1h ago
Mark Karpelès proposes Bitcoin hard fork to reclaim $5.2B in stolen Mt. Gox BTC
Former Mt. Gox CEO Mark Karpelès has outlined a draft plan for a Bitcoin hard fork to recover nearly 80,000 BTC tied to the exchange’s 2011 hack, currently valued at over $5.2 billion. The proposal would redirect coins from a long-dormant theft address to a recovery wallet for court-supervised creditor repayments, reigniting debate over whether such changes undermine Bitcoin’s immutability.
1h ago
1d atrás
World Liberty ties WLFI governance power and USD1 node access to long-term token staking
World Liberty Financial has introduced a governance proposal that requires unlocked WLFI holders to stake their tokens for at least 6 months before gaining voting rights. Participants who vote at least twice during the lock period can earn 2% annual WLFI rewards, while large holders who stake 10 million or 50 million WLFI can qualify for Node and Super Node tiers, gaining special access to USD1 stablecoin services and extra incentives. The phased rollout will proceed after token holders approve the plan and a quorum of 1 billion eligible WLFI participates over a seven-day voting window.
WLFI
WLFI-2.54%
1d atrás
1d atrás
Baidu sheds $11 billion as ad slump outpaces fast-growing AI business in 2024
Baidu's market value dropped by about $11 billion after its share price fell nearly 20% amid weak core advertising revenue and slower-than-expected AI monetization. In 2024, Baidu Core online marketing revenue declined 18% to RMB 15.3 billion, while total company revenue slipped 7% year over year to RMB 31.2 billion and earnings per share contracted 56.75%. Although AI Cloud, AI-native marketing and AI applications posted strong growth, investors questioned whether these units can offset the shrinking ad business and asset impairments of RMB 16.2 billion. Some shareholders, including HHLR Advisors, exited large positions, and Baidu's efforts to restore confidence with a first dividend and a three-year stock buyback plan of up to $5 billion have yet to reverse sentiment.
Selecionado
1d atrás
2-23
Supreme Court ruling on Trump tariffs leaves $8.2 billion in imports stuck in legal limbo
After the U.S. Supreme Court struck down a core element of Donald Trump's tariff program, about $8.2 billion in imported goods have been left in legal uncertainty as customs systems have yet to adjust. Importers are facing delays, potential overpayment of duties, and confusion over refunds, while the White House has moved to impose a new 15% global tariff under Section 122 of the Trade Act of 1974.
2-23