Ferrari is tapping into crypto markets and tech-rich youngsters with a planned new digital token that its wealthiest fans will be able to use in an auction for a Ferrari 499P, the endurance car that won three straight Le Mans titles. From a report: The plan for now is limited in scope and is an effort by the Italian sports car maker to tap into a trend among luxury brands seeking access to the growing wealth of younger tech entrepreneurs, as AI and data centres drive investment and markets around the world.

It comes after Ferrari, which is also developing its first electric car, began accepting Bitcoin, ethereum and USDC for car purchases in the United States in 2023 and extended the service to Europe last year. Ferrari is working with Italian fintech Conio to launch the 'Token Ferrari 499P' for members of its Hyperclub -- which groups 100 of its most exclusive clients, with a passion for endurance races -- to trade amongst themselves and bid on the racing model.

An anonymous reader shares a report: When Coinbase's quarterly earnings call wrapped up Thursday, its chief executive, Brian Armstrong, didn't finish with profit guidance or statements of confidence. He closed it out with a list: "Bitcoin, Ethereum, blockchain, staking and Web3." Those weren't random buzzwords. They were part of an $84,000 betting market [non-paywalled source].

Across prediction market platforms Kalshi and Polymarket, users had wagered on which words would be spoken during the call -- part of a niche category known as mention markets, where the outcome isn't tied to earnings, price moves or sports games, but to what people say in some public forum. With the final analyst question complete, several terms listed in contracts were still unsaid. Armstrong ticked them off one by one.

"I was a little distracted because I was tracking the prediction market about what Coinbase will say on their next earnings call," he said in his parting remarks. "I just want to add here the words Bitcoin, Ethereum, blockchain, staking, and Web3 -- to make sure we get those in before the end of the call." The exchange's CEO had just moved a market -- even if only a small one.

Mention markets are one of the more curious byproducts of the broader prediction market boom, but also one of the more controversial. Platforms like Kalshi, which is regulated by the Commodity Futures Trading Commission, and Polymarket, which is in the process of returning to the US market, let users wager on the outcomes of real-world events. That can mean elections, policy decisions, or sports -- but also, increasingly, corporate rituals and even common jargon.

An anonymous reader shares this report from the Associated Press: Myanmar's military has shut down a major online scam operation near the border with Thailand, detaining more than 2,000 people and seizing dozens of Starlink satellite internet terminals, state media reported Monday... The centers are infamous for recruiting workers from other countries under false pretenses, promising them legitimate jobs and then holding them captive and forcing them to carry out criminal activities.

Scam operations were in the international spotlight last week when the United States and Britain enacted sanctions against organizers of a major Cambodian cyberscam gang, and its alleged ringleader was indicted by a federal court in New York. According to a report in Monday's Myanma Alinn newspaper, the army raided KK Park, a well-documented cybercrime center, as part of operations starting in early September to suppress online fraud, illegal gambling, and cross-border cybercrime.

President Donald Trump has pardoned the Founder of Binance, Changpeng Zhao, who pleaded guilty to anti-money-laundering violations and served prison time. The Associated Press reports: Zhao has deep ties to World Liberty Financial, a crypto venture that the Republican president and his sons Eric and Donald Jr. launched in September. Trump's most recent financial disclosure report reveals he made more than $57 million last year from World Liberty Financial, which has launched USD1, a stablecoin pegged at a 1-to-1 ratio to the U.S. dollar. World Liberty Financial also recently announced that an investment fund in the United Arab Emirates would be using $2 billion worth of USD1 to purchase a stake in Binance. Zhao also has publicly said that he had asked Trump for a pardon that could nullify his conviction.

White House press secretary Karoline Leavitt said in a statement Thursday that the Biden administration prosecuted Zhao out of a "desire to punish the cryptocurrency industry." She said there were "no allegations of fraud or identifiable victims," though Zhao had pleaded guilty in November to one count of failing to maintain an anti-money-laundering program.

British Columbia is permanently banning new cryptocurrency mining operations from connecting to its power grid to conserve electricity for industries that generate more jobs and tax revenue. The province is also capping power allocations for AI and data centers, while launching a competitive allocation process in January 2026. CoinDesk reports: The move from the government of Canada's third-most populous province is part of a broader legislative and regulatory overhaul unveiled Monday [...]. "Government will also implement several regulatory and policy changes in fall 2025 that will ... permanently ban new BC Hydro connections to the electricity grid for cryptocurrency mining to preserve the province's electricity supply and avoid the overburdening of the electricity grid," the government said in a post on its website

The province said the restrictions will help prevent grid strain and ensure industrial development is powered by clean electricity. "We're seeing unprecedented demand from traditional and emerging industries," Charlotte Mitha, the president and CEO of power utility BC Hydro, said in the web post. "The province's strategy empowers BC Hydro to manage this growth responsibly, keeping our grid reliable and our energy future clean and affordable." Crypto mining operations often consume large amounts of electricity without creating many local jobs or tax revenue, according to the statement. By contrast, projects like mines or liquefied natural gas (LNG) facilities are seen as more beneficial to the economy.

Paxos mistakenly minted $300 trillion of PayPal's PYUSD stablecoin on Wednesday during an internal transfer. Within minutes, the company identified the error and burned the excess tokens. The transaction appeared on Etherscan, then was quietly reversed before any funds moved or users were harmed.

Paxos said there was no security breach and customer funds were safe. The amount exceeded all US dollars in circulation and surpassed the entire cryptocurrency market combined. Stablecoin issuers possess the power to create or delete billions in synthetic dollars instantly -- a capability that distinguishes them from Bitcoin transfers, which are irreversible. Tether mistakenly minted and burned $5 billion in USDT in 2019.

The U.S. Department of Justice seized about $15 billion in bitcoin from wallets tied to Chen Zhi, founder of Cambodia's Prince Holding Group, who is accused of running one of the world's biggest "pig butchering" scams. Prosecutors say Zhi's network trafficked people into forced-labor scam compounds that defrauded victims worldwide through fake crypto investment schemes. CNBC reports: The seizure is the largest forfeiture action by the DOJ in history. An indictment charging the alleged pig butcher, Chen Zhi, was unsealed Tuesday in federal court in Brooklyn, New York. Zhi, who is also known as "Vincent," remains at large, according to the U.S. Attorney's Office for the Eastern District of New York. He was identified in court filings as the founder and chairman of Prince Holding Group, a multinational business conglomerate based in Cambodia, which prosecutors said grew "in secret .... into one of Asia's largest transnational criminal organizations. [...]

The scams duped people contacted via social media and messaging applications online into transferring cryptocurrency into accounts controlled by the scheme with false promises that the crypto would be invested and produce profits, according to the office. "In reality, the funds were stolen from the victims and laundered for the benefit of the perpetrators," the release said. "The scam perpetrators often built relationships with their victims over time, earning their trust before stealing their funds."

Prosecutors said that hundreds of people were trafficked and forced to work in the scam compounds, "often under the threat of violence." Zhi and a network of top executives in the Prince Group are accused of using political influence in multiple countries to protect their criminal enterprise and paid bribes to public officials to avoid actions by law enforcement authorities targeting the scheme, according to prosecutors.

An anonymous reader shared this report from the Independent: Bitcoin and Ethereum both saw record liquidations as investors reacted to fears over a trade war, which saw many crypto investors move their money to stablecoins or safer assets... Bitcoin fell by more than 10 per cent to below $110,000, before recovering to $113,096 on Saturday morning. The value of Ethereum slumped by 11.2 per cent to $3,878. Other cryptocurrencies, including XRP, Doge and Ada, fell around 19 per cent, 27 per cent, and 25 per cent in the last 24 hours, respectively.
LiveMint shares some statistics from Bloomberg: Citing 24-hour data from Coinglass, the report noted that more than $19 billion has been wiped out in the "largest liquidation event in crypto history", which impacted more than 1.6 million traders. It added that more than $7 billion of those positions were sold in less than one hour of trading on October 10. According to data on CoinMarketCap, the cryptocurrency market cap has dived to $3.74 trillion from the record-high $4.30 trillion level, the previous day. Trading volumes as of the market close were recorded at $490.23 billion.

Bitcoin retreated on Friday, as US-China trade tensions reignited, after racing to record highs earlier in the week as persistent rate-cut bets and signs of some cooling in geopolitical tensions helped boost risk. Bitcoin was trading at $105,505.4 on Friday, down 13.15% on the day.

An anonymous reader quotes a report from the BBC: A Chinese national has been convicted following an international fraud investigation which resulted in what's believed to be the single largest cryptocurrency seizure in the world. The Metropolitan Police says it recovered 61,000 bitcoin worth more than $6.7 billion in current prices. Zhimin Qian, also known as Yadi Zhang, pleaded guilty on Monday at Southwark Crown Court of illegally acquiring and possessing the cryptocurrency. A second person appeared in court on Tuesday to admit to their role in the scheme.

Malaysian national Seng Hok Ling, of Matlock, Derbyshire, pleaded guilty at Southwark Crown Court of entering into a money laundering arrangement on or before April 23, 2024. According to the charge, he had been dealing in cryptocurrency on Qian's behalf, "knowing or suspecting his actions would facilitate the acquisition or control of criminal property by another." Between 2014 and 2017 Qian led a large-scale scam in China which involved cheating more than 128,000 victims and storing the stolen funds in bitcoin assets, the Met said in a statement.

It said the 47-year-old's guilty plea followed a seven-year probe into a global money laundering web which began when it got a tipoff about the transfer of criminal assets. Qian had been "evading justice" for five years up to her arrest, which required a complex investigation involving multiple jurisdictions, said Detective Sergeant Isabella Grotto, who led the Met's investigation. She fled China using false documents and entered the UK, where she attempted to launder the stolen money by buying property, said the Met. "By pleading guilty today, Ms Zhang hopes to bring some comfort to investors who have waited since 2017 for compensation, and to reassure them that the significant rise in cryptocurrency values means there are more than sufficient funds available to repay their losses," said Qian's solicitor Roger Sahota, of Berkeley Square Solicitors.

"Bitcoin and other cryptocurrencies are increasingly being used by organised criminals to disguise and transfer assets, so that fraudsters may enjoy the benefits of their criminal conduct," added deputy chief Crown prosecutor, Robin Weyell. "This case, involving the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to those fraudsters."

Nine major European banks are creating a Netherlands-based company to launch a euro-backed stablecoin in 2026, aiming to counter U.S. dominance in the digital token market. Reuters reports: While global stablecoin issuance stands at nearly $300 billion, euro-denominated stablecoins totalled just $620 million, according to figures released last week by the Bank of Italy, with dollar-pegged tokens overwhelmingly dominant. "The initiative will provide a real European alternative to the U.S.-dominated stablecoin market, contributing to Europe's strategic autonomy in payments," the banks said. They launched the effort, which they said will create a token that can be used for quick, low-cost payments and settlements, even as the European Central Bank voices scepticism over stablecoins.

ECB President Christine Lagarde in June told European policymakers that privately issued stablecoins posed risks for monetary policy and financial stability. As a safer alternative, she has urged European lawmakers to introduce legislation backing the launch of a digital version of the EU's single currency. Some commercial banks, however, have pushed back against the introduction of a digital euro, fearing that it would empty their coffers as customers transfer cash out of banks and into the safety of an ECB-guaranteed wallet. In addition to ING and UniCredit, the other banks participating in the new company include Banca Sella, KBC, DekaBank, Danske Bank, SEB, Caixabank, and Raiffeisen Bank International. They said that others could join the initiative, and a CEO for the company would be appointed soon. According to a recent report by Deutsche Bank, emerging market economies are adopting dollar-based stablecoins to replace local deposits and cash. "This has created a global monetary dilemma: countries should adopt stablecoins or risk being left behind. Europe is under particular pressure."

Longtime Slashdot reader schwit1 shares a report from ICO Bench: As of September 1, 2025, banks across Vietnam are closing accounts deemed inactive or non-compliant with new biometric rules. Authorities estimate that more than 86 million accounts out of roughly 200 million are at risk if users fail to update their identity verification.

The State Bank of Vietnam has also introduced stricter thresholds for transactions:
- Facial authentication is mandatory for online transfers above 10 million VND (about $379).
- Cumulative daily transfers over 20 million VND ($758) also require biometric approval.

The policy is part of the central bank's broader "cashless" strategy, aimed at combating fraud, identity theft, and deepfake-enabled scams. [...] While many Vietnamese citizens have updated their biometric data without issue, the measure has disproportionately affected foreign residents and expatriates who cannot easily return to local branches and dormant accounts that had been left inactive for years. schwit1 highlights a post on X from Bitcoin expert and TFTC.io founder Marty Bent: "If users don't comply by the 30th they'll lose their money. This is why we bitcoin."

The Shai-Hulud malware campaign impacted hundreds of npm packages across multiple maintainers, reports Koi Security, including popular libraries like @ctrl/tinycolor and some packages maintained by CrowdStrike. Malicious versions embed a trojanized script (bundle.js) designed to steal developer credentials, exfiltrate secrets, and persist in repositories and endpoints through automated workflows.
Koi Security created a table of packages identified as compromised, promising it's "continuously updated" (and showing the last compromise detected Tuesday). Nearly all of the compromised packages have a status of "removed from NPM". Attackers published malicious versions of @ctrl/tinycolor and other npm packages, injecting a large obfuscated script (bundle.js) that executes automatically during installation. This payload repackages and republishes maintainer projects, enabling the malware to spread laterally across related packages without direct developer involvement. As a result, the compromise quickly scaled beyond its initial entry point, impacting not only widely used open-source libraries but also CrowdStrike's npm packages.

The injected script performs credential harvesting and persistence operations. It runs TruffleHog to scan local filesystems and repositories for secrets, including npm tokens, GitHub credentials, and cloud access keys for AWS, GCP, and Azure. It also writes a hidden GitHub Actions workflow file (.github/workflows/shai-hulud-workflow.yml) that exfiltrates secrets during CI/CD runs, ensuring long-term access even after the initial infection. This dual focus on endpoint secret theft and backdoors makes Shai-Hulud one of the most dangerous campaigns ever compared to previous compromises.
"The malicious code also attempts to leak data on GitHub by making private repositories public," according to a Tuesday blog post from security systems provider Sysdig: The Sysdig Threat Research Team (TRT) has been monitoring this worm's progress since its discovery. Due to quick response times, the number of new packages being compromised has slowed considerably. No new packages have been seen in several hours at the time...
Their blog post concludes "Supply chain attacks are increasing in frequency. It is more important than ever to monitor third-party packages for malicious activity."

Some context from Tom's Hardware: To be clear: This campaign is distinct from the incident that we covered on Sept. 9, which saw multiple npm packages with billions of weekly downloads compromised in a bid to steal cryptocurrency. The ecosystem is the same — attackers have clearly realized the GitHub-owned npm package registry for the Node.js ecosystem is a valuable target — but whoever's behind the Shai-Hulud campaign is after more than just some Bitcoin.

An old school ransomware attack has a new twist: threatening to feed data to AI companies so it'll be added to LLM datasets. 404 Media reports: Artists&Clients is a website that connects independent artists with interested clients. Around August 30, a message appeared on Artists&Clients attributed to the ransomware group LunaLock. "We have breached the website Artists&Clients to steal and encrypt all its data," the message on the site said, according to screenshots taken before the site went down on Tuesday. "If you are a user of this website, you are urged to contact the owners and insist that they pay our ransom. If this ransom is not paid, we will release all data publicly on this Tor site, including source code and personal data of users. Additionally, we will submit all artwork to AI companies to be added to training datasets."

LunaLock promised to delete the stolen data and allow users to decrypt their files if the site's owner paid a $50,000 ransom. "Payment is accepted in either Bitcoin or Monero," the notice put on the site by the hackers said. The ransom note included a countdown timer that gave the site's owners several days to cough up the cash. "If you do not pay, all files will be leaked, including personal user data. This may cause you to be subject to fines and penalties under the GDPR and other laws."

Terraform Labs founder Do Kwon pleaded guilty in U.S. federal court to conspiracy to defraud and wire fraud over the $40 billion collapse of TerraUSD and Luna in 2022. Reuters reports: Kwon, 33, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, entered the plea at a court hearing in New York before U.S. District Judge Paul Engelmayer. He had pleaded not guilty in January to a nine-count indictment charging him with securities fraud, wire fraud, commodities fraud and money laundering conspiracy.

Accused of misleading investors in 2021 about TerraUSD - a so-called stablecoin designed to maintain a value of $1 - Kwon pleaded guilty to the two counts under an agreement with the Manhattan U.S. Attorney's office, which brought the charges. He faces up to 25 years in prison when Engelmayer sentences him on December 11, though prosecutor Kimberly Ravener said the government had agreed to advocate for a prison term of no more than 12 years provided he accepts responsibility for his crimes. "I made false and misleading statements about why it regained its peg by failing to disclose a trading firm's role in restoring that peg," Kwon said in court. "What I did was wrong."

In 2020 a YouTube video used video footage of Steve Wozniak in a scam to steal bitcoin. "Some people said they lost their life savings," Wozniak tells CBS News, explaining why he sued YouTube in 2020 — and where his case stands now: Wozniak's lawsuit against YouTube has been tied up in court now for five years, stalled by federal legislation known as Section 230. Attorney Brian Danitz said, "Section 230 is a very broad statute that limits, if not totally, the ability to bring any kind of case against these social media platforms."

"It says that anything gets posted, they have no liability at all," said Wozniak. "It's totally absolute."

Google responded to our inquiry about Wozniak's lawsuit with a statement from José Castañeda, of Google Policy Communications: "We take abuse of our platform seriously and take action quickly when we detect violations ... we have tools for users to report channels that are impersonating their likeness or business." [Steve's wife] Janet Wozniak, however, says YouTube did nothing, even though she reported the scam video multiple times: "You know, 'Please take this down. This is an obvious mistake. This is fraud. You're YouTube, you're helping dupe people out of their money,'" she said.

"They wouldn't," said Steve...
Today is Steve Wozniak's 75th birthday. (You can watch the interview here.) And the article includes this interesting detail about Woz's life today: Wozniak sold most of his Apple stock in the mid-1980s when he left the company. Today, though, he still gets a small paycheck from Apple for making speeches and representing the company. He says he's proud to see Apple become a trillion-dollar company. "Apple is still the best," he said. "And when Apple does things I don't like, and some of the closeness I wish it were more open, I'll speak out about it. Nobody buys my voice!"

I asked, "Apple listen to you when you speak out?"

"No," Wozniak smiled. "Oh, no. Oh, no."
Wozniak answered questions from Slashdot readers in 2000 and again in 2012.

And he dropped by Slashdot on his birthday to leave this comment for Slashdot's readers...

President Trump is set to sign an executive order opening up 401(k) retirements plans to alternative assets, like private equity, real estate, and cryptocurrency. The move has the potential to unlock trillions in new investment for asset managers outside of stocks, bonds, and cash, "though critics say it also could bring too much risk into retirement investments," reports Reuters. From the report: "The order directs the Securities and Exchange Commission to facilitate access to alternative assets for participant-directed defined-contribution retirement savings plans by revising applicable regulations and guidance," the White House official said on condition of anonymity. The order directs the Labor Secretary to consult with her counterparts at the Treasury Department, the SEC, and other federal "regulators to determine whether parallel regulatory changes should be made at those agencies," the official said. [...]

The new investment options carry lower disclosure requirements and are generally less easy to sell quickly for cash than the publicly traded stocks and bonds that most retirement funds rely on. Investing in them also tends to carry higher fees. In defined contribution plans, employees make contributions to their own retirement account, frequently with a matching contribution from their employer. The invested funds belong to the employee, but unlike a defined benefit pension plan, there is no guaranteed regular payout upon retirement.

Many private equity firms are hungry for the new source of cash that retail investors could offer after three years in which high interest rates shook their time-honored model of buying companies and selling them at a profit. Whatever results may come from Trump's order, it likely will not happen overnight, private equity executives say. Plaintiffs' lawyers are already preparing for lawsuits that could be filed by investors who do not understand the complexity of the new forms of investments.

The SEC has launched "Project Crypto" to overhaul outdated securities regulations for a blockchain-based future, aiming to support tokenized assets, crypto trading, and "super apps."

"To achieve President Trump's vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of moving our markets from an off-chain environment to an on-chain one," SEC chair Paul Atkins said at the "American Leadership in the Digital Finance Revolution" conference on Thursday. "I have directed the Commission staff to update antiquated agency rules and regulations to unleash the potential of on-chain software systems in our securities markets ... Federal securities laws have always assumed the involvement of intermediaries that require regulation, but this does not mean that we should interpose intermediaries for the sake of forcing intermediation where the markets can function without them." CNBC reports: Atkins, the SEC chair, highlighted "super apps" (such as one Coinbase introduced two weeks ago) as a priority of his chairmanship, noting the need to allow the apps to thrive with an "efficient licensing structure," rather than subject to multiple regulatory authorities.

So-called super apps like WeChat and Alipay -- which bundle several different services and functionalities into a single mobile app -- have long been viewed as the holy grail of financial technology by the industry. They're central to everyday life in China but haven't been successfully replicated in the West. Meta Platforms and X have made attempts to realize that vision, integrating payments, messaging and social content, among other functions.

Atkins also said the Trump administration will work to prevent "innovative" companies from being driven offshore by burdensome regulations, and said the SEC "will encourage our nation's builders rather than constrain them with red tape and one-size-fits-all rules."

PayPal has launched "Pay with Crypto" for U.S. merchants, enabling acceptance of over 100 cryptocurrencies with lower cross-border transaction fees and instant conversion to USD or its stablecoin PYUSD. "Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations," said Alex Chriss, president and chief executive of PayPal. "Today, we're removing these barriers and helping every business of every size achieve their goals. [...] By enabling seamless cross-border crypto payments, we're breaking longstanding barriers in global commerce." SiliconANGLE reports: Using the new Pay with Crypto, merchants can now accept payments in the form of numerous cryptocurrency tokens, including bitcoin, Ethereum, USD Tether and Solana. The transaction fee rate will be 0.99% for the first year, increasing to 1.5% thereafter. The company said that rate is significantly lower than international credit card fees. "Imagine a shopper in Guatemala buying a special gift from a merchant in Oklahoma City," added Chriss. "Using PayPal's open platform, the business can accept crypto for payments, increase their profit margins, pay lower transaction fees, and get near instant access to proceeds."

Merchants who accept cryptocurrency tokens can instantly convert them to dollars or PYUSD, the company's stablecoin, which is a type of cryptocurrency that maintains parity with USD so that every token is always worth $1. Funds stored as PYUSD on PayPal also earn 4% annual rewards. The company said the new service will roll out for U.S. merchants in the coming weeks. [...] Pay with Crypto will initially support cryptocurrency wallets from Coinbase, OKX, Binance, Kraken, Phantom, MetaMask and Exodus, with more planned.

Twitter co-founder/Block CEO Jack Dorsey isn't just vibe coding new apps like Bitchat and Sun Day. He's also "invested $10 million in an effort to fund experimental open source projects and other tools that could ultimately transform the social media landscape," reports TechCrunch," funding the projects through an online collective formed in May called "andOtherStuff: [T]he team at "andOtherStuff" is determined not to build a company but is instead operating like a "community of hackers," explains Evan Henshaw-Plath [who handles UX/onboarding and was also Twitter's first employee]. Together, they're working to create technologies that could include new consumer social apps as well as various experiments, like developer tools or libraries, that would allow others to build apps for themselves.

For instance, the team is behind an app called Shakespeare, which is like the app-building platform Lovable, but specifically for building Nostr-based social apps with AI assistance. The group is also behind heynow, a voice note app built on Nostr; Cashu wallet; private messenger White Noise; and the Nostr-based social community +chorus, in addition to the apps Dorsey has already released. Developments in AI-based coding have made this type of experimentation possible, Henshaw-Plath points out, in the same way that technologies like Ruby on Rails, Django, and JSON helped to fuel an earlier version of the web, dubbed Web 2.0.

Related to these efforts, Henshaw-Plath sat down with Dorsey for the debut episode of his new podcast, revolution.social with @rabble... Dorsey believes Bluesky faces the same challenges as traditional social media because of its structure — it's funded by VCs, like other startups. Already, it has had to bow to government requests and faced moderation challenges, he points out. "I think [Bluesky CEO] Jay [Graber] is great. I think the team is great," Dorsey told Henshaw-Plath, "but the structure is what I disagree with ... I want to push the energy in a different direction, which is more like Bitcoin, which is completely open and not owned by anyone from a protocol layer...."

Dorsey's initial investment has gotten the new nonprofit up and running, and he worked on some of its initial iOS apps. Meanwhile, others are contributing their time to build Android versions, developer tools, and different social media experiments. More is still in the works, says Henshaw-Plath.

"There are things that we're not ready to talk about yet that'll be very exciting," he teases.

President Trump signed the GENIUS Act into law, marking the first major U.S. regulation of stablecoins by creating a legal framework for their issuance and consumer protections, while also championing crypto innovation as a major financial revolution. The bill passed the House on Thursday with the support of 206 Republicans and 102 Democrats. From a report: Members of Congress and top executives from Robinhood, Tether, Gemini and other crypto and financial firms were in attendance for the signing ceremony. The fate of the GENIUS Act was in question earlier this week when a dozen conservatives stymied a procedural vote. A compromise was ultimately reached, and the holdouts allowed the legislation to proceed. The president on Friday suggested that he spoke to the holdouts individually on the phone to persuade them, after House Speaker Mike Johnson told him there were a dozen Republicans opposing the bill.

"The good news is, I call up, 'Hello, Jim, how are you?' 'Sir, you have my vote.' Boom. 'Sir, you have my vote.' I really just, they just want a little love," he said. "Unfortunately, it's always the same 12 people." David Sacks, the venture capitalist-turned Mr. Trump's AI and crypto czar, said the president "stepped in and saved this bill." Mr. Trump also said Vice President JD Vance had been on the phone late at night, helping push the legislation through.