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Annealed neodymium iron boron magnets sit in a barrel at a Neo Material Technologies Inc. factory in Tianjin, China on June 11, 2010. Bloomberg | Bloomberg | Getty Images China’s exports of rare-earth magnets to the United States in June surged more than seven times from the prior month, as American firms clamor to get … Read more
On Sunday, Block CEO and Twitter co-founder Jack Dorsey launched an open source chat app called Bitchat, promising to deliver “secure” and “private” messaging without a centralized infrastructure. The app relies on Bluetooth and end-to-end encryption, unlike traditional messaging apps that rely on the internet. By being decentralized, Bitchat has potential for being a secure … Read more
Key Takeaways Ripple has chosen BNY Mellon as the primary custodian for RLUSD stablecoin reserves. RLUSD is designed for institutional-grade use, with full USD backing and strict reserve management. Share this article Ripple announced today it has selected the Bank of New York Mellon Corporation (BNY), the world’s largest custodian bank and securities services company, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The protest group Palestine Action is to be designated a terrorist organisation in the UK after losing a High Court challenge to temporarily block the Home Office from banning it. Following the ruling on Friday … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump’s top trade officials are scaling back their ambitions for comprehensive reciprocal deals with foreign countries, seeking narrower agreements to avert the looming reimposition of US tariffs. Four people familiar with the … Read more
Utah-based telehealth provider KindlyMD is now channeling millions into Bitcoin via its expected merger with Nakamoto. The latest $51.5 million PIPE round proves investors are all-in on the crypto pivot, even as skeptics question the long-term play. KindlyMD and Nakamoto Holdings, the Bitcoin (BTC)-focused investment firm founded by David Bailey, announced on June 20 that … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Hamas said on Sunday it would release an Israeli-American hostage held in Gaza as a goodwill gesture to Donald Trump, ahead of a visit to the Middle East this week by the US … Read more
Visiting the plant again today, and from where he held a video conference with Trump, Starmer said the partial deal was “an incredible platform for the future.” Speaking in front of car assembly plant workers, Starmer said the deal “reduces massively from 27.5 percent to 10 percent of tariffs on the cars that we export—[which … Read more
The week of April 27 to May 3 saw major crypto funding activity, with total investments reaching $104.7 million across 15 projects. Camp Network and Miden both raised $25 million each. Infrastructure projects dominated this week’s funding rounds. The data also shows continued interest in privacy, AI, and DeFi-focused solutions. Here’s a breakdown of this … Read more
The countdown is real! Exhibit tables for TechCrunch Sessions: AI are almost gone, and the May 9 deadline is closing in fast. If you’ve been meaning to showcase your AI innovation, this is your last window to make it happen. No more “maybe next year.” No more waiting for the perfect moment. This is it! … Read more
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