stablecoin, added 8,888.88 BTC (approximately $380 million) to its reserves in the previous quarter. This acquisition increased its Bitcoin stash to a hefty 66,465 BTC, valued at $2.8 billion, adhering to its policy of monthly Bitcoin purchases since September 2022. Bitcoin and Gold: An Unexpected Correlation
The year 2023 saw Bitcoin and gold demonstrate remarkable synchronized growth, despite rising interest rates worldwide. This event drew the focus of analysts, who are delving into why these two ideologically opposing assets have formed such a tight bond. What's behind this trend? 
Joseph Lubin: Ethereum's Co-Founder & Key Strategist
On the first day of 2014, fifty-year-old Joseph Lubin, a private recording studio owner, met 19-year-old crypto enthusiast Vitalik Buterin in Jamaica. Buterin had recently left university. This encounter led Lubin to become a co-founder of Ethereum, establish Consensys, and amass a fortune in dollars. 
Howard Lutnick, the CEO of financial company Cantor Fitzgerald, has come out in support of Tether (the issuer of the USDT stablecoin) amidst various allegations of money laundering and insufficient backing. He highlighted his firsthand experience with the company, overseeing some of their assets. Never miss any of the latest cryptocurrency news, in-depth crypto market analysis, and breaking updates on blockchain technology. From Bitcoin price trends to emerging NFT projects and DeFi developments, GNcrypto has everything to keep you informed and ahead. Stay informed and ready to seize the next big opportunity in the crypto world!