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Block’s Controversial AI Layoffs Are Paying Off, Earnings Show
- Block topped Wall Street estimates months after cutting 40% of its staff for AI.
- Block cut 4,000 jobs in February, 40% of staff, citing AI.
- Critics call it AI washing, pointing to Block's compliance troubles.
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The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans
- Micropayments died since the 1990s on cognition, not technology.
- x402 removes the human, not the friction, from the decision.
- Average x402 payment is 32 cents, not a fraction of a cent.
Elon Musk’s Controversial X Staffer Steps Back After Nearly 30 Products
- Nikita Bier is stepping back as X product chief after 400 days.
- He claims nearly 30 launches, but downloads and user numbers slipped.
- EU fines, a Grok probe, and crypto reach fights marked his run.
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Zuckerberg’s Muse Code Loses to Anthropic on Meta’s Own Benchmark Charts
- Zuckerberg launched Muse Code, and Meta's own charts put Claude Opus 5 first.
- Meta left OpenAI's top coding model out of its benchmark comparisons.
- Independent testing shows the real leader scores 89.5%, above every Meta figure.
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Top Privacy Chains You Should Know in 2026
Compare the top privacy chains in 2026. Midnight Network, Monero, and Zcash reviewed by privacy model, cryptographic approach, and real-world adoption.
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Google Stock Falls 5% as 4 AI Leaders Quit, Including the Most-Cited Researchers
- Alphabet stock fell as much as 5% as 4 top Google AI leaders quit.
- Jeff Dean launches Discovery Loop with Ghemawat, Vinyals and Quoc Le.
- Demis Hassabis becomes Alphabet chief scientist as Koray Kavukcuoglu takes over DeepMind.
Grayscale’s XRP ETF Sold $180 Million in Tokens After Major Loss
- Grayscale XRP Trust ETF sold 103.41 million tokens worth $180.78 million during the first half of 2026.
- Net assets fell from $223.36 million in December to just $57.41 million by June 30.
- The trust recorded a realized loss of $34.16 million on XRP sold for redemptions.
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
$473 Million Binance Lawsuit Targets Card Top-Ups RedotPay Pitched to Investors
- Binance wants $473 million over card top-ups it says were never allowed.
- RedotPay pitched those same Binance top-ups to investors in 2024 materials.
- Its user base doubled to 6 million while the Binance channel stayed open.
