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Share link:In this post: Pinterest’s revenue beat expectations, but profit missed, and U.S./Canada user growth stayed flat, causing shares to drop 14%. The company is growing through AI, visual search, and shopping features, and expects up to $1.05 billion in Q3 revenue. Men now comprise over one-third of the firm’s users, with rising interest in wellness, fashion, tech, and finance.
Share link:In this post: Block Inc. raises 2025 profit forecast to $10.17b from $9.96b after a strong Q2. Shares surge 8% in after-hours trading following the upbeat outlook. Cash App gross profit jumps 16% to $1.50b, beating estimates, driven by Borrow, card spending, and BNPL.
Share link:In this post: Pete Bannon left Tesla after nearly a decade; he was the VP of hardware design engineering and led Dojo development. Elon Musk’s order shut down the Dojo team; engineers reassigned or left to form an AI startup called DensityAI. Tesla’s AI strategy pivots to external partners like Nvidia, AMD, and Samsung for compute and chip manufacturing.
Share link:In this post: Meta Platforms picks Pacific Investment Management Co. and Blue Owl Capital Inc. to lead financing. Pimco will deal with the $26 billion debt portion, while Blue Owl will offer $3 billion in equity. Meta increased its investments in AI this year.
SHIBA INU (SHIB) price is underperforming while the rest of the meme coin pack is running wild. Dogecoin is up 29.8% in the past 30 days, BONK is up 20.4%, PENGU soared 151.1%, and even PEPE is up over 9%. SHIB? Just 7.9%. As the meme coin index jumps 6.2% in the past 24 hours, … <a href="https://beincrypto.com/shiba-inu-price-breakdown-risk-august-2025/">Continued</a>
TMTG aims to address the challenge of sluggish core business growth by leveraging the high volatility of crypto assets through its "Financial Engine."
Japanese Bitcoin spot ETF may not arrive as early as once expected this week. SBI Holdings denied earlier reports that it has formally filed for crypto-related exchange-traded funds (ETFs) in Japan, clarifying that the plans remain in the development phase. Regulatory Clarity Still Pending “Contrary to some media reports, we have not filed any applications … <a href="https://beincrypto.com/japan-crypto-etf-not-officially-filed-plans-still-in-development-phase/">Continued</a>
PI Network's token is showing bullish momentum after a period of consolidation, with key indicators like MACD and BBTrend signaling a potential breakout.
- 14:11USDC Treasury minted approximately 62,710,000 USDC on EthereumAccording to ChainCatcher, Whale Alert has monitored that USDC Treasury has just completed a minting on Ethereum: 62,711,518 USDC, equivalent to approximately $62,683,423.
- 14:11Data: XPL manipulator who once earned $38 million recently lost $3.65 millionAccording to ChainCatcher, on-chain analyst Ai Yi (@ai9684xtpa) has monitored that cryptocurrency trader @Techno_Revenant, who became famous for making a profit of $38 million from trading $XPL within 20 minutes, recently suffered significant losses. Reportedly, his suspected alternate account 0x9b8 ... 425b0 opened long positions on $BTC and $HYPE after the market flash crash on October 11, resulting in a loss of $2.46 million, with a total loss of $3.65 million over the past week. However, the trader then adopted a "join if you can't beat them" strategy, shorting ETH with 20x leverage, and has currently achieved an unrealized profit of $780,000, partially offsetting previous losses.
- 13:55The US crypto framework bill stalls as the Democratic proposal sparks strong industry oppositionChainCatcher news, according to Cointelegraph, discussions in the U.S. Senate Banking Committee regarding the Responsible Financial Innovation Act (RFIA) have stalled. Last week, Democratic lawmakers submitted a counterproposal that includes strict restrictions on decentralized finance (DeFi) protocols, especially a "restricted list" mechanism regulated by the U.S. Treasury Department to flag "high-risk" DeFi protocols. The blockchain industry has reacted strongly to this; Blockchain Association CEO Summer Mersinger warned that the proposal would "effectively ban the development of decentralized finance, wallet development, and other decentralized applications in the United States," pushing innovation overseas. Jake Chervinsky, Chief Legal Officer of investment fund Variant, was even more blunt, calling the Democratic proposal "not serious" and essentially "an unprecedented and unconstitutional government takeover of the entire industry." Currently, Republicans and Democrats are blaming each other for the amendments to the bill, and negotiations have been suspended. Banking Committee Chairman Tim Scott's original deadline to pass the bill by the end of September has already passed, and the growing divide between the two parties has made the prospects for this milestone legislation even more uncertain.