Author: RedWave Media
Metaplanet, a Tokyo-listed investment company, plans to raise 9.5 billion yen (approximately $62 million) to strengthen its Bitcoin portfolio.The company said in a statement on November 28 that the funds will be raised through the 12th Moving Strike stock acquisition rights. These rights will be allocated to EVO FUND through a third-party allotment for the period from December 17, 2024 to June 16, 2025.Following the announcement, Metaplanet's stock price rose 6.5%, extending a year-long rally and positioning Metaplanet as one of Japan's most prominent publicly traded companies.Emulation of MicroStrategyMetaplanet CEO Simon Gerovich emphasized that the company's funding approach reflects: It…
OpenAI, a leader in artificial intelligence (AI) development, has received a massive $1.5 billion investment from SoftBank, sparking renewed interest in AI-powered cryptocurrencies. Meanwhile, new players are emerging in the crypto AI space. iDEGEN is an innovative, community-driven AI project. iDEGEN promises to reinvent the way AI interacts with the cryptocurrency community through dynamic pricing and decentralized control. Softbank invests $1.5 billion in OpenAI On November 27th, OpenAI announced that it had secured a huge investment of $1.5 billion from SoftBank, a major multinational investment firm. The deal was part of a tender offer in which OpenAI employees could sell…
According to a Nov. 27 court filing, Celsius plans to begin making a second distribution of funds to creditors soon.A total of $127 million will be delivered in Bitcoin (BTC) or USD to five classes of creditors, including Individual Borrower Deposit Claims, General Revenue Claims, Withholding Claims, Unsecured Loan Claims, and General Unsecured Claims. .Each eligible creditor receives 60.4% of the claim amount as of the filing date.After emerging from Chapter 11 bankruptcy in January of this year, the cryptocurrency company shut down its mobile and web apps on February 29 and began the process of repaying creditors. Some creditors…
What is CryptoSlate Alpha?Web3 membership designed to provide you with cutting-edge insights and knowledge powered by Access Protocol. Learn more >connected to alphawelcome! 👋 Connected to CryptoSlate Alpha. Click the button below to manage your wallet connections.Important: You must lock at least 20,000 ACSIf that's not enough, please purchase ACS at the following exchanges:Connect via access protocolAccess Protocol is a Web3 monetization paywall. When users stake ACS, they can access paywalled content. Sign up for access ›Disclaimer: By choosing to lock your ACS tokens with CryptoSlate, you accept and acknowledge that you are bound by the third-party digital wallet provider's…
Vistov/iStock/Getty Images Plus The election of Donald Trump has not quieted the climate cult's obsession with frivolous lawsuits. This week, Maine Attorney General Aaron Frey (D) accused the Pine Tree State of willingly concealing the role of fossil fuels in climate change from several major oil companies and prioritizing profits over the environment for more than six months. announced that they are filing a lawsuit. century.lawsuitMaine is seeking a jury trial and damages to alleviate the effects that so-called climate change has had on the state for decades. Defendants include Exxon, Shell, Chevron, BP, Sunoco, and the American…
Vancouver Mayor Ken Sim has proposed Bitcoin as a reserve asset to protect purchasing power. Jeff Booth recognizes Bitcoin's potential as a strategic asset and supports Ken Sim's proposal. Former US CFTC Chairman Giancarlo defends Bitcoin reserves by comparing them to gold. Vancouver Mayor Ken Sim has introduced a bold proposal to consider Bitcoin as a reserve asset for the city, with the aim of diversifying financial resources and protecting purchasing power. The motion, titled “Preserving the City's Purchasing Power by Diversifying Resources: Becoming a Bitcoin-Friendly City,” is expected to be formally introduced to Vancouver City Council on December 11,…
Dean Miller/iStock/Getty Image Plus Rep. August Pfluger, R-Texas, filed the bill in the lame-duck House last Friday to be considered by the House Judiciary Committee before the end of the 118th Congress, scheduled for Dec. 20. I expected. HR 10145, known as “Protecting Americans' Right to Silence” (PARTS), is a law issued by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) that states that the parts that make up a firearm's silencer (or suppressor) are themselves silencers. It negates the claim. They are all included in the “machine gun'' category of the National Firearms Act of 1934.ATF…
Welcome to The Protocol, CoinDesk's weekly round-up of the most important stories in cryptocurrency technology development. I'm Marc Hochstein, CoinDesk's Associate Editor for Features, Opinion, and Standards.In this issue:Ethereum Blobmob Staking on StarknetAvalanche's Big UpgradeL2 Team Crosses Beam ChainBeam Sui Hits Brief OutageBitcoin Bridged TrustlessThis article appears in the latest issue of The Protocol, a weekly newsletter that explores the technology behind cryptocurrencies one block at a time. Sign up here to get it delivered to your inbox every Wednesday. Also, check out our weekly The Protocol podcast.network newsBeam across the beam chain: What's good for L1 is also good…
When the American people voted for Donald Trump to be the next president of the United States, they were not voting just for him, but for the policies they believed he would carry out, and for his many appointments that have a lot to do with carrying out the president's policies. I also voted. policy. So how good is his appointment? In this episode, we look at some of the things Cabinet has chosen to shed some much-needed light on this issue.Also in this episode, we look at what Dr. Ron Paul…
AP image Tom Homan Tensions have escalated in recent days between Tom Homan, President-elect Donald Trump's nominee as “border czar,” and Denver Mayor Mike Johnston. On Tuesday, Homan said he was prepared to “put Johnston behind bars” if he obstructed federal law enforcement efforts to deport him. Homan spoke with Sean Hannity on Fox News and criticized Johnston's stance, citing federal law. In response, the mayor softened his previous position. The exchange reignited debate over the balance between federal authority to enforce immigration laws and the right of states and localities to exercise autonomy in determining their own policies.Homan:…
