21 May 2025, 21:31

Solana Mobile’s Seeker Device Could Generate $67.5 Million Amid Innovative Ecosystem Developments

Solana Mobile is set to generate significant revenue with its upcoming Seeker device, reflecting the growing interest in Web3 technology and mobile integration. The company aims to capitalize on its

21 May 2025, 19:03

Why Solana Mobile Is Launching a Token Alongside Its New Android Phone

With the new Seeker phone set to ship in August, Solana Mobile unveiled plans for a new SKR token to fuel an open ecosystem of devices.

21 May 2025, 18:00

Microsoft’s AI conference derailed by back-to-back protests over Israel ties

Microsoft’s annual Build conference in Seattle has been met with major setbacks from protests over claims of power military operations in Gaza. Two days in a row, the meetings have been disrupted by people shouting “Free Palestine.” The protests are part of a growing campaign called No Azure for Apartheid. It is targeting Microsoft’s cloud contracts with Israel’s Ministry of Defense. The group has been protesting for more than a year. The Azure cloud software was used by the Israeli Air Force’s Ofek Unit to keep track of databases of possible targets for deadly airstrikes and by Israelis to spy on Palestinians. +972 Magazine says that leaked papers also show that Microsoft has a “footprint in all major military infrastructures” in Israel. The three major disruptions in Microsoft’s meetings The first disruption was caused by Joe Lopez, a Microsoft hardware engineer who worked on parts of Azure, the company’s cloud-computing platform. Security quickly led him out of the Build conference after speaking out against the company’s chief executive, Satya Nadella. “Satya, how about you show how Microsoft is killing Palestinians,” Lopez yelled. “How about you show how Israeli war crimes are powered by Azure?” Afterward, Lopez sent an all-staff email explaining his decision to stage a protest. The email read, “As one of the largest companies in the world, Microsoft has immeasurable power to do the right thing: demand an end to this senseless tragedy, or we will cease our technological support for Israel.” The second one happened as Microsoft’s head of CoreAI, Jay Parikh, was on stage discussing the company’s Azure AI Foundry efforts. A Palestinian tech worker interrupted his keynote to protest against the same issue. When Parikh went back to his keynote, he stumbled over his words. Then, one of his Microsoft coworkers came on stage to continue talking about the company’s work with AI developers. In addition, last month, two former Microsoft employees interrupted the company’s 50th anniversary event. One of them called Mustafa Suleyman, Microsoft’s AI CEO, a “war profiteer” and told the company to “stop using AI for genocide in our region.” Microsoft looks into how its tech is being used in the war in Gaza This second protest comes soon after Microsoft said that it had recently done an internal study and hired an outside firm, but didn’t say what firm it was, to look into how its technology is being used in the war in Gaza. The company said that there is no evidence that Microsoft’s Azure and AI technologies, or any of their other software, have been used to harm people or that IMOD has failed to comply with their terms of service or their AI Code of Conduct. Microsoft explained that its relationship with Israel’s Ministry of Defense (IMOD) is structured as a standard commercial relationship. However, Lopez didn’t buy it: “Leadership rejects our claims that Azure technology is being used to target or harm civilians in Gaza. Microsoft is set to host xAI, Meta Platforms, and others Microsoft announced it would host new AI models made by Elon Musk’s xAI, Meta Platforms, and European startups Mistral and Black Forest Labs in its data centers. The CEO of Microsoft, Satya Nadella, said that the new products from xAI, Meta, and others will have the same reliability promises as the OpenAI models that Microsoft hosts. “That’s just a game-changer in terms of how you think about models and model provisioning,” Nadella told conference attendees during a keynote address. “It’s exciting for us as developers to be able to mix and match and use them all.” The company also showed off a new AI tool that can do software coding tasks by itself. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

21 May 2025, 17:11

Solana (SOL) Makes an Announcement About a New Altcoin – The Last One Made a Big Splash

Solana Mobile, a subsidiary of Solana Labs, has introduced its decentralized architecture TEEPIN and its token SKR, which it claims will power the ecosystem. The company also announced that its second cryptocurrency-focused smartphone, the Seeker, will start shipping on August 4. Developed to decentralize and extend the Web3 mobile ecosystem to a wider network of hardware manufacturers, TEEPIN (Trusted Execution Environment Platform Infrastructure Network) is based on a three-layer architecture that will provide secure and trustless mobile access for developers, users and manufacturers. Related News: BREAKING: Bitcoin Hits All-Time High Price Record - Celebration in the Air Solana Labs co-founder and CEO Anatoly Yakovenko said that TEEPIN represents a new phase in mobile technology: “TEEPIN provides a framework where trust is not granted by a central authority but verified by cryptography. By leveraging the secure hardware in existing smartphones and on-chain governance, we are opening the door to open innovation, platform ownership, and a decentralized mobile future.” The newly introduced SKR token will serve functions such as economic incentives, ownership, and governance within the Solana Mobile ecosystem. According to the team, SKR will be distributed directly to developers and users. The phones previously released by Solana developers became extremely popular due to the airdrop rewards they were entitled to. However, it is questionable whether a different course will be followed this time because everyone is aware of this situation. *This is not investment advice. Continue Reading: Solana (SOL) Makes an Announcement About a New Altcoin – The Last One Made a Big Splash

21 May 2025, 16:15

Where is Satoshi’s Nobel Prize? It’s been 11 years since Andreessen made his case

Software has eaten the world. Now, it’s Bitcoin’s turn

21 May 2025, 15:10

SEC’s Hester Peirce Clarifies NFT Royalties Don’t Make Tokens Securities

NFTs and Creator Royalties Not Necessarily Securities United States SEC Commissioner Hester Peirce described how the majority of NFTs—especially those being employed to pay creators royalties—are not securities at the federal level. Speaking recently, Peirce emphasized that these NFTs are more similar to models for creative compensation than they are investment products. Just as streaming platforms reward the creator of a video or song every time a user listens to it, an NFT can make creators reap the benefits of a boost in the value of their work after selling it once,” Peirce said. She added that those payment mechanisms involving royalties do not give the holder of an NFT any interest in a business or its profits, untangling them from securities. Legal Analysts Say Media Got It Wrong Oscar Franklin Tan, Atlas Development Services’ best attorney, criticized the way media interpreted Peirce’s statement. According to him, the SEC never classed NFT royalties as securities in the first place. That is not contentious, and it was never considered to be a security,” Tan explained. He stated royalties are business revenue, not returns on investment. “The creator or artist is not an investor, not a passive third party to the NFT,” he added. Tan reiterated that the distinction applies only where royalties are being offered to a mass of token holders besides the creator, which may change legal attention. Blockchain Law Must Adhere to Traditional Logic Tan appealed to regulators to employ sound legal reasoning regardless of the technology employed. “Ask yourself, if this was done with pen and paper instead of blockchain, would there still be a regulatory issue? If not, slow down,” he advised. OpenSea Invites SEC to Shed Light on Marketplace Guidelines The debate on NFTs as securities doesn’t end with royalties. In 2024, the SEC issued OpenSea a Wells notice, which suggested that NFTs on the platform could be unregistered securities. However, the SEC officially closed the investigation on Feb. 22, 2025. OpenSea welcomed the action and followed up with a letter to Commissioner Peirce. OpenSea attorneys, in their letter, argued that NFT exchanges are not capable of being classified as exchanges or brokers under current securities law because they do not execute trades or act as middlemen.