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Meta pulling the plug on NFTs across Instagram and Facebook

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The short-lived NFT features were first launched in May 2022, but Meta’s financial technology lead said it’s “winding down” the tools to focus elsewhere.

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Coin Market

Solana treasury firms resist Forward Industries’ consolidation push

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Two Solana treasury firms rejected acquisition proposals from Forward Industries, while a third offer expired without a response.

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Coin Market

Robinhood cuts 10% of workforce as Tenev touts business strength

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Robinhood cuts about 10% of staff as CEO Vlad Tenev says business “has never been stronger” despite weak Q1 trading.

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Bitcoin doesn’t need Ethereum-style yield, says Strategy’s Michael Saylor

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Michael Saylor says Bitcoin does not need staking or inflation, outlining a five-layer “Digital Asset Stack” that generates returns through credit and equity products built around BTC.

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