Robinhood completes $200M acquisition of crypto exchange Bitstamp
Robinhood has acquired the world’s longest-running crypto exchange, Bitstamp, for $200 million, expanding its institutional crypto offerings to Europe, the UK and Asia.
Month: June 2025
Crypto broker FalconX acquires majority stake in Monarq — Report
FalconX has made other moves in 2025, acquiring derivatives startup Arbelos Markets and partnering with Standard Chartered.
The Future is Visual: The Image Search Revolution
Imagine looking for a specific type of clothing, not by describing it, but by showing a picture of something that looks like it. Or finding a hard-to-find bird among an enormous group of pictures, by simply submitting a photo. We’re moving beyond keywords and leveraging the power of visual resemblance, opening up a universe of … Read more
Valla raises $2.7M to make legal recourse more accessible to employees
Even for someone with a cushy tech job, the prospect of going against their company is daunting. That bothered Shell so much that in 2022, she launched Valla, which seeks to make legal support more accessible to workers.
Meta’s $10 Billion Bet: Building an Undersea Cable Empire to Power Its AI Future
The internet doesn’t run on satellites or Wi-Fi alone, it runs through a web of undersea cables stretching across the ocean floor. 99% of global internet traffic – your DMs, video calls, cat memes zips through fiber optic cables laid across ocean floors. For decades, telecom giants and governments have been the gatekeepers of these digital … Read more
Crypto Lobbyists Urge U.S. Senators to Dodge Distraction in Stablecoin Debate
The U.S. Senate’s stablecoin bill is heading back into the final days of floor debate, and the crypto industry’s Washington lobbyists are calling for senators to stay focused on the task even as other legislative efforts muscle into the debate. If the bill clears those potential obstacles and passes this week, it’ll mark the first … Read more
Microsoft will finally stop bugging Windows users about Edge — but only in Europe
Microsoft’s changes in response to the Digital Markets Act already included allowing Windows machines in the regions it covers to uninstall Edge and remove Bing results from Windows search, but now the list is growing in some meaningful ways. New features announced Monday for Microsoft Windows users in the European Economic Area (the EU plus … Read more
Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI
If you’ve ever been locked out of your work computer, you know the urgent need to reach IT support. Unfortunately, helpdesk staff are often busy assisting others, which can mean a significant delay before you regain access. Andrei Serban realized the critical importance of IT’s manual work when he was a product lead on Rippling’s … Read more
Ethereum Foundation lays off staff, rebrands core team
The Ethereum Foundation has restructured its core development team and reduced headcount to focus on scaling and user experience.
Ukraine’s drone strike isn’t just an attack — it’s first-person warfare
Russian Governor Igor Ivanovich Kobzev shares an image of the strike’s aftermath in the Irkutsk region. | Image: Telegram Ukraine launched a surprise attack on Russia that targeted more than 40 of the country’s military aircraft on Sunday. The mission, called Operation Spiderweb, involved sending 117 drones over Russia’s borders and into several of its airfields. … Read more
AI’s Power Consumption Will Dwarf Bitcoin by Year’s End, Says Study
Research reveals that AI could consume nearly half of data center electricity by the end of 2025—making Bitcoin’s environmental critics look the other way.
SOL Strategies reports Q2 net loss of $3.5M while staking, validating revenue surge
In addition to buffering its SOL holdings, SOL Strategies added SUI to its balance sheets and decreased exposure to Bitcoin in Q1 2025.
Ethereum Should Scale by 10X Over the Next Year: Vitalik Buterin
Even with layer-2 networks growing in use, Ethereum co-founder Vitalik Buterin said that the layer-1 should scale substantially—and soon.
Texas Right to Repair bill passes, heads to the governor’s desk
iPhone repair kit (2022) Texas moved closer to becoming the next state with a right to repair law on the books, as the state Senate unanimously voted 31 – 0 to finalize HB 2963 this weekend. It would require manufacturers to make spare parts, manuals, and necessary tools available for equipment sold or used in … Read more
Tether, Bitfinex Move $2.7 Billion in Bitcoin to Twenty One Capital
The transfers were expected, based on a social media post from Twenty One Capital CEO Jack Mallers.
Former DreamWorks CEO Jeffrey Katzenberg co-leads $15.5M Series A for AI video ad platform
DreamWorks co-founder Jeffrey Katzenberg’s venture fund WndrCo co-led a $15.5 million Series A round for Creatify, an AI video ad platform. Creatify’s AdMax platform uses AI to quickly generate dozens of video advertisements, which are geared toward social media marketing — AdMax analyzes high-performing social video campaigns on apps like TikTok and Instagram to shape … Read more
Ethereum Foundation Lays Off Some Staff Amid R&D Restructuring
The Ethereum Foundation has laid off some members of its research and development team as part of a broader restructuring effort aimed at refocusing on critical protocol design challenges, the organization said in a blog post Monday. The shake-up comes as the Switzerland-based nonprofit grapples with ongoing criticism over its management and strategic direction. Some … Read more
My AI skeptic friends are all nuts
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Why This Publicly Traded Solana Treasury Company Now Has Its Own Liquid Staking Token
As part of its growing Solana embrace, including a nearly $100 million treasury, DeFi Development Corp. now has its own liquid staking token.
Google Wallet is losing access to PayPal
Google Wallet will soon no longer let you pay with your PayPal account in the US. On a help center page spotted by Android Authority, Google says it will stop supporting the payment method and automatically delete linked PayPal accounts on June 13th, 2025. The company has also stopped letting users link PayPal accounts to … Read more
INE Alert: $16.6 Billion In Cyber Losses Underscore Critical Need For Advanced Security Training
Cary, North Carolina, June 2nd, 2025/CyberNewsWire/–INE Security, a global leader in cybersecurity training and certification, is emphasizing the urgent need for technical cybersecurity professionals who can detect, analyze, and neutralize threats once they’ve bypassed initial defenses. The FBI’s latest Internet Crime Complaint Center (IC3) Annual Report reveals a stark reality: cybercriminals extracted a record $16.6 … Read more
Rivian wants to make EV charging faster, smarter, and easier
Rivian is overhauling the charging experience for its EV customers, offering them more information about how their battery-powered vehicles take in and use energy. The automaker is rolling out a software update to its vehicles and smartphone app that aims to give its customers a more thorough and holistic view of their vehicle’s charging capabilities, … Read more
Microsoft Bing gets a free Sora-powered AI video generator
Microsoft Bing announced today that it is introducing the Bing Video Creator to its app, which uses OpenAI’s Sora model to let users generate videos from text prompts. OpenAI, which has a longstanding partnership with Microsoft, has locked down access to Sora‘s video generation for paying customers only. Its integration in Microsoft Bing represents the … Read more
Refactoring 029 – How to Replace NULL With Collection
Transform optional attributes into empty collections for cleaner, safer, and polymorphic code, banishing the billion-dollar mistake TL;DR: Replace nullable optional attributes with empty collections to eliminate null checks and leverage polymorphism. Problems Addressed 😔 Nulls reference exceptions Excessive conditional logic and IFs Fragile error handling Optional Attributes Complex validation code Polymorphism Violation Related Code Smells … Read more
Snowflake to acquire database startup Crunchy Data
The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment … Read more