On Feb. 4, newly appointed crypto czar David Sacks said in a press conference that the bicameral crypto working group is looking into a strategic Bitcoin reserve (SBR) and highlighted that “the concept of the sovereign wealth fund is a little separate.” Indeed, sovereign wealth funds (SWFs) have been loosely understood by the cryptoverse, often mistaken for […]
Security News
Florida Sen. Gruters proposes Bitcoin investment bill for state funds
Florida Republican Senator Joe Gruters has introduced a bill proposing the investment of part of the state’s funds in Bitcoin and other digital assets to counter rising inflation. It follows a string of other US states recently moving toward the same goal. “The state should have access to tools such as Bitcoin to protect against […]
Binance CEO highlights institutional role in driving Bitcoin adoption
Richard Teng, the CEO of crypto exchange Binance, highlighted the importance of institutional investors and evolving regulations for the wider adoption of cryptocurrencies. The spot Bitcoin exchange-traded funds (ETFs) market in the US raked in $44.2 billion in its first year of operations since Jan. 10, 2024. In January 2025 alone, the Bitcoin ETF market recorded nearly $5 […]
Tether is building AI apps and an open-source SDK platform
The world’s largest stablecoin issuer, Tether, is venturing deeper into artificial intelligence with a number of AI applications in development, according to the firm’s chief executive. Tether’s AI division, Tether Data, is developing a number of AI apps, such as AI Translate, AI Voice Assistant, and AI Bitcoin Wallet Assistant, according to a Feb. 4 […]
Ohio Senator introduces state’s second Bitcoin reserve bill
An Ohio lawmaker has introduced a second bill to allow the state to invest in Bitcoin to create a local reserve of the cryptocurrency. Ohio Senate Bill 57, referred to the Financial Institutions, Insurance, and Technology Committee on Jan. 29, authorizes the state’s treasurer to invest state funds solely into Bitcoin to create an “Ohio Bitcoin Reserve Fund.” […]
OpenAI’s newest ChatGPT agent can do ‘deep research’ online
OpenAI has released a new agent for its flagship artificial intelligence product ChatGPT called “deep research,” which can trawl the internet for information to create a report “at the level of a research analyst.” OpenAI said in a Feb. 2 blog post that deep research was “built for people who do intensive knowledge work in […]
DeepSeek privacy concerns raise international alarm bells
DeepSeek’s surprise superstardom has ignited a firestorm of data concerns globally, with regulators and privacy experts sounding alarms over the Chinese AI app’s potential national security risks. Italy, the European Union’s third-largest economy, has taken the first step by banning DeepSeek after authorities demanded details on the app’s data practices. Italy’s privacy watchdog dismissed the […]
Dogwifhat claims ‘no intent to mislead’ in Vegas Sphere plan
The official account of Solana-based memecoin dogwifhat has addressed concerns surrounding the “Sphere Wif Hat” initiative — a crowdfunding campaign launched by token supporters nearly a year ago to get the token’s logo on the Las Vegas Sphere. Despite the fundraiser raising $700,000 within days of launching on March 10, it has yet to come to […]
Google exposes government-backed misuse of Gemini AI
While artificial intelligence advancements unlock opportunities in various industries, innovations may also become targets of hackers, highlighting a concerning potential for AI misuse. Google’s threat intelligence department released a paper titled Adversarial Misuse of Generative AI, revealing how threat actors have approached their artificial intelligence chatbot Gemini. According to Google, threat actors attempted to jailbreak the AI […]
Tangem wallet secures US patent for private key transfer tech
Self-custodial cryptocurrency wallet Tangem has received a United States patent grant for its private key backup technology. The United States Patent and Trademark Office (USPTO) issued a patent on Jan. 28 for Tangem’s backup tech of private keys, according to official records. The patent is titled “Systems and methods for transferring secret data via an untrusted intermediary […]