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 …
Jason Scott
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Bitcoin
Stablecoin Transactions Surpass Visa—Experts Warn of ‘Redemption Pressure’
by Jason Scottby Jason ScottExperts say stablecoins are rapidly growing, with Bitwise reporting their 2024 transaction volume surpassed Visa’s. However, DWF Labs’ Andrei Grachev warns of systemic risks like redemption pressure and …
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Bitcoin
CIMB Bank Philippines Investigates Unauthorized Fund Transfers, Promises Full Reimbursement
by Jason Scottby Jason ScottCIMB Bank Philippines issued a statement on Sunday addressing reports of unauthorized fund transfers affecting a limited number of its customers. The bank confirmed it is investigating the …
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Bitcoin
SEC Commissioners Urge Urgent Overhaul of Crypto Custody Regulations
by Jason Scottby Jason ScottCrypto custody is poised for a groundbreaking transformation as SEC leaders push for smarter rules, stronger protections, and innovation-driven frameworks to redefine digital asset security for the future. …
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Bitcoin
Worldcoin Iris Scanning Rollout Sparks Concerns from Web3 Leaders Ahead of PH Elections
by Jason Scottby Jason ScottFollowing the announcement of the nationwide rollout of the iris-scanning activity of World in the Philippines, DvCode CEO Eliezer Rabadon and TLYR Collective Co-Founder Jopet Arias shared their …
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Bitcoin
2015 Whale Strikes Again: 500 More Bitcoin Moved After Yesterday’s 1,200 BTC Shift
by Jason Scottby Jason ScottFollowing the movement of approximately 1,200 BTC from 12 long-dormant bitcoin wallets from 2015 on Friday, the same entity transferred an additional 500 idle BTC valued at $47.4 …
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Bitcoin
Biopharma Firm Merges With Z Squared to Form Largest Publicly-Listed Dogecoin Miner
by Jason Scottby Jason ScottCoeptis Therapeutics Holdings, Inc. and Z Squared Inc. announced a definitive merger agreement on April 25, 2025, to create the world’s largest publicly traded dogecoin-focused mining company, with …
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Back in February, our publication deployed an array of generative artificial intelligence (AI) chatbots to forecast bitcoin’s price by year’s end. Sixty-six days have since elapsed, and with …
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While XRP ETFs are starting to draw institutional attention, BlackRock, the world’s biggest fund manager, stays out of the fray. Despite the applications from companies like Grayscale and …
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Bitcoin
RockawayX Launches $125 Million Fund to Back Solana’s Next Generation of Builders
by Jason Scottby Jason ScottCrypto VC firm RockawayX has launched a $125 million fund focused on early-stage Solana-based projects. With a track record of success and a hands-on investment strategy, the firm …