Mark Zuckerberg’s Meta said it was pivoting away from Metaverse to Artificial Intelligence in early 2023. Source: https://www.coindesk.com/markets/2024/02/02/ai-tokens-up-after-meta-beats-analyst-expectations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said. Source: https://www.coindesk.com/markets/2024/02/02/traders-prefer-bitcoin-to-ether-despite-developing-spot-eth-etf-narrative/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, …

Coinbase co-founder Fred Ehrsham’s venture capital firm filed a friend-of-the-court brief in Kalshi’s case against the CFTC. Source: https://www.coindesk.com/policy/2024/02/01/prediction-markets-can-hedge-crypto-startups-regulatory-risk-paradigm-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Members of Congress are trying to delete the controversial U.S. Securities and Exchange Commission accounting bulletin that implies restrictions on companies that want to hold their customer’s crypto assets. …

Devs for the Blast L2 are accused of stealing open-source code that’s available to all. Is that cheating, or a sincere form of flattery? Source: https://www.coindesk.com/consensus-magazine/2024/02/01/blast-from-the-future-can-you-plagiarize-something-meant-to-be-copied/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BONK DAO is writing a $500,000 check for the venture fund of Colosseum, Solana’s new hackathon organizer. Source: https://www.coindesk.com/business/2024/02/01/the-biggest-bonk-whale-just-invested-in-ycombinator-for-solana/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S. Source: https://www.coindesk.com/policy/2024/02/01/us-drilling-down-on-crypto-miners-energy-use-draws-ire-from-community/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Taproot Wizards struggled with technical issues during Monday’s initial attempt to sell about 3,000 of the “NFTs on Bitcoin.” The team says they underestimated demand, and says the minting …

Superstate’s USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said. Source: …