K33 Executes First Bitcoin Purchase Under New Treasury Strategy

K33, a Sweden-based digital asset brokerage and research firm, announced its first transaction under a newly launched bitcoin treasury strategy with the acquisition of 10 BTC for approximately SEK 10 million ($1 million). This marks the initial step following K33’s commitment of SEK 60 million ($6 million) toward bitcoin investments. CEO Torbjørn Bull Jenssen commented … Read more

Speedata, a chip startup competing with Nvidia, raises a $44M Series B

Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The Series B round was led by its existing investors, including Walden Catalyst Ventures, 83North, Koch Disruptive Technologies, Pitango First, … Read more

Wyze’s latest smart bulb is also a camera

The new Wyze Bulb Cam adds a camera to a smart bulb. Wyze’s new security camera is attached to a lightbulb. The smart home company has devised a genius, if janky-looking, solution to illuminating your porch or patio with light while also keeping an eye on potential prowlers. The Wyze Bulb Cam ($49.98) is a … Read more

Kraken Unveils White-Glove Prime Brokerage Service for Crypto Institutions

Global cryptocurrency exchange Kraken has unveiled a prime brokerage service for institutional crypto traders, offering best execution, deep liquidity, financing and 24/7 white-glove support, the company said on Tuesday. Kraken Prime offers access to liquidity representing over 90% of the digital asset market across more than 20 global venues, with round-the-clock support from an experienced … Read more

Bittensor’s Decentralized AI Studio, Yuma, Comes to University of Connecticut

Yuma, a development studio and accelerator for decentralized AI (deAI) network Bittensor, has partnered with the University of Connecticut (UConn) to create a building program focused on pooling together specialized machine learning called “BittBridge.” The partnership with Yuma will give a student-led team the opportunity to work toward operating and developing a project on Bittensor … Read more

Tether Invests in Chilean Crypto Exchange Orionx to Drive Latin American Adoption

Stablecoin issuer Tether has announced a strategic investment in Orionx, a cryptocurrency exchange based in Chile that operates in Peru, Colombia, and Mexico. The investment closes Orionx’s Series A raise, which was led by Tether. The exchange also raised an undisclosed amount in 2023 in a round led by Bitfinex, Tether’s sister company. Tether will … Read more

The Verge’s guide to an easier move

Most of us are familiar with the three basics of moving: packing, moving, and unpacking. But there are a multitude of things to be done both before and after a move that demand just as much of our attention — and for many of these, there are ways that tech can help. In this special … Read more

Testing USB Hub Throughput

I recently purchased several USB hubs advertised as supporting 10 Gbps speeds and decided to test their actual performance. Abstract: I bought some USB hubs that declare 10 Gbps and wanted to test them. In my experience, USB-related equipment often fails to deliver the advertised speeds, leading to slower-than-expected data transfers. 1 Purchasing Auxiliary USB … Read more

Robinhood Completes $200M Acquisition of Crypto Exchange Bitstamp

Robinhood (HOOD) has completed the acquisition of European crypto exhange Bitstamp for $200 million. The logos on Bitstamp’s website and app have been updated to read “Bitstamp by Robinhood.” The deal, which was first announced in June of last year, gives Robinhood an entry into the global crypto trading market, both retail and institutional. Founded … Read more

XRP Ledger Payments Count Falls to Lowest Since October as XRP Fails to Keep With Bitcoin

Activity on the XRP Ledger, a decentralized public blockchain designed for quick, cost-effective real-time transfer of XRP, fiat currencies and other digital assets, has slowed considerably since the first quarter. The number of payment transactions, representing the transfer of value from one account to another, dropped to 320,747 at press time, the lowest since October … Read more