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Avalanche, Helix and Faculty Group have launched Fusion, a new blockchain ecosystem aimed at driving real-world adoption through modular infrastructure tailored to specific industries.Built on Avalanche, Fusion features a two-layer architecture that includes composers, customizable layer-1 networks and modules, which offer plug-and-play services like compute, identity and data oracles. The team said this approach would be the answer for mainstream adoption, as they attempt to deliver “outcome-driven, domain-specific” blockchain-based economies. “In order to achieve widespread adoption, our industry needs to shift from selling blockspace to delivering business value,” a Fusion spokesperson told Cointelegraph. They added that Fusion integrates economic alignment, network design…
Check out the companies making headlines in premarket trading. Home Depot — The home improvement retailer gained 2.4% after it stuck by its guidance for the full year . CFO Richard McPhail also told CNBC Home Depot doesn’t plan to increase prices due to tariffs. Viking Holdings — Shares of the cruise line fell 5.6% despite first-quarter results coming in better than expected. Viking lost 24 cents per share, excluding items, on revenue of $897.1 million. Analysts polled by FactSet expected a loss of 29 cents per share on revenue of $841.2 million. Hewlett Packard Enterprise — The cloud tech…
Ed Suman, a 67-year-old retired artist who helped create large sculptures like Jeff Koons’ Balloon Dog, reportedly lost his entire life savings — over $2M in digital assets — in a sophisticated scam. The incident is believed to be tied to the major data breach at Coinbase, one of the world’s largest digital asset exchanges. Suman’s story is part of a bigger wave of attacks on digital asset holders using stolen personal info, and has triggered lawsuits, regulatory concerns and questions about digital security in the Bitcoin space. In March 2025, Suman got a text message about suspicious activity on…
International Game Technology (IGT) has announced that the Judging Commission has completed its thorough evaluation of the technical and economic proposals submitted by LottoItalia, the consortium it leads, for the Italian National Lottery license. The consortium, which includes Allwyn, Arianna 2001, and Novomatic Italia, is anticipated to be officially awarded the license by Italy’s Customs and Monopoly Agency (ADM) within the next 35 days. This license is expected to span nine years, extending through November 2034.The LottoItalia consortium has presented a substantial financial commitment, reportedly raising €2.23 billion ($2.51 billion) in upfront fees as part of their bid to secure…
Rome CNN — Leo XIV, the first ever American pope, condemned the exploitation of the poor and called for unity in the church during his inaugural Mass in St. Peter’s Square, an event attended by world leaders, royalty and tens of thousands of believers. The 267th pontiff arrived at the Vatican on the popemobile and was welcomed by cheers from the huge crowds as he toured St. Peter’s Square in the specially designed motor vehicle for the first time. Approximately 100,000 people had gathered at the start of the Mass, according to authorities. During his tour on the popemobile, Pope…
Summary Fans are disappointed with the new Saber Collector wrap in Fortnite’s Galactic Battle season. Epic Games is facing a lawsuit from SAG-AFTRA over the AI-powered Darth Vader NPC in Fortnite. Players express a desire to see lightsaber pickaxe cosmetics in Fortnite’s Star Wars-themed mini-season. Fortnite players have come together to express their disappointment with the new Saber Collector wrap included with the battle pass for its latest mini-season, Galactic Battle. Epic Games recently released the new Star Wars-themed season of Fortnite, bringing characters like Mace Windu, Emperor Palpatine, and Darth Jar Jar to the popular battle royale. In addition…
US President Donald Trump has signed a bill criminalizing nonconsensual artificial intelligence-generated deepfake porn, which also requires websites to take down any illicit images within 48 hours.Trump signed the bill into law on May 19, known as the TAKE IT DOWN Act, an acronym for Tools to Address Known Exploitation by Immobilizing Technological Deepfakes on Websites and Networks.The bill, backed by first lady Melania Trump, makes it a federal crime to publish, or threaten to publish, nonconsensual intimate images, including deepfakes, of adults or minors with the intent to harm or harass them. Penalties range from fines to prison.Source: Melania…
European stocks move higher as Swiss Life, Greggs report earnings It’s just after midday in London and European stocks have continued to move higher amid a series of earnings reports from Swiss Life and Greggs.The Stoxx 600 was up 0.7% at 1:20 p.m. London’s FTSE 100 is 0.65% higher, the French CAC 40 is up 0.64% and the DAX has gained nearly 0.6%. All major sectors are in the green.— Sawdah BhaimiyaNovo Nordisk up 3% as traders digest recent CEO shake-up Danish pharmaceutical giant Novo Nordisk was up 3.3% on Tuesday at 11:35 a.m. in London, as traders digested news that longtime CEO Lars Fruergaard Jørgensen is…
CNN — Allegations of a secret nose job are threatening Peruvian President Dina Boluarte’s grip on power – and that’s only the tip of her problems. The Latin American leader, whose popularity has cratered to among the lowest in the world – with a disapproval rating of 93%, according to a recent Datum Internacional poll – is facing a string of investigations at the hands of Peru’s Attorney General. The most serious of these involve the deaths of more than 60 people during a crackdown by government security forces on the protests that followed the ouster of her predecessor Pedro…
Larian Studios earned widespread acclaim for Baldur’s Gate 3, a title that not only revitalized a classic RPG franchise but redefined what modern role-playing games could be. With the final major patch behind it and its time with Baldur’s Gate 3 and the franchise potentially concluded, it’s anyone’s guess what the next chapter for Larian Studios may look like. The answer may not be as mysterious as it seems, though, because the studio has a well-loved franchise of its own that’s waiting in the wings. This is an exciting time for Larian Studios, which just opened a new studio in…