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Miami, Florida, May 4th, 2026, Chainwire For decades, the DeLorean has meant something to people. It’s a car, yes, but more than that, it’s a symbol. Of the future. Of rebellion. It’s the degen car, with the gullwing doors, embedded forever in pop culture. But more than that, it represents the idea that something ordinary could become extraordinary. That meaning has always belonged to the culture, not to any single owner.  Today, it’s not too far from reality. DeLorean Labs, the official Web3 arm of the DeLorean Motor Company, is bridging its native token $DMC to Solana, with support from…

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As artificial intelligence continues to expand at an unprecedented pace, computing power has become one of the most valuable resources in the digital economy. OpenGPU Network introduces a next-generation platform that allows users to transform their personal computers into active nodes of a global computing network — and earn rewards by contributing GPU power. OpenGPU Network is a distributed GPU-powered platform that runs directly on your computer. After installing the application, your GPU connects to the network and begins processing real computational workloads, including AI-related tasks and data processing operations. In return, participants receive rewards based on their hardware performance…

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Bitmine owns more than 4.29% of the total ETH coin supply of 120.7 million Bitmine is 86% of the way to the ‘Alchemy of 5%’ in just 10 months Crypto Spring has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains Bitmine uplisted to the New York Stock Exchange (“NYSE”) from the NYSE American effective as of April 9, 2026 Bitmine has 4,362,757 staked ETH,…

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Strategy’s pause in its Bitcoin purchase drew criticism, ranging from its alleged weakening conviction in the asset to missing out on BTC’s Monday rally. One of its top officials’ recent “iPhone moment” comment on STRC also generated a mixed response from the crypto community. Crypto market sentiment has significantly recovered as Bitcoin (BTC) touched the $80K mark on early Monday morning (UTC). However, Strategy’s (formerly MicroStrategy) announced pause in its purchases of the premier digital asset has raised doubts about whether the market is already on its way out of a bearish cycle. No Bitcoin Purchase for Strategy This Week…

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Rakuten Wallet just flipped the switch on XRP. Users can now spend the token at over 5 million merchant locations across Japan through the Rakuten Pay network. It’s one of the biggest real-world crypto rollouts the country has seen. The wallet app now lets people convert their Rakuten Points—the loyalty currency that pretty much every Japanese shopper has—straight into XRP. From there, they can trade it, hold it, or spend it. Rakuten Cash can also be charged through the wallet, which means users basically have a bridge between traditional reward points and actual cryptocurrency. A Ripple executive flagged the integration…

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Mark Zuckerberg held a company town hall on April 30 to address Meta employees directly about the layoffs. It was the first time he had spoken to staff about the cuts since Reuters first reported the plan in March. What he said did not reassure them. And what he did not say may have worried them even more. What Zuckerberg told Meta employees about layoffs Zuckerberg was direct about why the layoffs are happening. “We basically have two major cost centers in the company: compute infrastructure and people-oriented things,” he said in the session. “If we’re investing more in one…

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MUMBAI: The International Financial Services Centres Authority (IFSCA) has asked funds in GIFT City to hold off on action after a Reserve Bank of India (RBI) FAQ triggered confusion over their regulatory status.In a circular issued on Friday, the GIFT City regulator said the RBI clarification is being discussed with the central bank and directed financial institutions in the jurisdiction to await further instructions from IFSCA.The uncertainty stems from a 25 March RBI FAQ stating that entities operating in the GIFT International Financial Services Centre (IFSC) must file annual Foreign Liabilities and Assets (FLA) returns if they receive foreign investment…

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Crypto onramping solution Fun has raised a $72 million Series A funding round co-led by Multicoin Capital and SignalFire, according to an announcement on Friday. The funding will help support the “deliberately small, engineering-led team,” including a push into the Asia-Pacific region with a new Singapore office, and through potential acquisitions. Founded in 2022, Fun provides background infrastructure to move value across blockchain rails, and powers the deposits, withdrawals, and settlement flows of some of crypto’s leading apps, including prediction market Polymarket, decentralized perps DEX Lighter, and lending protocol Aave. “Fun is focused on a simple but foundational problem: removing…

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Donald Trump declares the Strait of Hormuz “100% shut down,” but markets rally as oil prices drop on diplomatic signals. Iran sends a fresh proposal via Pakistan, triggering a sharp pullback in crude prices. Chevron CEO warns oil markets remain fragile, with supply risks persisting despite easing prices. President Donald Trump has just announced that the Strait of Hormuz is “100% shut down.” Despite the statement, markets remain positive, with the total crypto market cap rising 2.1% over the last 24 hours to $2.68 trillion. Iran has already sent a fresh proposal to mediators, and oil prices have fallen fast.…

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