hodler

23 Apr 2026, 08:14

Why Satoshi’s Identity No Longer Matters: Strategy and Coinbase CEOs Signal the End of the Hunt

Strategy and Coinbase CEOs react to the Finney-Sassaman theory about Bitcoin creator Satoshi Nakamoto, marking the end of the 'Black Swan' that haunted the digital assets market for 17 years.

23 Apr 2026, 08:10

SpaceX eyes building its own GPUs as AI plans expand

SpaceX has told investors that its AI push may force it into one of the hardest parts of tech: making GPUs. In excerpts from the company’s S-1 registration, SpaceX listed “manufacturing our own GPUs” among the “substantial capital expenditures” behind its work on AI and other technologies. The filing comes ahead of a summer IPO expected to value SpaceX at about $1.75 trillion. An S-1 is the document companies file with the U.S. Securities and Exchange Commission before going public. The decision ties into Terafab, the AI chip complex being developed in Austin, Texas by SpaceX, its xAI unit, and Tesla. Elon Musk has said the site is aimed at chips for cars, humanoid robots, and space-based data centers. Many details have stayed unclear, including what kind of AI chips the project may actually make. One key question is whether SpaceX means standard GPUs, or a wider label for AI processors. SpaceX warns investors that outside chip supply may not keep up with growth The filing says SpaceX may not have enough chip supply to support its growth. In the registration, the company said, “We do not have long-term contracts with many of our direct chip suppliers.” It also said, “We expect to continue sourcing a significant portion of our compute hardware from third-party suppliers, and there can be no assurance that we will be able to achieve our objectives with respect to TERAFAB within the expected timeframes, or at all.” The company has not said when it plans to start making its own chips. It is also unclear which groups inside the Terafab effort, or partner Intel, would handle the fabrication technology inside the plant. Elon told Tesla analysts on Wednesday that by the time Terafab scales up, Intel’s next-generation 14A manufacturing process “will be probably fairly mature or ready for prime time” and “seems like the right move.” Different companies are taking different paths on AI chips. Nvidia mainly makes GPUs, general-purpose chips used for heavy data work. Google, owned by Alphabet, uses TPUs, built for specific jobs tied to training AI models and running chatbots such as Anthropic’s Claude. SpaceX has not said which route it wants to follow. SpaceX brings Cursor into its AI push after Microsoft steps back from talks The AI plan includes Cursor, the coding startup tied to a $60 billion deal. Before SpaceX announced this week it had secured the right to acquire Cursor, Microsoft had explored a deal, according to CNBC. But Microsoft chose not to proceed, and it is now trying to make its own AI tools more popular. It has gained ground with GitHub Copilot, but the AI coding market is now led by Cursor, Anthropic, and OpenAI. Microsoft’s main role there has been as an investor and cloud provider, putting billions into Anthropic and OpenAI , which committed to heavy spending on Microsoft Azure. A company post said, “SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI.” Cursor chief executive Michael Truell wrote on X that he was “excited to partner with the SpaceX team to scale up Composer,” referring to its AI model. The SpaceX agreement came together so late in Cursor’s fundraising process that prospective investors were caught off guard. In the weeks before the announcement, SpaceX had already offered Cursor access to compute. Making GPUs is extremely hard. Nvidia pioneered GPU design, but outsources manufacturing to TSMC in Taiwan. TSMC has spent years and billions building advanced chip processes. Producing leading-edge chips takes exotic materials and more than a thousand steps done with atomic precision. Making billions of Apple iPhone chips gave TSMC the hands-on experience needed to keep producing advanced processors for years at scale. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

23 Apr 2026, 08:05

MetaMask Co-Founder Dan Finlay Resigns: A Stunning Shift for Ethereum’s Core Infrastructure

BitcoinWorld MetaMask Co-Founder Dan Finlay Resigns: A Stunning Shift for Ethereum’s Core Infrastructure In a significant development for the Ethereum ecosystem, Dan Finlay, the co-founder of the ubiquitous MetaMask wallet, has formally resigned from Consensys, the primary developer behind the critical infrastructure. The news, first reported by U.Today on March 26, 2025, cites professional burnout as the central reason for his departure. Consequently, this move prompts immediate analysis regarding the future trajectory of one of Web3’s most essential tools. MetaMask Co-Founder Cites Burnout in Resignation Dan Finlay publicly confirmed his decision to step down from his role at Consensys. He explicitly attributed this choice to burnout, a state of emotional and physical exhaustion from prolonged stress. Furthermore, Finlay stated his intention to dedicate time to his family. This resignation follows a multi-year period of intense growth for both MetaMask and the broader Ethereum network. The wallet now serves over 30 million monthly active users, according to Consensys’s own published metrics. Transitioning from a founding role, Finlay’s contributions are deeply embedded in MetaMask’s architecture. His work focused extensively on user agency, security models, and the wallet’s extensible plugin system. Therefore, his departure marks the end of a foundational chapter. Industry observers are now closely monitoring how Consensys will manage this leadership transition. The company has not yet announced a direct successor for his specific responsibilities. The Central Role of Consensys in Ethereum’s Development To understand the impact, one must examine Consensys’s position. The Brooklyn-based company functions as a venture studio and core development hub for Ethereum. It employs hundreds of developers working on fundamental projects. These projects include the Infura API suite, the Truffle development toolkit, and the MetaMask wallet. Consequently, leadership changes at this level resonate across the entire developer stack. Consensys has recently navigated a shifting strategic landscape. For instance, the company raised significant funding rounds at valuations exceeding $7 billion. It also faced regulatory scrutiny regarding the classification of its services. Throughout these challenges, MetaMask remained its most public-facing and widely adopted product. The wallet’s success is inextricably linked to Ethereum’s own adoption curve. Analyzing the Impact on MetaMask’s Roadmap Finlay’s exit raises questions about product direction. He was a vocal advocate for user sovereignty and decentralized identity. His vision often emphasized privacy-preserving features and reducing reliance on centralized intermediaries. Moving forward, the development team must balance this ethos with practical demands for scalability and compliance. The immediate roadmap includes several key initiatives. These involve integrating advanced account abstraction (ERC-4337) for smoother user experiences. They also encompass expanding support for Layer 2 networks and non-EVM chains. The core team, which includes other long-standing contributors, has assured the community of continuity. However, the philosophical guidance from a co-founder is inherently unique. A Broader Trend of Founder Transitions in Crypto This event is not isolated within the digital asset industry. Several high-profile founders have stepped back from day-to-day operations in recent years. This pattern often follows periods of hyper-growth and intense regulatory pressure. For example, other ecosystem leaders have cited similar reasons of exhaustion and a desire for personal time. The table below contextualizes this trend with recent examples: Individual Project/Role Year Cited Reason Dan Finlay MetaMask Co-Founder 2025 Burnout, Family Time Other Industry Figure Major Exchange Executive 2024 Strategic Shift Prominent Protocol Founder Leading DeFi Platform 2023 Desire for New Ventures This trend underscores the immense pressure facing pioneers in this rapidly evolving field. Building critical financial infrastructure demands relentless effort. Moreover, the constant pace of innovation and security threats contributes to high-stress environments. Sustainable leadership models are becoming a central topic of discussion. Expert Perspectives on Sustainable Web3 Leadership Industry analysts note that founder transitions are a sign of sector maturation. As projects evolve from startups to essential infrastructure, professionalized management often follows. This process can strengthen governance and operational resilience. However, it also risks diluting the original visionary culture that drove early adoption. Key considerations for Consensys and similar entities now include: Knowledge Retention: Ensuring Finlay’s deep technical and philosophical insights are documented and integrated. Team Morale: Managing the internal impact on the MetaMask development team. Community Communication: Maintaining transparent dialogue with users and developers about future plans. Strategic Continuity: Balancing innovation with the stable operation of a service used by millions. Conclusion The resignation of MetaMask co-founder Dan Finlay from Consensys represents a notable inflection point for Ethereum’s primary gateway. Driven by burnout, his decision highlights the human factors within the high-stakes crypto industry. While the immediate operational impact on the MetaMask wallet may be managed by a deep bench of talent, the departure of a foundational thinker prompts reflection. The ecosystem’s long-term health depends not only on technological advancement but also on sustainable practices for its builders. The community will now watch how Consensys navigates this transition while upholding the principles of decentralization and user empowerment that Finlay championed. FAQs Q1: Why did Dan Finlay really resign from Consensys? Dan Finlay cited burnout and a desire to spend more time with his family as the direct, personal reasons for his resignation, as he stated publicly. There is no evidence of other immediate factors. Q2: Will MetaMask stop working or become less secure after this? No. MetaMask is developed by a large, experienced team at Consensys. The application’s security and functionality rely on robust, distributed engineering processes, not a single individual. The team has committed to ongoing development and maintenance. Q3: Who will replace Dan Finlay at Consensys? As of the initial announcement, Consensys has not named a direct replacement for Dan Finlay’s specific role. His responsibilities are likely to be distributed among existing senior technical leaders and product managers within the MetaMask and Consensys organization. Q4: What did Dan Finlay actually do for MetaMask? As a co-founder, Finlay was instrumental in shaping MetaMask’s core philosophy of user sovereignty and security. He contributed heavily to its technical architecture, particularly its plugin system and approaches to identity management, making it a flexible and user-centric tool. Q5: Is this related to recent regulatory pressure on Consensys? While Consensys has faced regulatory scrutiny, Finlay’s statement specifically pointed to burnout and family. There is no direct evidence linking his departure to ongoing legal or regulatory matters. The stress of operating in a regulated environment, however, is a factor across the entire industry. This post MetaMask Co-Founder Dan Finlay Resigns: A Stunning Shift for Ethereum’s Core Infrastructure first appeared on BitcoinWorld .

23 Apr 2026, 08:00

Aave market shows signs of strain as exchange inflows signal growing risk

7-day moving average of the exchange netflows saw a sharp uptick over the past week.

23 Apr 2026, 07:30

Brian Armstrong Says Base Is the Best Chain for Trading, Payments, and Agents

Coinbase CEO Brian Armstrong declared Base as the leading blockchain for trading, payments, and artificial intelligence (AI) agents, as the layer-2 ( L2) holds its position as the largest Ethereum rollup by total value locked (TVL). Key Takeaways: Coinbase CEO Brian Armstrong named Base the top chain for trading, payments, and AI agents on April

23 Apr 2026, 07:26

Bitget Launches OPGUSDT Futures Trading With Up to 20x Leverage

Bitget has launched the OPGUSDT futures trading pair on April 23, 2026. The trading pair offers up to 20x leverage. KuCoin and Binance have also announced the launch of the OPGUSDT perpetual contracts. Bitget, a prominent crypto exchange, has added the OPGUSDT trading pairs to its futures trading lineup. This means that users now have an additional avenue to trade OPG tokens through the derivatives market. As for the addition of OPGUSDT to Bitget’s platform, it took place on April 23, 2026. Users can use it up to 20x leverage and trade it 24 hours a day. On top of adding the new futures pairs, Bitget has also announced that futures bots will now be allowed on OPGUSDT contracts. They will pay the funding fee at a frequency of four hours and can be traded around the clock. This offers flexibility for both manual and algorithmic traders. Bitget Rolls Out OGUSDT Futures with Key Trading Features According to the latest reports, crypto exchange Bitget has announced the launch of OPGUSDT futures pair on its derivatives trading platform. With this strategic move, the platform is expanding its derivatives offerings for traders looking to gain exposure to the OPG token. Reportedly, the new contract went live on April 23. The launch allows users to trade the token with up to 20x leverage. This adds another high-potential instrument to the firm’s growing futures market. It is worth noting that the development comes following security concerns surrounding Bitget wallet swap feature. It is worth noting that the OPGUSDT contract is settled in USDT and comes with a tick size of 0.0001, ensuring precise order execution. The traders can access the market throughout the day, while the funding charges are collected every four hours. This is normal for perpetual markets. Such an arrangement makes sure that the trading experience is smooth and consistent in varying market conditions. Apart from manual trading, Bitget now supports the feature of futures trading bots. In OPGUSDT futures trading bots, users can implement their trading strategies without any delay by using automation. It was stated that various parameters, such as leverage and margins, could be changed with time according to the market risk. Interestingly, beyond Bitget, other prominent platforms like KuCoin and Binance have also announced the launch of OPGUSDT perpetual contracts. What OPGUSDT Listing on Bitget Means for Traders? Significantly, the introduction of OPGUSDT futures enables traders to trade on the trend movement of the token, via the use of the derivatives product. Futures trading offers traders an opportunity to take both long and short positions, and hence is based on the anticipation of rising or declining market trends. Given that futures trading requires some expertise, it is usually perceived as being quite risky and is commonly conducted by those who are familiar with similar financial markets. For context, OPGUSDT is a futures trading pair where OPG is the underlying asset. Here, USDT is used as the settlement currency. In simple terms, traders are speculating on the price of OPG while using USDT to open and settle their positions. This setup is common in crypto derivatives trading, as it offers better liquidity and easier profit calculation compared to coin-margined contracts. Another major advantage is the added flexibility through all-time trading and support for automated bots. This means that traders can execute strategies at any time without constantly monitoring the market. At the same time, users should stay aware of market volatility and changing conditions. This is because leverage and other parameters may be adjusted by the platform to manage risk.