The SEC chair called AI the "most transformative technology of this generation" and stressed the need to prepare for its influence on financial markets.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

	Open in app or online SEC chair Gary Gensler pivots agency’s attention to AI: “We can get to crypto later” The SEC chair called AI the "most transformative technology of this generation" and stressed the need to prepare for its influence on financial markets. Aug 4   Share   Happy Friday! The global crypto market cap is $1.17 trillion, with a 24-hour volume of $28.07 billion. The price of Bitcoin is $29,232.35, and BTC market dominance is 48.6%. The price of Ethereum is $1,843.93, and ETH market dominance is 19.0%. The best-performing sector is Media, which gained 48%. The Crypto Fear & Greed Index is currently Neutral (54). Top News SEC chair Gary Gensler pivots agency’s attention to AI: “We can get to crypto later” The SEC chair called AI the "most transformative technology of this generation" and stressed the need to prepare for its influence on financial markets. World Mobile launches Ethereum and BNB Chain bridges, strengthening multichain strategy The project hopes that the Ethereum and BNB Chain cross-chain bridges will incentivize both networks' users to join the emerging WMT ecosystem. X has plans for an in-app trading platform: Report There is not yet any indication of whether crypto could be supported — or indeed, whether any partner firms are interested in powering the platform at all. Latest Insights Coinbase sees more revenue from subscriptions, services than fees Bitcoin at $29,200 as unemployment rate drops to 3.5% More News Curve Finance offers hacker 10% bounty, agrees not to seek legal assistance if offer is taken up Two other DeFi platforms, Metronome and Alchemix, also signed the bounty offer. Coinbase reports $708M in quarterly revenue but overall net loss ahead of Base launch The value of the company's stock remains largely unchanged. U.S. exchanges are seeing fewer outflows than offshore competitors Despite the ongoing regulatory pressure on U.S. exchanges, their offshore competitors saw much higher Bitcoin outflows in the past month. US exodus as Revolut now ‘suspends’ crypto access in country amid regulatory uncertainty Regulatory cloud in US prompts crypto hiatus for Revolut giving users until October to remove funds Coinbase files motion to dismiss SEC lawsuit in its ‘entirety’ Against SEC headwinds, Coinbase dares to dismiss lawsuit amidst industry uncertainty. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2023 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe