How plushies saved Pudgy Penguins from bankruptcy
From a six-month runway in 2022 to a projected $50 million in 2025 revenue, Pudgy Penguins beat the NFT crash with a risky bet on toys.
From a six-month runway in 2022 to a projected $50 million in 2025 revenue, Pudgy Penguins beat the NFT crash with a risky bet on toys.
BitMine Immersion Technology (BMNR), the bitcoin miner turned ether (ETH) treasury under Fundstrat’s Tom Lee’s leadership, said it added roughly $2 billion of tokens over the past week, bringing total holdings to near $5 billion. Bitmine’s ETH stash exceeded 1.15 million tokens as of Sunday evening, up from 833,137 the week before. BMNR shares were … Read more
Paramount has just snapped up the rights to the UFC, joining an industry-wide race to buy up remaining sports streaming rights. The $7.7 billion deal will bring 30 of the UFC’s “Fight Nights” and 13 marquee events to Paramount Plus subscribers for seven years starting in 2026 — no pay-per-view required. Paramount, which merged with … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4119.66, up 1.0% (+40.29) since 4 p.m. ET on Friday. Seven of 20 assets are trading higher. Leaders: LINK (+8.9%) and ETH (+3.3%). Laggards: HBAR (-3.4%) and UNI (-3.3%). … Read more
Polkadot’s DOT experienced considerable volatility in the 24-hour trading period with sharp declines wiping out earlier gains, according to CoinDesk Research’s technical analysis model. The model showed that DOT plummeted 6% in a dramatic 24-hour reversal from August 10 12:00 to August 11 11:00, declining from $4.15 to $3.91 amid exceptionally robust selling volume. Polkadot … Read more
South Korean traders poured $259 million into Ether-hoarding firm BitMine in July, making it the country’s most-purchased overseas stock.
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This 30W charger is available now, but only in Europe. Repairable phone manufacturer Fairphone has announced a new range of USB cables and chargers. While they’re not user-repairable, the company says that they’re more durable and sustainably manufactured than its previous peripherals. And even for people without a Fairphone device, they should make for a … Read more
The iPadBook doubles as a MacBook Air and an iPad Pro. | Screenshot: YouTube Apple has little interest in merging iPadOS and macOS, or bringing its desktop operating system to its touchscreen tablet. So a Chinese modder took it upon themselves to create a hybrid laptop they’re calling the iPadBook featuring both operating systems in … Read more
The global AI chip race narrative used to be about U.S. national security, but apparently now it’s about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make from sales of high-end AI chips to China in exchange for licenses to sell to those chips in the country, … Read more
Ransomware group Embargo has pulled in at least $34.2 million in various tokens since its emergence in April 2024, according to TRM Labs. The blockchain analytics firm says the ransomware group’s infrastructure and coding overlaps suggests it may be a likely rebranding of the defunct BlackCat (ALPHV) operation. The group operates a ransomware-as-a-service model, providing … Read more
Wozniak was impersonated by scammers on YouTube more than five years ago and has struggled to get justice for victims.
BNB Network Company, the treasury arm of CEA Industries (BNC), has announced the purchase 200,000 BNB tokens in a $160 million bet, making it the largest corporate holder of BNB. The move is part of the company’s new treasury strategy that will center exclusively on BNB, and comes after a recent $500 million private placement … Read more
Chainlink (LINK) has teamed up with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to bring foreign exchange and precious metals pricing data to blockchain networks. The partnership adds ICE’s Consolidated Feed, a dataset sourced from over 300 exchanges and marketplaces worldwide, to Chainlink Data Streams, which serve over 2,000 on-chain … Read more
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And I’m not talking about price action, although that’s pretty hot too.
Chainlink has partnered with NYSE-parent Intercontinental Exchange to integrate forex and precious metals data from ICE’s Consolidated Feed into Chainlink Data Streams.
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Disclaimer: The analyst who wrote this article owns shares in Strategy. Strategy (MSTR) adopted a bitcoin standard five years ago today, on Aug. 11, 2020, with its first purchase of 21,454 BTC for $250 million. The acquisition marked a historic shift in corporate treasury strategy. To that point, former AI and software development company had … Read more
Michael Saylor’s Strategy added another $18 million in Bitcoin last week to mark the fifth anniversary of its BTC buying strategy, bringing its total holdings to 628,946 BTC.
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For Matter, this year was never going to be about flashy new features. Other than support for security cameras, which I hear should finally arrive this fall, 2025 is all about fixing problems. And with Matter 1.4.2, announced today, the smart home standard is taking an encouraging step forward. Back in January, Tobin Richardson, president … Read more
Hyundai’s latest Ioniq 5 model. Hyundai is now offering an “optional” security upgrade for the Ioniq 5 in the UK that prevents the car being stolen with a Game Boy-like device. Hyundai wants some Ioniq 5 owners to pay a £49 ($65) to upgrade hardware and software components to prevent thieves using handheld devices to … Read more
When Cursor switched to usage-based pricing, my monthly cost jumped 700% because I rely heavily on Claude. To avoid future surprises, I built and open-sourced a Python-based CLI (also published as a Node package) that tracks real-time token usage for Cursor and Claude Code, syncs to a Django dashboard, and even ranks models globally based … Read more