The battle over Elon Musk’s compensation package is heating up as a big advisory firm is recommending shareholders vote against it, and Musk fans are resorting to scare tactics.
Over the last few weeks, Tesla shareholders have been voting on several new proposals put forward by the board.
The two main proposals that the board is trying to get through are a new vote on Musk’s 2018 CEO…
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid…
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that…
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names “King Odua” and “Alagbada726,” converting cryptocurrencies to traditional currency. Sentencing is scheduled for August.
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities.
Study…
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior…
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in…
Atropos Health, a healthcare technology company focused on generating personalized real-world evidence, announced today that it has raised $33 million in a Series B funding round. The round included strategic investments from healthcare giants McKesson, Merck, and Cencora…
Anomaly has raised $1.45 million for an AI-driven Layer 3 Web3 gaming platform.
Anomaly unveiled its AI-driven layer 3 gaming platform, which the company said has captivatedTelegram’s users with a novel “play-to-airdrop” mechanism.
The recent funding round valued…
In its Q1 2025 earnings call on Wednesday, Nvidia CEO Jensen Huang highlighted the explosive growth of generative AI (GenAI) startups using Nvidia’s accelerated computing platform.
“There’s a long line of generative AI startups, some 15,000, 20,000 startups in all different fields from multimedia to digital characters, design to application productivity, digital biology,” said Huang.
