In brief A Federal Reserve study found US programming job growth dropped roughly 50% after ChatGPT launched in November 2022. Researchers estimate roughly 500,000 developer jobs that would have otherwise existed were never filled. The employment gap didn’t appear until mid-2024—about 18 months after ChatGPT’s launch. The Federal Reserve just put a number on something
According to a report released by HashKey Capital Insights on April 20, 2026, the tokenized commodities market has scaled its total AUM from $1.37 billion to $5.46 billion year-over-year. The expansion signals that the sector has moved beyond the proof-of-concept phase and into an era of scalable distribution. As institutions look for ways to modernize
Nasdaq-listed Solana Company has completed a capital increase of approximately $8 million, according to a report from The Wall Street Journal (WSJ). The company issued 3,076,922 shares of Class A common stock at a price of $2.6 per share. This investment round was led by Mirae Asset and included participation from HashKey Capital. The proceeds
The Nasdaq 100 and the QQQ ETFs are in a strong bull run and trading at a record high as investors embrace a risk-on sentiment amid the ongoing ceasefire between the United States and Iran. They have soared in the last four consecutive weeks and are now hovering at their all-time highs. This article explores
Western Union (WU) is preparing to roll out a stablecoin strategy that could reshape how the 175-year-old money-transfer company settles payments across its global network. CEO Devin McGranahan said on the company’s first-quarter earnings call that Western Union’s U.S. dollar stablecoin (USDPT) is in the final stages of readiness and is expected to launch next
A new report by Discovery Bank and Visa highlights a major shift in South Africa’s financial landscape, as cryptocurrency matures from a speculative trend into a mainstream investment class. Key Takeaways: Discovery Bank and Visa report that 7.8 million South Africans now treat crypto as a mainstream asset class. Middle-income trading grew 26% in 2024,
Four Pillars, a leading Web3 research firm based in South Korea, has secured a significant Series A funding round. Pantera Capital and Further Ventures led the investment. This round values the company at 30 billion won, which equals approximately $21.9 million. The company aims to connect Asian markets with global financial systems. It also plans
New York, NY – January 22, 2025 – Digital asset management firm Grayscale has issued a stark warning about the growing trend of digital asset companies issuing preferred stocks. The firm specifically highlighted instruments like Strategy’s STRC, calling them a risky bet on Bitcoin’s price direction. Grayscale’s analysis suggests these preferred stocks carry a risk
The current week is shaping up to be the most important of the half-year for the crypto market. While Bitcoin and $XRP recorded ETF inflows in April, $2.44 billion and $81.63 million respectively, investors are facing a “perfect storm”. Macroeconomic data and seasonality factors may either confirm the digital assets’ appeal or erase the entire