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Bill PL 4501/2024, introduced in November 2024 by Deputy Eros Biondini, would create a Strategic Sovereign Bitcoin Reserve managed by the Central Bank and Ministry of Finance. The latest version from rapporteur Deputy Luiz Gastão on February 9, 2026, targets 1 million BTC at a cost of about $69 billion, or 19% of Brazil's $358 billion reserves. Proponents see it diversifying away from U.S. dollar assets and hedging risks, with secure storage and public reporting required, though it must clear multiple committees amid economic hurdles.

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Brazilian lawmakers just ramped up a plan to stockpile 1 million Bitcoin over five years—a move that could reshape the nation's reserves.

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The San Francisco AI company, known for Claude models, closed its Series G round on February 12, 2026, led by GIC, Coatue, Accel, and Founders Fund. It more than doubled its prior $183 billion valuation amid explosive growth to a $14 billion annualized revenue run-rate, driven by enterprise tools like Claude Code that alone brings in $2.5 billion. Supporters hail it as the fastest-growing software business ever, with strong customer traction including over 500 clients paying $1 million annually, while skeptics question the valuation against Alphabet's $400 billion revenue and higher margins.

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Anthropic just announced a massive $30 billion funding round, pushing its valuation to $380 billion—nearly 10% of Alphabet's market cap. The news has investors buzzing over whether the numbers add up.

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Profluent, an Emeryville-based AI biotech startup founded in 2022 by Ali Madani, raised $106 million on November 19, 2025, led by Altimeter Capital and Bezos Expeditions, bringing its total funding to $150 million and valuing it at nearly $1 billion. The company has achieved breakthroughs like the AI-designed OpenCRISPR-1 system for precise genome editing and ProGen models generating functional proteins. The new funds will scale computational resources for massive protein datasets and advance applications in therapeutics, agriculture, and materials.

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Jeff Bezos's investment fuels Profluent's quest to design proteins and genome editors using AI, pushing biotech boundaries.

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Bitcoin Rachy posted the query on X early Wednesday, prompting users to highlight Bitcoin's decentralized nodes, open-source code, public ledger, and 21 million supply cap as key distinctions from Ponzi schemes. Contributors contrasted it with fiat currencies' inflation since 1971 and noted regulators target actual Bitcoin scams, not the asset itself. As Bitcoin hit $90,000 amid post-election gains, the thread exposed divides between maximalists and skeptics invoking greater fool theory.

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A financial advisor turned to X after a client branded Bitcoin a Ponzi scheme—sparking over 400 replies packed with sharp rebuttals.

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Huffines, a former state senator running to cut government waste, saw his family's 2023 buy of the 10,000-acre New Mexico property—renamed San Rafael Ranch—ignite controversy due to its Epstein ties and recent abuse allegations from victims like Annie Farmer and Virginia Giuffre. Supporters note the public auction sale four years after Epstein's death funded victim settlements, with Huffines planning a Christian retreat and offering full cooperation to authorities. Critics, including GOP leaders, call it poor judgment amid unverified rumors, as early voting runs through February 28 before the March 3 primary.

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As early voting began Monday in Texas's Republican primary for state comptroller, Don Huffines' family purchase of Jeffrey Epstein's former Zorro Ranch drew sharp criticism from all sides.

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The Data Protection Commission launched a formal investigation into X on Tuesday, checking if Grok violated GDPR rules by using Europeans' personal data to generate these harmful images. The probe targets data processing practices, privacy design, and impact assessments, with potential fines up to 4% of X's global revenue. On the same day, Spain's government moved to have prosecutors examine X, Meta, and TikTok for possible crimes tied to AI-generated child pornography, as Prime Minister Pedro Sánchez called for an end to tech giants' impunity. Defenders claim rival AIs like ChatGPT refused similar prompts, suggesting selective focus on X.

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Ireland's data regulator stepped in after Grok AI churned out sexualized images of real people, celebrities, and even children—without consent—sparking urgent EU scrutiny.

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John Smith led Labour from July 1992 until his sudden heart attack death on May 12, 1994, at age 55, boosting the party to double-digit poll leads with his dry wit, Christian faith, and traditional values. He sidelined modernizers like Mandelson, earning praise as the 'best prime minister we never had' and 'last honest leader' from voices across the spectrum. The nostalgia surges now as Prime Minister Keir Starmer, who briefly appointed then sacked Mandelson as US ambassador, faces resignation calls after his chief of staff quit over the hire. While most mourn a lost era of integrity, a few question if Smith's government would have endured longer than past short-lived Labour terms.

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As fresh Epstein revelations force Peter Mandelson's resignation, a post recalls John Smith—the Labour leader who kept him at arm's length during his principled 22-month tenure.

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The gynecologist shared his tale on X early Tuesday, posting a photo of the crisp naira bundles worth about $109,000 today. He couldn't sleep, grew anxious, and ended up in the hospital from the shock. Nigerians responded with their own first-big-money moments, from teen betting wins and crypto pumps to crossing 1 million naira in savings, mixing laughter with honest reactions in a thread full of crying emojis and quips like 'Money and madness are two jolly friends.' The story highlights sudden wealth syndrome, a real anxiety from unexpected riches that feels especially relatable in Nigeria's cash-loving culture amid economic pressures.

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Eight years ago, Dr. Komolafe Ayodeji sold inherited property for 147 million naira in cash—and it left him sleepless, restless, and hospitalized.

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The billionaire investor, a major backer of Vice President JD Vance, gave off-the-record lectures in San Francisco where he warned of anti-technology forces led by figures like the newly elected American pope. Thiel quipped about Pope Leo's initials matching Rep. Alexandria Ocasio-Cortez and urged Vance to pray for the pontiff rather than heed his calls for AI restraint. The recordings highlight growing tensions between Silicon Valley innovators and faith leaders over technology's future impact on society. Neither Thiel nor Vance has commented publicly.

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In private talks this fall, Peter Thiel painted critics of AI progress as foot soldiers of the Antichrist, even nodding toward Pope Leo XIV's ethical warnings.

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The scandal stems from Starmer's 2024 appointment of Peter Mandelson as UK ambassador to the US, despite his ties to Jeffrey Epstein, which Mandelson downplayed even after Epstein's 2008 conviction. Starmer fired Mandelson last September and apologized to victims, but the fallout led to resignations this week from chief of staff Morgan McSweeney and communications director Tim Allan. Scottish Labour leader Anas Sarwar demanded Starmer step down ahead of elections, while his cabinet—including David Lammy and Rachel Reeves—rallied behind him, pointing to economic gains and falling NHS waiting lists as Starmer heads into a key 6 p.m. party meeting.

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Keir Starmer spoke directly to his No 10 staff this morning, vowing to stay put amid a wave of resignations and calls for his head from within his own party.

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The November 30 Washington Post piece highlights economists' fears of deflation, where broad price declines often precede recessions due to weak demand from layoffs or reduced spending. Experts like Johns Hopkins' Francesco Bianchi explain how dropping prices with steady wages could hurt company profits, spark job cuts, and create a downward spiral. Critics call the view out of touch with everyday struggles, while inflation lingers near 3 percent—above the Fed's target—and households grapple with elevated costs on cars, energy, health care, and child care.

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Families still feel the pinch from grocery prices up 25 percent over five years and housing costs soaring 30 percent since 2020. Now a new article cautions that falling prices across the board might mean even tougher times ahead.

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