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news.bitcoin.com OpenAI Hits $500B Valuation After Employee Share Sale as AI Mania Accelerates

OpenAI hit a cool $500 billion valuation after a secondary stock sale, putting the San Francisco AI lab in rarefied company and on every investor’s speed dial. Half-Trillion Milestone: OpenAI’s Secondary Sale Crowns a New AI King The tender lets current and former employees cash out roughly $6.6 billion without issuing new shares, a classic […]

bitcoinist.com SWIFT’s Blockchain Move Is Positive For Ripple? Why XRP Is Still The Better Option

SWIFT’s decision to test a blockchain prototype with Consensys (Ethereum) has stirred debate in the crypto space, raising concerns about whether XRP’s role in global finance may be under threat. While Ethereum may offer experimentation, a crypto analyst argues that the XRP Ledger (XRPL) already delivers enterprise-grade performance, compliance features, and real-world adoption that institutions […]

blockonomi.com New York Senator Proposes Crypto Tax on Energy Use by Miners

TLDR New York State Senator Liz Krueger has introduced a bill to impose a tax on crypto energy consumption by mining companies. The proposed tax will be levied in tiers based on annual energy usage, with miners using more power paying higher rates. Miners consuming up to 2.25 million kWh annually will be exempt from [...] The post New York Senator Proposes Crypto Tax on Energy Use by Miners appeared first on Blockonomi.