Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up from the $5.5 billion valuation it landed a little over a year ago when it raised its previous round, also $500 million. Toronto-headquartered Cohere was one of the first breakout LLM model makers,…
BtcTurk, one of Turkey’s largest cryptocurrency exchanges, has suffered a $48 million hack that targeted its hot wallets. The company initially paused crypto deposits and withdrawals, though fiat trading and lira transactions remained online. What started as a vague “technical issue” was quickly revealed to be something far more serious. Outside analysts flagged it as…
Connections: Sports Edition is a new version of the popular New York Times word game that seeks to test the knowledge of sports fans. Like the original Connections, the game is all about finding the “common threads between words.” And just like Wordle, Connections resets after midnight and each new set of words gets trickier…
The crypto bull market is gaining momentum – and the exchanges leading the charge are thriving through explosive volume growth, product rollouts, and strategic pivots. Here’s who’s on top as of mid-August 2025 – and why they’re poised to ride the next wave. The Crypto Exchanges Dominating 2025 The first half of 2025 saw relatively…
There is a significant derivatives market shift on Binance as Bitcoin fell from $124K to below $118K. The exchange’s open interest (OI) plunged by 5% within hours, which means that many traders rapidly exited positions or closed leverage in reaction to the sudden price drop. Local Bottom Such a behavior reflects a swift change in…
One of my biggest gripes about the sex toy industry—and the tech industry for that matter—is that there’s a lot of iteration. New versions of already great products arrive every few years, with very minor changes, and you’re left wondering what the latest brings to the table outside of a higher price. Many sex toy…
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Hyperliquid has set fresh records in trading activity as HYPE hovers near its all-time high, raising the question of whether another rally is imminent. Summary Hyperliquid set new records with $29B in 24h trading volume and $7.7M in fees. HYPE is up 19% in the past week, now $48.57, just 1.1% below its $49.75 ATH…
Russian hackers briefly hijacked a dam in Norway in early April and spilled millions of gallons of water before the attack was stopped, Norway’s spy chief revealed Thursday. The hackers opened a floodgate at the Bremanger dam in western Norway to release the equivalent of about three Olympic-sized swimming pools of water during the four…
Instead of creating a broad exemption framework for cryptocurrency exchanges, the South African central bank plans to release a new framework later this year focused on cross-border crypto asset transfers. Key Details of Proposed Framework South Africa is taking significant steps towards regulating cryptocurrency transactions, as highlighted by Finance Minister Enoch Godongwana’s recent statements. Rather…
