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Telecommunications & Media

Elon Musk says today\'s technology would have meant being burned at the stake 300 years ago, 2012 speech revisited

Elon Musk’s technology philosophy, outlined in a 2012 commencement speech at the California Institute of Technology, is drawing fresh attention. Musk compared advanced technology to magic and cited Arthur C. Clarke’s line that sufficiently advanced technology is indistinguishable from magic. He said modern everyday technology would have led to being burned at the stake 300 years ago. The renewed focus follows Musk’s recent projects including Neuralink’s brain-computer interface work and broader expansion into AI and robotics.

Crypto

Bitcoin slides but long-term holders boost BTC stash 69 percent, on-chain metrics strengthen

Bitcoin fell 22 percent in the first quarter, but long-term accumulation-minded investors increased their holdings by 69 percent, Ark Investment Management said. Bitcoin ended the quarter at about $68,200, below three key support levels, putting it in a technically bearish zone, Ark said. It did not see signals of a historical bottom. U.S. spot bitcoin ETF holdings were little changed at about 1.29 million BTC, while long-term buyers raised holdings from about 2.13 million to 3.60 million BTC.

Crypto

Project Hangang accelerates as Circle eyes South Korea stablecoins

As legislation on South Korea’s Digital Asset Framework Act stalls in parliament, the Bank of Korea is stepping up its central bank digital currency pilot, Project Hangang, entering a second phase focused on preparing deposit tokens for commercialisation. A turf dispute is also emerging between the central bank and the Financial Services Commission over regulatory authority, including licensing for stablecoin issuance. U.S. stablecoin firm Circle has highlighted Korea as a key hub and flagged possible expansion.