Meta begins 8K global job cuts, starting in Singapore
Approximately 49,000 workers were laid off in 2026 as companies adopted a more AI-reliant business model. Meta has reportedly begun cutting staff in Singapore as the company executes a plan…
US Senate advances resolution to curb Trump’s Iran war powers
“Congress has the power to slam the brakes on this unwise conflict,” said bill sponsor and Democratic Senator Tim Kaine. The United States Senate has voted to advance a resolution…
WLFI-linked AI Financial flags ‘going concern’ as losses mount
AI Financial Corp. posted a net loss of $271.5 million in the first quarter of 2026 as it flagged significant doubt about its ability to continue operating for the next…
Bankr temporarily disables transactions after 14 wallets hacked
Bankr recommends that affected users create a new wallet, generate a new seed phrase on a clean device and revoke approvals if remaining assets can’t be moved. AI-powered crypto trading…
Trump-backed Truth Social pulls bids for crypto ETFs
The crypto ETFs were intended to be part of Trump Media & Technology Group’s broader crypto strategy, which included the launch of the Truth.fi financial platform. Asset manager Yorkville America…
Hut 8 to fund Louisiana water system expansion tied to AI campus
The Bitcoin miner said the investment will support development of its River Bend AI data center campus as the company expands its long-term AI infrastructure business. Bitcoin miner Hut 8…
DOJ Says $10M Crypto Scheme Continued After Guilty Plea, Adding Victims
More cryptocurrency investors were harmed after a guilty plea, with prosecutors saying additional funds were solicited while the fraud case remained pending sentencing. The scheme raised more than $10 million…
Coinbase Helps Solve Kidnapping Case After Customer Is Forced to Transfer Crypto
Coinbase said blockchain intelligence helped United Kingdom investigators secure five convictions after monitoring systems flagged a customer under duress during a robbery. Investigators traced crypto and additional fiat funds across…
Evernorth Highlights XRP’s ‘Actual Story’ Beyond JPMorgan Settlement Attention
XRP gained renewed attention after Evernorth highlighted how the crypto asset facilitated a tokenized Treasury redemption across Ripple, Mastercard, J.P. Morgan’s Kinexys, and Ondo Finance. Ripple, Mastercard, and JPMorgan’s Kinexys…
Trump Executive Order Pushes Digital Assets Toward Fed Payment Access
Trump ordered federal regulators to review fintech and digital asset rules tied to banking and payment system access. The order gives agencies 90 days to identify barriers facing fintech firms…
Solana futures funding rate turns negative: Is $78 SOL next?
Solana futures funding turned negative as demand for SOL and its associated decentralized exchanges fell. Will traders buy the dip or is $78 next? Key takeaways: Solana’s native token SOL…
Zcash is ‘running its own bull market’ as ZEC price paints 88% rally setup
ZEC has jumped 18% in three days as privacy coins rally, defying a 3.45% drop across the wider crypto market. Privacy coin Zcash (ZEC) is flashing a classic bullish reversal…
South Korean funeral company records $33M unrealized loss on leveraged ETH ETFs
South Korea’s seventh-largest mutual aid company is currently sitting on a $33 million paper loss on its leveraged Ether ETF investment, following the crypto market downturn. South Korean funeral service…
BitGo creates modular digital asset infrastructure model for banks
The platform combines crypto custody, trading, settlement, staking and stablecoin infrastructure services for banks and financial institutions. Crypto custody company BitGo launched a modular digital asset infrastructure platform for banks…
Bernstein: Bitcoin miners becoming critical suppliers in AI infrastructure
Bernstein says miners control 27 GW of planned power and $90 billion in AI deals, giving them a strategic edge as electricity becomes the main constraint on data center growth.…