A significant capital allocation initiative has emerged within the Lido Finance ($LDO) ecosystem. The Growth Committee, operating within the Lido DAO, has …
plans
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Finance
Strategy tops up capital-raising plans, bringing potential bitcoin buying power back to $42 billion
by shayaanby shayaanStrategy (MSTR) has unveiled a $42 billion at the market (ATM), equity program, split between $21 billion of Class A common stock …
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In brief OpenAI is reportedly consolidating fragmented products into a single “superapp” to regain focus and execution speed. Pressure from rival Anthropic …
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Mining
SoftBank plans 10-gigawatt AI data center in Ohio powered by $33 billion gas buildout
by shayaanby shayaanSoftBank is planning to build a massive AI data center complex in Ohio capable of drawing up to 10 gigawatts of power, …
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In brief Adobe CEO Shantanu Narayen will step down as the company expands its push for generative AI tools. Layoffs at Atlassian, …
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DeFi
Across’s acx rockets 80%, massively beating bitcoin, on plans to dump its DAO structure
by shayaanby shayaanA DeFi protocol just proposed going private as its stewards believe the current DAO structure is creating a hurdle to close institutional …
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Scams
Optimism Team Lays Off 20 Employees Amid Ethereum Scaling Shifts, Base Migration Plans
by shayaanby shayaanIn brief OP Labs, the core development team behind the Optimism network, is laying off 20 employees. The firm aims to narrow …
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Finance
Nvidia Plans Open-Source AI Agent Platform, Seeks Google, Salesforce as Partners
by shayaanby shayaanNvidia, an American semiconductor company and a leading global manufacturer of high-end graphics processing units (GPUs), is planning to release an open-source …
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Mining
Startup Starcloud Plans First Bitcoin Mining Satellite in Low-Earth Orbit
by shayaanby shayaanA Washington startup says the next frontier for computing—and possibly bitcoin mining—may orbit hundreds of miles above Earth. Bitcoin Mining Heads to …
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The $XRP Ledger (XRPL) is aiming to establish itself as a heavyweight in decentralized finance (DeFi) with the XLS-66 proposal. The aforementioned …