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Meta announces acquisition of Moltbook, and onboards two founders to the MSL team

2 hours ago

On March 10, Axios reports Meta has acquired Moltbook—an AI agent-focused social network once widely anticipated. As part of the deal, Moltbook co-founders Matt Schlicht and Ben Parr will join Meta’s Superintelligence Labs (MSL), led by former Scale AI CEO Alexandr Wang.
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Jito Foundation Acquires and Relaunches SolanaFloor News and Media Center

On March 10, leading Solana news outlet SolanaFloor announced it has been acquired by Jito, with the purchase price undisclosed. It will resume operations under the Jito Foundation while retaining full editorial independence. SolanaFloor noted its mission remains unchanged: documenting the ongoing growth of the Solana ecosystem and delivering clear, impartial research and reporting. As previously reported, following a hacker attack on Step Finance, the company’s subsidiaries SolanaFloor and Remora Markets announced they would cease all operations on February 24.

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Kraken Launches Tokenized Stock Trading Platform Rewards Program, Hinting at Potential Ecosystem Token

On March 10, CoinDesk reported that Kraken’s tokenized stock trading platform has launched a loyalty program—hinting at a potential ecosystem token.

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Bitfinex Report: Bitcoin Price Currently Driven by Spot Demand, Laying Groundwork for High Certainty Mean Reversion Rally

March 10 — Bitfinex said in a report that Bitcoin’s $60k–$64k support range held up unexpectedly despite two weeks of geopolitical escalation after Iran’s “Black Saturday” and a disappointing U.S. nonfarm payrolls (NFP) report showing just 92,000 new jobs added. Since then, global oil prices have surged sharply — a move that could impact future Consumer Price Index (CPI) readings, as energy accounts for ~9% of the final CPI calculation. These inflationary pressures suggest all risk assets may face headwinds. For Bitcoin, however, two key forces are at play: 1. Bitcoin’s volatility is more frequent and sharp than other risk assets. As its correlation with high-risk tech sectors rises and its link to safe-havens like gold falls, Bitcoin often sells off sharply earlier than other risk assets — but also bottoms out sooner. This dynamic may be unfolding now, given Bitcoin’s underperformance vs. the S&P 500 or Nasdaq over the past two quarters. 2. The market is in a “deleveraging w

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Bitcoin Surges Above $71,000

On March 10th, per HTX market data, Bitcoin has rebounded to break above $71,000. It’s currently trading at $71,212, posting a 2.73% gain over the past 24 hours.

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AI-powered Legal-Tech Platform Legora Raises $550 Million in Series D Funding Round, Led by Accel

March 10 — TechCrunch reports that Legora, an AI platform for legal professionals, has closed a $550 million Series D funding round led by Accel. Existing investors Benchmark, Bessemer, General Catalyst, ICONIQ, Redpoint Ventures, and Y Combinator also participated, while new backers include Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Salesforce Ventures, Sands Capital, and Starwood Capital. Powered by large language models (primarily Claude), Legora positions itself as a tool to help lawyers tackle complex cases. Speaking via live stream at the Stockholm Techarena conference, CEO Max Junestrand noted: “While anyone can access a ‘pocket lawyer’ via Claude, our solution is built for a distinct use case.” The platform is integrated into clients’ workflows, with 800 law firms and legal teams currently using it. Legora currently operates offices in New York, Stockholm, Bangalore, London, and Sydney, with plans to expand further. Along with closing its Series D ro

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Iranian Parliament Speaker: If the 'enemy' initiates a war on our infrastructure, Tehran will also take equivalent action

On March 10, an Iranian Parliament spokesperson said Tehran would respond in kind if an "enemy" first launched attacks against infrastructure, per the Financial Times.

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