News
Bitcoin hits $80k, selling pressure eases as short-term losses drop
1+ hour, 12+ min ago (472+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, De Fi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology,…...
Samanth Subramanian: Subsea cables are critical yet vulnerable infrastructures, fiber optics revolutionize data transmission, and privatization reshapes telecom funding | Odd Lots
2+ hour, 9+ min ago (373+ words) Geopolitical tensions threaten the fragile undersea cables that form the backbone of our digital world. Samanth Subramanian is a contributing writer for the Guardian Long Read. He is the author of A Dominant Character: The Radical Science and Restless Politics…...
Keel Infrastructure reports Q1 2026 net loss of $145 M, shifts focus to AI and HPC development
1+ hour, 23+ min ago (526+ words) The former Bitcoin miner formerly known as Bitfarms posted a brutal quarter as it bets big on a 2. 2 GW AI infrastructure pipeline across North America. Keel Infrastructure, the company that used to go by Bitfarms, just posted a $145 million net…...
Strategy plans to buy more Bitcoin despite potential sales for dividends
1+ hour, 23+ min ago (399+ words) Michael Saylor says the company will purchase 20 BTC for every one it sells to fund shareholder payouts, reinforcing its all-in Bitcoin treasury approach. Michael Saylor has a message for anyone worried that Strategy might be going soft on Bitcoin: for…...
Krishna Rao: Effective compute procurement is vital for tech success, dynamic resource allocation boosts model efficiency, and shifting to exponential growth is essential for innovation | Invest Like the Best
2+ hour, 6+ min ago (295+ words) Strategic compute resource management is driving exponential growth and unlocking new revenue streams in AI development. Krishna Rao serves as Chief Financial Officer of Anthropic. He previously served as CFO of Fanatics Commerce and secured a $1 billion lifeline for Airbnb…...
General Motors lays off 600 IT workers to hire AI specialists
2+ hour, 43+ min ago (363+ words) GM cuts more than 10% of its IT department in a swap that signals how legacy corporations are betting their futures on artificial intelligence. General Motors just made one of the clearest statements a Fortune 500 company can make about where it…...
US government alerts banks to IRGC's sanctions evasion efforts using crypto and front companies
3+ hour, 30+ min ago (356+ words) Fin CEN's latest advisory warns financial institutions about Iran's Revolutionary Guard using digital assets, shell companies, and obfuscated transactions to dodge US sanctions. The US Treasury's Financial Crimes Enforcement Network, better known as Fin CEN, just told every bank in…...
Charles Schwab launches Bitcoin services for 50 M customers, boosting crypto adoption
3+ hour, 29+ min ago (511+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, De Fi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology,…...
Open AI employees sell up to $30 M in shares amid AI boom
3+ hour, 32+ min ago (321+ words) A $6. 6 billion secondary tender offer turned hundreds of Open AI staffers into multimillionaires before the company even goes public. Seventy-five Open AI employees each cashed out the maximum allowed, $30 million, in a single secondary share sale. That's not a typo,…...
Arbitrum Security Council member says blockchains run on social consensus, not just code
4+ hour, 45+ min ago (494+ words) Griff Green's comments follow the Council's historic decision to freeze $71 M in exploited funds on Arbitrum One, reigniting debate over who really controls Layer 2 networks. The crypto industry loves to repeat "code is law." Griff Green, a member of the…...