Uphold has cut its global headcount by 17%, laying off roughly 85 employees and contractors, CoinDesk reported, citing sources familiar with the matter. The company is redirecting spending toward its enterprise business after nearly doubling headcount during what CEO Simon McLoughlin called a period of “extraordinary growth.” What Uphold Is Selling to Partners Founded in…
Singapore-based stablecoin payments company Triple-A suffered a weekend security breach that affected its company assets. The incident, which happened Saturday (July 25) and was announced Monday (July 27), was part of a series of recent breaches at digital asset companies. Triple-A said the incident had been contained and its services had returned to normal. “Client…
Second lien and home equity line of credit residential mortgage-backed securitization issuance so far in 2026 is the most through this time of the year since the Great Financial Crisis, Bank of America Securities said in its weekly securitization report. Processing Content Issuance as of July 24 of this segment of non-agency was $24 billion….
Since Bill Pulte became acting director of national intelligence on June 19, he has been dividing his time among that role, his position as director of the Federal Housing Finance Agency (FHFA) and his chairmanship of both the Fannie Mae and Freddie Mac boards. Democratic Senator Elizabeth Warren of Massachusetts, the ranking member of the…
Apple’s stock is on track to see its best monthly performance in more than two decades relative to the Nasdaq-100.
Payward plans to expand its B2B infrastructure platform, Payward Services, with embedded, non-custodial wallet infrastructure by acquiring the wallet-as-a-service business of Magic Labs. Magic Labs’ noncustodial wallet infrastructure has powered more than 60 million wallets and over $10 billion in stablecoin volume for 200,000 developers, Payward said in a Monday (July 27) press release. Payward…
This article was written by Follow I’m a retail investor based in Sydney with three years of experience focusing on achieving financial independence through strategic investments in AI-driven companies. Although I don’t come from a traditional finance background, I’ve developed a strong passion for understanding how artificial intelligence is transforming the global economy. Over the…
WTI crude oil futures settled at $82.61, down $6.70 (-7.50%) on the day. It was the largest one-day decline since April 17, when prices tumbled 9.86%, as easing geopolitical tensions sparked heavy selling across the energy market. From a technical perspective, the bearish tone strengthened as the price broke below several key support levels. WTI…
Every company running artificial intelligence at scale eventually hits the same problem: a simple customer question gets routed to the same, expensive, frontier-grade model as a genuinely hard one. That’s a waste of money — and an avoidable one. Routing software fixes it by evaluating each request before it happens and sending it to whichever…
Mortgage professionals hunting for growth markets should look where inventory hasn’t recovered: Chicago and Pittsburgh are posting the strongest mid-tier home price appreciation in the country, at 4.2% year-over-year, as housing supply in both metros remains well below pre-pandemic levels. Processing Content That’s the signal from First American Data & Analytics’ Home Price Index Report…