SEC’s retreat and XRP’s legal triumph are sidelined as Oregon charges ahead with a new lawsuit against Coinbase, intensifying the war over crypto regulation.
Coinbase Says Oregon Ignores SEC Losses, XRP Victory in Crypto Lawsuit
Legal tensions surrounding crypto exchange Coinbase have reignited following a new lawsuit filed by Oregon’s Attorney General, adding another chapter to the…
Ethereum co-founder Vitalik Buterin has introduced a groundbreaking proposal to replace the Ethereum Virtual Machine (EVM) with RISC-V, a modern and highly efficient open standard instruction set architecture. This strategic shift aims to significantly enhance the…
This AI startup just raised $7.5m to fix commercial insurance for America’s 24m underprotected small businesses
April 18, 2025
1Fort announced today a $7.5 million seed funding round to improve how small businesses obtain commercial insurance through its AI-powered platform. The New York-based startup, which has experienced 200% month-over-month revenue growth in 2024, aims to automate the outdated…
Google’s Gemini 2.5 Flash introduces ‘thinking budgets’ that cut AI costs by 600% when turned down
April 18, 2025
Google has launched Gemini 2.5 Flash, a major upgrade to its AI lineup that gives businesses and developers unprecedented control over how much “thinking” their AI performs. The new model, released today in preview through Google AI Studio and Vertex AI, represents a strategic effort to deliver improved reasoning capabilities while maintaining competitive pricing in the increasingly crowded AI…
‘Vibe coding’ is a term of the moment, as it refers to a more accepted use of AI and natural language prompts for basic code completion.
OpenAI is reportedly looking to get in on the movement — and own more of the full-stack coding experience — as it eyes a $3…
According to a credible new report, Elon Musk has reportedly shut down an internal analysis from Tesla executives that showed the company’s Robotaxi plans would lose money and that it should focus on its more affordable ‘Model 2’.
In early 2024, we reported that Musk…
Geely exercises its Put Option on Lotus UK, enabling reintegration of all businesses under the Lotus brand
April 18, 2025
Bear with me, as this one is a bit complicated and jargon-heavy. Lotus Technology Inc. announced that Geely, the majority owner of its vehicle manufacturing business Lotus UK, exercised its put option earlier this week to sell its 51% stake in the latter company back to the former company. In layperson’s terms, Geely is out, so Lotus Tech has to buy the 51% of Lotus UK back, putting all those…
California’s e-bike incentive program is back, offering CA residents another opportunity to receive up to $2,000 off a new electric bicycle.
The second application window opens on April 29 at 5 PM, with 1,000 vouchers set to become available. In order to become eligible…
Solana ETFs Launch on Toronto Stock Exchange
April 18, 2025
In a Nutshell
Canada introduces spot Solana ETFs by four investment managers on the TSX, following OSC approval. Solana joins Bitcoin and Ether as approved crypto assets for ETFs in Canada. Analyst Eric Balchunas questions potential retail interest based on U.S.
Diosnel Alarcon, head of the cybercrime unit of the National Police of Paraguay, has indicated that over $4 billion was moved by cryptocurrency scams and Ponzi schemes in 2023 and 2024. Alarcon stated that middlemen help these platforms thrive, as people investing don’t know the basics of crypto.
Paraguay Registers $4 Billion in Cryptocurrency Scams
Cryptocurrency scams and Ponzi schemes are…