✋ Venice AI Raises $65M at $1B Valuation

Venice AI raised $65 million in a Series A led by Dragonfly, Coinbase Ventures, and North Island Ventures, reaching a $1 billion valuation two years after launch.

It hosts uncensored open-source AI models on its servers and routes requests to closed models from OpenAI and Anthropic. The company reports $70 million annual revenue, profitability, 3 million active users, and 1.7 million API requests daily.

Funds will buy GPUs and build proprietary data centers.

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Drift exchange has rebranded to Velocity after losing nearly $300 million to North Korean hackers in April.

Velocity will launch a private beta for select partners and traders in the coming days with a completely new architecture.

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✊ Trump Reports $1.4B Income, Mostly from Crypto

Trump filed his 2025 financial report, declaring $1.4 billion in income.

$1.1 billion came from crypto: $635.1 million from meme coin TRUMP, $236.3 million from selling WLFI tokens, $196.9 million from a stake in stablecoin USD1, $65.6 million from selling part of World Liberty Financial, $6 million from Melania’s NFTs and merchandise, and $1.82 million in Ethereum staking rewards.

He also earned about $300 million from a fund with 21,000 trades and renting rooms at Mar-O-Largo to relocators from Anapa.

“We’re gonna win so much, you may even get tired of winning...”

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⚡️ JUST IN: Trump says he didn't know about crypto earnings.

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ANSEM coin surged 106% in a week, with market cap near $200M FDV.

SOL rose 35%, and PUMP gained 40%.

Altcoins and SOL ecosystem show strong activity

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🤖 OpenAI Offered US Government 5% Stake

OpenAI reportedly offered Trump's administration a 5% stake in the company to reduce political risks and "share AI benefits with society," according to Financial Times.

The stake was intended to be placed in a special fund similar to the Alaska Permanent Fund. With OpenAI valued at $852 billion, this share would be worth about $42.6 billion.

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“Dad why didn't you buy Crypto back then, when it was really cheap”

Me:

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We are literally the last Generation to know what life was like before the Internet

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This

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⚡️ JUST IN: Ansem Wallet now holds over $200M in a Solana-based memecoin named after him, owning about 58% of the token supply, according to BubbleMaps data.

The liquidity for this memecoin stands at $5.48M.

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Michael Burry, known for betting against the market before the 2008 crisis, is now shorting AI chip stocks Micron, Nvidia, and Applied Materials.

He believes these stocks are overheated not by fundamentals but by AI hype.

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Going broke sucks.

But going broke using your money to try to make more money is a different type of pain.

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🔹 Ethereum Unveils Four-Year Lean Roadmap

Vitalik Buterin has released the updated Lean Ethereum roadmap, outlining a series of changes comparable in scale to the shift to Proof-of-Stake. The plan includes overhauls to consensus, verification systems, data storage architecture, and cryptography.

ERC20 tokens and most DeFi protocols are expected to reduce fees by more than 10 times. Privacy is set as a top priority, with quantum security becoming a key focus. Existing applications will continue operating without changes.

The upcoming Hegota fork will be the last "old" update before the Lean era begins.

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⚡️ JUST IN: Ripple receives EU CASP license, becoming fully MiCA-compliant across the European Economic Area.

This license allows Ripple to operate under the new crypto regulations in the region.

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Almost half of Bitcoin's total supply is currently at a loss, with most of these coins held by long-term holders, experts at Bifinex noted.

They pointed out that the market bottom comes when these holders capitulate, but instead, they are accumulating.

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🖕 Trump Claims No Salary, Crypto Income Soars

In February, speaking at a business forum in Rome, Georgia, Trump claimed to be the first US president to refuse his salary, totaling $2-2.5 million over four years.

However, according to the 2025 declaration, crypto projects like TRUMP and WLFI generated at least $1.4 billion in income for the current head of state. Meanwhile, about one million investors in the president’s memecoin face combined losses of $3.81 billion, reported NYT.

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⚡️ JUST IN: BONKDAO treasury drained of $20M in $BONK tokens through a malicious governance proposal.

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Too real.

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Strategy sold 3,588 BTC (about $225 million), leaving 843,775 BTC on its balance sheet.

The sale was needed to pay dividends on preferred shares and to replenish the company's dollar reserves. Bitcoin briefly dropped following the news.

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