SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker’s largest financial backer, according to initial reporting from the Financial Times on Wednesday evening. If the deal goes through, the investment would eclipse Microsoft’s $13 billion stake and mark SoftBank’s most ambitious artificial intelligence bet to date.…
The former regulator had previously won the MIT Sloan Outstanding Teacher Award for the 2018-19 academic year. Former SEC Chairman Named MIT “Professor of the Practice” Before Gary Gensler became the SEC Chairman, he was teaching crypto at MIT, and on Monday, the university announced that Gensler would return to “teach and conduct research on […] Source: https://news.bitcoin.com/gary-gensler-to-teach-financial-technology-at-mit/
A Chinese court found BKEX’s crypto contract trading functioned as illegal gambling, sentencing employees to prison for facilitating unauthorized betting. Source: https://cointelegraph.com/news/chinese-court-bkex-illegal-gambling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC price upside hurdles appear to tumble as Bitcoin trader optimism makes a firm comeback at $105,000. Source: https://cointelegraph.com/news/rate-cut-bitcoin-traders-new-all-time-highs-coming-weeks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeepSeek has demonstrated the potential to develop cutting-edge AI models with significantly lower resource requirements compared to major players like OpenAI. Source: https://cointelegraph.com/explained/deepseek-explained-what-it-is-and-how-it-works?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Illinois’ HB1844 bill proposes a state-run Bitcoin reserve with a mandatory five-year holding period before allowing conversions or sales. Source: https://cointelegraph.com/news/illinois-bitcoin-strategic-reserve-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitso, the Latam-focused cryptocurrency exchange, has launched a stablecoin startup accelerator program. ‘The Push’ will support five stablecoin projects based in or planning to establish themselves in Latam, providing each with $250K to capitalize on the growing popularity of stablecoins in the region. Bitso to Support Stablecoin Innovation in Latam With ‘The Push’ With the […] Source: https://news.bitcoin.com/bitso-launches-stablecoin-startup-accelerator-the-push/
Bitcoin’s rising market dominance is fueled by strong ETF inflows, political momentum in the US, and Ethereum’s continued multi-year slump against BTC. Source: https://cointelegraph.com/news/bitcoin-leaving-crypto-2025-despite-altseason-calls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoins are emerging as the financial backbone of AI-driven economies, enabling seamless, autonomous transactions. From human-to-agent interactions to fully autonomous agent-to-agent ecosystems, stablecoins power the future of self-driving economies. Source: https://cointelegraph.com/news/money-that-machines-trust?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Visa has invested over $10 million in African fintech Moniepoint, joining its Series C funding round, which now exceeds $120 million. Moniepoint provides banking, credit, and payment services to businesses and individuals in Africa. The investment aims to drive financial inclusion and support SME growth across the continent. Moniepoint processes over 1 billion transactions monthly, […] Source: https://news.bitcoin.com/nigerian-fintech-moniepoint-secures-over-10m-investment-from-visa-eyes-expansion-in-africa/
