Month: May 2025
Bitcoin Investment Case Holds as US 10-Year Yields Revisit April Highs
Yields on the 10-year are rising amid renewed risk sentiment from U.S.-China tariff relief, testing crypto’s resilience as narratives shift.
Meta’s beef with the press flares at its antitrust trial
Long-simmering tension between Silicon Valley and the press that covers it is surfacing during the Federal Trade Commission’s antitrust trial against Meta. During a heated cross-examination of the FTC’s key economic expert, Scott Hemphill, Meta’s lead attorney, Mark Hansen, noted that Hemphill joined Facebook co-founder Chris Hughes and former Biden official Tim Wu in pitching … Read more
Slow Blockchain Governance Leaves Crypto Exposed to Quantum Threats
Quantum computing poses a real threat to crypto, and slow-moving governance processes risk leaving blockchains vulnerable, according to Colton Dillion, a co-founder of Quip Network, which provides quantum-proof vaults for storing digital assets. While the technology, which uses the quantum states of subatomic particles to perform calculations instead of transistors and binary code, is still … Read more
Tether buys $459M Bitcoin for Twenty One Capital
Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners. Tether snapped up 4,812.2 Bitcoin (BTC) at $95,319 each and transferred it to an escrow wallet on May 9, Cantor … Read more
Fans Rally to Save ‘Bandersnatch’ After Netflix Removes Interactive Media
A petition to preserve a Black Mirror episode has gained traction after Netflix removed the last of its interactive segments.
EToro Goes Public At $52 A Share, Far Exceeding Marketed Range
Shares of stock and crypto trading platform eToro (ETOR) have debuted at $52 a share after the company hit the Nasdaq exchange on Tuesday evening. The company raised about $310 million from investors as it sold 6 million shares at a price of $52 a piece. The listing values the company at $4.2 billion. The … Read more
From Search Bar to Life Coach: How Different Generations Use ChatGPT
OpenAI CEO Sam Altman says AI use splits by generation, from a search tool for Boomers to a life assistant for Gen Z.
Ethereum Weekly Price Spike Hits 50% as Bitcoin, Solana and Dogecoin Gain
Ethereum continued its startling surge Tuesday, pushing its weekly jump to over 50% as Bitcoin rose alongside other top coins.
DJI said Mavic 4 Pro wouldn’t launch in US but these stores are selling it anyhow
By the time you read these words, it’s quite possible that Adorama will be out of stock of the new DJI Mavic 4 Pro. But when I wrote them, the US-based retailer was still selling a drone that wasn’t supposed to go on sale in the US at all, with roughly 70 left in stock. … Read more
Attend TechCrunch Sessions: AI with this new, limited-time discount
We’re excited to announce a big surprise for the AI community — TechCrunch Sessions: AI is getting a limited-time discount to broaden the number of people who can attend and learn from some of the brightest minds in the industry. For just $292, you can get a general admission ticket — plus a 50% discount … Read more
Google tests replacing ‘I’m Feeling Lucky’ with ‘AI Mode’
Google is testing a redesign of its Search homepage in which “AI Mode,” the experimental AI-powered search feature the company rolled out earlier in May, replaces its longstanding “I’m Feeling Lucky” button under the Search bar. A company spokesperson confirmed to The Verge, which was the first to report the change, that the feature began … Read more
Bitcoin ETFs Hit All-Time Peak, Bag Over $41 Billion in Cash
The popular U.S. Bitcoin ETFs have now accumulated over $41 billion worth of collective inflows, following a recent bounceback in demand.
Flattening Rust’s learning curve
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Judge slams lawyers for ‘bogus AI-generated research’
A California judge slammed a pair of law firms for the undisclosed use of AI after he received a supplemental brief with “numerous false, inaccurate, and misleading legal citations and quotations.” In a ruling submitted last week, Judge Michael Wilner imposed $31,000 in sanctions against the law firms involved, saying “no reasonably competent attorney should … Read more
$25B-valued Chime files for an IPO, reveals $33M deal with Dallas Mavericks
At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had reportedly filed confidential S-1 paperwork back in December. S-1 filings typically reveal all kinds of information, covering financial, legal, and other risk factors. But Chime’s S-1 documents still have a lot of blank spaces. … Read more
Market volatility indicator still points to $135K Bitcoin within 100 days — Analyst
Key Takeaways: Bitcoin price holds above $100,000, driven by “risk-on” sentiment after the CBOE Volatility Index (VIX) dropped to 20. The Bitcoin Bull Score Index surged to 80, and the Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for further price gains. Bitcoin (BTC) price continues to consolidate higher above $100,000 … Read more
US lawmakers call for change in corporate digital asset taxes
Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets. In a May 12 letter, Senators Cynthia Lummis and Bernie Moreno suggested Bessent had the authority to change the definition of “adjusted financial statement income” under existing US … Read more
Apple TV’s wireless audio sync now works with Dolby Atmos
Apple is pushing a new software update for Apple TV today that includes a useful feature for home theater setups: the ability to automatically calibrate the synchronization of Dolby Atmos surround sound audio with your speakers. The new tvOS 18.5 update enhances Apple’s existing Wireless Audio Sync feature, introduced in 2019, that lets you use … Read more
How (memory) safe is Zig? (2021)
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xAI’s promised safety report is MIA
Elon Musk’s AI company, xAI, has missed a self-imposed deadline to publish a finalized AI safety framework, as noted by watchdog group The Midas Project. xAI isn’t exactly known for its strong commitments to AI safety as it’s commonly understood. A recent report found that the company’s AI chatbot, Grok, would undress photos of women when … Read more
Paul McCartney and Dua Lipa call on the UK to pass AI copyright transparency law
Dua Lipa performs on May 12th in Spain. | Photo by Aldara Zarraoa/Redferns for ABA Last week, Paul McCartney, Dua Lipa, Ian McKellen, Elton John, and hundreds of others in the UK creative industry signed an open letter backing an effort to force AI firms to reveal the copyrighted works used to train their models. … Read more
User Consent in Data Collection Matters for Privacy: Here’s Why
Your information is worth more than ever before. With every application you access, website you visit, or smart wear you put on, you’re likely sharing data—sometimes knowingly, but more often than not, without your knowledge. The following blog discusses why user awareness and consent in data collection are important, how your data gets used, and … Read more