News
Bitcoin speeds towards race car sponsorship
Bitcoin has achieved many firsts in its short history, a sponsored race car wasn’t on the list, until now.
The 105th running of the Indianapolis 500 featured a Bitcoin sponsored racing car in a world first.
Crossover between sport and cryptocurrency
Renowned Bitcoin podcaster Stephan Livera approves of the Bitcoin race car design but points to a building phenomenon: the crossover between sports, athletes and cryptocurrency.
“I think it’s all about the story, there’s a social element as well. People look at what celebrities and sports stars are doing,”
“I think it’s really cool how they’ve styled the car, and they’ve really gone all out” Livera added.
Because the Bitcoin logo isn’t under any copyright laws, team owner Ed Carpenter was free to go his hardest.
“I really believe that it’s the future of a lot of what our financial system is going to look like” Carpenter said.
Bitcoin car comes 8th in the race
Dutch driver Rinus Veekay looked set for victory but couldn’t find the right track position before coming home in a solid 8th place.
Could you imagine what a victory for the Bitcoin race car would do to the price?
The BTC logo was everywhere. Veekay’s fire suit was covered as were the uniforms worn by the team’s pit crew.
Also adorning the car was the number 21 to signify the total supply of BTC, being 21 million.
Not your ordinary sponsor
Strike Founder and CEO Jack Mallers was a key player in sponsoring the Bitcoin race car, and his vision offered something outside the traditional sponsor setup.
Mallers could hardly be accused of understatement when he said Carpenter “is racing for human freedom, financial literacy, financial inclusivity, and is using the platform he’s earned throughout his career to promote the most powerful message possible in pushing forward.”
So the biggest car race in America is added to a rapidly growing list combining digital currencies and sports.
Does crypto have a place in racing?
In March, Major League Baseball’s Oakland A’s announced they’ll accept Bitcoin as payment for season suites. This followed the NBA’s Sacramento King’s also allowing players and staff a bitcoin payment option.
NFL stars Tom Brady, Saquon Barkley and Russell Okung have all publicised their interest.
The growth in this space appears only heading in one direction.
Perhaps Carpenter best encapsulated the mood “We want to kiss the bricks, drink the milk, then watch Bitcoin race past $100k!”
News
Coalition cracks deepen as Nationals break ranks over Labor reforms
Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.
Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.
A rift has emerged in the Coalition after three Nationals senators crossed the floor to vote against Labor’s post-Bondi hate group reforms, defying party lines and raising questions about their future in the shadow cabinet.
Their proposed amendment calling for greater scrutiny was rejected, and Labor’s legislation passed the Senate 38 votes to 22, cementing the reforms into law despite opposition pushback.
Coalition leadership will meet Wednesday to assess the political fallout, though some MPs consider the issue minor in terms of potential resignations. The incident highlights growing tensions within the party as internal discipline comes under pressure.
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News
Trump escalates Greenland rhetoric as Davos leaders push back on sovereignty
Trump claims U.S. alone can ensure Arctic peace, sparking backlash as Greenland’s sovereignty faces geopolitical tensions at Davos.
Trump claims U.S. alone can ensure Arctic peace, sparking backlash as Greenland’s sovereignty faces geopolitical tensions at Davos.
President Trump has intensified his remarks over Greenland, claiming the U.S. is the only nation capable of ensuring peace in the Arctic, sparking sharp pushback from European leaders. His rhetoric, including hints at potential tariffs, comes as international attention turns to the strategic territory.
The debate has dominated discussions at the World Economic Forum in Davos, Switzerland, where Trump confirmed plans to meet regarding Greenland following a positive conversation with NATO Secretary General Mark Rutte. Meanwhile, Greenland’s leadership has warned that the territory must be ready for potential military scenarios.
Canada’s Prime Minister Mark Carney also weighed in from Davos, drawing a firm line on sovereignty, declaring Greenland’s independence non-negotiable. The unfolding standoff highlights rising geopolitical tensions in the Arctic, with global powers increasingly staking their claims.
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News
OpenAI prepares first consumer device amid revenue boom
OpenAI plans to launch a screenless smart speaker by late 2026, shifting focus to hardware amid significant revenue growth.
OpenAI plans to launch a screenless smart speaker by late 2026, shifting focus to hardware amid significant revenue growth.
OpenAI is gearing up to launch its first-ever consumer hardware device in late 2026. The product is expected to be a screenless smart speaker, signalling the tech giant’s move beyond software and into the world of physical devices.
The device comes after OpenAI acquired a promising hardware startup to accelerate development.
The company is also pushing a strategy to strengthen domestic manufacturing, working closely with U.S. manufacturers to secure efficient production of essential components.
Despite the progress, technical hurdles remain, especially around the device’s listening capabilities, which could delay the rollout.
This development comes on the heels of OpenAI reporting an annualised revenue of over $20 billion in 2025, representing a staggering 233% increase from the previous year. The combination of massive revenue growth and expansion into hardware marks a new era for the AI pioneer.
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