Tariffs, inflation, soaring interest rates and a weakening dollar are colliding in what economist Peter Schiff warns could trigger a financial collapse worse than 2008. Peter Schiff: US Nearing Historic Financial Collapse as Economic Signals Flash Red Economist and gold advocate Peter Schiff issued a dire warning Monday, arguing that the U.S. is on the […] Source: https://news.bitcoin.com/peter-schiff-warns-of-crisis-worse-than-2008-as-tariffs-inflation-and-fed-policy-collide/
According to current metrics, at around 6 p.m. ET on March 31, the Bitcoin blockchain experienced a curious decline in transactional throughput, with blocks failing to reach optimal capacity. Beginning at block 890,138, a sequence of more than a couple dozen blocks exhibited diminished size, deviating from the network’s typical operational rhythm. Where Have All […] Source: https://news.bitcoin.com/bitcoins-transaction-drought-network-fees-hit-1-satoshi-per-transfer-as-mempool-clears/
OpenAI said Monday it has secured an additional $40 billion in funding to support research and development, as the tech powerhouse looks to strengthen its lead in the artificial intelligence sector. Japanese conglomerate SoftBank led the funding round, as well as contributions from other investors, including longtime partner Microsoft, OpenAI said in a blog post. Decrypt has reached out to…
The U.S. could anchor its financial future to bitcoin under a bold new plan pushing a national reserve—“buy, baby, buy,” urges a senator as debt explodes. US Senator Demands Action on BITCOIN Act as Debt Soars—Time to ‘Buy, Baby, Buy,’ She Says U.S. Senator Cynthia Lummis (R-WY) is ramping up pressure for Congress to pass […] Source: https://news.bitcoin.com/us-senator-pushes-bitcoin-act-to-combat-debt-and-declining-dollar-urges-nation-to-buy-baby-buy/
When DNA testing company 23andMe announced last week that it would file for bankruptcy, a wave of speculation followed. What would happen to the troves of sensitive genetic data from over 15 million people worldwide that it had collected over the years? On Thursday, layer one blockchain developer Sei Network announced on X that its governing body, the Sei Foundation,…
The GUN token tied to popular battle royale game Off the Grid launched Monday with the mainnet rollout of the Avalanche L1-based GUNZ gaming network. And ahead of the in-game mainnet integration, GUN has continued to fall in value over the course of the day. GUN is currently priced just above $0.76, down over 24% since launch per data from…
Nigeria has taken a significant step towards regulating cryptocurrencies with the signing of the Nigerian Investments and Securities Act (ISA) 2025 into law. Cryptocurrency Officially Recognized As Asset Class The Nigerian Investments and Securities Act (ISA) 2025, recently signed into law by President Bola Ahmed Tinubu, has effectively ended the uncertainty surrounding the status of […] Source: https://news.bitcoin.com/sec-nigeria-to-regulate-virtual-asset-service-providers-under-new-law/
AI enthusiasts, your prayers have been heard. OpenAI is jumping back into the open tech AI arena with plans to release a powerful open-weight language model with reasoning abilities in the coming months, CEO Sam Altman said on Monday. “We are planning to release our first open-weight language model since GPT-2,” Altman wrote in a post on X. “We’ve been…
North Korean cyberwarfare attacks on the cryptocurrency industry are growing in sophistication and in the number of groups involved in such criminal activity, crypto firm Paradigm warns in report titled “Demystifying the North Korean Threat.” North Korea-originated cyberattacks range from assaults on exchanges and social engineering attempts to phishing attacks and complex supply chain hijacks, the report says. In some…
Minecraft-esque crypto voxelverse and world-building game Hytopia is asking creators to build web-based mini-games with its development kit and help from AI, offering cash prizes to the creators of the best three games in a new artificial intelligence “vibe coding” competition. The competition will be open for the next 14 days, after which judges will take a week to evaluate…
