Crypto ally French Hill wins reelection but set to lose House chair
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French Senate adopts bill for automatic sharing of crypto tax data
The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative process.
Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out
Bitcoin plunged nearly 5% as AI stocks sank, Democratic midterm wins raised fresh policy questions, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.
ZachXBT identifies French bank as alleged victim of $133M crypto theft
The French bank has not confirmed its alleged involvement in the crypto theft, which ZachXBT said could have resulted in losses exceeding $133 million.
Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.
ChatGPT Teaches Messi Chess—On a Board It Set Up Wrong, With an Opening That Loses in Four Moves
Lionel Messi’s ChatGPT ad has the AI teaching him chess on a board with kings and queens swapped, then suggesting an opening that loses in four moves on that board.
Market participants weigh in on SEC’s proposed crypto regulations
The financial agency is scheduled to close public comments on its ‘Regulation Crypto Assets’ proposed in August.