Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Summary Meta launched Muse Spark on April 8, the first product from its Meta Superintelligence Labs unit, built from scratch by Alexandr Wang’s team after a $14.3bn Scale AI deal. The model is fully proprietary with no…
Getting a new drug from lab bench to pharmacy shelf typically takes more than a decade and costs billions of dollars. And after all that time and money, more than 90% of drug candidates still fail. Metanova Labs thinks decentralized AI can change the math. The company operates NOVA, a specialized network running on Bittensor’s…
ONDO and JUP have stolen the show from the top 100 alts today. Bitcoin’s price slide below $80,000 didn’t last long, as the asset reclaimed that level yesterday following US President Trump’s announcement of a three-day ceasefire between Ukraine and Russia. Many altcoins have produced a lot more impressive gains today, led by ONDO,…
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Summary Kalshi raised $1bn in a Series F round led by Coatue at a $22bn valuation, doubling the $11bn it achieved just five months ago. Institutional trading volume on the platform surged 800% in six…
The US labor market just delivered its second consecutive month of solid job gains, with nonfarm payrolls growing by 115,000 positions in April 2026. That nearly doubled what economists had penciled in. The unemployment rate held firm at 4.3%. A year ago, the monthly jobs number was basically a rounding error. The 2025 average came…
Many analysts have noted in the past few weeks that XRP is close to a break out. Yet, every attempt has been halted so far. In February, XRP tried to break out after the early-month calamity but was stopped at $1.65. A month later, the bears stepped up even before that when the asset…
SIREN price surged 22% on Binance perpetuals on May 8, hitting $1.2965 before a sharp 4H reversal warned of seller resistance. Summary SIREN’s Binance perpetual contract rose 22.82% on May 8, touching a session high of $1.2965 on volume of 139.23M tokens. The 4H spot chart on MEXC printed a long upper wick at $1.2207…
The Federal Reserve Board has released its latest Financial Stability Report, a semi-annual deep dive into the health of the US financial system. The headline finding: the system is under more pressure than usual, with global risks stacking up, a balance sheet that’s grown to roughly 21% of nominal GDP, and stress test projections that…
The last comparable wallet exit rate in 2024 saw over 964,000 wallets leave across five weeks, preceding a notable bull run. Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in nearly two years, according to on-chain analytics firm Santiment. The last time this happened at…
Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets…
