Tesla unveiled an updated version of its geofence map for Austin, Texas, and online Robotaxi fans think it closely—and very cheekily—resembles the private parts of a human male anatomy. The new geofence size more than doubled the service area for the Tesla Robotaxi in only 22 days, and it is larger than Waymo’s by at least 4 square miles. The official Tesla Robotaxi X account left little to the imagination of fans when it posted the updated geofence map with the caption “Harder, Better, Faster, Stronger.” Robotaxi also claimed to be big fans of eggplants, adding that they had just expanded their surface area. Tesla’s CEO, Elon Musk, added fuel to the naughty online conversation by retweeting Teslaconomics’ post with the caption “Bigger, longer, uncut,” followed by a laughing emoji. Musk announced the expansion of Austin’s geofence for the Robotaxi service last week, adding that Tesla was looking to launch the service in the Bay Area in a few weeks. TSLA retail investor Steve Ryan suggested the new geofence map’s phallic shape as a joke, and in true Musk fashion, he made Tesla do it, pissing off critics and making fans laugh. Robotaxi’s new app version rolls out I just opened the Tesla Robotaxi app and the geofenced area in Austin, Texas has officially expanded 🤣 pic.twitter.com/gDOzLvkH4g — Teslaconomics (@Teslaconomics) July 14, 2025 Robotaxi’s new app version was rolled out on July 14, adding walking directions for pickup and drop-off flexibility. According to the Robotaxi team, the addition of notable landmarks made navigating ride-sharing pickups and destinations in large metros and congested areas in Austin easier. The updated app now guides users to Robotaxi pickup and drop-off locations that are not close to specific areas being visited. The Robotaxi app also includes closing times for different drop-off destinations to reduce inconveniences. The new feature warns users when visiting establishments about to close, guiding users to establishments with enough time to serve their needs. It also includes the ability to edit users’ pickup locations and destinations even after booking rides, instead of fixed default spots. Tesla also included the University of Texas in the service area coverage to expand the service to over 53K students. Musk’s un-billionaire-like juvenile humor, like his fixation on the marijuana-related number 420, will likely attract more students to the service’s rides priced at $4.20. The controversial billionaire investor smoked a joint in 2018 during a live podcast on “The Joe Rogan Experience.” He later posted a meme with the caption “Twitter’s next board meeting is gonna be lit.” Robotaxi users get more tips Tesla’s updated Robotaxi app allows users to select their preferred cabin temperature and provides more smart tips while waiting for rides. The tips include how to operate the Model Y door handles and how the driverless vehicles’ light signals work. More smart suggestions include destinations like parks, cafes, shopping centers, restaurants, and other key locations. Additionally, the simple interface provides real-time updates on the arrival of their Robotaxis to help users better understand their shared ride experiences. However, customers can still not leave tips for good service. Tesla is also laying the groundwork for future expansions, and validation vehicles have been seen in Kyle, Texas. According to the company, its engineering and validation teams continuously work on new expansions as the public receives more updated rollouts. However, even after expanding its service area, Tesla has not officially shared details about increasing its fleet. The electric carmakers previously claimed they had shortened the time to new deployments by streamlining the process. Tesla now ships new vehicles from the factory, installs the Robotaxi software, and places ready cars on public streets much faster. Waymo’s long mapping processes are yet to give the Robotaxi’s quick expansions any real competition. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
Coinbase has reached a significant milestone with over $1 billion in Bitcoin-backed loans, reflecting a surge in demand for crypto-backed liquidity solutions. Both institutional investors and startups are increasingly leveraging
BitcoinWorld Crucial Meta Content Policy Update: Protecting Originality and Curbing Unoriginal Content The digital landscape for creators is undergoing a significant transformation. As the lines between genuine creativity and mere replication blur, major platforms are stepping up their game. For those deeply embedded in the cryptocurrency and Web3 space, understanding these shifts is paramount, especially as many projects rely heavily on social media for community building and outreach. Recently, Meta, the tech giant behind Facebook and Instagram, made a pivotal announcement that could reshape how Meta content policy impacts your digital presence and outreach strategies. This move signals a strong push towards valuing authentic creation over simple reposting, directly influencing how content is distributed and monetized across its vast network. Understanding Meta’s Stance on Unoriginal Content In a bold move that echoes similar actions by other major platforms, Meta recently unveiled a comprehensive crackdown on what it terms ‘ unoriginal content ’ on Facebook. This isn’t just a minor tweak; it’s a significant policy update designed to re-emphasize the importance of authentic creation and to protect the intellectual property of genuine creators. For too long, the digital space has grappled with the pervasive issue of content theft and unauthorized reuse, leading to a diluted experience for users and diminished returns for those investing time and effort into original work. So, what exactly does Meta categorize as ‘unoriginal content’? At its core, it refers to accounts that consistently reuse someone else’s text, photos, or videos without adding substantial value or transformation. This isn’t about discouraging engagement or community interaction; rather, it targets deliberate, repetitive re-uploading for personal gain without proper attribution or creative input. Meta has been clear that this policy is distinct from activities like: Reaction Videos: Where creators add their unique commentary, analysis, or emotional response to existing content. Joining Trends: Participating in viral challenges or memes, which inherently involve building upon a shared cultural moment. Adding Personal Takes: Offering a new perspective, critique, or creative twist on someone else’s work, transforming it into something new. The focus, instead, is squarely on accounts that simply repost others’ content, often impersonating original creators or operating as spam accounts. This distinction is crucial for content creators who legitimately engage with existing material in transformative ways, ensuring they won’t be unfairly penalized. The goal is to foster an environment where originality is rewarded, and creative effort is recognized, rather than overshadowed by low-effort duplication. Why the Crackdown Now? The Evolution of Digital Content Meta’s announcement didn’t come out of nowhere. It follows closely on the heels of YouTube, which also clarified its policies around repetitive and mass-produced videos. This synchronized action by two of the world’s largest content platforms highlights a growing industry-wide concern: the proliferation of low-quality, repurposed content, often exacerbated by advancements in AI technology. For years, platforms have struggled with content farms and spammers. However, the rise of sophisticated AI tools has made it easier than ever to generate vast quantities of seemingly new, yet fundamentally unoriginal, material. The digital ecosystem has matured to a point where user expectations for quality and authenticity are higher than ever. Users seek genuine connections and valuable information, not an endless stream of recycled posts. Furthermore, advertisers are increasingly discerning, preferring to associate their brands with high-quality, engaging content rather than spam or deceptive practices. By cracking down on unoriginal content , Meta aims to improve the overall user experience, enhance platform integrity, and ensure that advertising revenue flows to legitimate creators who contribute real value. This strategic shift is also about maintaining competitive advantage. In a crowded social media landscape, platforms that prioritize quality and creator well-being are more likely to attract and retain top talent. By protecting original creators and ensuring they receive due credit and views, Meta reinforces its commitment to being a premier destination for digital expression and community building. It’s a proactive measure to safeguard the platform’s long-term health and relevance in an ever-evolving digital world. The Rising Tide of AI Slop and Its Impact One of the most pressing issues driving Meta’s updated policy, even if not explicitly stated in every line, is the alarming rise of “ AI slop .” This term refers to low-quality, often nonsensical or repetitive media content generated using artificial intelligence tools. While AI offers incredible potential for creativity and efficiency, it has also lowered the barrier to entry for mass-producing content that lacks genuine insight, narrative, or human touch. Consider the ease with which AI tools can now generate text, synthesize voices, and even create video clips. It’s become common to find videos on platforms like YouTube featuring AI-generated voices overlaid on a series of stock photos, generic video clips, or even repurposed footage, all stitched together with minimal human intervention. This kind of content, while technically “new” in its composition, often lacks originality in its core message or presentation. It’s designed to game algorithms, not to engage human audiences meaningfully. Meta’s guidance for creating “original content” subtly hints at its awareness of this problem. The company advises creators against merely “stitching together clips” or simply adding their watermark to content from other sources. Instead, it champions “authentic storytelling” and cautions against short videos offering little value. These descriptions perfectly fit the characteristics of much of the AI-generated “slop” that floods platforms: repetitive visual elements, generic narration, and a lack of depth or unique perspective. By discouraging such practices, Meta aims to subtly curb the spread of low-quality AI-generated content, pushing creators towards more thoughtful and human-centric approaches. Furthermore, Meta’s emphasis on high-quality video captions could also be seen as a gentle nudge away from relying solely on automated AI captioning tools that might produce inaccuracies or lack nuance. While AI can assist in content creation, Meta’s updated Meta content policy underscores the need for human oversight, editing, and genuine creative input to ensure content truly resonates and provides value. Consequences and Enforcement: Impact on Facebook Monetization Meta’s crackdown isn’t just about policy statements; it comes with tangible consequences, particularly for Facebook monetization programs. The company has made it clear that accounts repeatedly abusing the system by reusing someone else’s content will face significant penalties. These measures are designed to hit where it hurts most: the ability to earn revenue and reach an audience. The core consequences include: Loss of Monetization Access: Violating accounts will lose access to Facebook monetization programs for a specified period. This means no ad revenue, no Stars, no subscriptions – a direct hit to the financial viability of content farms and spammers. Reduced Distribution: Posts from penalized accounts will see significantly reduced distribution. This means their content will appear less frequently in users’ feeds, dramatically limiting their reach and impact. The goal is to make it economically unfeasible to operate solely on repurposed content. Original Creator Prioritization: When duplicate videos are detected, Facebook will actively reduce the distribution of the copies, ensuring that the original creator receives the views and credit they deserve. This is a crucial step in rebalancing the scales in favor of genuine content producers. Linking to Original Content: Meta is also testing a system that adds direct links on duplicate videos, pointing viewers back to the original source. This not only gives credit where it’s due but also educates users on where to find authentic content, further devaluing the copied versions. These enforcement actions are not new; Meta has already been active in combating malicious behavior. Earlier this year, the company revealed it had taken down approximately 10 million profiles impersonating large content producers and acted against 500,000 accounts engaged in “spammy behavior or fake engagement.” This history demonstrates Meta’s commitment to maintaining platform integrity, and the new policy is a significant escalation of these ongoing efforts. For legitimate content creators , this means a fairer playing field and greater opportunity to stand out. Navigating the New Landscape: Advice for Content Creators For genuine content creators , Meta’s updated policy should be seen as an opportunity rather than a threat. By prioritizing originality, Meta is creating a more equitable environment where authentic voices can thrive. However, it also means creators need to be mindful of best practices to ensure their content aligns with the new guidelines and avoids unintentional penalties. Here are some actionable insights for creators: Focus on Authenticity: This is the cornerstone. Whether it’s your unique perspective, original footage, or distinctive narrative style, prioritize content that genuinely reflects your creativity and effort. Transformative Use: If you use existing content, ensure your contribution is transformative. Adding significant commentary, unique editing, parody, or a new context elevates it beyond mere reuse. Think “remix” rather than “repost.” Understand the Nuances of AI: While AI tools can be powerful assistants, avoid letting them dictate your entire content strategy. Use AI to enhance, not replace, your originality. Always review and edit AI-generated elements to ensure quality and unique value. High-Quality Captions and Descriptions: Meta explicitly mentioned the importance of high-quality video captions. This implies moving beyond basic automated captions to ensure accuracy, context, and perhaps even a unique voice in your text elements. Monitor Your Professional Dashboard: Meta is rolling out new post-level insights in Facebook’s Professional Dashboard. Creators can use this to understand why their content might not be distributing as expected. This dashboard will also indicate if an account is at risk of content recommendation or monetization penalties, providing early warnings. Stay Informed: Policies evolve. Regularly check Meta’s official creator resources and policy updates to stay ahead of any changes. These changes will roll out gradually over the coming months, giving creators time to adjust their strategies. The new transparency tools in the Professional Dashboard are a welcome addition, empowering creators to understand their performance and compliance status more clearly. This proactive approach by Meta aims to support creators who genuinely contribute to the platform’s vibrancy, while simultaneously weeding out those who exploit it. Meta’s Enforcement Challenges and the Road Ahead While Meta’s intent to crack down on unoriginal content is commendable, the company faces a significant challenge: the accurate and fair enforcement of these policies, particularly through automated means. The article touches upon existing criticism from users, including on Instagram, regarding erroneous and over-enforcement of policies, leading to wrongfully disabled accounts and a perceived lack of human support. A petition with nearly 30,000 signatures highlights this frustration, underscoring the feeling of abandonment among many small businesses and creators who rely on Meta’s platforms. This tension between automated efficiency and human nuance is a perpetual struggle for large-scale content platforms. While AI and algorithms are essential for moderating billions of pieces of content, they can sometimes lack the context or understanding required to differentiate between genuine transformative use and simple reposting. The risk is that legitimate creators might be caught in the crossfire, facing unwarranted penalties and a frustrating lack of recourse due to limited human support. Meta has yet to publicly address these specific criticisms about automated enforcement errors, despite attention from the press and high-profile creators. This silence is a point of concern for many in the creator community. The success of this new Meta content policy will ultimately hinge not just on its stated goals, but on the fairness and accuracy of its implementation. Creators will be watching closely to see if Meta can strike the right balance between robust enforcement and providing adequate support for those who are genuinely trying to create original, valuable content. The broader trend across major platforms, including YouTube’s parallel efforts, indicates a collective industry push towards a more curated, quality-driven digital content ecosystem. As AI technology continues to advance, the challenge of discerning authentic creativity from sophisticated replication will only grow. Meta’s latest move is a critical step in this ongoing battle, aiming to foster an environment where true innovation and valuable contributions are recognized and rewarded, ultimately benefiting both users and ethical content creators alike. Conclusion: A New Era for Digital Originality Meta’s decisive action to curb unoriginal content marks a pivotal moment in the evolution of social media. By aligning its policies with those of other industry leaders like YouTube, Meta is signaling a clear commitment to fostering a healthier, more authentic digital environment. This crackdown is not merely about penalizing rule-breakers; it’s fundamentally about protecting and empowering genuine content creators , ensuring that their efforts are recognized, rewarded, and reach the audiences they deserve. For those engaged in the vibrant world of crypto and Web3, where community and original thought are paramount, these changes underscore the importance of building truly unique and valuable content strategies. While challenges in automated enforcement persist, the overall direction points towards a future where originality reigns supreme, paving the way for more meaningful interactions and sustainable Facebook monetization for creators who truly innovate. This shift promises a brighter future for the digital creative economy, emphasizing quality over quantity and authenticity over mere replication. To learn more about the latest AI market trends, explore our article on key developments shaping AI models features. This post Crucial Meta Content Policy Update: Protecting Originality and Curbing Unoriginal Content first appeared on BitcoinWorld and is written by Editorial Team
NYSE Arca lists ProShares' leveraged ETFs for XRP and Solana. The funds target doubling daily altcoin performance but carry significant risks. Continue Reading: NYSE Arca Approves Leveraged ETFs for XRP and Solana The post NYSE Arca Approves Leveraged ETFs for XRP and Solana appeared first on COINTURK NEWS .
On July 15, Bitcoin investors collectively realized a substantial $3.5 billion in profits over a 24-hour period, according to data from Glassnode. This significant profit surge highlights robust market activity,
Crypto is one of the most innovative technologies of our time. This nascent area of innovation has proven to be capable of challenging the traditional monetary system status quo where central banks and large financial institutions run the show. Today, you don’t have to go through the likes of Western Union or Paypal to send money across the world; there are several cryptocurrencies, including BTC and stablecoins like USDT and USDC that can be sent within minutes through reputable crypto exchanges such as XBO.com , Coinbase, Binance and Crypto.com . But despite the value proposition, it is evident that crypto is yet to get the traction it deserves. Some of the most recent statistics indicate there are around 560 million crypto owners globally, this figure is a drop in the ocean compared to the number of people who use banks or other forms of electronic money transfers. So, what exactly does it mean to serve today’s customers? Before answering this question, let’s first highlight some of the reasons why crypto might be the big thing in money and finance. The Future of Money and Finance When Satoshi launched Bitcoin in 2009, the main goal was to introduce a peer-to-peer electronic cash system based on these fundamental principles; decentralization, trustlessness and resistance to censorship. Fast forward to 2025, Bitcoin is not the only crypto in the market, there are more types of digital assets that serving key purposes in the global money exchange and finance system; Access to Global Markets and Cross-Border Transfers One of the reasons crypto has stood out as a state of the art tech is the seamless facilitation of capital transfer without boundaries. Thanks to this technology, a freelancer in Africa can get paid in dollars through stablecoins; this makes it possible to not only receive fast and cheap cross-border payments but also access global markets, starting with the green buck to more sophisticated assets such as tokenized market instruments and commodities. Unlocking Liquidity for Real-World Assets (RWAs) The RWA sector is another crypto niche that is making waves across several markets. Imagine being able to purchase a fraction of a piece of property located in Manhattan or getting access to U.S. treasuries and bonds. That’s the main purpose of RWA’s – unlocking liquidity for such assets by making them more accessible through tokenization. According to a report by Standard Chartered, this sector has grown by 380% over the past 3 years, with projections showing it could eclipse $30 trillion by 2034. Transparency and Censorship-resistance The transparent and censorship -resistant nature of cryptocurrencies like BTC and ETH is a feature that certainly belongs in the future. Instead of pushing for centralized financial institutions to be more transparent on important details such as fees, portfolio allocations and interest rate payments, why not have it all on the blockchain where anyone can audit the operations? What’s more is that crypto transactions on a blockchain like Bitcoin and Ethereum are censorship-resistant; this means no intermediary has the capacity to prevent a crypto owner from sending their funds. What it Means to Serve Today’s Customer For a long time, crypto innovators have been building amazing tech, but with one major caveat – it’s not seamless for the average person to navigate or onboard. Save for a few exchanges like Binance, Coinbase and XBO.com which have hacked the needs of today’s crypto consumer, the rest are still juggling between product-market-fit (PMF) and simplifying their UI/UX experience. But what exactly is the average crypto user looking for? At the core is a simple onboarding process and user experience. I don’t have to understand whether my funds are on Ethereum, Solana, Optimism or Arbitrum, all that most crypto users care for is if they can send and receive funds seamlessly. Luckily, for the exchanges that understand the importance of simplicity, we’ve seen considerate features such as XBO’s mobile app solution which is designed for crypto use on the go. Some of the features that support this type of functionality include a smartphone-optimized trading environment and customizable analytics with intuitive controls. XBO is also leaning into user-focused innovation through its ongoing rollout of its native token by offering benefits like trading discounts, cashback, and staking rewards—making participation in the platform beneficial for everyday users and encouraging full adoption throughout its ecosystem. Serving today’s customers also means providing them with more flexible ways of spending their crypto; Binance and Coinbase, for instance, both feature crypto debit cards as part of their offerings. This allows users to easily spend their digital assets without having to convert back to fiat. As much as may be controversial, it is imperative to acknowledge the fact that traditional payment rails also play a major role in enhancing the experience of crypto users. This calls for crypto innovators to partner or build more solutions that are not only compliant but also cheap and fast. In fact, this is one of the features touted by ‘advanced’ crypto service providers in the market today. Want to purchase crypto through a bank? Fine, a fintech? That also cuts it. Conclusion As mentioned in the introduction, crypto has earned its position in the fourth industrial revolution. But as things stand, the levels of adoption are still wanting; it is now time for stakeholders to focus on making it easier for the average person to acquire, use and sell crypto assets. After all, the technical infrastructure is already set and can support more user-friendly UI/UX without serious upgrades or modifications. However, the fundamentals of crypto (transparency, decentralization and immutability) ought not to be overlooked in the quest of making it ‘simple’. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Vienna, Austria, July 15th, 2025, Chainwire Bybit EU officially launched its European headquarters in Vienna last week with a landmark event at METAstadt, uniting over 250 guests from fintech, policy, academia, and blockchain sectors. The evening celebrated Austria’s emergence as a crypto innovation hub under MiCAR and marked the beginning of Bybit’s long-term commitment to Europe. Mazurka Zeng, CEO of Bybit EU, took the stage to present her newly formed team in Vienna alongside Bybit’s Board of Directors, highlighting the strength of local leadership and the company’s vision for Europe: “We chose Vienna because it offers clarity, stability, and a thriving ecosystem. This event is about building real, lasting connections with Europe’s crypto community.” The event featured keynote speeches by Ben Zhou, CEO and Co-founder of Bybit, who emphasized: “Bybit EU is about setting a new standard — not just in Austria, but across Europe. We’re here to build, together.” Austria’s State Secretary for Finance, Barbara Eibinger-Miedl, welcomed the expansion, noting: "The decision by Bybit to establish itself in Austria once again demonstrates that our country offers excellent conditions for international FinTechs – from clear regulatory frameworks and modern digital infrastructure to an innovation-friendly environment. Austria positioned itself early on as a pioneer in implementing the MiCAR regulation and is now one of the most attractive FinTech locations in Europe. As the State Secretary for Finance, it is my goal to further strengthen this competitive advantage." Beyond the stage, guests enjoyed a vibrant program including a red carpet experience to capture hot moments of the evening, engagement activities designed to spark connection and creativity. Notable attendees included Georg Brameshuber (Validvent), Walter Mösenbacher (DAAA), Alfred Taudes (WU Wien), Ed Prinz (DLT), Bjorn Declerck (Tomorrowland), Christian Rau (Mastercard), Attila Dogudan (DO&CO), and Martin Hanzl (EY). The Vienna launch was not just a celebration — it was a signal. Bybit EU is here to stay, grow, and co-create the future of crypto across the continent. Image Text: Ben Zhou, CEO and Co-founder of Bybit, on stage at the official European launch event in Vienna Image Credit: Lisa Leutner More impressions of the event can be accessed via this link . About Bybit EU Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA”*” except Malta) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and other products, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta): providing custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice. Media Contact: press@bybit.com More information: www.bybit.eu ContactTonyBybittony.au@bybit.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
BitcoinWorld Bybit Lights Up Vienna: A New Era for Crypto in Europe Begins Vienna, Austria, July 15th, 2025, Chainwire Bybit EU officially launched its European headquarters in Vienna last week with a landmark event at METAstadt, uniting over 250 guests from fintech, policy, academia, and blockchain sectors. The evening celebrated Austria’s emergence as a crypto innovation hub under MiCAR and marked the beginning of Bybit’s long-term commitment to Europe. Mazurka Zeng, CEO of Bybit EU , took the stage to present her newly formed team in Vienna alongside Bybit’s Board of Directors, highlighting the strength of local leadership and the company’s vision for Europe: “We chose Vienna because it offers clarity, stability, and a thriving ecosystem. This event is about building real, lasting connections with Europe’s crypto community.” The event featured keynote speeches by Ben Zhou, CEO and Co-founder of Bybit, who emphasized: “Bybit EU is about setting a new standard — not just in Austria, but across Europe. We’re here to build, together.” Austria’s State Secretary for Finance, Barbara Eibinger-Miedl, welcomed the expansion, noting: “The decision by Bybit to establish itself in Austria once again demonstrates that our country offers excellent conditions for international FinTechs – from clear regulatory frameworks and modern digital infrastructure to an innovation-friendly environment. Austria positioned itself early on as a pioneer in implementing the MiCAR regulation and is now one of the most attractive FinTech locations in Europe. As the State Secretary for Finance, it is my goal to further strengthen this competitive advantage.” Beyond the stage, guests enjoyed a vibrant program including a red carpet experience to capture hot moments of the evening, engagement activities designed to spark connection and creativity. Notable attendees included Georg Brameshuber (Validvent), Walter Mösenbacher (DAAA), Alfred Taudes (WU Wien), Ed Prinz (DLT), Bjorn Declerck (Tomorrowland), Christian Rau (Mastercard), Attila Dogudan (DO&CO), and Martin Hanzl (EY). The Vienna launch was not just a celebration — it was a signal. Bybit EU is here to stay, grow, and co-create the future of crypto across the continent. Image Text: Ben Zhou, CEO and Co-founder of Bybit, on stage at the official European launch event in Vienna Image Credit: Lisa Leutner More impressions of the event can be accessed via this link . About Bybit EU Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA”*” except Malta) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and other products, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta): providing custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice. Media Contact: press@bybit.com More information: www.bybit.eu Contact Tony Bybit tony.au@bybit.com This post Bybit Lights Up Vienna: A New Era for Crypto in Europe Begins first appeared on BitcoinWorld and is written by chainwire
Bitcoin has been exploring new all-time highs (ATHs) recently, but Strategy still seems to be in accumulation mode as it has announced another large purchase. Strategy Has Bought 4,225 Bitcoin In Latest Acquisition As announced by Strategy Chairman Michael Saylor in an X post, the company has made a fresh Bitcoin acquisition, continuing its chain of 2025 buys. With the latest purchase, the firm has added 4,225 BTC to its holdings. According to the US Securities and Exchange Commission (SEC) filing, the buy occurred between July 7th and July 13th, and involved an average BTC cost basis of $111,827. This means the 4,225 tokens were acquired for about $472.5 million. Related Reading: Bitcoin Hits $123,000—But Inflows Are Just A Fraction Of 2024’s Peak In the same period as the acquisition, BTC witnessed a breakout to new ATHs. If the purchase is to go by, it seems Strategy is still interested in buying even at these high prices. “Short Bitcoin if you hate money,” said Saylor in an earlier X post. After the latest buy, the total holding of the firm has hit 601,550 BTC. The company spent around $42.87 billion to assemble this stack and today, its value stands at $72.25 billion, implying a significant profit of 68.5%. Earlier in the day, another Bitcoin treasury company added to its holdings: Metaplanet. According to the X post by CEO Simon Gerovich, the company has added 797 BTC to its reserve, taking the total to 16,352 BTC. Unlike Strategy, though, the firm’s average coin cost basis is on the higher side, standing at $100,191 right now. In some other news, while the big players in the market have been buying BTC for a while now, data from the on-chain analytics firm Glassnode suggests retail investors have finally joined in. In the chart, the data of the Accumulation Trend Score is shown for the different segments of the Bitcoin userbase. The “Accumulation Trend Score” is an indicator that tells us about whether the BTC investors are accumulating or distributing. From the graph, it’s visible that the score has recently been pretty close to 1 for the 1,000 to 10,000 BTC cohort. This means that these large hands, popularly known as the whales, have been showing a near-perfect accumulation trend. The latest rally in the cryptocurrency may be a product of this conviction. While the whales have been buying, the rest of the Bitcoin market has been showing behavior that tends more toward distribution. The mega whales, carrying more than 10,000 BTC, have remained in selling mode with an Accumulation Trend Score around 0.3. Related Reading: Bitcoin Breaks $118,000—But Liquidity Still Thin, Glassnode Warns Until recently, the hands with less than 1 BTC, the retail, were in a phase of distribution, but it seems the latest rally has caused them to change their tune, as they have started buying. BTC Price Bitcoin went up to $123,000 earlier, but it seems the asset has since seen a setback as its price is down to $119,900. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
BitcoinWorld Cognition AI Dominates with Strategic Windsurf Acquisition Amidst Fierce Bidding War The world of artificial intelligence is moving at a breakneck pace, and nowhere is this more evident than in the specialized niche of AI coding . For those tracking the convergence of cutting-edge technology and market dynamics, the latest news sends ripples across the tech landscape: Cognition, the innovative force behind the viral Devin AI agent , has officially acquired Windsurf. This pivotal development not only solidifies Cognition’s position but also highlights the intense, high-stakes competition defining the current AI startup acquisition arena. Cognition AI’s Strategic Play: Securing a Key Asset In a move that underscores its ambition, Cognition AI announced its definitive agreement to acquire Windsurf. This acquisition comes shortly after a whirlwind of activity surrounding Windsurf, showcasing the immense value placed on advanced AI coding capabilities. Cognition, already making waves with Devin, its autonomous AI coding agent, aims to bolster its offerings and accelerate its product roadmap through this strategic integration. The acquisition brings Windsurf’s intellectual property and product suite under Cognition’s umbrella. This includes Windsurf’s AI-powered integrated development environment (IDE), a tool highly regarded in the developer community. The goal is clear: to enhance Devin’s capabilities and eventually integrate Windsurf’s advanced features directly into Cognition’s core products, creating a more robust and comprehensive AI coding solution. The Fierce Battle for Windsurf: A Look at the Windsurf Acquisition The path to the Windsurf acquisition was anything but straightforward. Days before Cognition’s announcement, Windsurf found itself at the center of an unprecedented bidding frenzy. Google made headlines with a staggering $2.4 billion ‘reverse-acquihire,’ securing Windsurf’s CEO Varun Mohan, co-founder Douglas Chen, and several research leaders. This unusual deal left the majority of Windsurf’s 250-person team and its core assets available, creating a unique opportunity for other contenders. Prior to Google’s intervention, OpenAI had reportedly offered $3 billion to acquire Windsurf, an offer that ultimately expired. This sequence of events — a multi-billion dollar offer from OpenAI, followed by Google’s targeted hiring spree, and then Cognition’s successful acquisition of the remaining entity — paints a vivid picture of the extreme competition for top-tier AI talent and technology. As Jeff Wang, Windsurf’s interim CEO, remarked, ‘The last 72 hours have been the wildest rollercoaster ride of my career,’ a sentiment that perfectly captures the current volatility in the AI market. What Does This Mean for the AI Coding Market? The frenetic pace of deals like the Windsurf acquisition signifies a new peak in the race to develop sophisticated AI coding products. Companies are scrambling to gain an edge, recognizing that advanced AI agents capable of writing, debugging, and deploying code autonomously could revolutionize software development. This intense competition is driving valuations sky-high and leading to creative, sometimes unconventional, acquisition strategies. The focus is on building AI that can truly augment or even automate the software development lifecycle. With Windsurf’s reported $82 million in annualized recurring revenue (ARR) and a rapidly growing enterprise customer base of over 350 clients, along with hundreds of thousands of daily active users, its value was undeniable. This acquisition underscores the market’s hunger for proven AI solutions that deliver tangible results and a strong user base. How Will the Devin AI Agent Evolve After This Acquisition? The immediate focus for the integrated Windsurf team will be to contribute to and build out Devin, Cognition’s flagship Devin AI agent . Devin gained significant attention for its ability to perform complex coding tasks autonomously, from writing entire applications to debugging intricate codebases. By bringing Windsurf’s expertise and technology into the fold, Cognition aims to accelerate Devin’s development and expand its capabilities even further. This integration is expected to lead to a more powerful and versatile AI coding assistant, potentially setting new industry standards. Developers can anticipate more intuitive interfaces, enhanced code generation, and improved debugging functionalities as the combined strengths of Cognition and Windsurf are leveraged. The long-term vision is to fully integrate Windsurf’s IP and capabilities, creating a seamless and superior developer experience. Prioritizing Talent: A New Standard in AI Startup Acquisition? In a notable contrast to Google’s deal, Cognition emphasized its commitment to the Windsurf team. While The Information reported that many Windsurf employees who joined recently did not receive a payout from Google’s reverse-acquihire, Cognition explicitly stated that 100% of the remaining Windsurf employees will participate financially in this deal. Furthermore, Cognition has waived vesting cliffs for their work to date, a move likely to boost morale and ensure retention. This approach to AI startup acquisition sets an important precedent, highlighting the value placed on human capital in this highly competitive industry. In a market where talent is often the most critical asset, ensuring fair compensation and stability for acquired teams can be a significant differentiator. It reflects a growing understanding that successful integration relies not just on technology, but on the people who build and refine it. The acquisition of Windsurf by Cognition marks a significant moment in the rapidly evolving AI coding landscape. It’s a testament to the immense value and strategic importance of AI-powered development tools. As companies like Cognition continue to innovate and consolidate, the future of software creation is poised for unprecedented transformation. This story is still developing, and the implications for developers and the broader tech ecosystem will undoubtedly unfold in exciting ways. To learn more about the latest AI coding market trends, explore our article on key developments shaping AI models features, institutional adoption. This post Cognition AI Dominates with Strategic Windsurf Acquisition Amidst Fierce Bidding War first appeared on BitcoinWorld and is written by Editorial Team