Day: January 28, 2025
Bitwise has filed for a Dogecoin ETF
Bitwise has applied to the U.S. Securities and Exchange Commission (SEC) for a Dogecoin ETF. This application is significant because it is the first physically-backed structure for Dogecoin under the “33 Act.” Bitwise’s move follows its recent corporate registration in Delaware. This development comes shortly after Rex Shares submitted applications for a series of ETFs.
The Vatican Claims That Artificial Intelligence Holds the ‘Shadow of Evil’
In today’s rapidly advancing technological landscape, the Vatican has raised concerns about artificial intelligence (AI). They claim that AI carries the “shadow of evil.” This bold assertion prompts significant ethical questions about AI’s implications as it becomes more integrated into our daily lives. The document, titled “Antica et nova” (Ancient and New), received approval from
Crypto.com will remove Tether listing for EU users on January 31
Crypto.com plans to delist Tether’s U.S. dollar-pegged stablecoin, USDT, for European customers by January 31. This decision comes as part of their compliance with the Markets in Crypto-Assets (MiCA) Regulations, according to an email sent to users on January 28. The email also mentioned the delisting of several other assets, including Dai, Wrapped Bitcoin (WBTC),
Collaboration between X and Visa for X Money
Social media platform X has teamed up with Visa to launch its new service, “X Money.” Linda Yaccarino, the CEO of X, announced this partnership on her social media account. She stated that this collaboration is a significant milestone for X, which she calls an “everything app.” Yaccarino revealed that Visa will be the first
OpenAI introduced ‘ChatGPT Gov’
OpenAI Unveils “ChatGPT Gov,” a Customized AI Chatbot for U.S. Government Agencies OpenAI has announced the launch of “ChatGPT Gov,” a new AI chatbot specifically designed for U.S. government institutions. This innovative tool aims to enhance efficiency and productivity within government operations. In its announcement, OpenAI emphasized the importance of adopting AI technologies for the
Bracket introduced its new platform that simplifies liquid staking
Bracket, a DeFi platform backed by Binance Labs, has unveiled its new strategy management platform. This innovative platform aims to provide liquid staking token (LST) holders with higher staking yields on Ethereum. The feature, known as “ETH+,” addresses inefficiencies found in traditional LST liquidity pools. These pools are often fragmented, which hinders seamless yield optimization.
The first project Elon Musk discussed for DOGE has emerged
Elon Musk’s Public Efficiency Organization (DOGE) has made a significant move in the cryptocurrency world. The organization is reportedly in discussions with projects aimed at utilizing blockchain technologies. One of these projects, Movement (MOVE) token, has captured the attention of investors following recent developments. According to the latest information, DOGE is in close contact with
Market Update: Impact of DeepSeek on Technology Stocks and Economic Outlook
Yesterday, news about the Chinese AI assistant “DeepSeek” caused significant sell-offs in technology companies. In contrast, industrial firms showed a more resilient trend. Analysts predict that the market capitalization of tech companies could decline by as much as $1 trillion. Impact on Chip Manufacturers The pressure on dominant chip manufacturers, particularly Nvidia, was evident. Nvidia’s
OpenAI CEO Sam Altman’s first comment on rival DeepSeek: Impressive for its price
OpenAI CEO Sam Altman described the Chinese startup DeepSeek’s R1 artificial intelligence model as “impressive,” but emphasized that the key to OpenAI’s success lies in greater processing power. DeepSeek garnered attention by stating that it used lower-capacity Nvidia H800 chips to train its V3 model, spending less than $6 million in processing power. The recently
DeepSeek Storm: Major Wealth Losses for Billionaires in the U.S. Stock Market
The Chinese AI startup DeepSeek has caused significant turmoil in the U.S. stock market, leading to substantial losses for many prominent billionaires. One of the hardest-hit companies was Nvidia. As Nvidia’s stock plummeted by 17%, the company’s market value saw a record decline of $589 billion. This resulted in a $20.1 billion drop in the