Month: May 2025
NYC Mayor Eric Adams launches crypto advisory council
New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it as the “crypto capital of the globe.” “This is not about chasing memes or trends,” Adams told the inaugural New York City Crypto Summit on May 20. “We want … Read more
SEC Charges Unicoin, Top Executives With $100M ‘Massive Securities Fraud’
The U.S. Securities and Exchange Commission sued crypto company Unicoin and three executives on Tuesday night on fraud charges, saying the company raised over $100 million for tokens that were not actually backed by the real estate its executives claimed. The SEC sued Unicoin, CEO Alexander Konanykhin, former board chair Maria Moschini, senior vice president … Read more
SEC charges Unicoin and executives for alleged $100 million fraud
The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex … Read more
Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury
Vivek Ramaswamy’s Strive is looking to build its Bitcoin holdings by purchasing distressed Bitcoin claims at a discount, starting with claims tied to 75,000 Bitcoin at the bankrupt crypto exchange Mt. Gox. Strive said in a May 20 regulatory filing that it partnered with 117 Castell Advisory Group LLC to target claims to Bitcoin (BTC) … Read more
Google Launches SynthID Detector to Catch Cheaters in the Act
Google’s SynthID Detector scans media for watermarks to expose AI-generated content as its use becomes widespread in the classroom.
Luminar kicks off another round of layoffs amid CEO’s sudden resignation
Luminar, the lidar company founded by recently replaced CEO Austin Russell, is going through another restructuring, according to a recent regulatory filing. This new round of layoffs, which the company did not provide figures for, follows extensive cuts to the workforce in 2024. Luminar cut about 30% of its workforce in 2024, a reduction that … Read more
The value isn’t in the code (2022)
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Google’s Sergey Brin: ‘I made a lot of mistakes with Google Glass’
Google co-founder Sergey Brin said he “made a lot of mistakes with Google Glass” during an onstage interview at Google I/O 2025 on Tuesday. Brin was a surprise addition to an interview with Google DeepMind CEO Demis Hassabis conducted by Big Technology Podcast’s Alex Kantrowitz. Brin went on to say he “didn’t know anything about … Read more
Argentine President Milei Shutters Task Force Investigating Libra Meme Coin Scandal
The Argentine government has dismantled the body tasked with investigating the Libra cryptocurrency launched by President Javier Milei.
SEC Punts on XRP, Dogecoin ETF Decisions
The funds are part of a wave of altcoin-based investment products proposed by issuers in recent months.
Instagram Addiction
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Fortnite is back on US iPhones again
Fortnite is once again available on the iOS App Store in the US, according to Epic Games. You can get it from the App Store here. Epic says it has returned to the Epic Games Store and AltStore as well. Apple kicked Fortnite off the App Store nearly five years ago after Epic Games added … Read more
Apex Group Buys Majority Stake in Tokenization Specialist Tokeny as RWA Trend Soars
Apex Group, a financial services provider with more than $3 trillion in assets under administration, said on Tuesday it had acquired a majority stake in Tokeny, a Luxembourg-based firm that helps institutions tokenize real-world assets (RWA) on public blockchains. According to the deal, Apex expects to take full ownership of Tokeny over the next three … Read more
Nvidia’s Future Vision: ‘AI Factories’ With Millions of Agents and Robots Working With Humans
Nvidia CEO Jensen Huang shared a bold vision of the future this week, envisioning data centers turning into collaborative “AI factories.”
Google commits $150M to develop AI glasses with Warby Parker
Google says it will commit up to $150 million to the consumer eyewear company Warby Parker to jointly develop AI-powered smart glasses based on Android XR, the companies said on Tuesday during Google I/O 2025. Google has already committed $75 million to Warby Parker’s product development and commercialization costs, the companies said in a press … Read more
Bitcoin Price Jumps to $107K With All-Time High Mark in Sight
Bitcoin is less than 2% away from its all-time high price, hitting $107,000 on Tuesday for the first time since January.
We tried on Google’s prototype AI smart glasses
Proof that there’s a display. Here in sunny Mountain View, California, I am sequestered in a teeny tiny box. Outside, there’s a long line of tech journalists, and we are all here for one thing: to try out Project Moohan and Google’s Android XR smart glasses prototypes. (The Project Mariner booth is maybe 10 feet … Read more
Amanda Scales, a Musk hire who helped lead DOGE, has returned to xAI
Amanda Scales, the former xAI HR exec who helped lead billionaire Elon Musk’s Department of Government Efficiency initiative while working at the U.S. Office of Personnel Management, recently returned to xAI, according to The New York Times. Scales used to work on talent acquisition at xAI. Since April, she’s worked on the talent side of … Read more
Musk says Tesla’s self-driving tests will be geofenced to ‘the safest’ parts of Austin
The first test of Tesla’s long-promised robotaxi service in Austin, Texas next month will initially be limited to specific areas the company deems “the safest,” CEO Elon Musk told CNBC in an interview Tuesday. Tesla’s cars are “not going to take intersections unless we are highly confident [they’re] going to do well with that intersection, … Read more
Google starts beta testing Android 16’s youthful new look
Google has announced it’s rolling out the colorful new Android 16 interface for beta testers as reported by 9to5Google. The QPR1 beta includes the company’s Material 3 Expressive design language revealed officially last week and includes new visuals for the launcher, notifications, lock screen, and a very Apple-inspired quick settings page. QPRs, or quarterly platform … Read more
Justin Sun to attend Trump's dinner with memecoin backers
After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president. In a May 19 X post, Sun said he had received an invitation … Read more