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President Trump negotiated a prisoner exchange , swapping BTC-e founder Alexander Vinnik for American school teacher Marc Fogel. Despite Trump’s recent crypto-friendly actions , this deal was not about supporting the industry but securing Fogel’s release. Vinnik, tied to a massive money laundering case, is expected to remain in Russian custody. Vinnik has faced years of legal trouble since his arrest in 2017. He launched BTC-e, an early crypto exchange, in 2011, but the platform was shut down amid serious allegations of money laundering and other crimes. Now, according to the New York Post , Trump has sent Vinnik back to Russia in exchange for Fogel. “We now know what Russia received in this deal. Accused Russian money launderer Alexander Vinnik is being released from US custody in exchange for Marc Fogel,” CNN’s Zachary Cohen reported. The swap allows Fogel, who was sentenced to 14 years in Russia for carrying marijuana, to return to the US. Vinnik’s legal battles have stretched across multiple countries. After his 2017 arrest in Greece, he was extradited to France and later sent to the US in 2022. While facing previous money laundering charges, new allegations surfaced in 2024, leading to a guilty plea . The White House defended the deal, stating, “We view this as a very fair trade. We are not exchanging the Merchant of Death for a basketball player.” Officials confirmed that Vinnik remains in US custody in northern California, awaiting his transfer to Russia . While this exchange may seem like part of Trump’s broader support for crypto figures , it’s not the same as his recent pardon of Silk Road founder Ross Ulbricht. Ulbricht was freed after over a decade in prison, a decision widely celebrated in the crypto space. However, Vinnik’s case is different. The Russian government has been pushing for his extradition since at least 2018. Reports suggest that he admitted to Russian law enforcement that he was involved in a cyber fraud case linked to BTC-e, with damages totaling $14.6 million. Even though he may prefer being in Russia, Vinnik is unlikely to gain full freedom. The US government’s priority was Fogel’s release , not helping Vinnik. Fogel has already returned home, visited the White House , and publicly thanked Trump. Meanwhile, Vinnik remains in custody, awaiting his transfer to Russia.
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Artprice by Artmarket Reveals 2025–2029 AI Roadmap at Global AI Action Summit in Paris
PARIS, Feb. 12, 2025 /PRNewswire/ – Following the recent Global AI Action Summit in Paris, Artprice by Artmarket, a world leader in art market data for 28 years, has announced its strategic roadmap for 2025–2029. The company also showcased the initial success of its Intuitive Artmarket® AI, reinforcing its position as a global leader in AI-driven art market intelligence. Artprice by Artmarket.com is listed on the regulated Euronext Paris market. Global AI Action Summit Highlights Held on February 10–11, 2025, at the Grand Palais, the AI Action Summit gathered representatives from nearly 100 countries, including heads of state, business leaders, academics, and AI experts. This summit was part of AI Action Week , featuring events such as scientific conferences at École Polytechnique and a cultural weekend organized by the French Ministry of Culture. Rachida Dati, French Minister of Culture , emphasized AI’s dual role: fostering creativity while addressing risks in the cultural sector. Artprice actively participated, previewing key data from its upcoming 30th Annual Art Market Report , produced with Artron Research Academy of Arts . The report, distributed in 122 countries and 11 languages, highlights France as Europe’s top art market by auction turnover. Artprice’s Strategic AI Vision Artprice’s roadmap focuses on expanding the capabilities of its Intuitive Artmarket® AI , which launched successfully on January 9, 2025. This AI tool analyzes vast datasets to enhance art market insights, including price forecasting, artwork traceability, and trend detection. The adoption of this AI among Artprice’s 9.3 million users has significantly boosted recurring revenue. The company’s proprietary algorithms process 35MB of data per second per employee , outperforming European averages by over 20 times. This data-driven approach strengthens Artprice’s leadership in the art market and AI integration. AI Developments: AIDB Search Artist® and Blind Spot AI® Artprice announced the development of new AI tools, including AIDB Search Artist® , which allows users to identify artworks through images, similar to Google Lens. This tool leverages Artprice’s extensive database of over 210 million images and 861,000 artists . Additionally, Artprice introduced Blind Spot AI® , an innovative concept designed to detect hidden trends within structured data. This AI technology offers new perspectives for galleries, auction houses, and art collectors. France’s AI Ambitions and Global Partnerships During the summit, President Emmanuel Macron outlined France’s goal to become the world’s third-largest AI hub, following the U.S. and China. France plans to invest €109 billion in AI, with contributions from companies like Microsoft, Amazon, BlackRock, and MGX. Key initiatives include training up to 100,000 AI researchers by 2030 and establishing 35 data centers . The summit also featured global leaders such as UN Secretary-General António Guterres , U.S. Vice President J.D. Vance , Chinese Vice Premier Ding Xuexiang , and executives from OpenAI, Google, and Microsoft. A new AI energy impact observatory , led by the International Energy Agency, was established to promote sustainable AI practices. Artprice’s AI Growth Strategy for 2025–2029 Artprice plans to develop 20 specialized AI tools across various departments, including econometrics, artist biographies, and market analytics. Its partnership with NVIDIA’s Project DIGITS will enhance computing power, enabling faster AI model training and data analysis. Artprice’s AI strategy focuses on proprietary data, minimizing reliance on third-party sources and reducing the risks of data inaccuracies or legal challenges. This approach ensures long-term sustainability and potential growth in subscription revenues. Addressing AI’s Environmental Impact Artprice acknowledges the environmental concerns related to AI’s energy consumption. The company supports AI models that are energy-efficient and sustainable, aligning with broader global efforts to reduce carbon footprints in the tech industry. About Artprice by Artmarket Artprice by Artmarket.com is a global leader in art market information, managing historical and current data on over 863,000 artists . Its databases, enriched by partnerships with 7,200 auction houses , offer comprehensive insights into the art world. Artprice’s services include the largest art market image bank , featuring over 181 million digital images from 1700 to the present. Artprice is listed on Euronext Paris and has received the French government’s “Innovative Company” label twice. The company is part of Groupe Serveur , a pioneer in internet technologies since 1987. For More Information: Website: www.artprice.com | www.artmarket.com Media Inquiries: ir@artmarket.com Annual Reports: 2023 Global Art Market Report Coinpaprika
Binance Futures Introduces USD-Margined B3 USDT Perpetual Contracts
Binance Futures to Launch USD-Margined B3 USDT Perpetual Contracts ————— NFA. Coinpaprika
