Elon Musk leaves DOGE as job was ‘uphill battle’
Elon Musk steps down from his role in the DOGE government efficiency project, citing challenges in reducing federal waste. DOGE’s claimed savings are disputed, and a lawsuit alleges constitutional violations.
Elon Musk Bids Adieu During Final Days as Special Government Employee at DOGE – Decrypt
Elon Musk steps down from DOGE, the federal efficiency agency he co-founded, as his Special Government Employee term ends. DOGE faces criticism over disputed savings and partisan conflicts amid Musk’s political shift.
European crypto firm K33 raises $6.2M for Bitcoin buys
Norwegian crypto firm K33 raised $6.2M to buy Bitcoin, aiming to establish a Bitcoin Treasury Strategy. The funds came from convertible loans and share issuance, potentially acquiring up to 57 BTC.
Asia Morning Briefing: All Eyes on TON as Elon Musk Pours Cold Water on xAI Deal Talks
TON token surges amid Telegram-xAI deal speculation, despite Elon Musk denying a signed agreement. Bluesky CEO discusses avoiding blockchain for social media, favoring Web2 practicality over Web3.
Nvidia posts mixed Q1, predicts $8B hit with US chip curbs
Nvidia reported mixed Q1 earnings, beating revenue estimates but missing income predictions due to US export restrictions on AI chips to China, forecasting an $8B revenue hit.
Bitcoin Investor Kidnapped in NY — Shocking Details Emerge
Two US crypto investors kidnapped and tortured an Italian man in Manhattan to steal his Bitcoin. The victim escaped after 17 days; police found weapons and evidence of abuse.
US Banks See $70,600,000,000 in Profits in First Quarter As Non-Interest Income Jumps: FDIC – The Daily Hodl
US banks reported $70.6 billion in Q1 profits, driven by a 5.8% rise in non-interest income, with major banks seeing significant asset growth, per FDIC and S&P Global data.
GameStop Confirms $513M Bitcoin Investment – Brave New Coin
GameStop confirms $513M Bitcoin investment, purchasing 4,710 BTC, marking its first public digital asset move amid corporate reinvention and following MicroStrategy’s treasury trend.
Telegram Bond Sale Lures BlackRock, Citadel Into $1.5B Bet
Telegram is raising $1.5B in a bond sale backed by BlackRock, Citadel, and Mubadala. Funds will repurchase 2021 bonds, offering 9% yield and equity conversion. CEO Durov faces legal issues in France.
GameStop Buys $513 Million Worth Of Bitcoin
GameStop purchased $513 million in Bitcoin, joining corporate Bitcoin adoption trends. The investment represents 10.7% of its liquid assets, following its March announcement to pursue Bitcoin treasury strategies.
