Runway, best known for its video-generating AI models, raises $308M

Runway, a startup developing a range of generative AI models for media production, including video-generating models, has raised $308 million in a Series D funding round. General Atlantic led the round, which had participation from Fidelity Management & Research Company, Baillie Gifford, Nvidia, SoftBank, and others. The fresh capital will be put toward AI research … Read more

The Nintendo Switch 2, hands-on: It’s pretty good!

At a presentation unveiling the Nintendo Switch 2, longtime Nintendo producer Kouichi Kawamoto revealed that at one point, he considered calling the Switch’s successor the “Super Nintendo Switch.” It would have been a nice nod to Nintendo’s second console, the Super Nintendo Entertainment System, which followed the original NES about 35 years ago. But Kawamoto, … Read more

I’m not sold on the Switch 2’s mouse-like controls

Perhaps the most noticeable difference between the original Nintendo Switch and the Switch 2 — besides the more expensive price — is the new Joy-Con controller and its come-out-of-nowhere mouse functionality. I got the chance to demo them at a hands-on event, and damn are my shoulders and wrists sore.  There were several games at … Read more

The Nintendo GameCube still rules

One of the most exciting parts of Nintendo’s new console is, well, an old console. GameCube games are coming to the Switch 2 for Nintendo Online subscribers, and it’s starting off with a pretty killer trio of releases: The Legend of Zelda: The Wind Waker (which somehow was never ported to the Switch), Soulcalibur II … Read more

Mario Kart World is pure chaos

A new Mario Kart is usually built around some kind of notable feature. Double Dash added co-op play, while the DS iteration let you play other people online. With Mario Kart 8, it was gravity-defying tracks and, later, the idea of expanding the game through DLC courses. With Mario Kart World, perhaps the biggest launch … Read more

Nintendo Switch 2 hands-on: it’s all in the games

The value proposition of the Nintendo Switch 2 may seem pretty clear, but it’s much more obvious when you use one. Nintendo’s new console is the Switch but slightly bigger and slightly better, and that has been apparent since the device was first revealed in January in a mostly detail-free presentation. Now, we finally have … Read more

Wintermute transfers $75M FDUSD since depegs, in $3M arbitrage opportunity

Market makers’ blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin. The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2, after Tron founder Justin Sun claimed that the stablecoin issuer was insolvent. Market marker Wintermute transferred over 75 million FDUSD tokens back to First … Read more

How Is Mawari Teaming Up with Arbitrum to Redefine 3D Experiences Worldwide?

What happens when a company focused on streaming lifelike 3D content joins forces with a blockchain platform known for scaling solutions? Tokyo-based Mawari announced a collaboration with Arbitrum, aiming to reshape how immersive experiences reach users globally. This partnership merges Mawari’s expertise in real-time 3D streaming with Arbitrum’s blockchain technology, setting the stage for a … Read more


Brazil’s Largest Bank Itaú Unibanco Mulls Its Own Stablecoin

Itaú Unibanco, Brazil’s largest bank by assets, is exploring whether to issue its own stablecoin as regulatory discussions evolve and U.S. financial institutions slowly move into the sector. The decision could hinge on how American institutions fare with their stablecoin rollouts, said Guto Antunes, head of digital assets at Itaú. At an industry event in … Read more

0xbow’s Ethereum Privacy Pools Surpass 200 Deposits as User Interest Grows

“Tornado [Cash] is dead, but privacy won’t die,” an ether enthusiast said on X after Oxbow’s Ethereum privacy tools went live on April 1 to facilitate on-chain privacy while dissociating from illicit funds. The sentiment is echoed by the early uptake for the privacy pools, which have processed 238 user deposit transactions, totaling 67.49 ETH … Read more

Fuse raises $6.6M to fix a payment problem for companies expanding to MENA

Expanding into the Middle East and North Africa (MENA) remains a costly and complex challenge for global businesses, thanks to fragmented regulations and banking systems. Dubai-based fintech Fuse aims to simplify that with a cross-border payments API and has raised $6.6 million in seed funding to make it happen. Founded in 2023 by George Davis, … Read more

CEX listings outperform Nasdaq and Dow IPOs with 80% average returns

Cryptocurrency listings have outperformed the average of traditional stock listings, despite recent community criticism regarding the manipulation potential of token listings on centralized exchanges. Token listing procedures on centralized cryptocurrency exchanges (CEXs) drew significant controversy after Changpeng “CZ” Zhao, co-founder and former CEO of Binance, called the process flawed after disappointing performances of some token … Read more

Universities are giving up the fight for free speech — students aren’t

As the US government launches investigations and threatens to pull federal funding, some elite universities have decided to take the path of least resistance. Colleges across the country have responded to the Trump administration’s attacks on diversity programs and student protesters by complying with these “anti-woke” witch hunts. In recent weeks, university administrators at Columbia … Read more