Ogunjobi
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Coinbase Faces Up to $400 Million in Costs After Customer Data Breach
The crypto exchange Coinbase is dealing with severe costs after an internal data breach with allegedly bribed employees has come to light. The firm disclosed in a recent filing with the U.S. Securities and Exchange Commission (SEC) that the breach could cost the company between $180 million and $400 million. According to Coinbase, The breach…
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JPMorgan, Chainlink, and Ondo Finance Complete Cross-Chain Tokenized Treasury Settlement Test
In a major step toward bringing traditional finance and blockchain closer, JPMorgan’s blockchain unit Kinexys, Chainlink, and Ondo Finance have successfully tested the settlement of a tokenized U.S. Treasuries fund across two different blockchain networks. The trial showed how assets can move between a public blockchain, Ondo Chain, and a permissioned blockchain (JPMorgan’s Kinexys Digital…
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OORT’s AI Data Set Hits Top Ranks on Google’s Kaggle Platform
OORT, a decentralized AI company, reached a major milestone as its image training data set climbed to the top ranks on Kaggle, Google’s popular platform for data science and machine learning. From May 6 to May 14, OORT’s “Diverse Tools” data set appeared on the first page in key categories like General AI, Retail &…
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Perplexity and PayPal Brings One-Click Shopping to AI Chats
Perplexity, an AI company, has announced a new partnership with PayPal to bring shopping directly into its chat interface. Soon, users in the U.S will be able to book trips, buy products and get concert tickets, all without leaving Perplexity’s platform. With just a few clicks, customers can pay using PayPal or Venmo while also…
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Why Are Community-Led Web3 Projects Thriving in 2025?
Web3 has come a long way, but in 2025, community-led Web3 projects are taking the lead. This is not some company run by high-stakes investors. Rather, it is made and operated by its users. From DAOs to NFT groups, these communities are working together to grow, share ideas, and make real decisions. People trust what…
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Arizona Gov Vetoes State Crypto Fund, Approves ATM Protections
Arizona Governor Katie Hobbs vetoed two major cryptocurrency bills on Monday, citing market volatility risks, while approving new consumer protections for crypto ATMs in a mixed verdict for digital asset regulation. The most significant rejection was Senate Bill 1373 (SB1373), which proposed creating a state-run Digital Assets Strategic Reserve Fund to manage crypto obtained through seizures or appropriations.…
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Sen. Cotton Proposes Chip Security Act to Safeguard U.S. AI Technology
Sen. Tom Cotton (R-Ark.) introduced the Chip Security Act, a bill designed to prevent advanced AI chips from falling into the hands of foreign adversaries through stricter export controls and real-time tracking measures. The legislation comes just days after the Trump administration rolled back a Biden-era rule restricting AI chip exports, a policy critics called “overly…
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Metaplanet Buys More Bitcoin, Overtakes El Salvador in Holdings
Japanese investment firm Metaplanet, has made headlines again with another large Bitcoin purchase. This time, the company added 1,241 BTC to its treasury, which cost about $126.7 million at an average price of $102,119 per Bitcoin. This latest buy brings Metaplanet’s total holdings to 6,796 BTC, putting Metaplanet ahead of El Salvador, which holds 6,174…
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MicroStrategy buys More Bitcoin, adds 13,390 BTC to holding
Strategy, formerly known as MicroStrategy, has once again increased its Bitcoin Bet, purchasing an additional 13,390 BTC for $1.34 billion at an average price of $99,856 per bitcoin. With this latest buy, strategy now owns a total of 568,840 bitcoins. All these bitcoins cost the company around $39.41 billion in total. But due to bitcoin…
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KindlyMD Merges with Nakamoto Holdings to Create $710M Bitcoin Treasury Giant
Key Takeaways KindlyMD Inc. (KDLY), a healthcare services company, has announced a merger with Nakamoto Holdings, a Bitcoin-focused investment firm, to form the largest publicly traded Bitcoin treasury vehicle to date. The company has secured $710 million in funding, making it the biggest capital raise ever for a Bitcoin treasury. The deal includes $510 million…