Ripple has decided against an IPO in 2025, citing its strong financial position and lack of need for external funding. Instead, the company is focusing on strategic acquisitions and long-term growth, such as its $1.25 billion purchase of Hidden Road.
WeatherlyWorld 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.
CatherineNike 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.
AnaisLoopscale 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.
KikyoTerm 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.
CatherineMeta 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.
WeatherlyDonald 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.
KikyoxAI 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.
WeatherlyDeepSeek has returned to South Korea’s app stores after a two-month suspension due to data privacy concerns. The company revised its privacy policy to comply with local laws and allow users to opt out of data sharing with foreign companies.
AnaisA recent study shows that humans outperform AI in understanding social interactions in dynamic environments. The research suggests this gap arises because AI is modelled on brain regions for static images, not dynamic, interactive contexts.
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