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Crypto Weekly Digest: Nigeria Pardons Binance Exec, Crypto Scammers Splurge on Shark Pool, and El Salvador’s President Donates 2 Bitcoins to Charity

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MINE.exchange has collected for you the latest web3 news from the past week that you might have missed.

– Researchers from Anthropic have issued a warning about potential risks associated with artificial intelligence. While current AI models do not pose a significant threat, experts highlighted several future risk directions.

– In Q3 2024, venture investors poured $213 million into AI projects, a 340% increase compared to the same period last year.

– Alcon Entertainment, the producer of Blade Runner 2049, has filed a lawsuit against Elon Musk, Tesla, and Warner Bros., accusing them of unauthorized use of a film still.

CFTC Chairman Rostin Behnam urged the U.S. Congress to expedite crypto sector regulation and the oversight of political event betting.

Nigerian authorities dropped charges against Tigran Gambaryan, a Binance executive under investigation for money laundering since April.

Indian regulators proposed a ban on private cryptocurrencies like Bitcoin and Ether, emphasizing that CBDCs are safer and improve financial inclusion.

– Five fraudsters who scammed $21.6 million from 40,000 investors in crypto schemes were sentenced to prison. They spent the stolen funds on a luxury lifestyle, including private jets, elite clubs in Dubai, and even a shark aquarium.

El Salvador’s President Nayib Bukele donated 2 Bitcoins (around $134,000) to build 1,000 schools in Honduras.

Microsoft shareholders will vote in December to decide whether the corporation should consider investing in Bitcoin.

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