US Senators Bill Cassidy and Cynthia Lummis Introduce the Mined in America Act

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April 2, 2026

U.S. Senators Bill Cassidy and Cynthia Lummis have introduced the Mined in America Act. The bill aims to strengthen U.S. control over Bitcoin mining infrastructure by reducing reliance on hardware from foreign adversaries and to formally codify President Trump’s earlier executive order establishing a Strategic Bitcoin Reserve into law.

The Department of Commerce would create a certification program for crypto mining facilities and mining pools. Certified operations would need to phase out mining hardware linked to foreign adversaries, with a full transition expected by the end of the decade. Certification would provide access to certain federal programs and support.

Support for Domestic Manufacturing

The bill directs the National Institute of Standards and Technology (NIST) and the Manufacturing Extension Partnership to assist U.S. companies in developing more secure, energy-efficient crypto mining equipment made onshore. It would place the reserve on a statutory basis rather than relying solely on executive action. Some reports mention mechanisms allowing certified U.S. miners to sell newly mined Bitcoin directly to the reserve in exchange for capital gains tax relief, creating a potential budget-neutral way to grow holdings.

Proponents highlight that the U.S. controls roughly 38% of global Bitcoin hash rate, yet ~97% of the hardware comes from China—creating a supply-chain vulnerability they argue is a liability for critical digital infrastructure. This legislation builds on the Trump administration’s pro-crypto stance and Lummis’s long-standing advocacy for Bitcoin.

It treats Bitcoin mining as strategic infrastructure rather than purely a private industry matter, combining industrial policy, supply-chain security, and monetary strategy. Bitcoin advocates such as the Satoshi Action Fund have welcomed the focus on reducing foreign hardware dependence, while the voluntary nature of the certification and incentives rather than outright bans may make it more palatable to the industry.

Mining companies have increasingly pivoted toward AI/high-performance computing to diversify revenue, which could intersect with efforts to build advanced domestic hardware. The bill is still in its early stages—it has been introduced but not yet passed. Its prospects will depend on broader congressional support, budget considerations, and the evolving regulatory environment for crypto.

In short, the Mined in America Act represents an attempt to onshore key parts of the Bitcoin ecosystem—both the physical mining hardware supply chain and the policy framework for holding Bitcoin at the federal level—while addressing perceived national security risks in a sector that has grown strategically important. Whether it becomes law and how effectively it reshapes global mining dynamics remains to be seen.

The Strategic Bitcoin Reserve (SBR) is a U.S. government initiative to treat Bitcoin as a national strategic reserve asset, similar to how gold or foreign currency reserves function in traditional finance. It was formally established via executive action and is now the subject of legislative efforts to make it permanent.

The SBR is dedicated exclusively to Bitcoin (BTC). The Digital Asset Stockpile holds other cryptocurrencies seized by the government. The policy rationale frames Bitcoin as a scarce, decentralized store of value that can support U.S. economic and strategic objectives without imposing new costs on taxpayers.

The reserve starts with existing government-held Bitcoin obtained through criminal and civil asset forfeiture proceedings not taxpayer-funded purchases. Agencies must review and transfer eligible BTC to the Treasury-managed reserve where legally possible. Bitcoin already in the reserve cannot be sold; it is to be held long-term as a reserve asset.

Estimates of initial holdings have varied, often cited around 200,000 BTC at the time of the order with some later public estimates ranging higher, up to ~325,000–328,000 BTC depending on the source and date. Exact figures depend on ongoing accounting and transfers across agencies. A full accounting of all federal digital asset holdings was required within 30 days of the order.

No sales of reserve BTC: Once deposited, Bitcoin is treated as a permanent strategic holding rather than inventory to be auctioned. The Secretaries of Treasury and Commerce are directed to explore ways to acquire additional Bitcoin without new taxpayer costs. The EO does not detail specific mechanisms leaving room for creative, revenue-neutral approaches.

The Department of the Treasury establishes a dedicated office for custody and management of the reserve accounts. Non-Bitcoin seized crypto goes into the Digital Asset Stockpile, where the Treasury has more flexibility in stewardship including potential sales under certain conditions, subject to law. The EO also required a 60-day evaluation of legal, investment, and custodial considerations, including any need for future legislation.

The executive order created the framework and directed initial steps, but full operationalization has faced hurdles. Reports indicate that certain legal authorizations for specialized custodial accounts require congressional action, causing delays a year after signing. Some discussions have pointed to potential inclusion in broader legislation in 2026.

The reserve exists in policy but its scale and mechanics continue to evolve pending further implementation or legislation. Senators Bill Cassidy (R-LA) and Cynthia Lummis (R-WY) introduced the Mined in America Act, which includes a provision to codify the Strategic Bitcoin Reserve into statute. This would move it from executive authority to law, placing it formally within the Department of the Treasury and providing greater permanence.

The bill also ties into broader efforts to support domestic Bitcoin mining as strategic infrastructure. Earlier related proposals, such as Senator Lummis’s BITCOIN Act, sought similar goals, including mechanisms to grow holdings sometimes discussed in the context of aiming for ~1 million BTC or ~5% of total supply to parallel U.S. gold reserves.

Proponents view the reserve as a way to position the U.S. as a leader in digital assets, hedge against currency debasement, and avoid past practices of selling seized BTC at a perceived loss to taxpayers. No direct taxpayer burden: Emphasis remains on using forfeited assets and neutral strategies only.

Ripple Prime Expands Integration with HIP-3 Suite Allowing Seamless Access to On-chain Perpetual Contracts

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Paul Ugbede Godwin

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April 2, 2026

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Ripple Prime, Ripple’s institutional prime brokerage platform, has expanded its integration with the decentralized derivatives exchange Hyperliquid to now include HIP-3 symbols.

This update, according to Ripple Prime CEO Mike Higgins, gives institutional clients seamless, 24/7 on-chain access to perpetual contracts (perps) for traditional commodities and real-world assets (RWAs), specifically gold, silver, and oil. Ripple Prime first added support for Hyperliquid in early February 2026.

That initial integration focused on on-chain crypto perpetuals including XRP, BTC, and ETH perps and allowed institutions to access Hyperliquid’s deep liquidity while managing risk and margining centrally across Ripple Prime’s broader suite of assets (digital assets, FX, fixed income, OTC swaps, etc.). Hyperliquid was Ripple’s first DeFi venue integrated into its prime brokerage.

The new expansion specifically adds HIP-3 support. HIP-3 is Hyperliquid’s upgrade that enables permissionless creation of perpetual markets for a wide range of tokenized assets, including stocks, commodities, and other RWAs. It has driven significant growth on the platform.

Impact and Market Stats for HIP-3

Recent figures show HIP-3 products accounting for: ~39–40% of Hyperliquid’s total daily trading volume, ~28% of total open interest. On the day of the announcement, HIP-3 saw daily volume spike to around $2.30 billion, with open interest nearing $2 billion. Commodities like oil have shown particularly strong activity, with WTI-linked open interest approaching hundreds of millions during volatile periods.

This move further positions Hyperliquid as an everything exchange bridging crypto-native and traditional finance exposures on-chain. One unified platform and counterparty relationship for trading crypto perps alongside tokenized commodity perps, with cross-margining and consolidated risk management. It lowers operational friction for TradFi players seeking DeFi-style 24/7 access to gold, silver, oil, etc.

Boosts institutional inflows and liquidity in its HIP-3 ecosystem, which has grown rapidly since activation in late 2025. This is part of Ripple’s push to connect traditional finance infrastructure with decentralized markets, building on Ripple Prime’s role as a bridge. This is a concrete step in institutional adoption of on-chain perpetuals for real-world assets, making tokenized commodity trading more accessible within a regulated prime brokerage framework.

The tokenized Real World Assets (RWA) market has experienced explosive growth entering 2026, shifting from experimental pilots in prior years to meaningful institutional adoption and on-chain liquidity. As of early-to-mid 2026, on-chain tokenized RWAs excluding stablecoins stand at approximately $19–36 billion, with some dashboards reporting figures around $24–27 billion following a roughly 266% surge throughout 2025.

This expansion reflects broader trends in bridging traditional finance with blockchain, including yield-bearing instruments, fractional ownership, and 24/7 trading access. Tokenized U.S. Treasuries dominate as the largest category, reaching ~$8.7–9.6 billion with some reports citing up to $12 billion recently.

Growth in this segment has been strong, around 120–127% YoY, driven by products like BlackRock’s BUIDL fund ($1.7 billion AUM) and offerings from Ondo, Franklin Templeton, and others for on-chain cash management and collateral. Tokenized commodities have surged, with total value around $7 billion, where gold accounts for roughly 70%.

Tokenized gold itself saw periods of 227% growth amid price volatility. Private credit and other yield-generating assets form another fast-growing segment, often cited in the high single-digit to low tens of billions when including broader representations. Broader projections vary by scope: estimates range from $100 billion+ potential by end-2026 to multi-trillion long-term forecasts.

Note that represented asset value can appear much higher depending on whether it counts underlying notional or only distributed on-chain tokens. Traditional players like BlackRock, banks like BNY/Citi, and prime brokerages are moving beyond pilots. Tokenization is becoming core infrastructure for efficiency, transparency, and global access.

Ripple Prime’s recent Hyperliquid integration for HIP-3 markets; enabling institutional 24/7 perps on gold, silver, oil, etc. exemplifies this bridge, boosting liquidity in tokenized commodities. RWAs offer real yield via Treasuries, money market funds, and private credit. This has proven resilient amid crypto volatility, attracting institutions seeking stable, on-chain collateral and cash management.

HIP-3 on Hyperliquid has driven massive activity in tokenized commodity perps, with open interest hitting ~$1.7–2 billion and daily volumes spiking to $2.3 billion representing ~39–40% of Hyperliquid’s total volume in recent periods. Oil and precious metals have led, often outpacing crypto-native pairs due to 24/7 access and geopolitical and macro drivers.

Other areas include tokenized stocks/equities, real estate still smaller but scaling from pilots, ESG/green assets, and infrastructure. Emphasis is shifting from issuance to trading volume and price discovery. Platforms like Hyperliquid, Ondo, and others facilitate this. However, fragmentation across chains, interoperability issues, and limited secondary liquidity in some segments create friction.

Register for Tekedia AI Lab, Next Edition Begins June 6

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Ndubuisi Ekekwe

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April 2, 2026

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We are excited to announce that Tekedia Institute has opened registration for the next edition of Tekedia AI Lab: from Technical Design to Deployment. In this program, you will learn how to build AI agents such as WinSupport, WinJob, WinLearn, etc. You will also master how to deploy such in your personal domain like mywebsite.com.

Tekedia AI Lab: From Technical Design to Deploymentis a hands-on program designed to empower learners with the practical skills needed to design, develop, and deploy AI systems and agents. Moving beyond theoretical concepts, the AI Lab focuses squarely on tangible implementation, ensuring participants gain real-world experience in bringing AI innovations to life. It has four-Saturday practical Zoom sessions and an 8-week business component running simultaneously.

Program Date: Next edition begins June 6, 2026

It has four Saturday practical Zoom sessions and an 8-week business component running simultaneously.

The Live Zoom sessions are held on Saturdays at 3-6pm WAT, on four Saturdays from June 6, 2026 to June 27, 2026.

How To Register and Pay

The cost is $500 or N350,000 and you can pay at the program website here. We support Naira bank transfer, PayPal, Stripe, Zelle, etc.

In this program, we will teach how you can deploy agents on your local computer; such will include:

AI chatbot
Web SEO keyword & title page analyzer
Structured data classifier
Web content summarizer
Essay writer and story planner

More so, Tekedia will educate you on how you can create a personal AI chatbot on your computer, and how to deploy agents in virtual private servers. Every knowledge you need to connect AI foundation models like Google Gemma 3, DeepSeek, etc to power codes your local machine and VPS environments, you will learn. No coding or programming experience is required and this is not a coding program. The full program syllabus is here.

While the AI Lab focuses on code-based, open source model framework, Tekedia AI in Business Masterclass which comes at no additional cost for registration has case studies on how to use no-code, natural language prompting to create AI agents. With our two programs, you will have the knowledge needed to thrive in this AI era.

Upon completion, we award Advanced Diploma in AI Technical Design and Deployment, and Advanced Diploma in Artificial Intelligence (AI) in Business certificates.

Flutterwave Secures Full Nigerian Banking License After 10 Years, to Accelerate Payment Efficiency

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Ojukwu Emmanuel

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April 2, 2026

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Flutterwave, Africa’s leading payments technology company, today announced that it has been granted a full Nigerian banking license by the Central Bank of Nigeria (CBN). This achievement marks a defining moment in the company’s decade-long journey to create a robust financial infrastructure for the continent.

According to Flutterwave, the license enables it to hold funds and deposits directly, strengthening its financial infrastructure across its largest market and enabling more efficient financial services and settlement flows for consumers, businesses, and enterprises.

By securing this banking license, the fintech gains greater control over how funds move within its ecosystem, including the ability to hold deposits and manage financial flows across its platform.

While Flutterwave will continue to work closely with banking partners across the broader financial ecosystem, the license enables the company to internalize key elements of its financial value chain, improving operational efficiency and supporting faster product development. This shift strengthens operational autonomy and allows Flutterwave to capture more value from the transactions processed within its ecosystem.

Speaking on securing a banking license, Flutterwave founder and CEO Olugbenga Agboola said,

“This milestone allows us to make our infrastructure more efficient and deliver faster, more reliable financial services. By operating directly within the financial system, we can streamline money movement, accelerate settlement for merchants, and build products that support sustainable long-term growth.”

The new banking license comes on the heels of Flutterwave’s acquisition of Mono, Nigeria’s pioneering open banking startup, earlier in 2026. This strategic move has significantly strengthened the company’s capabilities in account connectivity, data infrastructure, and seamless bank-linked payments.

With this license, the company is bringing that same infrastructure into a new generation of banking built for:

Consumer Financial Services: Seamless accounts, transfers, and payments for everyday users within the SendApp ecosystem.
Business Financial Tools: Accounts, payouts, payroll, and multi-currency capabilities for businesses of every size.
Enterprise Treasury Infrastructure: Tools to manage complex financial operations, treasury, and liquidity.
Digital Platforms: Embedded financial services for marketplaces and platform operators.
Developers: Programmable financial infrastructure enabling the creation of financial products through APIs.

Integrated Financial Solutions

The banking license enhances Flutterwave’s core payments business by allowing the company to optimize settlement flows and manage funds more efficiently within its ecosystem.

SendApp Users: Over a million people using SendApp will now access enhanced financial services, including personal account numbers and instant transfers, without switching apps.
Flutterwave for Business: Over 2 million businesses can now open accounts, manage payouts, run payroll, and access multi-currency capabilities.
Smart Financial Tools: Flutterwave will introduce data-driven financial services, including working capital financing and merchant lending powered by real transaction data, alongside treasury and savings products.

Founded with a vision to fix fragmented payment systems where transactions often failed, settlements were slow, and businesses had to rebuild infrastructure for every new market, Flutterwave has steadily connected the dots across Africa’s financial ecosystem.

The fintech has consistently expanded its regulatory footprint, holding over 50 licenses across more than 35 countries, making it one of the most licensed non-bank fintechs globally. To date, it has processed over $40 billion in payments and enabled more than 1 billion unique transactions.

Notably, Flutterwave continues to explore new technologies, including stablecoin-enabled settlement, to improve global payment efficiency further and connect African businesses to the global economy.

The recent banking license development, positions Flutterwave to deliver faster, smarter, and more scalable banking experiences tailored to the realities of African businesses. By combining its extensive payments network with Mono’s open banking technology and the new banking license, the company aims to reduce friction, improve trust, and unlock greater financial inclusion across the continent.

Anthropic’s Second Major Leak in Days Exposes Internal Source Code for Breakout Claude Code Tool

By

Samuel Nwite

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April 2, 2026

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Anthropic has suffered another embarrassing operational slip, confirming Tuesday that it inadvertently released a substantial chunk of internal source code for its popular AI coding assistant, Claude Code.

The exposure occurred through a source map file bundled into version 2.1.88 of the tool’s npm package, a debugging artifact that effectively unminifies the production code and maps it back to its original TypeScript structure. The file contained roughly 512,000 lines spanning about 1,900 separate modules, offering an unusually granular view into how the agentic system orchestrates complex developer tasks.

Anthropic moved quickly to yank the package from distribution. In a statement, the company stressed that “no sensitive customer data or credentials were involved or exposed.” A spokesperson described the incident as “a release packaging issue caused by human error, not a security breach,” and said the firm is already rolling out additional safeguards to prevent recurrence.

The code did not include the underlying large language model weights or training data, but it has already been mirrored widely on GitHub, where it has drawn tens of thousands of forks and stars within hours. Developers and researchers are now sifting through it for clues about unreleased capabilities, including what appears to be a Tamagotchi-style virtual pet that reacts to coding activity, references to an always-on background agent codenamed “KAIROS,” and detailed insights into the tool’s memory architecture and task-orchestration logic.

One internal comment even flagged the added complexity of a memoization technique whose performance payoff remained uncertain.

This marks Anthropic’s second high-profile data mishap in less than a week. Just days ago, thousands of unpublished internal documents, including a draft announcement for the company’s powerful next-generation model, referred to internally as both Claude Mythos and Capybara, were discovered sitting in a publicly accessible data cache.

Founded in 2021 by a group of former OpenAI executives and researchers, Anthropic has carefully cultivated an image as the more deliberate, safety-focused player in the frontier AI race. Yet these successive lapses are testing that reputation at a moment when the company is scaling rapidly and generating serious revenue.

Claude Code, rolled out to the general public last May, has become one of the breakout products in the agentic AI category. It helps developers write features, debug code, automate repetitive tasks, and even manage entire workflows.

Adoption has been explosive. By February, the tool’s annualized run-rate revenue had climbed above $2.5 billion, more than double the level at the start of the year, with enterprise and business subscriptions leading the surge. Some analysts estimate that it now accounts for a meaningful share of all public GitHub commits.

That success has, predictably, drawn intense competition. OpenAI, Google, and Elon Musk’s xAI have all accelerated work on rival coding agents, turning the space into one of the most fiercely contested battlegrounds in artificial intelligence.

The leak is particularly awkward for Anthropic because Claude Code has always been positioned as closed-source. While the exposed material does not hand over the crown jewels of the underlying model, it does provide competitors and the broader developer community with a detailed roadmap of the agent’s inner workings — how it handles context windows, maintains long-term memory, coordinates multi-step reasoning, and manages tool use.

In an industry where every incremental edge matters, that kind of visibility could shave weeks or months off rival development cycles.

The incident also highlights the growing pains of hyper-growth AI startups. Even a company that markets itself on caution and rigorous processes can stumble when shipping complex software at breakneck speed.

Enterprise customers who pay premium prices for Claude Code precisely because of its perceived reliability and security may now be asking tougher questions about internal controls.

Anthropic has built its brand on responsible development and careful deployment. These back-to-back operational slips risk undermining that narrative just as the company prepares for what could be one of the most anticipated public offerings in the AI sector.

The leaks may prove minor in the grand scheme; neither appears to have been a malicious breach. But they feed a narrative that even the most disciplined labs can be tripped up by basic execution errors in the rush to stay ahead.

Developers who pulled the affected package have been advised to switch to Anthropic’s native installer and review any locally cached repositories. In the meantime, the AI community is already dissecting the exposed code with the kind of enthusiasm usually reserved for major open-source drops.

For a company whose entire value proposition rests on trust, precision, and superior execution, Tuesday’s episode is more than a technical footnote. Anthropic now faces the task of proving these incidents are isolated growing pains rather than symptoms of something deeper.