How This Crypto Hedge Fund Nailed the Trump Trade
Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Trump would win despite concerning polls.
Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Trump would win despite concerning polls.
Photo by James Bareham / The Verge These days, we are all dealing with huge amounts of information, from meeting notes to social media, to photos and videos, to whatever else we’ve collected — and we are all trying to find some way to store it, organize it, and find it when we need it. … Read more
The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.
A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval.
The crypto-friendly, bipartisan market structure bill was good enough under a Biden regime. Now things have changed, sources say.
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”
Image: OpenAI On Wednesday, OpenAI CEO Sam Altman posted a simple URL on X: chat.com. It automatically routes to OpenAI’s popular chatbot, ChatGPT. Prior to this, the domain was owned by Dharmesh Shah, the founder and CTO of HubSpot. In early 2023, Shah purchased the chat.com domain for $10 million. However, just a few months … Read more
The Federal Trade Commission (FTC) announced on Tuesday that it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted … Read more
WazirX founder Nischal Shetty also announced the upcoming introduction of staking services to the centralized cryptocurrency exchange.
Coinbase’s share price has skyrocketed so far on Wednesday, plus other Bitcoin-related stocks are surging on the back of Trump’s reelection.
On Tuesday, two AI startups tried convincing the world their AI chatbots were good enough to be an accurate, real-time source of information during a high-stakes Presidential election: xAI and Perplexity. Elon Musk’s Grok failed almost instantly, offering wrong answers about races’ outcomes before the polls had even closed. On the other hand, Perplexity offered … Read more
The all-electric CLA. | Image: Mercedes-Benz Mercedes-Benz is showing off its all-electric CLA prototype and sharing a few new details planned for the upcoming 2025 production version. The CEO of Mercedes-Benz Group, Ola Källenius, provides a limited tour of the car, in which he talks to its new AI assistant, and takes it for a … Read more
Analysts for the crypto exchange Bitfinex anticipate a rise in capital inflows following the reelection of Donald Trump in the United States.
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OpenAI bought Chat.com, adding to its collection of high-profile domain names. As of this morning, Chat.com now redirects to OpenAI’s AI-powered chatbot, ChatGPT. An OpenAI spokesperson confirmed the acquisition via email. Chat.com is one of the older domains on the web, having been registered in September 1996. Last year, it was reported that Hubspot co-founder … Read more
If the prediction market’s traders are right – and lately, they’ve been right – the election results are even more bullish for crypto than they appear.
Illustration: The Verge Apple has released iOS / iPadOS 18.2 into public beta, as spotted by MacRumors. It includes access to the second wave of Apple Intelligence features that were already available to developers, like the AI-generated custom emoji feature Genmoji and the Image Playground feature that generates pictures. It also adds ChatGPT integration, Visual … Read more
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GenAI wrappers are quietly printing millions. Stop theorizing & start building—there’s still time to make a fortune. When GPT-3.5 and ChatGPT dropped in December 2022, it opened floodgates for new opportunities in text, voice, image, video, and beyond. Two tribes emerged: those who started building—the makers—and those who objected that building on top of AI … Read more
For years, Netflix built a reputation as a haven for movie makers seeking artistic freedom – the New Hollywood alternative to the way traditional studios created and distributed movies. Netflix’s approach, prioritizing streaming with some limited theatrical runs, attracted auteurs like Martin Scorsese and Alfonso Cuarón, who sought backing for riskier projects. But this model … Read more
The number one challenge a product manager faces is prioritization. You make choices every day. How many times have you heard PMs say “data-driven” when asked about making roadmap decisions? This data-driven approach is easier said than done. More often than usual, the problem is not a dearth of great ideas. Prioritization is all about … Read more
NFTs have started to recover as monthly sales volumes surged by 18% and total transactions shot up to 7.2 million.
Striking New York Times tech workers have created a custom Connections puzzle so fans can get their daily fix without crossing the digital picket line. The “Strike Edition” puzzle was made on a website that lets people create their own Connections. The workers, part of the New York Times Tech Guild, specifically asked NYT readers … Read more
Elon Musk – the billionaire CEO of Tesla, SpaceX, and xAI, and the owner of The Boring Company, Neuralink, and X – took a sharp swing to the right this election to support president-elect Donald Trump, using his vast wealth, influence, and megaphone on X to influence the outcome of the election. Musk’s support came … Read more