Meta has begun paying select creators in USDC stablecoin on Solana and Polygon via Stripe, marking Facebook’s first crypto payout program four years after the company shut down its Libra project under regulatory pressure. Summary Meta USDC creator payouts launched April 29 for select creators in Colombia and the Philippines, with eligible users able to…
Key Takeaways AI is revolutionizing creative workflows by connecting various elements seamlessly. Hollywood studios are increasingly adopting advanced creative tools, indicating a major industry shift. AI tools are significantly reducing film production costs, allowing for more content creation. The role of AI in filmmaking allows creators to focus more on performance. AI will match some…
In Bitcoin ETF news today, ARK Invest sold 243,147 shares of its own ARK 21Shares Bitcoin ETF for approximately $1.35M on April 29, while simultaneously pouring $45.5M into Robinhood Markets stock. The message is clear: Cathie Wood is rotating out of direct crypto exposure and into the platforms people use to access crypto. This move…
The evolution of decentralized finance has undoubtedly unlocked many new ways to earn, lend, and invest. However, it has also largely remained confined to the crypto ecosystem itself. While innovations like staking and liquidity mining have driven tremendous growth, they often rely on cyclical incentives that lack direct ties to real-world economic activity. This is…
WhiteBIT Coin surged nearly 8% on Wednesday, emerging as one of the top-performing crypto assets as fresh momentum followed a major partnership announcement. Summary WhiteBIT Coin rose nearly 8% after announcing a five-year partnership expansion with FC Barcelona, adding new utility via crypto-linked payment features. Deflationary tokenomics, including recent burns and a 33% fee-based buyback…
Alphabet is on track to set a fresh record high as pre-market momentum extends a breakout driven by blockbuster earnings. The stock hit an intraday peak of $355.79 during yesterday’s session, its highest level to date, before surging over 8% in early trading today, per Yahoo Finance. If sustained throughout regular hours, the move would…
Former Argentine Senator and ALS advocate Esteban Bullrich was locked out of his Binance account for five months after the platform’s mandatory face verification system failed to recognize him, a direct consequence of the muscular paralysis that ALS progressively causes. His public appeal on X went viral, drawing widespread attention to a security design gap…
The Rakuten launch sits alongside deals with South Korea’s KBank, Kyobo Life Insurance, and an RLUSD listing across 280+ pairs on OKX. XRP is generating some of the loudest online buzz it has seen in two years, according to on-chain analytics firm Santiment, after Japanese retail giant Rakuten launched the ability for users to…
Ethereum price fell 5% to nearly $2,200 on Thursday, as the asset remains in a downtrend for the fourth straight day. Now, a confirmed breakdown below a key ascending trendline positions it for more downside in the coming sessions. Summary Ethereum price drops 5% to near $2,200, extending losses for a fourth straight day after…
Key takeaways Industry consolidation is driven by firms that offer superior value propositions. Technology has revolutionized financial services, enabling previously unattainable value propositions. Asset management fundamentally relies on information processing, a concept that was novel decades ago. AI’s nondeterministic nature poses challenges for accountability in finance. AI operates more like human thinking, requiring prompts to…
