News
4 Sept 2025, 06:03
Ripple CTO Torches Litecoin Influencer Over XRP Attack
David Schwartz, chief technology officer at Ripple, has fired back at a Litecoin influencer over a critical XRP comment
4 Sept 2025, 05:48
Bitcoin Adoption Shifts to Lightweight Entry: Why Digital Asset Treasuries (DAT) Outpace ETFs and Exchanges
According to Caixin, NewFire Technology CEO Weng Xiaoqi said that Digital Asset Treasuries, cryptocurrency ETFs and traditional exchanges function as primary on‑ramps for institutional capital into crypto trading. Historically exchanges
4 Sept 2025, 01:55
TON Strategy Unveils Bold Rebranding and $250M Share Buyback
BitcoinWorld TON Strategy Unveils Bold Rebranding and $250M Share Buyback Exciting news is rippling through the cryptocurrency and investment world! Verve Technology, a prominent Nasdaq-listed strategic investor, is undergoing a significant transformation. The company has officially announced its rebranding to TON Strategy , signaling a clear and focused direction towards The Open Network (TON) ecosystem. This pivotal shift also comes with an ambitious plan to buy back $250 million of its own shares, underscoring a strong commitment to shareholder value and its renewed strategic focus. What Does This Rebrand to TON Strategy Signify for Investors? The decision to rebrand from Verve Technology to TON Strategy is more than just a name change; it’s a strategic declaration. This move highlights the company’s deepened commitment to The Open Network, positioning itself as a dedicated player in the TON ecosystem. Along with the new identity, investors will see a change in the company’s stock ticker from VERB to TONX, making it easier to identify the company’s primary investment focus. This rebranding: Clarifies Focus: Directly communicates the company’s core investment strategy. Aligns Brand with Vision: Ensures the corporate identity reflects its operational priorities. Signals Commitment: Demonstrates a long-term dedication to the growth and development of TON. For current and prospective investors, this change provides a transparent view into where the company sees its future growth. It emphasizes a strategic pivot, aiming to leverage the potential of the TON blockchain. The Power of the $250 Million Share Buyback: Boosting Shareholder Value Alongside the exciting rebrand, TON Strategy ‘s board of directors has approved a substantial $250 million share buyback program. A share buyback, or share repurchase, is a corporate action where a company buys back its own shares from the open market. This action typically reduces the number of outstanding shares, which can: Increase Earnings Per Share (EPS): With fewer shares, the company’s profit is divided among a smaller pool. Boost Share Price: Reduced supply can lead to increased demand and, consequently, a higher share price. Signal Confidence: A buyback often indicates that management believes the company’s stock is undervalued. Interestingly, TON Strategy has outlined a unique approach: if its share price trades above net asset value following the buyback, it may issue new shares. These newly issued shares would then fund additional purchases of TON, creating a dynamic feedback loop between its stock performance and its core investment in The Open Network. This mechanism showcases a forward-thinking approach to capital allocation. Why the Focus on TON? Understanding TON Strategy ‘s Vision The Open Network (TON) is a decentralized blockchain project originally initiated by Telegram. It boasts impressive scalability, speed, and a growing ecosystem of applications and services, including TON Wallets, decentralized exchanges, and gaming platforms. TON Strategy ‘s intensified focus on TON is a testament to the network’s potential to become a significant player in the broader blockchain landscape. This strategic investment is driven by several factors: Scalability: TON’s architecture is designed for high transaction throughput, crucial for mass adoption. Ecosystem Growth: A rapidly expanding community and developer base are building innovative solutions on TON. Market Opportunity: The potential for TON to capture a significant share of the decentralized finance (DeFi) and Web3 markets is substantial. By aligning its entire brand and investment strategy with TON, the company aims to capitalize on this emerging opportunity, positioning itself at the forefront of this promising blockchain technology. This bold move reflects a calculated risk with potentially high rewards. A Bold New Chapter for TON Strategy The transformation of Verve Technology into TON Strategy , coupled with a substantial share buyback, marks a truly exciting new chapter. This strategic pivot underscores a strong belief in The Open Network’s future and a clear commitment to enhancing shareholder value. As TON Strategy embarks on this journey, the cryptocurrency community and investors will be keenly watching how this focused approach translates into growth and innovation within the TON ecosystem. This bold step is poised to make TON Strategy a key entity to observe in the evolving digital asset space, demonstrating how traditional investors are increasingly embracing the potential of decentralized technologies. The future looks promising for this newly focused entity. Frequently Asked Questions (FAQs) Q1: What is the main reason for Verve Technology’s rebrand to TON Strategy? A1: The rebrand to TON Strategy is a strategic move to clearly align the company’s identity and investment focus with The Open Network (TON) ecosystem, signaling a deepened commitment to this blockchain technology. Q2: What will be the new stock ticker for TON Strategy? A2: Following the name change, the company’s stock ticker will switch from VERB to TONX. Q3: How does the $250 million share buyback benefit shareholders? A3: The share buyback program aims to reduce the number of outstanding shares, which can increase earnings per share, boost the share price, and signal management’s confidence in the company’s valuation and future prospects. Q4: What is The Open Network (TON)? A4: TON is a decentralized blockchain project known for its scalability and speed, with a growing ecosystem of applications and services. It was originally initiated by Telegram. Q5: Will TON Strategy issue new shares in the future? A5: Yes, the company stated that if its share price trades above net asset value following the buyback, it may issue new shares to fund additional purchases of TON, creating a strategic investment loop. Found this insight into TON Strategy ‘s rebranding and share buyback valuable? Share this article with your network and join the conversation about the future of blockchain investment! Your support helps us deliver more timely and expert analysis. To learn more about the latest cryptocurrency market trends, explore our article on key developments shaping cryptocurrency institutional adoption. This post TON Strategy Unveils Bold Rebranding and $250M Share Buyback first appeared on BitcoinWorld and is written by Editorial Team
3 Sept 2025, 21:15
Apple Siri’s Revolutionary AI Upgrade: Powered by Google Gemini?
BitcoinWorld Apple Siri’s Revolutionary AI Upgrade: Powered by Google Gemini? In the fast-evolving world of technology, where innovation drives market shifts and redefines user experiences, a potential alliance between two tech giants is stirring significant excitement. Imagine your iPhone, a device already central to daily life, becoming even smarter, more intuitive, and remarkably powerful. This isn’t just a futuristic vision; it’s the imminent reality as Apple reportedly gears up for a monumental Apple Siri upgrade, potentially fueled by Google’s cutting-edge Google Gemini AI. For those tracking the pulse of digital transformation, this development signals a pivotal moment, not only for consumer tech but also for the broader AI landscape, impacting everything from data processing to user interaction paradigms. The Urgent Need for an Apple Siri Revolution For years, Apple’s virtual assistant, Siri, has been a familiar voice to millions of iPhone users. However, in the rapidly accelerating artificial intelligence race, Siri has faced increasing criticism for falling behind competitors like OpenAI’s ChatGPT, Perplexity, and even Google’s own AI offerings. While reliable for basic tasks, Siri has often struggled with complex queries, nuanced conversations, and providing the kind of dynamic, context-aware assistance that modern AI chatbots deliver. This gap in capabilities has not gone unnoticed within Apple, leading to a reported delay in its long-awaited Siri update until 2026. The company has been intensely evaluating whether its proprietary AI models alone could sufficiently enhance Siri to compete with the sophisticated AI answer engines available today. The pressure is immense, as consumer expectations for intelligent digital assistants have soared. An inability to deliver a truly competitive AI experience could impact Apple’s standing as a leader in consumer technology, especially as AI integration becomes a primary differentiator for smartphones and other smart devices. Why Google Gemini is Apple’s Potential AI Powerhouse Given the urgent need for a significant leap forward, the report from Bloomberg’s Mark Gurman suggesting that Apple could be turning to Google for a solution is both surprising and strategic. Google Gemini, Google’s most advanced and versatile AI model, boasts impressive multi-modal capabilities, meaning it can understand and operate across text, images, audio, and video. Its ability to process complex information and generate human-like responses makes it a formidable contender in the AI landscape. According to the report, Apple and Google have reached a formal agreement to test a Google AI model within Siri. This potential collaboration underscores the immense power and sophistication of Google Gemini . For Apple, leveraging an established, high-performing AI model like Gemini could provide a much-needed shortcut to bringing a competitive AI experience to its users, sidestepping years of intense development and fine-tuning that Google has already invested. It represents a pragmatic approach to catching up in a critical technological domain. Unpacking the AI Upgrade : A Glimpse into the Future of Siri The rumored AI upgrade for Siri promises to transform the way iPhone users interact with their devices and the digital world. Beyond simple commands and basic web searches, the enhanced Siri is expected to offer a comprehensive, AI-powered web search tool. This new interface will reportedly combine various media types – text, photos, and videos – with local points of interest, creating a richer, more contextual search experience. A standout feature will be an AI-powered summarization capability, allowing users to quickly grasp key information from lengthy articles or complex topics. Furthermore, the upgraded Siri is anticipated to tap into users’ personal data, with appropriate privacy safeguards, to provide highly personalized and relevant assistance. Imagine Siri not just answering a question, but understanding your preferences, schedule, and habits to offer proactive suggestions. The ability to navigate devices via voice, with a deeper understanding of user intent, will make the iPhone even more accessible and intuitive. This move signals a shift from a reactive assistant to a proactive, intelligent companion, fundamentally redefining the user-device relationship. The Broader Impact on iPhone AI and User Experience The implications of this potential partnership extend far beyond Siri alone. If successful, the technology could be integrated into other core areas of the iPhone software, including the Safari browser and Spotlight search, which is accessible directly from the Home Screen. In previous years, Spotlight had begun to evolve, allowing users to bypass traditional web searches for quick answers about popular culture, like actors, musicians, TV shows, and movies. However, with the advent of advanced AI chatbots, consumer expectations have grown for sourcing quick answers about a far wider range of topics, well beyond what could typically be found on Wikipedia. With a Gemini-powered iPhone AI , Spotlight could become a truly powerful, AI-driven knowledge hub, capable of providing instant, summarized answers to virtually any query. Safari could offer AI-enhanced browsing, perhaps summarizing web pages or providing contextually relevant information without leaving the page. This deeper integration would create a seamless and highly intelligent user experience across the entire Apple ecosystem, making the iPhone an even more indispensable tool for daily life and information access. A Strategic Tech Partnership : Apple, Google, and the AI Race This reported collaboration represents a monumental tech partnership , with significant strategic implications for both Apple and Google, and the broader technology landscape. For Apple, it’s a clear move to rapidly close the AI gap, ensuring its flagship products remain competitive and at the forefront of innovation. By potentially integrating Google’s advanced AI, Apple can deliver a cutting-edge experience to its users without having to build the entire foundational AI infrastructure from the ground up, a task that has proven immensely challenging even for tech giants. For Google, this partnership is an enormous validation of its Gemini AI model and a strategic expansion of its reach. Powering Apple’s Siri would place Gemini at the heart of billions of devices, further solidifying Google’s position as a leader in AI development. While there are potential challenges, such as navigating data privacy concerns and maintaining brand identity for both companies, the benefits of combining Apple’s hardware and user base with Google’s AI prowess could reshape the competitive dynamics of the AI industry, challenging the dominance of emerging players and established tech rivals alike. This alliance signals a new chapter in how technology giants might collaborate to accelerate innovation. A Smarter Future for Your iPhone The prospect of Apple’s Siri receiving a significant AI upgrade, potentially powered by Google Gemini, marks a pivotal moment in the evolution of consumer technology. This strategic move could address Apple’s current challenges in the AI race, bringing a truly revolutionary and intelligent experience to iPhone users by 2026. From enhanced web search and intelligent summarization to personalized interactions and voice navigation, the future of Apple Siri promises a smarter, more intuitive device at your fingertips. This collaboration between two tech titans highlights the intense competition and rapid advancements occurring in the AI sector, ultimately benefiting users with more powerful and responsive digital assistants. To learn more about the latest AI market trends, explore our article on key developments shaping AI models and institutional adoption. This post Apple Siri’s Revolutionary AI Upgrade: Powered by Google Gemini? first appeared on BitcoinWorld and is written by Editorial Team
3 Sept 2025, 19:55
CoreWeave Unleashes Strategic Advantage with OpenPipe Acquisition, Boosting AI Agent Training
BitcoinWorld CoreWeave Unleashes Strategic Advantage with OpenPipe Acquisition, Boosting AI Agent Training In a rapidly evolving digital landscape where the demand for sophisticated artificial intelligence capabilities is skyrocketing, companies are constantly seeking an edge. For those deeply invested in the transformative power of technology, including the blockchain and cryptocurrency sectors that rely on cutting-edge infrastructure, the latest strategic move by CoreWeave is highly significant. The specialized cloud provider, renowned for its high-performance servers tailored for large-scale AI model training, has announced a pivotal agreement to acquire OpenPipe . This acquisition marks a crucial step in enhancing the infrastructure that powers the next generation of intelligent systems, promising to deliver unparalleled advantages for developers and enterprises alike. CoreWeave’s Strategic Leap into Advanced AI Agent Training CoreWeave , a key player in providing robust cloud infrastructure for demanding AI workloads, has officially announced its acquisition of OpenPipe . This two-year-old startup, backed by the prestigious Y Combinator, has carved a niche for itself by empowering enterprises to develop highly customized AI agents. Their innovative approach leverages the power of reinforcement learning, a method that is rapidly gaining traction for its effectiveness in enhancing model performance on complex, reasoning-based tasks. The terms of the deal remain undisclosed, a common practice in such strategic acquisitions. However, the intent is clear: CoreWeave aims to integrate OpenPipe’s specialized expertise to broaden its service offerings and solidify its position as a go-to provider for advanced AI development. This move is not just about expanding services; it’s about providing a more comprehensive ecosystem for AI innovation, from foundational model training to the intricate development of intelligent agents. Understanding Reinforcement Learning: The Core of OpenPipe’s Innovation At the heart of OpenPipe’s value proposition is its proficiency in reinforcement learning (RL). But what exactly is RL, and why is it considered a “pivotal force” in AI development? Unlike traditional supervised learning, where models are trained on labeled datasets, reinforcement learning involves an AI agent learning to make decisions by performing actions in an environment and receiving rewards or penalties based on its outcomes. This trial-and-error process allows the AI to learn optimal behaviors over time, much like how humans learn from experience. Brian Venturo, Co-founder of CoreWeave, articulated the significance of this technology in a statement to Bitcoin World, noting, “ Reinforcement learning is emerging as a pivotal force to strengthen model performance on agentic and reasoning tasks.” This highlights RL’s critical role in building AI systems that can not only process information but also understand context, make decisions, and interact intelligently with their environment. OpenPipe’s popular open-source toolkit, ART (Agent Reinforcement Trainer), exemplifies this approach, providing developers with robust tools for creating sophisticated AI agents. Empowering the Next Generation of AI Agents with CoreWeave’s AI Cloud The synergy between OpenPipe’s agent-training capabilities and CoreWeave’s high-performance AI cloud is a powerful combination. Developing and deploying effective AI agents , especially those trained for specific enterprise needs, demands immense computing resources. Reinforcement learning, by its very nature, is computationally intensive, requiring significant processing power to simulate environments, train agents, and iterate on learning algorithms. By bringing OpenPipe under its wing, CoreWeave is not just acquiring technology; it’s integrating a specialized skillset and a proven methodology directly into its cloud ecosystem. Venturo further elaborated on this synergy: “By combining OpenPipe’s advanced self-learning tools with CoreWeave’s high-performance AI cloud, we’re expanding our platform to give developers at AI labs and beyond an important advantage in building scalable intelligent systems.” This means that developers will have direct access to the specialized tools and the underlying compute power needed to push the boundaries of AI agent development, all within a unified platform. This strategic integration offers several key advantages: Accelerated Development: Developers can rapidly train and iterate on AI agents without worrying about infrastructure bottlenecks. Optimized Performance: Leveraging CoreWeave’s GPU-accelerated cloud ensures that reinforcement learning algorithms run efficiently, leading to faster and more effective agent training. Scalability: The combined platform provides the flexibility to scale agent training from small proof-of-concept projects to large-scale enterprise deployments. Customization: Enterprises can develop highly specialized AI agents tailored precisely to their unique operational requirements, driving efficiency and innovation. CoreWeave’s Expanding Horizon: From Foundational Models to Enterprise Solutions The acquisition of OpenPipe is the latest in a series of strategic moves by CoreWeave to expand its offerings “down the stack,” meaning it’s moving beyond simply providing raw compute power to offering more specialized platforms and tools. This strategy was evident earlier in March when CoreWeave acquired Weights & Biases, a prominent AI developer platform known for its experiment tracking and model management tools. These acquisitions collectively position CoreWeave as a comprehensive ecosystem for AI development, rather than just a hardware provider. While CoreWeave counts leading AI labs like OpenAI among its biggest customers, the company is also actively trying to appeal to smaller enterprises. The demand for customized AI agents is not limited to tech giants; a growing number of businesses across various sectors are recognizing the potential of AI to automate tasks, improve customer service, and enhance decision-making. These smaller enterprises often lack the internal resources or specialized infrastructure to build and train sophisticated AI agents from scratch. CoreWeave, by acquiring OpenPipe, aims to bridge this gap, offering accessible yet powerful solutions. The idea is to train AI agents specifically for a company’s needs, whether it’s for customer support, data analysis, or process automation. This kind of customer-specific training, as noted, requires substantial computing resources. By acquiring OpenPipe, CoreWeave not only hopes to power these services with its robust AI cloud but also to directly offer the expertise and tools required to develop them. This creates a powerful value proposition for a wide range of customers. OpenPipe’s Journey: A Testament to Innovation in AI Despite being a relatively young company, OpenPipe has quickly made a name for itself in the AI community. In March 2024, the Seattle-based startup successfully raised a $6.7 million seed round, attracting a stellar lineup of backers. These included prominent venture capital firms like Costanoa Ventures and Y Combinator, along with influential individual investors such as Google DeepMind’s Logan Kilpatrick, GitHub co-founder Tom Preston-Werner, and co-creator of GitHub Copilot Alex Graveley. This significant investment underscored the industry’s recognition of OpenPipe’s innovative approach to reinforcement learning and its potential to revolutionize AI agent development. The talent behind OpenPipe will now seamlessly integrate into CoreWeave. This means that OpenPipe’s team of experts, who have been at the forefront of developing tools like ART, will join CoreWeave, bringing their specialized knowledge and experience. Furthermore, existing customers of OpenPipe will transition to become CoreWeave customers, ensuring continuity and expanded access to CoreWeave’s extensive cloud infrastructure and support. The Future Landscape: CoreWeave’s Impact on the AI Cloud Market This acquisition has significant implications for the broader AI cloud market. As the demand for specialized AI solutions intensifies, providers capable of offering more than just generic compute power will gain a competitive edge. CoreWeave’s strategy of acquiring companies that enhance its AI development stack positions it as a leader in providing end-to-end solutions for AI innovation. The increasing interest from AI labs and startups in building enterprise products around reinforcement learning signals a maturing market where general-purpose AI models are being refined for specific, high-value applications. CoreWeave’s move to integrate OpenPipe’s capabilities means it is directly addressing this growing need, enabling businesses to deploy more intelligent, adaptive, and task-specific AI systems. This will likely drive further innovation in how AI is developed, deployed, and utilized across industries, making sophisticated AI more accessible and powerful for a wider array of users. A Unified Vision for Advanced AI The acquisition of OpenPipe by CoreWeave is a testament to the accelerating pace of innovation in artificial intelligence. By combining CoreWeave’s robust, high-performance AI cloud with OpenPipe’s cutting-edge expertise in training sophisticated AI agents through reinforcement learning , the combined entity is set to deliver an unparalleled platform for AI development. This strategic alignment promises to empower developers and enterprises alike, providing them with the tools and infrastructure necessary to build the next generation of intelligent systems that can learn, reason, and adapt. As AI continues to permeate every aspect of technology, CoreWeave’s proactive expansion ensures it remains at the forefront, driving the future of AI innovation. To learn more about the latest AI market trends, explore our article on key developments shaping AI features and institutional adoption. This post CoreWeave Unleashes Strategic Advantage with OpenPipe Acquisition, Boosting AI Agent Training first appeared on BitcoinWorld and is written by Editorial Team
3 Sept 2025, 19:50
Perplexity markets AI-first browsing experience with PayPal and Venmo
PayPal and Venmo have struck a deal with Perplexity AI to offer their customers early access to the AI startup’s new browser, Comet. The agreement will give eligible users in the US and select international markets early access to the $200 premium tier 12-month trial of Perplexity Pro, directly through the PayPal and Venmo apps. The tie-up also marks one of the first offers available via PayPal’s new subscriptions hub, which is designed to simplify the management of recurring payments. The initiative could serve as a potential route for Perplexity to bring in Paypal’s 430 million users into its platform. Perplexity markets AI-first browsing experience Perplexity launched Comet in July and opened access last month to users on its Pro and Max tiers. Unlike conventional browsers, Comet integrates generative AI tools directly into the browsing experience. Users can query personal data such as emails and calendars, generate summaries of webpages, or automate routine tasks like scheduling. The startup, backed by Nvidia, has pitched Comet as an alternative to both Google’s search dominance and OpenAI’s ChatGPT. The partnership with PayPal ensures that a large pool of users will be able to skip the waiting list and experience Comet’s premium features. In addition, US customers linking and paying for three or more subscriptions through PayPal’s hub will be eligible for a $50 cashback incentive, creating further pull toward the service. AI and fintech make moves together For PayPal, the arrangement increases the appeal of its new subscriptions hub, a feature the company is promoting as a one-stop dashboard for managing recurring charges, from streaming platforms to software packages. Offering a sought-after AI service helps to differentiate PayPal’s platform at a time when competition in payments and consumer finance apps is intensifying. For Perplexity, access to PayPal’s user base could accelerate adoption. The browser market is difficult to crack, with Google dominating the market by a very large margin, but the company is betting that embedding AI into browsing will create a compelling enough reason for users to switch. Beyond distribution, Perplexity has also been experimenting with new revenue models. Its recently unveiled Comet Plus tier, priced at $5 per month, directs 80% of revenue to participating publishers. The goal is to position Comet as a more sustainable partner for the media industry, which has voiced concern about AI systems summarizing content without adequate compensation. Comet has drawn mixed reviews Comet has drawn scrutiny from cybersecurity pros after Windows Central reported that the browser is vulnerable to indirect prompt injection and phishing exploits. While Perplexity has pledged to address these flaws, the findings also highlight the risks of deploying AI agents that interact with personal data. Looking forward, Perplexity is developing a mobile version of Comet and has been in discussions with smartphone manufacturers to pre-install the browser. The PayPal-Perplexity agreement is emblematic of how quickly AI is becoming entangled with consumer finance, digital commerce, and media distribution. For PayPal, it offers a chance to increase engagement with its vast user base; for Perplexity, it delivers the scale needed to compete with Silicon Valley’s largest players. Sign up to Bybit and start trading with $30,050 in welcome gifts