Lawyers for Elon Musk and OpenAI made their closing arguments this week, and now it’s up to jurors to decide whether OpenAI did anything wrong as it’s transformed into a slightly-more-for-profit organization. But as Kirsten Korosec, Sean O’Kane, and I noted on the latest episode of TechCrunch’s Equity podcast, a big theme in the trial’s…
A Nexo research analyst believes a full CLARITY Act approval from the Senate could trigger a BTC bull run. A few days ago, the Digital Asset Market Clarity Act (CLARITY Act) made some progress in the Senate. The bill has advanced out of the Senate Banking Committee despite strong opposition from some lawmakers and…
Former Disney animator Tom Bancroft says Marvel layoffs reflect Hollywood’s shift toward freelancers, AI tools, and uncertain creative pipelines. The post Former Disney Animator: Marvel Layoffs Point to a Bigger AI Shift appeared first on TechRepublic. Source link
Key Takeaways Peter Schiff warns that the Fed’s balance sheet expanded by over $200 billion in 2025, signaling a return to quantitative easing. Schiff calls STRC a “classic centralized Ponzi,” warning retirees could lose principal on Strategy’s 11.5% preferred stock. With 30-year Treasury yields potentially hitting 8%, Schiff sees gold, silver, and mining stocks as…
XRP Ledger activity rose sharply after XRP briefly moved above $1.54 for the first time in two months, according to Santiment data shared on May 16. Summary XRP network activity hit two-month highs after price briefly reclaimed levels last seen in March. Spot XRP ETFs logged $60.50 million weekly inflows, their strongest week since late…
Tradition continues on Weekend Update. On the season 51 finale of Saturday Night Live, Colin Jost and Michael Che continued their long-running gag of writing each other’s jokes to cap the season’s last Weekend Update. From penis jokes to Michael Jackson references, Jost and Che made sure this season’s Weekend Update joke swap was as…
Here’s a fun tension inside Solana’s leadership: the Foundation’s president thinks meme coins are useful stress tests for the network. The co-founder thinks they’re garbage. Both of them work on the same blockchain. Lily Liu, president of the Solana Foundation, said during a discussion with Fundstrat’s Sean Farrell that meme coins should be understood as…
It’s likewise smartly designed, packing up into—as you likely already gleaned—the shape of a suitcase. The heavy-duty handles and latches are strong. Though the Nomad is 28 pounds, which is a bit on the heavy side for a single-hand carry, the shape and large handle actually make it easier to carry than smaller and cheaper…
Key Takeaways Coinbase boosted HYPE 17% to $46.93 as Hyperliquid handed it USDH treasury rights. Michael Saylor’s Strategy saw STRC hit $1.53B volume, spotlighting BTC funding risk and demand. Kevin Warsh won Fed on May 14 as CLARITY advanced 15-9, keeping crypto rules in focus. WEEK IN REVIEW Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE…
Why did the SOL and XRP ETFs saw only inflows, while the BTC and ETH counterparts were deep in the red? Bitcoin’s price breakout attempts were halted on a few occasions at $82,000 in the past week, which could be explained to an extent by the developments on the US ETF front. The spot…
