Author: GT

On March 31, Bitcoin evangelist Michael Saylor’s Strategy (Nasdaq: MSTR), formerly MicroStrategy, announced the acquisition of 22,048 Bitcoin worth $1.92 billion. The company said that its Bitcoin purchases were made using proceeds from the common MSTR at-the-market (ATM), preferred STRK ATM, and STRF stock offerings. The MSTR was trading at $282, the STRK stock was trading at $84, and the STRF stock was trading at $92 in pre-market hours. The recent purchase has been made between March 24 and March 30, with one Bitcoin costing the company $86,969. As of March 30, Strategy now holds 528,185 Bitcoin worth around $35.63 billion,…

Photo: Tomohiro Ohsumi (Getty Images) There’s no avoiding the shockwaves from tariffs news this week — not even if you’re an investor in alt currencies that were supposed to be insulated from this sort of thing. Plus, meme coin creators are trying to earn a buck off that weird Studio Ghibli-style AI art trend. And what’s the deal with Ether, the Bitcoin rival that has shed about 43% of its value so far this year? Here are some cryptocurrencies to watch this week. Photo: Anna Moneymaker (Getty Images) Is the biggest cryptocurrency a sure thing in 2025? Is anything? Turns…

As it gears up to go public, Chime is going all in on new features in an effort to attract more customers. The digital bank is offering customers who agree to have their paychecks directly deposited into a Chime savings or checking account an APY of 3.75%, it tells TechCrunch exclusively. For those who don’t choose to direct deposit, the interest rate of 2% for standard users is still competitive.  By comparison, the national average savings account yield is 0.61% APY, according to Bankrate’s survey of institutions as of the week of March 24. While Chime Chief Product Officer Madhu…

BANGKOK (AP) — Chinese telecoms gear giant Huawei said Monday its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologies. Huawei Technologies reported 62.6 billion yuan ($8.6 billion) in net profit last year, down from 87 billion yuan the year before. Its revenue jumped 22% to $118.2 billion, with the strongest growth in its consumer goods and automotive-related sales. The company, based in the southern city of Shenzhen, said the decline in profit was mainly due to two factors, “We continued to increase our future-oriented investment and there were no gains…

Anthropic has provided a more detailed look into the complex inner workings of their advanced language model, Claude. This work aims to demystify how these sophisticated AI systems process information, learn strategies, and ultimately generate human-like text. As the researchers initially highlighted, the internal processes of these models can be remarkably opaque, with their problem-solving methods often “inscrutable to us, the model’s developers.” Gaining a deeper understanding of this “AI biology” is paramount for ensuring the reliability, safety, and trustworthiness of these increasingly powerful technologies. Anthropic’s latest findings, primarily focused on their Claude 3.5 Haiku model, offer valuable insights into…

Bitcoin (BTC) traded at just over $81,500 during Asian morning hours on Monday as the weekend slide saw major tokens lose momentum after last week’s brief rally. XRP and Cardano’s ADA led losses among majors with a 5% drop in the past 24 hours, with Solana’s SOL, dogecoin (DOGE) and ether (ETH) down between 2%-3%. The CoinDesk 20, a measure of the performance of the largest digital assets, is down 2.6% Bitcoin ETFs saw weekly inflows of $196 million last week, according to SoSoValue, while ether ETFs witnessed net outflows of just over $8 million. On Monday, global stock markets…

Jaque Silva | Nurphoto | Getty ImagesApple was hit with a 150 million euro ($162.42 million) fine by French antitrust regulators on Monday for abusing its dominant position in mobile app advertising on its devices between 2021 and 2023 thanks to a privacy control tool.The French competition watchdog however did not order Apple to change the tool.The fine is the first by any antitrust regulator against Apple over its App Tracking Transparency (ATT).ATT allows iPhone and iPad users to decide which apps can track user activity but it has been criticised by advertisers and rivals dependant on online advertising.The French…

Japan’s Financial Services Agency (FSA) plans to reclassify cryptocurrencies as financial products under new rules, aimed at curbing insider trading in the digital asset market, per a Nikkei report on Sunday. The move comes as part of a broader effort to strengthen oversight in Japan’s crypto ecosystem, which has witnessed growing adoption alongside a rise in fraudulent activities. The FSA intends to submit amendments to the Financial Instruments and Exchange Act (FIEA) to Japan’s parliament as early as 2026, following a detailed review conducted by experts behind closed doors. Cryptocurrencies are currently categorized as a “means of settlement” under the…

A significant cybersecurity breach has been uncovered involving the hacker group known as “Daisy Cloud,” which has exposed more than 30,000 login credentials spanning numerous digital services. Daisy Cloud Hacker Group (Source – Veriti) The threat actors have been operating a sophisticated credential marketplace on Telegram since October 18, 2023, selling access to financial platforms, cloud services, government portals, and personal accounts at alarmingly accessible prices. Daisy Cloud marketplace interface (Source – Veriti) The exposed credentials appear to be harvested through information-stealing malware, potentially linked to the notorious RedLine Stealer family, which has been a persistent threat in the cybercrime…

Faint hopes of dogecoin (DOGE) being included in the U.S. Department of Government Efficiency (D.O.G.E.) were dented on Sunday as the department’s figurehead Elon Musk squashed any plans of adding the memecoin. “There are no plans for the government to use dogecoin or anything,” Musk said during a speech at the America PAC town hall in Green Bay, Wisconsin. “I was going to call it Government Efficiency Commission, but that’s a super boring name. Then the internet said it needs to be the Department of Government Efficiency. I was like Internet is right,” he added. DOGE prices are down 3.5%…