Month: March 2026

Strategy CEO Phong Le sells 3,299 shares for over $456,000

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Phong Le, president and CEO of Strategy, who oversees both the enterprise analytics business and the corporate Bitcoin treasury operations, sold 3,299 shares of the company’s Class A common stock this week, according to a recent SEC filing. The shares were sold at an average price of $138, generating more than $456,000 in proceeds. Le also disclosed the acquisition of 7,320 MSTR shares through the exercise of restricted stock units. Strategy ended Wednesday up 2% at $139. The stock slipped 2% at market opening on Thursday and has fallen 8%…

White House Review Greenlights Proposal for Crypto in 401(k) Plans

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The White House’s Office of Information and Regulatory Affairs (OIRA) has completed its review of a Department of Labor (DOL) proposal that could reshape how 401(k) fiduciaries evaluate alternative assets, including digital-asset exposure. The OIRA’s website shows the review concluded on March 24, with the action marked “consistent with change” and the proposal classified as “economically significant.” The DOL is now expected to publish the proposed rule for a standard 60-day public comment period, which is usually followed by revisions and the issuing of a final rule. The proposal follows…

Circle’s CRCL Stock Hints at 25% Gains as Market Overreacts to CLARITY Act

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Circle Internet Group’s CRCL stock is showing signs of a potential 25% rebound after the market may have reacted too aggressively to fears surrounding draft CLARITY Act language tied to stablecoin yield restrictions. CRCL daily price chart. Source: TradingView Key takeaways: CRCL is attempting to stabilize above a major support confluence near $100.75. Analysts say draft CLARITY Act language may hurt distributor incentives more than Circle’s core reserve-income model. CRCL stock holds support, opening path to $130 From a technical perspective, CRCL is trying to base near an important support…

MARA sells 15,133 Bitcoin for $1.1 billion and slips behind Twenty One Capital

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MARA Holdings, a Nasdaq-listed Bitcoin miner moving into digital energy and artificial intelligence infrastructure, on Thursday disclosed that it sold 15,133 Bitcoin for roughly $1.1 Billion over three weeks this month to fund the repurchase of its 2030 and 2031 convertible notes. The move reduces outstanding debt by about 30%, captures an estimated $88 million in value, and strengthens the company’s balance sheet while limiting potential shareholder dilution. Fred Thiel, MARA’s chairman, explained that the decision to sell some Bitcoin reflects a capital allocation strategy designed to reduce debt and…

How a Seed Phrase Leak Led to a $176M Bitcoin Theft Case

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Code is not the weakest point in crypto thefts In crypto, security is usually regarded as a technical issue. You are asked to safeguard your private keys, rely on a hardware wallet and steer clear of phishing links. Yet a prominent case in the UK reveals that the real vulnerability in this case might have had nothing to do with code. A case currently before the UK High Court revolves around the alleged theft of 2,323 Bitcoin (BTC), worth about $176 million. The reported theft did not stem from hacking…

Blockchain Philanthropy Fails Africa’s Real-World Test

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Opinion by: Samuel Owusu-Boadi, founder of WellsForAll Over the past decade, crypto philanthropy has exploded. From a niche experiment to a transformative force channeling billions into global causes, crypto philanthropy’s moment has arrived. According to data from The Giving Block, crypto donations exceeded $1 billion in 2024, proving that blockchain-based giving is now a legitimate, more transparent (in theory) and efficient alternative to traditional charity fundraising. While these figures show momentum, scale alone does not equate to success, especially in philanthropic projects across Africa. Across the African continent, many crypto…

Elon Musk’s X Hires Ex-Aave and Base Design Lead Benji Taylor

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Elon Musk’s X has hired crypto-native product designer Benji Taylor as its new head of design, ahead of a wider rollout of the platform’s X Money payments product next month.  Taylor announced the move on X on Wednesday, saying he was “honoured” to join the company and looking forward to working closely with Musk and X’s head of product Nikita Bier. Taylor’s crypto-native background is notable, previously founding Los Feliz Engineering, a consumer software studio that was acquired by decentralized lending protocol Aave Labs in 2023. Bier said that he…

Nvidia Faces Investor Class Over Misstatements on Crypto Mining Sales

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A California federal judge has certified an investor class in a securities lawsuit accusing Nvidia and CEO Jensen Huang of misleading shareholders about how much of the company’s gaming revenue during the 2017-2018 crypto mining boom came from GPU sales to cryptocurrency miners. US District Judge Haywood S. Gilliam Jr. ruled in a March 25 order that investors can pursue their claims as a group, while stressing that class certification is a procedural step and does not resolve the question of whether Nvidia’s statements were fraudulent. The order defines the…

Mortgage giant Fannie Mae to accept Bitcoin and crypto as collateral for home loans

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Digital assets are making their way into the US housing market as mortgage giant Fannie Mae prepares to accept Bitcoin and other crypto holdings as part of down payments, The Wall Street Journal reported Thursday. The move allows crypto holders to use assets like Bitcoin directly when buying a home through Fannie Mae-backed mortgages. Instead of selling their crypto for US dollars, they can pledge it as part of the down payment, making it easier to access traditional housing finance. The program is being rolled out with Coinbase and Better…

Christian Catalini: AI will transform job markets, coding professions face uneven automation, and human expertise remains critical in decision-making

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Key takeaways AI’s potential to automate jobs is a major source of public anxiety. The rapid transition to new technology will transform job markets. New technologies often bring underestimated potential despite challenges. AI will significantly impact coding professions, affecting entry-level roles. Machines can replicate measurable aspects of expertise, not judgment. AI’s impact on coding will be uneven, with some areas automated faster. AI excels at automating established practices but struggles with novel domains. Human cognition was a traditional constraint, now challenged by AI. Institutions designed around scarce intelligence need reevaluation.…