Category: crypto

Six Democratic senators accused Deputy Attorney General Todd Blanche of a conflict of interest due to his cryptocurrency holdings when he issued a memo disbanding the National Cryptocurrency Enforcement Team. Blanche divested his holdings to family members before the memo, which benefited the crypto industry broadly. Senators demanded documentation on the issue.

Coinbase withdrew support for the latest CLARITY Act draft, citing concerns about restrictions on stablecoin yield and transaction size data access. The changes could strip the exchange of $800 million in annual revenue. This standoff could fracture industry consensus on crypto regulation, complicating the bill’s passage before the May deadline.

The fate of the CLARITY Act in the crypto market is uncertain as it faces challenges in the Senate before the November midterm elections. The bill, which passed the House in 2025, is caught in disputes over stablecoin yield, DeFi oversight, and ethics provisions. Its passage could have a significant impact on the digital asset…

Anthropic launched Claude Managed Agents, a service that provides a production infrastructure for AI agents built on Claude, handling tasks such as sandboxing, state management, credential handling, and error recovery. Pricing is usage-based, with a cost of $0.08 per runtime hour. Early adopters include Notion, Rakuten, and Asana.

The OpenAI Foundation is finalizing over $100 million in Alzheimer’s research grants this month, part of a $1 billion commitment by 2026. The grants focus on using AI for drug design, biomarker development, and disease progression tracking. This shift in focus represents a significant investment in AI in science.

HeyGen’s Avatar V AI video tool creates photorealistic digital twins of users from a short webcam recording, maintaining identity consistency across all generated videos. Users can customize outfits and scenes, with voice cloning as an optional feature. The tool is integrated with HeyGen’s platform for video generation and is available through paid subscription tiers.

Perplexity’s AI news revealed a $450 million annual revenue increase in March, a 50% jump in a month, due to the launch of Computer and usage-based pricing. With over 100 million users, the company aims for $656 million ARR by 2026. The shift towards autonomous agents marks a competitive shift in enterprise AI.

Anthropic’s revenue surpassed $30 billion annually in April 2026, three times more than in 2025. The company’s enterprise-heavy revenue mix from business customers has led to significant growth. They have also secured a major compute deal with Google and Broadcom for TPU computing capacity starting in 2027. This signals strong demand and infrastructure expansion.

Survivors of the Iran war attack that killed six US Army Reserve soldiers in Kuwait are speaking out for the first time, contradicting Defense Secretary Hegseth’s account of the strike. They claim their unit had no defenses when the Iranian drone hit. The Pentagon’s version of events is being questioned.

The USPS crisis was brought to Congress by Postmaster General David Steiner, warning that the agency will run out of cash within a year and may need to stop delivering mail. The agency is seeking increased borrowing limits, higher stamp prices, and exploring options like cutting delivery days to address financial challenges.