Internal notes from early discussions between Elon Musk and the founders of OpenAI show that Musk briefly supported the idea of an initial coin offering (ICO) as a way to fund the organization, before abandoning the plan and ultimately leaving the project. According to call transcripts published as part of OpenAI’s response to Musk’s lawsuit,
Tokenization is now the fastest-growing sector in the crypto ecosystem, according to Token Terminal. The frontier has experienced remarkable growth in the last few years due to the influx of financial institutions such as BlackRock and J.P. Morgan. Tokenized assets now emerge as a rapidly evolving sector in the crypto ecosystem. The sector has attracted
Conflux Network and AutoStaking have formed a strategic alliance that combines AutoStaking’s intelligent yield optimization technology with Conflux’s powerful Layer-1 infrastructure. They aim to develop creative solutions that will expand the relationship between traditional commerce and decentralized finance. Combining AI Intelligence and Blockchain Scalability AutoStaking makes DeFi simplified with an AI-based wealth manager that can
Strive’s acquisition of Semler vaults the firm into the top tier of corporate bitcoin holders, amassing nearly 12,800 bitcoin as it accelerates an aggressive treasury strategy alongside a growing healthcare business. Strive–Semler Deal Creates 12,798 Bitcoin Balance Sheet, Signals Aggressive Treasury Expansion A major corporate transaction has reshaped a bitcoin-focused balance sheet. Strive Inc. (Nasdaq:
THORSwap, a renowned decentralized exchange (DEX), has unveiled a new cross-chain integration through the L1 blockchain NEAR Protocol. Specifically, THORSwap is extending the cross-chain trading network by integrating Bitcoin Cash ($BCH) via NEAR Intents, the abstraction layer of NEAR Protocol. As per THORSwap’s official social media announcement, the upgrade provides complete Bitcoin Cash ($BCH) swap
Sentora’s terse X post on Friday cut to the chase: “This week saw a massive shift towards BTC accumulation with -$1.65 billion in net outflows from exchanges. This indicates a strong preference for cold storage holding, effectively creating a supply shock that removes significant liquidity from the sell-side order books.” The datapoint, echoed by the
President Donald Trump publicly signaled hesitation about moving Kevin Hassett to the Federal Reserve, casting doubt on Hassett’s chances to succeed Jerome Powell as Fed Chair. Speaking at a conference, Trump said he wants to keep Hassett in his current role, citing concerns about losing a trusted adviser if Hassett were sent to the Fed.
Capital One Financial Corporation has received preliminary court approval for a $425 million settlement to resolve a class-action lawsuit involving interest rate payments on savings accounts, according to the settlement administrator’s portal. Summary Capital One received preliminary court approval to settle a class-action lawsuit over alleged underpayment of interest on 360 Savings accounts from 2019–2025.
A Bitcoin user lost funds after sending cryptocurrency to a compromised wallet that used a transaction identifier from a coinbase block reward as its private key. Summary A Bitcoin user sent 0.84 BTC to a compromised wallet whose private key was derived from a block 924,982 coinbase transaction identifier, exposing it to theft. Automated programs