#will

Markus Thielen, founder of 10x Research, believes that Gary Gensler, the current Chair of the US Securities and Exchange Commission (SEC), will step down in January or February 2025, assuming a win by Donald Trump. Gensler's term is set to end in June 2026.

In a span of two months, the Hong Kong Monetary Authority (HKMA) collected 108 responses from industry players and financial institutions about regulations for fiat-referenced stablecoins. Government officials see these assets as the most promising, which is why the new bill will focus on them.

American company Morgan Creek Digital plans to raise $500 million for its new Web3 Venture Capital Fund, which will focus on artificial intelligence, blockchain technologies, chip manufacturing, and data processing. This initiative is part of the firm’s strategy to expand its presence in Europe, Africa, and other regions, building on its already managed assets of over $440 million.

The Attackathon aims to be the first crowdsourced security audit to identify vulnerabilities in Ethereum’s protocol code. This event will be conducted in collaboration with the security firm Immunefi.

The European regulator may impose a fine equivalent to 6% of the total revenue on Elon Musk’s social media platform X for its failure to address illegal content. This measure will be considered if the company does not implement the necessary changes following its next official warning.

A documentary film about Vitalik Buterin, titled Vitalik: An Ethereum Story, is nearing its release after more than three years of production. The feature-length film will be complemented by a series of short films called Ethereum Stories.

According to K33 Research analysts, ETH could outshine BTC once spot Ethereum ETFs are launched. They predict the ETFs will boost ETH's price, while BTC may experience pressure from the Mt. Gox exchange creditors.

Silvergate, a banking partner of the bankrupt entities FTX and Alameda, will pay fines totaling $63 million to the Federal Reserve and the California Department of Financial Protection and Innovation (DFPI). Of this sum, $43 million will be paid to the Fed and $20 million to the DFPI. Additionally, the SEC seeks to impose another $50 million in penalties on the company.

The project will use generative AI to help paralyzed patients generate messages via signals from its BCI.

Lucky Uwakwe, Chairman of Nigeria’s Blockchain Industry Coordinating Committee (BICCoN), has called for the use of blockchain and artificial intelligence to preserve the languages of African tribes. He warned that community migrations due to security issues could lead to the extinction of many languages and dialects.

Tangem, a company specializing in card-based crypto wallets, is collaborating with Visa to create a new hardware wallet incorporating Tangem Pay technology. This will enable users to make payments at standard terminals.

Tools for Humanity (TFH), the developer of the Worldcoin project, has recruited four former leaders from top tech companies (Google, Apple, and X) to enhance data privacy and security. Damien Kieran, who previously managed privacy at X, will now take on a similar role at Worldcoin.

Cryptocurrency exchange Gemini has become a sponsor of the English football club Real Bedford, owned by Peter McCormack, host of the popular podcast What Bitcoin Did. The sponsorship deal was paid in Bitcoin, which will be used for club development and the launch of a youth academy.