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Drake Just Gave Bitcoin Its Biggest Pop Culture Moment Yet

gizmodo.com Luc Olinga 2025-08-08 22:00:47

Bitcoin just got its biggest shoutout in pop culture yet — from Drake. In a surprise drop on the night of July 4th, the hip-hop titan unleashed his latest track, “What Did I Miss.” More than just another reflective banger, the Canadian superstar’s new song injects Bitcoin, the world’s most famous cryptocurrency, directly into the mainstream cultural conversation, sixteen years after its inception. The track, which premiered during a YouTube stream titled “ICEMAN EPISODE ONE” where Drake plays

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Robinhood Wants to Redo Wall Street on the Blockchain

gizmodo.com Luc Olinga 2025-08-09 01:27:24

Robinhood, the company behind one of the most popular trading apps for everyday investors, just revealed a sweeping new vision for the future of finance. And its bold plan seems to leave traditional Wall Street institutions behind. The company announced a daring set of new products this week from Cannes, France. These offerings are designed to move traditional financial assets, like company stocks, investment funds (ETFs), and even complex trading tools called derivatives, entirely onto the blo

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Billionaire Mark Cuban Says AI Gives Workers ‘Superpowers,’ but Crypto Is ‘Not Even Close’ to Its iPhone Moment

gizmodo.com Luc Olinga 2025-08-11 08:00:27

Mark Cuban has always been tech’s most pragmatic and outspoken billionaire. As an early internet entrepreneur, a prolific investor on Shark Tank, and the owner of the Dallas Mavericks, he’s seen multiple hype cycles come and go. He was an early advocate for crypto’s potential but has remained a sharp critic of its excesses. Now, as the twin forces of artificial intelligence and cryptocurrency dominate the conversation, we asked Cuban to weigh in. In this exclusive Q&A, he explains why he thinks

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Bitcoin Whales Are Offloading Their Bags on Institutional Investors

gizmodo.com Matt Novak 2025-08-12 08:10:13

Bitcoin enthusiasts have been perplexed lately. Why is the price so stagnant, even with all the hype created by guys like President Donald Trump? The White House has largely been seen as enacting a pro-crypto agenda and even got its first crypto czar in David Sacks, after all. You’d think prices would be soaring. Well, there’s a simple answer, according to a new report from Bloomberg News. And the average, non-wealthy crypto trader probably isn’t going to like it. According to Bloomberg, the lo

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Robinhood stock hits $100 as it roars 30% since S&P 500 snub

cnbc.com Mackenzie Sigalos 2025-08-14 08:18:59

CANNES — Robinhood stock hit the $100 mark for the first time, capping off a week of fresh all-time highs and renewed investor confidence. Shares closed up 6.12% Wednesday at $97.98. Shares are now tracking their best performance since April, up more than 30% since the trading app was snubbed from the S&P 500. The milestone follows a major strategic swing in Europe, where Robinhood unveiled its most ambitious crypto expansion to date — one aimed at re-engineering the financial infrastructure i

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AT&T rolls out Wireless Account Lock protection to curb the SIM-swap scourge

arstechnica.com Unknown 2025-08-14 12:28:27

AT&T is rolling out a protection that prevents unauthorized changes to mobile accounts as the carrier attempts to fight a costly form of account hijacking that occurs when a scammer swaps out the SIM card belonging to the account holder. The technique, known as SIM swapping or port-out fraud, has been a scourge that has vexed wireless carriers and their millions of subscribers for years. An indictment filed last year by federal prosecutors alleged that a single SIM swap scheme netted $400 milli

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Robinhood stock tops $100 to new record, roaring 30% since being snubbed from S&P 500

cnbc.com Mackenzie Sigalos 2025-08-15 04:46:38

CANNES — Robinhood stock hit the $100 mark for the first time, capping off a week of fresh all-time highs and renewed investor confidence. Shares are now tracking their best performance since April, up more than 30% since the trading app was snubbed from the S&P 500. The milestone follows a major strategic swing in Europe, where Robinhood unveiled its most ambitious crypto expansion to date — one aimed at re-engineering the financial infrastructure itself. At an event held in a Belle Époque m

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Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record

cnbc.com Mackenzie Sigalos 2025-08-19 12:30:25

CANNES — Robinhood stock climbed 10% to an all-time high Monday after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe as part of a larger crypto rollout. It is the company's first move to make private equity accessible via blockchain. The announcement, which came Monday during the company's product showcase in Cannes, is part of a broader push to expand Robinhood's crypto footprint globally. The tokenized assets will be available exclusively through Robinhood's

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Robinhood expands its global push, minutes from crypto chief's old cramped apartment in Cannes

cnbc.com Mackenzie Sigalos 2025-08-19 20:41:34

CANNES — Fifteen years after flipping burgers at a McDonald 's and teaching himself to code at night in a cramped apartment near the French Riviera, Robinhood crypto chief Johann Kerbrat is back. The last time he lived around Cannes, he was 21 — with no connections, no funding, and no formal business training. But he had a knack for programming and a drive to solve real-world problems. Kerbrat, who is now senior vice president and crypto GM at Robinhood, quit his job just before starting unive

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Europol helps disrupt $540 million crypto investment fraud ring

bleepingcomputer.com Unknown 2025-08-20 04:20:58

Spanish authorities have arrested five individuals in Madrid and the Canary Islands, suspected of laundering $540 million (€460 million) from illegal cryptocurrency investment schemes and defrauding more than 5,000 victims. The law enforcement operation was supported and coordinated by Europol and investigators from Estonia, France, and the U.S. (Homeland Security Investigations – HSI). The investigation into the fraud ring started in 2023 On the day of the arrests a cryptocurrency expert was

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Is Crypto in a Bubble (Again)?

gizmodo.com Luc Olinga 2025-08-20 14:32:48

The crypto world is buzzing. If you ask a true believer, they’ll say this is just the beginning. Ask a skeptic, and they’ll swear we’re watching a bubble inflate in real time. One that could pop any second. I saw the excitement firsthand at a crypto event in Brooklyn last week. The bar was packed. People were animated. It felt like a flashback to 2020 and 2021, when crypto fever gripped everyone from twenty-something retail traders to grandparents. Back then, it was all about Bitcoin, flashy NF

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Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

cnbc.com Mackenzie Sigalos Jordan Smith 2025-08-20 05:00:01

In this article PYPL SHOP COIN CRCL V MA JPM Follow your favorite stocks CREATE FREE ACCOUNT A $44 billion IPO. A Senate bill with bipartisan momentum. And now, a wave of Fortune 500 firms launching crypto tokens of their own. Stablecoins — once a niche corner of the cryptocurrency world — are entering the corporate and policy mainstream, potentially reshaping how money moves in the United States and around the world. "Many of the users out there today are not aware of stablecoins, or not

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Bigger bitcoin HODL: Time for 10% to 40% of portfolio in crypto, says financial advisor Ric Edelman

cnbc.com Talia Kaplan Jordan Smith Afshan Musani 2025-08-20 20:22:28

Four years ago, financial advisor Ric Edelman went out on a limb in saying everyone should hold cryptocurrencies. But how much? Low single digits was his recommendation. In his "The Truth about Crypto" book in 2021, Edelman said as low as a 1% allocation was reasonable. A lot has changed. This week, Edelman said financial advisors should be recommending anywhere from 10% to 40% allocations to cryptocurrencies, and he is aware it's quite a shift in his own thinking. "Today I am saying 40%, th

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Huge Number of Crypto Users Suddenly Getting Terrifying Letters From the IRS

futurism.com Unknown 2025-08-20 20:08:25

Crypto bros are freaking out amid a surge in letters from the Internal Revenue Service about their digital currency holdings. As Bitcoin.com and other sites report, there has been a whopping 758 percent spike in customer mentions of IRS letters over the past two months alone, suggesting that there may be a taxation crackdown in progress. We don't know exactly how many people have gotten these troubling letters — but apparently, there are a few different types going out. According to Coinledge

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Bigger bitcoin HODL: Time for 10% to 40% of portfolio in crypto, say financial advisor Ric Edelman

cnbc.com Talia Kaplan Jordan Smith Afshan Musani 2025-08-21 00:49:09

Four years ago, financial advisor Ric Edelman went out on a limb in saying everyone should hold cryptocurrencies. But how much? Low single digits was his recommendation. In his "The Truth about Crypto" book in 2021, Edelman said as low as a 1% allocation was reasonable. A lot has changed. This week, Edelman said financial advisors should be recommending anywhere from 10% to 40% allocations to cryptocurrencies, and he is aware it's quite a shift in his own thinking. "Today I am saying 40%, th

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Coinbase is the best performing stock in the S&P 500 in June, and may have even more room to run

cnbc.com Tanaya Macheel 2025-08-21 08:40:15

People watch as the logo for Coinbase, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York on April 14, 2021. Coinbase is the top performer in the S&P 500 in June, boosted by positive regulatory updates, product launches and, of course, its very inclusion in the benchmark stock index at the end of May. The crypto exchange's outperformance in the S&P 500 extends back to the April 8 market low, just after President Donald Trump's

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What's driving Wall Street stablecoin interest? Trillions up for grabs in the future and banks getting ready for it

cnbc.com Mackenzie Sigalos Jordan Smith Talia Kaplan 2025-08-23 08:43:33

After a brief pullback this week, shares of stablecoin issuer and recent IPO darling Circle were in rally mode again, soaring double-digits on a percentage basis during trading on Thursday and ending the day up close to 8%, after having moved up by more than 600% percent since its debut on the New York Stock Exchange earlier this month. Bitcoin and ether have led a recent crypto rise, as digital assets joined the resumption of the risk-on rally, with additional factors such as the potential for

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Trump administration moves to count crypto as a federal mortgage asset

cnbc.com Mackenzie Sigalos 2025-08-25 12:05:08

In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments. The move, signed by FHFA Director William J. Pulte on Wednesday, signals a new era of crypto integration into traditional financial infrastructure — this time within the core of American home lending. The order directs both housing finance giants to

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Bitcoin rises, NYSE battles for Trump ETF, and crypto may be coming to mortgage next

cnbc.com Talia Kaplan Jordan Smith 2025-08-25 20:32:26

The price of bitcoin rose again on Wednesday, reaching above $108,000 at an intraday high, as investors looked past the recent tensions in the Middle East and the stock market hovered near an all-time record. But the trading in cryptocurrencies was uneven, with ether and solana both slipping modestly in afternoon trading. Washington, D.C., figured in a major way in the latest crypto headlines. Fed Chair Jerome Powell spoke about crypto in his testimony before the Senate Banking Committee on W

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Blockchain-driven platform to mimic stock trading, allowing users to buy shares of SpaceX, other hot private companies

cnbc.com Tanaya Macheel 2025-08-26 16:33:26

Republic, a New York-based investment startup, is offering users exposure to SpaceX by issuing a "tokenized" representation of its shares. The company will begin selling the digital tokens this week and eventually plans to expand the offering to other private companies like artificial intelligence darlings OpenAI and Anthropic, as well as Stripe, X, Waymo, Epic Games and more. The Wall Street Journal first reported the story Wednesday. "We're talking about delivering products to retail investo

Topics: crypto investors private republic retail

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Credit, Debit or Crypto? Mastercard Says It'll Add Stablecoin as a Payment Option

cnet.com See Full Bio 2025-08-27 00:00:00

Cheng Xin/Getty Images How does a carousel of currencies -- cash, credit, crypto, installment -- attached to a single payment credential sound to you? Well, that's what Mastercard is touting with its One Credential, noting a particular interest in attracting Gen Z. Mastercard announced it's partnering with payment processor Fiserv to bring its recently announced stablecoin, FIUSD, to the Mastercard network. That means Mastercard One Credential users will be able to choose to pay with FIUSD, ca

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Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill

cnbc.com Mackenzie Sigalos Talia Kaplan Jordan Smith 2025-08-27 16:16:57

Crypto prices, including bitcoin , rose on Tuesday after President Trump announced a ceasefire between Iran and Israel. By midday Tuesday, bitcoin had passed the $105,000 level, ether jumped back above the $2,400 mark, and XRP climbed to $2.19. The risk-on action in the markets, which also saw stocks rally on the Mideast de-escalation, wasn't the only source of momentum, as Republican senators unveiled a major bill to set the rules of the road for crypto. Specifically, the legislation would de

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Your Bitcoin Might Soon Get You a Mortgage—No, Really

gizmodo.com Luc Olinga 2025-08-28 20:34:43

In a move that should send a chill down the spine of anyone who remembers 2008, the man now in charge of regulating a huge chunk of the U.S. housing market wants to see if your crypto holdings—like Bitcoin or Solana—should count when Americans apply for a mortgage. That’s right: your dog-themed coin stash might one day help you buy a house. Bill Pulte, the new director of the Federal Housing Finance Agency (FHFA), announced the plan on X, the platform formerly known as Twitter. “We will study t

Topics: bitcoin btc crypto housing pulte

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Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

cnbc.com Ryan Browne 2025-08-29 15:59:54

Crypto company Digital Asset said Tuesday that it's netted $135 million in funding from a raft of major names in banking and finance. The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs , BNP Paribas and Ken Griffin's Citadel Securities also investing. The investment highlights how large financial institutions are embedding themselves in the once murky world of cryptocurrencies. Previously a

Topics: asset crypto digital funding goldman

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Telegram Purged Chinese Crypto Scam Markets—Then Watched as They Rebuilt

wired.com Andy Greenberg 2025-08-31 00:48:39

One month ago, the messaging app Telegram summarily beheaded the online industry of Chinese-language crypto scam services: It banned virtually all accounts related to the first and second most popular marketplaces for vendors offering money laundering, stolen data, and a variety of other illicit wares to the vast criminal enterprises carrying out investment scams from compounds across Southeast Asia. Then, Telegram watched impassively as those black marketeers rebranded, rebuilt, and returned t

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Show HN: Ariadne – A Rust implementation of aperiodic cryptography

news.ycombinator.com Unknown 2025-08-31 22:54:06

Ariadne Suite ariadne.ciphernomad.org This repository contains the Ariadne Suite, our canonical Rust implementation of the Ariadne Protocol. The protocol is a novel cryptographic architecture we designed around the Labyrinth Construction to provide aperiodic, or non-repeating, cryptographic transformations. The project mission is to create resilient, open-source tools for digital sovereignty. This is independent research, released as a public good. Its continuation, development, and future s

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Bitcoin briefly sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off

cnbc.com Mackenzie Sigalos 2025-08-31 22:59:22

Bitcoin fell to its lowest level since May over the weekend, as rising tensions in the Middle East and renewed inflation fears triggered a sharp selloff across digital assets. Bitcoin dropped below the $99,000 mark on Sunday — its lowest point in more than a month — and ether was more than 10% lower at one point, as the digital asset market became the first to react to escalating geopolitical risk. Solana , XRP , and dogecoin also posted sharp losses, dragging the entire crypto complex deep int

Topics: assets bitcoin crypto digital just

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Bitcoin Who? Wall Street Has a New Crypto Obsession

gizmodo.com Luc Olinga 2025-08-31 15:28:22

For over a decade, Bitcoin has been the undisputed face of digital finance. When you think “crypto,” you think Bitcoin. Its surges and crashes have been treated as bellwethers for the entire industry. This year, it even set new records, solidifying its reign. But for the past month, the crypto world hasn’t been talking about Bitcoin. The spotlight has been stolen by a company that most people have never heard of. While Bitcoin’s price reached an all-time high this spring, its dominance is bein

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Low-wage tech support workers become a new gateway for cyberattacks

techspot.com Skye Jacobs 2025-09-02 11:53:00

Editor's take: As businesses increasingly rely on outsourced tech support to cut costs, the risks associated with these operations are coming into sharper focus. The threat is no longer just about technical vulnerabilities; it's about the people behind the screens, and the growing pressure they face from both economic hardship and sophisticated cybercriminals. Hackers are increasingly turning the very systems designed to help customers – outsourced tech support and call centers – into powerful

Topics: attackers coinbase cryptocurrency hackers support

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Coinbase secures EU crypto license, swaps Ireland for Luxembourg as main hub

cnbc.com Ryan Browne 2025-09-02 12:47:36

Coinbase has secured a license from Luxembourg to offer crypto services across the European Union and will make the country its central hub in the region. The U.S. crypto exchange's main European base has been in Ireland since 2023. Coinbase said Friday that it obtained its Markets in Crypto Assets (MiCA) license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF). MiCA is a sweeping regulation that aims to create a harmonized legal framework for crypto across all 27 EU m

Topics: coinbase crypto license luxembourg mica

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Latest Tech News

Drake Just Gave Bitcoin Its Biggest Pop Culture Moment Yet

Robinhood Wants to Redo Wall Street on the Blockchain

Billionaire Mark Cuban Says AI Gives Workers ‘Superpowers,’ but Crypto Is ‘Not Even Close’ to Its iPhone Moment

Bitcoin Whales Are Offloading Their Bags on Institutional Investors

Robinhood stock hits $100 as it roars 30% since S&P 500 snub

AT&T rolls out Wireless Account Lock protection to curb the SIM-swap scourge

Robinhood stock tops $100 to new record, roaring 30% since being snubbed from S&P 500

Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record

Robinhood expands its global push, minutes from crypto chief's old cramped apartment in Cannes

Europol helps disrupt $540 million crypto investment fraud ring

Is Crypto in a Bubble (Again)?

Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

Bigger bitcoin HODL: Time for 10% to 40% of portfolio in crypto, says financial advisor Ric Edelman

Huge Number of Crypto Users Suddenly Getting Terrifying Letters From the IRS

Bigger bitcoin HODL: Time for 10% to 40% of portfolio in crypto, say financial advisor Ric Edelman

Coinbase is the best performing stock in the S&P 500 in June, and may have even more room to run

What's driving Wall Street stablecoin interest? Trillions up for grabs in the future and banks getting ready for it

Trump administration moves to count crypto as a federal mortgage asset

Bitcoin rises, NYSE battles for Trump ETF, and crypto may be coming to mortgage next

Blockchain-driven platform to mimic stock trading, allowing users to buy shares of SpaceX, other hot private companies

Credit, Debit or Crypto? Mastercard Says It'll Add Stablecoin as a Payment Option

Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill

Your Bitcoin Might Soon Get You a Mortgage—No, Really

Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

Telegram Purged Chinese Crypto Scam Markets—Then Watched as They Rebuilt

Show HN: Ariadne – A Rust implementation of aperiodic cryptography

Bitcoin briefly sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off

Bitcoin Who? Wall Street Has a New Crypto Obsession

Low-wage tech support workers become a new gateway for cyberattacks

Coinbase secures EU crypto license, swaps Ireland for Luxembourg as main hub

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