Meta begins 8,000-job cuts in Singapore as AI push deepens Meta Platforms began notifying thousands of employees on Wednesday of a new round of layoffs that will affect about 8,000 jobs globally, with staff in Singapore among the first to receive termination notices…
Trump ETF Pullback Signals Crypto Hype Is Cooling Trump Media’s latest pullback from two crypto ETF filings has added a fresh note of caution to a market that had been leaning on retail enthusiasm and politically themed products. On May 19, Trump Media…
Bitwise Calls HYPE Crypto’s Most Mispriced Asset Bitwise said on Tuesday that Hyperliquid’s HYPE token is one of crypto’s most mispriced assets, arguing the market is still valuing the project like a niche perpetual futures venue rather than a broader trading platform. The…
India crypto talks signal retail’s cautious return India’s crypto sector is seeing signs of retail engagement return after a long regulatory chill, with industry discussion and policy silence both shaping the market’s near-term outlook. Reuters reported that a recent fintech summit in India…
Germany, Italy push EU stablecoin kill switch as ECB warns on dollar risk Germany and Italy have proposed giving the European Union a regulatory “kill switch” for foreign stablecoins, a move that underscores how far euro area policymakers are willing to go to…
Algorand gains Robinhood US retail access as supply stays concentrated Algorand’s ALGO token is now tradable for U.S. users on Robinhood, a listing that restores a retail distribution channel after years of limited domestic access and comes as the token’s ownership remains heavily…
Bitcoin Derivatives Signal Caution Near $77,300 Bitcoin held near $77,300 on Friday as derivatives markets continued to flash caution, with traders still hedging downside risk even after the latest rebound in spot prices. The move came as BTC failed to sustain a push…
Flare FXRP Mints Top 107 Million as XRP Utility Grows Flare said more than 107 million FXRP is now locked on its network after recent upgrades made it easier for XRP holders to mint the asset and access DeFi in a single transaction…
Aschenbrenner 13F Shows AI and Industrials Over Crypto Leopold Aschenbrenner’s latest quarterly disclosure has drawn attention for what it does not show as much as what it does. The hedge fund manager’s reported U.S. equity book was concentrated in AI infrastructure, power, data…
