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OpenAI reportedly building social network, challenging Musk’s X

OpenAI is reportedly developing a social media platform that could compete with X and Meta.The potential platform would integrate ChatGPT's image generation tools with...

Inveniam Acquires Hedgehog to Expand into Tokenized Asset Trading

Inveniam has acquired Hedgehog, a white label investment solution for tokenized real world assets, expanding beyond data into asset structuring and trading.The acquisition follows...

Pune Police Arrest Seventh Suspect in Rs1.6 Crore Crypto Trading Scam

Pune Cyber Police arrested a seventh suspect in the Rs1.6 crore online share trading fraud case.The latest accused, Dinesh Rajpurohit, collected fraudulent money and...

US Tariff Revenue Could Fund Bitcoin Purchases for Strategic Reserve

The Trump administration is considering using tariff revenue to purchase Bitcoin for the US Strategic Bitcoin Reserve.Executive Order requires Treasury and Commerce to develop...

Wolf Game CEO Steps Down After Solana Relaunch Halted Amid Backlash

Wolf Game 2.0's Solana relaunch has been halted following massive player backlash over confusing mechanics that required burning valuable NFT assets.The game's CEO has...

Tether and Circle Vie for Stablecoin Dominance as Regulations Loom

The stablecoin market is entering a third phase of competition with players like Tether and Circle positioning themselves amid increasing regulation.Banks and payment firms...

Ethena Labs exits Germany amid stablecoin compliance concerns

Ethena Labs is closing its German operations after BaFin identified compliance issues with its USDe stablecoin.The company will no longer pursue MiCAR authorization in...

Bank of England Tests Offline CBDC, Finds Technical and Security Challenges

The Bank of England tested five technology solutions for offline CBDC functionality, finding technical feasibility but significant challenges.Usability issues include separate offline/online balances, storage...

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Bitcoin longs defend $70K despite ETF outflow worries

Bullish traders are opening new long positions to defend Bitcoin's support near $70,000, evidenced by stable open interest and...

UK Sanctions HTX-Linked Entity for Russia Financial Services

The UK sanctioned Panamanian entity Huobi Global S.A. for allegedly providing financial services to firms tied to Russia.HTX claims...

Nakamoto Stock Drops 10% Post Reverse Stock Split

Nakamoto (NAKA) stock plunged over 10% on Wednesday following a recent 1-for-40 reverse stock split to meet Nasdaq's minimum...

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