The Block

Quick Take Analysts forecast that the AI-related cryptocurrency sector will flourish in 2024, propelled by a combination of innovations from both artificial intelligence and web3.

Quick Take Hong Kong may become the next focal point for spot bitcoin ETFs, industry leaders are speculating as they await the U.S. approval of such an ETF.

Quick Take Following its token’s 100% gain from last month’s price, the Solana network has also set records for new and active addresses on the network.

Quick Take Nigeria’s central bank has reportedly lifted some restrictions on cryptocurrency service providers, allowing firms to open bank accounts in the country. Africa’s most-populous nation, Nigeria has experienced ongoing growth in crypto adoption.

Quick Take Ikigai Asset Management, which had a majority of its funds at FTX before it collapsed, sold its claim and is now allowing investors to redeem their capital, CIO Travis Kling said.

Quick Take The SEC told a Utah court it will train staff about “the duty of accuracy and candor.”

Quick Take U.S. data center infrastructure provider Akron Energy has raised $110 million in private funding. Alternative investment manager Bluesky Capital Management led the round, which saw additional participation from Kestrel 0x1 and Nural Capital.

Quick Take The SEC said BarnBridge and its founders, Tyler Ward, 34, and Troy Murray, 38, did not register the “offer and sale of structured crypto asset securities known as SMART Yield bonds.”

Quick Take Crypto industry leaders share their thoughts on the digital assets outlook for the year ahead, covering everything from spot bitcoin ETFs to stablecoins, real-world assets, NFTs and regulations.

Quick Take The Securities and Futures Commission published two circulars today addressing the requirements for spot crypto ETFs.