StablecoinX holds 20% of ENA supply as shares jump 12%
StablecoinX shares have climbed more than 12% after the Nasdaq-listed company disclosed a 3-billion-token ENA treasury and reported its first quarterly results since going public. Summary StablecoinX held approximately 3 billion ENA tokens, equal to about 20% of the total supply. The ENA treasury was valued at $218.4 million, or about $9.09 per Class A…
Tech Visionary Says the Big AI Labs Don’t Get What People Want
Tim O’Reilly’s yardstick for measuring the worth of a company, person, or society has long been create more value than you capture. It’s no surprise that O’Reilly—publisher, internet pioneer, VC, conference organizer, and dispenser of tech wisdom—is applying that metric to the way people design and use AI. Specifically, he’s pushing for a future where…
Unforgetful is a new reminders app for people who can’t stop hitting snooze
Marco Arment, the indie developer who created popular apps like Overcast and Instapaper, and who previously served as Tumblr’s chief technology officer, is out today with his latest creation — an alternative to Apple’s Reminders designed for procrastinators, called Unforgetful. The new iOS and Mac app works with your current Reminders database, but it’s designed…
Bitcoin Hashrate Slips 17% Off Record as Miners Chase AI
Key Takeaways Bitcoin’s hashrate sits roughly 17% below its all-time high. Hut 8’s contracted AI infrastructure portfolio alone has reached $26.6 billion. CoinShares projects AI and HPC work could supply 70% of listed miners’ revenue by the end of 2026. Hashrate Pulls Back From Record Highs Bitcoin’s network hashrate, the combined computing power securing the…
Digital money needs interoperable settlement rails, Lynq CEO says
Lynq CEO Jerald David has said institutional finance needs interoperable settlement systems capable of moving cash and collateral 24/7 as firms adopt several forms of digital money. Summary Institutions are likely to use stablecoins, tokenized deposits, CBDCs, and traditional bank money. Separate payment systems can leave capital unavailable where institutions need it. The Bank of…
Microsoft Merges Copilot Apps as Features Disappear Starting Aug. 18
Microsoft is collapsing its consumer Copilot and Microsoft 365 Copilot apps into one experience as several consumer features approach retirement. The first cuts begin Aug. 18, while the broader app migration will continue into September. Mobile and web rollout begins globally in mid-August, followed by Windows and Mac in mid-September. Personal, work and school accounts…
Bitcoin Hits 10-Day Low Despite Positive CPI Data as Strategy Keeps Selling: Weekly Crypto Recap
The good news is that Strategy’s CEO said when the company will resume its BTC purchases. The end of the week is here, which means that we will take a look at what happened in the past seven days, from the good, the bad, and the ugly price movements. Let’s begin from this time…
Best power station deal: Save $50 on DJI Power 1000 V2
SAVE $50: As of Aug. 14, DJI’s Power 1000 V2 Portable Power Station is down to $399.98 at Amazon. The deal ends after Aug. 14. $399.98 at Amazon $449.99 Save $50.01 Power outages and off-grid trips just got a little less stressful. DJI’s Power 1000 V2 portable power station is on sale for $399.98,…
RealFi Public Testnet Now Live for USDr Ahead of Mainnet
The Testnet is now live and serves as the first phase of public testing before RealFi’s mainnet launch later this year. Participants can explore the full flow, from holding USDr to staking into sUSDr, and provide feedback that will help shape the mainnet release. USDr is designed as a liquid, stability-focused dollar test token. Users…
Ethereum price slips to $1,875 as $1,900 caps rebound
Ethereum price has slipped to about $1,875 after sellers rejected its latest move above $1,900, leaving the $1,850 support zone and nearby liquidation clusters in focus. Summary Ethereum price traded near $1,875 after failing to hold above the psychological $1,900 level. Daily RSI fell to 49.72, while ETH remained below its 20-day and 50-day averages….
