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JUST IN: Bybit releases a blacklisted wallets API to aid white hat hackers attempting to recover funds from the recent Lazarus Group hack. https://t.co/L5YojgibMI
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🗞️ Need to catch up on the news? Here's our top 10 from today:
🔸Utah’s Bitcoin Reserve Bill (HB230) just cleared the Senate Revenue & Taxation Committee, moving one step closer to making Utah the first state with a Bitcoin Reserve.
🔹The SEC has approved Figure Markets’ YLDS, the first interest-bearing stablecoin registered as a public security, offering a 3.85% annual yield.
🔸The US Senate has confirmed pro-Bitcoin Kash Patel as the next Director of the FBI.
🔹Solana’s SIMD 96 update boosted inflation by 30.5%, raising it from 3.6% to 4.7%, as 100% of fees now go to validators, cutting SOL burns from 17,700 to 1,000 SOL.
🔸SEC launches the Cyber and Emerging Technologies Unit to combat misconduct in emerging tech like AI, blockchain, and crypto.
🔹The European Central Bank unveils plans for a blockchain-based payment system.
🔸Strategy $MSTR announces pricing of $2B in convertible senior notes.
🔹Kraken saw a 39% surge in regulatory data requests in 2024, with the FBI and SEC among the top US agencies requesting user data.
🔸JPMorgan warns of downside risk for crypto as institutional demand for $BTC and $ETH futures weakens.
🔹The Bitcoin Strategic Reserve Act gains momentum in the US, with 20 states initiating legislation, and 15 bills now in House committee review.
Boas notícias, amigos! 👋
Plume is spearheading RWAfi's entry into LATAM with @MercadoBitcoin. In their first blockchain and RWA initiative, Mercado Bitcoin will tokenize $40M in assets on Plume, unlocking direct access to yield opportunities in Brazil.
Last week, we bought back $1,000,000+ of $DEFI.
We'll buyback $25 of $DEFI more for every retweet here.
Can we make a new $1M+ buyback happen? Twitter, do your thing.
We just bought back another ~$250,000 of $DEFI.
Should we buyback a total of $1,000,000 of $DEFI next week?
https://t.co/To4b3ZfcZg
The DeFi Renaissance is happening now, and $DEFI is leading the way.
$DEFI will expand to DeFAI? More details coming soon 🤫
Announcing The Stargate Project
The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world. This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies.
The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will be the chairman.
Arm, Microsoft, NVIDIA, Oracle, and OpenAI are the key initial technology partners. The buildout is currently underway, starting in Texas, and we are evaluating potential sites across the country for more campuses as we finalize definitive agreements.
As part of Stargate, Oracle, NVIDIA, and OpenAI will closely collaborate to build and operate this computing system. This builds on a deep collaboration between OpenAI and NVIDIA going back to 2016 and a newer partnership between OpenAI and Oracle.
This also builds on the existing OpenAI partnership with Microsoft. OpenAI will continue to increase its consumption of Azure as OpenAI continues its work with Microsoft with this additional compute to train leading models and deliver great products and services.
All of us look forward to continuing to build and develop AI—and in particular AGI—for the benefit of all of humanity. We believe that this new step is critical on the path, and will enable creative people to figure out how to use AI to elevate humanity.