Welcome to Tech Beat, your daily read on the technology stories that matter.
On the Solana network, a governance proposal is pushing for a dramatic expansion of SOL token burns — from roughly forty-seven thousand dollars a day to six hundred fifty thousand. The plan bundles a fee structure overhaul with a doubling of the disinflation rate, but it needs forty million more SOL in validator support within two weeks just to reach a formal vote.
Shifting to the broader crypto market, Bitcoin is approaching sixty-four thousand dollars, up nearly two percent over the past twenty-four hours. Almost every major token is posting weekly gains, with ether as the notable exception. Meanwhile, Asian equity markets are pulling back on jitters around the AI trade, suggesting investors are beginning to sort their bets more carefully.
And in a story about the economics of AI security tools, Cloudflare has largely moved away from third-party security software, leaning instead on automation built around Anthropic's Claude Sonnet model. The company's chief security officer revealed they're running bug bounty triage for just fifty-eight dollars a month — compared to the two hundred thousand a month a more specialized AI model would have cost. That is a number that will get attention in a lot of boardrooms.
Keep surfing. Tech Beat out.
