Following the landmark decision for Ripple, asserting that some sales of XRP did not constitute securities sales, tokens included in the U.S. Securities and Exchange Commission (SEC) lawsuits against major cryptocurrency exchanges Binance and Coinbase experienced noticeable price movements. Some of these tokens managed to recover, while others displayed a more stagnant performance when denominated The post SOL, MATIC, ADA gain over 20% on Bitcoin as SEC targeted tokens see mixed performance appeared first on CryptoSlate.

XRP has now surpassed BNB to become the fourth-largest digital asset by market cap following its landmark court decision. # Name Price 24H % Market Cap 24H Vol 1 Bitcoin $31,313.35 +2.97% $608,382,242,056 $25,742,885,697 2 Ethereum $2,006.04 +7.07% $241,135,375,943 $12,574,214,439 3 Tether $1.00042 +0.06% $83,469,496,743 $47,877,965,097 4 XRP $0.78891 +67.5% $41,452,503,749 $12,916,795,997 5 BNB $259.553 The post XRP passes BNB in market cap as experts debate judge ruling on securities sales appeared first on CryptoSlate.

The Cyberspace Administration of China (CAC), the nation’s lead internet regulator, has unveiled the country’s inaugural rules overseeing generative artificial intelligence. Lauded as a significant regulatory stride, these rules, which take effect on Aug. 15th, were established when Beijing heightened its vigilance over burgeoning technology. These regulations mandate generative AI services to uphold the “core The post China’s new generative AI regulation sets guidelines to promote values of ‘socialism’ appeared first on CryptoSlate.

Despite the exponential growth of Threads, Meta’s Twitter competitor, a significant portion of the crypto community remains loyal to Twitter. As reported by NFT Gators, nearly 70% of 117 major players in the crypto industry are yet to open a Threads account a week after its launch. Threads has witnessed an extraordinary surge in user The post Can Threads dethrone Crypto Twitter? New report suggests not appeared first on CryptoSlate.

Anthropic, the AI startup founded by ex-OpenAI executives, recently unveiled their newest player in the field of AI, Claude 2, marking an important step in the development of generative AI models. This new large language model (LLM), Claude 2, makes a significant splash in the AI field with its unprecedented 100,000 token context window – The post Why Anthropic’s new 100k token Claude 2 highlights exponential growth in generative AI appeared first on CryptoSlate.