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Ethereum is staring down one of its most significant supply risks as more than 1 million ETH, valued at $5 billion, lines up for withdrawal from staking. The unprecedented exit queue has ignited debate over whether the network could face a wave of selling pressure or if the movement marks a rotation of capital within the Ethereum ecosystem. Ethereum Sees Record Validator Exodus Ethereum faces what analysts describe as the largest validator exit events in its Proof of Stake (PoS) history. Blockchain data from ValidatorQueue shows more than 1 million Ether, worth roughly $5 billion, awaiting withdrawal. Notably, validators, who…
On Tuesday, parents of a teen who died by suicide filed the first ever wrongful death lawsuit against OpenAI and its CEO, Sam Altman, alleging that their son received detailed instructions on how to hang himself from the company’s popular chatbot, ChatGPT. The case may well serve as a landmark legal action in the ongoing...
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In brief Tron’s blockchain is expected to be 60% cheaper to use after a vote by users. The upgrade should make the network more attractive for crypto users, creator Justin Sun said. Tron is popular with stablecoin users, but transaction costs have risen over the last year. Tron has become cheaper to use after the...
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BitMine Immersion Technologies saw its stock sink nearly 8% this week, yet that didn’t stop Cathie Wood’s ARK Invest from pouring another $15.6 million into the company. Related Reading The latest move comes during a period of heightened volatility in both equities and crypto markets. ARK Expands Its Holdings According to ARK’s trading disclosures on August 27, the firm bought 339,113 BitMine shares spread across three ETFs. The ARK Innovation ETF acquired 227,569 shares valued at a little over $10 million, while the Next Generation Internet ETF added 70,991 shares worth $3.27 million. The Fintech Innovation ETF purchased another 40,553…
Years before the storm, Tonie Waltman had been told a premonition of its disastrous aftermath. Around 1997, her dad, a Black man named Hardy Jackson, was hit by an oncoming train. He’d ultimately survive, but not before being induced into a coma, from which doctors predicted he’d never recover. “In ‘98, my dad sat me...
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In brief Eliza Labs sued X Corp., alleging theft of AI tech and anti-competitive deplatforming. A legal expert said that Eliza Labs’ open-source status weakens IP claims, but unfair practices may hold. Eliza Labs seeks damages, reinstatement, and profits from allegedly misused technology. Eliza Labs and its founder, Shaw Walters, are suing Elon Musk’s X,...
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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
TechCrunch Disrupt isn’t just about showcasing the startups of tomorrow — it’s also about surfacing the boldest ideas shaping technology today. Thanks to the support of our partners JetBrains and Greenfield, the TechCrunch Disrupt 2025 program, happening October 27–29 at San Francisco’s Moscone West, brings two must-see sessions that put AI front and center. Monday, October 27 — Builders Stage 1:40 p.m. – 2:10 p.m. PTWho’s Defining AI’s Future in 2025? The AI Disruptors 60 UnveiledPresented by Greenfield Partners We’ve seen it with the internet, and again with mobile: moments when technology reshapes everything. Now it’s AI’s turn — and…
I t was a round of poker, fittingly, that upended Mathew Bowyer’s life in spectacular fashion. While he preferred to sate his appetite for risk by playing baccarat, poker had served as his formative introduction to the pleasures and possibilities of gambling. Back in the early Nineties, as an enterprising high school student in Orange...
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Lawmakers in two GOP-controlled state legislatures hosted discussions on the potential of the psychedelic ibogaine to treat addiction and other mental health conditions this week. In Mississippi, the House Public Health and Human Services and Senate Public Health and Welfare held a three-hour joint hearing at which lawmakers heard from military veterans, scientific researchers and...
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