• CoinDesk is reportedly close to finalizing a $125M deal.
• Private writings from months leading up to Alameda, FTX collapse have been uncovered in legal discovery process.
• Apple developing its own AI chatbot as an internal tool; Societe Generale subsidiary receives France’s first crypto services license; Terraform Labs appoints Chris Amani as CEO.
CoinDesk Deal Close to Finalization
CoinDesk is reportedly close to finalizing a major $125 million deal. This comes after Caroline Ellison’s private writings from the months leading up to the collapse of Alameda and FTX were uncovered in a legal discovery process.
Apple Developing AI Chatbot
Apple is also developing its own artificial intelligence (AI) chatbot as an internal tool that will be used across the company’s products and services. The chatbot will be able to answer customer queries quickly and effectively, while also providing personalized recommendations for products or services based on user input.
France Receives First Crypto Services License
In other news, a subsidiary of French financial giant Societe Generale has received France’s first crypto services license from local financial regulator Autorité des Marchés Financiers (AMF). The license allows the company to provide custody services for digital assets, including cryptocurrencies like Bitcoin and Ethereum.
Terraform Labs Appoints New CEO
Also, Terraform Labs has appointed Chris Amani as its new chief executive officer (CEO), replacing Do Kwon who left the blockchain-based firm earlier this year due to personal reasons. Amani brings extensive experience in software engineering and executive leadership roles in both technology startups and Fortune 500 firms such as Microsoft, Dell, Twitter, PayPal, Amazon Web Services and Google Cloud Platform.
CANSEE Bill Criticized by CoinCenter
Finally, CoinCenter has criticized U.S Senate bill CANSEE which would impose strict regulations on individuals involved in decentralized finance (DeFi). Jerry Brito, executive director of CoinCenter said that the bill was “messy, arbitrary and unconstitutional” adding that it would extend sanctions penalties and Bank Secrecy Act obligations to individual developers under total authority of the Secretary of Treasury.