The $50 million hack sent shockwaves across the defi community with funds authorized to different projects completely drained. $50 Million Hack a Stark Warning for the Defi Industry The complexity and precision of a recent attack on Radiant Capital, a decentralized cross-chain lending protocol built on Layerzero has exposed another layer of vulnerability, even in […] Source: https://news.bitcoin.com/radiant-capital-hack-how-hackers-used-a-pdf-to-steal-50-million/
Following Gary Gensler’s resignation, Paul Atkins was nominated to take over as the new Chairman of the SEC—the approval of which would mark his return to the Commission after a 17-year hiatus and could mark a drastic change for the crypto industry and digital assets. The following opinion editorial was written by Alex Forehand and […] Source: https://news.bitcoin.com/atkins-and-sacks-pioneers-of-crypto-regulation/
A crypto analyst warns that Bitcoin’s price could face volatility if the highly anticipated United States Bitcoin Strategic Reserve bill gets passed. Source: https://cointelegraph.com/news/bitcoin-price-volatility-strategic-reserve-bill-united-states-crypto-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chi Zhang, CEO of Kite AI, criticizes both the European Union (EU)’s and US’ approaches to regulating artificial intelligence (AI). David Sacks’ Appointment Boosts AI, Crypto Chi Zhang, COO at Kite AI, believes the EU’s law on AI, while enacted with good intentions, could “impose burdensome compliance on smaller innovators.” Conversely, the United States “more […] Source: https://news.bitcoin.com/big-data-expert-current-ai-regulations-hinder-progress-david-sacks-appointment-a-positive-step/
Suchir Balaji, a 26-year-old ex-employee of OpenAI who went public with allegations that the company unethically used data to train its artificial intelligence platform, was found dead in his San Francisco apartment in an apparent suicide, according to a report by Techcrunch. Balaji worked as a researcher for the OpenAI technical staff from November 2020 to August 2024. He made…
A senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy. The Pro-Crypto Leader Poised to Shape US Fiscal Policy U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager Scott […] Source: https://news.bitcoin.com/us-senator-new-treasury-secretary-will-champion-digital-assets/
Nasdaq has announced that Michael Saylor’s MicroStrategy will be added to the Nasdaq-100 index. Source: https://cointelegraph.com/news/michael-saylor-microstrategy-mstr-stock-nasdaq-100?utm_source=rss_feed&utm_medium=rss%3F&utm_campaign=rss_partner_inbound
Nasdaq has announced that Michael Saylor’s MicroStrategy will be added to the Nasdaq-100 index. Source: https://cointelegraph.com/news/michael-saylor-microstrategy-mstr-stock-nasdaq-100?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microstrategy’s bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $13 million, solidifying its dominance in high-stakes investing. 500% Stock Gains, $13M Bitcoin Projection: Microstrategy’s Wild Ride Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart illustrating the performance of Microstrategy’s stock against other major investments on Thursday. Since […] Source: https://news.bitcoin.com/microstrategy-stock-soars-as-bitcoin-outshines-real-estate-gold-bonds/
MicroStrategy officially joined the Nasdaq 100 on Friday, cementing its place among an elite group of companies. Nasdaq announced the listing in a press release detailing the annual changes to the Nasdaq-100 index. MicroStrategy’s MSTR stock rose on news of the listing in after-hours trading 0.57% and is currently trading at $411.00, starting the day at $400.07, according to MarketWatch.…
