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April jobs report beats forecasts at 115,000
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Dune Analytics lays off 25% citing AI
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Dune Analytics has laid off 25% of its staff, with CEO Fredrik Haga citing AI tools as the primary driver. Haga posted on X Thursday morning that the company had let go of 25% of its team, calling those affected…
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U.S. voters have placed everyday economic concerns far ahead of crypto regulation, even as lawmakers prepare for a Senate Banking Committee vote on the CLARITY Act this week. According to a survey released Wednesday by Politico and polling firm Public…
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CFTC grants no-action relief on event contract reporting, easing swap data duties for DCMs, DCOs and participants amid growing legal fights.
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More than 100 amendments have been attached to the Senate’s crypto market structure bill ahead of Thursday’s Banking Committee markup. POLITICO reported that most of the proposed changes came from Democratic senators, while Republicans submitted a narrower set of revisions…
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The DTCC Chainlink Collateral AppChain partnership will automate 24/7 collateral management across global markets by Q4 2026. The Depository Trust and Clearing Corporation has announced that its Collateral AppChain will integrate the Chainlink Runtime Environment and Chainlink’s data standard to…
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With the CLARITY Act heading to committee and a July 4 signing window, Bitcoin sits near $82K as ETF flows, corporate treasuries and post‑halving supply all align for a $100K test. Senator Cynthia Lummis confirmed on X that the U.S.…
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US spot Bitcoin ETF products drew $622.75 million last week, their sixth straight week of net inflows. US spot Bitcoin ETF products drew $622.75 million in net inflows during the week of May 4 to 8, extending the streak to…
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Washington’s week from hell for stablecoins and the Fed. Across crypto X, the dominant thread is a single question: does Washington finally lock in a crypto‑compatible framework or kill the industry’s yield engine in the name of bank stability. Posts…
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Bank of England Governor Andrew Bailey has warned that international regulators could face a difficult confrontation with the United States over how stablecoins should be governed across global payment systems. According to Reuters, Bailey said at a conference on Friday…
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The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio. The files were posted…
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Connecticut SB5 passed both chambers on May 1 and heads to the governor, making it one of the most comprehensive state AI laws in the US. Connecticut SB5 passed on May 1, becoming one of the broadest state AI laws…
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Virginia redistricting referendum was struck down 4-3 by the state Supreme Court on May 8, with Democrats immediately filing to appeal to SCOTUS Virginia redistricting was struck down 4-3 by the state Supreme Court, with Democrats filing to appeal to…
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JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in the bank’s budget. JPMorgan has reclassified JPMorgan AI investment as core infrastructure, treating its $2bn annual budget as non-negotiable as…
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Tennessee Republicans have erased the state’s last Black majority congressional district, splitting Memphis into three GOP-leaning seats. Tennessee Republicans have erased the state’s last Black majority congressional district, splitting Memphis into three GOP-leaning seats. The Republican-controlled legislature passed the new…
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The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000. The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000, according to data the…
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NATO allies are openly questioning whether the US should still lead the alliance following Trump’s decision to launch strikes on Iran without consulting them. NATO allies are questioning US leadership after Trump launched strikes on Iran without consulting the alliance,…
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