Venture fund Andreessen Horowitz (a16z) shared insights from Hebbia CEO George Sivulka, who said AI is not replacing employees but changing how work is organized.
He noted that for the first time, humans have become cheaper than software, shifting companies' focus to managing AI agents rather than developing new models. Despite this, tech firms continue large-scale layoffs while increasingly automating processes with AI.
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Vitalik Buterin believes humanity is advancing AI too quickly without understanding if humans will retain unique advantages over it. He warns that the arrival of AGI will be a point of no return, enabling automation of most jobs and ending guaranteed human leadership.
Buterin advocates for slower AI progress, open model development, and closer human-technology integration to reduce risks of power concentration.
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On-chain investigator MLM claims the announced KAITO token unlock schedule, which was supposed to start in February, has not actually begun. He estimates that 88% of the total KAITO supply remains in wallets linked to the project team.
Only 2.5% of the supply was moved to the Sablier protocol for potential unlocking, but these tokens have yet to be distributed. An unlock of 17.6 million KAITO (around $17 million) is scheduled for this week.
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Movement Labs, the Ethereum layer-2 project built on Metaβs Move language, has filed for bankruptcy. After launching its MOVE token in December 2024, a CoinDesk report revealed a market-making deal gave one party control over the circulating MOVE supply.
66 million MOVE tokens were dumped a day after launch, and Binance banned the market makerβs account. Co-founder Rushi Manche left in May 2025.
In June 2026, Movement pivoted to cross-border payments and stablecoin settlements, citing licensed payment infrastructure in the US, Canada, and the EU.
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Elon Musk believes that advances in AI and humanoid robots will nearly eliminate the cost of human labor, radically transforming the global economy.
He suggests that saving for a "comfortable retirement" may become meaningless as the world will be fundamentally different in 10-20 years.
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Ondo Finance (ONDO) now accepts tokenized stocks as collateral on OndoPerps. SPYon and QQQon, tokenized ETFs for S&P 500 and Nasdaq-100, can be used directly as margin without stablecoin conversion. Collateral limit is $100,000 nominal per asset, with more tokens planned.
OndoPerps has over $3.8 billion in trading volume, offers up to 20x leverage, runs 24/7, is registered in Panama, and excludes US citizens.
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The legendary exchange BitMEX, a pioneer in futures trading, is shutting down after 12 years. Crypto Twitter sees this as a bullish sign, noting major exchange failures often mark market bottoms.
Past shutdowns triggered huge rallies:
Exchanges fail, but Bitcoin endures. Are we near a new bull run?
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