Epic Games said it is cutting more than 1,000 jobs, about 20% of its workforce, while trimming outsourcing and marketing costs to save over $500 million. CEO Tim Sweeney said the move is tied to Fortnite’s declining engagement and a spending-revenue imbalance, not AI.
Dogecoin turned lower from a resistance cluster around 0.0770, where the 20-day moving average and a 38.2% Fibonacci retracement converged. The analysis points to 0.0685 as the next support level.
Pump.fun introduces automated buybacks for tokenized AI agents. Agent revenue in SOL or USDC is used to buy and burn tokens, boosting scarcity and solving value accrual issues. Developers can adjust rates and integrate existing tokens.
KuCoin will list NEXST AI token NXT for spot trading at 10:00 UTC on May 12, 2026. Deposits on BSC BEP20 are open. The project partners with K-pop groups UNIS and KISS OF LIFE, with a quarterly revenue buyback and 1% supply burn mechanism.
Binance is launching USDT-margined perpetual futures for platinum and palladium, offering 24/7 trading, up to 100x leverage, and a 0.001 XPT/XPD minimum order size.
XRP fell 5% in 24 hours to $2.14 after a sharp rally. Whale transactions on the XRP Ledger rose to a three-month high, while exchange balances kept shrinking, putting focus on support near $2.00.
Pi Network says validator reward distribution is in testing, a new Linux node rollout is underway, and nearly 2.5 million users in selected regions can migrate. Binance listing rumors remain unconfirmed.
Swedish gambling giant Betsson AB reported a 47% drop in Q1 operating profit to €34M, driven by a 43% plunge in B2B licensing revenue. Shares fell as much as 20% intraday before closing down 14.4%.
