New SEC Staff Statement Urges Detailed Crypto Token Disclosures

Crypto companies issuing or dealing with tokens that may be securities should provide detailed disclosures, the U.S. Securities and Exchange Commission (SEC) said on Thursday. The SEC published its latest staff statement on disclosures ahead of its second roundtable — which will focus on trading — “as part of an effort to provide greater clarity … Read more

Bitcoin Is Not a Payments Platform

Twitter founder Jack Dorsey recently said that the Bitcoin community should focus on scaling payments in order to remain relevant. “I think it has to be payments for [Bitcoin] to be relevant on the everyday,” he told Haley Berkoe on the 21 in 21 podcast. I disagree. As someone in the trenches with Bitcoin builders, … Read more

SEC drops suit against Helium for alleged securities violations

The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post.  Filed in January 2025, the lawsuit was among the SEC’s final enforcement actions against a cryptocurrency developer under former Chair Gary Gensler, … Read more

How Bitcoin Miners Are Adjusting to the Threat of Tariffs: Blockspace

Bitcoin miners are scrambling to adjust to Trump’s global tariffs, which are poised to increase prices on ASIC miners, electrical gear, network infrastructure and more. “It’s a complete scramble,” Luxor COO Ethan Vera said on last week’s Mining Pod news roundup. “From the ASIC trading front and brokerage, miners have not been very proactive here. … Read more

HashKey receives Hong Kong approval to offer crypto staking services

Cryptocurrency exchange HashKey has received approval from Hong Kong regulators to offer staking services, potentially broadening the institutional appeal of proof-of-stake investments such as the spot Ether exchange-traded funds (ETFs). HashKey was granted approval on April 10 after the Hong Kong Securities and Futures Commission (SFC) provided regulatory guidance on staking services to Licensed Virtual … Read more

North Carolina lawmaker introduces Digital Asset Freedom Act

North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying “digital assets” be accepted as a legally recognized form of payment and for taxes. Although the language of the bill does not specifically mention Bitcoin (BTC), there are several provisions laid out that … Read more

DeepMind CEO Demis Hassabis says Google will eventually combine its Gemini and Veo AI models

In a recent appearance on Possible, a podcast co-hosted by LinkedIn co-founder Reid Hoffman, Google DeepMind CEO Demis Hassabis said Google plans to eventually combine its Gemini AI models with its Veo video-generating models to improve the former’s understanding of the physical world. “We’ve always built Gemini, our foundation model, to be multimodal from the … Read more

Bitcoin Life Insurance Firm Meanwhile Raises $40M to Expand Globally

Meanwhile, a startup offering life insurance and annuities denominated in bitcoin (BTC), raised $40 million in series A funding round, CEO Zac Townsend said on Thursday in an X post. The investment was led by venture capital firms Framework and Fulgur Ventures, with early Bitcoin-advocate Wences Casares also participating. Traditional life insurance pays out in … Read more

Cofertility lets women freeze their eggs for free through its donor-matching program

In recent years, focus on career and delayed marriage age is driving some women to consider preserving their fertility through egg freezing. But the steep cost of the procedure, estimated at $10,000 to $15,000 per attempt, means many women can’t afford it during their most fertile years: 20s and early 30s. Cofertility, a startup founded … Read more

NHTSA staffers evaluating the risks of self-driving cars were reportedly fired by DOGE

Elon Musk’s Department of Government Efficiency (DOGE) fired about 30 members of the National Highway and Traffic Safety Administration (NHTSA) in February, and many of them were part of a department that assesses the risks of self-driving cars, according to the Financial Times. One worker laid off from the NHTSA’s so-called “office of vehicle automation … Read more

Reduce ML training costs with Amazon SageMaker HyperPod

Training a frontier model is highly compute-intensive, requiring a distributed system of hundreds, or thousands, of accelerated instances running for several weeks or months to complete a single job. For example, pre-training the Llama 3 70B model with 15 trillion training tokens took 6.5 million H100 GPU hours. On 256 Amazon EC2 P5 instances (p5.48xlarge, … Read more