Month: May 2025

Ramaswami's Strive raises $750M for 'alpha-generating' Bitcoin buy strategy

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Strive, an asset manager founded by American entrepreneur and politician Vivek Ramaswamy, has announced a $750 million raise to establish “alpha-generating” strategies through Bitcoin-related purchases. According to a May 27 announcement, the strategies will include buying undervalued biotech companies, purchasing “distressed Bitcoin claims” like those associated with crypto hacks and bankruptcies, and acquiring bottom tranches … Read more

BlackRock in-house portfolio boosts IBIT Bitcoin ETF exposure by 25%

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BlackRock’s in-house portfolio has been quietly accumulating shares of its Bitcoin exchange-traded fund (ETF), underscoring the asset manager’s growing commitment to the cryptocurrency as part of a broader diversification strategy. As of March 31, 2025, the BlackRock Strategic Income Opportunities Portfolio held 2,123,592 shares of the company’s iShares Bitcoin Trust (IBIT), valued at $99.4 million, … Read more

WordPress has formed an AI team

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WordPress announced on Tuesday that it has formed an AI team to steward the development of AI products among its developer community. The team includes James LePage (leader of AI at Automattic, WordPress’ parent company), Felix Arntz and Pascal Birchler from Google, and Jeff Paul (Director of Open Source at web design firm 10up). As … Read more

If algorithms radicalize a mass shooter, are companies to blame?

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In New York court on May 20th, lawyers for nonprofit Everytown for Gun Safety argued that Meta, Amazon, Discord, Snap, 4chan, and other social media companies all bear responsibility for radicalizing a mass shooter. The companies defended themselves against claims that their respective design features – including recommendation algorithms – promoted racist content to a … Read more

Bitcoin profit taking lingers, but rally to $115K will liquidate $7B shorts

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Key takeaways: Bitcoin could turn parabolic if prices move above $115,000 to liquidate more than $7 billion in short positions. Onchain indicators enter overheated territory, suggesting prolonged profit-taking from BTC investors. Bitcoin (BTC) showed strength on May 27, briefly tagging $110,700 after a strong US equities market open and the Trump Media and Technology Group’s … Read more

XRP Bounces Back as Bulls Defend Key Technical Support

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Global economic tensions and trade disputes continue to influence cryptocurrency markets, with XRP demonstrating remarkable resilience despite recent capital outflows. The digital asset saw its market capitalization fluctuate from $137.5 billion to $133.39 billion before partially recovering to $135.86 billion, highlighting the ongoing volatility. Despite these challenges, XRP maintains position above critical technical support levels … Read more

GuardianGamer scales family-safe cloud gaming with AWS

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This blog post is co-written with Heidi Vogel Brockmann and Ronald Brockmann from GuardianGamer. Millions of families face a common challenge: how to keep children safe in online gaming without sacrificing the joy and social connection these games provide. In this post, we share how GuardianGamer—a member of the AWS Activate startup community—has built a … Read more

KindlyMD Acquires 21 Bitcoin Ahead of Merger with Nakamoto

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KindlyMD (NAKA), an integrated healthcare services provider, has pulled the trigger on its bitcoin BTC treasury strategy. The acquired 21 bitcoin for roughly $2.3 million at an average cost of $109,027, according to a Tuesday press release. The purchase was funded by exercising some of the company’s outstanding warrants. “Our first 1/millionth of all bitcoin, … Read more

Dogecoin Rebounds 5.5% as Whale Accumulation Fuels Bullish Momentum

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The cryptocurrency market is navigating choppy waters as geopolitical tensions and trade disputes create headwinds for digital assets. Despite broader market uncertainty, Dogecoin has demonstrated remarkable resilience, recovering from a significant dip to $0.220 and establishing strong support at the $0.222 level with nearly double the average 24-hour trading volume. This price action has formed … Read more

The HackerNoon Newsletter: Taking Your Phone Off the Grid: A Step-by-Step Guide (5/27/2025)

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How are you, hacker? 🪐 What’s happening in tech today, May 27, 2025? The HackerNoon Newsletter brings the HackerNoon homepage straight to your inbox. On this day, Lonnie Johnson Was Granted a Patent for the Super Soaker in 1986, The Golden Gate Bridge Opened in 1937, Sex Pistols Released ‘God Save the Queen’ in 1977, … Read more

Salesforce acquires Informatica for $8 billion

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Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities. The announcement, made Tuesday, comes about a year after early rumors of the acquisition sent both companies’ stock prices sliding. At the time, Informatica denied it … Read more