Jack Dorsey, Square, Artificial Intelligence, AI Agent, When Block laid off half the company, there were no bad guys in the AI ​​unemployment wave. Golden Finance, The first chapter of the 2028 global AI crisis has emerged.

U.S. Senator Elizabeth Warren and Office of the Comptroller of the Currency (OCC) Comptroller Jonathan Gould engaged in a heated debate at a Senate Banking Committee hearing regarding World Liberty Financial's (WLFI) application for a national trust banking license. Warren called the application the "most despicable" presidential corruption scandal, pointing to an investment firm linked to UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan investing $500 million in WLFI four days before Trump's inauguration, acquiring a 49% stake, of which approximately $187 million went to Trump family entities. Warren urged Gould to reject or suspend the review of the application, stating that approval would make it "an accomplice to corruption." Gould refused to intervene, stating that he would process the application according to standard procedures and countered that the only political pressure he felt came from Warren. Forty-one House Democrats had previously written to the Treasury Secretary, warning that approving the license could threaten "the legitimacy of the U.S. banking system and its independence from foreign actors." (Decrypt)

null source: https://x.com/BSCNews/status/2027260086775865830

Fairfax Financial Holdings is currently the leading contender to acquire a majority stake in IDBI Bank. Bloomberg posted on X, highlighting that this potential acquisition could mark the largest foreign investment in India's banking sector. The move underscores Fairfax's strategic interest in expanding its presence in the Indian financial market. The acquisition, if successful, would signify a significant shift in the ownership structure of IDBI Bank, potentially influencing the broader banking landscape in India.

Santiment posted on the X platform that Bitcoin is about to reach a milestone, with the number of wallets holding at least 100 BTC exceeding 20,000. These wallets currently hold at least $6.78 million in value and are primarily owned by high-net-worth individuals, funds, long-term holders, or institutions. An increase in this number during or after a price decline can be seen as a bullish signal. However, to date, the overall supply ratio of key holders has not increased significantly, keeping prices low. The increase in the number of wallets holding 100 or more BTC indicates that holdings are distributed among more large holders, rather than being monopolized by a few. This shows a decrease in the concentration of top-level holdings. At the same time, compared to smaller retail wallets, wealth is concentrating in the hands of more powerful large holders. Therefore, this is not a minimal sign of decentralization, but it indicates that more independent entities have reached "whale" level. Historically, increases in the number of whale wallets have often occurred during accumulation phases, subsequently supporting price recovery. The growth in the number of wallets needs to match the growth in the overall supply held, with retail investors gradually selling their tokens to larger holders. History shows that this phase often occurs when retail traders panic sell or take profits too early.

London is experiencing a shortage of office space, indicating a bustling city environment but raising concerns about future economic growth. Bloomberg posted on X, highlighting the implications of this trend for the city's economic prospects. The lack of available office space suggests a thriving business environment, yet it also poses challenges for sustained economic expansion. As demand continues to outpace supply, the situation underscores the need for strategic planning to accommodate future growth.

null source: https://x.com/decryptmedia/status/2027258027095560475

Warren called WLFI's charter bid the "most disgraceful" corruption scandal, with the OCC's chief quick to defend the regulator's processes. source: https://decrypt.co/359364/elizabeth-warren-occ-chief-spar-over-trump-linked-crypto-bank-bid

According to the official announcement, Binance Wallet will launch the Sentio (ST) Booster event on February 27th, with a total of 25 million ST tokens (2.5% of the total supply) airdropped in phases. The threshold for Phase 1 is 66 Alpha points, with a deduction of 5 points for participation, and the tokens may be locked. In the Pre-TGE event, each user can contribute a maximum of 3 BNB; ST will not be available for trading until the project unlocks its tokens.

Minipigs are becoming integral to the European Union's efforts to bolster its biotech industry. Bloomberg posted on X, highlighting their ease of breeding and cost-effectiveness as significant advantages. These animals are increasingly used in research and development, contributing to the EU's goal of enhancing resilience in the biotech sector. The focus on minipigs reflects a broader strategy to innovate and advance scientific capabilities within the region.

null source: https://x.com/reutersbiz/status/2027257488639246634

Cryptocurrencies still hold a place in retail investor portfolios, but they are now just one of many investment tools, not the primary speculative instrument. The stock market offers increasing volatility, is more competitive, and its analytical advantages are becoming increasingly apparent.

Beast Industries has suspended an employee and started an internal investigation after Kalshi fined and banned Artem Kaptur, a video editor for MrBeast, for using inside information to place trades. Kalshi said the trades were linked to upcoming videos and showed near-perfect results, and the case has been referred to the Commodity Futures Trading Commission.

The Trump family’s high-profile Bitcoin wager is entering a far more unforgiving phase.

If software stocks are falling due to concerns about artificial intelligence, why is Bitcoin also falling? Are investors genuinely worried that AI will impact Bitcoin's growth?

The United States is turning Bitcoin from a tool for crime into a strategic reserve to establish global dominance in digital finance.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2980, providing you with the latest and fastest news on the digital currency and blockchain industry.

What ZachXBT has uncovered is not just one or two bad apples, but an entire orchard in dire need of thorough remediation.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

Companies that were supposed to be "market makers" and "providing liquidity" were accused of front-running, manipulating national stock indices, and running daily algorithmic sell-off programs to trade assets tracked by their ETFs.