Month: July 2025

Microsoft is laying off as many as 9,000 employees

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Microsoft confirmed that it’s laying off as many as 9,100 employees, or about four percent of its workforce, in yet another round of cuts this year, reports the Seattle Times. Employees in Microsoft’s Xbox division, known as Microsoft Gaming, are being hit hard by these layoffs, although exact numbers and divisions are not yet known. … Read more

CoinDesk 20 Performance Update: NEAR Protocol Rises 3.8% as Index Trades Higher

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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2994.89, up 1.2% (+34.94) since 4 p.m. ET on Tuesday. Seventeen of 20 assets are trading higher. Leaders: NEAR (+3.8%) and ADA (+3.3%). Laggards: BCH (-2.9%) and APT (-0.6%). … Read more

How Did Nexo Become the First Crypto Partner of the DP World Tour?

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Could cryptocurrency sponsorship reshape professional golf? In an unprecedented move, Nexo, a digital asset wealth platform, has signed a three-year partnership with the DP World Tour, making it the first crypto-focused sponsor in professional golf. What Exactly is the Partnership? The agreement between Nexo and the DP World Tour makes Nexo the Official Digital Asset … Read more

Why Dymension’s Season 2 Matters for the Blockchain Ecosystem

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Did the initial excitement of Dymension’s mainnet launch, marked by a significant token distribution, truly capture the protocol’s full potential? While Genesis Rolldrop Season 1 distributed over $400 million in tokens, Dymension’s underlying technology was in an early state. The protocol has evolved, and with the “Beyond” upgrade approaching, Season 2 is set to reintroduce … Read more

Italian Banking Group Banca Sella Pilots Stablecoin Custody With Fireblocks: Bloomberg

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Banca Sella, an Italian banking group known for tech experiments, has begun an internal trial that lets a handful of employees hold crypto, including stablecoins, through custody software from Fireblocks. The trial runs until the end of the summer, after which executives will decide whether to open the vault to the group’s 1.4 million customers … Read more

Efficient Proof Systems: How PoStake, PoSpace, and VDFs Impact Blockchain Security

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Table of Links Abstract and 1. Introduction 1.1 Related Work Preliminaries 2.1 System Model 2.2 Selfish Mining Objective 2.3 Markov Decision Processes Selfish Mining Attack 3.1 Overview 3.2 Formal Model 3.3 Formal Analysis 3.4 Key Features and Limitations Experimental Evaluation Conclusion, Acknowledgments, and References A. NAS Mining Objectives B. Efficient Proof Systems C. Proof of … Read more

Bigfoot Was Just the Beginning of the Content Revolution – An AI Renaissance

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How Google’s Veo 3 sparked UGC creativity and redefined the boundaries between reality and imagination—my thoughts on the future of the content industry. “Renaissance” was first coined by French historian Jules Michelet to describe the 16th-century period as “the discovery of the world and of humanity” — Wikipedia For You Page’s New Favorite Kid On May … Read more

DJI gets serious about portable power

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10 expansion batteries connected to a single Power 2000 power station for 22kWh of home backup capacity. | Image: DJI After launching its first portable power stations last year, DJI just launched the Power 2000 with double the capacity, more output power, and big scalability. Unlike a fixed Tesla Powerwall solution, DJI’s followup to the Power … Read more

Google Photos sees several app improvements

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Several actions have been shuffled to new menus, and images will clearly display where and when they were taken. The Google Photos app has been updated to make it easier to navigate your gallery and view image information. Google says the photo view — the screen that appears when you open an image in Google … Read more