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Nvidia CTO Michael Kagan has reportedly said that cryptocurrency does not bring anything useful for society, instead hoping that their products are used for AI development. Despite Kagan's opinion, Nvidia has profited off of the crypto industry for years, even paying a fine to the SEC for failing to disclose the success of their gaming GPUs due to crypto miners.
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Bitcoin treasury firm Strategy revealed a shift in its Bitcoin strategy during its Q1 earnings call, with CEO Phong Le stating that the company would "consider" selling BTC when advantageous. Chair Michael Saylor added that, "We'll probably sell some Bitcoin to fund a dividend just to inoculate the market—just to send the message that we did it.” The company's net loss of $12.54 billion in Q1 2026 was mainly due to Bitcoin's decline.
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Strategy Inc., the largest corporate holder of Bitcoin, reported a net loss of $12.54 billion in Q1 2026 due to a decline in BTC value. Despite losses, the company raised significant funds and saw growth in its preferred equity instrument, STRC.
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Pay.sh, a gateway service by the Solana Foundation and Google Cloud, enables AI agents to autonomously pay for various APIs using stablecoins on Solana. The system supports the x402 protocol and the Machine Payments Protocol, offering a cost-effective solution for API calls.
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Bitcoin Core developers disclosed a bug, CVE-2024-52911, allowing miners to crash and execute code on other nodes. The vulnerability affected versions 0.14.1 through 28.4, but a fix was implemented via Pull Request 31112.
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Sequans Communications liquidated 1,025 Bitcoin in Q1 2026, reducing its reserves by half due to revenue decline and mounting losses. The company's remaining Bitcoin is pledged as collateral for outstanding convertible notes, limiting its flexibility.
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Iggy Azalea is facing a class action lawsuit in federal court over allegations of misleading investors about her Solana-based meme coin, MOTHER. The lawsuit claims she promoted the token with false real-world utility claims, resulting in investor losses.
Coindesk
Figure Technology Solutions, led by Mike Cagney, plans to challenge Fannie Mae and Freddie Mac in first-lien mortgages, citing lower costs and faster approval times on their blockchain platform. The company targets the sub-$300,000 market segment due to fee structures. Figure's HELOC tokens rank ninth in market value on public blockchains.
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Michael Burry sold his entire GameStop position due to concerns over the company's $55.5 billion eBay bid, citing high debt levels that clashed with his investment thesis. Burry expressed skepticism about the financing aspects of GameStop's acquisition strategy.
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A crypto whale in Puerto Rico sued Coinbase for not releasing funds stolen in a 2024 hack. The lawsuit alleges that the stolen funds were traced back to a Coinbase account, but the exchange has not returned them. The victim fell for a phishing scam, apparently losing over $55 million in DAI.
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Bullish, a NYSE-listed crypto exchange, will acquire Equiniti, a transfer agent, for $4.2 billion. The deal aims to lead the transition to tokenized securities markets, with Equiniti's robust client base and infrastructure.