Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: admin
The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump.About a quarter of the CFTC’s staff has left since 2025, under Trump’s demands that the federal workforce be cut significantly, according to agency records. But the CFTC is also being called upon to regulate new and rapidly growing arenas for cryptocurrency and the prediction markets.”Tools such as AI are going to be very helpful in surveilling and…
Pi Network (PI) announced it has surpassed 18 million identity-verified users, positioning the figure as a structural advantage over networks that measure growth by wallet count alone. The post from the Pi Core Team argued that verified identities are necessary for any transfer of value. There are over 18 million identity-verified users on Pi. But there is one clear difference between Pi’s users and others. 1 million verified users on Pi ≠ 1 million users on other networks.Most networks measure growth in accounts.Few measure it in verified users.… pic.twitter.com/IqOqOgScNb— Pi Network (@PiCoreTeam) April 16, 2026 How Pi Verified 18 Million…
The US House of Representatives rejected a War Powers Resolution on Iran by a 213-214 vote today, preserving President Donald Trump’s authority to continue military operations. The narrow defeat came as Trump simultaneously announced a 10-day ceasefire between Israel and Lebanon, positioning himself as a peacemaker even as Congress debated constraints on his war powers. War Powers Vote Falls One Short Rep. Gregory Meeks (D-NY) introduced H.Con.Res. 40 to force the withdrawal of US Armed Forces from hostilities with Iran without explicit congressional authorization. The measure failed along largely partisan lines. Rep. Jared Golden (D-ME) was the lone Democrat to…
Crypto markets shrugged off collapsing peace talks and surging oil prices, with BTC, ETH, and major altcoins posting gains.Bitcoin climbed above $73,000 on Monday even as U.S.-Iran peace talks collapsed in Islamabad over the weekend and President Trump ordered a blockade of ships transiting the Strait of Hormuz en route to Iranian ports.The largest cryptocurrency by market capitalization is trading at roughly $73,113, per CoinGecko, up about 2.8% over the past 24 hours. Ether gained approximately 2.5% to $2,254. The total crypto market capitalization increased 2% to $2.55 trillion, per CoinMarketCap, while Bitcoin dominance approached 60% for the first time…
Director of National Intelligence Tulsi Gabbard declassified closed-door 2019 transcripts tied to President Donald Trump’s first impeachment. The documents had been withheld for more than seven years. They detail briefings with then-Intelligence Community Inspector General Michael Atkinson about the whistleblower complaint that triggered impeachment proceedings. Transcripts Allege Undisclosed Partisan Ties The newly released records show the whistleblower was a registered Democrat. The individual had a prior professional relationship with then-Vice President Joe Biden on Ukraine policy. He also worked as a CIA detailee at the White House. The transcripts also indicate the whistleblower met with Schiff’s committee staff before filing…
In brief The new MiniMax M2.7 matches top closed models in benchmarks. The model underwent a quite license shift to restrict commercial use post-release. The move was justified as a way to prevent service providers from “nerfing” the model when offering it to developers. MiniMax M2.7 is here, the weights are on Hugging Face, and it’s legitimately competing with the best closed models out right now.The numbers: 56.22% on SWE-Pro (a benchmark for software engineering tasks), nearly matching Claude Opus 4.6; 57.0% on Terminal Bench 2. An ELO of 1495 on GDPval-AA (a benchmark for real-world knowledge work tasks across…
April 13, 2026 marked a milestone that even the most aggressive STRC bulls didn’t see coming this fast. Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock — ticker STRC — just printed over $1 billion in single-day trading volume. Not over a week. Not a rolling average. One session. And the kicker? 100% of that volume cleared above the $100 par threshold, meaning every single share that traded was eligible to trigger Strategy’s at-the-market offering. The ATM didn’t just run on Monday. It ran at full capacity. We track this in real time with our STRC ATM Tracker, and…
Bitmine Immersion Technologies said Monday that it purchased 71,524 Ether over the past week, bringing its total holdings to about 4.87 million tokens.The company said the position represents roughly 4.04% of the total Ether (ETH) supply, based on about 120.7 million tokens outstanding, as it continues to pursue a target of acquiring up to 5% of global supply. Its balance sheet also includes 198 Bitcoin (BTC) and about $719 million in cash.Bitmine said the latest purchase marks its fastest weekly pace of Ether accumulation since December 2025. According to data from CoinGecko, Bitmine is the largest Ethereum treasury company by…
In brief StarkWare became the latest firm building on Ethereum to reduce its headcount in the name of achieving greater efficiency. The team behind Starknet is being consolidated into two “purpose-focused units” that will focus on revenue-generating initiatives, such as business development Several crypto-native firms have slimmed operations this year, with OP Labs and Polygon Labs situated as StarkWare competitors. StarkWare co-founder and CEO Eli Ben-Sasson indicated on Monday that the firm, which builds on Ethereum, has become the latest to slash its headcount in a move to prioritize revenue.Although the company, founded eight years ago, has built what Ben-Sasson…
In brief SoftBank, NEC, Honda, and Sony each took 10%+ in a new AI development company, joined by major banks and steelmakers. The company’s trillion-parameter model targets Physical AI—robots, autonomous vehicles, and industrial machines—not conversational chatbots. Japan’s government NEDO agency has earmarked ¥1 trillion (~$6.7B) over five years, with Japanese data kept domestic and off foreign cloud infrastructure. Japan isn’t interested in building the next ChatGPT.On Sunday, SoftBank, NEC, Honda, and Sony Group jointly formed a new company with one goal: build a trillion-parameter AI model that runs machines, not conversations.The move is a direct bet on what the community…