AI companies used to measure themselves against industry leader OpenAI. No more. Now that China’s DeepSeek has emerged as the frontrunner, it’s become the one to beat. On Monday, DeepSeek turned the AI industry on its head, causing billions of dollars in losses on Wall Street while raising questions about how efficient some U.S. startups—and venture capital— actually are. Now,…
Month: January 2025
Bitcoin Gets a Meme Coin Launchpad Like Pump.fun—Can It Boost Runes?
The founders of Bioniq, a marketplace for Bitcoin-based collectibles, launched Odin.fun Thursday—aiming to reinvigorate a tepid Runes meme coin market by mirroring Solana’s immensely popular Pump.fun token launchpad. Letting users launch Bitcoin-based meme coins in a way that parallels the popular Solana app, Odin.fun was designed around speed, Bioniq CEO and co-founder Bob Bodily told Decrypt. The platform features two-second…
Norway Indirectly Holds 3,821 BTC, According to K33 Research
The country’s giant sovereign wealth fund holds over $500 million in Microstrategy shares and similar stakes in other bitcoin-focused companies such as Coinbase. Norwegian Pension Fund Increases Its Bitcoin Exposure by 153% The $1.8 trillion Norwegian Government Pension Fund Global (GPFG) increased its indirect bitcoin (BTC) exposure by 153% in 2024, according to crypto research […] Source: https://news.bitcoin.com/norway-indirectly-holds-3821-btc-according-to-k33-research/
Bitcoin rallies above $106K but 3 key actions must happen for new all-time highs
Bitcoin kicked off 2025 with a bang, but a fresh set of factors needs time to congeal before BTC price can chase new highs. Source: https://cointelegraph.com/news/bitcoin-rallies-above-106-k-but-3-key-actions-must-happen-for-new-all-time-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
India to launch generative AI model in 2025 amid DeepSeek frenzy
Union IT Minister Ashwini Vaishnaw said he is not worried about US export controls on high-performance computing chips from Nvidia. Source: https://cointelegraph.com/news/india-launch-generative-ai-2025-deepseek?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arkansas Senate rejects mining facility zoning restriction bill
The original bill argued that mining facilities could pose a national security risk by compromising US military installations. Source: https://cointelegraph.com/news/arkansas-senate-rejects-mining-restriction-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether’s USDT Is Coming to Bitcoin and the Lightning Network
Tether, the world’s largest stablecoin issuer, is coming to Bitcoin. USDT, the company’s dollar-backed stablecoin, will soon be fully functional across both Bitcoin’s base layer and the Lightning Network, a Bitcoin scaling network, Tether CEO Paolo Ardoino announced onstage Thursday at a Bitcoin conference in El Salvador. The integration marks a significant milestone for both Tether and Bitcoin, two dominant…
Metaplanet to buy 21K Bitcoin, Korean exchange users up 450%: Asia Express
Japan’s Metaplanet set to become third largest corporate holder of Bitcoin, as new Korean exchange accounts surge 450%. Asia Express Source: https://cointelegraph.com/magazine/metaplanet-buy-21000-bitcoin-korean-exchange-users-450-percent-increase-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UFC Instagram Hack Pummels Buyers of Illegitimate Solana Meme Coin
Popular mixed martial arts organization the UFC had its Instagram hacked on Wednesday, as a fraudulent post promoted an unauthorized Solana meme coin that rapidly soared to an $11 million market cap. That’s before the attackers sold their 40% supply, of course, profiting $1.4 million in the process—that’s more than Khamzat Chimaev earned at UFC 308. This pump-and-dump has left…
Securitize Partners With Apollo to Offer Blockchain-Based Credit Fund Access
Apollo Global Management and Securitize have launched a tokenized feeder fund enabling blockchain-based access to Apollo’s $2.4 billion Diversified Credit Fund across six blockchain networks. Apollo, Securitize Launch Tokenized Credit Fund Across Six Blockchains The Apollo Diversified Credit Securitize Fund (ACRED) will provide exposure to Apollo’s global credit strategy, which includes corporate direct lending and […] Source: https://news.bitcoin.com/securitize-partners-with-apollo-to-offer-blockchain-based-credit-fund-access/