Openai Reportedly Mulling For-Profit Shift
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Openai Reportedly Mulling For-Profit Shift

Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out of the picture, given that it would not have control over this new venture. The shift might spur an […] Source: https://news.bitcoin.com/openai-reportedly-mulling-for-profit-shift/

T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations
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T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations

This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider and the parent company of T-Mobile, also shared plans to mine bitcoin. BTC Prague Conference: T-Mobile Owner Operates a Bitcoin Node, Plans to Mine the […] Source: https://news.bitcoin.com/t-mobile-owner-deutsche-telekom-unveils-bitcoin-and-lightning-network-node-operations/

Report Says Biden Administration, Mark Cuban, and Ro Khanna Set for Critical Crypto Roundtable
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Report Says Biden Administration, Mark Cuban, and Ro Khanna Set for Critical Crypto Roundtable

Members of the Biden administration are reportedly convening for a bitcoin and blockchain roundtable with American entrepreneur and “Shark Tank” star Mark Cuban. This news comes after presidential candidate Donald Trump vowed to “end Joe Biden’s War on Crypto.” Reported Crypto Roundtable With Biden Administration Scheduled for July The former 45th U.S. President, Donald Trump, […] Source: https://news.bitcoin.com/report-says-biden-administration-mark-cuban-and-ro-khanna-set-for-critical-crypto-roundtable/

‘Wall Street Is Greedy’: Tether Co-Founder Predicts Next ETFs After Bitcoin, Ethereum
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‘Wall Street Is Greedy’: Tether Co-Founder Predicts Next ETFs After Bitcoin, Ethereum

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Don’t expect crypto ETF momentum to slow after the approvals of spot Bitcoin and Ethereum funds in the United States: Wall Street’s “greed” will bring more…

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Claims Against Collapsed South African Bitcoin Investment Firm Rise to $84.5 Million
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JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance

A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by financial reporters Pam Martens and Russ Martens from wallstreetonparade.com, underscores the increasing concentration of profits within […] Source: https://news.bitcoin.com/jpmorgan-chase-captures-18-of-us-bank-profits-highlighting-growing-market-dominance/

Latam Insights: Paraguay Unveils Bitcoin Mining Centric Development Strategy, Itau Unibanco Rolls Crypto Trading for All Customers
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Latam Insights: Paraguay Unveils Bitcoin Mining Centric Development Strategy, Itau Unibanco Rolls Crypto Trading for All Customers

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay unveiled a bitcoin mining-centric strategy, Itau Unibanco rolled out crypto trading services for all its customers, and Worldcoin decided to establish a hub in Argentina. Paraguayan Minister Unveils Future Economic Strategy Centered […] Source: https://news.bitcoin.com/latam-insights-paraguay-unveils-bitcoin-mining-centric-development-strategy-itau-unibanco-rolls-crypto-trading-for-all-customers/