Open Source Drives Software Stability Forward
Eliot Horowitz emphasizes the role of open source in software stability during a16z Live, highlighting its future potential. #Update #Tech
Crypto News
General category for all types of news related to the cryptocurrency world.
Data Breach Exposes Customer Details at Figure
@FigureTech confirmed a data breach due to social engineering, exposing customer details. The hacker group ShinyHunters claimed responsibility, leaking 2.5GB of data including personal information. #Breaking #Crypto $BTC
Elon Musk Criticizes Anthropic AI’s $30B Round
Anthropic raised $30B in Series G funding, valuing it at $380B. Elon Musk criticized its AI as “misanthropic,” amid xAI staff departures. #Update #Tech
AI Surges $10M in Midterm Support
AI industry to spend over $145M supporting candidates before midterms, but not all companies align on objectives. #Update #Elections
Figure Technology Shares Surge 6% on Q4 Beat
Figure Technology Solutions shares rose 6% to $36.10 after preliminary Q4 results exceeded estimates, with revenue projected at $158M-$162M and consumer loan originations up 131%. #Update #Finance
Brazil Proposes 3.5% Tax on Stablecoins
Brazil’s Revenue Service plans a 3.5% tax on stablecoin purchases and remittances, treating them as foreign currency exchanges, subject to the Tax on Financial Transactions (IOF). #Update #Crypto $USDT
Bitcoin Drives Institutional Crypto Adoption Surge
Mixin CMO Sonny Liu highlights privacy as essential for institutional crypto adoption, shifting from transparency. #Update #Crypto
Pentagon Awards OpenAI $100M Drone Contract
OpenAI partners with defense firms for a $100M Pentagon challenge to develop voice-controlled drone swarm software, expanding its defense ties. #Update #Tech
Crypto Group Launches CLARITY Act Counterproposal
The Digital Chamber challenges banks’ CLARITY Act proposal, asserting stablecoin yield is acceptable without automatic regulation. Progress stalled after recent White House talks. #Update #Crypto $USDC
Google Warns AI Tools in Crypto Hacks
Google’s Threat Intelligence Group reports state-sponsored hackers, including those from North Korea and China, using AI tools like Gemini for cyberattacks. #Update #Cybersecurity
Anthropic Raises $30B Reaches $380B Valuation
@Anthropic secures $30B in Series G funding, boosting valuation to $380B. Annual revenue reaches $14B with a sevenfold rise in high-spending clients. #Update #AI
Meta Launches Facial Recognition Smart Glasses
Meta plans to add facial recognition to its smart glasses, enabling identification through AI. The feature will recognize existing contacts and public profiles. #Update #Tech
Crypto Scammer Sentenced to 20 Years for $200M Scheme
@PraetorianGroup CEO Ramil Ventura Palafox sentenced to 20 years for a $200M Ponzi scheme, deceiving 90,000 investors and misusing funds. Losses exceeded $62.7M; SEC pursuing further sanctions. #Breaking #Legal $BTC
AI Summarize Button Brainwashes Chatbots
Microsoft reveals 31 organizations using AI recommendation poisoning to manipulate chatbot preferences, posing risks in health and finance sectors. #Update #Tech