Elon Musk 'shot down' OpenAI's ICO plan in 2018 over credibility concerns
According to a court filing, Elon Musk said that the proposed initial coin offering (ICO) “would simply result in a massive loss of credibility for OpenAI.” Source link
Polymarket’s Probe Highlights Challenges of Blocking U.S. Users (and Their VPNs)
Aaron Brogan, a crypto industry lawyer, said that hypothetically, a company could strengthen IP address blocks by incorporating GPS data from users’ mobile devices, “but this might be impractical in commercial use.” A customer using a laptop without a GPS, for example, might have a hard time logging on without two-factor authentication. Source link
Crypto for Advisors: Post-Election Review
A week after the election, crypto sentiment remains strong. Polymarket, bitcoin and a possibly more efficient and crypto-positive government are all tailwinds to look forward to. Source link
Early Bitcoin Whale Returns 1,491,666,566% Gains: Details By U.Today
U.Today – A investor from BTC’s early days has resurfaced, achieving an astronomical 1,491,666,566% gain on their holdings. This incredible return stems from a hoard of 2,000 BTC, originally purchased at a low price of $0.06 per Bitcoin. According to Bitcoin historian Pete Rizzo, an anonymous Bitcoin investor moved 2,000 BTC, now worth $179 million. “Someone just sent 2,000 Bitcoin worth $179,000,000. They held between $0.06 and $90,000,” Rizzo noted
Tether mints $1 billion USDt on Tron, pays zero fees — Arkham
According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation. Source link
Binance Launchpool Announces Support for New Native Token of Decentralized Fiat Stablecoin Issuer
Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a decentralized fiat stablecoin issuer. Binance Launchpool, which lets users stake coins to farm new assets, says its 61st project will be Usual, a stablecoin issuer that aims to redistribute protocol ownership and governance through its native USUAL token. Explains the project, “Unlike Tether and Circle, which generated over $10B in
UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology
Finance Minister Rachel Reeves will unveil the digital gilt instrument pilot, a “Financial Services Growth and Competitiveness Strategy,” measures to regulate Environmental, Social and Governance (ESG) ratings providers and measures to regulate pension mega funds during her first Mansion House speech on Thursday. Gilts are U.K. issued government bonds. Source link
Six US Banks Issue Urgent Debit Card Alerts, Forcing Mandatory Replacements for Many, After Third-Party Security Breach
Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements. In new filings with the Massachusetts state government, Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank and Webster Five Cents Savings Bank and Eagle Bank say some debit cards may have been compromised following a security breach of a merchant’s payment card platform. A copy of a notice sent
How Tokenized Money Market Funds Dulled the Stablecoin Star
Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money market funds to steal thunder, says Aaron Kaplan, co-CEO of Prometheum. Source link
Ripple CEO Garlinghouse Highlights Reason Behind XRP Rally
Ripple CEO Brad Garlinghouse has linked the recent surge in XRP price to growing optimism about regulatory clarity in the U.S. In an interview with FOX Business, Garlinghouse emphasized the importance of a more balanced approach to crypto regulation under the new administration. He noted that U.S.-linked cryptocurrencies, including Solana (SOL) and Cardano (ADA), have experienced significant growth since Election Day. Ripple CEO Lauds Trump as a “Crypto President” Amid
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