Author: Press Room
When Jeffrey Mass and his wife retired, they had planned to use part of their savings to travel to Europe and take foreign cruises.They also wanted to leave inheritance money for their adult kids and establish college funds for their two young grandchildren. “We had this idea of how we wanted to spend our golden years and include a legacy,” Maas, 77, told Business Insider.The couple’s future is unlikely to look anything like they’d hoped: Maas was scammed out of his $390,000 nest egg — around half his life savings — by cybercriminals who struck twice.The scammer said he represented…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: June 9, 2026 Microsoft Copilot AI just drew a hard line in the sand for Bitcoin, predicts for $61,000 the level that decides everything over the next 30 days. With BTC trading near $62,641 right now, price is sitting right on top of that make or break zone.The bull case is simple but tense. If $61,000 support…
Global Technologies GAAP EPS of $0.00
Anthropic is finally willing to give you Mythos, but it comes with some safeguard strings attached.On Tuesday, Anthropic said it was releasing a “Mythos-class” model called Claude Fable 5, but with safeguards so significant that it gave the model a different name.”Without safeguards, Fable 5’s capabilities in areas like cybersecurity could be misused to cause serious damage,” Anthropic said in its announcement.The safeguards, which mean some queries on certain topics will instead be ported to Anthropic’s Opus 4.8 model, are initially tuned to be more conservative. The safeguards are triggered when Fable 5 detects requests concerning cybersecurity, biology and chemistry,…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: June 9, 2026 Google Gemini AI just put XRP on the map again with a price prediction target of $5.00 to $7.00 by the end of 2026. With XRP changing hands near $1.16 right now, that is a 4x to 6x call on a coin most holders had written off.The bull case hangs on two big pillars,…
AI layoffs are everywhere. Palantir cofounder Joe Lonsdale suspects many of them aren’t because of AI at all.The layoff memos look quite similar, from Block to Atlassian to Coinbase. They cite productivity gains from AI technology and the need for smaller teams with fewer layers.Lonsdale isn’t convinced.”Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off ‘due to AI productivity,'” Lonsdale wrote on X.The post quickly gained traction online, and venture capitalist Marc Andreessen co-signed the message. Khosla Ventures partner Jon Chu also cosigned…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 9, 2026 Zcash developers have finalized consensus rule changes for the Ironwood upgrade,…
Midday Need to Know: Silver price slumps, housing data boosts & more
Salesforce laid off more employees in a new round of cuts, according people familiar with the matter and a regulatory notice in California.The cuts affected employees working on the company’s Agentforce AI product, its Mulesoft IT integration tool, and its Marketing Cloud software, one of the people said. The second person confirmed job cuts, without specific details. The people asked not to be identified discussing sensitive matters.A regulatory filing in California, known as a WARN notice, listed 86 Salesforce job cuts in roles such as sales, general administration, and technology and product.Salesforce has been hit this year by concern AI…
Share Last updated: June 9, 2026 The institutionalization of the cryptocurrency market is accelerating at an unprecedented pace, driven largely by aggressive treasury strategies from Wall Street giants. As corporate balance sheets lock up massive portions of the circulating Bitcoin supply, the broader industry is facing a critical challenge: how to seamlessly move liquidity across increasingly isolated blockchain networks. While institutional capital secures the foundation, innovative Layer 3 protocols are emerging to solve the fragmentation bottleneck.Saylor’s Strategy: Inside the $101M Bitcoin Treasury ExpansionLeading the charge in institutional crypto adoption is Strategy (formerly known as MicroStrategy), the enterprise software firm spearheaded…