A busy week of US labor market data lies ahead as crypto continues to cool amid increasing macroeconomic headwinds. Crypto markets remained flat over the weekend following heavy losses last week. Bitcoin and Ether remain weak, with no immediate catalysts to spur a recovery. Meanwhile, fresh labor market data and updated readings on manufacturing…
Box founder Aaron Levie got us talking this week with a social media post suggesting that tech CEOs are “uniquely prone to AI psychosis.” On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I did our best to unpack Levie’s comment. For one thing, we noted that he isn’t disavowing AI…
Key Takeaways To bypass sanctions, A7 says 85% of trades use friendly currencies, pushing independent rails in 2 years. With 10,000 partners, A7 handles 20% of Russian settlements and has developed alternative digital assets. Despite challenges, the A7A5 token moved $100B for sanctioned groups, driving digital cross-border trades. A7: Cross-Border Settlements Ecosystem To Change Due…
Ripple CTO Emeritus David Schwartz has outlined how the XRP Ledger could respond if a state-level attack targeted validators, node operators or core network infrastructure. Summary David Schwartz said XRPL could adapt if state pressure targeted validators or network operators. The plan points to Tor, I2P and reserve nodes as possible tools during extreme attacks….
The Full Moon has now passed, meaning with each night visibility will get smaller. This will occur until we reach the New Moon. This phase is part of the lunar cycle, a roughly 29.5-day journey the Moon makes around Earth. What is today’s Moon phase? As of Monday, June 1, the Moon phase is Waning…
The risks of trading pre-IPO markets were highlighted in the most recent SpaceX flash crash. Through HIP-3, Hyperliquid enables independent builders to construct markets that tap into the exchange’s existing architecture and liquidity. This has made it possible for venues to build tokenized stocks and even “pre-markets” for stocks that have yet to conduct…
Verizon doesn’t compete with T-Mobile on the array of perks included with premium plans, the 5G download speed, or the overall user experience, according to analysis by OpenSignal and Ookla. But Verizon has a few advantages over T-Mobile. Because Verizon severs most perks and entertainment from its premium plan—offering discount streaming up to 40 percent…
Key Takeaways Authorities sought forfeiture of 127,271 BTC in a case involving Cambodian national Chen Zhi. Federal investigators linked crypto scams to trafficking, money laundering, and organized crime networks. DOJ and FBI actions show broader pressure on scam compounds operating across Southeast Asia and beyond. Record Bitcoin Case Puts Global Scam Compounds Back in Focus…
XRP traded near $1.33 on May 31 as traders watched whether fresh exchange outflows, ETF demand and a key chart support area could help the token recover from recent weakness. Summary XRP saw 25.24 million coins leave exchanges after the year’s largest inflow signaled capitulation selling. ETF flows added $131.94 million this month, keeping institutional…
After criticizing a startup called Artisan for misusing his work, artist KC Green — creator of the famous “This is fine” meme — said he’s reached an agreement with Artisan. The dispute arose after the startup appeared to use a version of Green’s art to promote its AI assistant Ava. In Artisan’s bus and subway…
