Author: admin
In brief Elon Musk warned users, “Don’t let your loved ones use ChatGPT” after a post claimed the chatbot has been linked to nine deaths, including five suicides. Sam Altman responded by pointing to over 50 deaths “apparently” related to Tesla’s Autopilot, calling Musk’s criticism hypocritical. The clash comes as OpenAI faces multiple wrongful death lawsuits, with one filed last month linking the AI chatbot to a homicide. OpenAI CEO Sam Altman has hit back at Elon Musk after the Tesla chief publicly warned against using ChatGPT.Altman accused Musk of hypocrisy after he cited deaths allegedly linked to the AI…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strategy continues to dominate as the largest Bitcoin treasury company. This time, the company has expanded its holdings, crossing 700,0000 BTC in the process, and currently holds over 3% of the total Bitcoin supply. Strategy Now Holds 3.4% Of Bitcoin Supply As Holdings Top 700,000 BTC Michael Saylor’s Strategy now holds approximately 3.4% of the total Bitcoin supply as the company increased its holdings to over 700,000. In a press release, the company revealed that it acquired 22,305 BTC for $2.13 billion at an average price of…
In brief Galaxy plans to launch a $100 million hedge fund in Q1 2026 with the ability to take long and short positions. The fund has secured commitments from family offices, high-net-worth investors, and institutions, with Galaxy making a seed investment of undisclosed size. Bitcoin is trading at $88,375, down 3.1% on the day and 7.1% over the past week, according to CoinGecko data. Crypto entrepreneur and billionaire Mike Novogratz’s firm Galaxy is launching a $100 million hedge fund in the first quarter of this year that will take both long and short positions, as Bitcoin tumbles from its October…
Bermuda wants to become the world’s first “fully on-chain national economy.”The announcement, delivered jointly by the island’s government, Circle, and Coinbase on Jan. 19, frames the initiative as the deployment of digital asset infrastructure across government agencies, local banks, insurers, small businesses, and consumers, with USDC positioned as the primary payment rail.The pitch: fast, low-cost, dollar-denominated settlement replacing expensive legacy systems.However, strip away the marketing gloss, and what’s actually on the table is something narrower and more instructive: a pilot-driven modernization of payment rails in a small, high-cost economy where traditional card networks extract hefty fees and where experimentation carries…
In brief Axie Infinity surged 89% this week following a major tokenomics overhaul aimed at reviving its game economy. One analyst attributes the rally to project-specific news, rather than a broader capital rotation into gaming tokens. Experts agree that a true GameFi revival requires a fundamental increase in token utility and user demand. Axie Infinity, The Sandbox, and other gaming tokens have notched significant gains as Bitcoin trades lower amid escalating global liquidity threats.Over the past 24 hours, Axie Infinity is up 16.7%, bringing its weekly gains to 88.5%, according to CoinGecko data. Over the past week, The Sandbox has…
When the Ethereum Foundation dropped a thread on Jan. 19 claiming “Ethereum is the #1 choice for global financial institutions” and backing it with 35 cited examples, it moved past the standard protocol update or developer announcement.It read like institutional marketing: a ranked claim, a curated evidence stack, and a call-to-action funnel pointing readers to an owned landing page where financial institutions can browse live metrics and click “Get In Touch.”That shift in tone and structure matters because it signals something more strategic than routine developer communications.The Foundation is documenting what’s happening on Ethereum while also actively fighting for control…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure House of Doge, the Dogecoin Foundation’s official corporate arm, says it is building a new mobile app called “Such” that aims to make it easier for users to hold and spend DOGE while giving small merchants and independent sellers tools to accept it in day-to-day commerce. In a post on X and a January 20 press release, House of Doge said Such is expected to launch in the first half of 2026 and will pair a self-custodial wallet with transaction tracking and a commerce feature branded “Hustles,”…
In brief Google.org will invest $2 million to help train more than 100,000 artists in foundational AI skills through courses, scholarships and a new fellowship. The funding creates an AI Literacy Alliance with The Gotham and Film Independent, led by the Sundance Institute. The move comes as Hollywood debates AI’s role, amid calls for clearer rules on consent and creative control. Google.org, the philanthropic arm of Google, said it is investing $2 million in the Sundance Institute to train more than 100,000 artists in foundational AI skills, arriving as creators and technologists push for clearer, enforceable rules governing how artificial…
In brief The White House crypto council director warned that rejecting market-structure legislation outright risks tougher regulation later, particularly under a future Democratic Congress. Coinbase’s opposition to the CLARITY Act has sharpened divisions within the crypto industry over whether to accept imperfect rules now or wait. Disagreement centres on how the bill would treat stablecoin yield and rewards, with critics warning vague definitions could restrict compliant models. On Tuesday, the executive director of the President’s Council of Advisors on Digital Assets took aim at Coinbase’s decision last week to withdraw support for the Senate’s crypto market structure bill, in the…
In brief Japanese government bond yields surged at a pace not seen since 2022, spilling into U.S. Treasurys and jolting global rates markets. Treasury Secretary Scott Bessent called the move a “six-standard-deviation” shock, underscoring how abruptly volatility returned to sovereign debt markets. Attention now turns to the Bank of Japan, where any move to stabilize bonds risks tightening global liquidity, pressuring digital assets. Turmoil in Japan’s bond market on Tuesday spilled across global markets, dragging cryptocurrencies lower as higher Japanese yields threatened to unwind a long-standing source of cheap global funding.The Nikkei index fell 2.5%, and the S&P 500 index…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A governance vote that moved this week has left many WLFI holders upset. Some feel they were shut out while a small group pushed the plan through. The divide is loud online and on chain. Locked Tokens Leave Many Without A Voice Reports say about 80% of WLFI tokens sold to investors remain locked, which meant most holders could not take part in the vote over the treasury move. That gap in voting access has become the focus of criticism. People who bought early and still cannot…
In brief Pending crypto legislation could strain the agency’s capacity, the CFTC inspector general said. Agency staffing fell about 21.5% from fiscal 2024 to 2025. Regulators may limit crypto prediction markets to existing derivatives frameworks, Decrypt was told. Lawmakers are weighing whether to hand the Commodity Futures Trading Commission a sweeping new role in overseeing crypto markets at a time when the agency is smaller, thinner, and already under internal strain.In a report on Tuesday, the Office of Inspector General identified digital asset regulation as a top management and performance risk for fiscal year 2026, citing pending legislation that could…
January 20, 2026 – New York, United States Sonami (SNMI) announced the launch of the Sonami Token presale, introducing an early-access opportunity for supporters to participate in an ecosystem designed to expand performance, usability and liquidity across the Solana landscape. The presale includes a staking program offering 53% staking rewards, positioning Sonami for community-led growth as it builds toward a Solana layer-two network roadmap. Sonami aims to combine fast settlement, scalable throughput and user-friendly tooling – targeting a network experience optimized for builders, traders and everyday users. As demand rises for lower fees, smoother user journeys and reliable scalability, Sonami’s…