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In his Chinese New Year message, Telegram founder Pavel Durov highlighted the success of DeepSeek AI and explained why China has made such a breakthrough. “China’s progress in algorithmic efficiency didn’t come out of nowhere. Chinese students have long been…
The U.S. Securities and Exchange Commission (SEC) has officially accepted Nasdaq’s 19b-4 filing, paving the way for a spot Litecoin ETF by Canary Capital. First alt coin 19b-4 to be acknowledged, rest were told to withdraw by Genz SEC. Throw…
Mark Zuckerberg is sticking to massive AI investments, even as DeepSeek stirs hype over cheaper alternatives. On January 24, the Meta CEO announced plans to increase its AI GPU fleet to 1.3 million by the end of 2025, with a…
In Q4 2024, Tesla recorded a $589 million profit from its Bitcoin holdings, thanks to new accounting standards that allow companies to reflect the market value of digital assets in financial reports. Previously, corporations could only account for losses if…
El Salvador’s Congress has rushed through changes to the country’s Bitcoin strategy to comply with IMF demands, according to Reuters. Lawmakers approved the bill within minutes of receiving it from President Nayib Bukele. His party, “New Ideas,” holds a majority…
Crypto exchange Coinbase has expanded its Global Advisory Council by adding four new members with political and financial expertise. The new members are: Coinbase’s Chief Policy Officer, Faryar Shirzad, emphasized that the company is fortunate to have some of the…
The Chinese AI model DeepSeek-R1 has been making headlines worldwide in recent days. The project is rapidly gaining popularity and has already contributed to the decline of major U.S. tech stocks. However, some analysts point out that the model is…
The Sloan School of Management at the Massachusetts Institute of Technology (MIT) has announced the return of Gary Gensler as a professor. The former SEC chairman, who resigned on January 20, will focus on teaching and research in artificial intelligence,…