Warren Buffett compares AI to nukes after seeing deepfake doppelganger
The financial mogul’s commentary came during Berkshire Hathaway’s annual meeting.
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Coinflex plans give 65% of company to creditors as part of restructuring proposal
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares. 89 Total views 11 Total shares Cryptocurrency exchange CoinFlex announced a structuring proposal in response to user feedback following the platform experiencing liquidity issues.In a Wednesday blog…

Crypto Custodian Backed By Andreessen Horowitz and PayPal Co-Founder Launches
The Anchorage cryptocurrency custodian for institutional investors launched following a $17 million funding round led by venture fund Andreessen Horowitz, a press release states Wednesday, Jan. 23.According to the announcement, PayPal co-founder Max Levchin’s SciFi VC, venture company Khosla Ventures, Mark McCombe of investment firm Blackrock, and others also took part in the series A…

Crypto Exchange QuadrigaCX Goes Offline, Claims Maintenance Issues
Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of Commerce (CIBC), is inaccessible as of press time.Screenshot of QuadrigaCX Webpage. Source: QuadrigaCXThe exchanges users, some of whom have purportedly been…

SpaceX flight bankrolled by crypto investor launches first manned polar orbit
Among the crew is crypto entrepreneur Chun Wang, the founder of Bitcoin mining pool F2Pool, who also bankrolled the flight. Elon Musk’s SpaceX has sent a crew of four private astronauts on the first manned space flight to orbit the Earth’s poles, in a mission bankrolled and led by a wealthy crypto investor. Chun Wang

dYdX founder claims targeted attack led to $9M insurance claim
dYdX founder Antonio Juliano said that the decentralized exchange as well as the Yearn.Finance token (YFI) are victims of a targeted attack. 318 Total views 2 Total shares Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov. 17. According to dYdX founder Antonio Juliano

SEC’s enforcement case against Ripple may be wrapping up
The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years. According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC’s case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal

Consensys to cut workforce by 20% — CEO outlines decentralization plans
Consensys CEO Joe Lubin confirmed that the firm’s restructuring plan will impact 162 permanent employees.

Bitcoin DeFi TVL will top Ethereum’s within 2 years: Core DAO contributor
Core DAO contributor Brendan Sedo says it’s a “no-brainer” that most of the $1 trillion dollars of capital in the Bitcoin ecosystem will make its way into sidechains and DeFi.