Miami mayor Francis Suarez claims he’s up 300% on his Bitcoin salary
Miami Mayor Francis Suarez started receiving his salary in Bitcoin four years ago, when Bitcoin was valued at around $64,000. Source link
Crypto czar David Sacks argues AI threat is Orwellian, not Terminator
David Sacks warns that the real threat AI poses is when it is used for government surveillance and information control. Source link
Trump’s AI And Crypto Czar Says Heavy-Handed AI Laws Could Be Weaponized
US crypto and AI czar David Sacks argues that the biggest risk AI poses is not a Terminator-style revolt, but rather a dystopian future where AI spies on the population and controls what information people see. Speaking on a Monday episode of a16z’s podcast, The Ben & Marc Show, Sacks discussed the Trump administration’s approach…
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Tokenization takes prime role in Hong Kong’s Fintech 2030 strategy
The Hong Kong Monetary Authority has outlined its real-world asset tokenization plans, including tokenized bonds and stablecoin integration for blockchain settlements. Source link
HKMA To Ramp Up Tokenization Plans In 2030 Strategy
The Hong Kong Monetary Authority is seeking to grow the tokenization ecosystem as part of its four-pronged growth strategy for its fintech sector over the next five years. In a statement on Wednesday during Hong Kong Fintech Week, HKMA said its Fintech 2030 strategy will focus “on four strategic pillars” referred to as “DART,” covering…
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Riot Platforms Sees Record Q3 Revenue But Says Data Centers Is Endgame
Riot Platforms has reiterated its strategy has evolved to “maximizing the value of our megawatts,” rather than just mining Bitcoin, despite posting record revenues in Q3 on the back of a Bitcoin production surge. During a conference call following the release of the firm’s Q3 results on Wednesday, Riot Platform’s vice president of investor relations,…
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US Rep Khanna Seeks To Ban Trump, Family From Crypto Trading
A US lawmaker is seeking to ban US President Donald Trump, his family, and members of Congress from trading crypto or stocks. US Representative Ro Khanna, a Democrat representative from California’s 17th Congressional District and vice-chair of the Congressional Progressive Caucus, used an appearance on MSNBC to raise concerns around Trump’s apparent conflict of interest…
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Bitcoin Fear & Greed Index Turns Positive As Bitcoin Selling Pressure Wanes
The Bitcoin Fear & Greed Index has finally clawed its way out of the “fear” zone on Sunday, resolving to neutral for the first time in more than two weeks as the price of Bitcoin surged back to around $115,000 over the weekend. The Bitcoin Fear & Greed Index, which measures overall market sentiment, is…
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British Columbia Ban New Crypto Mining Connections
The local government of British Columbia is banning new crypto mining connections to the hydro power grid, citing unprecedented electricity demand. In a statement on Monday, the British Columbia (BC) government announced a set of new legislation aimed at stimulating the economy and helping the state-owned electric utility provider BC Hydro address its power availability.…
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