Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest. In a May 15 letter to Senator Richard Blumenthal, lawyers for World Liberty Financial claimed a call to investigate the crypto platform was based … Read more
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison. Following a May 16 hearing in the US District Court for the District of Columbia, the Justice Department announced … Read more
Microsoft has quietly launched an updated Spotlight-like launcher app for Windows that provides quick access to commands, apps, and development tools. The software maker originally launched its PowerToys Run launcher for Windows 10 nearly five years ago, and the updated version — Command Palette — now includes search for apps, folders, and files, calculations, system … Read more
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator. In a May 16 announcement, Romero said her last day at the agency would be on May 31, ahead of her initial plans to leave if the Senate confirmed former … Read more
Singapore-based Basel Medical Group said it is in “negotiations” to put $1 billion in Bitcoin on its balance sheet as it pursues an “Asia growth strategy.”
As artificial intelligence (AI) becomes more integrated into people’s daily lives, a new psychological phenomenon is taking shape — AI-induced delusion. It’s happening across some users, who conclude that everything ChatGPT or other chatbots tell them is true. Imagine a woman is suspicious of her husband’s behavior. She may consult ChatGPT to interpret his actions. … Read more
Microsoft is going to allow Xbox owners to pin apps and games directly to the Home UI. The latest change to homescreen section of the Xbox dashboard will be available to Xbox Insiders this week, alongside options to hide system apps, choose the number of apps and games listed, and modify the size of the … Read more
Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury. On May 16, Singapore-based Basel said it was “in advanced discussions with a consortium of institutional investors and high-net-worth individuals […] to acquire a US$1 billion BTC through an innovative … Read more
Key points: A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000. Ether continues to gain strength, which is being mirrored by many altcoins. Bitcoin (BTC) has been consolidating between $100,718 and $105,819 for the past few days, indicating a balance between supply and demand. A positive sign is that … Read more
Nyan Heroes, a Solana game featuring cats in robot suits, is coming to an end. The price of NYAN is now down nearly 99% from peak.
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! OK, who placed their bet on General Motors being the landing spot for Aurora co-founder and chief product officer Sterling Anderson? Not me. But here we are. … Read more
ChatGPT maker OpenAI is pushing software development into new territory with cloud-based AI agents that work while you’re at lunch.
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company. CRWV stock climbed as much as 26.3% in New York trading, pushing its market capitalization above $38 billion. Trading volumes were more than … Read more
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams. While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation and reimbursement expenses range from $180 million to $400 million, … Read more
Verizon’s $20 billion deal to acquire the fiber internet provider Frontier is officially happening. On Friday, the Federal Communications Commission signed off on the merger, which will allow Verizon to “upgrade and expand” Frontier’s existing fiber networks. Verizon expects to bring fiber to 1 million homes each year following the acquisition. The deal went through … Read more
World Liberty Financial’s USD1 stablecoin is now operable across multiple blockchains through an integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the companies announced Friday. That’s according to World Liberty Financial’s team, Chainlink co-founder Sergey Nazarov, and the son of U.S. President Donald Trump, Eric Trump, who announced the cross-chain capabilities at Consensus 2025. USD1, a … Read more
Christy Goldsmith Romero, one of the four commissioners at the Commodity Futures Trading Commission, will depart the federal regulator at the end of the month, she announced Friday. Goldsmith Romero joins fellow Commissioner Summer Mersinger, who announced earlier this week that she would leave on May 30 after being named the next CEO of the … Read more
After The Washington Post earlier this month revealed that Secretary of State Marco Rubio had instructed the State Department to help Starlink expand in order to fend off Chinese technological influence, an extensive ProPublica article published Thursday dove deeper into what those campaigns looked like at the ground level. According to cables sent between the … Read more
Succession creator Jesse Armstrong has never been subtle with his commentary on the rich and powerful, but the new trailer for his HBO feature Mountainhead spells out exactly what makes its central characters people you shouldn’t be rooting for. Set in a remote cabin at the top of a mountain, Mountainhead revolves around a quartet … Read more
Coinbase user Data Hacked, FTX Repayments Coming, Bond Yields soar FOMO HOUR EP359 Hackers demand $20m after Coinbase data hacked. SEC probes Coinbase on inflating user numbers. FTX to begin $5b distribution on May 30. Wisconsin Investment Board exits BTC ETF. China’s DDC Enterprise to adopt BTC reserves. China’s Addentax to buy 8k BTC. Brazil’s … Read more
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand. In an interview with Cointelegraph at Consensus 2025 in Toronto, the executive said that Bitwise’s Bitcoin price prediction model is driven exclusively by supply and demand metrics. Hougan … Read more
Global economic uncertainties are weighing on cryptocurrency markets as TRX consolidates following its recent failed breakout attempt. The token, which established a trading range between $0.271 and $0.278, has shown resilience despite mounting trade tensions between major economies. Tron’s blockchain continues to demonstrate strong fundamentals, processing over $1 billion in daily transaction volume while maintaining … Read more
Roughly a month after Moonvalley, a Los Angeles-based startup developing AI tools for video creation, said it secured $43 million in new funding, the company has raised more, according to a filing with the SEC. The filing, submitted Thursday, reveals that Moonvalley actually landed (so far) around $53 million total from a group of 14 unnamed … Read more
Businesses are constantly evolving, and leaders are challenged every day to meet new requirements and are seeking ways to optimize their operations and gain a competitive edge. One of the key challenges they face is managing the complexity of disparate business systems and workflows, which leads to inefficiencies, data silos, and missed opportunities. Generative AI … Read more
With the rise of generative AI and knowledge extraction in AI systems, Retrieval Augmented Generation (RAG) has become a prominent tool for enhancing the accuracy and reliability of AI-generated responses. RAG is as a way to incorporate additional data that the large language model (LLM) was not trained on. This can also help reduce generation … Read more
Hey Hackers! It’s a big world out there, but unfortunately, we don’t all speak the same language. The good news is that technology is making communication and translation easier, and the even better news is that HackerNoon has an incredible translation feature that you can use right now. Let’s dive right into it. HackerNoon has … Read more