Only 0.55% of Microsoft shareholders supported the proposal to buy and hold Bitcoin. According to Microsoft's annual investor relations report, Microsoft shareholders voted in favor of the proposal with 28.234 million votes, 5.148 billion votes against, and 22.6 million abstentions. Citing the volatility of Bitcoin, Microsoft's board of directors urged shareholders to reject the proposal before voting. (Decrypt)

A Florida mother sued Character.AI, claiming its chatbot encouraged her son's suicide, sparking broader concerns. Two Texas families have now filed lawsuits, alleging the app harmed their children through psychological abuse and exposure to sexualised content.

Sui Ecosystem Lending Protocol Suilend announced on the X platform that the SEND token was launched at 13:00 Beijing time on December 12. Suilend added that 40% of the SEND supply will be distributed through the mdrop mechanism: 20% will be rewarded to SEND point holders and early users; 5% will be allocated to the Sui ecosystem community; and 15% will be allocated to SAVE holders on Solana.

According to SoSoValue data, yesterday (December 11, Eastern Time), the total net inflow of Bitcoin spot ETFs was US$223 million. Yesterday, Grayscale ETF GBTC had a single-day net inflow of US$20.1306 million, and the current historical net outflow of GBTC is US$20.891 billion. Grayscale Bitcoin Mini Trust ETF BTC had a single-day net inflow of US$15.7354 million, and the current historical total net inflow of Grayscale Bitcoin Mini Trust BTC is US$916 million. The Bitcoin spot ETF with the largest single-day net inflow yesterday was Fidelity ETF FBTC, with a single-day net inflow of US$122 million, and the current historical total net inflow of FBTC reached US$12.224 billion. The second largest ETF is ARKB, which is owned by Ark Invest and 21Shares, with a single-day net inflow of $52.6743 million. Currently, ARKB has a total net inflow of $2.637 billion. As of press time, the total net asset value of the Bitcoin spot ETF is $113.717 billion, and the ETF net asset ratio (market value to the total market value of Bitcoin) is 5.67%, with a total net inflow of $34.576 billion.

According to the official Babylon platform data, the total BTC pledged is currently 34,890.31, with 19.1 BTC in the pending state. Since the launch of Babylon Cap-3, the pledged amount has exceeded 11,000 BTC (previously, the total pledged amount of Cap-1 and Cap-2 was about 23,891 BTC). It is reported that Babylon announced the official launch of the mainnet Bitcoin pledge Cap-3 phase on December 10, and there are still 735 blocks, about 5 days, from the end.

According to Onchain Lens, a whale wallet that has been silent for 293 days is buying LINK in the past hour. The whale wallet spent 658.14 ETH (worth $2.58 million) to buy 93,271 LINK at an average price of $27.71. The newly created wallet has sent 93,171 LINK back to the whale wallet and currently holds 100 LINK; this whale wallet still holds 1,991 ETH worth $7.79 million and 94,533 LINK worth $2.62 million.

The post Elon Musk’s Net Worth Crosses $400 Billion: Bitcoin, Tesla, and SpaceX Holding Surge appeared first on Coinpedia Fintech News Elon Musk has once again shattered records, becoming the first person ever to reach a net worth exceeding $400 billion. This achievement marks a historic milestone, driven by surging valuations of his companies, particularly Tesla and SpaceX, along with the... source: https://coinpedia.org/news/elon-musks-net-worth-crosses-400-billion-bitcoin-tesla-and-spacex-holding-surge/

Tesla and SpaceX boss Elon Musk's net worth has officially exceeded $400 billion, setting a new record for the world's richest person according to the Bloomberg report.

null source: https://x.com/Bitcoinsensus/status/1867071940139061662

According to SoSoValue data, yesterday (December 11, EST), the total net inflow of Ethereum spot ETFs was $102 million. Yesterday, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of $2.2557 million, and the current historical net outflow of ETHE is $3.501 billion. Grayscale Ethereum Mini Trust ETF ETH had a single-day net inflow of $13.3815 million, and the current historical total net inflow of Grayscale Ethereum Mini Trust ETH is $531 million. The Ethereum spot ETF with the largest single-day net inflow yesterday was BlackRock ETF ETHA, with a single-day net inflow of $74.1591 million, and the current historical total net inflow of ETHA reached $2.987 billion. The second is Grayscale ETF ETH, with a single-day net inflow of US$13.3815 million. Currently, the total net inflow of ETH has reached US$531 million. As of press time, the total net asset value of Ethereum spot ETF is US$13.183 billion, and the ETF net asset ratio (market value to the total market value of Ethereum) is 2.86%, and the historical cumulative net inflow has reached US$1.968 billion.

According to Cointelegraph, OpenAI has issued an apology to its 200 million active users after ChatGPT experienced a network outage shortly after being integrated into Apple's latest software update. The company acknowledged the issue in a Dec. 12 post, stating they were working on a fix. By the time of publication, ChatGPT was back online in Australia. The outage coincided with the integration of ChatGPT into Apple's virtual assistant Siri, available on iPhones, iPads, and Macs. OpenAI has not confirmed if the integration directly caused the network issues. Many users attempting to access ChatGPT's API encountered messages indicating the service was unavailable, with OpenAI assuring users they were addressing the problem. OpenAI's video generation model, Sora, was also impacted by the outage. However, the company reported that traffic for both ChatGPT and Sora had largely recovered by 3:53 am UTC on Dec. 12. Reports of the network failures began around 11:07 pm UTC on Dec. 11, with a peak of 1,532 reports within a 15-minute interval before the volume of reports decreased. This incident marks at least the fourth network outage for ChatGPT since June, following similar issues in June and August. The outage occurred as ChatGPT was being integrated into Apple's Apple Intelligence, allowing Siri to utilize ChatGPT for certain requests, such as questions about photos and documents. Apple announced on Dec. 11 that these features are available on most iPhone 15 models and above. In a related development, Meta experienced its own technical issues on Dec. 11, affecting some Facebook and Instagram users. Meta reported that by 10:26 pm UTC, they had resolved 99% of the issues and were conducting final checks.

According to Odaily, Michael Saylor has articulated that MicroStrategy's primary focus is to connect the traditional financial markets with the crypto economy using Bitcoin. This strategic direction underscores the company's commitment to leveraging Bitcoin as a pivotal tool in integrating these two financial realms. MicroStrategy, under Saylor's leadership, has been at the forefront of adopting Bitcoin as a significant asset, reflecting a broader vision of financial innovation. The company's approach highlights the potential of Bitcoin to serve as a bridge between conventional finance systems and the emerging digital currency landscape. By positioning Bitcoin at the core of its strategy, MicroStrategy aims to facilitate a seamless transition and interaction between these distinct financial sectors. This initiative by MicroStrategy is part of a larger trend where traditional financial institutions are increasingly exploring the integration of cryptocurrencies into their operations. The move is seen as a step towards embracing the transformative potential of blockchain technology and digital assets. As the financial world continues to evolve, MicroStrategy's efforts to link these two domains could play a crucial role in shaping the future of finance.

Google has several experimental AI assistant projects that do different things, like helping users play video games and conduct in-depth research.

Crypto phishing scams are growing more advanced, using social engineering and malware to exploit social media users. Scam Sniffer reports attackers impersonate crypto influencers and use bots to mimic verification, raising the pressing question: Are scams evolving faster than we can fight them?

Once primarily used for cryptocurrency trading, stablecoins have now become versatile tools for everyday use cases, providing broad utility to the crypto-native ecosystem and TradFi.

Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.

Riot Platforms completes $525 million note issuance, fully increasing BTC acquisition Golden Finance, these notes are privately issued to institutional investors

Japan is set to launch its first cryptocurrency-backed credit card in 2025, a partnership between Slash Vision Labs and a major Japanese credit card issuer. This development signals Japan's increasing adoption of Web3 technologies and raises the question: Will 2025 be the year cryptocurrencies go mainstream?

What is the power of the Willow chip? How far is it from mass production?

Google says its new quantum chip suggests there are multiple universes, TechCrunch reports.