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Forty-seven banks across South Korea and Europe are joining forces with Chainlink in a venture called Project Pangea, aiming to settle multimillion-dollar currency trades in near real time using stablecoins. If it works at scale, it could fundamentally reshape how institutional money moves across borders.
Meanwhile, the Ethereum Foundation is tightening its belt, cutting fifty-four positions — roughly twenty percent of its staff — as part of a restructuring into what leadership is calling focused clusters. The move follows a string of high-profile departures and signals a leaner, more deliberate direction for one of crypto's most influential organizations.
On a very different note, the first trailer for Taika Waititi's adaptation of Klara and the Sun has arrived, and it's drawing real attention. Jenna Ortega plays Klara, an artificial companion navigating a quietly unsettling world. In a moment when AI stories risk feeling routine, this one appears to be asking the harder questions about what connection actually means.
Keep surfing. Tech Beat out.
