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After taking nearly 2 billion VND of union funds to play bitcoin, the former Chairman of the Union of Inahvina Company Limited quietly resigned to avoid responsibility.
On November 12, Ho Chi Minh City People's Court sentenced defendant Pham Dinh Tuong (40 years old, from Quang Ngai) to 20 years in prison for the crime of "Embezzlement of property".
According to the accusation, in 2017, Tuong was elected as Chairman of the Trade Union, accountant and treasurer of the trade union of Inahvina Company Limited.

Billionaire Warren Buffett: Investing in Bitcoin is like 'gambling,' it will eventually drain all your money; instead, you should buy these two types of assets when you have the chance.

The investment legend calls Bitcoin essentially worthless.
Bitcoin, the largest cryptocurrency in the world, is trading around its highest level in the past 10 months. However, in an interview on April 12 with CNBC, investment legend Warren Buffett called Bitcoin a 'worthless gambling token.'

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Bitcoin is on track to achieve its seventh consecutive week of price increases, marking the longest streak since 2021. Growing optimism about a cryptocurrency-friendly US administration under Donald Trump has propelled this market to unprecedented heights.
Bitcoin achieves the longest price surge in the last three years

Bitcoin is witnessing its seventh consecutive week of price increases, an unprecedented record since September 2021. At that time, Bitcoin had peaked at nearly $69,000 in November 2021, before plummeting to just over $15,000 in 2022 due to a series of scandals and bankruptcies in the cryptocurrency industry.

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Many users on X (Twitter) have shared an update stating that Binance is ready to list Pi Coin on December 31st. This announcement quickly caught attention, sparking excitement and speculation among Pi Network supporters.

A viral post from an X account named Pi News shared a post stating: 'If #PiNetwork gets listed on #Binance, what do you think the price of Pi will be?'

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Mr. Biden would set a bad precedent if he grants a preemptive pardon to someone who could be targeted by Mr. Trump, while the protective effect is limited.
After the controversial pardon of his son Hunter Biden earlier this month, U.S. President Joe Biden is said to be discussing with aides the possibility of issuing a series of preemptive pardons for members of the administration who are at risk of being targeted when Donald Trump takes office.

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Donald Trump Considers Abolishing FDIC: A Bold Move Towards the Cryptocurrency Sector?
Donald Trump is making surprising moves to radically change the U.S. banking system, causing a stir in both the financial and cryptocurrency sectors.
Root Reforms: Merging or Abolishing the Banking Agency
According to a report from the Wall Street Journal, Trump's team is exploring the possibility of downsizing, merging, or even abolishing key banking regulatory agencies such as the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC).

Revived and improved from Solidly, Velodrome Finance has grown to become the leading AMM on layer 2 Optimism. In this article, let's learn about the operating mechanism and outstanding features of Velodrome Finance, the ve(3,3) model, and detailed information about VELO Token!

What is Velodrome Finance?
Velodrome Finance is a decentralized exchange focused on Optimism. Taking the development idea and codebase from Solidly, a famous AMM with the ve(3,3) model on Fantom in early 2022, Velodrome claims to have solved Solidly's weaknesses and made better use of the ve(3,3) model.

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The flight time from Earth to the Moon depends on many factors, including fuel quantity, lunar orbit, and mission objectives.

<br /><br />The spacecraft can fly to the Moon in 8 hours - 4.5 months depending on many factors. Photo: Elen11 <br /><br />

Flying to the moon is no easy task. The natural satellite orbits Earth at an average distance of 238,000 miles (384,400 km). Based on lunar missions over the past few decades, travel times range from 8 hours to 4.5 months. The fastest man-made spacecraft to fly by the moon was NASA's New Horizon probe, launched in 2006 to study Pluto. New Horizon flew by the moon about 8 hours and 35 minutes after launch, according to Live Science.

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BlackRock stated that an allocation of up to 2% in Bitcoin is ‘a reasonable range’

The $11.5 trillion asset management company BlackRock recently stated that an allocation of up to 2% in Bitcoin is a ‘reasonable range’ for a multi-asset portfolio. The world's largest asset management firm noted that the leading cryptocurrency is gaining increasing prominence in modern investing, according to a Bloomberg report.

Apple has confirmed that their devices are vulnerable to exploits that allow remote execution of malicious code via web-based JavaScript, creating an attack vector that could lead to victims losing cryptocurrency.
This vulnerability, discovered by researchers at Google's threat analysis group, allows for 'processing maliciously crafted web content', which can lead to 'cross-site scripting attacks'.

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The U.S. Securities and Exchange Commission (SEC) has reopened its investigation into Elon Musk's startup Neuralink. This event continues to draw attention to Musk's activities, especially as he and his lawyer declare they will not be "intimidated" by pressure from regulators.

SEC reopens investigation into Neuralink

According to a letter shared by Elon Musk on social media X (formerly Twitter), the SEC has officially reopened its investigation into Neuralink, Musk's brain chip technology company. The letter, dated December 12, was written by lawyer Alex Spiro and sent to outgoing SEC Chairman Gary Gensler.

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Financial Times reported that Elon Musk's SpaceX has been valued at up to $350 billion in a new deal, making this rocket and satellite manufacturer the most valuable private startup in the world.
Under the new agreement, SpaceX and investors will purchase $1.25 billion of the company's existing common stock at $185 per share. This figure marks a 65% increase in stock since the most recent agreement in September, when employees sold shares at $112 each.

It only takes 5 minutes to solve a problem that would take 10 million trillion years, so why hasn’t Google's quantum chip 'conquered' Bitcoin's encryption algorithm yet?

Breaking Bitcoin's encryption algorithms is not that simple, even with the use of quantum supercomputers.

Google's recent breakthrough in quantum computing, evidenced by the advanced Willow chip, has attracted attention not only from the market but also from leading innovators like Elon Musk and Sam Altman of OpenAI. However, amidst this buzz, some cryptocurrency critics have begun targeting Bitcoin, viewing it as the biggest 'loser' in the upcoming quantum revolution. But in reality, this perspective does not accurately reflect the essence of the issue.

Elon Musk's personal fortune is greater than the market capitalization of the giant retailer Costco.

According to the Bloomberg Billionaires Index, Elon Musk's net worth as of December 12 is $447 billion. He added $63 billion in just one day due to Tesla's stock rising 6% and SpaceX being valued at $350 billion.

In 2024, Elon Musk's wealth increased by $218 billion. This amount alone is higher than all the other wealthy individuals on the list, except for Amazon's Bezos ($249 billion) and Meta's Mark Zuckerberg ($224 billion).

During the recent boom of Layer 1 blockchains, 'Sui' was the most searched keyword among the cryptocurrency community. The reason for this is the price increase of the SUI token and the continuously rising TVL of the eponymous ecosystem. So what is special about this project? Let's explore the Sui blockchain and its ecosystem through the article below.

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The U.S. employment report for November exceeded expectations, six times higher than the previous month, but the unemployment rate also increased: the Fed becomes more cautious ahead of its interest rate decision.

On December 6, the U.S. Bureau of Labor Statistics reported that non-farm employment in November had rebounded beyond expectations. The previous month, jobs had plunged due to the impact of the strike and natural disasters.

Non-farm payrolls increased by 227,000 in November, six times the revised increase of 36,000 jobs in October. The actual number of jobs in November also exceeded Dow Jones' forecast of 214,000 new jobs.