Day

May 3, 2025

Warren Buffett to step down as Berkshire Hathaway CEO by year's end

May 3, 20250
Warren Buffett, the CEO of publicly traded investment company Berkshire Hathaway, announced at the company’s annual shareholder meeting that he will step down by the end of 2025, and his chosen successor will take over as CEO, pending approval from Berkshire’s board of directors.According to CNBC, Buffett reiterated that Greg Abel, the company’s vice chairman...

Bitcoin miners should pay costs in depreciating currency — Ledn exec

May 3, 20250
Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin lending firm Ledn.In an interview with Cointelegraph,...

Why tokenized gold beats other paper alternatives — Gold DAO

May 3, 20250
Tokenized gold carries several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to tokenized gold.In an interview with Cointelegraph, the DAO representatives outlined three major benefits unique to tokenized gold, including 1:1...

Ethereum nears key Bitcoin price level that last time sparked 450% gains

May 3, 20250
Ethereum’s Ether (ETH) token is approaching a critical price zone against Bitcoin (BTC), which historically marked the beginning of a massive rebound.ETH price fractal from 2019 hints at bottom The ETH/BTC pair, currently trading near 0.019 BTC, is edging closer to 0.016 BTC — the exact level it reached in September 2019 before rallying nearly...

Bitcoin mining — Institutions boost investments amid favorable US climate

May 3, 20250
Opinion by: Fakhul Miah, managing director of GoMining InstitutionalThe Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment in the US and the profitability margin of BTC. Then, numerous companies are diversifying by...

After Zora airdrop goes awry, what’s next for Web3 creator economy?

May 3, 20250
Onchain social network Zora has built a reputation as a popular tool for artists, musicians and other creatives to monetize their content onchain, but the recent launch of its eponymous ZORA token has left many users confused and dissatisfied.The token’s price tanked shortly after launch, with users and observers complaining about everything from poor communication...

What is a sealed-bid token launch?

May 3, 20250
What are the various methods for launching crypto tokens? Launching a new token is a critical step for any blockchain project. Token launches enable projects to offer their native assets to early users, investors or supporters while securing capital or encouraging community growth. From initial coin offerings (ICOs) to fair launches and airdrops, each approach carries...

Over 70 crypto firms join forces to tackle big tech’s AI monopoly

May 3, 20250
In a move that hopes to challenge Big Tech’s grip on artificial intelligence, AI agent protocol Thinkagents.ai has launched a new open-source framework for building onchain agents that operate autonomously across decentralized networks.While traditional systems aim to restrict data ownership and platform abilities for their users, Thinkagents.ai is creating an interoperable ecosystem owned and controlled...

Deribit eyes US expansion under crypto-friendly Trump admin: FT

May 3, 20250
Deribit, the world’s largest crypto options exchange, is weighing an entry into the US market, encouraged by what it sees as a friendlier regulatory climate under President Donald Trump’s administration, according to a recent Financial Times report.The Dubai-based exchange, which processed $1.3 trillion in notional volume last year, is “actively reassessing potential opportunities” in the...

Arizona governor vetoes bill to make Bitcoin part of state reserves

May 3, 20250
Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to hold Bitcoin as part of its official reserves, effectively ending efforts to make Arizona the first US state to adopt such a policy.The Digital Assets Strategic Reserve bill, which would have permitted Arizona to invest seized funds into Bitcoin (BTC)...
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