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UK Startup Raises £1.5 Million to Fight Deadly Sepsis with AI
Cryptopolitan (RSS)

Presymptom Health, a UK-based startup pioneering the use of artificial intelligence for early infection and sepsis detection, has secured £1.5 million in equity and grant funding to combat the life-threatening consequences of delayed sepsis diagnosis.

Sepsis, a severe body response to infection, claims the lives of nearly 48,000 people annually in Britain alone (UK Sepsis Trust). The condition’s lethality is heavily linked to late diagnosis. 

Presymptom to Battle Sepsis with New Funding

The company noted that for every hour sepsis goes untreated, the mortality rate rises by 10%. However, early intervention offers a significantly higher chance of successful treatment.

Speaking on the deadly threat of delayed diagnosis, Dr Iain Miller, CEO of Presymptom Health, said: “If we take Sepsis as an example. Sepsis diagnostics hasn’t moved on in more than a century, and currently, doctors can only diagnose it w...

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Solana Meme Coin Slerf Offers NFT Compensation Following $10 Million Loss
Cryptopolitan (RSS)

In a dramatic turn of events, the Solana-based meme coin project, Slerf, has found itself at the center of a financial debacle, resulting in a staggering loss of over $10 million for its presale investors. 

The mishap, attributed to a critical error by the project’s developer, has led to the accidental burning of a significant portion of the project’s token supply. In response, Slerf has announced a novel compensation strategy involving the distribution of unique NFTs to the affected investors, to mitigate the financial damage and restore trust within its community.

The catastrophic mishap

The incident unfolded during the presale phase of the Slerf project, which successfully attracted investments totaling more than 50,000 SOL, equivalent to approximately $10.8 million. The promising start took a disastro...

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Do Kwon’s extradition case may be headed to Montenegro’s Supreme Court
Cointelegraph.com News (RSS)

Prosecutors in Montenegro suggested that the country’s Supreme Court could issue a verdict that would change an earlier decision on Do Kwon’s extradition to South Korea.
Pixels Crypto Game Fuels Resurgent Ronin Blockchain
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

This year's bull market has seen a resurgence of many crypto narratives from yonder cycles, including crypto gaming. In that sector the Ronin network – whose game Axie Infinity reigned over the last gaming moment – is back again.
What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The reported move, if confirmed, could have serious ramifications for the blockchain’s developers. But success for the troubled regulator is far from certain and unanswered questions abound.
Why is Dogecoin price up today?
Cointelegraph.com News (RSS)

DOGE price is up today as an uptick in whale activity aligns with Coinbase plans to launch futures trading for Dogecoin.
Analyst Says Bitcoin Price Influenced by Forces Beyond BTC ETF
CoinGape (RSS)

Eric Balchunas, Bloomberg’s senior Bitcoin ETF analyst, suggests that the price performance of the world’s Bitcoin is independent of spot Bitcoin ETF exchange flows. Although the BTC ETF activities that trigger Bitcoin transactions are typically implied to determine Bitcoin market movement, Balchunas pointed out that “bigger forces” also influence the game.

This remark has been made against a background where the considerable outflows from the Grayscale Bitcoin investment ecosystem show no signs of lessening. GBTC recorded outflows of $281.57 million more on Wednesday. The gross outflow from the U.S. issuers has been noted as over $748 million since the onset of this week, indicating a significant change in the investment dynamics.

An unusual phenomenon was observed around Grayscale’s Bitcoin Trust (G...

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RWA Tokens Rally: POLYX, CFG, PROPC, ONDO, PROPS Skyrocket Over 30%
CoinGape (RSS)

With BlackRock launching its first tokenized fund on the Ethereum blockchain, the crypto market has seen a significant surge in Real-World Asset (RWA) tokens. Polymesh (POLYX), Centrifuge (CFG), Propchain (PROPC), Ondo (ONDO), and Propbase (PROPS) are among them, and all have gained remarkable figures of well over 30%.

The rally is linked to the increased investor appetite for tokenized assets that act as an interface between the traditional financial market and the digital asset space.

BlackRock’s Entry into Tokenized Assets
The announcement from BlackRock, the world’s largest asset manager, about its new BlackRock USD Institutional Digital Liquidity Fund has been a catalyst for the recent uptrend in RWA tokens. The fund, tokenized on the Ethereum blockchain and denominated as ...

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Dogecoin Millionaire Tips Reddit Themed Memecoin To Outperform IPO
CoinGape (RSS)

Popular cryptocurrency trader Glauber Contessoto has projected a Reddit-themed memecoin to outperform the social platform’s Initial Public Offering (IPO).  

In a recent social media post on X (formerly Twitter), Contessoto expressed the belief that the memecoin $RDDT will pull in more gains than the Reddit IPO which is currently having a major buzz along social media spaces.

$RDDT To Flip Reddit IPO 
According to him, a surge of the asset to flip the main Reddit stock IPO means victory for cryptocurrency users as users await a rise in their beloved assets. 

...

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Crypto service provider regulations set out in Estonian bill
Cointelegraph.com News (RSS)

Crypto firms are only subject to AML regulation in Estonia, but a new bill would bring Estonia into conformity with MiCA.
Apple and Google To Face EU Investigation Under New Law
CoinGape (RSS)

Tech giants like Apple and Google are on the verge of facing regulatory issues in the European Union. According to a report by Bloomberg,  Apple and Google are about to be subject to extensive European Union probes on their adherence to a new law opening the door to perhaps large fines.

EU New Laws to Probe Tech Giants
Bloomberg highlights that investigations by the European Union into whether Apple Inc. and Alphabet Inc.’s Google comply with new legislation limiting the influence of Big Tech might result in significant fines. According to persons familiar with the situation, the European Commission is getting ready to announce investigations into the companies under the bloc’s Digital Markets Act in the coming days. The EU will be focusing on Apple and Google’s new fees, terms, and conditions for app store developers.

...

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Do Kwon: Extradition To South Korea To Get Supreme Court Review
CoinGape (RSS)

Montenegrin prosecutors have refused to accept the court’s verdict on the extradition of Do Kwon, Terraform Labs co-founder Do Kwon to South Korea. 

Complications in The Do Kwon Extradition to South Korea
Two weeks ago, a high court in Podgorica, Montenegro ruled that Do Kwon should be extradited to South Korea. This was a reversal of the previous motion of another court in Montenegro that Kwon be extradited to the United States. For Do Kwon and his team, this was a victory since they had previously shown preference for having him extradited to South Korea.

The reason for preferring South Korea over the U.S. is due to the presence of lesser penalties for white-collar crimes in the former.

Shortly after the court’s verdict on Do Kwon’s extradition, the U.S. Department of Justice (DOJ) raised some objections. A few i...

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Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Terraform Labs co-founder Do Kwon’s pending extradition to South Korea has apparently been put on ice following a legal challenge issued Thursday by Montenegro’s top prosecutor.
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted.
Ripple CTO David Schwartz Debuts Trading Bot Based on XRPL AMM
CoinGape (RSS)

David Schwartz, the Chief Technology Officer at Ripple, has unveiled a fresh AI-powered trading bot. This advanced concept adheres to an algorithm from XRP Ledger AMM and is designed to have the same functionality. The primary design feature of this bot is its capability to act effectively and reliably on centralized exchange markets. Schwartz performed preliminary testing there, primarily focusing on Solana trading.

The initial phase of the application’s development left David Schwartz with a solid conclusion that “it’s really rough now.” In this regard, he opined that the GitLab link was needed since this would enable the public to review the code. This ...

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Reddit IPO Success To Fuel Company’s AI Exploration: Report
CoinGape (RSS)

After a successful Reddit IPO, the company is now embarking upon AI and advertisement opportunities. According to Yahoo Finance, Reddit CEO Steve Huffman revealed that the company will now be focusing on AI projects and more for future growth plans.

Reddit to Keep AI Growth on Cards
Huffman claims that Reddit is actively seeking new partnerships that feed its data to large language models (LLMs), but the company’s primary goal is to increase its share of the advertising market. The claim comes at a time when other tech giants like Google and Microsoft are also trying to mint AI revenue in the future.

Reedit IPO Sees Good Success
Reddit’s stock began trading at $47 a share after it was listed on the New York Stock Exchange today. The company’s shares debuted in trading ab...

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BlackRock BUIDL Platform Stained By 0.97 ETH Tornado Cash Inflow
CoinGape (RSS)

BlackRock Inc’s newly launched institutional cryptocurrency fund allegedly received 0.97 Ethereum (ETH) via Tornado Cash, a popular crypto mixer known for facilitating money laundering. 

Unsolicited ETH Transaction Into BUIDL
On Tuesday, it was reported that investment asset management firm BlackRock sent a filing to the United States Securities and Exchange Commission (SEC) informing the agency of its newly created tokenized asset fund. The new fund which is dubbed BlackRock USD Institutional Digital Liquidity Fund (BUIDL) emerged in alliance with Securitize, a renowned financial service provider. 

As a reputable asset manager, the introduction of BlackRock’s tokenized asset fund drew massive a...

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‘Am I sorry? No’ — 3AC founder. $6B BTC laundered for fast food worker: Asia Express
Cointelegraph.com News (RSS)

“Companies go bankrupt all the time,” says 3AC founder, Brit found guilty of laundering $6B in Bitcoin for fast food worker: Asia Express
Bitcoin halving will be a litmus test for inefficient ops: Mining execs
Cointelegraph.com News (RSS)

Major mining firms expect the Bitcoin halving to reduce profitability and cause an increase in network fees, which could challenge the existence of less efficient miners.
Estonian Government Approves Bill for Crypto Regulation
CoinGape (RSS)

The Estonian government has approved a bill aimed at overseeing cryptocurrency service providers. This legislation aligns with the nation’s financial oversight with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The bill, however, awaits a parliamentary vote to become law.

New Supervisory Framework
The proposed bill will put in place a strong regulatory framework transferring the oversight of cryptocurrency service providers from the Financial Intelligence Unit (FIU) to the Financial Supervision Authority (FSA). In the past, FIU used to register cryptocurrency service providers, which was mainly focused on compliance with Anti-Money Laundering (AML) measures.

Accordingly, the shift to FSA supervision implies a change to the more comprehensive regulation of the crypto industry...

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