Robinhood Trims Headcount by 10% Amid Crypto Revenue Crunch
In brief Robinhood is letting go of 10% of its employees, CEO and co-founder Vlad Tenev told the company Tuesday. In April, the company indicated...
Category : Bitcoin
Scale of Stablecoin Adoption in Nigeria Makes Risks 'More Pronounced', Says IMF
In brief A new IMF report has highlighted the “striking” scale of stablecoin adoption in Nigeria. The IMF warned that adoption sharpens risks including “digital...
Hyperliquid ETFs Draw In $172M Since Launch as HYPE Hits All-Time High
In brief Cumulative HYPE ETF inflows hit nearly $172 million in roughly a month, with Bitwise’s BHYP leading at $106.6 million. Hyperliquid’s HIP-3 saw SpaceX’s...
South Korea Charges 23 Over Crypto Laundering Tied to $11M Cambodian Scam Ring
In brief South Korean police referred 23 suspects and detained two key figures over laundering crypto proceeds from a Cambodia-based phishing group. The crew allegedly...
Elon Musk Loses Again to OpenAI as Judge Dismisses xAI Trade Secret Lawsuit
In brief A federal judge dismissed xAI’s trade secret lawsuit against OpenAI without leave to amend. Judge Rita Lin found xAI failed to show OpenAI...
Anthropic Faces Lawsuit Over Allegedly Misleading Claude AI Pricing
In brief Anthropic is facing a lawsuit over its Claude Max AI subscription plans. Plaintiff Karl Kahn alleges the company’s Max 5x and Max 20x...
Canadian PM Urges AI Diversification After US Anthropic Block, Decentralized AI Tokens Rally
In brief Canada’s Prime Minister Mark Carney warned that a U.S. order on Anthropic shows the risk of leaning on only a few AI makers....
Philippines Issues Stricter Crypto Listing Rules, Bans Privacy Coins
In brief The BSP has ordered all Virtual Asset Service Providers to build “a robust due diligence and accreditation process” before listing or trading any...
Bitcoin Tops $65K on US-Iran Deal, But Traders Remain Skeptical
In brief Over $4.8 billion has exited U.S. Bitcoin ETF products since May, and analysts say a peace deal alone won’t bring institutional capital back....
Reve 2.0 Review: The Best AI Image Generator for Layout Control
In brief Reve 2.0 debuted at #2 on the Arena text-to-image leaderboard, behind OpenAI’s GPT Image 2 and ahead of Google’s Nano Banana 2. Instead...