Month: July 2025
Microsoft will lay off 9,000 employees, or less than 4% of the company
Microsoft is leveraging another round of layoffs despite posting consistent growth.
Bitcoin $200K Target Still in Play, Driven by ETF, Corporate Treasury Buying: StanChart
Bitcoin (BTC) is set to defy historical post-halving patterns and push toward an all-time high in the second half, investment bank Standard Chartered (STAN) said in a research report Wednesday. The cryptocurrency’s price typically falls about 18 months after the halving, a quadrennial event that slows the rate of growth in bitcoin supply. This time, … Read more
Euro stablecoin by DWS and Deutsche Bank gets regulatory approval
AllUnity, a stablecoin joint venture by Deutsche Bank and DWS, has received a BaFin license in Germany to issue a MiCA-compliant euro stablecoin, EURAU.
Genius Group Adds 20 Bitcoin, Targets 1K BTC Within Six Months
Singapore-based Genius Group Limited (GNS) has increased its bitcoin BTC holdings by 20%, bringing its treasury to 120 BTC at an average cost of $101,539 according to the SEC filing. The AI-powered education firm confirmed the purchase and announced plans to accelerate its buying pace in the months ahead. Since May 22, when a US … Read more
Tesla reports 14 percent drop in second-quarter vehicle deliveries
Tesla is still struggling to shift its vehicles amid rising competition and backlash against Elon Musk. Tesla sales hit a new low, with the company reporting a 14 percent drop in second-quarter vehicle deliveries compared to a year ago. The company said that it produced a total of 410,244 vehicles between April–June of this year, … Read more
Microsoft is laying off as many as 9,000 employees
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
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
Tesla faces second straight year of falling sales after another bad quarter
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
How Did Nexo Become the First Crypto Partner of the DP World Tour?
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
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
Rivian receives the next $1B from Volkswagen as sales struggles continue
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump’s tariffs and trade wars.
Agentic AI Explained: How It Works, Top Use Cases & Future Potential
We’re used to AI that needs a prompt: “Turn on the lights,” “What’s the weather?” “Remind me to call mom.” Remember when Siri felt like magic? Now, imagine an AI that doesn’t wait for instructions. What if it could think and act on its own? That’s Agentic AI. It’s not just reactive; it’s proactive—learning, acting, … Read more
Binance Pay brings crypto payments to 80+ French Riviera merchants
Binance Pay and Lyzi team up to bring crypto payments to over 80 businesses across the French Riviera, spanning Cannes, Nice, Antibes and Monaco.
Bitcoin DeFi Project BOB Launches BitVM Bridge Testnet
Layer-2 network BOB has launched its testnet ahead of the mainnet going live in Q4 of this year. Describing itself as a hybrid layer-2, BOB’s aim is to combine Bitcoin’s security and reserves with Ethereum’s programmability using the BitVM computing paradigm to create a decentralized finance (DeFi) hub. BitVM was introduced in late 2023 by … Read more
Coinbase acquires token management platform Liquifi
Coinbase’s acquisition of Liquifi aims to address the complexity of token launches by onchain builders by making them faster and easier.
Foxconn tells hundreds of Chinese staff to return from its Indian iPhone factories
Foxconn ordered over 300 Chinese employees to return home from its factories in India, per Bloomberg.
Italian Banking Group Banca Sella Pilots Stablecoin Custody With Fireblocks: Bloomberg
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
I’m dialing back my LLM usage
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Coinbase Acquires Token Management Platform LiquiFi for Undisclosed Amount
Cryptocurrency exchange Coinbase (COIN) has acquired LiquiFi, a token management platform used by the likes of the Uniswap Foundation, OP Labs (Optimism) and Ethena. While the terms of the deal remain undisclosed, Coinbase said in a blog post that the acquisition will make it easier for crypto start-ups to build on-chain. LiquiFi is used by … Read more
Bitcoin traders adopt ‘defensive stance’ as 15-day ETF inflow streak ends
Multiple onchain Bitcoin metrics suggest that traders are holding back from making any risk moves.
Yet Another Zip Trick
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Efficient Proof Systems: How PoStake, PoSpace, and VDFs Impact Blockchain Security
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
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
Honor launches the ‘world’s thinnest’ foldable
Honor has announced the Magic V5, which it says is the thinnest foldable phone in the world right now — though only if you ignore the raised camera module, and only for its white version. The phone launches today in China, but Honor says an international release is coming “soon.” At 8.8mm thick when folded … Read more
DJI gets serious about portable power
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