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'Fortnite' Maker Epic Games Reveals Mass Layoffs, Says AI Isn’t to Blame
In brief
Epic Games said it will lay off more than 1,000 employees.
CEO Tim Sweeney said the cuts “aren’t related to AI.”
The company cited declining Fortnite engagement and broader industry slowdown as factors behind the cuts.
Epic Games announced on Tuesday that it will lay off more th
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Russian Hacker Jailed for 81 Months Over $9M Ransomware Attacks
Aleksei Volkov, a Russian citizen, was sentenced to 81 months in U.S. prison for aiding ransomware attacks exceeding $9 million in losses. As an "initial access broker," he sold unauthorized network access. He owes $9.2 million in restitution and must forfeit crime-related equipment.
ai-iconThe abstract is generated by AI
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CFTC Unveils Innovation Task Force Focused on Crypto, AI and Prediction Markets
In brief
The CFTC introduced an Innovation Task Force designed to help create a clear regulatory framework for derivatives markets in crypto, AI, and prediction markets.
The task force is the latest endeavor from the regulator that aims to support innovation while making America the home fo
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Tether Says It Will Be Audited By Big Four Accounting Firm—But Won't Say Which One
Tether plans to undergo its first full audit by a Big Four accounting firm to verify its $192 billion in reserves backing USDT. This move aims to ensure compliance with U.S. regulations under the GENIUS Act, although the specific auditing firm has not been disclosed.
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Wall Street's Crypto Ties Deepen as NYSE Taps Securitize for Tokenized Securities
In brief
The New York Stock Exchange said that it’s working with Securitize on developing systems that will allow tokenized securities to trade round-the-clock.
The companies are collaborating on standards that will shape tokenized securities on a platform affiliated with the largest stock e
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Balancer Labs Winds Down Months After $128M DeFi Exploit
In brief
Balancer Labs is winding down after a $128 million exploit left the company facing legal exposure and no sustainable revenue.
The protocol will continue under a DAO, foundation, and service-provider structure, with staff potentially moving to a new operating entity.
Experts say t
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Protesters Rally Outside OpenAI, Anthropic, and xAI Offices Over Industry Concerns
In brief
200 protesters marched from Anthropic to OpenAI and xAI offices in San Francisco.
Activists called on AI companies to pause development of new frontier AI models.
Organizer Michael Trazzi previously staged a multi-week hunger strike outside Google DeepMind.
Protesters took to th
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Polymarket, Kalshi Make Moves to Counter Insider Trading as Scrutiny Grows
In brief
Polymarket and Kalshi both made new moves to try and curb insider trading on their prediction market platforms.
Polymarket has introduced new integrity rules across its platform, clarifying the types of behaviors that are prohibited.
Meanwhile, Kalshi has created new policies a
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Bitcoin Price Recovery Paints Familiar Pattern—And That’s the Problem: Analysis
In brief
Bitcoin climbed above $71,000 today, offering bulls their first glimpse of relief since February's collapse.
At the same time, the price move has formed the same compressive wedge pattern that preceded Bitcoin crashes in October 2025 and January 2026.
On Myriad, traders are
BTC-1,26%
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Fake Influencers to Compete for Real Money in 'AI Personality of the Year' Challenge
In brief
A $90K global contest is rewarding AI influencers.
Human judges behind top virtual stars are now part of the evaluation panel.
An exploding $46B virtual influencer market fuels high-stakes talent hunt

OpenArt and Fanvue want to find the world's best AI personality, and they'r
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