The United States is following El Salvador’s playbook — Web3 exec
“I think the regulatory body of El Salvador and the regulatory body of the United States will talk a lot,” Michele Crivelli said. Source link
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Amazon cuts some jobs in its communications, sustainability units
A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022. Amazon is laying off some employees in its communications and sustainability units, an executive overseeing the divisions announced internally on Wednesday. In a note to staffers viewed by CNBC, Drew Hardener, who oversees public relations and…
Ripple Mints 1 Million More RLUSD Tokens as Market Cap Approaches $110 Million
San Francisco-based blockchain company Ripple has minted an additional million of RLUSD tokens, according to the latest data provided by the @RL_Tracker account. Earlier this month, the company also minted 2 million tokens on Feb. 1. As reported by U.Today, Ripple’s dollar-pegged stablecoin, surpassed $100 million in total market cap earlier this January. This milestone was…
OpenAI partners with U.S. National Laboratories on scientific research
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. Carlos Barria | Reuters OpenAI on Thursday said the U.S. National Laboratories will be using its latest artificial intelligence models…
Crypto PAC Fairshake has $116 million on hand for 2026 election
Fairshake, the super PAC bankrolled by crypto’s biggest players, announced Thursday it has $116 million in cash on hand, a war chest aimed at the 2026 midterm election cycle. The fundraising total, which includes $11 million in new contributions, cements Fairshake as one of the most influential political forces in the country. “With the…
Grayscale launches Dogecoin investment fund
The memecoin fund adds to Grayscale’s growing suite of single-asset crypto products. Source link
DeepSeek Nvidia chip questions: Singapore responds
Singapore’s Ministry of Trade and Industry (MTI) said in a statement Saturday that it expects U.S. companies to comply with U.S. export controls and local laws, following questions over the chips used by China’s DeepSeek to produce its AI model. Markets were rocked this week after DeepSeek claimed its large language model outperforms OpenAI’s but…
Tether clocks $13B in 2024 profits, US bond holdings hit all-time highs
The USDT issuer has struggled to maintain dominance in the face of competition from rivals such as Circle and its USDC stablecoin. Source link
Why LA’s water system failed during Palisades Fire
As thousands of homes started to burn across Los Angeles on Jan. 7, fire hydrants stopped working. The rapid spread of flames in winds up to 100 miles per hour was happening too quickly for water pumps to keep up. It shocked the system and those fleeing the flames. “This area is known for having…
Tesla reports $600 million profit boon from digital assets rule change
Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024. Tesla‘s bitcoin holdings led to a big pop in reported net income for the fourth quarter because of a new rule change in how companies account for digital assets. After showing a carrying value of $184 million in…
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