Bank of America (BAC) sees tokenization, the creation of a virtual investment vehicle on the blockchain linked to a tangible asset, as the next phase in the evolution of investment products, describing it as “mutual fund 3.0,” the Wall Street bank said in a Friday report. Just as mutual funds first emerged in 1924 and … Read more
When you design for people instead of institutions, you don’t just build a product. You build a movement. That’s the idea behind this Builders Stage session called “Creating Communities and Companies That Last.”
Elon Musk could become the world’s first trillionaire if Tesla shareholders approve a new pay package that was just put forward by the company’s board. Musk would need to meet certain milestones in order to receive that eye-popping compensation, such as producing 1 million robotaxis and 1 million humanoid robots, as well as increase Tesla’s … Read more
A shareholder proposal would allow Tesla to invest in Elon Musk’s rival AI firm, xAI if approved. Tesla’s board didn’t recommend one way or another.
Stablecoin operator Tether is expanding its bullion bets as El Salvador makes its first gold purchase in decades to diversify reserves.
The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission plan to hold a joint roundtable as a next step in their efforts to make the U.S. markets friendlier to financial firms, including crypto businesses. The heads of the agencies — SEC Chair Paul Atkins and Acting CFTC Chair Caroline Pham — announced a … Read more
If you want to get in front of more than 10,000 startup and VC leaders, connect with media, and generate a nonstop pipeline this October, you need to act now.
This is Optimizer, a weekly newsletter sent every Friday from Verge Senior Reviewer Victoria Song that dissects and discusses the latest phones, smartwatches, apps, and other gizmos that swear they’re going to change your life. Optimizer arrives in our subscribers’ inboxes at 10AM ET. Opt in for Optimizer here. I’ve been thinking ahead to Apple’s … Read more
Crypto exchange Bybit has become the first crypto exchange to debut stablecoin payments for regulatory fees in Kazakhstan’s AIFC.
The $1-to-Bitcoin-millionaire story is mostly a myth. Discover why early buyers faced extreme volatility, exchange collapses, lost private keys and more.
Thumzup Media, the Nasdaq-listed company backed by Donald Trump Jr., is making a major bet on retail favourite dogecoin (DOGE) with plans to deploy 3,500 Dogecoin mining rigs by year-end. The expansion is expected to come through a pending acquisition of Dogehash, a miner focused on the Scrypt algorithm that secures both Dogecoin and Litecoin. … Read more
OnlyFans and Pornhub creator accounts may be harder to secure than a crypto account, but stricter hurdles don’t always mean stronger KYC.
Trump Media and Technology Group (DJT), the parent of Truth Social linked to U.S. President Donal Trump, closed a purchase agreement with crypto exchange Crypto.com that gives it 684.4 million Cronos (CRO) tokens. The $105 million transaction, split between cash and stock, amounts to about 2% of the circulating supply of the token, the firms … Read more
PayPal’s crypto checkout and global regulatory clarity signal the next phase: payments that work invisibly, not speculation that demands attention.
Lawmakers are faced with a choice to block the creation of a US digital dollar due to privacy concerns, though critics argue the fight is more about politics.
Can AI help “smooth over” discussion on abortion, racism, immigration, or Israel-Palestine? Columbia University sure hopes so. The Verge has learned that the university recently began testing Sway, an AI debate program currently in beta. Developed by two researchers at Carnegie Mellon University, Sway matches up students with opposing views to chat one-on-one about hot-button … Read more
Belarusian President Aleksandr Lukashenko instructed lawmakers to create clear and transparent rules for the country’s cryptocurrency market.
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 4081.41, up 3.0% (+120.44) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: SUI (+5.0%) and FIL (+4.5%). Laggards: AAVE (+1.1%) and XRP (+2.3%). The … Read more
Table of Links Abstract and 1. Introduction Bitcoin and the Blockchain 2.1 The Origins 2.2 Bitcoin in a nutshell 2.3 Basic Concepts Crypto Exchanges Source of Value of crypto assets and Bootstrapping Initial Coin Offerings Airdrops Ethereum 7.1 Proof-of-Stake based consensus in Ethereum 7.2 Smart Contracts 7.3 Tokens 7.4 Non-Fungible Tokens Decentralized Finance and 8.1 … Read more
Bose will now let you turn ANC off on its new QuietComfort Ultra headphones, boosting battery life to up to 45 hours. | Image: Bose Bose has announced a second-generation version of its QuietComfort Ultra wireless headphones that it introduced nearly two years ago. The name is the same, but the new one finally adds … Read more
I wrote that no one should buy MSI and Intel’s original handheld gaming PC. I literally called it an embarrassment, and the company blacklisted me after that. MSI stopped pitching me news, and stopped answering my emails, even after the company began to write off its dud of a handheld. So you can imagine my … Read more
Comments
This year’s IFA seems to be all about putting one piece of tech inside another piece of tech. Motion sensing inside of light bulbs. Projectors inside of party speakers. And my personal favorite: a robot that’s built to ferry another robot. This week on The Vergecast, we’re talking about our favorite tech (so far!) from … Read more