On The Wire: Today's Top Stories In Finance & Tech

Your daily briefing of some of the most important stories from the crypto, finance, and tech space.

The daily news roundup from REX Wire

Welcome to your daily briefing, where we bring you stories from the forefront of finance, technology, and market analysis, sent directly to your inbox.

In today's roundup, Telegram is planning an IPO, despite legal troubles. Bitcoin has overtaken silver's total valuation. Elon Musk plans to open source Grok in the near future. And Michael Saylor has taken the opportunity to explain his Bitcoin thesis on CNBC's Squawk Box.

Telegram's Ambitious Path Amidst Regulatory Scrutiny

Telegram's user base soars to 900 million, despite facing scrutiny for alleged illicit activities. Led by Pavel Durov, it aims for a stock market debut while upholding privacy and free speech, despite regulatory challenges.

Telegram’s Ambitious Path Amidst Regulatory Scrutiny
Telegram navigates growth and controversy, balancing innovation with calls for regulatory compliance.

Bitcoin Flips Silver; Google Next

As bitcoin increases in price, its total market cap surpasses that of silver at $1.4 trillion. Will Bitcoin one day take gold's crown?

Bitcoin Flips Silver; Google Next
Overtaking Microsoft would require bitcoin to trade at $153,000.

Elon Musk has started a lawsuit against OpenAI due to its pivot to a for-profit model. He now intends to open source his own AI platform as early as this week.

Musk To Open Source Grok Amid OpenAI Legal Battle
Musk’s move to open source Grok could ultimately mean that control over powerful AI models is lost.

Saylor: Microstrategy Is A 100-Year Holder

In an interview with CNBC's Squawk Box, Saylor describes Bitcoin as digital property, and says it is the ultimate commodity.

Saylor: Microstrategy Is A 100-Year Holder
Saylor describes Bitcoin as “digital property”, rather than digital currency, maintaining that its main purpose is capital preservation.

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