Trending News
-
Acurx Pharmaceuticals, a publicly traded biopharmaceutical company, has announced plans to purchase up to $1 million in Bitcoin as a treasury reserve asset. This decision aligns with strategies employed by companies like MicroStrategy, which has significantly invested in Bitcoin. The company’s CEO, David P. Luci, stated that Bitcoin’s growing demand and acceptance as a primary…
-
Coinbase has successfully conducted its first crypto transaction between artificial intelligence (AI) agents on its platform. This historic event marks a significant milestone in the integration of AI with blockchain technology. The transaction, which took place on August 30, 2024, involved one AI agent using crypto tokens to acquire AI tokens from another AI agent.…
-
According to the Lawrence Livermore National Laboratory (LLNL), the United States wasted approximately 61% of its energy in 2023. This inefficiency is primarily due to losses in electricity generation and transportation sectors. The LLNL’s energy flow charts reveal that a significant portion of energy is lost as waste heat during electricity production. Traditional power plants,…
-
On July 3, 2002, MicroStrategy’s stock (NASDAQ: MSTR) reached an all-time low of $0.42. As of November 22, 2024, the stock closed at $421.88, marking a significant recovery over the past two decades. Michael Saylor, Executive Chairman of MicroStrategy, highlighted this remarkable turnaround in a recent tweet, stating, “On July 3, 2002, $MSTR stock fell…
-
Elon Musk’s social media platform, X (formerly Twitter), has filed a lawsuit against Twitch, alleging that the streaming service and other companies conspired to boycott advertising on X. The amended complaint, initially filed in August, accuses members of the Global Alliance of Responsible Media (GARM) of illegally coordinating to withhold substantial advertising revenue from X.…
-
Senator Cynthia Lummis has introduced the BITCOIN Act, proposing that the U.S. Treasury acquire 1 million bitcoins over five years to establish a strategic reserve aimed at bolstering the dollar and countering inflation. MicroStrategy Chairman Michael Saylor supports the initiative, suggesting that such an acquisition could potentially reduce the national debt by $16 trillion. The…
-
Bitaxe mining pioneer @trendkraft sparked a conversation about cooling techniques for the Bitaxe Supra, highlighting the potential for passive cooling with slight overclocking to outperform active setups. His experiment suggests that the right configuration might deliver superior results without relying on fans. In the same thread, he compared passive setups to actively cooled Supras, sharing…
-
Reports indicate that some employees at the Food and Drug Administration (FDA) are contemplating resignation in response to Robert F. Kennedy Jr.’s anticipated role in President-elect Donald Trump’s administration. Kennedy, known for his critical views on vaccines and the pharmaceutical industry, has expressed intentions to overhaul the FDA, including the potential elimination of entire departments…
-
Michael Saylor, Executive Chairman of MicroStrategy, has expressed interest in assisting Rumble Inc., a video-sharing platform, with integrating Bitcoin into its financial strategy. Rumble’s CEO, Chris Pavlovski, recently conducted a poll on X (formerly Twitter), inquiring whether the company should add Bitcoin to its balance sheet. The poll garnered significant support, with approximately 29,000 respondents…
-
IxTechCrypto has announced the release of the Limited Edition Bitaxe Whitepaper release, with stock expected to be available this week. Interested individuals are encouraged to sign up on the company’s website to receive notifications, as the whitepapers are anticipated to sell quickly. In addition to the release, IxTechCrypto is hosting a giveaway of the Bitaxe…
-
Elon Musk, the CEO of Tesla, has successfully won the dismissal of a lawsuit that accused him and his company of manipulating the price of Dogecoin. The lawsuit, filed by a group of investors, claimed that Musk used his influence and social media presence to artificially inflate the price of Dogecoin, leading to significant financial…
-
Canaan Inc., a leading provider of high-performance computing solutions, has announced a significant expansion of its self-mining operations in North America. The company aims to achieve a capacity of 10 exahashes per second (EH/s) by mid-2025, focusing on strategic partnerships in Texas and Pennsylvania. In Texas, Canaan’s subsidiary, Beet Digital LLC, has entered into a…
