Mike Colyer, founder and CEO of Bitcoin mining pool operator Foundry, has stepped down after seven years in the role.

According to TASS, Anatoly Tsarev, deputy chairman and board member of Russia's Sberbank (Sber), said the bank has observed significant interest in cryptocurrencies among its customers.

According to TradingBeats' monitoring, "Maji" (Huang Licheng, wallet address 0x020c) currently holds a long position of approximately 36,200 ETH with 25x full-position leverage, worth around $92.88 million at an average entry price of $2,646.1, with an unrealized loss of roughly $2.828 million. ETH is currently trading at approximately $2,568. Maji’s liquidation price stands at $2,508.2, a gap of about $59.7; a further ~2.3% drop in ETH would trigger his estimated liquidation line. Other long positions also face near-term risks. One trader holding a 20x full-position long ETH position worth ~$2.362 million, with an average entry price of $2,774.1 and liquidation price of $2,541.5, is about 1.0% away from the current price (wallet address 0xf25a). Two other 25x full-position long ETH traders hold positions worth ~$9.581 million and ~$2.096 million respectively, with average entry prices of $2,575.7 and $2,575.1, and have set full-position stop-loss orders at $2,523 (wallet addresses 0x634f, 0xa516). The two stop-loss orders collectively cover approximately 4,547.2 ETH, worth ~$11.473 million at the trigger price, with the stop-loss level about 1.8% lower than the current price.

Beating AI News Flash: Ghostty creator Mitchell Hashimoto has recently proposed a new terminal state protocol, OSC 7501. The protocol enables programs to proactively notify terminals of their current status—whether working, waiting for user input, completed, or errored—eliminating the need for terminals to infer status from screen content. Rex already has preliminary support, and open-source coding agent Pi has officially integrated OSC 7501 in its v1.1.0 release. On launch, Pi first checks if the terminal supports OSC 7501, sending status updates only if support is confirmed. The agent reports "working" when running or compressing context, "blocked" when requiring user input for dialogs or login, "done" on task completion, "error" for unretryable failures, and reverts to "idle" after a user-initiated cancellation. Pi does not send prompts or model outputs to the terminal; status messages only include necessary details such as session names, dialog titles, or error summaries.

Hyperliquid founder Jeff Yan, during an interview on the Empire Podcast at DAS 2026 Asia, was asked: "If you were a builder and no longer allowed to work on infrastructure, what would you build?" Yan responded: "I’d look around to identify unbuilt projects with real potential, depending on what other builders are working on. Right now, I might explore options, since many people I’ve spoken with want to trade them. Perpetual contracts largely meet the needs of most users, but some traders note they can’t fully express all their market views using perpetuals. I believe HIP-4 offers a very clear framework for building an options protocol: it can inherit spot markets, order books, and portfolio margin; for market makers, perpetual contracts are available to hedge option delta. The key is turning that component into something widely appealing. I don’t think any option or convexity yield-style product in crypto has truly reached escape velocity, though it’s clearly achieved that in traditional finance."

A whale who bought 257,928 $HYPE($902K at the time) at only $3.5 ~2 years ago is selling $HYPE for profit. Over the past week, he deposited 131,421 $HYPE ($11.77M) into #Kraken at $89.56 and still holds 140,506 $HYPE ($12.2M). Total profit: over $23M, with a 26x return.

Beating AI Express News: Ghostty creator Mitchell Hashimoto has announced scalability tests for his new terminal, Rex. Designed for long-lived sessions and remote connections, Rex allows terminal tasks to run continuously in the background. During the test, Rex maintained 10,000 active terminal sessions simultaneously, consuming approximately 3.8GB of memory while remaining responsive. The team has paused further scaling for now, with the next target being 100,000 sessions. At the 10,000-session mark, much of the overhead no longer stemmed from the terminal itself. The first bottleneck came from Linux’s file descriptor table, the system’s record of files and connections opened by processes. After terminal sessions exceeded around 5,000, each new process added roughly 512KB of overhead for this table alone, even though only about 4 file descriptors were actually used. Rex has since added a segment of C code to shrink this allocated space to the actual required size. Another issue was threads: Previously, Rex assigned one thread per active terminal session to wait for data, leading to excessive memory overhead at scale. Now, if a terminal has no read activity for 2 consecutive seconds, it is handed over to a shared thread for unified monitoring.