SoftBank subsidiary to develop semiconductor chips, reports profits after AI shift
The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI.
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Elon Musk tells advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’
Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times.Speaking at the 2023 DealBook Summit in New York on Nov. 29, Elon Musk, the owner of micro-blogging platform X (formerly Twitter), lashed out at advertisers leaving the

Price analysis 4/21: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000. BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes believes it may be the “last chance” to buy Bitcoin below

Trader loses $68M in address poisoning scam
The attack caused the unknown trader to lose over 97% of their crypto holdings.

Financial Services Giant Morningstar Rates its First Ethereum-Based Security
Financial services giant Morningstar has valued the securities of U.S. restaurant chain Fatburger — the first Ethereum-based security ranked by the firm.Forbes reported on Mar. 8 that Fatburger‘s $40 million business securitization valued by Morningstar involved securities issued on Ethereum’s blockchain.Per the report, Morningstar’s rating itself is on traditional paper debt security, the rating firm…

Bitcoin core developer steps back from Lightning Network over “hard dilemma”
Antoine Riard believes the Bitcoin community faces a "hard dilemma" as a new class of replacement cycling attacks threatens the Lightning Network. 618 Total views 1 Total shares Security researcher and developer Antoine Riard is stepping down from the Lightning Network’s development, citing security issues and fundamental challenges to the Bitcoin ecosystem. According to a thread

Shopping with Crypto: More Than 240 Locations in Slovenia Accept Payment Via New App
The team behind a mobile application enabling shoppers to pay with crypto at online and brick-and-mortar stores has unveiled new features and a redesign — enabling consumers to shop as post-New Year sales are in full swing.Eligma, a startup dedicated to smart commerce and blockchain advocacy, says the latest version of its Elipay app has…

Breaking: Founder of Crypto Exchange OKEx Allegedly Detained on Crypto Fraud Charges in China
Star Xu, the founder of exchange services provider OKCoin and the world’s second-largest crypto exchange OKEx, has allegedly been detained in China in relation to suspected digital currency fraud, local news outlet Sina News reports September 11.According to the news outlet, Xu is currently being held in the Shanghai Weifang Xincun police station, and will…

Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.