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Google vs OpenAI: The Battle for Supremacy
As we've previously reported, Google initiated a $500 million investment in Anthropic, an AI startup based in California, with this being the initial portion of their commitment. According to sources cited by The Wall Street Journal, Google is prepared to extend its total investment in Anthropic to $2 billion. 
According to insights from the Wall Street Journal, Meta's ongoing project is a new AI system. They aim to topple established language models, such as GPT-4 and even their own Llama 2. This fresh initiative will center on large-scale text processing and its subsequent scrutiny. The timeline for initiating the model's training is set for 2024. 
Statistics from Coinglass indicate liquidations of $1 billion in the last 12 hours, with $483 million in BTC and $300 million in Ethereum.
Some market analysts are identifying potential incidents that may have instigated this downfall:
The Wall Street Journal has noted that SpaceX liquidated $373 million in Bitcoin across 2021 and 2022, and Tesla has divested more than 30,000 BTC (75% of its stake) for $936 million in Q2 of 2022.
The investment holding company China Evergrande Group has filed for bankruptcy. It was rumored that Tether had backed a portion of its USDT using commercial papers from this entity.
Sellers sprang into action shortly after.
With Bloomberg announcing that the SEC is slated to approve the first-ever Ethereum-based ETF futures by October, Ethereum's market value promptly surged by 11%. BTSE: The Crypto Oasis with 150+ Coins!
BTSE is a crypto exchange with 150+ assets listed. It uses BTSE tokens, part of the Liquid Network, and has a market cap of $274M. It offers multiple rewards and staking program benefits. Founded by pros with experience in Wall Street, it is focused on innovation and usability. WSM: The Meme Token of the Wall Street Memes Project
After the remarkable success of the PEPE meme token, which saw a staggering 7000% increase from its original price, a new contender has entered the arena - WSM. This token hails from the Wall Street Memes project, a venture that curates and shares trading and finance-related memes across social media platforms. Crypto Exchange Backed by Wall Street Giants Goes Live
EDX, the new non-custodial cryptocurrency exchange, backed by major Wall Street players like Citadel Securities ($7.5 billion), Fidelity Investments ($4.3 billion), and Charles Schwab Corporation ($7.5 billion), has officially gone live and is already executing orders for its clients. 
The Wall Street Journal recently published a sensational article about a handful of mysterious coders-maintainers who back Bitcoin Core and have the power to crash the network at any time!
It turns out that Bitcoin Core only has 5 maintainers, with the sixth leaving the group due to burnout and health issues. And only 17 people had the ability to change the code throughout the entire BTC existence. Furthermore, the code base is hosted on GitHub, a Microsoft-owned website...
What? Five cripples decide the fate of the world's most decentralized project?
While our editor was getting an indirect heart massage, our techs reassured everyone that this was pure FUD and that there are plenty of ways to avoid any of these guys' tricks.
Also, the well-known cypherpunk Adam Back has already come up with a counter-argument. Take a deep breath and relax! Andy Bromberg: Bitcoin ETFs Contradict the Nature of Crypto
The U.S.'s recent nod to spot Bitcoin ETFs has been heralded as Wall Street's triumph. These new exchange-traded funds grant both institutional investors and laypersons easier crypto market access. Yet, Andy Bromberg, CEO of the crypto wallet Beam, signals a caveat: these ETFs deviate from the founding principles of Bitcoin and cryptocurrencies at large. Wall Street Cheat Sheet: Trading Psychology
Every newcomer on the trading floor grapples with a rollercoaster of emotions that seem to shift chaotically. However, seasoned market players recognize that these emotions don't change at random; they follow a particular sequence. Understanding this sequence is crucial to ensure that emotions don't undermine sound decision-making. 
The Wall Street Memes (WSM) meme token is slated for listing on OKX Exchange, happening today at 10:00 GMT. A similar event with PEPE saw the token's price soar with a 15x increase. But what exactly is Wall Street Memes? Originating from Reddit a few years back, this meme community has grown to nearly 800,000 members across different social media platforms, humorously dissecting crypto and financial news. Before rolling out the WSM token in May, they were renowned for their Wall Street Bulls NFT collection. Their token's presale has drawn to a close, amassing approximately $25 million with the token's cost fixed at $0.0337. 
The U.S. Securities and Exchange Commission (SEC) has leveled charges against 11 Wall Street companies, alleging violations in the handling and retention of electronic communications.
The cumulative fines have reached $289 million, with Wells Fargo and its subsidiaries contributing the largest amount of $125 million.These companies are now obligated to seek the expertise of independent consultants for policy checks. 
American Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham have once again introduced a proposal to tackle money laundering through cryptocurrencies.
The Institute of Banking Policy wasted no time and promptly voiced its support for this bipartisan legislation, which seeks to tighten regulations on digital assets to ensure they fully comply with existing financial system rules 
One of the oldest altcoins, has doubled in price since the beginning of the the last week – from $105 to $220.
Analysts credit this remarkable growth to the backing of the altcoin by the newly launched cryptocurrency exchange, EDX Markets.
EDX is new non-custodial cryptocurrency exchange, backed by major Wall Street players like Citadel Securities, Fidelity, and Schwab, has officially gone live a week ago.
It offers popular options like Bitcoin, Ether, Litecoin, and Bitcoin Cash, while consciously avoiding the list of tokens that the SEC considers to be financial securities. 
