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BTC and ETH both opened the day with a clear uptrend sentiment against USD, just before the expected 25bps rate cut, and the strength showed up early in the Bitcoin to Ethereum price relationship as well. With Bitcoin price inflows turning green and ETH USD bouncing sharply, the market finally looks like it’s regaining clear … Read more
The Congressional Budget Office (CBO) has released new projections showing that recent rollbacks of President Donald Trump’s aggressive tariff strategy have wiped out roughly $800 billion in expected debt reduction over the next decade. This revision comes even as tariffs remain a central point of debate in U.S. fiscal policy, particularly with the national debt … Read more
AI isn’t just coming for low-wage or entry-level jobs—it could erase nearly 100 million of them across the U.S. over the next decade. That’s according to a new report from Senator Bernie Sanders (D-Vt.) that warns that “artificial labor” could upend the economy faster than the world is prepared for. Fast-food and customer service workers … Read more
“Preventable errors” led to the loss of Gary Gensler’s text messages during the crucial period of the FTX collapse, a new report shows. Summary The Inspector General’s report shows the list of errors that led to the loss of Gary Gensler’s texts. Texts lost were those during the period of the FTX collapse, causing criticism … Read more
Indian grocery delivery startup KiranaPro’s recent data loss story has more holes than Swiss cheese, as the startup remains unclear whether the incident was an internal breach or an external hack. Last week, the Bengaluru-based startup discovered that it could not access its back-end servers and that all its data, including its app code, had … Read more
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images More than $130 billion of value has been wiped off of ASML in under a year amid restrictions on exports to China and U.S. tariff uncertainty Shares of ASML, which is seen … Read more
Bitcoin’s latest pullback from its ATH at $111K has led to a wave of liquidations, wiping out $560M in long and short positions. Bitcoin’s (BTC) latest pullback has contributed to a wave of liquidations of futures positions. On Friday, May 23, liquidations on crypto exchanges affected 160,905 traders, with a total value of erased positions … Read more
More than 3.7 million cryptocurrency tokens have failed since 2021, with nearly half of those collapses occurring during the Pump.fun-driven memecoin craze. Millions of tokens have failed since 2021, with nearly half of those collapses recorded in 2024 and early 2025, according to new research by crypto pricing platform GeckoTerminal. The number of dead tokens … Read more
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DeepSeek’s revolutionary AI model has wiped nearly $100 billion from the world’s richest people, including Mark Zuckerberg and Larry Ellison. Read More
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