
Roblox will require a facial scan or government ID to have unfiltered chats
The platform is renaming Friends to Connections, and people can only use unfiltered text chat and the Party social feature with a more exclusive group of 'Trusted Connections.' The new age estimator tool prompts users to take a video selfie, 'which is analyzed against a large and diverse dataset to estimate their age,' according to a blog post from chief safety officer Matt Kaufman.
'If the system is not able to estimate the user's age with high confidence, then the user's age will remain unconfirmed and the user won't be able to access Trusted Connections,' Kaufman says. If a user doesn't pass the age estimation tool but they are actually over 13, they will be able to confirm their age via ID verification 'and, in the future, verified parental consent.'
Roblox partnered with identity verification company Persona on the age estimation technology, Roblox's Ryan Ebanks said in a call with reporters, and he says biometric data will be deleted 30 days after collection 'except for a few exceptions where legally required.' Persona is 'providing the core age estimation and ID verification services to Roblox,' spokesperson Juliet Chaitin-Lefcourt tells The Verge, and 'Persona's model is integrated into the Roblox app with additional UI and logic that has been customized by Roblox.'
Users 13 through 17 who have their age confirmed will be able to add each other as Trusted Connections. Teens will only be able to add someone older than 18 as a Trusted Connection if they know them in real life, Kaufman says, and they can do that by scanning a QR code in person or using Roblox's Contact Importer feature.
Although chats with Trusted Connections can be unfiltered, Roblox will monitor the conversations for 'critical harm.'
'This includes, but isn't limited to, any predatory behavior aimed at manipulating or harming minors, the sexualization of minors, engaging in inappropriate sexual conversations with or requesting sexual content, and any involvement with child sexual abuse material,' Chaitin-Lefcourt says.
Last year, a Bloomberg report highlighted issues with predators on the platform, and the company introduced safety tools like letting parents block and report people on their child's friend list and has banned kids under 13 from accessing 'social hangout' spaces. Age verification has growing momentum behind it — platforms like Bluesky and Reddit also recently rolled out age verification tools in the UK to comply with the Online Safety Act, and the EU is testing a prototype age verification app.
Roblox is also introducing new features intended to support users' well-being. A new option will let people control who sees whether they're online. (Before, they could only hide which experience they were in.) Users can also set a Do Not Disturb timeframe to silence Roblox's push notifications, and teens will be able to set their own screentime limits (a feature previously limited to parents).

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
28 minutes ago
- Yahoo
"Tokenized" Stocks Are Breaking Down Barriers. Here's What Investors Need to Know.
Key Points Robinhood just launched its tokenized stocks platform in Europe. It's offering tokenized versions of both public and private companies. There are a few ways to benefit from stock tokenization without buying the tokens. 10 stocks we like better than Robinhood Markets › Modern stock trading still runs on systems that were designed when every phone had a cord. Robinhood's (NASDAQ: HOOD) new tokenized stock program, which rolled out to its European users this month, is the latest attempt to switch over to faster trade processing pipes that are actually public blockchains. The brokerage is letting people buy crypto tokens that represent shares of Apple, Tesla, or even private companies, and it could potentially launch this feature in the U.S. market soon. The promise is 24/7 trading, near‑instant transaction settlement, and the ability to buy stocks directly using crypto. That promise matters because the next wave of capital to enter crypto is likely to arrive through inflows to familiar tickers. Here's what you need to know about this trend, and how to take advantage of it with your investing. Tokenized assets are going mainstream Think of a tokenized stock as a crypto token that can (but does not always) confer ownership of the underlying stock. Ideally, a company issues a token while it holds shares of the stock that's being tokenized. The investor buys the token from them, and then, in theory, holders of the token can redeem it for shares of the stock if they choose to do so. The price of the token is tightly coupled to the price of the underlying stock, as the token is exchangeable for it. Another, far less desirable, implementation of the tokenization idea is a token that is artificially configured to mirror the price action of the underlying asset, without the token issuer actually owning any shares at all. Typically, the tokens are set to mirror the performance of the shares of private companies. These companies do not have stocks that are traded in highly liquid markets like those for public companies, and some of them are technically not allowed to be traded without permission of the stock's issuer. In such a situation, token issuers are providing a financial product that's totally unmoored from the actual value of the asset, so there's nothing to stop holders from getting burned. Of course, it's still possible to sell such tokens to a greater fool, but they are in no way investment-grade, and you should not buy them. For its part, Robinhood says it will back its public company tokens with real equity. But its OpenAI and SpaceX tokens rely solely on Robinhood's own hedging desk, meaning holders have no claim on the underlying businesses if things go sideways. In other words, Robinhood issues the less desirable and uninvestible type of tokenized stock, as well as tokenized shares backed by its own holdings. But why bother with tokenization of stocks in general? In short, convenience. Traditional equity trades in the U.S. settle the next day, they may incur fees, and the market shuts down for nights and weekends. A blockchain can close a tokenized trade in seconds for less than a penny, and it never sleeps. Robinhood is betting that this streamlining and wider trading window will win it new customers. The upside could be massive for investors who position carefully in advance of this trend. Boston Consulting Group (BCG) pegs the potential market for tokenized real-world assets (RWAs), including stocks, at about $16.1 trillion by 2030. Today, only about $22 billion in assets are actually tokenized on‑chain. $528 million of this trading volume is stocks, but that's changing quickly. One chain could be the biggest beneficiary here Enter Solana, (CRYPTO: SOL) the chain that handles thousands of transactions per second, with typical fees of fractions of a cent. Those attributes matter for its prospects as a home for tokenized stock trading. The value of tokenized assets on Solana has soared 140% as of mid-July to reach more than $101.6 million, outpacing the broader tokenization market and capturing the vast majority of this year's growth in the tokenized stocks segment. xStocks, a Solana‑native project launched on June 30, onboarded over 40,000 crypto wallets in its first week, offering more than 50 tokenized U.S. tickers. For now, Solana's combination of throughput and cost gives it a first-mover advantage in tokenized stocks. If the segment follows the broader tokenization roadmap, capital will chase liquidity, reinforcing that lead. Regulation could hobble the segment, or a faster competitor could emerge, so size your positions accordingly. Investors interested in the tokenization wave thus have two main options. One is to buy Robinhood and hope the brokerage scales the program without angering regulators, and that its dalliance with issuing tokenized stocks of private companies ends before there's serious fallout. The better option is to own a sliver of the tokenization rails via an investment in Solana or another chain that's going to be a hub for tokenized equity trading. If tokenized equities graduate from curiosity to mainstream channels, early exposure to Solana could look wise. Since it's a blockchain system rather than a company, multiple tokenized stock issuers could operate on Solana's network. That means that the regulatory risk to the network as a whole is much lower than an investment in Robinhood. Robinhood's investments in tokenization could still bring investors significant wealth, but so far, it simply doesn't seem to be protecting investors or educating them properly in light of its approach to issuing tokens. Do the experts think Robinhood Markets is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Robinhood Markets make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,034% vs. just 180% for the S&P — that is beating the market by 853.75%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Alex Carchidi has positions in Apple, Solana, and Tesla. The Motley Fool has positions in and recommends Apple, Solana, and Tesla. The Motley Fool has a disclosure policy. "Tokenized" Stocks Are Breaking Down Barriers. Here's What Investors Need to Know. was originally published by The Motley Fool
Yahoo
28 minutes ago
- Yahoo
Cathie Wood calls latest investment a ‘vote of confidence'
Cathie Wood calls latest investment a 'vote of confidence' originally appeared on TheStreet. ARK Invest CEO Cathie Wood has a keen eye for emerging trends in the technology sector and her funds' portfolios reflect her dynamic vision. Known for holdings in crypto-native or crypto-related stocks such as Coinbase (Nasdaq: COIN), Robinhood (Nasdaq: HOOD), Circle (NYSE: CRCL), and Elon Musk's Tesla (Nasdaq: TSLA), her investment management firm recently chose to buy a stock that has pivoted toward Ethereum over Bitcoin. ARK Invest purchased $182 million in 4.7 million BitMine Immersion Technologies (NYSE: BMNR) shares, the crypto treasury company announced on July 22. BitMine has recently begun shifted from BTC to ETH as a treasury asset. The company said it expects to dedicate 100% of the net proceeds from the sale to ARK Invest, worth $177 million, to acquire Lee of Fundstrat, Chairman of BitMine's Board of Directors, said: 'We are delighted that Cathie Wood's ARK Invest is taking a substantial stake in BitMine as she sees the exponential opportunity ahead as we target reaching 5% of ETH.' Wood said the firm's investment in BitMine is a "vote of confidence" that Fundstrat will be one of the top crypto treasury companies as Ethereum enables decentralized finance (DeFi) Fundstrat's Tom Lee is very bullish on ETH and believes it could hit $15,000 due to the tokenization and stablecoin boom. Bitwise Asset Management's Chief Investment Officer Matt Hougan is also confident in ETH further rallying, attributing the surge to extraordinary demand from exchange-traded products (ETPs) and corporate treasuries since mid-May. ETH has surged more than 50% over the last month and was trading at $3,609.63 at the time of writing. Cathie Wood calls latest investment a 'vote of confidence' first appeared on TheStreet on Jul 23, 2025 This story was originally reported by TheStreet on Jul 23, 2025, where it first appeared.
Yahoo
28 minutes ago
- Yahoo
Explainer-What is behind the latest rally in meme stocks?
By Johann M Cherian (Reuters) -Retail investors are once again banding together to bet on highly shorted loss-making companies such as Kohl's and Krispy Kreme this week, bringing to mind the "meme stock" frenzy that gripped Wall Street four years ago. The spotlight this time around is on online real estate platform Opendoor Technologies, struggling department store operator Kohl's, donut chain Krispy Kreme and action camera maker GoPro. Here is what you need to know about the latest rally. WHAT TRIGGERED IT THIS TIME? Some market participants have attributed the rally to bullish posts from EMJ Capital portfolio manager Eric Jackson on last week. Jackson said his hedge fund has built a long position in Opendoor, projecting the stock to hit $82 in the longer term. Traders were quick to target the stock, pushing it 300% higher so far this month. Its shares hit a record low of 50 cents just last month, having shed more than 90% in value since its peak in 2021. The company has racked up losses in the past 11 quarters. Retail investors have been emboldened by a sharp recovery in U.S. stocks to all-time highs as investors looked past President Donald Trump's chaotic trade policies to bet on a healthy economy and interest rate cuts from the Federal Reserve. Easing U.S. trade tensions, with top trade partners such as Japan, have also helped risk appetite. STOCKS CAUGHT IN THE LATEST FRENZY Krispy Kreme, GoPro, Kohl's and Opendoor are among a few stocks that are caught in the amateur trading frenzy, fueled by social media posts on Reddit and These stocks have significant bearish positions, leaving short sellers singed as they roared ahead, causing what is called a short squeeze. Short interest is at 14% in Krispy Kreme and 8% in GoPro, according to data compiled by LSEG, while bearish positions on Kohl's and Opendoor were at 47.3% and 18.6%, respectively. At the same time last year, Keith Gill's posts on social media were a major trigger for the frenzy into stocks such as GameStop and AMC Entertainment. WHAT IS A MEME STOCK? A meme stock is a moniker for a company whose shares get a boost when retail traders rally around it on platforms such as Reddit, and to trigger a short squeeze. These companies have high short-interest because of their weak fundamentals and loss-making nature, but meme stock traders love them for their cheap stock price. The frenzy first burst into the open during 2021 when COVID-19 lockdowns boosted savings, policy stimulus put cash into people's pockets and extremely low interest rates pushed investors to the stock market. A proliferation of zero-fee trading apps also encouraged anyone with a smartphone to dabble in stocks. Thousands of Reddit users on low-cost trading platforms such as Robinhood banded together to drive up the prices of these stocks, squeezing hedge funds that had taken short positions, or bets against those shares.