Bitcoin Mining: Eric Trump Backs IPO
Eric Trump partners with @Hut8Mining to launch American Bitcoin Corp, aiming to become a leading U.S. Bitcoin miner and go public soon. #Update #Crypto (+6) ↗
Decrypt News
Decrypt.co is a leading digital media platform founded in 2018, dedicated to bringing clarity to the complex world of cryptocurrencies, blockchain technology, and Web3. Through unbiased reporting, in-depth features, and educational guides, Decrypt empowers readers to navigate the rapidly evolving decentralized landscape with confidence. The publication’s commitment to journalistic integrity and accessible storytelling has positioned it as a trusted source for both newcomers and seasoned enthusiasts seeking to stay informed in the ever-changing realm of digital assets.
Coinbase Secures 50 Percent of Circle’s USDC Revenue
@CoinbaseGlobal receives 50% of @Circle’s USDC reserve revenue, per Circle’s IPO filing, highlighting their symbiotic relationship and potential risks for Circle. #Update #Crypto $USDC (+3) ↗
Blockchain Leader Kristin Smith Joins Solana
Blockchain Association CEO Kristin Smith will resign on May 16 to lead Solana’s Policy Institute, starting May 19. Solana trades at $126.70. #Update #Crypto $SOL (+3) ↗
Stablecoins: Top Lawmaker Blocks Coinbase Proposal
Coinbase CEO Brian Armstrong’s plea for interest-bearing stablecoins was rejected by Rep. French Hill, who emphasized stablecoins as payment tools, not investments. #Update #Legal $USDC (-3) ↘
Bitcoin Treasury Surges to $324 Million
@Metaplanet acquired 696 $BTC, expanding its Bitcoin treasury to 3,896 BTC, now valued over $324 million. The firm ranks as the ninth-largest corporate Bitcoin holder globally. #Breaking #Crypto $BTC (+9) ↗
Crypto Rally: Dogecoin Cardano Surge
Dogecoin and Cardano lead crypto gains with $DOGE up 5.2% and $ADA up 5.9%, as Bitcoin, Ethereum, BNB, and Solana also rise modestly. #Update #Crypto $DOGE (+3) ↗
Crypto Protection Strengthened by California Act
Assemblymember Avelino Valencia introduces the Digital Assets Act, enabling California residents to use cryptocurrencies for payments and self-custody digital assets. #Update #Legal (+6) ↗
Coinbase Lawsuits Dismissed Kentucky Joins
Kentucky dismisses its lawsuit against @Coinbase, joining South Carolina and Vermont in recent legal retreats over staking services. #Update #Legal (+3) →
North Korea Hacking Beyond Lazarus Paradigm
North Korean hackers, including the Lazarus Group, stole $1.4B from @Bybit_Official in February, marking the largest crypto hack to date. #Breaking #Security (+9) ↗
OpenAI Secures $40B SoftBank Investment
OpenAI secures $40 billion funding led by SoftBank to enhance AI research and infrastructure, positioning just behind SpaceX in valuation. #Update #Tech (+7) ↗
OpenAI Unveils Open-Weight Model Innovation
@OpenAI plans to release an open-weight language model with reasoning capabilities, aiming to engage developers for feedback and collaboration. #Update #AI (+4) ↗
Studio Ghibli Memes Overload OpenAI GPUs
OpenAI’s GPUs are overwhelmed by demand for its new image generation feature in GPT-4o, leading to emergency limits as users create millions of anime-inspired illustrations. #Update #Tech (+7) ↗
Solana Launches Advocacy Group Led by Ex-DeFi Lobbyist
Miller Whitehouse-Levine launches Solana Policy Institute to advocate for $SOL interests in Washington amid increased political focus on crypto. #Update #Crypto $SOL (+4) ↗
Decrypt Integrates MYRIAD Markets Seamlessly
@DecryptMedia integrates @myriadmarkets on-site, allowing readers to make predictions within stories, enhancing engagement and creating new revenue streams. #Update #Crypto (+5) ↗