Why Saylor’s STRC isn’t really a money market or bank account
Speaking about STRC, Saylor said, “Everybody in the world would love to have a high yield bank account that yielded 10%.” Source link
Coinbase
Crypto
Bitcoin 2026 Conference Divides Its Community
The Bitcoin 2026 Conference drew more than 40,000 attendees to The Venetian Resort in Las Vegas from April 27 to 29, but the institutional-heavy speaker lineup sparked a sharp backlash from early adopters who accused the event of abandoning its cypherpunk origins for corporate suits and regulators. Summary Speakers included Strategy’s Michael Saylor, BlackRock’s Robert
Bitcoin
Tim Draper Says ‘You Should Be Scared’ Without 6 Months Bitcoin Savings
Key Takeaways: Tim Draper warned Bitcoin 2026 attendees that companies without 5-15% bitcoin treasury allocation risk collapse if banks fail. Draper cited the Silicon Valley Bank (SVB) failure in 2023 as proof that bitcoin belongs on corporate balance sheets for payroll protection. Draper called holding 6 months of bitcoin reserves essential for families as fiat
Crypto
Robinhood Q1 crypto revenue falls 47% amid global retail activity decline
Robinhood’s Q1 crypto revenue dropped 47% to $134 million as global retail crypto activity fell 11% year-over-year to $979 billion. The Bitcoin dip to $60,000 in April market, tied to geopolitical tensions and macroeconomic instability, prices in a higher likelihood of a bearish outcome. Market reaction The long-term market for Bitcoin reaching $200,000 by December
Tech & AI
Amazon is already offering new OpenAI products on AWS
Almost as soon as OpenAI announced that its major investor and cloud partner, Microsoft, no longer has exclusive rights to any of its products, Amazon started gloating. After the revised OpenAI/Microsoft agreement was announced on Monday, Amazon CEO Andy Jassy noted in a tweet that it was a “very interesting announcement.” That agreement solved OpenAI’s
Coinbase
Vercel faces user exodus after CEO picture with Benjamin Netanyahu
Netanyahu was pictured with Rauch at a tech event with US investors to discuss how AI could bolster Israel’s economy. Source link
Crypto
Trump’s Meme Coin Is a Major Roadblock to the CLARITY Act
According to critics, half of crypto’s most influential people were at Trump’s recent meme coin dinner, which is why they can’t say anything. The CLARITY Act, the most consequential crypto legislation working through the US Senate, is stalling partly because of President Donald Trump’s own meme coin. That’s the argument being made publicly by
Bitcoin
Tether Picks Canaan Modules to Power Immersion Mining Sites
Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026. The modular system, co-designed with ACME Swisstech, cuts operational complexity and boosts compute density for large-scale immersion-cooled mining. Tether holds an option to purchase additional module volume, signaling potential multi-phase expansion of the partnership. Canaan
Crypto
Over Protocol’s lights go out, leaving a “decentralized” shell behind
Over Foundation has shut down all Over Protocol infrastructure, abandoning OverWallet, nodes and explorers, and leaving block production to any validators stubborn enough to keep running. Summary Over Foundation says “insurmountable financial constraints” forced it to permanently cease operations, killing OverWallet, OverNode, OverFlex, RPC endpoints, block explorers, and public APIs with immediate effect. The Layer
Tech & AI
Xpeng Flying Car Deliveries Target 2027 as Certification Gaps Remain
Xpeng’s flying car factory is moving from prototype to production, but certification gaps still separate delivery plans from public passenger service. The post Xpeng Flying Car Deliveries Target 2027 as Certification Gaps Remain appeared first on TechRepublic. Source link