Month: June 2024
ERCOT CEO: Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas’ CEO said in Senate testimony that the state’s grid…
CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins…
Elon Musk says Tesla shareholders voting to back $56bn pay deal
Electric carmaker’s CEO faces crunch vote before its AGM over biggest pay package in US…
Stick With Bitcoin, Avoid Ether, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.
AI is coming to your Apple devices. Will it be secure?
Security experts evaluate Apple’s pledge that Apple Intelligence, announced on Monday, will usher in a…
Should Tesla pay Elon Musk $45bn? The shareholders will decide
CEO claims he is winning investor votes by ‘wide margins’ but it is unclear if…
Reality check: Sunak’s tax cut claims and Starmer’s pledges
Rishi Sunak and Keir Starmer took questions from the public on Sky News on Wednesday….
US settles for $4.47bn with now bankrupt crypto firm Terraform Labs
Crypto firm was found liable for defrauding investors who lost nearly $40bn when its tokens…
Trump’s Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
It may seem like the industry is finally getting the political support it needs. But…
The Protocol: How Optimism Filled in Its Missing Tooth
In this week’s newsletter, we delve into the Ethereum layer-2 network Optimism’s delivery of “fault…