Datavault AI’s Biconomy Mishap Warns Bitcoin Treasury Investors

The most recent “not your keys, not your coins” incident involving a small Nasdaq-listed company that lost access to its bitcoin and saw its stock crash 50% serves as a reminder of the risks facing bitcoin treasury investors. On Oct. 26, tech company Datavault AI disclosed that it had been unable to withdraw bitcoin…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinArtificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
More about Artificial intelligenceMore in Finance
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