Tech giants tighten their grip as Bitmine accumulates 4% of all Ether while Meta's AI expansion stalls over fiber installation shortages. A legendary VC declares the venture model broken. BIS reclassifies stablecoins as ETFs, and Victory Giant raises $2.6B supplying Nvidia's infrastructure boom.
Tuesday, April 21, 2026 — 580 words / ~3.9 min
Today's Top Stories:
- Bitmine Now Controls 4% of All Ether in Existence
- Meta Can't Build AI Fast Enough Because Nobody Knows How to Lay Fiber
- Former Kleiner Perkins Partner Who Closed Google's Series A Now Says VC Model Is Broken
- BIS Declares Stablecoins Are ETFs, Not Money
- Victory Giant Raises $2.6B Selling Nvidia the Shovels for AI Gold Rush