Bitcoin rallies above $106K but 3 key actions must happen for new all-time highs
Bitcoin kicked off 2025 with a bang, but a fresh set of factors needs time to congeal before BTC price can chase new highs.
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Meta’s Ray-Bans smart glasses sold more than 1 million units last year
Meta CEO Mark Zuckerberg revealed sales figures for the companyâs Ray-Ban smart glasses for the first time, telling employees that over 1 million units were sold in 2024. In remarks during an all-hands meeting seen by The Verge, Zuckerberg posed a question to staff about whether sales would go from 1 million to as much … Read more
India to launch generative AI model in 2025 amid DeepSeek frenzy
Union IT Minister Ashwini Vaishnaw said he is not worried about US export controls on high-performance computing chips from Nvidia.
Arkansas Senate rejects mining facility zoning restriction bill
The original bill argued that mining facilities could pose a national security risk by compromising US military installations.
Apple reports best-ever earnings even as iPhone revenue slips
As has become an annual tradition, Apple just reported blockbuster earnings for the company’s most recent holiday quarter. “Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up four percent from a year ago,” CEO Tim Cook said in a press release. Revenue was up nearly across the board for the … Read more
OpenAI said to be in talks to raise $40B at a $340B valuation
OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the … Read more
Tether’s USDT Is Coming to Bitcoin and the Lightning Network
The largest stablecoin is integrating with the Bitcoin network, Tether Paolo Ardoino announced at a Bitcoin conference in El Salvador.
Controversial genetics testing startup Nucleus Genomics raises $14M Series A
The company, founded by 25-year-old Kian Sadeghi, announced a $14 million Series A, bringing its total funding to about $32 million. © 2024 TechCrunch. All rights reserved. For personal use only.
Fintech startup Cushion shuts down after 8 years and over $20 million in funding
Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to … Read more
Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks
San Salvador — Tether, the crypto company behind the largest stablecoin, is introducing its $140 billion USDT token to Bitcoin — the blockchain that underpins the largest and oldest cryptocurrency — and Bitcoin-based scaling service Lightning Network, the company posted on X on Thursday. Stablecoins are a $200 billion digital asset class with their prices … Read more
Intel foundries lost $13 billion last year, but its losses are no longer historic
Last quarter, amid turmoil and restructuring, chipmaker Intel announced one of the largest corporate quarterly losses of all time — $16.6 billion, ten times worse than its $1.6B loss the quarter before. But in today’s Q4 2024 and full-year earnings release, Intel’s not hurting as badly: the company just announced a mere $126 million quarterly … Read more
Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations
Memecoin generator Pump.fun was hit with another proposed class action lawsuit on Thursday, accusing the company and its executives of raking in nearly $500 million in fees while violating U.S. securities laws. The suit, filed in the Southern District of New York (SDNY), hinges on the crypto industry’s biggest lingering question — when is a token … Read more
Serial founder DIVINE launches creator app with hip hop legend RAKIM
Serial entrepreneur and recording artist Victor D. Lombard, also known as DIVINE, announced this week the launch of a new company, in partnership with RAKIM, one of hip-hop’s most influential emcees. The company is called Notes, a fintech specifically for independent urban musicians and creators. It provides the knowledge and tools to help artists manage … Read more
Metaplanet to buy 21K Bitcoin, Korean exchange users up 450%: Asia Express
Japan’s Metaplanet set to become third largest corporate holder of Bitcoin, as new Korean exchange accounts surge 450%. Asia Express
UFC Instagram Hack Pummels Buyers of Illegitimate Solana Meme Coin
After UFC’s Instagram was hacked to promote a pump-and-dump Solana meme coin scam, the attackers got away with $1.4 million in profit.
AngelSense exposed location data and personal information of tracked users
The exposed database was connected to the internet without a password, exposing GPS coordinates, names, phone numbers, and postal addresses. © 2024 TechCrunch. All rights reserved. For personal use only.
Google’s ‘Ask for Me’ feature calls businesses on your behalf to inquire about services, pricing
Google is testing a new “Ask for Me” feature that uses AI to call local businesses on your behalf, for information about availability and pricing. The feature is available on desktop and mobile for users who have opted into the company’s Search Labs experiments. The idea is to help users access information without having to … Read more
Solana stablecoin supply up 73% since TRUMP launch: CCData
The memecoin launch attracted hundreds of thousands of new onchain users, propelling Solana to become the third-largest blockchain network by stablecoin supply.
Binance claims ‘no special relationship’ with Hamas, argues to dismiss lawsuit
A complaint filed in January 2024 alleged that Binance, Changpeng Zhao, Iran and Syria provided “substantial assistance” that contributed to Hamas’ October 2023 attacks on Israel.
Amazon Music Unlimited is getting a price hike
Amazon has raised the price of its Music Unlimited service in the US, Canada, and the UK, as reported by The Hollywood Reporter. In an update on its website, Amazon says it’s raising the price for Prime members from $9.99 to $10.99 per month (or $99 to $109 / year), while the plan for non-Prime … Read more
Streaming services keep getting more expensive: all the latest price increases
There’s more good stuff to watch than ever — if you can afford it. | Image: Amazon Death. Taxes. All your streaming services getting a little more expensive all the time. These are the new certainties in life, it seems. In recent years, as the streaming TV and movie business has gotten more competitive and … Read more
The FCC is investigating NPR and PBS
Federal Communications Chair Brendan Carr has ordered investigations into NPR and PBS with the goal of slashing the money given to the government-funded organizations, The New York Times reports. The investigations are ostensibly about PBS and NPR’s member stations’ sponsorships, according to a letter from Carr obtained by the Times. “I am concerned that NPR … Read more
‘Deadrop’ Game Studio Shutting Down Following Dr. Disrespect Dismissal
Midnight Society, the developer behind Deadrop, confirmed Thursday that it’s closing up shop after splitting with its famous co-founder.
Kraken restores staking services in US after 2-year hiatus
Kraken was one of the many crypto firms targeted by the Securities and Exchange Commission under former Chair Gary Gensler’s leadership.
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The best TV deals to upgrade your setup ahead of the Super Bowl
Missed out on all the terrific TV deals we saw during Black Friday and Cyber Monday? That’s okay, because the weeks leading up to the Super Bowl have historically been one of the better times of the year to snag a discounted set. In fact, Amazon, Best Buy, Woot, and a number of retailers are … Read more
SBF’s parents seek pardon from President Trump: Report
SBF’s parents, Joseph Bankman and Barbara Fried, are reportedly exploring the possibility of putting their son’s case before President Trump for clemency.
Is Tesla still a car company?
On an earnings call last night, Tesla CEO Elon Musk spent a lot of time talking up his companyâs plans to âgo ballisticâ on artificial intelligence, and very little time on Teslaâs core business, which is making and selling electric cars. There was so little attention paid to Teslaâs automotive business, that even a bunch … Read more