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Meta has reportedly laid off over 100 employees part of Reality Labs, its metaverse-focused division. According to reports, the layoffs impacted ongoing efforts to create experiences for Meta’s virtual reality (VR) headsets and the division in charge of developing VR and metaverse hardware. Meta spokesperson Tracy Clayton acknowledged that layoffs did happen, stating that some … Read more
Citrea, the ZK rollup designed to enhance Bitcoin’s blockspace capabilities, has launched its Clementine Bridge, marking the first complete BitVM bridge design on the Bitcoin Testnet. This deployment represents an advancement in extending bitcoin’s utility to decentralized finance (DeFi) applications, addressing the longstanding challenge of creating a secure bridge between Bitcoin and secondary layers. The … Read more
The publicly traded firm formerly known as Janover, DeFi Development Corporation (Nasdaq: JNVR), has announced the appointment of Fei “John” Han as Chief Financial Officer and Dan Kang as Head of Investor Relations, enhancing its financial leadership team as it scales its crypto-focused treasury strategy. Han, who brings over 15 years of experience from notable … Read more
Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company plans to utilize the proceeds for key strategic initiatives and … Read more
South Africa’s tokenized financial assets exchange, Mesh.trade, has reportedly launched Bullion Krugerrand tokens issued by Troygold, allowing investors to buy fractional gold holdings stored securely at Brink’s in Johannesburg. Each purchase generates a gold ownership certificate confirming fractional ownership down to seven decimal points. Investors can redeem tokens for physical Krugerrands once they accumulate a … Read more
The Eurasian Financial and Economic Forum (EFEF-2025), held in Shanghai last week, spotlighted the growing role of digital currency and blockchain in reshaping global finance. With over 300 participants from government, finance, tech, and culture, the event emphasized the need for unified digital frameworks as a response to economic fragmentation. Key discussions centered on the … Read more
The publicly traded firm formerly known as Janover, DeFi Development Corporation (Nasdaq: JNVR), has announced the purchase of 88,164 solana ( SOL) tokens, valued at approximately $11.5 million, bringing its total holdings to 251,842 SOL, worth around $34.4 million, including staking rewards. As of April 22, 2025, the company reports a SOL per share (SPS) … Read more
The International Monetary Fund (IMF) has revised its global economic growth forecasts for 2025, projecting an increase of just 2.8%, down from a previous estimate of 3.3%. This downgrade is primarily attributed to rising tariffs and heightened uncertainty in international trade, which are expected to significantly slow economic activity. Among advanced economies, the United States … Read more
Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold. The recent price movement underscores bitcoin’s appeal amid fluctuations in other … Read more
On Tuesday evening at approximately 5:45 p.m. ET, bitcoin (BTC) dazzled traders by hitting an intraday peak of $93,928. The flagship cryptocurrency, reigning supreme by market cap, has climbed 6.5% against the greenback and an impressive 10.3% in just the past week. This leap beyond the $90,000 threshold marks its first return to such heights … Read more