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DOGE ETF crypto hype: kan Dogecoin 1 euro worden
Crypto Trends

Dogecoin ETF Scores DTCC Website Listing, Only More More Step Before It Starts Trading

by admin September 25, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A new Dogecoin ETF has reached a significant milestone on its path to launch. The fund, created by 21Shares, has appeared on a key U.S. financial platform that prepares for market trading. The Dogecoin ETF is still awaiting approval, and the final decision rests with U.S. regulators as they continue their review.

21Shares Dogecoin ETF TDOG Appears On DTCC Platform

Swiss asset management company 21Shares has placed its new Dogecoin ETF, trading under the ticker TDOG, on the Depository Trust & Clearing Corporation (DTCC) platform. By appearing on the DTCC’s “Active and Pre-Launch” list, the Dogecoin ETF is now visible to broker-dealers, who can begin operational checks, such as setting up the ticker and completing clearing procedures.

The listing mirrors what happened in the past with spot Bitcoin and Ethereum ETFs, where DTCC listings came before official trading. However, it is essential to note that this listing itself does not mean the SEC has approved the Dogecoin ETF. It is part of the standard process that sets the stage but does not guarantee the outcome.

Seeing TDOG appear on the DTCC website also highlights the rising level of institutional attention around Dogecoin.  Grayscale filed a spot Dogecoin ETF shortly after the SEC delayed 21Shares’ filing. Meanwhile, Rex-Osprey launched a hybrid Dogecoin ETF last week, which saw higher-than-expected trading on its first day. 

A listing like this helps confirm that investor demand is strong enough to support such a product; however, the actual launch still depends on the subsequent regulatory step. If approval comes and trading begins, TDOG ETF could increase confidence in Dogecoin as a legitimate asset and expand its role in the cryptocurrency market.

SEC Approval Remains The Final Step Before Trading

Although the Dogecoin ETF now appears on the DTCC platform, it cannot trade without approval from the SEC. The regulator is carefully reviewing the filing from 21Shares to ensure it meets all requirements. Even with the DTCC listing, the ETF’s legal status remains unchanged. The DTCC step is progressing, but trading will only commence once the SEC gives its official approval.

The process at the SEC usually involves public comment periods, agency feedback, and detailed compliance checks. It can take time, and approval timelines are often unpredictable. The SEC has already pushed back its decision once, noting it needed more time to review the fund’s compliance with Nasdaq’s rules. 

If the SEC grants approval, the Dogecoin ETF would be listed on U.S. exchanges, providing investors with direct exposure to Dogecoin in a regulated product. The 21Shares Dogecoin ETF (TDOG) is now available on the DTCC platform. For now, the TDOG ETF is still under review. Its future depends entirely on the SEC’s decision, which is the final step before it can trade.

DOGE price starts climb above $0.24 | Source: DOGEUSDT on TradingView.com

Featured image from DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 25, 2025 0 comments
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Solana
NFT Gaming

Solana’s Next Major Step – Forward Industries Move To Launch Tokenized Shares On-Chain

by admin September 23, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Notable attention and interest are currently being directed to the Solana blockchain following the introduction of the SOL treasury reserves, which have seen persistent growth. While the SOL blockchain continues to demonstrate its dominance, Forward Industries is about to launch its tokenized shares using the network.

FORD Tokenized Shares Coming To The Solana Blockchain

Institutions and large-scale players are adopting Solana at a rapid rate as the crypto landscape evolves. In response to this growing recognition, Forward Industries (FORD) has announced its intention to introduce tokenized shares on the Solana blockchain, marking its entry into the next phase of digital finance.

The key move in the digital finance sector was shared by SolanaFloor on the social media platform X, highlighting the business’s dedication to leading the way in on-chain capital markets operations. With this move, Forward Industries is aligning its strategy with SOL’s expanding role as a hub for asset tokenization.

According to the report, Forward Industries is planning to launch its tokenized shares on SOL through the Superstate Opening Bell platform. This partnership would allow stakeholders to tokenize and hold FORD shares on the SOL blockchain. “Through Superstate Opening Bell, Forward’s common shares will be tokenized on Solana, and shareholders will be able to bridge FORD between brokerage accounts and Solana,” Robert Leshner, CEO and Co-Founder of Superstate, stated. 

Furthermore, it is anticipated that the alliance will increase the company’s traditional equity by utilizing the SOL blockchain to facilitate real-time settlement, 24/7 trading, and improved global liquidity of FORD. By combining blockchain technology with conventional equities, Forward Industries could open up new opportunities for investors in both mainstream and cryptocurrency finance.

This is not the first time the company has shown robust interest in SOL. Forward Industries is now the largest Solana-focused digital asset treasury, underscoring its confidence in the blockchain’s scalability, speed, and growing ecosystem.

SOL Treasury Reserve Is Still Booming

Another significant development around the Solana blockchain is the launch of a new SOL treasury company. After completing its $500 million private placement, Helius HSDT has announced its first acquisition of SOL tokens to establish its SOL treasury company and bolster its crypto portfolio.

The report reveals that the company purchased over 760,190 SOL at an average cost basis of $231. Despite this huge purchase, Helius HSDT still holds about $335 million in cash, which it plans to use to buy more SOL and improve its treasury strategy for digital assets.

Helius HSDT’s recent SOL purchase reflects its strong commitment to the company’s digital asset-based treasury reserve and long-term trust in the Solana ecosystem. In the meantime, HeliusHSDT is looking to promote the expansion and security of the tokenized network by acting as a long-term SOL holder.

SOL trading at $219 on the 1D chart | Source: SOLUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 23, 2025 0 comments
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Ethereum's 'Google Moment'? Vitalik Buterin Reveals Next Big Step for Blockchain
NFT Gaming

Ethereum’s ‘Google Moment’? Vitalik Buterin Reveals Next Big Step for Blockchain

by admin September 21, 2025


According to Vitalik Buterin, the future of Ethereum (ETH) lies not in NFTs or meme coins, but in something far simpler — low-risk DeFi. In a new essay, the Ethereum co-founder likened this to how search became Google’s main source of income, powering every other service around the internet giant.

In short, the point is that Ethereum doesn’t need hype cycles to survive. What it needs is a solid foundation of payment systems, savings accounts, collateralized lending and synthetic assets that will stand the test of time. These are trustworthy tools that also keep ETH locked up and fees flowing.

The numbers show why this shift is important. Back in 2019, Ethereum DeFi losses amounted to more than 5% of the total value locked. By 2025, that figure had dropped to almost zero.

Protocols have become safer, risks have dropped, and the wild edges of DeFi have moved further away from the core. Buterin argues that, for millions of users, the risks in traditional finance are now greater than those in DeFi.

“Digital oil” or new Google?

Low-risk DeFi also creates opportunities for the road ahead. These include reputation-based lending without heavy collateral, prediction markets used for hedging and new forms of stable value, such as “flatcoins” tied to inflation indexes. All of these build on the safer foundations being formed today.

Buterin is clear in his message — Ethereum’s biggest application doesn’t need to be revolutionary. It just needs to work everywhere, reliably. Low-risk DeFi fits that role, and if he is right, it could be the piece that finally makes Ethereum both sustainable and integral.



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September 21, 2025 0 comments
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Michigan
Crypto Trends

U.S. Treasury Takes Next Step in Turning GENIUS Act Into Stablecoin Regulations

by admin September 20, 2025



The U.S. Treasury Department is pushing forward with a narrow comment window on its preliminary, formal efforts to solidify the recently established stablecoin law into a set of regulations.

This arm of President Donald Trump’s administration has opened what’s known as an “advance notice of proposed rulemaking” on Friday, which is an early step taken to gather information that will be used to put together an actual proposal. In this case, the government is asking for data on building out its requirements under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS) Act, including prohibitions on issuers, sanctions obligations, anti-money laundering compliance, the balance between state and federal oversight, tax matters and any further need from the industry for clarity.

A one-month period is now open in which the public — and crypto businesses — can weigh in on these complex issues before it closes on October 20. The notice posted dozens of questions, such as, “Is additional clarity necessary regarding the extent to which reserve assets are required to, or should, be held in custody?” and “Are there foreign payment stablecoin regulatory or supervisory regimes, or regimes in development, that may be comparable to the regime established under the GENIUS Act?”

The Treasury Department’s role in GENIUS is varied, including requirements to address sanctions compliance, tax treatments and how foreign jurisdictions will interact with U.S. regulations. The Friday action is meant to build on a less formal effort announced last month to start gathering input on how best to detect illicit activity in crypto.

The GENIUS Act was the first major U.S. crypto legislation to become law, and it marked a huge win for the industry, which has shifted focus now onto an even bigger legislative effort to establish rules for the wider industry. That market structure bill is a focus of lawmakers from both parties in the Senate, who are also in talks with their House of Representatives counterparts who already approved a similar bill, the Digital Asset Market Clarity Act.

Republicans in Congress and atop the federal financial regulators are trying to speed ahead to meet orders from President Trump to establish friendly crypto regulations that will help the U.S. become a global hub for the sector.

Also on Friday, JP Morgan said in a research note that the overall crypto market needs to expand significantly for continued growth in the stablecoin sector, or new stablecoins may start cannibalizing each other.

Read More: U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity



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September 20, 2025 0 comments
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DAAPrivacyRightIcon
Gaming Gear

California’s age verification bill for app stores and operating systems takes another step forward

by admin September 14, 2025


A California bill that would require operating system and app store providers to verify users’ ages before they can download apps has cleared the Assembly 58-0, and will now move on to Gov. Gavin Newsom, Politico reports. The Digital Age Assurance Act (AB 1043), introduced by Assemblymember Buffy Wicks, does not require photo identification for verification, but puts the onus on the platforms to provide tools for parents to indicate the user’s age during a device’s setup, and use this information steer kids toward age-appropriate content and screen time.

It comes after Utah and Texas both adopted app store age verification laws earlier this year that have been criticized as posing potential privacy risks, and faced opposition from the likes of Google and Apple. The California bill has been received more positively by Big Tech, with Google, Meta and others putting out statements in support of it in the leadup to a Senate vote on Friday. Kareem Ghanem, Google’s Senior Director of Government Affairs & Public Policy, called the bill “one of the most thoughtful approaches we’ve seen thus far to the challenges of keeping kids safe, recognizing that it’s a shared responsibility across the ecosystem.” Gov. Newsom now has until October 13 to sign or veto the bill, according to Politico.



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September 14, 2025 0 comments
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ipvanish price, free trial and deals
Gaming Gear

IPVanish takes its first step toward a RAM-only VPN network

by admin September 11, 2025



  • IPVanish unveiled its first RAM-only servers in 19 cities across 9 countries, with plans to expand to all 148 locations by 2027
  • RAM-only servers improve privacy by wiping all data on reboot, while also boosting durability and making updates faster
  • This rollout puts IPVanish in line with rivals that already use RAM-only servers, although not all top VPN providers embrace this method

IPVanish just made another move toward strengthening its privacy game: it launched RAM-only servers, marking a major shift in how its network operates.

Unlike traditional VPN servers that rely on hard drives (HDDs), RAM-only servers are automatically wiped on reboot or shutdown. This means your data is never stored for long.

The company joins some of the best VPN providers by going diskless and targeting improved privacy. While the release only impacts servers in 19 cities across 9 countries at the time of writing, IPVanish plans to swap all of its servers to RAM-only within the next two years.


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How do RAM-only VPN servers work?

There’s a major difference between traditional VPN servers and ones that run on Random Access Memory (RAM).

Most VPN servers run on HDDs. IPVanish reassures that those servers remain secure thanks to full-disk encryption and its no-logs policy, but they come with some downsides, which switching to RAM can help address.

With RAM-only servers, all data is stored in volatile memory that wipes clean on every reboot. This means there’s no lingering information left behind, even if a server is seized, and updates can be deployed more quickly because there are no physical drives to reimage. The result is stronger privacy by design.

Australia is one of the location currently offering RAM-only servers (Image credit: IPVanish)

That said, while the fact that servers get wiped on every reboot is good news, IPVanish appears to already be doing a good job of not storing your private data. A recent audit confirmed that the company never stores user data, which minimizes the risk of leaks.

“This initiative complements our ongoing commitment to robust privacy standards, including third-party no-log audits, regular transparency reports, account anonymization, and minimal data collection at signup,” said IPVanish Chief Commercial Officer, Subbu Sthanu.

Beyond privacy, with no moving parts, RAM-only servers are often more durable and easier to maintain or upgrade, too.

Which IPVanish’s servers are RAM-only?

IPVanish started the rollout of its RAM-only servers, launching them in 19 locations to start with. Right now, these privacy-focused servers are available in Australia, France, Germany, Hong Kong, Japan, the Netherlands, Sweden, and the United States.


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IPVanish has a server tracker that will be kept updated as more servers get added.

You can connect to these servers if you’re using IPVanish’s latest iOS or macOS apps. However, users running Windows or Android will need to wait, as those options are being added before the end of 2025. IPVanish for the Apple TV and the Fire TV will get the upgrade in early 2026.

Ultimately, IPVanish plans to transition all of its server network (of 148 locations across the globe) to RAM-only by 2027. This could help it compete against some of the most secure VPN providers.

Today’s best IPVanish deals

Other RAM-only servers VPNs

We’ve reviewed every single leading VPN service out there (and some that aren’t quite up to par), and we’ve seen some of our favorites make the switch to RAM-only servers over the years.

Notable mentions here include ExpressVPN with its TrustedServer technology, which runs entirely on RAM, as well as NordVPN and Private Internet Access (PIA). There are clear merits to the tech, which, for many of these providers, serves as an extra layer of safety on top of already stringent security measures.

However, not all of the top-rated VPNs lean into RAM-only servers.

ProtonVPN, which is also highly rated by our reviewers for privacy and security, chooses not to use RAM-only servers. Proton explains that even RAM storage can be targeted by threat actors if the server is turned on, and full-disk encryption achieves the same kind of protection.

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September 11, 2025 0 comments
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HBAR/USD (TradingView)
GameFi Guides

HBAR Sees Steady Gains as Institutions Step In During Trade Tensions

by admin September 8, 2025



HBAR Maintains Steady Gains Amid Institutional Support
Hedera’s HBAR token posted steady gains in a 23-hour trading stretch from September 7 at 09:00 through September 8 at 08:00, trading within a tight $0.0042 band. Price action reflected just 2% volatility between key $0.22 support and resistance levels, underscoring a period of relative stability for the enterprise-focused digital asset.

Institutional Liquidity Surge Anchors Price
Market data showed a notable uptick in institutional participation during the September 7 afternoon session. Trading volumes spiked to 67.40 million units at 14:00—well above the 24-hour average of 27.33 million—as buyers stepped in to provide liquidity at the $0.22 level. That intervention helped anchor the token’s price after a brief dip during the 18:00 hour.

Corporate Interest Drives Renewed Momentum
Fresh corporate activity emerged in the early hours of September 8, with renewed demand evident from 02:00 onward. HBAR closed the period at $0.22, marking a modest 1% advance. Analysts suggest the pattern highlights growing confidence among enterprise adopters of distributed ledger technology, with Hedera positioning itself as a leading solution for corporate blockchain applications.

HBAR/USD (TradingView)

Trading Pattern Analysis
  • HBAR established technical support at $0.22 following an initial advance to the same level at 07:28, with subsequent price consolidation forming an upward trending channel.
  • The token maintained consistent institutional buying interest above 600,000 units across multiple trading intervals during the one-hour analysis window.
  • A breakout above $0.22 resistance occurred in the final trading minutes, suggesting continued institutional accumulation and potential for further price appreciation.
  • Peak volume activity reached 3.23 million units at 07:35, reflecting heightened institutional participation and market liquidity.
  • The $0.0042 trading range represented 2% intraday volatility, demonstrating relatively stable price action despite broader market uncertainties.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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September 8, 2025 0 comments
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Paradox take "first step" in response to Bloodlines 2's DLC clan backlash with PlayStation refunds, promise more info next week
Game Updates

Paradox take “first step” in response to Bloodlines 2’s DLC clan backlash with PlayStation refunds, promise more info next week

by admin September 8, 2025


Vampire: The Masquerade – Bloodlines 2 publisher Paradox have gotten the ball rolling on the “adjustments” they promised in response to the controversy over the game’s day-one paid DLC vampire clans.

As we’ve covered previously, the Toreador and Lasombra clans were originally revealed to be locked behind a purchase of either Bloodines’ £18.69/€21.99/$21.99 Shadows and Silk DLC pack, or the £74.99/€89.99/$89.99 premium edition that said DLC comes bundled with. Cue understandable unhappiness, and Paradox swiftly moving to declare they’d rejig some stuff before launch.

The first domino’s now fallen, and it’s refunds for PlayStation pre-orderers. “Anyone who pre-ordered the premium edition through the PlayStation Store will be contacted and refunded starting Monday, September 8th,” World of Darkness community developer DebbieElla announced on the Bloodlines 2 Discord. “You will be able to pre-order your premium edition copy again later, before the release on October 21st.”

The good news for us PC folks is that Paradox made clear this is just an “intentional first step” in their planned tweaks following the backlash. “We are working hard on the adjustments that we promised, and we will be able to tell you all the details on September 17th,” DebbieElla wrote. “Making significant changes like this involves many moving parts, and we want to make sure that we get it right with this change.”

So, a little longer to wait for info as to whether there’ll be changes to the DLC/editions and their pricing on PC. However, pulling existing pre-orders and then requesting folks make them again points towards a premium edition price drop being at least one of the measures Paradox are taking. Any change might make paying extra for the two clans a bit more palatable, but unless the premium edition’s brought down to match the price of the base game, dishing the DLC clans out at no extra cost, odds are the sour taste won’t come close to being washed away.

Paradox and Bloodlines developers The Chinese Room previously defended charging for Toreador and Lasombra vamps when our James asked them about the decision at Gamescom, citing the game’s changing scope.

“We have been expanding it from where we originally planned to land it, I think, constantly, and Paradox have been really good when we go, or when the clients go, or when Paradox go: ‘We should add a bit more here. Let’s push the date back.’ As you know, the date has pushed back, but that has been to fatten it out into something that we feel does land where the players want it,” Bloodlines 2 narrative director Ian Thomas said.

We’ll keep you in the loop as to what Paradox announce on the 17th, and keep on hoping that Bloodlines 2 will stop all this Sideshow Bob rake-stepping as it tries to position itself as a “spiritual successor” to Bloodlines.



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September 8, 2025 0 comments
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Astell & Kern A&ultima SP4000 portable music player on a white surface
Product Reviews

Astell & Kern A&ultima SP4000 portable music player review: a brilliant step on the journey but not “the peak of performance and design” promised.

by admin September 6, 2025



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We spend hours testing every product or service we review, so you can be sure you’re buying the best. Find out more about how we test.

Astell & Kern A&ultima SP4000: Two-minute review

The Astell & Kern A&ultima SP4000 is the brand’s newest flagship digital audio player, and it is priced accordingly. If you measure the worth of a product by how relatively heavy and remarkably shiny it is, though, you won’t be able to argue with the $3,999 asking price.

The SP4000 goes a distance towards justifying its cost in the way it’s specified to perform, too. Numerous technological highlights abound, none of them in any way ‘affordable’, and between the sheer heft of the physical item and the lengthy list of technologies Astell & Kern has brought to bear, the SP4000 seems about as purposeful as these things ever get.

And in action, it is an uncomplicated pleasure to listen to, fully befitting a place in the best MP3 players around. In every meaningful way, the SP4000 is an extremely accomplished device, able to combine brute muscularity with deft insight, rhythmic positivity with outright scale. No matter what you choose to listen to, the Astell & Kern seems to enjoy it just as much as you do – and it’s not about to sit in judgement on your choice of headphones either.

Astell & Kern A&ultima SP4000 review: Price and release date

(Image credit: Future / Simon Lucas)

  • Priced at $3,999 / £3,799 / AU$6,599

The Astell & Kern A&ultima SP4000 is on sale now, and in the United States it sells for $3,999. In the United Kingdom the asking price is £3,799, and in Australia you’ll have to part with AU$6,599.

Not cheap, is it? Anyone who takes an interest in this sort of thing will know Astell & Kern has no problem in pitching its products as uber-high-end propositions, but no matter how many times I see one of its products priced this way, it remains difficult not to do a double-take…

Astell & Kern A&ultima SP4000 review: Features

(Image credit: Future / Simon Lucas)

  • 4 x AKM4191 and 4 x AKM4499EX DACs in 1:1 architecture
  • 4 x opamps per analogue output
  • Snapdragon 6125 octa-core processor

Something would seem amiss, wouldn’t it, if a digital audio player costing very nearly four thousand of your US dollars wasn’t groaning under the weight of its specification? Well, when you consider the extensive nature of the SP4000, it’s a wonder it’s not even bigger and even heavier than it actually is.

It follows that I should try to be reasonably brief, otherwise we’ll be here all day.

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At its most fundamental, the SP4000 is built around ‘octa’ audio architecture. The digital-to-analogue signal processing is in a 1:1 structure, with one AKM4191 digital processor paired with one AKM4499EX DAC. This allows digital signals to be delivered to a single DAC, four times over – this is a true quad-DAC design, with the aim of allowing precise signal transfer with a vanishingly low signal-to-noise ratio. The ability to deal with PCM resolutions of up to 32bit/768kHz and DSD512 means any realistic digital audio file is catered for.

There are eight opamps deployed, four attending to the unbalanced 3.5mm analogue output and four dealing with the 4.4mm balanced equivalent. The intention is to increase dynamic range and enhance detail retrieval – Astell & Kern calls this arrangement ‘high driving mode’ and suggests it provides powerful and stable signal output.

A newly developed LDO (‘low drop-out’) regulator in the power supply stabilizes battery voltage in an effort to suppress noise. Proprietary ESA (‘enhanced signal alignment’) technology is designed to improve the alignment of frequency signals (sometimes opaquely referred to as ‘timing’) to minimize distortion and enhance clarity. The PCB is a high-end ‘Any Layer HDI’ design that allows for extremely complex circuitry to be laid out in a very small space, minimizing signal loss.

(Image credit: Future / Simon Lucas)

What else? The audio block sits behind a 99.9% pure copper shielding can, offering significant shielding from electromagnetic interference. The audio block itself is Astell & Kern’s ‘Teraton X’ design, which incorporates HEXA-Audio circuitry along with power-efficient amplification and considerable power noise cancellation, to deliver what the company suggests is the ‘ultimate sound solution’.

The entire show is run by a Snapdragon 6125 Octa-core processor that features a high-performance CPU and 8GB of DDR4. CPU, memory and wireless comms circuitry are configured as a single module, and with the digital circuit components arranged in the same area it’s effectively a system on a chip.

I could go on. There are six digital filters available to allow the user to, in a small way, design their own sound. The ‘crossfeed’ feature allows a little of the left-channel mix into the right channel (and vice versa) and, in conjunction with some adjustment options, tries to replicate the effect of listening to speakers when listening to headphones. The second generation of Astell & Kern’s DAR (‘digital audio remaster’) technology, dubbed ‘Advanced DAR’, uses a ‘virtual sound extender’ as part of a two-stage upsampling process that can convert PCM signals of up to 48kHz to 385kHz or to DSD128, and signals of greater than 96kHz to DSD256, for playback.

Surely, though, the broad point is made by now. Astell & Kern didn’t leave space for the kitchen sink, but it has thrown pretty much everything else at the A&ultima SP4000.

Features score: 5 / 5

Astell & Kern A&ultima SP4000 review: Sound quality

(Image credit: Future / Simon Lucas)

  • Epic levels of insight and detail
  • Rhythmic and dynamic positivity
  • Sounds simultaneously open and unified

Yes, you can fiddle around the edges of the way the A&ultima SP4000 sounds – investigate filters, fool around with EQs, you name it – but what you can’t do is alter its overarching sonic character. Which is just as well, because this Astell & Kern digital audio player is a staggeringly direct, informative and, ultimately, complete listen. Few are the sources of audio information, of any type and at any price, that can match its powers of communication – and I have heard plenty.

No matter if you’re listening to a 16bit/44.1kHz FLAC file of Ride’s Leave Them All Behind, a 24bit/48kHz FLAC file of James Holden’s Common Land or a DSD64 file of The Band’s I Shall Be Released: it’s all the same to the SP4000. In every circumstance it’s a profoundly detailed, rhythmically positive, articulate and energetic listen. There really isn’t an aspect of music-making at which it doesn’t prove itself masterful.

And it’s not as if I can offer a “yes, but…” or two in the name of balance. The longer I listen to the SP4000, the more beguiled I become.

Tonal balance? It’s basically impeccable. Frequency response? Smooth and even from way down at the low frequencies to the vertiginous top end. The Astell & Kern sounds naturalistic and unforced, and it’s completely even-handed in the way it presents the frequency range. And at every point, it’s absolutely alive with detail both broad and fine. The minutiae of tone, timbre and texture are made absolutely apparent, and the player loads all of this information onto the listener without being in any way showy or uptight about it. This fanatical attention to detail is simply a way of ensuring you get as complete a rendition of your digital audio files as possible.

The presentation is spacious and well-defined at the same time, and no matter if it’s a large ensemble all packing the stage or just one voice with a single guitar as accompaniment, the SP4000 lays it all out in confident and coherent fashion.

It deals with rhythm and tempo with similar authority, keeping momentum levels high and observing the attack and decay of bass sounds (in particular) with obvious care. It can ease back if necessary, though – nothing gets hurried along, but rather is allowed to proceed at its own chosen speed. Dynamic headroom is, to all intents and purposes, limitless. From the smallest, quietest event in a recording to the last almighty crescendo, the SP4000 is on top of things – the distance between these two states is prodigious. And the smaller, but no less crucial, dynamics of harmonic variation, the attention to the over- and undertones that surround the fundamental when listening to a solo instrument, are given very judicious weighting. Context is everything, and the SP4000 seems to almost instinctively understand it.

And the Astell & Kern even has the decency not to be sniffy either about the music you listen to or the headphones via which you access it. Obviously it does better work (or, rather, its potential is best exploited) by hi-res files and high-end headphones – but if you want to connect your bog-standard true wireless in-ear via Bluetooth and listen to Spotify’s free tier the SP4000 won’t judge you. Not too badly, anyway.

Sound quality score: 5 / 5

Astell & Kern A&ultima SP4000 review: Design

(Image credit: Future / Simon Lucas)

  • Polished 904L stainless steel and PVD-coated ceramic
  • 150 x 85 x 20mm
  • 615g

Ordinarily, a digital audio player is designed to be reasonably compact, and light enough to be slipped into a pocket. Of course, Astell & Kern sets out for its digital audio players to be anything but ordinary.

So the SP4000 is a fairly large (150 x 85 x 20mm) device that weighs a considerable 615g. Too big and heavy, in other words, to be comfortably carried in any pocket smaller and less robust than that of a military greatcoat. This is its naked weight, too. If you add one of the included screen protectors (which is, admittedly, going to make negligible difference to the weight) and slip the player into its supplied Perlinger leather* protective case, it becomes heavier still. At least that case prevents the player’s sharp, pointy corners from digging into hands or pocket linings, mind you.

(*I’m not a vegetarian. I know people who are, though, and some of them are just as interested in high-quality audio as I am. So once again I find myself wondering why companies like Astell & Kern imagine real leather – in this instance, leather made from “the soft, delicate hide of calves under one year old” – to be the untouchable height of luxury. Surely it’s possible to offer a protective case for the SP4000 that looks and feels upmarket but that isn’t going to alienate who knows how many prospective customers? Or is that just me?)

The four sides of the SP4000 are built of 904L stainless steel (the same stuff the likes of Rolex uses, on the basis that it will accept an extremely high polish), and feature some of the angularity and asymmetry that Astell & Kern established as part of its design vocabulary a good while ago. The front is of toughened glass, 152mm on the diagonal, and is almost entirely touchscreen. The rear panel, meanwhile, is finished in PVD-coated ceramic.

It really goes without saying that the standard of build and finish on display here is flawless. With the design of the SP4000, Astell & Kern has set out to deliver a product that blurs the line between ‘electrical hardware’ and ‘luxury accessory’. Or, as the company’s website rather feverishly has it, “a work of art where technology, design, intuition and performance converge”. You may feel that Astell & Kern has done exactly what it set out to do, you may find the design rather self-consciously opulent. Taste is a very personal thing, after all.

It’s worth noting the grandeur of SP4000 ownership starts well before you peel the protective covering off the player itself. It arrives in a branded box that’s a similar size to that which contained a pair of size 10 Tricker’s boots I bought the other day. Inside there is another, branded, clasp-fastening box covered in what I strongly suspect is a further quantity of leather.

Inside that you’ll find the SP4000, along with compartments that contain that Perlinger leather cover, a case with a flap covering into which the player (in its cover) can be slipped (more leather, I presume), various guides and warranty documents, a congratulatory note from the company, and a reasonably heavyweight, branded USB-C to USB-C cable. I am pretty sure this all comes under the heading of ‘the experience’.

Design score: 4 / 5

Astell & Kern A&ultima SP4000 review: Usability and setup

(Image credit: Future / Simon Lucas)

  • 2160 x 1080 touchscreen
  • Supports Full Android OS
  • Qualcomm QC3.0 fast charging

The SP4000 represents the first time an Astell & Kern product has supported full Android OS. The convenience and all-around common sense of the operating system is intended to help the SP4000 be as flexible and convenient as possible, while some of the Snapdragon 6125 octa-core processor’s responsibilities center around rapidity of the OS response and the smooth, comfortable user interface motion.

Happily, it all works very well. The big 2K (2160 x 1080) touchscreen is responsive and swift, smooth-scrolling and consistent. The operating system will be mercifully familiar to anyone whose smartphone isn’t an iOS device, and it’s just as wide-ranging and usable here as it is in its most successful smartphone applications.

Setting up the SP4000 is no kind of hardship. It’s simply a question of connecting it to your local network (its dual-band Wi-Fi is tenacious when it comes to making and maintaining a connection to your router or tethering to your smartphone if you’re out and about), and from there it’s simple to load the apps you require. The ‘AK File Drop’ function makes transferring files from a PC, smartphone or FTP program on a common network faster and easier than before, too.

The Astell & Kern also supports Qualcomm QC 3.0 fast charging, which means it can be charged more rapidly (and more efficiently) than previous flagship A&ultima models. Mind you, ‘fast’ and ‘rapid’ are definitely relative terms in this instance. From ‘flat’ to ‘full’ takes around five hours, which is about half the time it takes for the SP4000 to flatten its battery if you’re listening to ordinary files at ordinary volume levels.

There are a few physical controls arranged around the edges of the SP4000. As you look at its touchscreen, there’s an elaborate volume control/power on/off on the top-right edge – it’s pleasantly shaped and knurled, and a light behind it glows in one of a variety of different colors to indicate the resolution of the audio file it’s currently playing.

On the opposite side there are three buttons that deal with skip backwards/rewind (accessible via ‘press’ or ‘press and hold’ respectively), skip forwards/fast-forward (same) and play/pause. There’s a ‘button lock’ switch on the top edge, to the right of the 3.5mm hybrid optical/unbalanced analogue and 4.4mm balanced analogue outputs, and on the bottom edge you’ll find a USB-C socket and a microSD card slot, which will accept cards of up to 1.5TB.

Usability and setup score: 4.5 / 5

Astell & Kern A&ultima SP4000 review: Value

(Image credit: Future / Simon Lucas)

First things first: you don’t contemplate ownership of the Astell & Kern A&ultima SP4000 because you’re in any way concerned about value for money. Is it the best-sounding DAP out there? Sure. Is it twice as good as alternatives from the likes of FiiO or Astell & Kern itself that cost comfortably less than $2k? Not a chance.

No, the value in the SP4000 comes from its status as the shiny flagship of the Astell & Kern range. It comes from the knowledge that no one you bump into when in the First Class Lounge has a more expensive DAP than you. It comes from the ability to add ‘DAP’ to the list of ‘madly luxurious accessories I own’.

Should I buy the Astell & Kern A&ultima SP4000?

(Image credit: Future / Simon Lucas)

Buy it if… 

Don’t buy it if… 

Astell & Kern A&ultima SP4000 review: Also consider

How I tested the Astell & Kern A&ultima SP4000

  • Tested for over a week
  • Tested with streamed and downloaded content
  • Tested with wired and wireless headphones

I slotted a microSD card filled with hi-res content (up to 24bit/192kHz and DSD64, anyway) into the SP4000, and I downloaded the Tidal and Presto music streaming apps while I was at it.

I used Sennheiser IE900 IEMs connected via the 4.4mm balanced output, Austrian Audio The Composer over-ears via the 3.5mm unbalanced alternative, and tried out the Technics EAH-AZ100 true wireless in-ears and Bowers & Wilkins Px8 wireless over-ears too.

I listened to lots of different types of music, via lots of different file types and sizes – and I did so indoors and (with some trepidation, I don’t mind telling you) outdoors too.

  • First reviewed in September 2025

Astell & Kern A&ultima SP4000: Price Comparison



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Is AI the end of software engineering or the next step in its evolution?
Gaming Gear

Is AI the end of software engineering or the next step in its evolution?

by admin September 1, 2025


The first time I used ChatGPT to code, back in early 2023, I was reminded of “The Monkey’s Paw,” a classic horror story about an accursed talisman that grants wishes, but always by the most malevolent path — the desired outcome arrives after exacting a brutal cost elsewhere first. With the same humorless literalness, ChatGPT would implement the change I’d asked for, while also scrambling dozens of unrelated lines. The output was typically over-engineered, often barnacled with irrelevant fragments of code. There were some usable lines in the mix, but untangling the mess felt like a detour.

When I started using AI-assisted tools earlier this year, I felt decisively outmatched. The experience was like pair-programming with a savant intern — competent yet oddly deferential, still a tad too eager to please and make sweeping changes at my command. But when tasked with more localized changes, it nailed the job with enviable efficiency.

The trick is to keep the problem space constrained. I recently had it take a dozen lines of code, each running for 40 milliseconds in sequence — time stacking up — and run them all in parallel so the entire job finished in the time it used to take for just one. In a way, it’s like using a high-precision 3D printer to build an aircraft: use it to produce small custom parts, like hydraulic seals or O-rings, and it delivers flawlessly; ask it for something less localized like an entire cockpit, and you might get a cockpit-shaped death chamber with a nonfunctional dashboard and random knobs haphazardly strung together. The current crop of models is flexible enough for users with little-to-no coding experience to create products of varying quality through what’s called — in a billion-dollar buzzword — vibe-coding. (Google even released a separate app for it called Opal.)

Yet, one could argue that vibe-coding isn’t entirely new. As a tool for nonprofessionals, it continues a long lineage of no-code applications. As a mode of programming that involves less prefrontal cortex than spinal reflex, any honest programmer will admit to having engaged in a dishonorable practice known as “shotgun debugging.” Like mindlessly twisting a Rubik’s Cube and wishing the colors would magically align, a programmer, brain-fried after hours of fruitless debugging, starts arbitrarily tweaking code — deleting random lines, swapping a few variables, or flipping a Boolean condition — re-runs the program, and hopes for the correct outcome. Both vibe-coding and shotgun debugging are forms of intuitive flailing, substituting hunches and luck for deliberate reasoning and understanding.

We’ve used machines to take the load off cognition, but for the first time, we are offloading cognition itself to the machine.

As it happens, it’s not considered good form for a self-respecting programmer to engage in shotgun debugging. Soon, I came to see that the most productive form of AI-assisted coding may be an editorial one — much like how this essay took shape. My editor assigned this piece with a few guiding points, and the writer — yours truly — filed a serviceable draft that no sober editor would run as-is. (Before “prompt and pray,” there was “assign and wait.”)

Likewise, a vibe-coder — a responsible one, that is — must assume a kind of editorship. The sprawling blocks of code produced by AI first need structural edits, followed by line-level refinements. Through a volley of prompts — like successive rounds of edits — the editor-coder minimizes the delta between their vision and the output.

Often, what I find most useful about these tools isn’t even writing code but understanding it. When I recently had to navigate an unfamiliar codebase, I asked for it to explain its basic flow. The AI generated a flowchart of how the major components fit together, saving me an entire afternoon of spelunking through the code.

I’m of two minds about how much vibe-coding can do. The writer in me celebrates how it could undermine a particular kind of snobbery in Silicon Valley — the sickening smugness engineers often show toward nontechnical roles — by helping blur that spurious boundary. But the engineer in me sees that as facile lip service, because building a nontrivial, production-grade app without grindsome years of real-world software engineering experience is a tall order.

I’ve always thought the best metaphor for a large codebase is a city. In a codebase, there are literal pipelines — data pipelines, event queues, and message brokers — and traffic flows that require complex routing. Just as cities are divided into districts because no single person or team can manage all the complexity, so too are systems divided into units such as modules or microservices. Some parts are so old that it’s safer not to touch them, lest you blow something up — much like the unexploded bombs still buried beneath European cities. (Three World War II-era bombs were defused in Cologne, Germany, just this summer.)

If developing a new product feature is like opening a new airline lounge, a more involved project is like building a second terminal. In that sense, building an app through vibe-coding is like opening a pop-up store in the concourse — the point being that it’s self-contained and requires no integration.

Vibe-coding is good enough for a standalone program, but the knottiest problems in software engineering aren’t about building individual units but connecting them to interoperate. It’s one thing to renovate a single apartment unit and another to link a fire suppression system and emergency power across all floors so they activate in the right sequence.

These concerns extend well beyond the interior. The introduction of a single new node into a distributed system can just as easily disrupt the network, much like the mere existence of a new building can reshape its surroundings: its aerodynamic profile, how it alters sunlight for neighboring buildings, the rerouting of pedestrian traffic, and the countless ripple effects it triggers.

The security concerns around vibe-coding, in my estimation, are something of a bogeyman.

I’m not saying this is some lofty expertise, but rather the tacit, hard-earned kind — not just knowing how to execute, but knowing what to ask next. You can coax almost any answer out of AI when vibe-coding, but the real challenge is knowing the right sequence of questions to get where you need to go. Even if you’ve overseen an interior renovation, without standing at a construction site watching concrete being poured into a foundation, you can’t truly grasp how to create a building. Sure, you can use AI to patch together something that looks functional, but as the software saying goes: “If you think good architecture is expensive, try bad architecture.”

If you were to believe Linus Torvalds, the creator of Linux, there’s also a matter of “taste” in software. Good software architecture isn’t just drawn up in one stroke but emerges from countless sound — and tasteful — micro-decisions, something models can’t zero-shot. Such intuition can only be developed as a result of specific neural damage from a good number of 3AM on-call alerts.Perhaps these analogies will only go so far. A few months ago, an AI could reliably operate only on a single file. Now, it can understand context across multiple folders and, as I’m writing this, across multiple codebases. It’s as if the AI, tasked with its next chess move, went from viewing the board through the eyes of a single pawn to surveying the entire game with strategic insight. And unlike artistic taste, which has infinitely more parameters, “taste” in code might just be the sum of design patterns that an AI could absorb from O’Reilly software books and years of Hacker News feuds.

When the recent Tea app snafu exposed tens of thousands of its users’ driver’s licenses — a failure that a chorus of online commenters swiftly blamed on vibe-coding — it felt like the moment that vibe-coding skeptics had been praying for. As always, we could count on AI influencers on X to grace the timeline with their brilliant takes, and on a certain strain of tech critics — those with a hardened habit of ritual ambulance chasing — to reflexively anathematize any use of AI. In a strange inversion of their usual role as whipping boys, software engineers were suddenly elevated to guardians of security, cashing in on the moment to punch down on careless vibe-coders trespassing in their professional domain.

When it was revealed that vibe-coding likely wasn’t the cause, the incident revealed less about vibe-coding than it did about our enduring impulse to dichotomize technical mishaps into underdogs and bullies, the scammed and fraudsters, victims and perpetrators.

At the risk of appearing to legitimize AI hype merchants, the security concerns around vibe-coding, in my estimation, are something of a bogeyman — or at least the net effect may be non-negative, because AI can also help us write more secure code.

Sure, we’ll see blooper reels of “app slop” and insecure code snippets gleefully shared online, but I suspect many of those flaws could be fixed by simply adding “run a security audit for this pull request” to a checklist. Already, automated tools are flagging potential vulnerabilities. Personally, using these tools has let me generate far more tests than I would normally care to write.

Further, if a model is good enough, when you ask, “Hey, I need a database where I can store driver’s licenses,” an AI might respond:

“Sure, but you forgot to consider security, you idiot. Here’s code that encrypts driver’s license numbers at rest using AES-256-GCM. I’ve also set up a key management system for storing and rotating the encryption key and configured it so decrypting anything requires a two-person approval. Even if someone walks off with the data, they’d still need until the heat death of the universe to crack it. You’re welcome.”

In my day job, I’m a senior software engineer who works on backend mainly, on machine learning occasionally, and on frontend — if I must — reluctantly. In some parts of the role, AI has brought a considerable sense of ease. No more parsing long API docs when a model can tell me directly. No more ritual shaming from Stack Overflow moderators who deemed my question unworthy of asking. Instead, I now have a pair-programmer who doesn’t pass judgment on my career-endingly dumb questions.

The evolution of software engineering is a story of abstraction.

Unlike writing, I have little attachment to blocks of code and will readily let AI edit or regenerate them. But I am protective of my own words. I don’t use AI for writing because I fear losing those rare moments of gratification when I manage to arrange words where they were ordained to be.

For me, this goes beyond sentimental piety because, as a writer who doesn’t write in his mother tongue — “exophonic” is the fancy term — I know how quickly an acquired language can erode. I’ve seen its corrosive effects firsthand in programming. The first language I learned anew after AI arrived was Ruby, and I have a noticeably weaker grasp of its finer points than any other language I’ve used. Even with languages I once knew well, I can sense my fluency retreating.

David Heinemeier Hansson, the creator of Ruby on Rails, recently said that he doesn’t let AI write code for him and put it aptly: “I can literally feel competence draining out of my fingers.” Some of the trivial but routine tasks I could once do under general anesthesia now give me a migraine at the thought of doing them without AI.

Could AI be fatal to software engineering as a profession? If so, the world could at least savor the schadenfreude of watching a job-destroying profession automate itself into irrelevance. More likely in the meantime, the Jevons Paradox — greater efficiency fuels more consumption — will prevail, negating any productivity gain with a higher volume of work.

Another way to see this is as the natural progression of programming: the evolution of software engineering is a story of abstraction, taking us further from the bare metal to ever-higher conceptual layers. The path from assembly language to Python to AI, to illustrate, is like moving from giving instructions such as “rotate your body 60 degrees and go 10 feet,” to “turn right on 14th Street,” to simply telling a GPS, “take me home.”

As a programmer from what will later be seen as the pre-ChatGPT generation, I can’t help but wonder if something vital has been left behind as we ascend to the next level of abstraction. This is nothing new — it’s a familiar cycle playing out again. When C came along in the 1970s, assembly programmers might have seen it as a loss of finer control. Languages like Python, in turn, must look awfully slow and restrictive to a C programmer.

Hence it may be the easiest time in history to be a coder, but it’s perhaps harder than ever to grow into a software engineer. A good coder may write competent code, but a great coder knows how to solve a problem by not writing any code at all. And it’s hard to fathom gaining a sober grasp of computer science fundamentals without the torturous dorm-room hours spent hand-coding, say, Dijkstra’s algorithm or a red-black tree. If you’ve ever tried to learn programming by watching videos and failed, it’s because the only way to internalize it is by typing it out yourself. You can’t dunk a basketball by watching NBA highlight reels.

The jury is still out on whether AI-assisted coding speeds up the job at all; at least one well-publicized study suggests it may be slower. I believe it. But I also believe that for AI to be a true exponent in the equation of productivity, we need a skill I’ll call a kind of mental circuit breaker: the ability to notice when you’ve slipped into mindless autopilot and snap out of it. The key is to use AI just enough to get past an obstacle and then toggle back to exercising your gray matter again. Otherwise, you’ll lose the kernel of understanding behind the task’s purpose.

On optimistic days, I like to think that as certain abilities atrophy, we will adapt and develop new ones, as we’ve always done. But there’s often a creeping pessimism that this time is different. We’ve used machines to take the load off cognition, but for the first time, we are offloading cognition itself to the machine. I don’t know which way things will turn, but I know there has always been a certain hubris to believing that one’s own generation is the last to know how to actually think.

Whatever gains are made, there’s a real sense of loss in all this. In his 2023 New Yorker essay “A Coder Considers the Waning Days of the Craft,” James Somers nailed this feeling after finding himself “wanting to write a eulogy” for coding as “it became possible to achieve many of the same ends without the thinking and without the knowledge.” It has been less than two years since that essay was published, and the sentiments he articulated have only grown more resonant.

For one, I feel less motivated to learn new programming languages for fun. The pleasure of learning new syntax and the cachet of gaining fluency in niche languages like Haskell or Lisp have diminished, now that an AI can spew out code in any language. I wonder whether the motivation to learn a foreign language would erode if auto-translation apps became ubiquitous and flawless.

Software engineers love to complain about debugging, but beneath the grumbling, there was always a quiet pride in sharing war stories and their clever solutions. With AI, will there be room for that kind of shoptalk?

There are two types of software engineers: urban planners and miniaturists. Urban planners are the “big picture” type, more focused on the system operating at scale than with fussing over the fine details of code — in fact, they may rarely write code themselves. Miniaturists bring a horologist’s care for a fine watch to the inner workings of code. This new modality of coding may be a boon for urban planners, but leave the field inhospitable to miniaturists.

I once had the privilege of seeing a great doyen of programming in action. In college, I took a class with Brian W. Kernighan, a living legend credited with making “Hello, world” into a programming tradition and a member of the original Bell Labs team behind Unix. Right before our eyes, he would live-code on a bare-bones terminal, using a spartan code editor called vi — not vim, mind you — to build a parser for a complex syntax tree. Not only did he have no need for modern tools like IDEs, he also replied to email using an email client running in a terminal. There was a certain aesthetic to that.

Before long, programming may be seen as a mix of typing gestures and incantations that once qualified as a craft. Just as we look with awe at the old Bell Labs gang, the unglamorous work of manually debugging concurrency issues or writing web server code from scratch may be looked upon as heroic. Every so often, we might still see the old romantics lingering over each keystroke — an act that’s dignified, masterful, and hopelessly out of time.

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