πŸ“° News Alert... πŸ”– Title: UK Weighs Keeping $6.4 Billion in Bitcoin Gains from 2018 Chinese Fraud Case πŸ—“οΈ Published: 2025-07-19T00:00:00.000Z πŸ“„ Summary: UK officials are considering whether to retain approximately $6.4 billion obtained from Bitcoin seized in a 2018 Chinese fraud scheme. The discussion centers on whether the current value of these seized assets should be distributed to the victims or kept by the government. This case highlights the complexities involved in handling crypto assets linked to fraud and raises important questions about victim compensation and asset management. πŸ”—
Cointelegraph
Britain Weighs Holding Surplus From $6.4B Bitcoin Scam Bust
British officials may retain roughly $6.4 billion in gains from Bitcoin confiscated in a major China-linked scam rather than return the windfall to...
 πŸ—žοΈ Source: Cointelegraph by Adrian Zmudzinski πŸ’“ #Cryptocurrency #Bitcoin #FraudRecovery
πŸ“° News Alert... πŸ”– Title: Ashok Elluswamy: The Quiet Architect Behind Tesla’s Autonomous Driving Revolution πŸ—“οΈ Published: 2025-10-02T15:02:00.000Z πŸ“„ Summary: Ashok Elluswamy, Tesla’s Vice President of AI Software, has played a pivotal yet low-profile role in advancing the company’s self-driving technology. Leading the Autopilot team since 2022, Elluswamy executed Elon Musk’s bold decision to eliminate ultrasonic sensors in favor of camera-only systems. His leadership was crucial during the rollout of Full Self-Driving (FSD) and Tesla’s recent robotaxi services in Texas and California. Known for his hands-on approach and resilience to pressure, Elluswamy embodies Musk’s risk-taking vision and is now instrumental in Tesla’s AI-first strategy and the Optimus humanoid robot program. Despite challenges, including legal scrutiny and regulatory probes, his influence continues to shape Tesla’s future in autonomous driving and robotics. πŸ”—
Business Insider
Inside the rise of the Elon Musk lieutenant leading Tesla's self-driving gamble
Ashok Elluswamy is an Elon Musk lieutenant, founding member of Tesla's Autopilot team, and the VP for AI software. How did he get there?
 πŸ—žοΈ Source: Business Insider πŸ’“ #AutonomousVehicles #TeslaAI #TechLeadership
πŸ“° News Alert... πŸ”– Title: Bitcoin hits $118.5k: All-time high could be next as rate-cut bets crush shorts πŸ—“οΈ Published: 2025-10-02T15:00:00.000Z πŸ“„ Summary: Bitcoin traded near $118,500 amid a backdrop of increased rate-cut expectations following a U.S. government shutdown. The easing dollar and a notable short squeeze across derivatives markets are driving momentum in the cryptocurrency. Meanwhile, gold reached new record highs around $3,895 per ounce, reflecting growing investor appetite for safe-haven assets. These market dynamics traditionally suggest stronger performance for digital and precious metal assets ahead. πŸ”— https://cryptoslate.com/bitcoin-hits-118-5k-all-time-high-could-be-next-as-rate-cut-bets-crush-shorts/ πŸ—žοΈ Source: CryptoSlate πŸ’“ #Bitcoin #Cryptocurrency #FinancialMarkets
πŸ“° News Alert... πŸ”– Title: Lava Introduces New Dollar Yield Product Offering Up to 7.5% APY πŸ—“οΈ Published: 2025-10-01T21:01:35.000Z πŸ“„ Summary: Lava has launched an innovative dollar yield product that offers investors up to 7.5% annual percentage yield (APY). This product is distinguished by its backing exclusively through bitcoin collateral, providing a secure and attractive lending option in the evolving crypto finance landscape. This development signals Lava's commitment to expanding yield opportunities while leveraging the strength of bitcoin as collateral. πŸ”— https://www.theblock.co/post/373096/bitcoin-lending-platform-lava-funding-new-yield-product?utm_source=rss&utm_medium=rss πŸ—žοΈ Source: Yogita Khatri πŸ’“ #CryptoFinance #BitcoinLending #YieldOpportunities
πŸ“° News Alert... πŸ”– Title: Metaplanet surges past 30,000 BTC creating 4th largest Bitcoin treasury πŸ—“οΈ Published: 2025-10-01T18:00:00.000Z πŸ“„ Summary: Tokyo-based Metaplanet has solidified its standing among the top corporate Bitcoin holders, surpassing the milestone of 30,000 BTC. The company recently acquired 5,268 BTC at an average price of $116,870, investing approximately $616 million to bolster its cryptocurrency reserves. This strategic move places Metaplanet as the fourth-largest holder of Bitcoin among corporations, highlighting the growing institutional confidence in digital assets. πŸ”— https://cryptoslate.com/metaplanet-surges-past-30000-btc-creating-4th-largest-bitcoin-treasury/ πŸ—žοΈ Source: CryptoSlate πŸ’“ #Bitcoin #CorporateCrypto #DigitalAssets