Author: John Smith

Microsoft and OpenAI restructured their landmark 2019 partnership on April 27, converting Microsoft’s cloud license from exclusive to non-exclusive, allowing OpenAI to sell its full model suite on Amazon Web Services and Google Cloud for the first time, as Amazon CEO Andy Jassy confirmed OpenAI models will arrive on AWS Bedrock within weeks. Summary OpenAI Microsoft exclusivity is gone: the new terms give Microsoft a non-exclusive licence to OpenAI’s IP through 2032, while OpenAI remains obligated to ship new models to Azure first. Microsoft stops paying its revenue share to OpenAI immediately, while OpenAI continues paying Microsoft through 2030 subject…

Mantle’s proposal to lend up to 30,000 ETH to Aave’s DeFi United rsETH rescue has gone live on Snapshot, adding structured credit to a $314m multi‑DAO war chest. Summary Mantle Network says its rsETH relief credit facility proposal for Aave has moved into the governance voting stage on Snapshot, with MNT holders required to delegate before they can vote. The proposal would let Mantle’s treasury lend up to 30,000 ETH to Aave’s DeFi United recovery effort, giving users more orderly ways to exit or restructure positions impacted by the April 18 rsETH exploit. DeFi United, the multi‑DAO rescue initiative led…

Minneapolis Fed president Neel Kashkari has shifted from penciling in one or two 2026 cuts to a data‑dependent stance as the Iran war and higher oil muddy the inflation path. Summary Minneapolis Fed President Neel Kashkari says he had expected inflation to cool enough to justify cutting interest rates once or twice in 2026, but the Iran war has made that outlook far less certain. He now argues that recent data, including March’s inflation prints, are not strong enough to change the Federal Open Market Committee’s policy statement, stressing the need to see how long elevated energy prices persist. Kashkari…

Crypto VC funding slid to $659m across 63 April deals, a 74% drop from March that drags monthly flows back to 2024 lows even as DeFi and AI still attract capital. Summary Cointelegraph data show crypto venture funding fell to $659 million across 63 deals in April, down 74% from $2.6 billion and 84 rounds in March. Since peaking at $3.84 billion in October 2025, monthly crypto VC flows have trended lower even as 2026 year‑to‑date funding still totals about $5.64 billion. DeFi led sector activity with 12 deals, while blockchain services and AI‑linked crypto projects each saw 8 rounds;…

Ripple CEO Brad Garlinghouse declared at XRP Las Vegas that the CLARITY Act will pass by the end of May, his third public deadline for the bill after predicting 80% odds of April passage on Fox Business in February and revising to May at two successive industry events. Summary Garlinghouse first gave 80% odds of April passage on Fox Business on February 19, revised to end of May at the FII Priority Miami Summit on March 27, and reaffirmed end of May at the Semafor World Economy Summit on April 13. He says the stablecoin yield dispute that paralysed the…

137 Ventures has raised over $700m across two new funds, lifting AUM above $15b as it doubles down on AI agents, robotics, advanced industry and a $10b‑plus SpaceX stake. Summary SpaceX backer 137 Ventures has closed more than $700 million across two new funds, lifting its assets under management above $15 billion. The growth-stage firm says the fresh capital will target high‑impact technology bets in AI agents, robotics, advanced industrial systems, and aerospace propulsion. 137 Ventures now owns more than 1% of SpaceX, a stake its founder values at over $10 billion ahead of a potential IPO that could see…

Ripple CEO Brad Garlinghouse said at XRP Las Vegas on April 30 that if the CLARITY Act does not clear the Senate Banking Committee before the Memorial Day recess on May 21, the bill could be shelved until 2030, as the current tri-branch alignment between the House, Senate, and White House on crypto legislation is uniquely fragile. Summary The bill has over 120 firm backers including Coinbase, Kraken, Circle, and Andreessen Horowitz and holds public support from the White House, SEC Chair Paul Atkins, and Treasury Secretary Bessent. Senators Cynthia Lummis and Bernie Moreno have both said independently that failure…

Bitcoin price rose nearly 3% to $78,700 on May 1 as Iran submitted a new peace proposal through Pakistani mediators to the United States, easing oil pressure and improving risk sentiment across global markets for the second time in a week. Summary Bitcoin price climbed to $78,700 on May 1, recovering from a multi-week low near $74,900 posted just two days earlier when Trump received a military briefing on new Iran strike options. Iran submitted a revised peace proposal through Pakistani mediators on May 1, CNBC reported, with oil prices edging lower on the development as Strait of Hormuz supply…

Bittensor price is showing renewed strength as it climbs above the $260 level, with improving momentum indicators hinting at a potential continuation of the recent recovery trend. Summary Bittensor price is trading around $263, up 5.7% in 24 hours, holding above the key $236 support after breaking a long-term downtrend. Bullish momentum builds as MACD turns positive, with upside targets at $294 and $340 if strength continues. Fundamentals strengthen with Nvidia’s reported $420M stake, ETF filings by Grayscale and Bitwise, and over 70% of supply locked in staking. According to data from crypto.news, Bittensor (TAO) price was trading around $263.19…

WHITE TECH has received authorization from Croatia’s Financial Services Supervisory Agency, HANFA, to operate as a crypto-asset service provider under MiCA. Summary WHITE TECH received MiCA authorization from Croatia’s HANFA regulator. The approval allows crypto exchange, custody, administration, and transfer services. WHITE TECH joins Croatia’s early MiCA-approved firms as EU crypto rules expand. The company is part of the W Group ecosystem and is majority-owned by Volodymyr Nosov, founder and CEO of WhiteBIT. The approval allows WHITE TECH to offer regulated crypto services under the EU’s common framework. WHITE TECH supports crypto exchange services, fiat-to-crypto conversion, and crypto-asset transfers for…