Bitfinity Network Receives $12M Funding for Bitcoin L2
With $12 million in funding, Bitfinity Network has launched a new Bitcoin layer-2 (L2) solution that aims to develop deFi functionality for Bitcoin that is compatible with the Ethereum Virtual Machine (EVM). The project received $5 million in over-the-counter (OTC) token sales, primarily contributed by the community, and support from institutional investors such as Polychain […]
Thala Labs Recovers $25.5M From v1 Farming Vulnerability Incident
Thala Labs, a decentralized finance firm, has successfully recovered $25.5 million in liquidity pool tokens from its v1 farming contracts. Thala disclosed in a post on Nov. 16 that it had experienced a “security breach” on Nov. 15 due to an “isolated vulnerability” in its v1 farming contracts. This vulnerability enabled the hacker to extract […]
Cathie Wood Says BTC has ‘long way to go’ at $90K
Bitcoin may have recently achieved a new all-time high above $90,000; however, Cathie Wood of ARK Invest claims it still has a “long way to go.” In an interview with CNBC’s Squawk Box on Nov. 15, she emphasized that Ark was the first public asset manager to acquire exposure to Bitcoin in 2015 at $250. […]
Polish Presidential Candidate Pledges BTC Reserve If Elected
Sławomir Mentzen, the Polish presidential candidate, has pledged to establish a Bitcoin reserve if elected president in the upcoming 2025 election. In a Nov. 17 statement to X, Mentzen reiterated his position that Poland will become more crypto-friendly if he is elected president. This was in response to whether he would contemplate establishing a Bitcoin […]
Google’s AI Chatbot Replies Rudely to User
When a student in the United States requested assistance with a college assignment, Google’s AI chatbot Gemini responded with an unsettling response. While conducting research for a gerontology course, the Michigan college student conversed with Gemini regarding the challenges and solutions aging individuals face. The student received a threatening response. The large language model chatbot […]