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...
Category : Bitcoin
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....
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...
What Is Q-Day? The Quantum Threat to Bitcoin Explained
In brief Today’s quantum computers are far too small and unstable to threaten real-world cryptography. Early Bitcoin wallets with exposed public keys are most at...
Drift Taps Tether for $148 Million Recovery Plan, Ditches Circle's USDC Following DeFi Exploit
In brief Drift Protocol is working with Tether on establishing a recovery pool for victims that lost $295 million to an exploit this month. Drift...
OpenAI's New AI Model Rosalind Could Shave Years Off Drug Discovery. You Probably Can't Use It
In brief OpenAI unveiled GPT-Rosalind to accelerate drug discovery workflows. Benchmarks show strong gains, but real-world impact remains constrained . Access is tightly restricted amid...
Meta Hikes Quest VR Prices Following PS5 Bump as RAM Shortage Rocks Tech World
In brief Meta is raising Quest VR headset prices by $50-$100 starting April 19, citing component shortages. Global memory chip constraints are affecting consumer electronics...
CFTC Chair Mike Selig Faces Bipartisan Pushback on Prediction Markets, Hyperliquid Perps
In brief Mike Selig faced bipartisan criticism in Congress over prediction markets and crypto platforms like Hyperliquid. Lawmakers raised concerns about insider trading, war-related betting...
Charles Schwab Weighs Prediction Markets Move as Bitcoin, Ethereum Trading Nears
In brief Charles Schwab President and CEO Rick Wurster indicated that America’s largest discount brokerage will likely support prediction markets. However, he said that the...
Claude Opus 4.7 Is Here: Anthropic’s Latest Model Delivers, But It’s a Token Eating Machine
In brief Anthropic just released its most capable Opus model yet, Claude Opus 4.7. The model delivers strong benchmark gains across coding and reasoning, but...