Pete Hegseth’s Signal Scandal Spirals Out of Control
Plus: Cybercriminals stole a record-breaking fortune from US residents and businesses in 2024, and Google performs its final flip-flop in its yearslong quest to kill tracking cookies. Powered by...
Institutions Go All-in on Solana: Nearly $1 Billion Secured This Week
This week, several institutions and venture capital firms announced purchases or investments in Solana totaling $1 billion, highlighting the token’s relevance for the wider crypto industry. GSR, Galaxy Digital, SOL Strategies, Astra Fintech, and RockawayX are behind these moves to grow the Solana ecosystem. Solana Ecosystem Gets Attention: Close to $1 Billion Captured in a […] Powered by...
Meta Lays off Over 100 Metaverse Division Employees
Meta has reportedly laid off over 100 employees part of Reality Labs, its metaverse-focused division. According to reports, the layoffs impacted ongoing efforts to create experiences for Meta’s virtual reality (VR) headsets and the division in charge of developing VR and metaverse hardware. Meta spokesperson Tracy Clayton acknowledged that layoffs did happen, stating that some […] Powered by...
I’m Tired Boss
Last week marked three weeks of tariff drama, rate cut speculation, and crypto chaos, leaving markets—and market watchers—exhausted. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Markets Need To Catch Their Breath From Sunday through Friday morning, […] Powered by...
Stablecoin Transactions Surpass Visa—Experts Warn of ‘Redemption Pressure’
Experts say stablecoins are rapidly growing, with Bitwise reporting their 2024 transaction volume surpassed Visa’s. However, DWF Labs’ Andrei Grachev warns of systemic risks like redemption pressure and reserve management. Stablecoin Transaction Value Surpasses Visa Volumes Stablecoins are experiencing exponential growth, rapidly becoming one of the most significant financial innovations of the last two decades, […] Powered by...
