Month: March 2025

Vermont follows SEC’s lead, drops staking legal action against Coinbase

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US state Vermont has dropped its “show cause order” against crypto exchange Coinbase for allegedly offering unregistered securities to users through a staking service. Vermont’s Department of Financial Regulation said in a March 13 order that in light of the US Securities and Exchange Commission tossing out its case on Feb. 28, it would follow … Read more

Solana Inflation Reform Effort Fails on Dramatic Final Voting Day

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Solana’s high staking rewards will live to inflate SOL another day. A contentious effort to reform the blockchain network’s generous inflation regime flopped on Thursday after supporters of SIMD-0228 failed to garner the supermajority they needed to implement the major economic change. The surprise result delivered a blow to the Solana power brokers who rallied … Read more

Anti-aging zealot Bryan Johnson wants to start ‘foodome sequencing’

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In the same way that genome sequencing determines the genetic makeup of an organism, Bryan Johnson — the investor and founder behind the Don’t Die movement – wants to start “foodome” sequencing.  “We’re going to sequence the U.S. ‘foodome,’ which means test 20% of foods that constitute 80% of the American diet based on stuff … Read more

Sesame, the startup behind the viral virtual assistant Maya, releases its base AI model

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Sesame, the AI company behind the impressively realistic voice assistant Maya, has released the base AI model powering Maya, as it recently promised. The model, which is 1 billion parameters in size (“parameters” referring to individual components of the model), is under an Apache 2.0 license, meaning it can be used commercially with few restrictions. … Read more

Solana CME futures tip impending US ETF approvals — Exec

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The upcoming launch of Solana (SOL) futures on the Chicago Mercantile Exchange (CME), a US derivatives exchange, signals that the first US SOL exchange-traded fund (ETF) listings are coming soon, Chris Chung, founder of Solana-based swap platform Titan, told Cointelegraph.  On March 17, CME is preparing to launch SOL futures contracts. They will be among … Read more

Rad Power Bikes already has a new CEO

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Rad Power Bikes has named a new CEO, just a few days after its previous leader stepped down. The e-bike company has tapped Kathi Lentzsch, who has spent the last few decades helping turn around underperforming companies in both the consumer and B2B spaces. The change comes as Rad Power continues to shift away from … Read more

Y Combinator’s police surveillance darling Flock Safety raises $275M at $7.5B valuation

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Flock Safety and one of its long-time VCs, Bedrock Capital, announced Thursday that the startup raised a fresh $275 million at a $7.5 billion valuation. Flock makes computer vision-enabled video surveillance technology used by law enforcement as well as businesses, property management companies, and so on. It’s best known for its automatic license plate recognition … Read more

DOGE proposes slashing Internal Revenue Service staff by 20%

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The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service’s (IRS) workforce by 20% in a change expected to take effect by May 15, 2025. According to CNN, the cuts would impact an estimated 6,800 employees at the government agency, in addition to the 6,700 probationary employees who have already been … Read more

Android is adding Auracast support, which allows hearing aids to connect to public audio broadcasts

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Google announced on Thursday that Android phones will soon support Auracast, a new Bluetooth technology that uses a phone to enable a direct connection from hearing aids to audio broadcasts in noisy environments. With Auracast, compatible hearing aids and earbuds can receive direct audio streams, such as a PA system at a train station or … Read more