#cryptocurrency

Three American families, victims of a Hamas attack on Israel on October 7th, have filed a lawsuit against Iran, Syria, and the cryptocurrency exchange Binance, including its former CEO Changpeng Zhao.

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.

The X account of the Spanish Embassy in Bosnia and Herzegovina has been actively engaging in discussions about cryptocurrencies, particularly regarding potential airdrops or updates. The embassy's account commented on various cryptocurrency projects, including Beam, Phantom, and SatoshiVM.

Joe Lonsdale, the co-founder of analytics company Palantir, views the expansion of artificial intelligence as a potential driving force for the cryptocurrency market. He foresees a future where many AI-focused companies will embrace cryptocurrencies for payments.

The legal firm MANIMAMA has released a report analyzing cryptocurrency tax systems worldwide, including the EU, Switzerland, the UAE, and more. Notably, the UAE, particularly Dubai, emerges as one of the most favorable locations for crypto trading and earnings, as it imposes no capital gains or income tax.

Ethereum's founder, Vitalik Buterin, recently published an article titled "The promise and challenges of crypto + AI applications." He delves into the convergence of blockchain and AI technologies, highlighting key areas like data management, transparency, monetization, and cost reduction.

Cryptocurrencies, primarily due to their mining processes, are projected to boost their energy consumption by at least 40% within the next two years. Concurrently, the energy expenditure for AI apps is set to increase tenfold. These findings come from the International Energy Agency's recent report.

Inter Miami, the American football club featuring star player Lionel Messi, has shifted its sponsorship allegiance from the cryptocurrency investment firm XBTO Group to the cruise operator Royal Caribbean International. This decision is widely viewed as the club's move to distance itself from the crypto industry.