Leadership says the layoffs were driven by changing technical requirements rather than any cost-cutting pressure. Matter Labs is reshuffling its team as the company moves to a permissioned privacy chain called Prividium. The layoffs will include senior engineers, designers, and operators who are no longer aligned with the new direction. Founder Explains Layoff Decision….
AI is spreading fast across European businesses, but many companies are flying blind. The study conducted by IBM’s Institute for Business Value in partnership with Oxford Economics found that around 90% of executives in EMEA do not fully understand their organizations’ dependencies across AI vendors, models, and infrastructure. At the same time, nearly three-quarters said…
Strategy has returned to the spotlight after QCP estimated its current liquidity runway for dividend payments at about seven and a half months. Summary QCP warned that Strategy may eventually sell more Bitcoin if dividend obligations outpace available funding sources. CEO Phong Le said the recent 32 BTC sale was a process test, not a…
Google’s Gemini-powered speaker could redefine the smart home experience. By on June 17, 2026 The biggest stories of the day delivered to your inbox. These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up. See…
Key Takeaways Garrett Jin sold 184,102 HYPE (~$13.55M) at about $73.6 for a $2.83M gain, per Lookonchain. He flipped long on UNI while holding 1,268 BTC (~$83.39M) and 50,013 ZEC (~$25.2M). The rotation came at a time when UNI topped Coingecko’s most-searched list and HYPE traded at record highs. The Trade Lookonchain flagged the moves,…
BlackRock launched its iShares Premium Income Bitcoin ETF (BITA) on Nasdaq on June 16, 2026, offering monthly cash distributions from Bitcoin exposure for the first time through a major US ETF issuer. The product targets a 15–25% annualized yield and directly addresses a structural gap that has kept income-oriented institutional capital on the sidelines of…
At IO-AI Tech, a startup about 45 minutes north of downtown Shenzhen, China, I glimpsed a wacky new frontier of blue-collar work. Workers wearing the company’s VR headsets, handheld controllers, and motion-tracking gear remotely control humanoid robots for workplaces like factory floors and convenience stores. The company wants the robots to do useful work, like…
The decision was highly anticipated but there are still some fears about potential hikes by the end of the year. The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank didn’t provide any surprises, as the entity expectedly left the interest rates unchanged. With the…
At the G7 Summit on Wednesday, World leaders like French President Emmanuel Macron and Indian Prime Minister Narendra Modi voiced concerns that the U.S. could cut off their countries’ access to top American AI models at any time. Macron warned G7 leaders and top AI executives — including Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman,…
Key Takeaways Kevin Warsh’s Fed held rates at 3.5%-3.75% in a unanimous 12-0 vote. CPI hit 4.2% in May as energy prices lifted pressure on U.S. households. The New York Fed kept $160B RRP limits as markets await July CPI data. Fed Holds Rates as CPI Reheats The Federal Open Market Committee (FOMC) voted 12-0…
