AI TRENDS | Samsung Electronics and Arm Launch Joint Development of Next-Generation On-Device AI Chip

From MAGA to Mega Crypto Moves: Trump-Backed World Liberty Financial Bets Big on Blockchain Innovation With Pakistan Crypto Council Partnership

World Liberty Financial has partnered with the Pakistan Crypto Council to boost blockchain, stablecoin, and DeFi growth, with plans to launch regulatory sandboxes for blockchain solutions. Pakistani officials signal full crypto legalisation is near, while Binance founder CZ’s role as a Strategic Advisor highlights the country's rising digital asset ambitions.

CatherineApr 28, 2025 9:52 pagi

Solana’s Loopscale Grapples With $5.8M Breach, Shuts Down Lending and Successfully Courts Exploiter With Bounty Deal

Loopscale lost $5.8 million from a flaw in its collateral pricing system, including 1,200 SOL and $5.7 million in USDC. Key platform functions are now restored, and the exploiter is willing to return the funds for a bounty.

KikyoApr 28, 2025 11:05 siang

Nike Sued Over Sudden RTFKT Shutdown as NFT Values Crash, Buyers Seek $5 Million in Damages

Nike closed its RTFKT unit in December 2024, causing the value of NFTs to plummet and leaving buyers with significant financial losses. This led to a lawsuit alleging that Nike misled investors about the stability and legality of the NFTs.

AnaisApr 28, 2025 11:01 siang

Ethereum-Based Term Finance Recovers $1 Million Through Negotiation After Oracle Glitch on Platform Costs $1.6M Million

Term Finance, an Ethereum-based lending protocol, lost around $1.6 million in ETH due to a misconfigured oracle. The team recovered over $1 million through negotiations and will cover the remaining shortfall from the protocol's treasury. A post-mortem of the incident will be released soon.

CatherineApr 28, 2025 2:08 siang

Meta Cuts Jobs in Reality Labs to Restructure, While Opening Hundreds of Roles

Meta cut jobs in its Reality Labs division, affecting teams like Oculus Studios and the Supernatural VR app. The layoffs are part of a move to make the division more efficient as Meta keeps investing in mixed reality.

WeatherlyApr 28, 2025 2:32 siang

Trump’s 100-Day Report Card: Lowest Approval in 70 Years and Falling Fast as Voters’ Trust in the President Erodes

Donald Trump holds the lowest 100-day approval rating of any new US president in 70 years, with polls placing him between 39% and 45%. Public trust is eroding as voters grow sceptical of his handling of the economy, immigration, trade, and inflation, casting doubt on the administration’s ability to regain confidence.

KikyoApr 28, 2025 3:30 sore

Elon Musk’s xAI Set to Raise $20 Billion, Eyeing Major AI Government Contracts

xAI is negotiating a $20 billion funding round, which could increase its valuation to $120 billion and solidify Musk's influence in the AI field. Despite challenges with debt from the acquisition of Twitter, investor interest remains high, and xAI is positioned for significant growth in both AI and social media sectors.

WeatherlyApr 28, 2025 3:59 sore

AI TRENDS | Samsung Electronics and Arm Launch Joint Development of Next-Generation On-Device AI Chip

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