MicroStrategy upsizes latest stock sale to $700M to buy more Bitcoin
MicroStrategy upsizes its convertible senior notes offering to $700 million, earmarking proceeds for Bitcoin purchases and corporate purposes.
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OpenAI gets warning from Japanese regulators on data collecting
Japanese privacy watchdog warned OpenAI about collecting sensitive data without permission, threatening further action. 779 Total views 3 Total shares Officials in Japan are beginning to tighten their stance toward artificial intelligence (AI) after the country’s local privacy watchdog warned ChatGPT’s parent company about its data collection methods. On June 2, Japan’s Personal Information Protection Commission…
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The Halving Looms, Wright Plagiarizes, & Miners Face Serious Difficulties: Bad Crypto News of the Week
Only a few more days to go now before the halving! Less than a week and all those miners will be taking a giant pay cut. And it comes after a great week for Bitcoin. The price has risen by more than 6 percent over the last seven days and is now getting close to…
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Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record
ETH hits all-time highs, giving altcoins their moment in the spotlight as Bitcoin consolidates just below its "worst case scenario" monthly close target. 386 Total views 14 Total shares Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCoinbase BTC buyers step upData from…
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OneCoin marketing guru in plea talks
The "public face of OneCoin" is in plea talks for a range of charges 701 Total views 9 Total shares According to court reports from Friday, yet another suspected player behind the OneCoin ponzi scheme is now set to face justice. On Friday, counsel for marketing guru Karl Sebastian Greenwood and US prosecutors informed Manhattan Judge…
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FTX executive Wetjen calls CFTC application an opportunity for the agency to innovate
Former CFTC head Giancarlo said a “central bank mindset” is holding crypto back, and Wetjen saw the need for more entrepreneurialism in regulatory agencies. 186 Total views 3 Total shares Former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known by some as Crypto Dad during his tenure from 2017 to 2019, spoke on the…
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Decentralized AI Society plans regulatory pilot, venture fund: Co-founder
The nonprofit’s overarching goal is resisting the centralization of AI models, co-founder Michael Casey said.
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Bitcoin must cost 10X more with 10X less utility to match Tulip Mania — Investor
Bitcoin (BTC) and cryptocurrencies look nothing like the Tulip Mania of the 17th century even after their rapid gains, one macro investor says.In a tweet on Feb. 15, Dan Tapeiro, co-founder of 10T Holdings, argued that in terms of price relative to average income, Bitcoin and Ether (ETH) still have a huge way to go…
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Sotheby’s auction house is getting into the NFT game
The nonfungible token craze continues to proliferate. 1355 Total views 8 Total shares The creation and sale of nonfungible tokens, or NFTs, has become a revolution that is increasingly difficult to ignore. On March 16, British-American auction house Sotheby's announced that they too would be entering this burgeoning ecosystem with the sale of tokenized art…