The decentralized finance (DeFi) sector’s total value locked (TVL) has climbed to $154.248 billion, with liquid staking giant Lido and lending platform Aave maintaining dominant positions. Lido, Aave Take Top Spots as DeFi TVL Surpasses $150B Data from defillama.com shows TVL declined 3.23% over the past 24 hours, yet the figure remains well above the…
Let’s try to answer why the crypto market is down today. Yesterday, the U.S. Producer Price Index (PPI) for July rose 0.9% month-over-month and 3.3% year-over-year, far above forecasts of 0.2% and 2.5%. It was the largest monthly jump since June 2022, fueled by rising service costs in machinery wholesaling, portfolio fees, hospitality, and freight,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s Chief Technology Officer (CTO), David JoelKatz Schwartz, has reaffirmed the XRP Ledger’s (XRPL) eagerness to serve as a core infrastructure for the world’s financial system. He emphasized that the XRPL has been thoroughly battle-tested, demonstrating both resilience and adaptability as blockchain…
Some developers say they’ve had largely positive experiences with GPT-5 so far. Jenny Wang, an engineer, investor, and creator of the personal styling agent Alta, told WIRED the model appears to be better at completing complex coding tasks in one shot than other models. She compared it to OpenAI’s o3 and 4o, which she uses…
TL;DR Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins. A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements. DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark. Price and Market Moves Dogecoin (DOGE) traded at…
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re…
Since the U.S. Producer Price Index (PPI) report dropped, the odds of the Federal Reserve trimming the federal funds rate have taken a slight turn. September Fed Cut No Longer a Lock After PPI Shock The hotter-than-expected inflation data in the July PPI has thrown a hint of uncertainty into the equation. While traders still…
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Key Takeaways Sam Altman plans to back a brain-computer interface startup that would compete with Neuralink. OpenAI is experiencing rapid growth, restoring GPT-4 and exploring new AI hardware and platforms. Share this article OpenAI chief executive Sam Altman has confirmed that the company is planning to support a brain-computer interface startup, a move that could…
