Microsoft plans to lay off thousands of employees, fueling market concerns over massive AI investments and transformation pressures.
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Citadel Securities and DTCC partner as omnichain interoperability protocol LayerZero launches a new exchange, expanding institutional market infrastructure for digital assets.
BWENEWS AI: Citadel Securities and DTCC partner as omnichain interoperability protocol LayerZero launches a new exchange, expanding institutional market infrastructure for digital assets.
Jpmorgan Ended Banking Relationship With Polymarket Over Regulatory CONCERNS: Wsj
AggrNews News, Jpmorgan Ended Banking Relationship with Polymarket Over Regulatory CONCERNS: Wsj
JPMorgan cuts Polymarket banking ties over regulatory concerns: Report
JPMorgan Chase reportedly cut banking ties with Polymarket in October 2025 over regulatory concerns but remains open to an underwriting role if the platform goes public.
Australian superannuation fund UniSuper plans to buy tech stocks on dips, ignoring concerns about an AI bubble.
According to Mars Finance, on July 8th, UniSuper, one of Australia's largest pension funds, is seeking to buy into US tech stocks during a pullback, ignoring concerns about high valuations and betting that artificial intelligence will drive earnings growth in the coming years. John Pearce, the fund's chief investment officer, stated that the fund is structurally overweight in US tech stocks because they are at the "sweet spot" of the AI spending cycle, and would increase its holdings even if the sector pulls back by 10%. This bullish stance highlights the growing divergence among investors regarding the long-term prospects of US mega-cap tech stocks—which are currently retreating from their record highs reached last month. Pearce stated, "Everyone is talking about a bubble, but valuations don't reflect that. We know they're investing heavily in capital expenditures, but they are fundamentally sound companies with strong growth prospects, so we're very happy to continue long." UniSuper, with assets under management of A$166 billion (approximately US$115 billion), has maintained an overweight position in US tech stocks for several months. International equities account for about 35% of its default investment strategy, with Nvidia, Microsoft, and Apple being its largest holdings.
TermiX, the agent-based commercial clearing layer, has officially launched mainnet and released the BNB Chain ecosystem Agents Marketplace: Agent.family
According to Mars Finance, TermiX, an AI agent commercial clearing layer, has officially launched mainnet and introduced the BNB Chain ecosystem Agents Marketplace. Agents can register ERC8004-based Agent IDs on the marketplace and post, accept, and verify over 120 different types of Agent Jobs. Major agents, including OpenClaw and Hermes, can integrate TermiX Skills with a single click, gaining the ability to conduct agent commercial activities globally. TermiX is reportedly an AI agent commercial clearing layer on the BNB Chain, and in May of this year, it announced a $1 million investment from YZi Labs.
Yield Guild Games announced the closure of its game publishing division, YGG Play, and the layoff of 35 employees.
PANews reported on July 7th that Gabby Dizon, co-founder of the Web3 gaming guild Yield Guild Games (YGG), announced the closure of its game publishing division, YGG Play, affecting 35 positions. YGG will pay departing employees an additional eight weeks' salary during the transition period and assist them in finding new employment. The YGG Play platform and games such as LOL Land and Waifu Sweeper will continue operating until July 31st, after which they will be shut down. GIGACHAD BAT will move to delabs Official, while Ragnarok Breaker will continue to be operated by Planetarium HQ.