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October 25, 2025, 6:45 PM
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memeorandum
WeSmirchTop News
| Bloomberg: |
How Changpeng Zhao's pardon frees him to refocus on reclaiming ground in the US market, where Binance.US only has a 0.75% share of bitcoin trading volume — Hours after receiving a pardon from President Donald Trump, Binance Holdings Ltd.'s billionaire co-founder Changpeng Zhao issued a thank …
More: NewsBTC, Politico, U.S. House Committee …, The Coin Republic, Inside Bitcoins, Cointelegraph, Bitcoin Insider, Unchained, CoinDesk, Benzinga, Watcher Guru, CoinGape, and CoinJournal
X: @cz_binance and @namdar
| The Information: |
Sources: OpenAI is developing AI tools to generate music from text and audio prompts, including capabilities such as adding guitar accompaniment to vocal tracks — OpenAI recently made a splash with artificial intelligence that generates short videos from text prompts—say, a scene from …
More: TechCrunch, The Decoder, Digital Trends, and WinBuzzer
X: @_mrosenfield, @nearcyan, @tegmark, @yoemsri, @deryatr_, @vraserx, @synthwavedd, @cgoodman308, @rileybrown_ai, @cleanzmedia, @ideafaktory, @xinsidercrypto, @herbiebradley, @mpawlo, @andrewcurran_, @_simonsmith, @thisismarkpaul, @kimmonismus, @jasonbotterill3, @obie, @doomslide, and @btibor91
Bluesky: @jtbutthead, @wowbaggert, @justincoke, @edzitron.com, @veryrecent1, and @paulwaldman. Forums: r/singularity
| Aigerim Turgunbaeva / Reuters: |
Kyrgyzstan launches a national stablecoin and a CBDC in partnership with Binance; CZ says a national cryptocurrency reserve includes Binance's BNB token — Kyrgyzstan has launched a national stablecoin and a central bank digital currency in partnership with cryptocurrency exchange Binance, President Sadyr Japarov said on Saturday.
More: CoinDesk, The Block, 24.kg, Bitcoin Insider, Coinpedia Fintech News, Modern Diplomacy, crypto.news, CoinGape, CryptoNinjas, and Bitcoinist.com
X: @cz_binance, @cz_binance, and @realyanxin
| Will Oremus / Washington Post: |
A profile of Wikipedia co-founder Larry Sanger, who left in 2002 and whose claims that Wikipedia has a liberal bias are fueling the right's campaign against it — Larry Sanger's long-standing claims of liberal bias and mismanagement at the world's dominant online encyclopedia are being enthusiastically embraced on the right.| Alex Scott / Chemical & Engineering News: |
Glasgow-based Chemify, which combines AI with robotics and chemistry to rapidly make novel molecules for pharmaceutical companies, raised a $50M Series B — Scottish firm will use the cash to advance its AI platform and robotics system to rapidly make novel molecules
More: Silicon Canals, UK Tech Investment News, Pulse 2.0, Unite.AI, and Business Wire
X: @andrewe_dunn, @wing_vc, @kiranshaw, and @kiranshaw
LinkedIn: Chemify Limited, Scottish Enterprise, Jamie Macfarlane, and Andrew Dunn
| RT Watson / The Block: |
Pave Bank, which lets businesses manage both fiat and digital assets in real time, raised a $39M Series A led by Accel, with Tether and others participating — - Pave Bank raised $39 million in a Series A funding round led by Accel, with participation from Tether Investments, Wintermute, and others.
More: The Economic Times, DealStreetAsia, Entrepreneur, Forbes, Tech in Asia, FinTech Global, TNGlobal, FinTech Global, and IT Brief UK
X: @simonvc and @accel_india
| Forbes: |
A look at AI startups aiming to address loneliness among the elderly; a study predicts the AI market for aging and elderly care will grow to over $43B in 2025 — The AI boom has brought with it a new crop of startups looking to build a business on an urgent but vaguely dystopian idea: solving loneliness among the elderly.
LinkedIn: Jessi Gormezano, Krzysztof Ostrowski, Rashi Shrivastava, Forbes, and Richard Nieva
Bluesky: @kathleen.loadingreadyrun.com, @dixonij, @derscheid, @realjmw, @ndrew, @eotimpulse, @alexarrelia, @rovaz, @jarjarfan69, @tbiguy, @dulanyw, @edzitron.com, @guillotineshout, and @andrewmceo. Mastodon: @metin@graphics.social
| CTech: |
Crypto infrastructure provider Fireblocks acquires Dynamic, which streamlines crypto wallet setup, authentication, and onboarding for 50M+ accounts, for ~$90M — The Israeli digital asset firm, valued at $8 billion, broadens its platform amid industry-wide stablecoin momentum.
More: CoinDesk, Fireblocks, FinTech Global, The Block, Cointelegraph, Bloomberg, Tech in Asia, Globes, and FinTech Global. LinkedIn: Itay Frishman
| Bloomberg Law: |
President Trump picks Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push — President Donald Trump has picked Michael Selig to chair the Commodity Futures Trading Commission, according to an administration official, who asked not to be identified discussing personnel matters.
More: CoinGape, Cryptonews, Coinspeaker, Bitcoin Insider, Coinpedia Fintech News, BeInCrypto, Cointelegraph, Decrypt, Blockonomi, Bitcoin Magazine, Reuters, Blockworks, The Block, and Crypto Briefing
X: @billhughesdc, @xethalis, @xethalis, @xethalis, @xethalis, @xethalis, @milesjennings, @cdixon, @perkinscr97, @rleshner, @digitalchamber, @0xfoobar, and @jacobrobinsonjd. LinkedIn: Carl Kennedy
| Reuters: |
Xiaomi says surging memory chip prices have raised the cost of making smartphones, after pricing of its new Redmi K90 series disappointed Chinese consumers — Chinese smartphone manufacturer Xiaomi (1810.HK) on Friday said surging memory chip prices have raised the cost of making handsets …
More: Tom's Hardware, MarketWatch, and Benzinga
| Natalie Lung / Bloomberg: |
Grab is investing an undisclosed amount in May Mobility as part of a multiyear deal, which includes bringing robotaxis to Southeast Asia as soon as 2026 — Grab Holdings Ltd., Southeast Asia's largest ride-hailing and delivery company, is backing driverless technology developer May Mobility Inc … | Bloomberg: |
Sources: PayPal to take over Carlyle's stake in Shopware, a German provider of e-commerce tools to merchants, with PayPal's stake increasing to ~41% from ~11% — PayPal Holdings Inc. is taking over a stake in German digital commerce company Shopware AG from a Carlyle Group Inc. fund, according to people with knowledge of the matter.
More: PYMNTS.com
| Greg Bensinger / Reuters: |
Lindo St. Angel, VP of hardware at Amazon's Lab126 R&D unit since 2010, plans to leave on October 31; he helped develop the Echo, Astro robot, and Fire tablet — A fifteen-year veteran of Amazon's devices division who had a hand in developing many of the most recognizable gadgets … | Junko Fujita / Reuters: |
Shares of Japanese optical fiber maker Fujikura are up ~171% YTD, outpacing the Nikkei's 22% and lifting its market cap to $33B+ amid the AI data center boom — - Shares in optical fibre maker up 160% since start of 2025 — Founded in 1885, Fujikura started out making silk and insulated wiresSponsor Posts
ElevenLabs:
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
Intel:
5G's most deployed platform — Powering live networks with built-in Inference across Core and RAN. That's the power of Intel Inside®
5G's most deployed platform — Powering live networks with built-in Inference across Core and RAN. That's the power of Intel Inside®
Zoho:
WorkDrive 6.0: Advancing toward intelligent enterprise content management (Phase 1) — Artificial intelligence is redefining how enterprises process data. Large language models can understand context …
WorkDrive 6.0: Advancing toward intelligent enterprise content management (Phase 1) — Artificial intelligence is redefining how enterprises process data. Large language models can understand context …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Cheeky Pint:
Compliance at scale and why TAM is a distraction with Christina Cacioppo of Vanta
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Invest Like the Best:
Sergey Levine - Building LLMs for the Physical World
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
The Talk Show With John Gruber:
'You're Going to Have the Niggles', With Christina Warren
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Lenny's Podcast:
From skeptic to true believer: How OpenClaw changed my life | Claire Vo
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Why OpenAI Killed Sora, Did Apple Just Save Siri?, Meta's Big Loss
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
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