Malaya Ruiz
The top headlines this Thursday from The Shib Daily are marked by increasing regulatory scrutiny in financial markets and the growing adoption of stablecoins. Furthermore, financial actions by politically connected figures also spark intrigue—but not as much as the newest controversy surrounding AI, which you’ll find out more about below.
SEC Commissioner Crenshaw’s Renomination Vote Stalled
The vote to renominate SEC Commissioner Caroline Crenshaw has been delayed because of a procedural conflict. The change in schedule overlaps with a Senate rule. Senator Brown is tasked with rescheduling the vote, but a timeline is yet to be announced. Crenshaw, facing controversy in the crypto community, must pass both committee and Senate votes within the next seven days.
Binance and Circle Unite to Drive Global USDC Adoption
Binance and Circle have teamed up to boost USDC adoption and support the growth of digital assets worldwide. Circle will assist Binance with technology and liquidity solutions to enhance USDC usage. This partnership will facilitate the broader integration of USDC into Binance’s offerings. The CEOs of both companies express optimism about their collaboration’s potential.
World Liberty Financial Purchases $12M Worth of ETH, LINK, and AAVE
World Liberty Financial (WLFI) has acquired Ethereum (ETH), Chainlink (LINK), and Aave (AAVE) using USD Coin (USDC). On December 12, WLFI processed $12 million in transactions, leading to a 6.86% surge in Ethereum’s price. Their Ethereum holdings now exceed 14,500 ETH, valued at over $56 million.
‘Deus in Machina’: The Controversial AI Jesus Draws Criticism
A project featuring an AI version of Jesus has sparked debate among some critics. Named “Deus in Machina,” it started in August at St. Peter’s Chapel in Lucerne, Switzerland. Created by Philipp Haslbauer and Marco Schmid, the project used OpenAI’s GPT-4o and an AI video generator. The avatar answered questions about faith and morality; it also referenced Scripture. Bishop James Long, Presiding Bishop of the United States Old Catholic Church, voiced his criticism, calling it “not sacramental” and “truly just sacrilege.”
Read more
- a16z Chief Brian Quintenz Possible Trump Pick for CFTC Chair
- Shiba Inu Poised for Explosive Rally? Analyst Predicts 4450% Price Surge
- South Korea Pauses Crypto Legislation Amid Martial Law Fallout, Tax Law Delayed
Malaya has positions in SHIB, ETH, USDT, MATIC, etc. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
