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Crypto

Foundation bitcoin hardware wallet raises $6.4 million, expands to AI agent authentication

Bitcoin hardware wallet maker Foundation raised $6.4 million in a funding round led by Fulgur Ventures. The company plans to expand beyond bitcoin self-custody wallets into identity authentication, two-factor authentication and approvals for AI agents. Foundation has started selling its flagship device, Passport Prime, which combines a bitcoin hardware wallet with FIDO security key and encrypted storage. It is made in the United States and designed to require human approval for sensitive tasks.

AI & Enterprise

AI authorship questions hit Commonwealth short story prize winner, raising literary world alarm

Suspicions that an award-winning short story may have been written with AI have fuelled debate over how literary prizes and publishers can respond. A story by Zamir Nazir published by Granta drew scrutiny for resembling large language model prose. Officials said entrants confirm works are original and finalists denied using AI for drafts, but acknowledged reliable tools are lacking. Granta’s publisher said a chatbot response could not provide certainty. Similar disputes have emerged in publishing and detection tools have shown limits.

Crypto

Pump.fun accounts for more than a third of Solana Q1 revenue despite memecoin slowdown

Memecoin platform Pump.fun posted $124.7 million in first-quarter revenue, keeping its position as the top-grossing app in the Solana ecosystem. The figure was more than a third of Solana’s total app revenue of $342.2 million in the quarter. Pump.fun revenue rose 17 percent from the previous quarter even as memecoin activity slowed. Messari said Pump.fun’s core business remained solid and cited growth in launchpad, trading and tokenised real-world assets.