Stock in Figma (Figure) rose 198% on the first day of trading on the New York Stock Exchange after raising $1.2 billion for an initial public offering (IPO) on Wednesday.The company priced at $33 per share under the ticker “Fig” and treasures the company at around $20 billion. The stock changed hands at $98 in early trading on Thursday, suggesting a valuation of nearly $60 billion.Design Software developer Figma previously disclosed ownership of the Bitwise Bitcoin ETF (BITB) worth around $70 million and said he plans to purchase an additional $30 million worth of Spot Bitcoin (BTC).Although Figma is not…
Author: ₿e Proud
At one point, an app called Twitterrific was one of the most popular iPhone apps for browsing Twitter. These days, the company behind that app, and the many apps that followed, is struggling. And AI may partially be to blame. On Wednesday, the company known as the Iconfactory admitted it was at a crossroads and was putting up several of its apps for sale due to a lack of resources. While the announcement positioned the matter as a situation where the Iconfactory’s app catalog had simply grown to include too many apps to keep up with and not enough time…
Quora’s AI platform Poe announced on Thursday that it’s releasing an API that allows developers to easily access different models or bots for their own applications. The API doesn’t require a separate fee. Instead, usage is tracked via Poe’s existing point-based subscription plans, where each model call costs a set number of points. For instance, low-quality image generation through GPT-4o in a 1:1 aspect ratio and 1024×1024 size would cost 328 points. Today, Poe’s plans include the $4.99 per month plan (10 thousand points per day), the $19.99/mo plan (1 million points per month), the $49.99/mo plan (2.5 million points…
Dogecoin prices are currently down more than 70% The highest ever, about $0.74. However, crypto analysts predict that this top meme coin is very likely to reach a new ATH. Based on repeated historical patterns and powerful technical signals, the analysis suggests that Dogecoin is preparing for an important breakout It can open the door to a powerful gathering. Dogecoin Price records new ATHs immediately According to a fresh analysis by cryptography expert Javon Marks, Dogecoin sets the highest ever high It’s “very expensive” in this cycle. Marks outline A compelling case by comparing Dogecoin’s current market structure with historic…
OpenAI said Thursday that it plans to launch Stargate Norway, its first AI data center in Europe, in partnership with British AI cloud infrastructure provider Nscale and Norwegian energy infrastructure firm Aker. Nscale will design and build the site, and it will be a 50/50 joint venture between the two companies. OpenAI will be an “off-taker” in the project, buying capacity from the data center. The announcement comes as Europe races to achieve AI sovereignty and invest in data centers and compute power. Earlier this week, the bloc unveiled details of its multibillion-dollar investment into AI infrastructure, including €10 billion…
Key Takeaways Circle will launch native USDC and CCTP v2 on Hyperliquid’s platform. The integration enables seamless USDC transfers and new DeFi use cases on Hyperliquid. Share this article Circle will bring native USDC and Cross-Chain Transfer Protocol (CCTP) version 2 to Hyperliquid, a popular decentralized exchange, the company announced today. Native @USDC and CCTP V2 are coming soon to @HyperliquidX. What native USDC brings:✅ A regulated, fully reserved stablecoin, redeemable 1:1 for US dollars✅ Institutional on/offramps via Circle Mint✅ Liquidity for DeFi, trading, perps, and more What CCTP V2 unlocks:✅… pic.twitter.com/xO0xDuSiDM — Circle (@circle) July 31, 2025The deployment of…
Global Payments Provider Visa (V) is expanding its Stablecoin Settlement Platform to new blockchains and Stablecoins, the company announced Thursday.The company will now support page tokens, PayPal USD (PYUSD) and Global Dollar (USDG) for $2 through its partnership with Paxos. We have also added euro-collateralized euros issued by Circle Internet (CRCL) to allow partners to access payments in both the US dollar and the euro.Two new blockchains, Stellar (XLM) and Avalanche (Avax), will participate in existing support for Visa’s Ethereum (ETH) and Solana (SOL). With the addition, the company’s payment platform supports four stub coins, including USDC, across four blockchains.The…
Google is testing a machine-learning-powered tech in the U.S. to determine the age of users and filter content across all its products accordingly. The company said it will consider data from Google accounts, including types of details users have searched for or categories of videos they have watched on YouTube, to determine the age. If the company’s tool decides that a user is under 18, they would get an email with details about how Google products might change for them. For these users, Google will disable the timeline in Maps, stop personalized ads, restrict age-restricted ad categories, and bar them…
On July 31st, something unusual and unsettling happened at the price of Bitcoin. Five minor wallets, which have not been touched for over 15 years since April 2010, have moved nearly $250 BTC to two new addresses. These wallets were created on the early days of Bitcoin when mined on a basic CPU and few people imagined it would become a trillion dollar asset. Their sudden revitalization adds fuel to weeks of chain activity, already in a few weeks of chains, including billions of dollars relocation by the satoshi-era whales and aggressive institutional movements. The market pays attention when the…
Key Takeaways Visa has added PYUSD, USDG, and EURC stablecoins to its settlement platform. The expansion includes support for Stellar and Avalanche blockchains, enabling broader cross-border and onchain transactions. Share this article Visa is expanding its stablecoin settlement platform to include PayPal USD (PYUSD), Global Dollar (USDG), and Circle’s euro-backed EURC stablecoin, along with support for two additional blockchains, Stellar and Avalanche, the company said Thursday.The payments giant is building on its existing stablecoin infrastructure, which already operates on the Ethereum and Solana networks. Through a new partnership with Paxos, Visa will integrate PYUSD and USDG into its settlement system.…