OpenAI plans to shut down its Sora AI video generator just months after launching a standalone app, as the company moves to simplify its product lineup and redirect resources toward core AI systems. We’re saying goodbye to the Sora app. To everyone who created with Sora, shared it, and built community around it: thank you.
Bitmine Immersion Technologies (BMNR), led by Fundstrat Global Advisors’ co-founder Thomas “Tom” Lee, is rolling out its MAVAN staking solution after months of infrastructure preparation, the company announced Wednesday. MAVAN, short for Made-in-America Validator Network, is a proprietary staking platform built to dominate institutional Ethereum staking and expand into broader blockchain infrastructure services. It was first
Elon Musk halted a planned overhaul to X’s Creator Revenue Sharing program after international creators warned the changes would penalize legitimate English-language accounts. X Head of Product Nikita Bier had announced the update would take effect on Thursday, weighing impressions from a creator’s home region more heavily to discourage foreign accounts from targeting US and
Circle Internet Group (CRCL) dropped 20% on March 24 after the Clarity Act’s draft language banned passive stablecoin yield, erasing an estimated $4.6 billion in market value. The sell-off hit as three forces converged on Circle simultaneously. A yield ban rattled investors, rival Tether ($USDT) announced a Big Four audit, and 16 $USDC business wallets
GameStop just dropped a mixed set of numbers in its latest earnings report on Tuesday, where Q4 net sales came in at $1.104 billion, down from $1.283 billion a year earlier.Even with that drop, net income still landed at $127.9 million, just under the $131.3 million reported in the prior-year quarter. GameStop also published its
Global giant BlackRock has made important statements regarding which cryptocurrencies are attracting the attention of institutional investors. Robert Mitchnick, head of digital assets at BlackRock, said that institutional investors are increasingly focusing on Bitcoin ($BTC) and Ethereum ($ETH). Speaking at the Digital Asset Summit in New York, Robert Mitchnick stated that institutional investors have recently
Crypto asset manager 21shares sees actively managed exchange-traded products as the next phase of crypto investing, as the market matures beyond simple price-tracking funds. Duncan Moir, president of 21shares, told Cointelegraph in an exclusive interview that because crypto is a nascent and growing asset class, it is particularly well suited to active management. He said