Author: rb809rb

  • Toyota’s still trying to make hydrogen fuel cells happen

    Toyota is teaming up with Daimler and Volvo to work on fuel cell technology. The Japanese company is signing on to the joint venture cellcentric that Volvo and Daimler launched back in 2020. Once it officially joins, Toyota and cellcentric will collaborate on managing the development and production of fuel cell unit cells.

    “We are deeply grateful for the opportunity to soon be joining Daimler Truck and Volvo Group as partners in building a hydrogen society,” Toyota President and CEO Koji Sato said. “cellcentric which possess deep expertise in commercial fields together with Toyota ‘s over 30 years of fuel-cell development in the passenger car sector, can combine their strengths to deliver one of the world-leading fuel cell systems for heavy commercial vehicles.”

    It’s a move that runs counter to where the auto industry has been trending. Last year, Stellantis announced that it would end its hydrogen fuel cell development program. That’s the company that owns brands including Chrysler, Citroen, Fiat, Jeep and Peugeot. GM also gave up on hydrogen in 2025. Even Toyota had rethought some of its commitment to hydrogen last year, pivoting to emphasize industrial applications rather than commercial ones.

  • What’s next after bitcoin’s historic underperformance stretch against stocks

    What’s next after bitcoin’s historic underperformance stretch against stocks

    Bitcoin’s first-quarter slump capped an unusual run: nearly six months of underperformance against U.S. equities, a stretch that has no precedent.

    “That’s never happened,” said Mark Connors, founder of Risk Dimensions, pointing to data showing bitcoin lagging stocks consistently since early October. The trend has raised fresh questions about whether the asset is behaving more like a risk trade than a hedge.

    Bitcoin fell roughly 22% in the first quarter of 2026, following a 25% decline during the final three months of 2025. Over a similar period, the S&P 500 declined far less, leaving a wide performance gap. Connors said the duration of that gap, not just the size, stands out. Previous pullbacks have been sharper but shorter.

    The weakness came amid broader market struggles. U.S. equities logged their worst quarter in four years, with the Nasdaq down more than 10% from recent highs. The combined decline across stocks and crypto erased much of the rally that followed the 2024 election.

    Policy progress has been uneven. A new SEC chair has helped clear a path for more crypto ETFs, and lawmakers have advanced measures such as the GENIUS Act. Trump also signed an executive order in August that would make it easier for 401(k) plans to include alternative assets such as cryptocurrencies, private equity and real estate, which the Labor Department proposed a rule in response to on Monday.

    March Shows Signs of Stability

    Despite the weak quarter, bitcoin held up better in March than many expected.

    The early March escalation between the U.S. and Iran sent shockwaves through global markets, driving oil prices and the U.S. dollar higher as investors reacted to supply risks and rising costs.

    The volatility triggered sharp moves across asset classes. Gold, often treated as a safe haven, saw extreme swings as margin calls and urgent liquidity needs forced selling by both institutional investors and sovereign entities. The scale of the move ranked among the most severe short-term dislocations in decades.

    Bitcoin, however, did not experience the same level of forced unwinding. The crypto rose about 1% in March, while gold fell 11% over the same period. “It really hung in there,” Connors said.

    He attributes that stability in part to earlier liquidations that cleared out leveraged positions. Bitcoin’s ability to move quickly across borders may also limit forced selling compared with physical assets.

    Outlook: A “Coiled Spring”?

    Looking ahead, Connors pointed to bitcoin’s extended stretch of underperformance relative to equities as a factor that could shape what comes next. Rolling 63-day data shows the asset has lagged the S&P 500 since October — the longest such period on record — an imbalance that has historically preceded reversals.

    If that pattern holds, bitcoin could be entering a phase where relative weakness gives way to renewed demand, particularly as macro pressures tied to debt and currency expansion continue to build in the background.

    The timing, however, may depend less on market structure and more on geopolitics. The trajectory of the Iran conflict and its impact on energy markets, liquidity and global risk appetite could determine how quickly sentiment shifts.

    “It’s either two months or two years,” Connors said.

  • Tether backed USA₮ expands to Celo in first move beyond Ethereum

    Tether backed USA₮ expands to Celo in first move beyond Ethereum

    USA₮, the dollar-backed stablecoin issued by Anchorage Digital Bank and supported by Tether, is expanding to Celo, marking its first blockchain deployment beyond Ethereum.

    The move places the regulated token on a network that has become one of the most active rails for real-world stablecoin use.

    Tether introduced the token in January as a US-regulated product issued through Anchorage Digital Bank under federal OCC oversight, positioning it as a domestic complement to USD₮ rather than a replacement for its flagship offshore stablecoin. The project was built to comply with the GENIUS Act and target US users through a more tightly regulated structure.

    Celo gives USA₮ immediate access to a distribution network that already looks built for stablecoin payments. Opera said this month that MiniPay, its self-custodial wallet on Celo, has grown to more than 14 million account registrations and processed over 420 million transactions across more than 66 countries.

    Opera and Celo also said the network now counts more than 4.23 million weekly active USD₮ users, underscoring how central stablecoins have become to activity on the chain.

    That helps explain why Celo was chosen as the first expansion chain. The network has leaned into payments with features such as fee abstraction, which lets users pay gas in stablecoins instead of a native token, along with a mobile-first design geared toward cheap and simple transfers. Celo describes itself as an Ethereum layer 2 focused on fast, low-cost payments and real-world adoption.

    Google Cloud is also part of the rollout, adding a broader infrastructure layer to the launch. The company has been expanding further into digital asset and payments infrastructure through products such as Universal Ledger, which it says is built for programmable transfers and compliance focused financial applications. In this case, the USA₮ rollout connects that infrastructure to a privacy preserving proof of humanity distribution model through Self.

  • Rocky Carroll Reacts to ‘NCIS’ Departure — But Hints How He Could Return

    Rocky Carroll didn’t see his last episode of NCIS until it aired. But Carroll — who has played NCIS Director Leon Vance on the CBS series since 2008 — didn’t watch the March 24 episode alone. “I was at a Screen Actors Guild screening in New York City with 150 total strangers. I’m sitting there watching it on screen and my biggest concern, more than anything, was [for it not to be] a boring episode,” he tells The Hollywood Reporter. “I’m watching it just like the other people and I’m like, ‘Man, that was a damn good episode.’”

    That “damn good episode” was bittersweet for longtime NCIS fans. Killing off a fan favorite who anchored the series for as many years as Carroll — especially after original star Mark Harmon stepped back as Leroy Jethro Gibbs, better known as Gibbs, on NCIS back in 2019 — was not just risky; it was highly emotional. 

    Carroll didn’t know Director Vance would die when the 23rd season of the veteran series began. When he first learned about his fare, he was caught off guard. But as he thought about Vance dying to save the agency, he saw the brilliance in it.  

    “Once we started filming, once I read the script, I was like: This is actually a really great idea, because for a 500th episode, for 23 years, if you’re not going make a move like this now, you may not ever get the chance. And it’s a really well-written episode,” he says of the “All Good Things” hour ending his 18-year NCIS tenure. 

    In the episode, NCIS is being shut down by the Department of Defense and handed over to the Army CID. Even though things are tense and unsure, there’s no indication that Vance or anyone else will lose more than their job. Vance has been arrested, however, and is being interrogated. As the episode continues, it seems slightly odd, but nothing super alarming. The team is solving a case that could save their agency. 

    Vance, who makes peace with Supervisory Special Agent Alden Parker (Gary Cole), is at the center recapping a series of events to his unnamed interrogator (Adhir Kalyan) that explains where some team members have gone, as well as details Vance’s own heroic actions, including defusing a bomb in the NCIS evidence locker and discovering that CID Agent Dolan Thompson (Matt Cook) is a dirty agent. Sadly, that discovery cost Vance his life — as Thompson shoots him three times in his chest as agents Parker and McGee (Sean Murray) arrive too late to save him. Suddenly, it becomes apparent to everyone watching that Director Vance is dead.

    As Vance is taking his final bow, his long-gone friend Ducky appears as his younger self in the form of current NCIS: Origins star Adam Campbell, who plays that character to guide the way. Before Vance exits towards the white light, a montage of past NCIS moments plays before we hear the voice of his beloved wife Jackie (Paula Newsome), who was killed in season six, saying, “Hey, baby” to welcome him to the other side. After his death, NCIS reopens with Parker returning from retirement. 

    Because Vance was only intended as a recurring role, Carroll feels especially fortunate to have played him for so long. “I’ve been in 80 percent of the episodes. Of the 500 episodes, I’ve been in close to 400 of them,” he reports. Since 2015, he’s also been behind the screen directing. “They call me Director Director when I’m directing an episode.”

    The Hollywood Reporter caught up with Carroll to discuss his reaction to the response Vance’s death has generated, some key details regarding his departure and what his future now holds.

    ***

    Are you surprised by the outpouring of love for you and Vance?

    I am very surprised, because when I joined the cast at the end of season five, it was not a big love fest. My character was this character everybody was a little wary of. I was kind of that stepdad that your mother said, “‘This is going to be your new daddy, and everybody says ‘He ain’t my daddy.’ That’s kind of how I felt. I felt like I had come into a family, and everybody was looking at me like, ‘when is he leaving?’”

    When did you start feeling that Vance was part of the family?

    It kind of happened organically as the episodes progressed. We could have just stuck to the script and written Vance as this perpetual boss from hell who comes in and makes everybody’s life miserable. But [that changed] over time [as] the actors, and even the writers, realized that [we didn’t have to make] this a one-dimensional character who’s adversarial for the sake of being adversarial.

    Mark Harmon and I had a prior relationship; we’d worked together in Chicago Hope and we just started finding the character. They thought about writing off this character 10 years ago. The thought of killing Leon Vance is not something new. They were thinking about doing this as a plot twist years ago, but because of what was taking place on screen, and because of the chemistry between Vance and Gibbs, every time they talked about it as a plot twist, everybody would go, “No, we can’t do that. He’s good now. He’s too firmly established.” As the character and stories developed, and we got to see him outside of his office — especially the episode when Director Vance loses his wife, who’s tragically killed — he noe shares the same tragic experience as the main character Gibbs [and] they’re bonded in tragedy. I think that was the beginning of when our die-hard fans were like, “He’s one of us now, he’s a part of the NCIS family.”

    Would Vance have normally been wearing a vest? 

    No! I used to always joke [that] Vance probably doesn’t even know where his gun is right now. If there was an emergency, he’d have to rifle through all the drawers in his office, because he’d be like, “Where the hell did I put this? I hadn’t used it in a while.” So no, and that was why that actually made sense. When you see the scene, you go, “Thank God he’s wearing a vest.” And it’s like, “Why would a bureaucrat who sits in his office where you’d have to get through such a chain of security to even knock on his door be sitting in his office wearing a vest?” So he doesn’t wear a vest. In his mind’s eye, he thought he was wearing a vest.

    It was just so hard to believe that Vance was dead. It was shocking!

    That is exactly what the objective was. After 23 years and 500 episodes, the executives, producers and writers could have easily done [an] episode with a whole bunch of flashbacks and retrospectives about scenes that have happened in the past, and maybe bring out a couple of surprise guest stars, and the audience would have been like, “Oh, that was nice.” We could have easily gone down that road. Your personal response is, “My character is being killed off. I’m not going to be in the last scene on the last day of the final season of NCIS. I’m not going to be there when they board up the windows and say, ‘Okay, that’s it. Everybody go home.’”

    But the one thing I do have that maybe the other characters won’t get is that my character had a very specific ending. Real closure. A friend of mine called and said “a lot of people probably forget what happened to Gibbs in his very last scene, but nobody will forget what happened to Director Vance in his last episode.”

    Usually when you get to the end of a series like NCIS, which is in season 23, who knows how much longer it’s going to go. In that final episode, where you try to tie up all the loose ends and put a button on everybody’s story, somebody’s going to get left out. The audience is going to watch and go, “Well, what happened to so and so? What happened to Agent Knight [Katrina Law]? What happened to Torres [Wilmer Valderrama]? I know I’ll be the one character, regardless of how the series ends, where people will remember what happened.

    Vance is going to shoot up as the most shocking death, for sure. It was a lovely sendoff and you are right, so many characters never get that acknowledgment. And then there’s been ongoing complaints that Black characters don’t often get proper sendoffs on TV shows.  

    The thing I’m most proud of is that I knew all those things were in play when I started playing the character. Because I had such a great working relationship with Mark Harmon, we didn’t have to hang a sign on it. All of a sudden, this is one of the most popular shows in the world, and the main character has a boss who’s a person of color. Every time we were on screen together, you didn’t have to say, “There’s a Black bureaucrat and the white agent.” You’re going to look [at the show] through whatever lens you’ve been developing. If you are a person where the dynamic of race is important, that’s the lens you’re going to look through. And I’m okay with that. So we didn’t have to write toward it [because] people are going to see it. And the people who say, “I don’t see color,” it’s like, “I’s okay to see color because this is what it is.”

    When Wilmer Valderrama joined the cast of NCIS, the first thing he said to me was, “I remember when you joined the show, and I thought, ‘wow, he broke the color barrier. You were the Jackie Robinson of this series, because you were the first person of color as a [main character] series regular.” And now you look at the racial, ethnic landscape of NCIS [and] it’s pretty amazing. We’ve come a long way.

    I always auditioned for roles that I knew weren’t traditionally written for a Black man or a person of color. And the roles that I’m most proud of are the ones where I know that the executives and the producers said we never really looked at it in that capacity. But this works, and I kind of feel like that’s sort of been my calling card for the last 30 years.

    You first started directing on NCIS in 2015. How did that come about? Did you know you wanted to direct?

    I didn’t know I wanted to direct. Everybody around me said I should. I had been at the show for about eight seasons. And this is pre-COVID, so it was like a college campus. We had visitors on set all day. People brought their dogs. People had family visiting. It was a tour every day. My managers and agents and all the people connected to me would always say, “Look at the rapport you have with the cast, the way you get along with the crew, you’d make a great director.”

    So every year, whenever it was time to renegotiate a contract, my representatives would go, “Should we put in; you want to direct?” I was like, “No. Stop pushing this thing on me.” And finally, I said, “You know what? In order to nip this in the bud, I’m going to go into the executive producer’s office and tell them that I’m interested in directing. They’re going to give me 30 reasons why it’s not possible, and then we can put this to bed.”

    I walked into the producer’s office, and I said, “I’m interested if it would be possible for me to someday direct episodes of NCIS.” And the executive producer looked at me and said, “How about eight weeks from today?” It was almost like they were waiting for me to come in and ask.

    You directed some episodes this season.

    I did “Gone Girls” and “Her,” the episode where Eleanor Bishop comes back that just aired [March 3], the first new episode of 2026, I directed. I didn’t direct the episode where Vance loses his life — because I was a little busy in that one. But I directed three episodes this season. I told everybody this never really felt that final to me because when we shot “All Good Things” where Vance loses his life, a month later, I came back and directed another episode of NCIS that hasn’t aired yet. But that’s how it came about, and literally, on a dare, I went in, asked if I could direct, and the rest is history.

    What does life after NCIS look like? 

    That’s a good question. I think it’s going to look a lot like life before NCIS, with more money in the bank. It’s like Charles Barkley said, “I haven’t worked a day in my adult life.” The last job I’ve had I was 25; I’m 62 now. I haven’t worked most of my adult life. So there’s life after NCIS. The beautiful thing about what we do also is that 62 as an actor is not like being 62 as a professional baseball player. I can still do what I do as long as I keep taking [my] memory supplement. I could probably do this for another 25 years. So it’s beautiful; the landscape is kind of wide open.

    Mark Harmon texted me: “You’re a director, you’re an actor. The field is pretty wide open. You can choose to do it, or, because you’ve had 18 years of consecutive work and you haven’t been stupid about your money, you can choose not to do anything for about a year. Or you can just be the Black Anthony Bourdain and travel around the world and eat and drink.” That’s actually my dream job. …. Honestly, I’m in no hurry to jump back into a series where I’m working 12 hours a day on the set. If somebody would pay me to travel around the world and immerse myself in their culture, eat and drink and then produce it on CNN, something like Stanley Tucci, I would do that in a heartbeat.

    Do you have any favorite episodes?

    When you’ve got 392 under your belt, it’s hard to pick a favorite. That flashback in the very last scene when Vance is about to go to the other side and walk toward the light, we do a video, sort of retrospective. Just snippets of all those scenes. And that was my first time watching the episode. That was the one time where I got choked up watching it as an audience member, because I realized, “Wow, look at all the years, all the time and all the people.” That’s how I remember my time on NCIS. Like a series of just little moments.

    Will you still watch the show? And how do you think the show will deal with Vance’s departure?

    Oh, that remains to be seen. Not only will I still watch the show; I’ll still be part of it. I’ve been asked to come back and direct next season, even though my character is dead. But we also have coined the term “ghost stars.” We have more characters who have been killed off who come back as apparitions and spirits. And we do flashbacks, where people have died long ago are very significant. So I wouldn’t be surprised [if] Vance might be more prevalent dead than he was when he was alive. 

    Interesting.

    I just thought I’d tease that a little bit.

    NCIS airs Tuesday nights at 8 pm ET/PT and streams on Paramount+.

  • Nakamoto Shares Hit New Low After Bitcoin Treasury Firm Sells Off BTC

    Nakamoto Shares Hit New Low After Bitcoin Treasury Firm Sells Off BTC

    In brief

    • Bitcoin treasury firm Nakamoto (NAKA) sold around $20 million in BTC.
    • The firm still holds 5,342 Bitcoin, but is down an estimated $275 million on those holdings given its average weighted purchase price above $118,000.
    • Shares in the firm reached a new all-time low on Tuesday, down nearly 80% in the last six months.

    Publicly traded Bitcoin treasury firm Nakamoto Holdings (NAKA) sold around $20 million worth of Bitcoin in an effort to improve its balance sheet and financial flexibility, but its stock fell to a fresh low early Tuesday following the late Monday announcement.

    The firm reported a fourth quarter loss of $142.6 million in fair value of its digital assets amid Bitcoin’s downward slide, while also registering a $10.8 million investment loss thanks to its investment in another Bitcoin treasury firm, Metaplanet. 

    “Nakamoto Holdings entered 2025 with the mandate to launch a public, Bitcoin-native enterprise and executed that vision through the merger with KindlyMD in August 2025,” said the firm’s CEO David Bailey, in a statement. 

    “We established a robust Bitcoin treasury, built a scalable capital strategy, and, with the acquisitions of BTC Inc and UTXO, transitioned into a fully integrated Bitcoin operating business with the scale and infrastructure to drive sustained growth,” he added. 

    The firm’s acquisitions, both completed in February, added to Nakamoto’s Bitcoin exposure, providing it a media and events firm in the Bitcoin ecosystem (BTC Inc) and public and private asset and capital management services via UTXO Management. Both companies had also been founded by Bailey.

    Despite its Bitcoin sales, the firm ended the year with 5,342 Bitcoin in its treasury, valued around $359 million at the time of writing. At the end of the year, the firm was down around $166 million on its Bitcoin holdings, as the top crypto asset had fallen sharply from its October high of $126,080. 

    With a reported weighted average purchase price of $118,171, it’s estimated that the firm is now down around $275 million on its Bitcoin holdings as BTC changes hands around $66,693 on Tuesday, 47% off its all-time high mark. 

    “Our focus now is on strengthening our operating businesses, scaling revenue-generating initiatives, and building infrastructure for a unified Bitcoin company,” Nakamoto COO Amanda Fabiano said, in a statement. “By combining operating income with disciplined capital allocation, we aim to reinvest into growth initiatives and Bitcoin accumulation while strengthening Nakamoto over time.”

    The firm, which raised more than $700 million to build a digital asset treasury focused on Bitcoin, is still focused on a long-term commitment to crypto’s largest asset but it has been subject to a volatile first year. 

    While warning shareholders of some of that volatility amid its business transition and the unlocking of some shares, Bailey notably encouraged short-term investors in the business to sell their positions. 

    “For those shareholders who have come looking for a trade, I encourage you to exit,” he wrote in a shareholder letter published in September. 

    Shares of the firm are trading around 3.3% higher on Tuesday, recently changing hands around $0.217. That mark is down nearly 80% in the last six months. Earlier Tuesday, shares fell to $0.211, the firm’s lowest price to date.

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  • ‘Massive Disruptive Potential’: Benchmark Initiates Securitize Coverage With Buy Rating

    ‘Massive Disruptive Potential’: Benchmark Initiates Securitize Coverage With Buy Rating

    In brief

    • Benchmark analysts assigned a $16 price target to Securitize, expressing bullishness on the firm’s ability to establish a competitive moat through blue-chip partnerships.
    • The BlackRock-backed firm has a great deal of visibility into future revenue streams as Wall Street warms to tokenization, Benchmark’s Mark Palmer told Decrypt.
    • Benchmark analysts expect the company to generate $178 million in sales by the end of 2027, a projection based on aggressive growth expectations.

    Analysts at investment bank Benchmark initiated coverage of Cantor Equity Partners II on Tuesday, assigning a “Buy” rating to the firm that’s expected to merge later this year with Miami-based tokenization specialist Securitize.

    The analysts described Securitize as “compelling pure-play investment on tokenization” that’s building a foundation for tomorrow’s capital markets through its end-to-end platform for digital representations of real-world assets like stocks and bonds. 

    Benchmark analysts penciled in a $16 price target for Securitize, a projection that hinges on the firm’s ability to generate $178 million in sales by the end of next year. That involves widening its competitive moat through blue-chip partnerships, the analysts added. 

    Benchmark’s assessment reflects an optimistic outlook for Securitize following a bevy of listings for crypto-related firms last year, amid tepid market conditions that have reportedly stalled similar moves among crypto-native firms like Kraken.

    When Securitize signaled last October that it plans to debut on the Nasdaq via a merger with blank-check firm Cantor Equity Partners II (CEPT), the deal valued Securitize at $1.25 billion. On Tuesday, CEPT changed hands around $11, according to Yahoo Finance.

    Benchmark analyst Mark Palmer has confidence in Securitize’s ability to hit that mark because there’s “a great deal of visibility with regard to the company’s future revenue streams,” including origination fees from companies tokenizing assets and recurring revenue from servicing costs.

    “I think there’s a massive disruptive potential as it pertains to traditional finance and the ways in which capital markets have functioned up to this point,” he told Decrypt. “The concept here really is better and faster across the board, and I think it’s just a matter of time before the market begins to recognize the benefits both in terms of efficiency and settlement times.”

    When Circle’s stock soared upon its Wall Street debut last year, analysts lauded the moment as indicative of investors’ growing interest in stablecoins. While dollar-pegged stablecoins have the potential to pressure payment incumbents, Palmer argued that the stakes are higher with Securitize because its platform effectively bypasses legacy clearing infrastructure like DTCC.

    Last week, Securitize and the New York Stock Exchange said that they would collaborate on a platform for tokenized securities rooted in round-the-clock trading, underscoring efforts to modernize financial markets in line with the SEC’s vision for “Project Crypto.”

    Some influential institutions are still warming up to tokenization, but BlackRock CEO Larry Fink has touted the technology publicly as the “next generation of markets” since 2022. Years later, the world’s largest asset manager led a $47 million strategic funding round in Securitize.

    Benchmark analysts noted that Securitize’s platform already underpins BlackRock’s BUIDL, the industry’s largest tokenized money-market fund. Valued at $2.2 billion on Tuesday, the fund exists across eight networks, with a lion’s share issued on Ethereum and Solana.

    Figure Technologies debuted on the Nasdaq last September. Although the company’s business focuses on turning Home Equity Lines of Credit (HELOCs) into tokenized assets, Palmer noted that Securitize “is not focused on a particular vertical or industry.” As a result, the firm’s total addressable market could be defined as $300 trillion in real-world assets, he said.

    “Securitize is really focused on providing the process behind tokenization, from origination through servicing, in a way that’s applicable to a breadth of industry vertices,” he said. “That’s one of the things that distinguishes it.”

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  • TikTok adds in-app Cameo integration for creators

    TikTok and Cameo are teaming up to make it easier for TikTok users to request personalized videos. The two companies announced a new integration that makes Cameo accessible directly from TikTok for creators and fans.

    With the update, TikTok creators can add Cameo links directly to their videos and viewers can request a personalized clip without leaving the TikTok app. Creators who aren’t currently on Cameo can also sign up for the service without having to onboard through Cameo.

    Up to now, Cameo has been known for its personalized videos from celebrities, but TikTok stars are “among the fastest-growing talent segments” on the app, according to the company. The new integration should make it easier for those creators to reach fans and promote their presence on Cameo.

    It’s not surprising that Cameo would see TikTok creators as a potentially large untapped audience for its service. It’s not as clear what TikTok is getting out of the arrangement. The company could have created its own Cameo-style feature for personalized shoutouts. The app already has several features that allow fans to interact with creators, including by sending virtual gifts in livestreams. Cameo didn’t immediately respond to questions about whether TikTok gets a cut of the transactions made via its app or if there are differences in pricing structure between the two apps.

  • Tesla’s robotaxis are reportedly remotely driven by humans, sometimes

    In a letter shared with Senator Ed Markey (D-Mass.), Tesla admitted that its robotaxis are sometimes driven remotely by human operators, Wired reports. Competing self-driving car companies sometimes rely on human operators to tell robotaxi software how to get itself unstuck, but letting operators actually drive those cars remotely is more unusual.

    “​​As a redundancy measure in rare cases … [remote assistance operators] are authorized to temporarily assume direct vehicle control as the final escalation maneuver after all other available intervention actions have been exhausted,” Karen Steakley, Tesla’s director of public policy and business development, shared in a letter to Markey. In those situations, operators are reportedly able to take over Tesla’s robotaxis when they’re moving at speeds around 2mph or less, and then drive the car at up to 10mph if software permits it.

    Engadget has contacted Tesla to confirm the details shared in Steakley’s letter. We’ll update the article if we hear back.

    As Wired notes, that’s a bit different than how other self-driving car companies handle human intervention. For example, Waymo’s Driver software can call on human help — Waymo calls them “fleet response” — to offer context and answer questions to help it navigate complicated driving situations. The company claims these workers never drive the robotaxi themselves, but they are able to see the car’s environment through its sensors to help it get unstuck. Self-driving car companies typically avoid remote operation, Wired writes, because technical limitations like latency and the limited perspective of a robotaxi’s sensors can make it hard to drive them easily and safely.

    Tesla’s approach to self-driving has always cut against the grain, though. Whereas competitors continue to rely on a mix of radar and other sensors to navigate, Tesla has exclusively focused on using cameras for its Full Self Driving (FSD) system. The company has also had to deal with a number of high-profile crashes related to FSD, which prompted a probe by the US National Highway Traffic Safety Administration in October 2025.

    The company launched its robotaxi service in Austin, Texas in June 2025, in a limited capacity and with human safety drivers sitting in the driver’s seat in case of emergency. Tesla is also reportedly testing rides without safety drivers in the same area, which might be why it has contingencies for remote operators to step in.

  • Plume Turns Paychecks Into Yield-Bearing Assets in RWA Payroll Pilot

    Plume Turns Paychecks Into Yield-Bearing Assets in RWA Payroll Pilot

    Plume, a blockchain focused on real-world assets (RWAs), has launched what it calls the first payroll pilot using a tokenized money market fund, enabling employees to convert part of their salaries into yield-bearing fund shares without interacting with crypto exchanges or moving funds onchain manually.

    The pilot pairs Plume’s onchain infrastructure with Toku’s stablecoin payroll platform and WisdomTree’s tokenized money market fund, WTGXX. Participating Plume employees can make a one-time election to route a portion of their pay into fund shares, which are purchased via WisdomTree Connect and held in verified wallets linked to WisdomTree Prime accounts.

    WTGXX has emerged as one of the fastest-growing tokenized Treasury funds, surging more than 700% between May and August last year. WisdomTree has since expanded the fund’s reach to Solana and integrated debit card spending functionality.

    From Stablecoins to Fund Shares

    The initiative builds on the growing wave of stablecoin-based payroll solutions by adding a layer of passive yield. Rather than landing in a checking account or stablecoin wallet, compensation flows directly into a regulated money market fund — allowing savings to accumulate automatically with each paycheck.

    “Trillions of dollars move through payroll every year, and until now, companies earned nothing on the float and employees earned minimal yield in their checking accounts,” said Ken O’Friel, CEO of Toku.

    Plume and WisdomTree have previously collaborated through an OpenTrade integration that brought WisdomTree’s tokenized funds into Plume’s Nest staking vaults. The payroll pilot extends that relationship into a new distribution channel.

    The pilot positions payroll as a new on-ramp for tokenized funds as investor demand for RWAs continues to grow. Major financial institutions, including J.P. Morgan and Goldman Sachs, have launched their own tokenized products, underscoring the sector’s rapid institutional adoption.

    The program is currently limited to Plume employees but is designed as a reference model for broader adoption across payroll providers and asset managers.

    This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

  • Circle Joins Canton Network as Super Validator Unlocking Private USDC Settlement

    Circle Joins Canton Network as Super Validator Unlocking Private USDC Settlement

    Circle has joined the Canton Network as a Super Validator, adding a new system for private $USDC-based payment. The move strengthens Circle’s position in both governance and structure within the network. It also aligns with the launch of USDCx, a $USDC-backed stablecoin intended for institutional use. The roll out will be the first time a $USDC-backed asset runs with institutional-grade privacy and cross-application integration on a public layer-one network.