September, 2024

All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’
Image: Canoo Days after furloughing dozens of its employees without pay, EV startup Canoo told the remainder of its staff they will be on a “mandatory unpaid break” through at lea...

VanEck Argues That a Strategic Bitcoin Reserve Could Slash US Debt 36% by 2050
VanEck, a leading asset management firm, has recently projected that the United States could significantly cut its national debt by as much as 36% by 2050 through adopting a Strategic Bitcoin Reserve....

Bitcoin’s (BTC) $2.25 Billion Exchange Outflow May Fuel Its Return to an All-Time High
Bitcoin (BTC) has experienced a 5% dip over the past week. As of this writing, the leading coin trades at $96,905, below the key $100,000 price level. Interestingly, the recent decline has not spar...

Unintended consequences: U.S. election results could vastly accelerate AI development
AI accelerationists have won as a consequence of the election, potentially sidelining those advocating for a more cautious approach.Read More...

Securitize proposes adding BlackRock’s BUIDL token as Frax USD stablecoin backing
Frax's upcoming frxUSD stablecoin would follow in the footsteps of stablecoins such as Ethena's USDtb in adopting BUIDL as a backing asset. ...

Funniest/Most Insightful Comments Of The Week At Techdirt
This week, our first place winner on the insightful side That One Guy with a comment about Congress ignoring bills to protect the press: Gee, I wonder why they’d fear honest reporting so much… Wh...

Rich Dad Poor Dad Author Warns World About To Crash Financially, Calls Bitcoin a ‘Best Asset’ for Your Money
Rich Dad Poor Dad author Robert Kiyosaki believes that the world is in trouble amid a financial system that runs on inflation and currency debasement. Kiyosaki tells his 2.6 million followers on the s...

India Forms ‘Tip of the Spear’ for Global eCommerce Growth
The world’s most populous country is also one of the most attractive for eCommerce investors. “It’s the tip of the spear of growth,” for that sector, EMQQ Global Founder Kevin Carter told CNBC...

Bluesky Clouded by Scammers as Social Platform’s Popularity Grows
Bluesky’s rising popularity in the social media space is not without growing pains. The platform, seen as an alternative to Twitter/X, now has close to 25 million users, NBC News reported Sunday (De...

OpenAI Preps AI Model With Improved Humanlike Reasoning
OpenAI is reportedly readying an artificial intelligence (AI) model offering more evolved humanlike reasoning. The company’s o3 model devotes more time to computing an answer before replying to user...

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September, 2024

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