Web3 Suffers $482.6 Million in Losses in Q1 2026, Driven by Phishing and Smart Contract Exploits
Web3 projects and users experienced significant losses totaling $482.6 million in the first quarter of 2026, according to security reports. The majority of these losses were attributed to sophisticated phishing…
US weekly jobless claims totaled 207,000 for the April 11 week, below the 215,000 estimate.
The U.S. Labor Department reported that initial jobless claims for the week ending April 11 came in at 207,000, beating economists’ expectations of 215,000. This lower-than-expected figure signals continued strength…
US Banks Post $50 Billion Profit as Tensions with Iran Rattle Global Markets
Major U.S. banks have collectively reported a massive $50 billion in quarterly profits, showcasing remarkable resilience amid rising geopolitical tensions with Iran. While strong earnings reflect healthy loan growth, higher…
Google Reinvents Advertising for AI, Perplexity Suggests a Premium Future Without Ads
Google is overhauling its advertising ecosystem to integrate deeply with artificial intelligence, while Perplexity AI is signaling a shift toward a premium, ad-light or ad-free experience. These developments highlight the…
Alibaba Develops AI Capable of Transforming Imagination into 3D Realms
Chinese tech giant Alibaba has unveiled a groundbreaking AI system capable of turning text descriptions and human imagination directly into immersive 3D worlds and environments. This advanced generative AI model…
The total stablecoin market cap hit a new ATH of $320B.
The total market capitalization of stablecoins has reached a new all-time high of $320 billion, underscoring explosive growth in demand for dollar-pegged digital assets. This milestone reflects increasing institutional adoption,…
Trump reiterates threat to remove Powell, vows to investigate Fed.
President Trump has once again reiterated his threat to remove Federal Reserve Chair Jerome Powell and vowed to launch an investigation into the Fed’s operations. The comments have reignited concerns…
ChatGPT and Copilot are becoming a primary source for Americans’ medical inquiries, but trust issues remain.
ChatGPT and Microsoft Copilot have rapidly become go-to sources for medical information among many Americans, with a growing number turning to AI chatbots for symptoms, diagnoses, and health advice. While…
Snap to cut 1,000 jobs as AI boosts productivity, stock rises 11%
Snap to cut 1,000 jobs as AI boosts productivity, stock rises 11% Snap Inc., the parent company of Snapchat, has announced plans to cut approximately 1,000 jobs — representing about…
Deutsche Börse Invests $200 Million in Crypto Exchange Kraken
Germany’s leading stock exchange operator, Deutsche Börse, has announced a major $200 million investment in the popular U.S.-based cryptocurrency exchange Kraken. This strategic move signals growing institutional confidence in the…