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@gigachad999

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@gigachad999
Redefining AI Innovation With Social Purpose: Patrick J. McGovern Foundation Announces $73.5 Million Toward AI for Humanity Foundation Supports 144 Organizations to Champion Human-Centered AI with Capital, AI Expertise, and a Commitment to Inclusive Global AI. BOSTON–(BUSINESS WIRE)–December 17, 2024– Artificial intelligence is no longer a futuristic construct; it has become a defining force in reshaping economies, ecosystems, and human lives. At this moment, AI’s potential is vast, making it a powerful new tool to embrace for collective progress. Today, the Patrick J. McGovern Foundation announces a total of $73.5 million in charitable contributions in 2024 to reinforce its proactive commitment to innovation and social impact. In collaboration with civil society, academia, and industry, the Patrick J. McGovern Foundation continues to center human dignity, equity, and shared purpose to create a world where AI strengthens resilience, provides sustainable solutions, and promises meaningful change.
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BlackRock Closes the Door on Altcoins: "Only Bitcoin and Ethereum!" Following the approval of spot Bitcoin and Ethereum ETFs, other altcoin ETFs are also expected to be approved. While there are already applications for altcoin ETFs for some altcoins like Solana (SOL) and XRP, BlackRock has closed the door on any other ETFs. Bloomberg ETF analyst Eric Balchunas shared BlackRock ETF president Jay Jacobs' statements on this subject. At this point, Jay Jacobs said that BlackRock will focus on Bitcoin and Ethereum ETFs rather than launching other altcoin ETFs. Jacobs said that his exploration of Bitcoin and Ethereum has just begun and that interest in BTC and ETH is just the tip of the iceberg. Noting that Bitcoin and Ethereum ETFs currently only reach a small number of customers, the BlakRock manager emphasized that the company is focusing on the BTC and ETH space rather than launching new altcoin ETFs.
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Riot's stock jumps after activist investor pushes the bitcoin miner to pursue hyperscalers: WSJStarboard Value wants Riot “to convert some of its bitcoin-mining facilities into capacity for so-called hyperscalers,” The Wall Street Journal reports. Riot’s stock was down 25% this year as bitcoin miners struggled to maintain profitability following the latest Bitcoin halving in April. Shares of Riot Platforms (ticker RIOT) popped more than 10% in Thursday's trading session amid news that activist investor Starboard Value has bought up a stake in the company. Starboard Value wants Riot "to convert some of its bitcoin-mining facilities into capacity for so-called hyperscalers," The Wall Street Journal reports.
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Celsius to distribute $127 million to creditors in second bankruptcy payoutAccording to a court filing submitted Wednesday, Celsius, the defunct crypto lender, is distributing $127 million to eligible creditors in a second payout from its bankruptcy proceedings. “As a result of the second distribution, each eligible creditor will receive a cumulative distribution in cash or liquid cryptocurrency equal to approximately 60.4% of the value of such creditor’s Claims as of the Petition Date,” the filing said. The value of bitcoin for payout is set at a weighted average distribution price of $95,836.23. The filing added that eligible creditors who cannot receive liquid cryptocurrency through the designated distribution agent will be directed to receive the payout in cash. In January this year, the Celsius bankruptcy plan administrators launched its first payout of $2 billion worth of cryptocurrencies to 171,672 creditors, which saw a recovery rate of 57.65% of eligible claims.
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It’s known as the first-of-a-kind (FOAK) “valley of death” — when climate startups are developing a novel product, but don’t have enough cash to build a capital-intensive factory to produce it. But help may be on the way: there’s a new fund, run by French VC firm Axeleo Capital, specifically dedicated to the problem. “There is a financing gap,” says Marc Lechantre, partner at Axeleo. “There is a lot of public funding for R&D and a lot of seed financing at the beginning of a startup’s journey. At the other end, there are a lot of large funds ready to fund growth with big tickets, but we have a gap in the middle.” Axeleo is based in Lyon and was founded in 2017. The new, first-of-a-kind (FOAK) fund is its third — two prior funds focused on b2b SaaS and construction and energy tech.
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SEC Commissioner Jaime Lizárraga will step down on Jan 17th.SEC Commissioner Jaime Lizárraga will step down on Jan 17th.
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According to gmgn, an address 28MyY...ep1Fi started to build a position in CHILLGUY on November 17 and continued to buy until the 19th, spending about 22,100 USDC. Currently, 60% has been sold, making a profit of $2.48m. The memecoin transaction winning rate of this address is only 25%, and it was once in a loss state before buying CHILLGUY.
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СРОЧНО: Майкл Сейлор ведет переговоры с генеральным директором Rumble о добавлении #Bitcoin в их баланс.
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JUST IN: #Bitcoin’s $1.85T market cap tops Berkshire Hathaway and JPMorgan Chase combined.
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Ритейл возвращается или MicroStrategy только раздувает цены на биткоин? Microstratage продолжает накапливать биткоин. В 2023 году средняя цена их покупки биткоина составляла 31 000$. В начале 2024 года средняя цена была 40 000$. Но за последние несколько недель эта средняя цена подскочила почти до 50 000 долларов.
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Намада планирует запустить майнет через 10 дней
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Interview with Qiao Wang: How to invest in PUMPFUN to get at least 1,000x? Alliance's ultra-early stage investment philosophy @QwQiao He stated that the most successful investment in this round of cycles is PUMPFUN. With an investment valuation of several million US dollars in June last year, it has at least returned a thousand times. Initially, PUMP aimed to create an NFT market, but the direction changed many times. The key to success lies in the team's youth and innovation. The CTO's highest education is high school. With Trump's election, there won't be anyone hostile to cryptocurrencies managing the SEC/Department of the Treasury, and the entrepreneurial mood will immediately improve.
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Florida's CFO reports the state holds approximately $800 million in crypto investments
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Buying $40,000,000 of Bitcoin every day for 3 years starting 7 years ago would have turned $43,840,000,000 into $81,680,540,540 (+86%).
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CME Group won approval to operate its own futures commission merchant, a move that received swift criticism from some market participants
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NEW: CoinDCX co-founder Sumit Gupta says CBDCs and crypto should coexist, not compete.
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NEW: 🇺🇸 Spot #Bitcoin ETFs bought 15,194 #Bitcoin this week while miners only mined 3,150 bitcoin
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From Retardio archives: what really went down on 9/11 Retar Dio
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Gmichi gangstas It’s almost the weekend, and I have a good feeling about charts this weekend Shill me your favorite 2-3 conviction plays Maybe I’ll add some to my bag
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I remove easy dopamine. Trading is 50% your psychology and the ability to control yourself. stay focused.
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