BNB Over Bitcoin? Chinese Company’s Stock Skyrockets on $1 Billion Crypto Treasury Plan
Could BNB be the next cryptocurrency after Bitcoin to trend big on Wall Street? Two companies have announced treasury plans this week.
Month: June 2025
Many senators absent from ‘bipartisan’ crypto market structure hearing
Only five US senators out of the 11 typically on the digital assets subcommittee were available to ask questions about a potential market structure bill.
FalconX joins Crypto.com as partner for Lynq institutional settlement network
Rising institutional interest in crypto may include the settlement sector, especially stablecoins, which have seen a 55.5% growth in market cap in one year.
A nasal spray company wants to make it harder for the FTC to police health claims
In the midst of the covid-19 pandemic, a health products company called Xlear began advertising its saline nasal spray to people desperately searching for ways to protect themselves from a new virus. In its marketing, Xlear pointed to studies that it said supported the idea that ingredients in the spray could block viruses from sticking … Read more
MindsEye developer undergoing layoffs less than a month after launch
Build a Rocket Boy has confirmed previous reports from IGN that it is undergoing layoffs less than a month after the tumultuous release of its first game MindsEye. The Verge reached out to Build a Rocket Boy to confirm the layoffs, but they did not respond. In a statement made to IGN, Build A Rocket … Read more
Pompliano Bitcoin Treasury ProCap Buys $395 Million in BTC
The firm, which intends to go public via a SPAC deal with Columbus Circle Capital, added 3,724 Bitcoin to its balance sheet this week.
Til Death Do Us Part: The Weirdest Meme Coin Livestreams We’ve Seen Just This Week
Solana token launchpad Pump.fun is heating up with wild livestreams, including a wedding and one guy saying “Pumpfun” a million times.
The US is stripping its forests of decades-old protections
The Tongass National Forest on Prince of Wales Island, Alaska, Friday, July 2, 2021. | Photo: Getty Images The Trump administration wants to open up tens of millions of acres of national forest to development. The US Department of Agriculture (USDA) announced yesterday that it’s rescinding a landmark rule that prevents road construction and timber … Read more
India’s GoKwik raised a small $13M round for a hefty leap in valuation
GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced … Read more
New data highlights the race to build more empathetic language models
Measuring AI progress has usually meant testing scientific knowledge or logical reasoning – but while the major benchmarks still focus on left-brain logic skills, there’s been a quiet push within AI companies to make models more emotionally intelligent. As foundation models compete on soft measures like user preference and “feeling the AGI,” having a good … Read more
Why Most AI Agents Fail in Production (And How to Build Ones That Don’t)
When I first started building AI agents, I made the same mistake most people do: I focused on getting a flashy demo instead of building something that could actually survive in production. It worked fine at first. The prototype looked smart, responded fast, and used the latest open-source libraries. But the minute it hit a … Read more
Ether liquidity sits above $2.5K: Will ETH bulls grab it?
Ether gains bullish momentum as technical indicators, rising ETF inflows, and a potential capital rotation from Bitcoin signal a possible breakout above $2,500.
IoT and AI: Coming Together
IoT or the Internet of Things has been in the news for quite some time now, even as AI or Artificial Intelligence has, of late, taken the world by storm. The coming together or convergence of these two technologies promises to usher in a new technological era dominated by what is known as AIoT or … Read more
Facebook Group admins complain of mass bans; Meta says it’s fixing the problem
After a wave of mass bans affecting Instagram and Facebook users alike, Meta users are now complaining that Facebook Groups are also being impacted by mass suspensions. According to individual complaints and organized efforts on sites like Reddit to share information, the bans have affected thousands of groups both in the U.S. and abroad and … Read more
In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B
Abridge nabbed $300 million Series E led by a16z, months after it closed its previous $250M fundraise.
The All-In Podcast’s $1,200 tequila has already sold out
The VCs, pod bros, and self proclaimed “besties” of the All-In podcast launched their own tequila brand on Saturday night and it promptly sold out.
Largest Bitcoin Leverage Unwind in Nearly a Year Triggered by Iran-Israel Tensions
Notional open interest in BTC perps saw the sharpest decline since the yen-led global market crash in August 2024.
Bitcoin rebounds to $105K as Coinbase premium hits second 2025 high
Bitcoin recovers as the Coinbase premium soars, but retail investors’ inflows are rising at Binance, and open interest is falling, proving that traders remain cautious.
The Titan 2 is a modernized BlackBerry with 5G, Android, and a second screen
It might look like a BlackBerry Passport, but this keyboard phone runs Android. | Image: Unihertz Despite the demise of the BlackBerry, there’s still a demand for smartphones with physical keyboards, if successful products like the Clicks keyboard case are any indication. Unihertz, a Chinese company best known for its small Android handsets, has announced … Read more
This 55-inch QLED TV is on sale for $565 and looks like a picture frame when it isn’t being used
With Amazon’s Prime Day just a few weeks away, we’re already starting to see deals on TVs ahead of the four-day event. If you want to get a head start on your shopping, TCL’s subbrand, iFFALCON, has dropped the price of its 55-inch QLED 4K Mural TV to a new low price at Amazon. It … Read more
FinTech Digital Asset Raises $135M for Its Institutional Blockchain Canton Network
DRW Venture Capital and Tradeweb Markets led the funding round, which also included Circle Ventures, Goldman Sachs, and Citadel Securities.
NYC mayor lays out crypto plans as city residents vote in Democratic primary
Mayor Eric Adams criticized Andrew Cuomo’s approach to crypto as New York governor, as voters in the Democratic primary prepare to choose their candidate for the November election.
Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate
Bitcoin mining firm Hut 8 (HUT) said on Tuesday that it expanded its bitcoin-backed credit facility with Coinbase Credit to $130 million, up from $65 million. The amended agreement also comes with a fixed interest rate of 9% versus the previous floating rate of between 10.5% and 11.5%. The maturity of the facility was extended … Read more
Apple Wallet notifications for an F1 movie promotion ticked off iPhone owners
Apple poured some good money into making F1 – a Formula 1 racing movie starring Brad Pitt – and it wants its customers to know that. To that end, many people, including some Verge staffers, noticed an unusual Apple Wallet notification this morning that’s both an advertisement and promotion for the film. The notification prompts … Read more
Paramount Plus with Showtime is getting a rebrand
“Paramount Plus with Showtime” has always been one of the more awkward bits of branding to come out of the streaming era, but soon subscribers will know the tier by another name. This week Paramount informed Paramount Plus subscribers that Paramount Plus with Showtime — the platform’s most expensive tier that features Showtime programming and … Read more