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MicroStrategy’s STRK Stock Sale Raises $563M at 20% Discount, Mixed Market Reception

MicroStrategy raised $563.4 million through preferred stock offering, exceeding their $250 million target. The company offered shares at $80 despite a $100 liquidation preference, representing...

Nebraska Committee to Address Crypto Kiosk Scams Targeting Seniors

Nebraska's Banking Committee scheduled hearing on cryptocurrency kiosk regulations to combat rising fraud cases. Proposed bill LB 609 aims to implement licensing requirements, transaction limits,...

OpenAI Alleges Chinese Rival Used Unauthorized Model Training Methods

Chinese AI firm DeepSeek claims to match leading AI models at 95% of competitor costs, though cost transparency remains disputed. OpenAI alleges DeepSeek employed model...

Sphere Entertainment Denies Dogwifhat Deal, Calls Marketing Claims ‘Fraudulent’

Las Vegas Sphere officially denies any agreement with Dogwifhat (WIF) for advertising display. WIF organizers collected nearly $700,000 from community members for proposed Sphere advertisement. Recent...

Nebraska Lawmakers to Address Crypto Kiosk Scams Targeting Seniors

Nebraska Legislature considering new regulations for cryptocurrency kiosks to combat rising fraud cases. FBI reported over 5,500 crypto kiosk-related complaints in 2023, with losses exceeding...

Fed Chair Powell: Banks Can Serve Crypto Customers If Risks Are Managed Safely

Federal Reserve Chair supports banks offering cryptocurrency services when conducted safely and soundly. Powell emphasizes the Fed is not against innovation but requires higher standards...

Theta EdgeCloud Expands Academic Reach, Adds Three Major Universities in U.S., Asia

Theta EdgeCloud expanded its infrastructure with persistent storage capabilities and GPU node reconfiguration features. Three major academic institutions joined as EdgeCloud customers: Michigan State University,...

Privacy Concerns Mount as DeepSeek AI Faces Global Regulatory Scrutiny

Privacy regulators in multiple countries launch investigations into DeepSeek's data protection practices. Italy becomes first EU nation to ban the Chinese AI application over insufficient...

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AI Agent ‘Accidentally’ Sends $441K in Crypto Beggar Scam

An AI agent named Lobstar Wilde accidentally sent over $441,780 worth of tokens to a stranger who asked for...

Bitcoin Crash Sparks Extreme Fear, $458M Liquidated

Bitcoin plunged over 4% to $64,300, triggering $458 million in trader liquidations.The Crypto Fear and Greed Index fell back...

Curve Founder Says Disagreements Signal a Healthy, Active DAO

Disagreements signal an engaged community and prevent governance apathy, according to Curve Finance founder Dr. Michael Egorov.High voter turnout,...

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