Weekly Report (20 – 26 Nov. 23) | What Happened This Week In Crypto

This Report will provide some essential and quick news about cryptocurrencies happening worldwide.

1) US Presidential Candidate Confirms That Bitcoin Is Seen As A Threat By The Government

Vivek Ramaswamy, a candidate for the presidency, has expressed his disapproval of the United States government’s lack of support for Bitcoin. He has cited Senator Warren’s unfavorable views on cryptocurrency and the possibility of a ban…[continue reading]

2) California Is Taking Ethical Considerations Into Account As It Plans To Use AI

The paper from California details the use of generative AI in governmental programs, highlighting both the positive aspects for service delivery and the need of addressing potential concerns such as data privacy and disinformation…[continue reading]

3) Huawei Invests In Alberta AI Institute Among Security Debates

With a generous donation of $4.8 million from Huawei, a Chinese telecom giant, the University of Alberta has announced the launch of the Openmind Research Institute (ORI). The Globe and Mail broke the news of this groundbreaking partnership, which will put the University at the front of artificial intelligence research…[continue reading]

4) SEC Refrains Kraken From Terminating XRP’s “Crypto Securities” Contract

U.S. Securities and Exchange Commission (SEC) participation in cryptocurrency sector regulation is seen in the recent case against Kraken, a cryptocurrency trading platform. A point that has attracted the attention of legal audiences is the absence of XRP from the list of claimed securities in the case…[continue reading]

5) Binance Has Been Experiencing An Outage Affecting Card Withdrawals For The Last Week

The Department of Justice accused Binance and its former head Changpeng Zhao (CZ) three days ago, and since then, customer care at Binance has been responding to a deluge of furious consumers who are experiencing issues with card withdrawals…[continue reading]