Tag: Blockchain
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Bitcoin ETFs Experience First Net Outflows in Over a Week Amid Geopolitical Tensions and Macroeconomic Concerns.
U.S.-listed spot Bitcoin Exchange-Traded Funds (ETFs) concluded a notable seven-session streak of net inflows on Thursday, July 25, 2024, recording their first day of net outflows since July 13. The aggregate outflow of $225.2 million signaled a temporary shift in investor sentiment, coming on the heels of a period that had attracted nearly $1 billion…
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Mira Murati’s Thinking Machines Lab Unveils Inkling: A New Contender in the Open-Source AI Arena
After two years of dedicated development following her departure from OpenAI, Mira Murati, a pivotal figure in the artificial intelligence landscape, has finally revealed her new venture, Thinking Machines Lab, and its inaugural large language model, Inkling. Unveiled to the public last week, Inkling enters the competitive arena with a significant claim: it is positioned…
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Strategy Overhauls Bitcoin Valuation Metrics Amidst Market Pressures and Evolving Digital Credit Landscape
Strategy, a prominent corporate holder of Bitcoin, has fundamentally revamped the metrics it employs to assess and communicate the value of its substantial Bitcoin reserves. The company announced the rollout of a comprehensive suite of new "net" measures designed to provide a clearer picture of the capital truly attributable to common shareholders by stripping out…
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Gyeonggi Province to Launch Blockchain Stablecoin Pilot to Revolutionize Regional Currency and Public Disbursements
Gyeonggi Province, the most populous administrative division in South Korea, has officially announced plans to initiate the first phase of a comprehensive proof-of-concept for a blockchain-based stablecoin starting in August. This strategic move aims to modernize the province’s regional currency infrastructure and streamline the distribution of government-funded public benefits. The project, which represents a significant…
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Major Tech and AI Leaders Urge Washington to Safeguard Open-Source AI Innovation Amidst Rising Geopolitical Tensions
Twenty-five leading technology and artificial intelligence companies, including industry giants like Nvidia, Microsoft, Meta, Andreessen Horowitz, Hugging Face, IBM, and Dell, have collectively issued a stark warning to the United States government: do not stifle open-source AI development. In a letter published Friday, titled "Open Weights and American AI Leadership," these prominent players argued that…
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Bitcoin Mining Giant Poolin Technology Files for Chapter 11 Bankruptcy Amidst $163 Million Debt and Asset Liquidation
Poolin Technology Pte. Ltd., the Singapore-based entity that once commanded a significant portion of the Bitcoin network’s mining power, has formally initiated Chapter 11 bankruptcy proceedings in the United States. The filing, submitted on July 22, 2026, to the U.S. Bankruptcy Court for the District of New Jersey, marks the culmination of a protracted liquidity…
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Claude Opus 5 Outscores Fable 5 on Most Benchmarks—At Half the Price
Anthropic, a leading artificial intelligence safety and research company, today announced the immediate availability of Claude Opus 5, a new flagship large language model (LLM) designed to deliver superior performance and cost efficiency for businesses. This release marks a significant strategic pivot for Anthropic, as Opus 5 not only comes at a lower price point…
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Clarity Act on the Ropes as Ethics Fight and Shrinking Calendar Threaten Passage
The sweeping bill, intended to bring much-needed regulatory certainty to the burgeoning digital asset sector, now appears unlikely to clear the Senate chamber before lawmakers disperse for their summer break. Senate Majority Leader John Thune conveyed a pessimistic outlook to reporters on Thursday, indicating that while he still harbored hopes of initiating the floor process,…
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