Donald Trump’s team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC. Donald Trump’s incoming administration reportedly wants the Commodity Futures Trading Commission to oversee the crypto industry — a move that could drastically roll back some of the regulatory power from the Securities and Exchange...Continue Reading

A group of artists and early testers leaked access to OpenAI’s unreleased Sora tool, claiming to have been exploited in its research and development phase. A group of aggrieved artists and early testers of OpenAI’s unreleased text-to-video tool Sora leaked access to the new model in an act of protest after they claimed to have...Continue Reading

Ethereum block builders Beaverbuild and Titan Builder have made around 88% of the blockchain’s blocks in recent weeks, and now BuilderNet aims to disrupt that. Blockchain infrastructure firm Flashbots has launched BuilderNet, a decentralized block-building network on Ethereum to “kill censorship” and solve one of the network’s biggest “chokepoints.” BuilderNet launched on Nov. 26, which...Continue Reading

A US appeals court ruled the Treasury’s OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash’s smart contracts. A United States appeals court has reversed a lower court’s decision, finding the Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning Tornado Cash’s immutable smart contracts — a major win for the protocol and...Continue Reading

New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience. A newly proposed bill in Brazil’s Congress plans to establish a sovereign federal Bitcoin Reserve, potentially reshaping the country’s approach to digital assets. The bill was introduced on Nov. 25 by Congressman Eros Biondini and seeks the creation...Continue Reading