#2024

John Reed Stark, a lawyer and former SEC enforcement chief, has labeled the effort by the leadership of the now-bankrupt crypto exchange FTX and its associated legal firms to relaunch the platform as blatant fraud. He predicts that by the end of 2024, each attorney involved in this case will afford to buy a luxury beach house, effectively financed by the funds of FTX users.

The U.S. Bureau of Labor Statistics has released its January 2024 figures, revealing a steadfast unemployment rate and a significant rise in non-farm sector employment.

In January 2024, the on-chain monthly transaction volume of Bitcoin reached a new record of $1.21 trillion for the past twelve months. It's noteworthy that throughout 2023, this figure did not exceed $1 trillion, typically fluctuating between $500-600 billion.

Meta is gearing up to roll out its new AI chip, Artemis, in its data centers this year, according to a Reuters report. This development could significantly diminish Meta's dependence on Nvidia processors.

In a conversation with analysts, Apple's CEO, Tim Cook, confirmed the company's active engagement in Artificial Intelligence (AI) development. This revelation came during a discussion about Apple's quarterly financial report.

DZ Bank, the second-largest financial group in Germany, plans to unveil a retail cryptocurrency trading project by the end of 2024. This ambitious venture will see participation from dozens of corporate banks and will initially cater to private users who do not seek investment or trading consultations.

At the onset of 2024, the Doomsday Clock, an indicator of how close humanity is to destroying the world, remained unchanged. However, scientists have now added artificial intelligence to the list of dire threats that could lead to global catastrophe, equating it with the risks of nuclear conflict and climate change.