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Burglars tunnel through concrete wall into LA jewelry store and steal $10 million in watches, pendants and gold chains

Burglars tunneled through a concrete wall to gain access to a Los Angeles jewelry store, making off with at least $10 million worth of watches, pendants, gold chains and other merchandise, police said. The heist happened around 9:30 p.m. Sunday at Love Jewels on Broadway in the heart of downtown’s jewelry district, according to Officer … Read more

Are DeFi and Layer 2 chains squeezing the value from Ethereum? Deep dive

Bitcoin posted one of its worst Q1 returns in 2025, Ethereum performed even worse, with over 45% drawdown in its price. Ethereum’s price has been in a decline since the Dencun upgrade in March 2024. Ethereum’s downfall seems driven by the Layer 2 protocols amassing large transaction volume and passing on the fraction of the … Read more

Trump advisors argue steep tariffs on countries like Vietnam and Cambodia are needed to erase trade deficits and rework supply chains. The economics say that’s going to be a long shot

U.S. President Donald Trump, on “Liberation Day,” reserved some of his highest tariff rates for Southeast Asia. Economists expected to see some targets, like manufacturing hub Vietnam, on Trump’s tariffs list. Other targets, like neighboring Cambodia, were more surprising—and all were shocked by the steep tariffs imposed on the region, often extending into the 40% … Read more

Trump tariffs will impact Apple’s non-China supply chains

Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images In the past few years, Apple has sold Americans iPhones made in India, AirPods from … Read more

Exclusive: Japanese AI startup CADDi that helps manufacturers optimize supply chains gets $38 million in new funding

CADDi, a Japanese startup that uses AI to help large global manufacturing companies optimize their supply chains, has raised $38 million in new funding from U.K.-based venture capital firm Atomico. The new funding values CADDi at $470 million, the company said. The investment round, which the company is classifying as a “Series C extension,” brings … Read more

What BNB Chain’s Pascal hard fork wants to achieve and when

Binance-backed BNB Smart Chain is set to undergo the Pascal hard fork, bringing key features from Ethereum’s Pectra upgrade. BNB Smart Chain, the smart contract platform within the BNB Chain ecosystem, is prepping for a major update that borrows features straight from Ethereum’s Pectra upgrade to boost cross-chain compatibility. The new upgrade, which is part … Read more

Several DeFi chains down 90+% since last cycle

North Korean hackers and shattered on-chain projects have left several decentralized finance blockchains struggling, with tens of millions in user asset outflows. Data from DefiLlama shows that multiple DeFi chains have lost around 90% of total user deposits over the years, particularly since the last crypto cycle. On-chain analyst 0xThoor identified Ethereum Virtual Machine-compatible blockchain Harmony … Read more

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