Digital Asset
Intelligence

Crypto

Phemex CEO: AI a 'net negative' for crypto

Summary: Phemex CEO Federico Variola stated that artificial intelligence has been a net negative for the cryptocurrency industry, citing capital diversion and increased security risks.

Strive Buys 469 BTC, Holdings Reach 25,000

Summary: Nasdaq-listed Strive acquired 469 bitcoins at an average price of approximately $77,954, bringing its total holdings to 25,000 BTC worth nearly $2 billion.