Author: Admin-aX9d7
This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe. “I do not fear computers. I fear the lack of them.” — Isaac Asimov Bill Gates expects that within a decade, humans will no longer be needed “for most things.” We’re entering an era of “free intelligence,” he explains, in which expertise in all subjects will be commoditized — the best doctors and teachers, for example, will be AIs. “It’s very profound and even a little bit scary,” Gates told Harvard Magazine, “because it’s happening very quickly, and there is no upper bound.” Listening to ex-Google CEO…
19h05 ▪ 3 min read ▪ by Ariela R. The European Union is mobilizing to protect its economy from the trade pressure exerted by Donald Trump. An offer of 50.4 billion euros is reportedly under discussion to ease tensions. More details in the following paragraphs! In brief The EU proposes 50.4 billion euros of American purchases to avoid a trade war with Trump. Brussels refuses an unbalanced agreement and threatens to reinstate suspended tariffs. A bold move to stabilize the transatlantic economy The EU proposes to increase its imports of American goods by 50.4 billion euros. The goal? To defuse…
In the first look at the employment picture since last month’s Liberation Day tariff announcements sent markets tumbling and supply chain professionals into never-imagined areas of uncertainty, the U.S. jobs market for the time being remained reasonably strong.The U.S. added 177,000 jobs in April, according to the Bureau of Labor Statistics’ Nonfarm Payrolls Report. That topped analyst estimates for 130,000 and March’s 185,000 (revised from an originally reported 228,000).The unemployment rate for April was 4.2% versus 4.2% forecast and March’s 4.2%.In rally mode for the last two weeks since the initial panic over the tariffs, the price of bitcoin (BTC)…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2786.55, down 0.4% (-11.45) since 4 p.m. ET on Thursday.Four of 20 assets are trading higher.Leaders: BCH (+1.8%) and BTC (+0.4%).Laggards: SUI (-5.9%) and AVAX (-2.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
Sen. Cynthia Lummis (R-WY) declared this week she is “particularly pleased” with President Donald Trump’s endorsement of her proposed strategic bitcoin reserve, a plan she claims will tackle the national debt and solidify U.S. dominance in financial innovation. ‘America Must Lead’ on Bitcoin, Says Lummis After Trump Backs Reserve Plan The Boosting Innovation, Technology, and […]
A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.“Bitcoin has been a wonderful game, but with a couple of giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 14.Calacanis, an early investor in Bitcoin-related companies like online trading platform Robinhood and Bitcoin startup Keza, said, “All technology gets replaced over time… and Bitcoin will be no…
As the Dubai Token2049 conference concludes, one key takeaway is that the narrative around bitcoin (BTC) is swiftly expanding beyond its traditional role as a store of value to a potential DeFi asset competing with Ethereum and Solana.Prominent industry players like Franklin Templeton view this development as a positive step, confident it will enhance bitcoin’s utility without diluting its core appeal as a store of value as purists or maximalists fear.”I don’t think focusing on Bitcoin DeFi will dilute or complicate Bitcoin’s core narrative,” Kevin Farrelly, managing principal of blockchain venture capital at Franklin Templeton and VP of Digital Assets,…
The IRS lost two key directors working on crypto initiatives, Seth Wilks and Raj Mukherjee, on Friday after they accepted deferred resignation offers directed by the Department of Government Efficiency.Wilks and Mukherjee, who both went to the IRS from the crypto industry, are technically still employees with the IRS for the next few months but they are on paid administrative leave as of Friday afternoon, two people familiar with the situation told CoinDesk. President Donald Trump’s administration, through DOGE, offered deferred resignations to a wide array of federal employees earlier this year.Wilks, who was previously a vice president at TaxBit,…
22h20 ▪ 3 min read ▪ by Eddy S. A crypto company manager was kidnapped in broad daylight in Paris, France, in front of witnesses. The shocking case revives concerns about the safety of actors in the sector. In 2025, crypto-related kidnappings are multiplying. How far will this escalation of violence go? In brief A crypto company manager was kidnapped in broad daylight in Paris, France, by four masked individuals. The victim and his son, connected to a crypto company based in Malta, had already received threats. This is the second kidnapping in France in 2025 after that of Ledger…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Have you ever wondered why stock trades take days to settle? Have you ever looked at the UX nightmare that is fractional ownership and thought, How in the world is this still the norm? And why is it exactly that your shares must live inside custodial black boxes? These design failures boil down to the fact that the US equity market is fundamentally outdated. It’s trapped inside legacy infrastructure, shackled by intermediaries and probably coded in COBOL. Efforts to modernize the system are usually surface-level. We might…