May 13, 2026Twila Rosenbaum
Reddit has started redirecting users on mobile browsers to download its app, effectively blocking the mobile website. This move has sparked backlash, with many users stating they will leave the platform rather than install the app. The change affects both logged-in and anonymous users, forcing them to use the native app for browsing subreddits and posting content.
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May 13, 2026Twila Rosenbaum
Kenya's President has raised alarm that Microsoft's $1 billion AI data center project could overload the national grid, potentially leaving half the country without power. The government, however, denies any failure or withdrawal from the initiative. This article explores the tensions between technological advancement and energy infrastructure in East Africa's largest economy.
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May 13, 2026Twila Rosenbaum
A white hat hacker returned nearly $190,000 to Renegade.fi hours after exploiting a vulnerability in its Arbitrum-based dark pool. The exploit, which resulted from a faulty software update, allowed the hacker to steal 27 different tokens. The hacker followed Renegade's onchain instructions to return 90% of the funds and kept the rest as a bounty. This incident underscores the critical role white hats play in protecting DeFi users from malicious actors.
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May 13, 2026Twila Rosenbaum
Bakkt reported a net loss of $11.7 million in Q1 2026 as crypto trading revenue plunged 77% to $243.6 million. The company is pivoting away from crypto trading toward stablecoin infrastructure and AI payments, citing regulatory tailwinds from the GENIUS Act and CLARITY Act. The move comes as stablecoin firms like Circle see surging interest.
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May 13, 2026Twila Rosenbaum
Exodus Movement reported a net loss of $32.1 million for Q1 2026, more than double the previous year, as the crypto wallet company sold over 1,000 Bitcoin to fund acquisitions. Revenue dropped 36.8% to $22.7 million, driven by lower user trading volumes and a decline in monthly active users. The company used $73.2 million from Bitcoin sales to acquire W3C Corp., while also launching XO Cash for AI agent payments.
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May 13, 2026Twila Rosenbaum
LMAX Group has introduced Kiosk, a hosted portal that allows institutional clients to deposit digital assets into LMAX Custody and use them as collateral for trading across multiple asset classes, including FX, metals, derivatives, and crypto. The solution includes tools for deposits, withdrawals, and treasury management. This launch aligns with industry moves by DTCC and Franklin Templeton to leverage tokenized assets as collateral.
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May 13, 2026Twila Rosenbaum
The Depository Trust & Clearing Corporation (DTCC) will integrate Chainlink’s decentralized oracle infrastructure into its Collateral AppChain platform, aiming to enable 24/7 collateral management and improve capital efficiency. The move comes as tokenized securities gain traction, with over 50 financial firms participating in DTCC’s pilot program. The initiative reflects a broader industry shift toward blockchain-based settlement and asset tokenization.
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Apr 20, 2026Twila Rosenbaum
As AI continues to evolve, OpenAI has unveiled policy proposals aimed at reshaping the economy, suggesting measures like a robot tax, public wealth funds, and a four-day workweek. These proposals are designed to ensure that the benefits of AI are widely distributed and to mitigate systemic risks associated with technological advancements.
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Apr 20, 2026Twila Rosenbaum
Physical Intelligence has made headlines with its new robot brain, π0.7, capable of executing tasks it wasn't explicitly taught. This breakthrough suggests a new era for robotic AI, enabling robots to learn and adapt in real-time. The research indicates promising advancements in general-purpose robotic functions.
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