Backpack's founder is shaking things up. They're launching a new token soon. But staff and investors get none at the start. This move aims to stop insiders from selling early. It protects regular traders from sudden price drops. The token unlocks are linked to a future IPO goal. This aligns long-term success for everyone involved.
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The mortgage industry just did something it's avoided for years. It's now using AI to automatically approve or deny home loans. This shift removes human judgment from a key financial decision. It raises big questions about fairness, bias, and accountability. A major line has been crossed.
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London's luxury market slows. Yet crypto founder Stani Kulechov buys big. He spends £22 million on a new mansion. A bold move against the current trend.
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