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Meta to cut 10% of metaverse arm this week amid AI push: Report

    Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence.

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    US Senate Ag punts markup on crypto bill to end of month

      Senate Agriculture Committee Chairman John Boozman says he’s delayed work on a crypto market structure bill to have more time.

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      Senators pitch bill to lock in protections for crypto developers

        The Blockchain Regulatory Certainty Act aims to clarify that writing software and maintaining networks don’t trigger federal or state money-transfer.

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        Trump wants tech firms to ‘pay their own way’ as power demand soars

          The POTUS demanded tech giants cover data center power costs as US consumption surged, with Microsoft first to make changes.

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          Bitcoin shows strength as US DOJ mulls Fed chair investigation: Will BTC price hold?

            Bitcoin rallied to $92,000 as Federal Reserve chair Jerome Powell spoke about a potential DOJ investigation into the Fed. Will.

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            Ethereum must pass ‘walkaway test’ to endure for 100 years: Buterin

              Quantum resistance, scalable architecture, and a better block-building model that resists centralization pressures are needed if Ethereum is to pass.

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              CFTC forms innovation committee to help shape rules for crypto, AI

                The CFTC is looking to invite Tyler Winklevoss, Shayne Coplan, Kris Marszalek, and other crypto leaders to assist its approach.

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                SEC Chair: ‘Remains to be seen‘ whether US will seize Venezuela‘s reported Bitcoin

                  Several blockchain analysts said they were unable to verify whether the Latin American nation held $60 billion in the cryptocurrency.

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                  Fitch Ratings flags Bitcoin-backed securities for ‘high market value risk’

                    Fitch said sharp Bitcoin price swings could quickly erode collateral backing these securities, increasing the risk of losses for lenders.

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                    Bitmine ETH holdings climb to 4.1M as chairman seeks to expand crypto strategy

                      The latest purchase lifted the company’s Ether holdings to about 3.4% of the token’s circulating supply, as Bitmine’s chairman, Tom.

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