Techmeme
September 1, 2025, 11:50 AM

Top News

Naga Avan-Nomayo / The Block:
WLFI, the token of Trump's World Liberty Financial, begins trading at ~$0.30 with a market cap of ~$7.5B; ~24.67% of its 100B supply is in circulation at open  —  - The native token of World Liberty Financial, a DeFi project backed by Donald Trump and his family, began spot trading on exchanges.
Drew Harwell / Washington Post:
Analysis: porn sites that don't comply with the UK's age verification laws have seen their traffic from UK users grow, while sites complying had declines  —  The age-verification laws rapidly expanding across the United States and United Kingdom are bringing with them some surprising downsides …
Aditya Kalra / Reuters:
Source: Indian fantasy sports startup Mobile Premier League plans to lay off ~60% of its local workforce, after the government banned online real-money games  —  Indian online gaming app Mobile Premier League (MPL) will sack about 60% of its local workforce as part of a major downsizing …
Noah Smith / Noahpinion:
A critique of two contrasting research papers on AI's impact on US employment trends, along with caveats from a Stanford study on jobs in AI-exposed fields  —  Some top economists claim AI is now destroying jobs for a subset of Americans.  Are they right?  —  The debate over whether AI …
Brayden Lindrea / Cointelegraph:
El Salvador splits its 6,000+ bitcoin across 14 wallets, describing the move as a precaution against quantum attacks, a merely theoretical threat for now  —  El Salvador has transferred its 6,274 Bitcoin into 14 new wallet addresses as part of a security measure to protect against the threat of quantum attacks.

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Joshua Rothman / New Yorker:

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