Month: May 2025

Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper

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Within a decade, bitcoin will replace U.S. dollar dominance and become the standard currency underpinning the international economy, according to billionaire venture capitalist Tim Draper. “10 years, something like that. It may be a little less,” Draper said in a wide-ranging Spotlight interview with CoinDesk.  Draper reiterated his prediction that bitcoin will rise to $250,000 … Read more

At TechCrunch All Stage 2025, Rob Biederman will help founders rethink how to scale

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If you’re a founder looking to grow your startup, chances are you’re wrestling with more than just product or capital. Talent, scale, and smart execution are the real battlegrounds. That’s exactly what TechCrunch All Stage 2025 is built to address on July 15 at Boston’s SoWa Power Station. See top startup leaders taking the stage … Read more

Bitcoin builders defend venture capital's role in layer-2 growth

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Venture capital firms are critical to infrastructure development in the Bitcoin ecosystem, despite pushback from some in the community, according to builders speaking at the Token2049 conference in Dubai. Charlie Yechuan Hu, CEO of Bitcoin layer-2 protocol Bitlayer, shared his insights on venture capital (VC) firms in the Bitcoin (BTC) ecosystem. Hu told Cointelegraph that … Read more

Wyoming Taps Inca Digital to Secure First State-Issued Stablecoin Ahead of July Launch

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The Wyoming Stable Token Commission has partnered with analytics provider Inca Digital to help the Commission monitor and mitigate fraud risks and keep the Wyoming Stable Token (WYST) secure as it nears its launch date, it said in a statement on Monday. Inca will deliver advanced analytics, cross-market oversight and help the Commission detect any … Read more

Coinbase Shares Could See $16B of Buying Pressure From S&P 500 Index Inclusion: Bernstein

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Crypto exchange Coinbase (COIN) is soaring 16% early Tuesday after the Monday evening announcement of its inclusion into the S&P 500. COIN will be added to the S&P 500 index after the close on Friday, replacing Discover Financial Services (DFS) which is being acquired by Capital One (COF). Wall Street brokerage Bernstein estimates the move … Read more

Apple announces new accessibility features, including support for brain implants

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Apple on Tuesday announced a range of accessibility features coming to its devices later this year. Accessibility Nutrition Labels will provide more detailed information for apps and games on the App Store, while the new Braille Access tool will turn the iPhone, iPad, Mac, and Apple Vision Pro into a braille note taker. Additional enhancements … Read more

Why one obscure app could help crumble Meta’s empire

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If the question, “Who is Meta’s biggest rival?” were on a Family Feud survey, TikTok would likely be the winning answer. In the Federal Trade Commission’s antitrust case against the Facebook and Instagram owner, the government’s response probably wouldn’t even make the top 10: a small blockchain-based platform called MeWe. MeWe looks a fair amount … Read more

Apple will let the Vision Pro ‘see’ for you

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Apple previewed new Vision Pro accessibility features today that could turn the headset into a proxy for eyesight when they launch in visionOS later this year. The update uses the headset’s main camera to magnify what a user sees or to enable live, machine-learning-powered descriptions of surroundings. The new magnification feature works on virtual objects … Read more

VeChain’s Sunny Lu Wants to Tokenize Sustainable ‘Human Behavior’ Like Driving a Tesla

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When real-world assets (RWAs) finally became the crypto industry’s narrative du jour, Sunny Lu, the founder and CEO of VeChain, could only smile. “I mean, we were doing this back in 2017,” Lu told CoinDesk in an interview ahead of Consensus 2025 in Toronto. “Back then, no one cared about RWAs.” Back then—eons in crypto … Read more

AI Has Made Its Way Into the Newsroom—and Reporters Say It’s Already Changing Everything

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A Majority of Journalists Expect Job Losses to AI, Survey Finds Concerns Grow Over Impact on Integrity, Bias, and Human Role in Newsrooms. More than half of working journalists believe artificial intelligence will replace a growing number of jobs in the profession, according to a new global survey conducted by Pressat. The survey, which collected … Read more

From Early Michael Saylor Bet to Billions in Deals: How Jefferies Became a Crypto Powerhouse

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It all started in 2019, when a relatively small software company called MicroStrategy (now known as Strategy) knocked on investment bank Jefferies’ door after being turned away by Wall Street giants. At the time, Michael Saylor’s firm had a market cap of nearly $2 billion and was looking to raise capital to buy bitcoin—something bulge … Read more

The Nuts and Bolts of Token Testing: Prompt Variations and Decoding in Practice

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Table of Links Abstract and 1. Introduction Methods 2.1 Tokenizer analysis 2.2 Indicators for detecting under-trained tokens and 2.3 Verification of candidate tokens Results 3.1 Effectiveness of indicators and verification 3.2 Common observations 3.3 Model-specific observations Closed-source models Discussion, Acknowledgments, and References A. Verification details B. A short primer on UTF-8 encoding C. Outputs for … Read more

Letterboxd announces curated online film rental store

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Letterboxd – a film tracker app and the only good social network – announced a Letterboxd Video Store at the Festival de Cannes on Tuesday. Unlike a traditional video-on-demand service, Letterboxd Video Store will offer “limited festival-style windows” when you can stream “festival favorites, underseen gems, global cinema, and emerging voices” in cinema.  The service … Read more

CoinDesk 20 Performance Update: Ethereum (ETH) Gains 2.6%, Leading Index Higher

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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3258.85, up 1.8% (+58.26) since 4 p.m. ET on Monday. Twelve of 20 assets are trading higher. Leaders: ETH (+2.6%) and XRP (+2.0%). Laggards: BCH (-1.2%) and HBAR (-1.2%). … Read more

Asset Manager VanEck Joins Tokenization Race With U.S. Treasury Fund Token

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Asset manager VanEck launched its first tokenized fund, joining a roster of institutions entering the race to bring assets on-chain with tokenziation. The VanEck Treasury Fund (VBILL), developed with tokenization specialist Securitize, offers on-chain access to short-term U.S. Treasury debt and is available on the Avalanche AVAX, BNB Chain BNB, Ethereum ETH and Solana SOL … Read more

UK’s First FCA-Regulated Crypto Derivatives Trading Venue GFO-X Debuts in London

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GFO-X has debuted its Financial Conduct Authority (FCA)-regulated crypto derivatives platform, the U.K’s first such trading venue for digital assets. The new platform executed its first trade on Tuesday between financial institutions Virtu Financial and IMC, and was cleared by DigitalAssetClear, GFO-X announced on Tuesday. DigitalAssetClear, created by London Stock Exchange Group (LSEG) subsidiary LCH, … Read more

South Korea’s Democratic Party sets up ‘Digital Asset Committee’

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The largest political party in South Korea, the Democratic Party, has launched a Digital Asset Committee focused on developing cryptocurrency policies and promoting industry growth. The committee held its inaugural meeting at the National Assembly Members’ Hall in Seoul on May 13, the local news agency News1 reported. During its first meeting, the committee highlighted … Read more