Trump Announces Science Council with Tech Industry Heavyweights

President Trump has announced the formation of his President's Council of Advisors on Science and Technology (PCAST), which includes notable figures from the tech industry. The council will advise the President on AI and emerging technologies, with a focus on keeping the US ahead of global competitors and ensuring that all Americans thrive in the 'Golden Age of Innovation'. Key members of the council include Jensen Huang, Mark Zuckerberg, Sergey Brin, Larry Ellison, and Lisa Su, among others.

Whop, an e-commerce platform processing $3 billion in annual payouts across 144 countries, has launched a new treasury product. Whop Treasury offers up to 6% APY on idle balances, with real-time accrual, no minimums, and instant withdrawals. This initiative is notable as it brings DeFi infrastructure to users who may not be familiar with the concept.

Google has set a deadline of 2029 for transitioning its entire infrastructure to post-quantum cryptography, citing the growing threat from quantum computers. IBM also aims to achieve fault-tolerant quantum systems by the same year. Bitcoin developers are aware of this risk and have been working on mitigating it through BIP 360, a quantum-resistant address format.

Bitcoin ETFs saw significant inflows in recent days, with nearly $2.5 billion pulled in over the past month. This is seen as an indication of resilience from institutional investors despite various headwinds and market volatility.