GalaxyOne Head Wants Retail Investors to Stake More, Predict Less
In brief GalaxyOne Head Zac Prince said he’s “not particularly excited” about prediction markets when it comes to enabling customers to build long-term wealth. The...
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Iran views BTC as a strategic asset, but USDt still dominates oil tolls: BPI
Iran’s government naming Bitcoin (BTC) as a payment method for oil ships crossing the Strait of Hormuz highlights its role as a neutral, strategic asset,...
Generative AI News: US Households Are Carving Out Room in Budgets for ChatGPT and AI Subscriptions
In the latest generative AI news, CBS MoneyWatch reported that US households are actively making room in their budgets for AI subscriptions, backed by Bank...
Snap Cuts 1,000 Jobs, Aims to Save $500 Million as AI Reshapes Operations
In brief Snap laid off approximately 1,000 team members, representing 16% of its full-time workforce. The cuts are expected to reduce the company’s annualized cost...
Tokenization doesn’t ‘magically’ fix illiquid assets: PBW 2026
Tokenization does not automatically make hard-to-trade assets liquid, industry executives said at Paris Blockchain Week, pushing back on the idea that putting private credit, real...
Trump Administration Pulls $73.5M From New York Over Immigrant Trucker Licenses
The Trump administration announced Thursday that New York will lose $73.5 million in federal highway funding after the Federal Motor Carrier Safety Administration found the...
French Police Rescue Mother and Child After $400K Crypto Ransom Kidnapping
In brief A mother and her 10-year-old son were kidnapped from their Burgundy home on Monday in a ransom plot targeting the father’s cryptocurrency business....
Tempo’s ‘Zones’ sparks debate over privacy in crypto infrastructure
Tempo unveiled a new “Zones” feature Thursday aimed at giving enterprises bank-style privacy on public stablecoin rails, but not everyone in crypto is convinced the...
Nebraska Supreme Court Suspends Lawyer Who Used AI to Write Brief Full of Fabricated Citations
AI hallucinations news moved from courtroom embarrassment to career consequence as the Nebraska Supreme Court ruled to suspend Omaha attorney Greg Lake until further notice,...
Polkadot-Ethereum Bridge Hack Losses Were 10x Worse Than Reported, Team Admits
In brief Hyperbridge’s exploit was about 10x worse than originally feared, with estimated losses now around $2.5 million. The protocol originally reported that there were...