Month: May 2025
Bitcoin sell-off to $93.5K is a brief hiccup — Data still supports new BTC highs in 2025
Key takeaways: Bitcoin price slips, but BTC dominance is on the rise. Sizable purchases by Strategy and the spot BTC ETFs highlight institutional investors’ appetite for Bitcoin. Bitcoin’s (BTC) price has dropped by 4.3% in the last three days after nearly reaching $97,900 on May 2. Despite showing resilience at the $94,000 level on May … Read more
Trump Meme Coin Falls Alongside Stock of Logistics Firm That’s Stockpiling It
The company wants to buy the president’s meme coin as a way to advocate for free trade between Mexico and the U.S.
Anduril is working on the difficult AI-related task of real-time edge computing
Anduril announced its ninth acquisition on Monday with the purchase of Dublin’s Klas, makers of ruggedized edge computing equipment for the military and first-responders. Anduril wouldn’t reveal financial details of the deal, and the purchase is subject to regulatory approval, but the company did say that Klas employs 150 people. Relatedly, on Monday Anduril also … Read more
US Treasury sanctions Myanmar militia group for alleged crypto scams
The United States Department of the Treasury has sanctioned a Myanmar militia group known as the Karen National Army (KNA), accusing it of crypto-related scams and other criminal activities. According to a May 5 press release issued by the agency, the Karen National Army has been orchestrating a variety of crypto scams, including the infamous … Read more
Rivian gets $16 million from Illinois to build new supplier park
Rivian is receiving $16 million in state incentives to help construct a new 1.2 million-square foot supplier park near its EV manufacturing plant in Normal, Illinois, according to Illinois Governer JB Pritzker and Rivian, who both made official announcements today. As part of the deal, Rivian will invest nearly $120 million towards the project, which … Read more
YouTube is experimenting with a Premium plan for two people
YouTube is testing a YouTube Premium subscription plan designed for two people to use, Moneycontrol reports (via Android Authority). Company spokesperson Alex McQuiston confirmed to The Verge that the pilot is taking place in India, France, Taiwan, and Hong Kong. “We’re experimenting with new ways to provide greater flexibility and value to our YouTube Premium … Read more
Layoffs hit General Fusion as the fusion power startup runs short on cash
CEO Greg Twiney posted an open letter on the company’s website today pleading for money.
Leak: Here is DJI’s first 360-degree camera
Leaked photos of the DJI Osmo 360. | Images via Hakasushi DJI hasn’t even announced a 360-degree camera yet, but the DJI Osmo 360 has now spilled its guts all over the web. Leakers Hakasushi and Igor Bogdanov have published over a dozen pictures of a prototype dual-lens camera, including both external and internal photos … Read more
SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic
The cryptocurrency market continues to reflect broader economic uncertainties as Shiba Inu (SHIB) faces significant downward pressure. Recent price action shows SHIB testing critical support at $0.0000127 after experiencing a 7.4% decline from recent highs, with volume spikes coinciding with major selloffs particularly during early May, according to CoinDesk Research’s technical analysis data model. Despite … Read more
OpenAI admits it screwed up testing its ‘sychophant-y’ ChatGPT update
Last week, OpenAI pulled a GPT-4o update that made ChatGPT “overly flattering or agreeable” — and now it has explained what exactly went wrong. In a blog post published on Friday, OpenAI said its efforts to “better incorporate user feedback, memory, and fresher data” could have partly led to “tipping the scales on sycophancy.” In … Read more
VanEck Seeks SEC Approval to Launch First BNB ETF in US
VanEck’s filing for a fund based on Binance Coin (BNB) comes as issuers seek approval for a widening array of altcoin-based ETFs.
Leading House Dem Will Block Crypto Market Structure Bill Hearing
The leading Democrat on the House Financial Services Committee, Rep. Maxine Waters, will block efforts to hold a joint hearing between her committee and the House Agriculture Committee on Monday’s newly unveiled market structure discussion draft bill. Under House rules, all participants in a joint hearing need to agree to proceed. Waters will object to … Read more
Why I love my Brother 1034D Serger
Cath Virginia is the senior designer here at The Verge, who creates illustrations and collages for our articles. However, she also has “dabbled” (as she puts it) in feature designs for articles such as 2004 was the first year of the future (which won the 2025 ASME Award for Best News and Entertainment Design), How … Read more
States sue Trump over ‘existential threat’ to wind energy
The sun rises behind wind turbines in Palm Springs, California, US, on Friday, July 14, 2023. | Photo: Getty Images The District of Columbia and 17 states — including New York, Arizona, Massachusetts, California, Colorado, and Illinois — sued the Trump administration Monday over its attempts to stop wind energy developments across the US. The states … Read more
Why Ford decided to merge its next-gen architecture with its current platform
Ford’s software chief Doug Field is tasked with remaking the automaker’s software experience — and not just for EVs. When Ford poached Doug Field from Apple in 2021, the company had high hopes for the mild-mannered engineer. Field would lead the charge on developing “the next-gen Blue Oval Intelligence tech stack to deliver smart, connected … Read more
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Bitcoin Likely Still ‘Rat Poison’ at Berkshire Hathaway Even Without Warren Buffett
Warren Buffett, the billionaire investor who helped shape Berkshire Hathaway into a global investment powerhouse, is stepping down as CEO at year-end — but his distaste for bitcoin (BTC) will likely live on at the firm. Buffett, who will remain chairman of the board, has famously described bitcoin as “rat poison squared” and a “gambling … Read more
Apple’s latest iPad Mini has dropped to its lowest price in months
It’s true that Apple’s latest iPad remains an excellent value, especially when it’s on sale for $299. However, if you want features like Apple Intelligence and Apple Pencil Pro support without spending a fortune on an iPad Pro, the latest iPad Mini might be the better option. That’s especially true now given Apple’s smallest tablet … Read more
VanEck files for BNB ETF, first in US
Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show. The ETF is designed to accumulate spot BNB (BNB) tokens and “may, from time to time, stake a portion of the [fund’s] assets through one or more trusted … Read more