Former Celsius Network CEO Alex Mashinsky Sentenced to 12 Years in Prison
The founder of the once-prominent crypto lender had requested a more lenient prison sentence of one year and a day.
Month: May 2025
Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates
Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space. Traders are confident that $100,000 will hold as support. Bitcoin (BTC) price rallied above $100,000 on the heels of US President Donald Trump’s announcement of a “trade deal” with the UK, which could possibly include the … Read more
Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture
Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Tens of millions of dollars in deposits made by consumers, mostly customers of fintechs that worked with Synapse, remain unaccounted for. Yet according to The Information, Pathak is reportedly moving full steam ahead on attempts to … Read more
My Remote Reboot on Upwork and Freelancer.com: 96 Months Later
So, here I am, working as a cable guy – Jim Carrey’s style. I’m losing my mind because a regular job is hard to find. There’s a little girl working with me. She’s a year older than my daughter. As Trump likes to say, a beautiful baby girl. She’s studying to be an architect one … Read more
Social media startup Fizz sues Instacart and Partiful for trademark infringement over new Fizz app
Social media startup Fizz is suing grocery delivery giant Instacart and party planning app Partiful for trademark infringement, the company announced on Thursday. Earlier this week, Instacart launched a new drinks and snack delivery app for parties called Fizz and announced that Partiful had integrated Fizz directly into its platform. Founded in 2020, Fizz is a … Read more
US Stablecoin bill blocked as Democrats withdraw support
The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing a slight blow to cryptocurrency regulation in the country. The bill, sponsored by Senator Bill Hagerty and co-sponsored by Senators Tim Scott, Kirsten Gillibrand, Cynthia … Read more
Tesseral Raises $3.3M Seed to Bring Open Source Auth to B2B Software
As AI compresses the B2B software development lifecycle, more apps are coming to market than ever before. But business buyers aren’t cutting corners on security. Enterprise-grade standards like SAML, SCIM, and role-based access control are no longer nice-to-have for these customers, they’re the expectation. For developers, that’s a problem: these features are notoriously difficult to … Read more
Meta taps former Google DeepMind director to lead its AI research lab
Meta has chosen Robert Fergus to lead its Fundamental AI Research (FAIR) lab, according to Bloomberg. Fergus had been working at Google DeepMind as a research director for roughly five years, per his LinkedIn. Prior to Google, he worked as a researcher scientist at Meta. Meta’s FAIR, which has been around since 2013, has faced … Read more
Senate Votes Against Advancing Stablecoin Bill, Delaying Process as Trump Concerns Fester
The U.S. legislation that would establish stablecoin regulation failed to take a huge step closer to reality on Thursday as a rush of Democratic resistance kept the bill from moving into a debate phase, which would have been the path toward an eventual vote on passage. The crypto industry has been closely watching the Senate, … Read more
Trump tricked into pushing XRP for crypto reserve: Report
US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve. According to a May 8 Politico report, an employee of pro-Trump lobbyist Brian Ballard gave the president the text to a social media post she … Read more
DOJ and FTC invite the public to complain about Ticketmaster
If you’ve been harboring complaints about Ticketmaster, now’s the time to let it all out. The Department of Justice and the Federal Trade Commission are inviting the public to submit comments about harmful practices in live ticketing as part of efforts to “identify unfair and anticompetitive” behavior in the industry. In March, President Donald Trump … Read more
Stablecoin Legislation Suffers Severe Blow as GENIUS Act Fails to Pass Key Senate Vote
The GENIUS Act failed a key Senate vote Thursday, leaving the future of the stablecoin bill and other crypto legislation in question.
Trump Says Fed Chair ‘Is Not in Love With Me’ as Crypto Market Soars
Bitcoin rose above $101,000 even as Donald Trump pressured U.S. central bank Chair Jerome Powell anew to lower interest rates.
Google launches ‘implicit caching’ to make accessing its latest AI models cheaper
Google is rolling out a feature in its Gemini API that the company claims will make its latest AI models cheaper for third-party developers. Google calls the feature “implicit caching” and says it can deliver 75% savings on “repetitive context” passed to models via the Gemini API. It supports Google’s Gemini 2.5 Pro and 2.5 … Read more
Instagram Threads is getting video ads
Instagram Threads will begin testing video ads, Meta announced on Thursday. The test, which will make Threads look more like its competitor X, is an expansion of Threads’ advertising initiatives, which began last month with the opening up of ads to global advertisers. The news was announced at Meta’s presentation at the IAB NewFronts, where … Read more
Ecobee’s video doorbell now integrates with Google Home
You can now see live video feeds from Ecobee’s Smart Doorbell Camera on Google smart devices. | Photo by Jennifer Pattison Tuohy / The Verge Ecobee has announced an update to its Smart Doorbell Camera that finally adds integration with Google’s Home app and smart displays. The company’s video doorbell debuted with support for both … Read more
SEC considers new rules easing security token issuance
The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8. The regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities” that would release them from … Read more
PowerSchool paid a hacker’s ransom, but now schools say they are being extorted
Schools in Toronto and North Carolina are reporting extortion attempts.
Static as a Server
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Brokk: AI for Large Codebases
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How much information is in DNA?
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Roborock’s S8 MaxV Ultra, our favorite robovac, is $800 off
The Roborock S8 MaxV Ultra offers a nearly hands-free cleaning experience. If you’re tired of spending your weekends cleaning, you might want to check out today’s deal on Roborock’s S8 MaxV Ultra. It’ll take care of the vacuuming and mopping for you so you can reclaim your free time, and is currently available at an … Read more
Reservoir Sampling
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