befla

Greg Abel Reveals Berkshire’s ‘Narrow AI’ Direction After Buffett Retirement

by
Greg Abel told Berkshire Hathaway shareholders Saturday that the conglomerate will adopt artificial intelligence (AI) only where it adds clear value, rejecting industry-wide hype in his first annual meeting as the designated successor to Warren Buffett. His remarks, delivered in Omaha on May 2, set out a cautious deployment strategy across Berkshire’s insurance, rail, energy, … Read more

a16z Calls “Stablecoin” a Leftover Word From Crypto’s Volatile Past

by
Andreessen Horowitz’s crypto arm says the word “stablecoin” has become a relic of crypto’s volatile early years. The label, the firm argued, will fall out of use as digital dollars settle into mainstream finance. The firm argued that stability has stopped being the category’s defining feature. The technology has outgrown its original name. It now … Read more

Berkshire Cash Hits Record $397 Billion as Abel Keeps Buffett’s Anti-Bitcoin Stance

by
Berkshire Hathaway’s cash hoard climbed to a record $397.4 billion in the first quarter of 2026, the company reported Saturday, even as new chief executive Greg Abel kept the conglomerate’s long-running aversion to Bitcoin (BTC) intact. The release marks the first quarterly disclosure since Buffett handed the chief executive role to Abel at the start … Read more

Solana Trading Bot Turns 20 cents Into $1.32 Million on Ant Blockchain

by
Automated trading bots extracted about $1.32 million by exploiting a price gap in Ant Blockchain (ANB). The dislocation appeared across two Meteora liquidity pools, according to on-chain trackers and Solana market watchers. The largest single trade converted about $0.227 in USD Coin (USDC) into $696,000, spending only 2.32 SOL in priority fees. Multiple wallets repeated … Read more

Developer Claims He Can Crack $700 Million Lost Bitcoin Wallet 

by
A developer claims a new CUDA-powered tool can recover 8,999 Bitcoin (BTC) lost in 2010 by a user known as “Stone Man.” The dormant fortune is now worth roughly $688 million. The address has not moved a single satoshi in almost 16 years. A successful recovery would rank among the largest reclaimed Bitcoin holdings ever … Read more

Coinbase Backs CLARITY Act Compromise Banning Passive Stablecoin Yield

by
Senators Thom Tillis and Angela Alsobrooks have finalized a bipartisan compromise on stablecoin rewards, removing the biggest obstacle to the Digital Asset Market Clarity Act and clearing a path toward Senate Banking Committee markup. The new text blocks payouts that function like bank deposit interest while preserving rewards tied to genuine platform activity. Coinbase executives … Read more

GameStop Stock Jumps 9% on eBay Bid Report, Reigniting Meme Stock Frenzy

by
GameStop (GME) shares jumped more than 9% in after-hours trading on May 2. A Wall Street Journal report said the videogame retailer is preparing a takeover bid for eBay (EBAY). The report sent Reddit’s retail trading community back into overdrive, reviving a meme stock playbook that had cooled since 2021’s record short squeeze. Stock Surge … Read more