Author: admin
In brief Tether unveiled plans for modular Bitcoin mining systems that separate compute from power and cooling infrastructure. The company partnered with Nasdaq-listed Canaan Inc. and ACME Swisstech to develop the hardware. Operators can upgrade individual components without replacing entire mining machines, allowing independent optimization of each system element. Tether, the company behind the world’s largest stablecoin, unveiled modular Bitcoin mining systems developed with Canaan Inc. and ACME Swisstech that separate compute from power and cooling components.The new architecture addresses fundamental constraints in traditional mining hardware by allowing operators to optimize each component independently. It’s a model that Jack Dorsey’s…
In brief The DeFi United coalition has published a technical implementation for restoring rsETH token backing following the Kelp DAO hack. The relief effort secured over $300 million in ETH commitments to eliminate bad debt on Aave and Compound. The plan converts committed ETH into rsETH, then liquidates hacker positions through governance-controlled oracle adjustments. Aave-led coalition DeFi United has published a technical plan to restore backing for rsETH tokens and eliminate bad debt left by North Korean hackers on Aave and Compound.The recovery strategy calls for converting committed ETH into rsETH in controlled tranches, then liquidating the attacker’s positions through…
Block’s Bitcoin Product Lead Miles Suter took the Nakamoto Stage at Bitcoin 2026 in Las Vegas Tuesday morning with a clear message: bitcoin must circulate, not just sit still. “If Bitcoin doesn’t function as peer-to-peer cash, it loses the quality that makes it transformational,” Suter said, framing Block’s entire product push around the idea that Satoshi built the network so “the entire world could operate on a freer, fairer financial system.” The presentation came one day after Block rolled out a wave of bitcoin-focused product announcements on April 27, making it one of the most aggressive product offensives the company…
Make CryptoSlate preferred on Paul Sztorc, LayerTwo Labs CEO and longtime Bitcoin developer, is planning an August 2026 Bitcoin hard fork called eCash, targeted around Bitcoin block 964,000.His April 24 announcement described a new chain that would copy Bitcoin history, give holders 1 eCash for every 1 BTC at the split, and launch with a Bitcoin-Core-like base layer mined with SHA-256d alongside Drivechain-style sidechains.For ordinary Bitcoin holders, the practical question is more specific than the backlash. The fork can create a new asset, new confusion, and new operational decisions, while BTC balances remain governed by Bitcoin software, Bitcoin consensus, and…
In brief Trump spent nearly an hour at Mar-a-Lago on Saturday speaking with top holders of his meme coin. The president discussed the Iran war, crypto, China, and Joe Biden with a mostly foreign crowd of attendees. The gathering came as Trump’s crypto ventures face growing scrutiny in Washington. President Donald Trump on Saturday attended a conference for top holders of his meme coin, delivering off-the-cuff remarks for nearly an hour to an adoring crowd of crypto investors, tech executives, hedge fund managers, and MAGA diehards.The event, held at Mar-a-Lago, landed as the Trump family’s sprawling crypto portfolio faces growing…
Make CryptoSlate preferred on Everyone watching Bitcoin this week is watching the Federal Reserve, while the more important tell may be sitting in the Treasury market, where the 10-year yield has compressed into one of its tightest ranges of the year just as a dense macro calendar opens.Bitcoin’s recovery now rests on renewed institutional inflows and the assumption that liquidity conditions will not tighten again. If Treasuries choose a direction before that assumption is tested, the bond market could drive Bitcoin’s next move independently of any crypto-specific catalyst.The 10-year yield spent Apr. 1 through Apr. 24 inside a band of…
In brief Trump spent nearly an hour at Mar-a-Lago on Saturday speaking with top holders of his meme coin. The president discussed the Iran war, crypto, China, and Joe Biden with a mostly foreign crowd of attendees. The gathering came as Trump’s crypto ventures face growing scrutiny in Washington. President Donald Trump on Saturday attended a conference for top holders of his meme coin, delivering off-the-cuff remarks for nearly an hour to an adoring crowd of crypto investors, tech executives, hedge fund managers, and MAGA diehards.The event, held at Mar-a-Lago, landed as the Trump family’s sprawling crypto portfolio faces growing…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United States Attorney’s Office (USAO) for the District of Columbia announced that a defendant who was involved in a scam that stole $236 million in Bitcoin was sentenced to six years in prison. This comes as the Department of Justice (DOJ) continues to crack down on crypto crimes. Defendant Sentenced To Six Years In Prison Over Bitcoin Scam The USAO for DC announced in a press release that Evan Tangeman was sentenced to 6 years in prison for laundering millions of dollars, which was generated by…
In brief OpenAI missed internal targets for both weekly active users and annual revenue for ChatGPT, the Wall Street Journal reported Monday. CFO Sarah Friar warned company leaders that OpenAI might not be able to pay for future computing contracts if revenue doesn’t grow fast enough. Experts are divided on whether the stumbles signal a broader AI market correction or a temporary recalibration. OpenAI is facing a reckoning over the gap between its ambitions and its finances, experts told Decrypt, after the Wall Street Journal reported Monday that the company missed key internal targets for ChatGPT users and revenue while…
Make CryptoSlate preferred on Paul Sztorc, LayerTwo Labs CEO and longtime Bitcoin developer, is planning an August 2026 Bitcoin hard fork called eCash, targeted around Bitcoin block 964,000.His April 24 announcement described a new chain that would copy Bitcoin history, give holders 1 eCash for every 1 BTC at the split, and launch with a Bitcoin-Core-like base layer mined with SHA-256d alongside Drivechain-style sidechains.For ordinary Bitcoin holders, the practical question is more specific than the backlash. The fork can create a new asset, new confusion, and new operational decisions, while BTC balances remain governed by Bitcoin software, Bitcoin consensus, and…
In brief Meta signed a deal for up to 1 GW of space-based solar energy. The company says the power will be used on Earth, not in orbital data centers. Meta is also backing long-duration storage as it faces soaring AI energy demands. Meta is looking to space for more power as artificial intelligence drives demand for electricity.In a post on Monday, the Facebook and Instagram parent company announced that it signed an agreement with Virginia-based startup Overview Energy to secure up to 1 gigawatt of electricity from a planned space-based solar power system for its data centers by the…
Make CryptoSlate preferred on Cathie Wood built ARK Invest’s Bitcoin case on the idea that Bitcoin would become a global monetary layer that is programmable, borderless, resistant to inflation, and eventually dominant in payments.The latest version of that argument concedes that stablecoins got there first on the payments side.In a recent interview with The Rollup, the ARK CEO said stablecoins have taken over part of the role that ARK once expected Bitcoin to fill in emerging-market payments. At the same time, ETF-era institutions appear to be averaging down during drawdowns, softening the boom-bust severity that defined prior cycles. Related ReadingCathie…
In brief The Trump administration has been “figuring out” how to push forward the strategic Bitcoin reserve, Patrick Witt said Monday. The U.S. Treasury had ruled out any new Bitcoin purchases since August last year, and has not reversed its position since. Senator Cynthia Lummis’ BITCOIN Act will reportedly be reworked under a new name in the coming weeks. Over a year since President Donald Trump’s executive order created the U.S. strategic Bitcoin reserve, a key White House figure has hinted at the reserve’s operational and legal framework, even as the Treasury continues to rule out new Bitcoin purchases.Patrick Witt,…
Make CryptoSlate preferred on Paul Sztorc, LayerTwo Labs CEO and longtime Bitcoin developer, is planning an August 2026 Bitcoin hard fork called eCash, targeted around Bitcoin block 964,000.His April 24 announcement described a new chain that would copy Bitcoin history, give holders 1 eCash for every 1 BTC at the split, and launch with a Bitcoin-Core-like base layer mined with SHA-256d alongside Drivechain-style sidechains.For ordinary Bitcoin holders, the practical question is more specific than the backlash. The fork can create a new asset, new confusion, and new operational decisions, while BTC balances remain governed by Bitcoin software, Bitcoin consensus, and…
In brief A successful breakout above $82,000 will add fuel to Bitcoin’s ongoing recovery rally, potentially pushing it toward $90,000, QCP analysts argue. Fed Chair Powell’s forward guidance for the rest of the year, and first-quarter earnings from big tech, will redefine U.S. investor risk appetite. Without a catalyst, Bitcoin’s price action will be volatile and headline-driven, Decrypt was told. Bitcoin’s 14% April rally faces a convergence of technical and macro catalysts this week, with the $82,000 CME gap, Magnificent Seven earnings, and the Federal Reserve’s policy meeting all poised to determine direction.The leading crypto is currently trading at around…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify.GM!Today’s top news: Crypto majors tumble as oil jumps to $100; BTC at $76,400 White House advisor teases major Strategic BTC Reserve announcement soon Fidelity says crypto is finding a floor, ETF demand could break 4-year cycle Bitcoin dev announces plans for hard fork into eCash, would reassign Satoshi coins Gemini becomes first…