The News Roundup
View More NewsIn brief Robinhood is letting go of 10% of its employees, CEO and co-founder Vlad Tenev told the company Tuesday. In April, the company indicated revenue from crypto transactions had fallen 34% sequentially to $134 million from $221 million. At the end of last year, the retail brokerage had around 2,900 full-time employees. Robinhood disclosed on Tuesday that it’s letting go of 10% of its employees, attempting to streamline operations amid a severe downturn in crypto-related revenue.The company is reducing its headcount alongside efforts to flatten its organizational structure and support “a lean, hyper-focused team,” CEO Vlad Tenev told employees,…
Bybit, one of the world’s top cryptocurrency exchanges by trading volume, has launched options trading on Tether Gold (XAUT), a token that provides you ownership of real physical gold.The XAUT options are now live and allow traders to hedge risk, speculate on gold price movements, trade volatility, and build custom strategies through Bybit’s Request for Quote (RFQ) system for over-the-counter (OTC) deals.Bybit partnered with Orbit Markets, a leading options market maker active in both crypto and traditional finance to ensure deep liquidity from the start. Orbit’s team brings significant expertise, including former senior executives from precious metals trading desks, notably…
AI & Crypto
Read MorePolitics
Sometime in the next two or three weeks, the U.S. Supreme Court will decide a case about the president’s authority to fire independent federal agency heads “at will,” rather than “for cause,” as federal law currently requires. If President Donald…
Don't Miss!
Editor's Picks
Subscribe to Updates
Get the latest news and updates directly to your inbox.
Opinions & Debates
By the end of 2026, the United Nations will have selected a new Secretary-General. The incoming UN leader will take office at a time when the global intergovernmental organisation is experiencing an unprecedented crisis of purpose.Of all the issues the UN is facing, the most serious is arguably its fractured relationship with the United States, its most powerful member state. It is one of the five permanent members of the Security Council, the UN’s most powerful body. In financial terms, it is the UN’s largest donor. And it hosts the UN headquarters in New York City.Despite this, the UN has…
Latest News
In brief An anonymous Polymarket trader put $1 million on Spain to beat Cape Verde in their Group H opener on June 15, 2026.…
from the America-isn’t-your-playset dept What’s most disturbing about Trump’s “Restoring Truth and Sanity to American History” executive order isn’t its fully-blinkered, jingoistic take on…
President Donald Trump said over the weekend that the U.S and Iran had reached a peace deal and will sign it on June 19.…
Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless…
from the seems-bad dept Late Friday, Anthropic shut down access to its just-released Fable 5 and Mythos 5 models after the Trump administration slapped…
XRP spent the past two weeks trying to stop going down. Now it’s trying to go higher.The token pushed through $1.14, then $1.18, and…
Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September. BTC/USD daily chart. Source: TradingViewKey takeaways: Bitcoin…
In brief Forward Industries has proposed acquisitions to three of its rival Solana treasury firms. Two of the firms rejected the offers, while one…
from the flock-aspires-to-be-the-birds-in-‘The-Birds’ dept Cops are human beings. Despite constantly pretending they’re on a higher plane (see also: Thin Blue Line, etc.), they’re just…
Much of the activity has occurred on offshore exchanges, including fast-growing platforms such as Hyperliquid, which has attracted professional traders seeking deep liquidity and…
Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open as the US-Iran peace deal kept risk assets surging.Key points:Bitcoin adds to gains as US-Iran…
