Richard Socher has been a major figure in AI for some time, best known for founding the early chatbot startup You.com and, before that, his work on Imagenet. Now, he’s joining the current generation of research-focused AI startups with Recursive Superintelligence, a San Francisco-based startup that came out of stealth on Wednesday with $650 million
Key Takeaways Bitcoin futures open interest (OI) hit $61.9B across all exchanges on May 14, with Binance holding 19.05% market share. CME’s put-heavy options book signals institutional hedging, as calls lead 57% to 43% on Deribit and OKX volume. Deribit’s June 26 expiry carries $14.52B in notional value, making it the heaviest options event this
Dune Analytics has laid off 25% of its staff, with CEO Fredrik Haga citing AI tools as the primary driver. Summary Haga announced the restructuring on X, saying the company is sharpening focus on core data products used by thousands of crypto industry customers. Dune MCP, the firm’s new AI tool, lets teams build dashboards
In an ironic twist of luck that few predicted, crypto prices apparently performed better while CZ was in prison. Source link
Trump’s China summit brought Nvidia, Apple, and Tesla leaders into talks shaped by AI chips, trade pressure, and market-access demands. The post Trump’s China Summit Turns Into a Big Tech Power Play appeared first on TechRepublic. Source link
MoonPay has launched Headless Onramps, a crypto checkout platform that lets wallets, exchanges, and apps offer one-tap crypto purchases through Apple Pay, Google Pay, and cards. The product is available across the US, the European Economic Area, and more than 100 countries, with launch partners including Moonshot, Bitcoin.com, Bread, and Trust Wallet. MoonPay said the
Polymarket users are betting that deceased cypherpunk Len Sassaman will be revealed as Satoshi Nakamoto in HBO’s documentary. Source link
SAVE $90: The DJI Mini 4K drone is on sale for $209 at Amazon with the on-page coupon, down from the list price of $299. That’s a 30% discount and the lowest we’ve seen from Amazon. $209 at Amazon $299 Save $90 with on-page coupon Airline prices are high, and if you’re not planning to
Key Takeaways Dune CEO Fredrik Haga cut 25% of staff this week, citing a strategic refocus on AI and institutional onchain data products. Block slashed 40% of its workforce in February 2026, and Crypto.com cut 12% in March, both citing AI-driven efficiency gains. Dune plans to accelerate growth via Dune MCP, targeting financial institutions as
The US spot Bitcoin ETF products recorded a single-day outflow of $630M on Wednesday, the largest since January 29, bringing total redemptions over five trading days to $1.26Bn, according to data from SoSoValue. The Bitcoin price slipped by more than 1.5% in the same window, touching $79,300, as renewed US inflation concerns weighed on sentiment,