Author: GT

Cryptocurrency Crypto asset manager 21Shares is liquidating two bitcoin and ethereum futures exchange-traded funds, according to a recent press release. The move comes amid a crypto market slump that’s developed due to concerns of a possible economic recession. The ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) will liquidate “on or around March 28.” Investors can trade their holdings in the two funds until the end of the trading day on March 27. The scheduled liquidation is taking place “based on routine review of the firm’s product lineup to ensure…

The first satellite of the Google-backed FireSat constellation successfully made it to orbit over the weekend, kicking off what promises to be a new era in wildfire detection and monitoring. The constellation will keep a close eye on wildfires. When fully operational, the constellation’s more than 50 satellites will be able to image nearly all of Earth’s surface once every 20 minutes. The initial phase will consist of just three satellites, and it will revisit every point on the globe twice per day when it’s operational in 2026. The first satellite was built by Muon Space and launched aboard SpaceX’s…

PHOENIX (AP) — Arizona’s highest court has created a pair of AI-generated avatars to deliver news of every ruling issued by the justices, marking what is believed to be the first example in the U.S. of a state court system tapping artificial intelligence to build more human-like characters to connect with the public.A court in Florida uses an animated chatbot to help visitors navigate its website, but the Arizona Supreme Court is charting new territory with the creation of Victoria and Daniel. Made of pixels, the two avatars have a different job in that they serve as the face of…

Prototyping large structures with integrated electronics, like a chair that can monitor someone’s sitting posture, is typically a laborious and wasteful process.One might need to fabricate multiple versions of the chair structure via 3D printing and laser cutting, generating a great deal of waste, before assembling the frame, grafting sensors and other fragile electronics onto it, and then wiring it up to create a working device.If the prototype fails, the maker will likely have no choice but to discard it and go back to the drawing board.MIT researchers have come up with a better way to iteratively design large and…

Bitcoin exchange-traded funds (ETFs) have seen billions in outflows in recent weeks, but Bloomberg’s senior ETF analyst Eric Balchunas says investors — particularly boomers — are proving to be stronger holders than many expected. Speaking on TheStreet Crypto Roundtable with Scott Melker, Balchunas broke down the numbers behind Bitcoin ETF flows, explaining that despite a sharp price drop, most investors are holding firm. “The ETFs collectively took in $40 billion cumulative flows,” he said. “That’s now down to $35 billion, so you had $5 billion of outflows. But if you average out the assets, that’s 5% of the assets leaving.…

If you’ve ever spent way too long scrolling through endless feeds about nothing, you may have been advised to touch grass. It’s a tongue-in-cheek suggestion, basically telling you to log off and go outside. But one developer took the concept to the next level. Rhys Kentish launched an iOS app last week called Touch Grass, which locks distracting apps until you literally walk outside and take a photo of grass. Image Credits:Touch Grass (opens in a new window) “I struggled with my screen time and worked out that I’d spend seven years of my life looking down at my phone…

In a crypto landscape marked by political battles and regulatory uncertainty, former Massachusetts Senate candidate John Deaton sees a pivotal shift. “The anti-crypto army lost. We can officially say that,” Deaton recently declared. Reflecting on the evolving regulatory climate, he noted, “We’ve got a president of the United States who has said they’re going to make America the crypto capital of the world.” Deaton pointed to the establishment of an executive order to create a strategic Bitcoin reserve, a policy that goes beyond mere asset holding. “It’s not just HODLing the 200,000 Bitcoin that America has, but actually saying to…

The world is bad sometimes, but it feels even worse if you can’t stop staring into the all-consuming abyss that is the 6-inch screen of a smartphone, following you through space and time. It taunts you with its compact, light build that’s small enough to slip into your pocket and take anywhere, and its siren call is so strong that for some reason, we cannot sleep without our phone on our nightstands. As we weather the horrors around us, it may occur to you that you would feel calmer and more attentive and balanced if you did not pick up…

LOS ANGELES (AP) — As a wounded Democratic Party struggles to regroup, California Gov. Gavin Newsom is holding mostly chummy conversations with prominent conservatives on a new podcast he’s touting as a way for the party to grapple with the MAGA movement’s popularity.In doing so, he appears intent on showing he is more than a progressive warrior. But he has stunned some members of his own party by agreeing with his guests on issues such as restricting transgender women and girls in sports. Newsom called dismantling police departments “lunacy” and remained silent when Steve Bannon, an architect of President Donald…

It’s gloves off in one of the more tense rivalries in the world of startups. HR company Rippling Monday morning announced a lawsuit against Deel, another big player in the same space. The dramatic 50-page complaint alleges racketeering, misappropriation of trade secrets, tortious interference, unfair competition, and aiding and abetting a breach of fiduciary duty. The lawsuit is largely centered on an employee whom Rippling claims was working as a spy for Deel. Deel has denied the allegations in a statement to TechCrunch in an equally florid way, setting the stage for the airing of yet more dirty laundry: “Weeks…