Disney’s streaming business is picking up momentum

Disney Plus and Hulu saw another leap in profitability over the past few months. In its second fiscal quarter earnings results released on Wednesday, Disney revealed that the services’ combined operating income grew to $336 million, up from $47 million during the same time last year. Disney’s streaming business became profitable last August, and its … Read more

Trump-backed USD1 is now the seventh-largest stablecoin worldwide

USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch. WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market capitalization has continued to climb. Launched in early March with a $3.5 million supply, … Read more

Netflix debuts its generative AI-powered search tool

After hinting at a new AI-powered search experience during its recent earnings call, Netflix officially unveiled the feature at its tech and product event on Wednesday.  This new search experience will utilize OpenAI’s ChatGPT to provide users with a conversational discovery experience. Users can enter their preferences using natural phrases like “I want something funny … Read more

Netflix is getting into short videos with a new vertical feed for mobile

Netflix announced on Wednesday that it’s currently testing a short-form video feature, signaling that even a streaming giant with over 300 million subscribers is concerned about losing viewers’ time spent on mobile to apps like TikTok, YouTube Shorts, and Instagram Reels. The company debuted the feature at its first-ever product and tech event, where it … Read more

Netflix is getting a big TV revamp

Netflix is about to look different on your TV. The company is starting to roll out a big UI redesign for its TV app “in the coming weeks and months” globally, according to a blog post. “Our redesigned TV homepage is simpler, more intuitive, and better represents the breadth of entertainment on Netflix today,” Chief … Read more

Bitcoin Accumulation Strengthens as BTC Approaches Key Resistance

Bitcoin (BTC) is now up 3% since the beginning of May, after gaining 14% gain in April. Inflows into BTC exchange-traded funds (ETFs) have accelerated over the past two weeks, while consistent bitcoin treasury accumulation continues to support the market. From an on-chain perspective, Glassnode data shows that both short-term holders (STHs) and long-term holders … Read more

How Hidden Channels and Miner Teams Shape Transaction Transparency

Table of Links Abstract/Zusammenfassung Publications Acknowledgements CHAPTER 1: INTRODUCTION Introduction 1.1 Overview of thesis contributions 1.2 Thesis outline CHAPTER 2: BACKGROUND 2.1 Blockchains & smart contracts 2.2 Transaction prioritization norms 2.3 Transaction prioritization and contention transparency 2.4 Decentralized governance 2.5 Blockchain Scalability with Layer 2.0 Solutions CHAPTER 3. TRANSACTION PRIORITIZATION NORMS Transaction Prioritization Norms 3.1 … Read more

Matter’s latest update brings tap-to-pair setup

Two new features coming to Matter are designed to make setting up smart gadgets easier. Multi-device QR codes and a tap-to-pair onboarding via NFC are new options for adding devices like smart lights, plugs, locks, and more to a Matter home network. The updates are part of the new 1.4.1 specification for Matter announced today … Read more

Poker Face’s formula wasn’t broke, so Rian Johnson didn’t want to change it

Season 1 of Poker Face, Rian Johnson’s eclectic crime dramedy starring Natasha Lyonne as a woman who can always tell when someone is lying, was one of Peacock’s first truly fantastic series. Each Columbo-esque episode spun a uniquely wild tale of murder, mystery, and people realizing how different their understandings of the truth can be. … Read more

Visa Doubles Down on Stablecoins With Investment in Blockchain Payments Firm BVNK

Global payments service provider Visa’s (V) venture capital arm made a strategic investment in BVNK, a startup building stablecoin-based payment infrastructure, in a move that reflects legacy financial financial firms’ push into blockchain-powered money movement. “Visa’s deep expertise in building global payment networks, combined with our stablecoin infrastructure, creates powerful possibilities for redefining how businesses … Read more

Crypto miner deserts Pennsylvania site, fails to plug wells: Report

Cryptocurrency miner Diversified Energy has quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations. The site, known as Longhorn Pad A, was revived in 2022 after sitting dormant for nearly a decade when Diversified began using it to fuel on-site generators powering cryptocurrency mining … Read more

Massive Bitcoin Bull Run Ahead? Two Chart Patterns Mirror BTC’s Rally to $109K

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Crypto bears might want to closely watch bitcoin’s (BTC) recent chart patterns, which mirror those that preceded the late 2024 rally from $70,000 to $109,000. The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum … Read more

Crypto Daybook Americas: Powell Will Set the Tone While Markets Eye Asia Battles, Trade

By Francisco Rodrigues (All times ET unless indicated otherwise) It’s Federal Open Market Committee day in the U.S., and while there’s little expectation of a change in interest rates, the market’s attention will be focused on Federal Reserve Chair Jerome Powell’s comments at the FOMC’s press conference. The CME’s FedWatch tool is pointing to a … Read more

Kapor Capital’s managing partner Ulili Onovakpuri is leaving the firm

Kapor Capital’s managing partner Ulili Onovakpuri said yesterday that she is leaving the firm.  Onovakpuri started as a principal at Kapor Capital more than a decade ago, and rose through the ranks to become managing partner, and eventually (with Brian Dixon) took over the reins from the firm’s co-founders Mitch Kapor and Freada Kapor Klein.  … Read more