Allbirds Pivots to AI Infrastructure as Trump’s Crypto Losers Unite & More Blockchain News!
🔥 Daily Tech News Update! 🔥
📰 Allbirds Is Getting Out of the Shoe Business and Pivoting to AI Infrastructure
👉 Allbirds, the sustainable shoe brand, is pivoting from its core business and becoming an AI infrastructure company, renaming itself Newbird AI. The move follows a decline in sales and a sale of the shoe brand to American Exchange Group. With $50 million in convertible financing, Newbird aims to buy graphics processing units (GPUs) and become a GPU-as-a-Service provider for AI startups.
📰 The Who’s Who of Trump’s Crypto Loser Bash
👉 Trump’s crypto event, “THE MOST EXCLUSIVE CRYPTO & BUSINESS CONFERENCE IN THE WORLD,” is scheduled to take place at Mar-a-Lago this weekend. The event requires a minimum investment of $512,000 in Trump’s memecoin, $Trump, with the top 29 investors securing VIP status and an exclusive luncheon with the president.
📰 Coinbase backer Blockchain Capital hunts $700 million for new funds
👉 Blockchain Capital is raising $700 million for two new funds, its seventh early-stage fund and second growth fund. The venture capital company, which has previously raised around $1 billion for crypto investments, aims to complete the funding in five to six months.
📰 Circle future-proofs Arc blockchain against quantum threats
👉 Circle’s Layer-1 blockchain Arc will debut with quantum-resistant features to prevent attacks from future quantum computers. The blockchain will introduce a post-quantum signature scheme at mainnet launch, enabling users to create wallets that can’t be broken by quantum computers. This ensures long-term security and protection of crypto assets in wallets.
📰 EtherRAT Distribution Spoofing Administrative Tools via GitHub Facades
👉 Atos Threat Research Center detected a sophisticated malicious campaign targeting enterprise administrators and security analysts in March 2026. The operation spoofs administrative tools by integrating Search Engine Order poisoning, GitHub distribution architecture, and decentralized blockchain-based command-and-control resolving to maintain high resilience.
#allbirds #newbirdai #aiinfrastructure #gpu-as-a-service #trumpcrypto #memecoin #blockchaincapital #circlearc #quantum-resistant #etherRATdistribution