In brief DeepMind veteran David Silver raised $1.1 billion for his new startup Ineffable Intelligence at a $5.1 billion valuation. Silver says reinforcement learning, not large language models, is the best path to superintelligence. The startup aims to build AI “superlearners” that learn through simulations and self-play. David Silver, the DeepMind scientist behind AlphaGo’s historic…
In brief U.S. Army Master Sergeant Gannon Ken Van Dyke pleaded not guilty Tuesday to charges of using classified information to profit from prediction market betting. Van Dyke allegedly placed bets on Polymarket regarding the removal of Venezuelan President Nicolás Maduro, netting over $400K in profits. This marks the first federal prosecution connected to prediction…
In brief Google has reportedly signed a deal to provide AI models to the Pentagon for classified work The Pentagon has signed similar agreements with OpenAI and xAI. Google employees are urging CEO Sundar Pichai to reject classified AI workloads. Google has signed a deal to provide the Pentagon with its artificial intelligence models for…
In brief Bernstein cut IREN’s price target from $125 to $100 amid Bitcoin mining scale-down and share dilution, while keeping an Outperform rating. IREN is transitioning from Bitcoin mining to AI cloud, anchored by a major Microsoft GPU contract worth $1.94 billion in annualized revenue. By 2030, Bernstein forecasts $6 billion in cloud revenue and…
Paystand is launching USDb, a US dollar-backed stablecoin built on Bitcoin-linked infrastructure for use in business payments, including accounts receivable, accounts payable, payroll and treasury operations. According to Tuesday’s announcement, the token is issued on Bitcoin-linked rails, including Rootstock, and interoperates with infrastructure from Blockstream. It will roll out first across Paystand’s payments network, which…
Canaan (CAN) has secured an additional order from Tether for custom Bitcoin mining hardware, extending their collaboration beyond an earlier research and development effort that tested new system designs for large-scale mining. Under the new order, Canaan will supply high-density hash board modules designed for immersion-cooled systems, with usage planned at a Tether-linked facility in…
In brief The DeFi United coalition has published a technical implementation for restoring rsETH token backing following the Kelp DAO hack. The relief effort secured over $300 million in ETH commitments to eliminate bad debt on Aave and Compound. The plan converts committed ETH into rsETH, then liquidates hacker positions through governance-controlled oracle adjustments. Aave-led…
Bitcoin (BTC) fell below $76,000 on Tuesday after failing to break $80,000 as uncertainties surrounding the reopening of the Strait of Hormuz and macroeconomic conditions unnerved the market. Meanwhile, technicals and onchain data sent mixed signals on BTC’s ability to sustain the recovery. Key takeaways Bitcoin is trapped in a tight range with strong technical…
The 30-day Trade-to-Feed competition marks BitMart’s 8th anniversary and the exchange’s strategic listing of EAT, the first cause coin. New York, United States, April 28, 2026, Chainwire – BitMart, the global digital asset exchange serving millions of users worldwide, today launched the Trade-to-Feed competition, a 30-day trading competition paying out up to $4.4 million USDT…
In brief Tether unveiled plans for modular Bitcoin mining systems that separate compute from power and cooling infrastructure. The company partnered with Nasdaq-listed Canaan Inc. and ACME Swisstech to develop the hardware. Operators can upgrade individual components without replacing entire mining machines, allowing independent optimization of each system element. Tether, the company behind the world’s…