The Distributed

The future of money and the internet. For investors, by investors.

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OpenAI's #ChatGPT has predicted #Bitcoin's price in 2024, 2028, 2032, and 2050.

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📍🇺🇸 Grayscale wins case against SEC over spot #Bitcoin ETF.

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Google Cloud today announced the general availability of its new A3 instances, powered by NVIDIA $NVDA H100 Tensor Core GPUs.

Their Transformer Engine is purpose-built to accelerate LLMs, allowing for unprecedented performance in various #AI applications.

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#Bitcoin-Friendly and #CBDC-hating residential candidate Francis Suarez has dropped out of the race.

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The SEC has filed a sealed motion against #Binance, following various existing charges against the exchange.

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DeepMind partners with Google Cloud to watermark AI-generated images.

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Coinbase $COIN is facing a lawsuit from the SEC regarding selling unregistered securities.

#Crypto lawyer John E. Deaton believes Coinbase customers can make a difference by voicing objections to the SEC.

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📍🇺🇸 X (Formerly Twitter) obtains the license required for #crypto payments and trading.

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Shiba Inu’s Shibarium Bridge Goes Fully Functional After A Shaky Start https://t.co/S11KtQuWWF

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The SEC has stated that #NFTs are securities!

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Federal Reserve Sets Guidelines for Banks' Use of #Stablecoins.

According to an agency press release, the Fed released guidelines for state member banks to first get a written supervisory nonobjection from the Fed before issuing, holding, or transacting in dollar tokens.

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Ark Invest Research Associate David Puell pointed out that #Bitcoin adoption in Argentina outperforms El Salvador.

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Indian Oil and Gas Minister Hardeep Singh Puri stated that he “[wishes] the Indian rupee should be the lead currency in the world. But I’m also a realist."

This follows India's ditch of the US Dollar following a deal with fellow BRICS member, United Arab Emirates.

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Artificial Intelligence company #OpenAI, launches a #ChatGPT plan for enterprise customers.

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Digital Currency Group and #Genesis creditors have reached a deal in principle to resolve the Genesis Chapter 11 claims, per a Tuesday court filing.

Recoveries could be upwards of 90%.

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JP Morgan $JPM shares its optimism for the crypto market as long position liquidations are "largely behind us", those of which contributed to the market's downward trend.

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📍🇺🇸 The United States Air Force shared with the New York Times its efforts to build a new generation of autonomous combat planes that rely on artificial intelligence.

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Read more about the guidelines below;
https://t.co/9rJtCeDDq4

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📍🇺🇸The Biden administration releases new #crypto tax reporting rules.

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Kristin Smith, the CEO of the Blockchain Association, said that if the rules were implemented effectively, they could provide essential information for everyday crypto users to comply with the tax laws accurately.