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Trump Media & Technology Group (DJT) reported a $405.9 million first-quarter net loss on $871,200 in revenue, widening from $31.7 million a year earlier as unrealized losses on its crypto holdings weighed on results.The parent company of Truth Social booked $244 million in unrealized losses on its cryptocurrency holdings. It also recorded a $108.2 million investment loss tied mostly to equity securities.Trump Media held 9,542.16 bitcoin BTC$80,712.45 at the end of March, with a cost basis of $1.13 billion and a fair value of $647.1 million, the firm wrote in a filing with the SEC. That position is now worth…

Another analyst added that there’s no significaint downside pressure on ADA yet. Aside from a few impressive but relatively brief upticks during the late 2024/early 2025 rally, Cardano’s native token has mostly underperformed in the last cycle. While many other large-cap altcoins, alongside the market leader, managed to break their previous all-time highs last year, ADA remained far from such a feat. Its subsequent decline was also quite painful, as it now trades over 90% below its record price seen in 2021. It’s also out of the top 10 alts by market cap, slipping to the 15th spot on CoinGecko.…

London, United Kingdom, May 8th, 2026, Chainwire GoBTC Pay is a protocol that lets consumers make native and instant payments on Bitcoin’s base layer.  GoMining launches its own mining pool to prioritize GoBTC Pay transaction confirmation, targeting a 12-hour final on-chain settlement by the end of 2026. The launch marks a strategic expansion for GoMining, a platform with 5 million users. GoBTC Pay extends this ecosystem into everyday payments. GoMining launches GoBTC Pay a Bitcoin payment protocol that delivers on what the 2008 whitepaper promised: peer-to-peer electronic payments. GoBTC Pay enables free and instant Bitcoin payments on the core Bitcoin…

Matthew Sigel, VanEck’s Head of Digital Assets Research, has projected that Bitcoin (BTC) could reach $1 million per coin. Sigel made the comments on CNBC’s Halftime Report. He described the path as cyclical and warned of significant volatility along the way. VanEck Sees $1 Million Bitcoin in 5 Years During the show, Sigel compared Bitcoin’s trajectory to that of the video game industry’s, where adoption, once limited to children, now spans every age group. “When you look at the demographic trends and the intentions of young investors to allocate to Bitcoin. It’s going to be like the video game industry,…

Boltz, a leading non-custodial swap provider for Bitcoin, today announced the launch of USDC Swaps, enabling instant conversion between Bitcoin and USDC, the regulated stablecoin issued by Circle. Swaps are supported across all major Bitcoin layers, including the Lightning Network, and are live now at boltz.exchange. “USDC Swaps mark a turning point for the Bitcoin ecosystem. For the first time, anyone can move between Bitcoin and the dollar most trusted by the regulated financial world without opening an account, completing KYC, or trusting a custodian in the process,” said the team in a press release shared with Bitcoin Magazine.  A…

Keonne Rodriguez, one of the developers behind the crypto-mixing protocol Samourai Wallet, is appealing to the crypto community for donations to help cover legal bills and fines tied to his trial over money laundering. Samourai Wallet co-founders Rodriguez and William Lonergan Hill were sentenced on Nov. 19 to five and four years in prison, respectively, on charges stemming from their involvement in the protocol.Rodriguez said in an X post on Wednesday that he desperately needs help after being “financially wiped out,” accruing $2 million in debt from legal fees and a $250,000 fine imposed by the sentencing judge.Source: Keonne Rodriguez“We…

Ryan Cohen’s unsolicited $55.5 billion unsolicited bid to absorb eBay into GameStop has the corporate world doing a double-take. Cohen’s pitch sounds seductive on paper: he promises to slash $2 billion in bloated overhead and instantly rocket eBay’s diluted GAAP earnings per share from $4.26 to $7.79 in year one. But behind the flashy presentation lies a massive hurdle: a highly speculative cash-and-stock structure that requires taking on $20 billion in new debt from TD Securities and drastically diluting GameStop’s own stock to buy a company four times its size. Analysts and investors are deeply skeptical, which is why eBay’s…

James Ding May 06, 2026 19:05 Harvey AI’s new system enables accurate chart and diagram reasoning in legal documents, addressing costly gaps in traditional OCR methods. Harvey AI has unveiled an on-demand vision system designed to tackle one of the longstanding challenges in legal technology: understanding and reasoning over visual elements in legal documents. Unlike traditional OCR (Optical Character Recognition) pipelines that reduce charts, diagrams, and tables to plain text, the new system reads and interprets visual content only when necessary, boosting both accuracy and efficiency. Legal documents are rarely text-only; they often include financial charts, engineering diagrams, and even…

In brief Chrome silently downloads a ~4GB Gemini Nano file called weights.bin to eligible devices with no opt-in prompt, and automatically re-downloads it if deleted. Chrome’s “AI Mode” button in the address bar routes queries to Google’s cloud servers—the local 4GB model doesn’t power it. Privacy researcher Alexander Hanff argues the behavior violates the EU ePrivacy Directive. Check your Chrome user data folder. There’s a decent chance a 4GB AI model is sitting there—one you never agreed to install. The file is called weights.bin, buried in a folder named OptGuideOnDeviceModel. It’s the weight file for Gemini Nano, Google’s on-device language…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…