AI Investment Fuels Hiring Surge: Heavy AI Spenders Boost Workforce 10%, Ramp Study Reveals

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ai investment fuels hiring surge: heavy ai spenders boost workforce 10%, ramp study reveals

AI Spending Correlates With Job Growth, Not Losses, According to New Ramp Research A groundbreaking study from financial operations platform Ramp, conducted in partnership with labor analytics firm Revelio Labs, challenges the prevailing narrative that generative AI is driving widespread white-collar job displacement. Analyzing transaction data and employment records for 21,559 U.S. companies between 2021 … Read more

Phantom Doubles Down on Perpetual Futures After Recruiting Hyperliquid’s Market‑Building Team

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Crypto

\n Phantom Doubles Down on Perpetual Futures After Recruiting Hyperliquid’s Market‑Building Team \n The crypto wallet Phantom announced that it has brought on the creators of Ventuals, the project that recently powered Hyperliquid’s most high‑profile perpetual‑futures experiments. This move signals a decisive shift for Phantom from a pure storage solution to a full‑featured trading platform … Read more

MetaMask Redefines Digital Banking: Monad-Powered ‘Money Account’ Brings 4% Stablecoin Yield and Mastercard Spending to Web3

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metamask redefines digital banking: monad powered 'money account' brings 4% stablecoin yield and mastercard spending to web3

Consensys-backed MetaMask has officially launched “Money Account,” a self-custodial financial product designed to merge stablecoin yield generation, retail payments, and digital asset trading into a singular user experience. Operating on the high-throughput Monad blockchain, the initiative signals a major strategic shift for crypto wallet providers. Instead of acting as simple gateways to Web3 or basic … Read more

Stablecoin Wars: Circle (CRCL) Stock Craters 17% as Stripe, Coinbase (COIN), and BlackRock (BLK) Support Rival Network

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stablecoin wars: circle (crcl) stock craters 17% as stripe, coinbase (coin), and blackrock (blk) support rival network

The Battle for Stablecoin Dominance: Open Standard Threatens Circle’s USDC Market Position In a significant market shift, shares of stablecoin issuer Circle (CRCL) tumbled by more than 17% following the announcement of Open USD, a new dollar-pegged stablecoin platform. Backed by a powerful alliance of traditional payments providers, asset managers, and cryptocurrency institutions, the new … Read more

US Clarity Act Faces Senate Gridlock: Jefferies Warns of Crypto Market Volatility

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us clarity act faces senate gridlock: jefferies warns of crypto market volatility

The Legislative Hurdle of the Clarity Act Investment bank Jefferies has issued a stark warning regarding the legislative trajectory of the Clarity Act. Despite successfully clearing the U.S. Senate Banking Committee with a bipartisan 15-9 vote earlier this year, the bill’s path to final passage remains fraught with political hurdles. According to decentralized prediction platform … Read more

Billionaire Miles Guo Sentenced to 30 Years Over $1 Billion Himalaya Coin Crypto Fraud

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Financecryptocurrency

In a landmark ruling for the cryptocurrency sector, a U.S. federal judge has sentenced Chinese businessman Miles Guo (also known as Ho Wan Kwok) to 30 years in prison. The sentencing follows his 2024 conviction for orchestrating a massive, multi-faceted racketeering conspiracy that defrauded investors of more than $1 billion. Guo, a high-profile exile from … Read more

SEC Opens 60-Day Comment Period: A Major Regulatory Overhaul for Novel ETFs and Crypto Assets

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sec opens 60 day comment period: a major regulatory overhaul for novel etfs and crypto assets

SEC Rethinks Novel ETF Regulations in Changing Market Landscape The U.S. Securities and Exchange Commission (SEC) is officially reexamining its approach to novel exchange-traded funds (ETFs), particularly those focused on the cryptocurrency sector and other non-traditional assets. By initiating a 60-day request for public comment, the regulatory agency is inviting market participants to weigh in … Read more

Circle (CRCL) Stock Selloff: Is the Open USD Stablecoin Threat Overblown?

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circle (crcl) stock selloff: is the open usd stablecoin threat overblown?

Circle (CRCL) recently experienced a sharp 16% plunge in its stock price, sending shockwaves through the digital asset sector. This dramatic market movement was triggered by the announcement of the Open Standard consortium and its new stablecoin, Open USD (OUSD). Backed by a powerhouse roster of over 140 companies—including financial and tech heavyweights like Stripe, … Read more

AI Investment Boosts Hiring: Ramp Study Debunks the Job Replacement Myth

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ai investment boosts hiring: ramp study debunks the job replacement myth

Empirical Data Challenges the AI Job Apocalypse Narrative The ongoing debate regarding whether artificial intelligence (AI) will act as a net job creator or a destructive force for white-collar employment has received fresh empirical clarity. A comprehensive joint study conducted by the financial operations platform Ramp and labor market analytics firm Revelio Labs reveals a … Read more

Phantom Wallet Deepens DeFi Integration, Hires Ventuals Team to Scale Perpetual Futures Trading

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Financecrypto

Phantom Secures Top DeFi Talent to Fuel Derivative Trading Ambitions The boundary between self-custody cryptocurrency wallets and decentralized finance (DeFi) trading platforms continues to dissolve. In a strategic talent acquisition, Phantom, one of the industry’s largest self-custody wallets, has hired the core development team behind Ventuals. Developers Alvin Hsia, Emily Hsia, and Aris Samad—the minds … Read more