SOL Strategies raises $500M in convertible notes issuance to buy Solana tokens

SOL Strategies, a Canadian investment company, issued $500 million in convertible notes to buy and stake in Solana (SOL) tokens. The $500 million issuance was made to a singular investor, ATW Partners, a New York-based investment firm. The company provides growth equity and structured capital to companies across public and private markets, a spokesperson for … Read more

Did Tim Cook finagle a special tariff deal? Senator Warren wants to know

Senator Elizabeth Warren (D-MA) sent Apple CEO Tim Cook a letter asking for information regarding Cook and Apple’s conversations with President Donald Trump’s administration about tariffs and any special exemptions from the tariffs, Bloomberg reports. Warren’s letter, obtained by Bloomberg, points out that Apple “appeared to have invested heavily in influencing the Trump Administration” through … Read more

🚨 SPAMMER MADNESS: Facebook’s Broken System That’s Booting the Wrong Bloke! 🚨

Another day, another innocent user booted off Facebook — while the spam beggar who started the mess is still kicking around like nothing happened. And what was the victim’s crime? Calling out a spammer. That’s it. Let me walk you through the absolute joke that is Facebook’s moderation system — because what just happened to … Read more

Keycard Launches Pre-Sale For Shell: The Most Open, Modular Hardware Wallet To Date

Zug, Switzerland, April 23rd, 2025/Chainwire/–Keycard, a hardware wallet company backed by the Status team, is proud to announce the pre-sale launch of Shell, a revolutionary, fully open-source hardware wallet. Designed with modularity, transparency, and uncompromising security at its core, Shell enables users to seamlessly manage multiple wallets through interchangeable smart cards—called Keycards—for enhanced convenience and … Read more

Windsurf slashes prices as competition with Cursor heats up

AI coding assistant startup Windsurf cut its prices “across the board” it announced on Monday, touting “massive savings” for its users as competition with its rival Cursor intensifies. Windsurf said it’s getting rid of its complex system of “flow action credits,” which charged developers for actions its AI did in the background. It’s also cutting … Read more

Tesla begins ‘FSD Supervised’ ride-hail tests with employees in Austin, Bay Area

Tesla has started testing its autonomous ride-hail service with employees in Austin and the Bay Area ahead of the company’s planned robotaxi launch this summer. “FSD Supervised ride-hailing service is live for an early set of employees in Austin & San Francisco Bay Area,” the company posted Wednesday on X. FSD stands for “Full Self-Driving,” … Read more

Government censorship comes to Bluesky, but not its third-party apps … yet

Government censorship has found its way to Bluesky, but there’s currently a loophole thanks to how the social network is structured. Earlier this month, Bluesky restricted access to 72 accounts in Turkey at the request of Turkish governmental authorities, according to a recent report by the Freedom of Expression Association. As a result, people in Turkey can … Read more

The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Vitalik Buterin Proposes Replacing Ethereum’s EVM With RISC-V Matter Labs, ZKsync Developer, Sued for Alleged Intellectual Property Theft Scroll’s Euclid Upgrade Pushes It Into ‘Stage … Read more

US exchanges bet big on crypto derivatives amid tariff turbulence

United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump’s looming trade war propels demand for the financial instruments.  Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile Exchange (CME) Group have been listing new types of crypto derivatives and mulling multibillion-dollar acquisitions as they … Read more

XRP futures open interest surges by 32% — Are traders bullish or bearish?

Key Takeaways:  XRP has gained 25% since April 7, and its open interest has risen by 32%. Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders. Analysts still have double-digit price targets for XRP. XRP’s (XRP) price fell to a year-to-date low of $1.61 on April 7, but … Read more

Analyzing the Satellite Internet Race

Billions of people around the world are connected to the internet, but at the same time, there are billions who are still unconnected, especially those who live in rural and remote regions. To fill this gap, SpaceX’s Starlink, Amazon’s Project Kuiper, and China’s GuoWang are all competing to provide high-speed internet via satellite constellations in … Read more

OpenAI seeks to make its upcoming open AI model best-in-class

Toward the end of March, OpenAI announced its intention to release its first “open” language model since GPT‑2 sometime this year. Now, details about that model are beginning to trickle out from the company’s sessions with the AI developer community. Sources tell TechCrunch that Aidan Clark, OpenAI’s VP of research, is leading development of the open model, … Read more

Lexus’ redesigned ES sedan can be electric or hybrid

Lexus’s mid-sized ES luxury sedan is getting a redesign for its eighth generation that includes some edgier styling and a significant platform change that accommodates both an all-electric drivetrain and a regular hybrid one. Revealed at the Shanghai Auto Show today, the 2026 ES is Lexus’ second electric vehicle after the RZ, which was just … Read more

Previewing the Canadian Election’s Crypto Angle

Canada will host an election next week, where voters will consider a range of issues — the economy, housing, trade relations with the U.S. — as they choose their elected officials, who in turn will choose the next Prime Minister of the country. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection … Read more

Alabama drops staking lawsuit against Coinbase

The Alabama Securities Commission, a financial regulator for the US state, dropped its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws by offering staking services to clients. The regulator cited the ongoing work between the US Securities and Exchange Commission (SEC) and the crypto industry to develop clear crypto regulations … Read more