Author: James Wilson
Over Foundation has shut down all Over Protocol infrastructure, abandoning OverWallet, nodes and explorers, and leaving block production to any validators stubborn enough to keep running. Summary Over Foundation says “insurmountable financial constraints” forced it to permanently cease operations, killing OverWallet, OverNode, OverFlex, RPC endpoints, block explorers, and public APIs with immediate effect. The Layer 1 was pitched as a way for ordinary users to run validators on personal computers, but with all foundation‑run infra offline, the chain’s survival now depends entirely on whether independent node operators keep producing blocks. The shutdown folds Over Protocol into a growing list of…
Opening arguments began April 28 in the Musk OpenAI civil trial in Oakland, with Musk’s lead attorney Steven Molo telling jurors that without Elon Musk’s $38 million in early funding and recruiting of top AI scientists, OpenAI would not exist, while Musk seeks up to $134 billion in wrongful gains to be funneled back to the company’s nonprofit arm. Summary Musk OpenAI opening arguments began April 28 with lead attorney Steven Molo urging jurors to look past their preconceptions about Musk and focus on the financial and institutional record of OpenAI’s founding. Two claims survive the trial: breach of charitable…
Travelex Bank, the first foreign exchange bank approved by Brazil’s Central Bank, is expanding its use of Ripple Payments for instant cross-border settlement, as the US Faster Payments Council separately names Ripple among the key innovators driving G20 domestic payments modernization. Summary Travelex Bank is using Ripple Payments to cut transaction costs and enable near-instant settlement for cross-border transfers, building on the On-Demand Liquidity integration first launched in August 2022. The US Faster Payments Council report identifies Ripple alongside Stellar as leading innovators within the G20’s framework for faster, cheaper, and more transparent global payments by 2030. The G20 roadmap…