Robert Downey Jr. spent years playing a tech billionaire who could summon digital displays with a wave of his hand. Now, his latest role brings a little of Tony Stark’s world to life. The actor has joined Specs, Snap’s augmented reality glasses business, as its honorary chief customer experience officer. Announced Oct. 20, the partnership…
Stablecoin shopping has drawn a pitch for randomized retail purchases after Peter of 1kx predicted a $10 billion-plus business opportunity and Josip Volarević described SP3ND’s work on a gacha buying experience. Summary SP3ND’s published rules require identity checks for orders worth $10,000 or more. Josip Volarević described randomized shopping as development work, without providing a…
Meta CEO Mark Zuckerberg has agreed to keep living in Silicon Valley for eight years, potentially exposing himself to billions of dollars in one-time taxes if California voters approve a contentious ballot measure next month, according to a company regulatory filing released Wednesday. During a dinner with Meta board members on September 9, Zuckerberg informed…
J.P. Morgan Asset Management projected a 10% annual return for Bitcoin over the next decade in its 2027 Long-Term Capital Market Assumptions, published on Monday, October 19. This is the first time the 31-year-old report has put a number on BTC USD. Michael Saylor read it as Wall Street doing the math. The bank’s own…
Key Takeaways Full cash exercise of public warrants could generate about $132.2 million. Completed advance and delayed placements brought $224.55 million in cash. Ripple contributed 126,791,458 XRP to Evernorth’s operating subsidiary. Evernorth Plans Further XRP Purchases Through Capital Raising Buying additional XRP forms part of the financing strategy that Evernorth Holdings Inc. (Nasdaq: XRPN) outlined…
Private equity giant Blackstone is putting itself at the center of the AI boom, firm veteran Jas Khaira discussed last week on stage at TechCrunch Disrupt. It is writing checks via various strategies, ranging from offering massive loans to data centers to investing in frontier AI models and applications. Earlier this year, the firm launched…
Coinbase, HTX, and four other crypto platforms are facing access restrictions in Kazakhstan after a court backed the regulator’s legal action. Kazakhstan is moving to restrict access to six unlicensed crypto platforms after a court-backed action by the Astana Financial Services Authority (AFSA). On September 15, the Astana International Financial Center (AIFC) Court granted…
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Canada’s monthly peer-to-peer crypto activity has fallen from a spring 2024 peak near 650,000 transactions alongside a decline in study permits, a pattern Chainalysis has linked to changes in the country’s international student population. Summary The study describes a population-level correlation, without establishing that international students caused the transaction decline. Government figures show 71% fewer…
Key Takeaways Colombian crypto broker Leonardo Zuluaga Duque received 160 months in prison for laundering drug proceeds. Prosecutors traced $14.5 million in Tether’s USDT through American shell companies and Colombian businesses. Maximilien de Hoop Cartier’s unlicensed crypto operation transmitted more than $470 million in illicit proceeds. Colombian Crypto Broker Gets 160 Months as USDT-Centric Drug…
