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Swedish asset manager Virtune launched a physically-backed Bittensor (TAO) ETP on the Nasdaq Stockholm exchange on December 19th, with a 1.95% annual management fee.
OpenAI's Sam Altman is a key figure in the movement to use blockchain technology to solve AI's centralization, privacy, and identity challenges, spawning a new wave of decentralized AI projects.
UNUS SED LEO (LEO) token experienced a significant price drop of 23.67%, settling at $7.03, while Midnight (NIGHT) token increased by 19.20%.
Bittensor has executed its first halving, reducing the daily issuance of new TAO tokens from 7,200 to 3,600. The event mimics Bitcoin's economic model to create supply scarcity and support long-term value.
