New Satoshi theory suggests it’s been the ‘2010 megawhale’ all along
If Satoshi is behind the 2010 wallets, it makes sense for them to leave the 2009 wallets alone to avoid drawing attention, BTCparser said. Go to Source
Month: November 2024
Salesforce CEO says LLM ‘upper limits’ reached, future of AI is agents
We’ve all “got drunk on the ChatGPT Kool-Aid” over the past few years said Salesforce CEO Marc Benioff. Go to Source
Crypto miners in Texas’ ERCOT region are now required to report power demand
PUCT Chairman Thomas Gleeson said the new rule was designed to help manage the power grid as more mining facilities come online. Go to Source
SEC Push Against Elon Musk Stalls as Judge Denies Sanctions
A U.S. federal judge declined the SEC’s request to sanction Elon Musk over his absence from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled sanctions unnecessary as Musk testified on Oct. 3 and reimbursed the SEC $2,923 for travel expenses. The SEC argued Musk violated a May … Read more
New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn
U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative payment methods, such as using other banks or currencies, could heighten risks and complexity, driving up hydrocarbon prices. Alexander Frolov from the Institute of … Read more
Elon Musk, the world’s richest man, hits record $348B net worth
The new wealth record has been driven by a Tesla stock surge late last week and a $50 billion funding round for Musk’s AI startup. Go to Source
China Unearths Massive Gold Veins That Could Reshape Global Markets
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been discovered in Hunan Province, central China, as confirmed by the … Read more
Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan
Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings. Cantor Fitzgerald’s Crypto Strategy: A Pivotal Moment for Bitcoin’s Future Howard Lutnick, chairman and CEO of Cantor Fitzgerald, a leading global financial services firm, is reportedly working to bolster … Read more
Decentralized science is like early DeFi in 2019: Crypto VC
Mechanism Capital’s Andrew Kang said DeSci protocols will likely change their existing models before evolving into more market-ready products. Go to Source
SEC nets record $8.2B from enforcement, mostly from Terraform Labs
Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties. Go to Source
