Citrini memo imagines AI layoffs spiral
Citrini Research has published a fictional June 2028 macro memo imagining an economy transformed by artificial intelligence, where corporate profits surge while consumer demand erodes under mass layoffs.
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Citrini Research has published a fictional June 2028 macro memo imagining an economy transformed by artificial intelligence, where corporate profits surge while consumer demand erodes under mass layoffs.
Revolut confirmed it has reported to law enforcement allegations that a former employee attempted to extort a cryptocurrency trader by threatening to leak personal data unless a ransom was paid.
Rate has launched a nationwide mortgage programme allowing qualified borrowers to count verified cryptocurrency holdings toward underwriting requirements without liquidating their assets.
ProShares recorded $17 billion in first-day trading volume for its ProShares Genius Money Market ETF (IQMM), marking an unprecedented debut for a newly launched exchange-traded fund.
Satlantis has launched a Bitcoin-native events and ticketing platform that embeds Lightning wallets into each event, enabling organisers to issue tickets and accept payments in Bitcoin alongside fiat.
Stablecore has joined the Jack Henry Fintech Integration Network, enabling around 1,670 U.S. banks and credit unions to offer stablecoin and tokenised asset services through existing core systems.
A board established by U.S. President Donald Trump is in preliminary discussions about launching a stablecoin to support Gaza’s postwar economy, according to a report by Financial Times.
PayPal has attracted unsolicited takeover interest after a 46% share price slump over the past year, with potential bidders exploring either a full acquisition or selective asset purchases, according to a Bloomberg report.
Solana has slipped into the high-$70 range after failing to sustain momentum above $95 earlier this year, extending a six-week losing streak as broader digital asset weakness deepens.
The Arizona State Legislature has advanced a bill to create a Digital Assets Strategic Reserve fund that would hold seized or surrendered cryptocurrencies including bitcoin, XRP and Digibyte.
Crypto.com said on Monday it has received conditional approval from the Office of the Comptroller of the Currency to charter Foris Dax National Trust Bank, marking a step deeper into the U.S. federally supervised banking system.
U.S. markets tumbled on Monday after President Donald Trump imposed a new 15% global tariff, sending the Dow Jones Industrial Average down 735 points and dragging cryptocurrencies lower.
Bitcoin tumbled to $64,161 on Monday after erasing weekend gains near $68,600, triggering $238 million in long liquidations as fresh US tariff threats rattled global markets.
Binance said it has reduced its exposure to sanctioned entities and high-risk jurisdictions by about 97% since January 2024, bringing such activity down to roughly 0.009% of total exchange volume.
Bitcoin fell below $65,000 on Sunday night, sliding more than $2,500 in under two hours as investors reacted to fresh trade and geopolitical uncertainty.
Grayscale said XRP is among the most discussed digital assets after bitcoin in conversations between financial advisors and their clients.
Missouri lawmakers have advanced a revived Bitcoin strategic reserve proposal, referring House Bill 2080 to the House Commerce Committee for review on 19 February.
An AI agent created by an OpenAI employee reportedly “accidentally” sent roughly $441,780 worth of tokens to a user who had requested 4 Solana tokens, valued at about $310 at the time.
Ripple CEO Brad Garlinghouse said he now sees a 90% chance the Clarity Act will pass by the end of April, outpacing prediction market estimates as White House pressure intensifies.
U.S. Senator Elizabeth Warren has asked the Treasury Department and Federal Reserve to confirm that no taxpayer funds will be used to support cryptocurrency markets following bitcoin’s sharp downturn.
White House officials convened a third meeting this month with crypto and banking representatives as negotiations intensify over stablecoin yield restrictions and broader market structure reforms.
SBI Holdings has launched a 10 billion yen tokenised bond that provides domestic investors with XRP exposure within Japan’s regulated financial framework.
Pro-Ripple lawyer and US Senate candidate John Deaton has rejected calls to pardon former FTX chief executive Sam Bankman-Fried, dismissing recent claims that the exchange was solvent before its 2022 collapse.
Pi Coin is trading near $0.16 after a failed breakout attempt on 17 February saw the token briefly touch $0.19 before losing momentum and resuming its broader downtrend.
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