James Howells’ $716 million Bitcoin fortune in a landfill has sparked legal battles, and his ex-partner now claims she followed his instructions to discard the hard drive. Read More at https://cointelegraph.com/news/james-howells-lost-bitcoin-landfill-twist?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Singapore Gulf Bank seeks $50M to fund stablecoin firm acquisition
Singapore Gulf Bank looks to sell equity stakes to fund product expansion and a 2025 stablecoin payments acquisition. Read More at https://cointelegraph.com/news/singapore-gulf-bank-seeks-50m-stablecoin-acquisition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sky Mavis lays off 21% of workforce, plans new Axie Infinity game
Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects. Read More at https://cointelegraph.com/news/sky-mavis-layoffs-2024-new-axie-game?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong’s largest digital bank launches retail crypto trading
Retail users in Hong Kong can now buy Ether and Bitcoin through Hong Kong’s largest virtual bank. They need an account and to undergo a risk assessment. Read More at https://cointelegraph.com/news/hk-virtual-bank-launches-crypto-trading-service-for-retail-users?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet wraps crypto media deal months after buying first Bitcoin
Japan’s Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine. Read More at https://cointelegraph.com/news/metaplanet-wraps-bitcoin-magazine-deal-months-after-first-bitcoin-buy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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. Read More at https://cointelegraph.com/news/new-satoshi-nakamoto-theory-points-to-2010-megawhale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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. Read More at https://cointelegraph.com/news/salesforce-ceo-says-future-is-agentic-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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. Read More at https://cointelegraph.com/news/bitcoin-miner-ercot-register-texas-energy-grid?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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. Read More at https://cointelegraph.com/news/elon-musk-net-worth-hits-new-record-high-348-billion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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. Read More at https://cointelegraph.com/news/desci-emerging-defi-did-around-2019-andrew-kang?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound