Market research firm Circana’s Mat Piscatella reports that May 2026 saw the lowest number of PlayStation consoles sold in the United States during any May since 2000, a few months before the PlayStation 2’s launch. Meanwhile, Xbox unit sales experienced their worst May on record.Read… Read More
Robinhood says layoffs aren’t being driven by AI integration According to a Forbes report published on June 4, 2026, AI has been the top reason cited for tech layoffs during 2026. Robinhood, however, seems to be taking a different tack. Unlike BitGo, attributing its cuts… Read More
Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin but that Michael Saylor’s approach to funding bitcoin purchases has damaged the broader crypto market, in a CNBC interview on Friday, as the preferred stock at the center of Strategy’s model fell to a record… Read More
Bitcoin BTC$60,140.05 found some footing around $60,000 on Friday after this week’s selloff, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem. Leading the advance was the native token of Aave AAVE$95.42, the largest DeFi lending protocol, which jumped 19% over… Read More
U.S. Representative Maxine Waters may soon return to the helm of the House Financial Services Committee if Democrats perform as expected in the November elections, and she’s asking that the Department of Labor back away from a proposal that would encourage the managers of 401(k)… Read More
The pullback marks a sharp reversal from expectations at the start of 2026, when many industry executives anticipated a wave of crypto listings following successful IPOs by Circle (CRCL) and CoinDesk’s owner Bullish (BLSH). Crypto investors also worry that this year’s blockbuster AI-related IPOs are… Read More
