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TechCrunch Sessions: AI is just over a month away! We’re doing a last call for exceptional volunteers to join us in bringing this event to life. If you’ve ever wondered about the inner workings of tech events, now’s your chance to get involved. Volunteer spots are limited, so don’t miss out. Apply before the May 22 deadline to be considered. Preference is given to those who apply early, so the sooner the better! As a volunteer, you’ll gain exclusive access to the behind-the-scenes action, witnessing firsthand how these events are crafted. Plus, you’ll receive a complimentary ticket to enjoy TC…
Big Tech companies are continuing to spend on artificial intelligence infrastructure and data center buildouts, quieting concerns about their growth and reviving investor sentiment in other parts of the AI market. Quarterly results from Microsoft and Meta released on Wednesday indicated that both giants are maintaining their AI spending plans despite the threat of tariffs, which could raise costs for data center parts that come from overseas. Wall Street cheered the results as both stocks rallied. “Contrary to investors’ worries of slowing capex, it appears that spending for AI continues to be unabated,” Citi analyst Christopher Danely wrote in a…
Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch.“Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold’s market cap and total addressable market by 2029,” he told Cointelegraph during the Chain Reaction daily X spaces show on April 30.Corporations are coming for your bitcoin (feat. André Dragosch, Head of Research at Bitwise) #CHAINREACTION https://t.co/5F3cRWBHzq— Cointelegraph (@Cointelegraph) April 30, 2025 Gold is currently the world’s largest asset, valued at over $21.7 trillion.…
Summary Open-world games with cel-shaded visuals stand out and offer unique player experiences. Games like Ultimate Spider-Man or Dragon Ball Z: Kakarot immerse players in a virtual comic book. Visuals, like those in The Legend of Zelda: The Wind Waker, can make a game timeless and engaging. Open-world games need to do something special to stand out, instead of fading into obscurity with the many other middling titles in this genre. Something as simple as a striking art style goes a long way in making the game look like a million bucks. Related 10 Best Open-World Games With Dynamic Player…
Seoul, South Korea CNN — The world is arming itself at the fastest rate since near the end of the Cold War, according to a new report, as major wars rage in Ukraine and Gaza and military tensions spike from Europe to Asia. The 9.4% year-on-year rise to $2.718 trillion in global military spending in 2024 is the highest figure ever recorded by the authoritative Stockholm International Peace Research Institute (SIPRI) in its annual report – which warned there’s no end in sight to the spiraling global arms race. That is the highest rise since 1988, the year before the…
The demand for yield-generating strategies around Bitcoin (BTC) is surging, especially from firms seeking liquidity without liquidating their BTC, according to Ryan Chow, co-founder and CEO of Solv Protocol.During a fireside chat at the Token2049 conference in Dubai on May 1, Chow said institutional interest in Bitcoin yield products has grown exponentially over the past few years.Initially, generating Bitcoin yield was nearly impossible. However, recent innovations like staking via proof-of-stake (PoS) protocols and delta-neutral trading strategies have made this possible.Layer-1 and layer-2 advancements, such as Babylon, have made these strategies more viable. Babylon allows BTC holders to earn yield on…
Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828.“There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow different rules.“The result? A messy, inconsistent experience that breaks cross-chain UX,“ Wonderland stated.Wonderland is a group of developers, researchers and data scientists focused on improving the Ethereum DeFi ecosystem. The organization partnered with multiple DeFi protocols, including Optimism, Aztec, Connext and Yearn.Wonderland’s ERC-7828 and ERC-7930 explanation…
Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828.“There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow different rules.“The result? A messy, inconsistent experience that breaks cross-chain UX,“ Wonderland stated.Wonderland is a group of developers, researchers and data scientists focused on improving the Ethereum DeFi ecosystem. The organization partnered with multiple DeFi protocols, including Optimism, Aztec, Connext and Yearn.Wonderland’s ERC-7828 and ERC-7930 explanation…
Key points:Solana gains 8% to $152, with 35% higher trading volume and a 5% rise in futures open interest, showing strong demand.Solana’s TVL up 25% in 30 days, DEX volumes soar 90%, led by Sanctum, Raydium, and others.A V-shaped recovery eyes $250 if SOL price breaks $160-$200 resistance.Solana (SOL) displayed strength on May 1, climbing 8% from its April 30 low of $140 to around $152 at the time of writing. Its daily trading volume has jumped by 35% over the last 24 hours.SOL/USD four chart. Source: Cointelegraph/TradingViewRising futures OI boosts SOL priceAn increase in open long positions in the…
Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market.21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and Exchange Commission (SEC).Called the 21Shares Sui ETF, the proposed ETF will issue common shares of beneficial interest by seeking to track the performance of SUI held by 21Shares’ US subsidiary.The US filing comes a year after 21Shares started trading the 21Shares Sui Staking exchange-traded product in Europe in July 2024, with its…