Bitcoin bottom isn’t in: Traders target $74K zone as Trump EU tariff threat destroys markets
Bitcoin price swept 3 month lows again as liquidations, spot BTC ETF outflows and new Trump tariff threats against the EU took a heavily toll on markets.
Month: February 2025
It Takes More Than Thinking: Humans Put the Vibe Into Vibe Coding
Ruminations on a Software Engineer’s Place in a Post-AI World In a world where AI writes all the code, our value as developers will hinge on something more human—creativity, emotion, and storytelling After I posted about Vibe Coding as a New System of the World, I found myself dialing into this new future in a … Read more
Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff
Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at whopping $1.9 billion valuation as the world went shopping online in the wake of the Covid-19 pandemic, and businesses rushed to improve their e-commerce operations. … Read more
Shop Circle raises $60M to encircle e-commerce with an app suite
The boom in e-commerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, to inventory, to marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series … Read more
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Bitcoin miner MARA touts AI plans as it posts record earnings in Q4
MARA Holdings said it took a “strategic pause” to the first wave of AI to see how it shakes out but now appears ready to jump in.
Nvidia CEO Jensen Huang shrugs off DeepSeek as sales soar
Nvidia CEO Jensen Huang is more bullish about Nvidia’s sales than ever, despite a market panic last month induced by China’s DeepSeek. © 2024 TechCrunch. All rights reserved. For personal use only.
Meta’s oversight board is reviewing the company’s new hate speech policies
Meta’s Oversight Board, the company’s independent group created to help with sensitive policy decisions, is preparing to weigh in on CEO Mark Zuckerberg’s recent changes to how Facebook, Instagram, and Threads handle hate speech, Engadget reported. Zuckerberg announced an overhaul of its content moderation policies in January, shortly before the inauguration of U.S. President Donald … Read more
Bybit and Safe Custody Are at Odds on Who’s to Blame for $1.5B Hack
Cryptocurrency exchange Bybit has published a forensic review on last week’s $1.5 billion hack, revealing that its systems had not been infiltrated and that the issue seemed to have stemmed from compromised Safe wallet infrastructure. Bybit concluded from the review that “the credentials of a Safe developer were compromised,” which allowed the Lazarus hacking group … Read more
SEC Softens Crypto Stance as Sun Eyes Settlement, Gemini Cleared of Probe
The SEC is retreating from cases against Tron’s Justin Sun and crypto exchange Gemini, signaling a softer stance on the industry.
With Alexa+, Amazon makes an intriguing play in the consumer agent space
Amazon shared an impressive vision of an “agentic” future on Wednesday — one in which the company’s improved Alexa, Alexa+, handles countless mundane tasks, from booking restaurants to finding appliance repairmen. If Amazon can deliver, it could be the first out to the gate with a comprehensive, consumer-focused agent tool. The company hopes to marry … Read more
The Protocol: Ethereum’s Pectra Goes Live on Testnet
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, managing editor at CoinDesk. In this issue: Ethereum’s Pectra upgrade Goes Live Avalanche Visa card launched Ethereum Foundation executive director leaving Hackers using GitHub to steal bitcoin Network News PECTRA GOES LIVE ON TESTNET: Ethereum’s Pectra … Read more
Trump signs executive order to expand DOGE’s spending review powers
In a newly issued executive order (EO), the Trump Administration has instructed the Department of Government Efficiency (DOGE), the Elon Musk-advised initiative to reduce federal spending, to create a “centralized technological system” in every agency to record contract and grant awards. As part of the ramp-up of these systems, agency employees who approved individual contract … Read more
a16z hires former Republican Congressman Patrick McHenry as advisor
Former North Carolina Congressman Patrick McHenry announced Wednesday that he landed a job with VC firm Andreessen Horowitz. He will be a Senior Advisor. His post on X said little about what the job entails, except to be advocating for startups (which a16z likes to call “little tech”) with policymakers. A16z did not immediately respond … Read more
Dave Portnoy Says ‘Too Many Babies’ in Crypto Market to Launch Another Solana Meme Coin
Barstool Sports founder Dave Portnoy doesn’t want the headaches that come with launching a new meme coin—after already dropping a couple.
Fukui Functions and Dual Descriptors Explained: An Advanced Scientific Analysis
Fukui functions function as basic descriptors from DFT-based conceptual density functional theory, which shows how electrons distribute within molecules. The prediction capability using these functions reveals the electron-donating or accepting the potential of molecules at specific atomic sites to determine electrophilic or nucleophilic characteristics. The dual descriptor enhances Fukui function analysis by distinguishing the nucleophilic … Read more
Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave
Core Scientific (CORZ) stock surged more than 11% after-market on Wednesday after the data center and bitcoin mining company said it was planning a $1.2 billion expansion of a data center in Denton, Texas, with CoreWeave, to support artificial intelligence (AI) and high-performance cloud computing (HPC). “The 70 MW [megawatt] of additional contracted power at … Read more
Maternity clinic Millie nabs $12M Series A from an all-star, all female class of VCs
Millie, a California-based maternity clinic, founded by Anu Sharma, announced the raise of a $12 million Series A by investors including RH Capital, TMV, and Melinda French Gates’ Pivotal Ventures. Sharma was inspired to launch the company after the birth of her daughter in 2019. She faced pregnancy complications and, as the child of a … Read more
SEC has closed its investigation into Gemini, says Winklevoss
Gemini co-founder and president Cameron Winklevoss said the decision marks another milestone to end the war on crypto.
Bitcoin Mining Difficulty Falls Amid Crypto Price Slump—But Should Climb Again
It just got easier to mine Bitcoin following the dip in BTC’s price and a cold snap across the U.S.—but what does this mean?
The latest on the WordPress fight over trademarks and open source
In late September, Automattic CEO and WordPress cofounder Matt Mullenweg started a public dispute with the hosting provider WP Engine, calling the company “a cancer to WordPress.” He accused WP Engine of not contributing enough to the WordPress ecosystem and profiting off of trademark confusion. As a result, WP Engine was blocked from accessing WordPress.org’s … Read more
XRP open interest drops to 2025 low — Are altcoin traders giving up?
A sharp drop in XRP’s open interest points to increasing bearish investor sentiment and a shift in traders’ focus.
Bitcoin Miners Drawing Power From Grids Will Face ‘Reckoning’ Post Next Halving, MARA Says
Bitcoin miners that are still drawing electricity from grid-attached power sources will struggle after the next halving event in 2028, MARA Holdings (MARA) said in a shareholder letter. “For those miners still relying on grid-attached power, the writing is on the wall. Energy costs will only rise. The 2028 halving will likely force another industry-wide … Read more
SEC, Justin Sun, Tron Ask Court to Pause Fraud Case Over ‘Potential Resolution’
The U.S. Securities and Exchange Commission, the Tron Foundation and Justin Sun filed a joint motion Wednesday asking a federal judge to pause the securities regulator’s ongoing case against the crypto entrepreneur and his company. The motion is similar to motions filed in the SEC’s ongoing cases against Coinbase and Binance. In both cases, the … Read more
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Nvidia Posts Record Q4 Revenue, Shares Rise in After-Hours Trading
AI-fueled demand pushed Nvidia’s data center revenue to record highs, lifting full-year earnings as markets weigh its growth sustainability.
A Deep Dive into The Bybit Hack
On Friday, February 21, 2025, nearly $1.5 billion worth of Ethereum was stolen from Bybit, a Dubai-based crypto exchange. The Bybit hack represents the biggest crypto hack of all time, exceeding the over $600 million stolen from Poly Network in 2021. It also represents the biggest theft of any type in the world, with the … Read more
SEC, Justin Sun asks judge to stay case to explore resolution
The SEC, Justin Sun and three of his companies jointly asked a US federal court to pause the regulator’s case against the crypto entrepreneur.
No More Manual Edits: Lawrina’s Smart System Streamlines Legal Document Workflow
Lawrina, a synergy of technologies that make law accessible to everyone, is transforming the way legal documentation is managed. This all-in-one online legal space integrates an interactive interview system, a user-friendly PDF tool for legal templates, and an advanced electronic signature feature. Lawrina guarantees a more efficient and streamlined workflow for both individuals and businesses … Read more
The Xbox Wireless Controller is just $39 right now
Tons of colors are on sale, some cheaper than others. Of the three major gaming consoles, the Xbox Series X / S may have the most diverse controller selection, but Microsoft’s basic Xbox Wireless Controller is still the best Xbox controller for most people. That’s mostly because it’s the cheapest one you can buy with … Read more