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CEO Robbie Yung said that while Animoca does not employ a specific allocation strategy nor an investment target, it will continue supporting new Web3 businesses and its portfolio companies.

#markets #news #bitcoin #first mover

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The U.S. government's claim for $24 billion in unpaid taxes by FTX has only one source – taking recoveries away from its victims, FTX said in a court filing.

Aside from Wintermute, other leading liquidity providers, including Selini Capital and Black Code Group, also support WOO X.

The Chinese Ministry of Public Security plans to implement a blockchain-based identity verification system that it claims will help keep personal data and identity credentials safe.

Oasys Director Daiki Moriyama told Cointelegraph that the move allows smaller game developers to have an easier time deploying their games on the network.

WAX co-founder William Quigley told Cointelegraph that despite the bear market, NFT technology remains promising.

#sam bankman-fried #ftx #criminal trial #david mills #stanford law school.

The head of Sam Bankman-Fried’s legal defense has admitted that the odds of winning the FTX fraud trial were stacked against the former CEO.

El Salvador's planned Bitcoin bonds have received approval from its Digital Assets Commission, paving the way for their issuance in 2024.

#gaming

In the run-up to Chromia’s mainnet launch, players can move their NFTs from BNB Chain and play new Season 4 content.

#gaming #avalanche-2

Exclusive: Crypto startup Mirai Labs has moved to its own Avalanche subnet, heading to what it sees as green pastures for its horse-racing NFT game.

#court #united kingdom

UK senior judges have published a set of AI guidelines for the judiciary to follow, which advises how to use AI and warns of the potential risks of using the technology in trials.

#markets #news #grayscale bitcoin trust #cathie wood #ark invest

Digital asset manager Grayscale's bitcoin investment vehicle's shares fell 8.6% Monday, reflecting the day's 5.8% drop in bitcoin.

AYA is a climate-focused launchpad that supports innovations around sustainability — such as reforestation, nature credits, mangrove conservation, and sustainable agriculture.

#bitcoin #btc price

Bitcoin preserves $40,000 as support and bounces higher as traders eye the impact of "institutional sized" moves on BTC price.

Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a “5.3 Medium” severity score.

The announcement follows a government rule change to require social media influencers to display their real names.

FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.

The new deal emphasizes worker inclusion in AI development and education and calls for public policy that supports worker needs.

#avalanche price #avax price #avalanche crypto #avax crypto #avalanche network #avalanche jpmorgan #avalanche rwa

AVAX surged while other tokens plunged, with analysts pegging its outperformance on being relatively undervalued while forging new partnerships with JPMorgan and Citi.

Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law.

#markets #news #bitcoin #btc

The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest.

#artificial intelligence

Biotech enthusiasts are elated at the news, even though the discovery is only viable for research purposes today.

The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1 2024.

“Due to the rise of Ordinals and Bitcoin L2s, there are reasons to be bullish on the Bitcoin ecosystem. We are entering an era of Bitcoin that we have never seen before,” one market watcher told CoinDesk.

LA-based OurSky launches an ambitious program to democratize space exploration, making powerful telescopes accessible to hobbyists.

GPTs are so helpful, they’ll often give away your instructions simply if they’re asked nicely.

#gaming

Google Cloud will be the first “volunteer validator” on the XPLA gaming chain, adding to Google's growing list of crypto allies.

Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs.

The new tool lets users create diverse audio content using advanced AI, surpassing its controversial Voicebox predecessor.