Innovation Insider - March 12, 2025

The Strategic Bitcoin Reserve

Well, it happened. In what might be one of the most unexpected moves of the week, in a week full of unexpected moves, President Trump signed an executive order establishing the Strategic Bitcoin Reserve. Yes, that's correct. An executive order that now allows the U.S. government to hold Bitcoin as part of its official reserves. In case you missed it, this is the digital gold rush coming to Washington and a landmark moment for Bitcoin.

This new initiative raises some interesting questions: Is this the beginning of the end for traditional currency? Will Bitcoin finally get the mainstream recognition some say it deserves? Or is this just a flashy, marketing move that gets headlines but doesn’t really change the way we exchange value? In an apparently "sell the news event", having the U.S. government signify that Bitcoin is the equivalent to digital gold in the eyes of the government feels like the ultimate validation for Bitcoin.

Of course, there are a few wrinkles to iron out. How exactly will the government store and secure a digital asset like Bitcoin? How much Bitcoin does the government even have? Will it be possible for the government to add to it's Bitcoin reserves in budget neutral ways?

On last week's episode of the All-In Pod, David Sachs explained how the government differentiates and views bitcoin compared to other coins in the crypto space as well as the steps for how they are establishing the reserve and how they hope to add to it. Check out the clip below:

In the meantime, while we’re all trying to wrap our heads around the idea of Uncle Sam holding Bitcoin in his digital wallet, one thing’s for sure: this bill is a game changer. Whether you’re a Bitcoin skeptic or a true believer, this move is sure to stir the pot in both the tech and financial sectors.

Spend Less Time Hiring, More Time Building. Hire With Confidence Through DoneStreet.

Let’s jump into this week’s highlights.

News

Magnificent 7 stocks lose $1.5T in what might be ‘textbook correction’

The group of tech giants – Tesla, Nvidia, Alphabet, Meta, Amazon, Apple and Microsoft – have shed more than $1.5 trillion off their combined valuation since the start of 2025 after enjoying huge g…

New York PostTaylor Herzlich

DeepSeek Wants to Avoid Investors and Outside Influence

Founder Liang Wenfeng is cautious about government-linked investors, sources say, he’s concerned about the appearance of Beijing influence over Deepseek.

Tech.coAdam Rowe

The AI data center boom will create new jobs. Most won’t be at Amazon, Microsoft, Google, or Meta.

Data centers contributed 4.7 million jobs to the US economy between 2017 and 2023, a PwC study found. Most of them aren’t direct tech jobs.

Business InsiderEllen Thomas

Relativity names Eric Schmidt as CEO as it updates Terran R development

The former CEO of Google is taking a stake in, and becoming CEO of, Relativity Space as that launch vehicle company advances work on its Terran R rocket.

SpaceNewsJeff Foust

Not Science Fiction: Paralyzed Man Controls Robotic Arm Using Only His Thoughts

newly developed artificial intelligence can adapt to brain changes during learning, allowing individuals with paralysis to control and move objects. Researchers at UC San Francisco have enabled a paralyzed man to control a robotic arm using a device that transmits signals from his brain to a comp

SciTechDailyUniversity of California - San Francisco

This Game Created by AI ‘Vibe Coding’ Makes $50,000 a Month. Yours Probably Won’t

fly.pieter.com was initially made in just 30 minutes with AI tools and is now generating thousands of dollars a month. The future of AI-assisted game development will not be that simple.

404 MediaEmanuel Maiberg

OpenAI Bets Big on CoreWeave in a Five-Year $11.9B Cloud Deal

OpenAI has inked a colossal $11.9 billion deal with CoreWeave, strengthening its AI infrastructure with a massive boost in GPU capacity. This strategic move diversifies OpenAI’s compute resources as they deepen their investment in AI development.

OpenToolsMackenzie Ferguson

Trump Reveals There Are Four Groups That Could Buy TikTok

The fate of TikTok hangs in the balance as the Biden-era legislation — requiring owner ByteDance to sell the platform — enters a critical phase under the Trump administration.

ForbesEsat Dedezade

Developer Profiles of the Week

Please email us at hiring@donestreet.com to learn more about these talented developers and how you can bring them onto your team.

Paulo is a strong backend developer with experience in a variety of areas such as NodeJS, TypeScript, ReactJS, and VueJS. Paulo also has experience with Serverless for AWS deployments. Paulo also has an understanding of databases like PostgreSQL, DynamoDB, MySQL and SQL Server. Paulo is based in Brazil.

Marcus is a full stack React / NodeJS dev who has experience with MongoDB, MySQL and RDS. Marcus has over 10 years of experience and is equally strong on both the backend and frontend. Marcus would be a great addition to a team in need of a fullstack engineer who also has some DevOps and CI/CD experience. Marcus is also based in Brazil.

Engineering and Security

What’s Missing With AI-Generated Code? Refactoring

A GitClear study found AI-generated code rife with duplication, indicating productivity gains could disappear amid the growing use of coding assistants.

The New StackSteve Fenton

GitLab Launches Support for Self-Hosted AI Platforms

On February 20, 2025, GitLab released version 17.9, which introduced improvements aimed at enhancing user experience and functionality. A highlight of this release is the general availability of GitLab Duo Self-Hosted, enabling organizations to deploy large language models (LLMs) within their infrastructure.

InfoQCraig Risi

Two reinforcement learning researchers receive 2024 ACM A.M. Turing Award - SD Times

Andrew G. Barto and Richard S. Sutton have been named as the recipients of the 2024 ACM A.M. Turing Award for their contributions to the field.

SD TimesJenna Barron

Can You Trust AI To Be Your Data Analyst?

Just like fake news risks democracy, running agents on the wrong data can erode trust in any data-driven result.

The New StackSarah Levy

New platform helps evaluate AI for complex computer use

Imagine asking AI to plan your trip itinerary, book and pay for all your flights, and arrange your airport transport—all within a single click. Fortunately, an international research team is making this vision a reality.

Tech XploreMayuri Punithan

Keeping your decentralized workforce better protected from security risks - SD Times

Maintaining network integrity and ensuring data security and compliance has become much more nuanced, especially when employees are working outside secured locations.

SD TimesNazy Fouladirad

HR Notice

Will the US Labor Market Rebound in 2025?

With wage gains stabilizing, unemployment low, and health care continuing to drive job creation, how will recent policy shifts impact the labor market?

My AccountRoy Maurer

SalaryIQ Goes Global, Delivering Real-Time Competitive Intelligence in More than 30 Countries

Salary.com announced that SalaryIQ provides real-time compensation intelligence in more than 30 countries. SalaryIQ is award-winning solution

TecHRGlobeNewswire

Electives Launches AI Simulations - HRTech Cube

Electives, the modern learning platform for lean People teams, is revolutionizing workplace training with the launch of AI Simulations, an interactive and scalable way for employees—especially managers—to practice and refine today’s most essential leadership skills. HR leaders know that soft skills are make-or-break for managers and ineffective leadership remains a top driver of employee disengagement

HRTech Cube -PRNewswire

Funding

Sola emerges from stealth with $30M to build the ‘Stripe for security’ | TechCrunch

Enterprises these days can choose from hundreds of apps and services available to secure their networks, data, and assets — nearly as many more to help

TechCrunchIngrid Lunden

The Week’s Biggest Funding Rounds: AI And Defense Tech Lead With Massive Rounds

Artificial intelligence and defense were the key buzz words of the week in the venture world. Three startups in those sectors raised massive rounds, however, there were big rounds elsewhere too — including biotech, healthcare and robotics.

Crunchbase NewsChris Metinko

Hinge Health Files for IPO to Raise $500M, First Digital Health IPO in 3 Years | DeepNewz

Hinge Health, a digital physical therapy company specializing in musculoskeletal care, has filed for an initial public offering (IPO) with plans to list on the New York Stock Exchange under the ticker symbol ‘HNGE’. The company aims to raise an estimated $500 million through the IPO, marking it as the first digital…

DeepNewzDeepNewz

Exclusive: BaaS startup Synctera raises $15M, signs Bolt as a customer

The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn’t stopped BaaS startup Synctera from raising another $15 million

TechCrunchMary Ann Azevedo

Acquisitions / Mergers

Rocket Companies to Acquire Redfin, Accelerating Purchase Mortgage Strategy

Most-visited real estate brokerage website joins with largest mortgage lender Connects Redfin’s nearly 50 million monthly visitors to Rocket’s……

Redfin Corporation

ServiceNow’s (NOW) $2.85B Moveworks Deal Sparks Mixed Analyst Reactions

Software company ServiceNow (NOW) announced its largest acquisition to date, agreeing to purchase AI startup Moveworks for $2.85 billion in a ca…

markets.businessinsider.comTipranks

Resource of the week

Obscura VPN | Privacy that’s more than a promise

Available for Mac. Download today.

Obscura

Meet Obscura: the first VPN that can’t log your activity and outsmarts internet censorship. Traditional VPNs see your identity and your browsing history. Obscura only sees your IP address and never your browsing historyObscura never sees your traffic Obscura’s servers relay your connection to exit servers but can never decrypt your traffic. Your traffic is always end-to-end encrypted via WireGuard® to the exit server.

Book Recommendation of the Week

The Five Types of Wealth by Sahil Bloom explores the concept that true wealth goes beyond money, focusing on five key areas: financial, intellectual, physical, social, and spiritual wealth. The book emphasizes the importance of balancing these types to create a fulfilling, prosperous life. It encourages readers to cultivate each aspect, understanding that real success comes from growth in all these dimensions, not just financial accumulation. Through this holistic approach, individuals can achieve lasting well-being and personal fulfillment.

This Day in History

FDR broadcasts first ‘fireside chat’ during the Great Depression | March 12, 1933 | HISTORY

Just eight days after his inauguration, President Franklin D. Roosevelt gives his first national radio address—or “fireside chat”—broadcast directly from the White House.

HISTORYMissy Sullivan

We hope you have found value in this newsletter. If you have not yet subscribed, please hit the subscribe button and let us know what types of content you’d like to see more of in the future.

Spend Less Time Hiring, More Time Building. Hire With Confidence Through DoneStreet.

Thanks for reading Innovation Insider - Presented by DoneStreet! Subscribe for free to receive new posts and updates.