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The Token Is The Product
The Token Is The Product

Cointime·2024/03/28 14:52
MicroStrategy trades at 'unjustifiable premium' to bitcoin, says firm shorting company's stock
MicroStrategy trades at 'unjustifiable premium' to bitcoin, says firm shorting company's stock

Investment firm Kerrisdale Capital argued that MicroStrategy’s shares are overvalued.The firm holds a short position on MicroStrategy shares and is long on BTC through BlackRock and Fidelity’s spot bitcoin ETFs.

The Block·2024/03/28 14:37
Tokenized US Treasuries on public blockchains surpass $1 billion in AUM
Tokenized US Treasuries on public blockchains surpass $1 billion in AUM

Data compiled by 21.co shows more than $1 billion worth of U.S. Treasuries are now tokenized on public blockchains. Franklin Templeton’s BENJI leads with $360 million, while BlackRock’s new “BUIDL” tokenized fund has grown from $40 million to $245 million in just a week.

The Block·2024/03/28 14:04
BlackRock CEO Remains Confident on Ethereum ETFs, Says IBIT Is The Fastest-Growing ETF
BlackRock CEO Remains Confident on Ethereum ETFs, Says IBIT Is The Fastest-Growing ETF

Fink highlighted the explosive growth of BlackRock’s Bitcoin ETF.

Cryptopotato·2024/03/28 12:13
Litecoin ETF Rumors Swirl After Multiple CFTC Nods
Litecoin ETF Rumors Swirl After Multiple CFTC Nods

Speculation swirls around a potential Litecoin ETF as recent CFTC moves suggest commodity status, fueling hopes for ETF approval.

DailyCoin·2024/03/28 11:28
Flash
13:08
President of the European Central Bank warns that artificial intelligence may trigger financial crisis risks
```htmlGolden Ten Data reported on June 17 that European Central Bank President Lagarde stated that artificial intelligence could potentially trigger a financial crisis, and the European Central Bank is determined to ensure this does not happen. Lagarde said on Wednesday: "Even with a sound regulatory system, we cannot stop the development of artificial intelligence. What we can do is be prepared." She warned that the real risk is not artificial intelligence itself, but the upheaval that may be triggered once this disruptive new variable enters the real world. Lagarde remarked: "In modern history, there is a force that has destroyed more jobs and eroded more savings than any technological innovation, and that force is financial crisis. As these systems become more powerful, they are penetrating deeper into the economy." Next, the European Central Bank will send letters to bank CEOs to ensure they are prepared for AI attacks, are resilient enough, and understand that addressing related risks requires significant investment. Lagarde believes that ultimately, some form of global governance mechanism for artificial intelligence needs to be established, similar to the nuclear non-proliferation agreements that helped maintain global security during the peak of the Cold War.```
13:05
TPG, Inc. announced it will acquire Waste Eliminator and Liberty Waste Solutions from Allied Industrial Partners.
This transaction aims to integrate resources and build an infrastructure operations entity focused on sustainable waste management solutions. Through strategic mergers and acquisitions, TPG plans to strengthen its position in the environmental services sector, creating a larger and more influential industry player.
13:05
A tungsten mine revival project in Nevada has recently received its first modern geological map, and the drill target areas have consequently become clearly defined.
This development marks a new phase in the exploration work of this key mineral project. With the completion of mapping, potential drilling targets have begun to take shape, laying a solid foundation for subsequent resource assessment and development. As an important strategic metal, tungsten has irreplaceable value in industrial and technological fields, and this exploration progress has attracted significant attention from the industry.The project area is located in Nevada, which has historically been an important region for tungsten production. The application of modern mapping technologies has enabled a more precise understanding of mineralized structures and resource potential, helping to optimize exploration strategies and increase the success rate of discoveries.This progress not only brings new impetus to the project itself but may also have a potential impact on the global tungsten supply chain landscape. As the transition to clean energy and the development of advanced manufacturing continue, the demand for critical metals such as tungsten keeps growing, making the importance of such exploration projects increasingly prominent.
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