Stablecoins not credible for payments at scale, BIS chief says
BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.…
Microsoft’s stock seals its longest winning streak of the year as AI software fears fade
Microsoft’s software offers capabilities that will be critical for AI, one analyst notes. Source：MarketWatch
Kevin Warsh gets what every Fed chair hopes for: A bond market that trust his words
Kevin Warsh passed another big test as a new Federal Reserve chairman on Friday: He said the central bank still has work to do on inflation, and the bond…
Meet Generation Renter — young Americans who no longer expect to ever own a home
Also in Weekend Reads: How to start investing, an AI boost for an old industry and advice from the Moneyist. Source：MarketWatch
Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure. Source：Cointelegraph
Solana vote to double disinflation passes by a hair in dramatic finish
Solana's first networkwide vote went down to the wire, with a Krakenlinked validator switching sides before the disinflation proposal narrowly passed.…
Why you shouldn’t use AI to pick a Medicare plan
Using artificialintelligence tools to help navigate Medicare’s openenrollment season might seem like an easy way to simplify what can be an overwhelming…
Bitcoin dips to $78.4K as Fed’s Warsh downplays softer inflation prints
Bitcoin failed to make a decisive break above $80,000 as traders digested Fed Chair Kevin Warsh’s Jackson Hole keynote speech, which remained wary of US…
Crypto Biz: Bitcoin pumps, Wall Street does the paperwork
Bitcoin’s $80,000 rebound lifts crypto stocks as Circle, Strategy and Solana show how capital markets, stablecoins and onchain growth are driving crypto’s…
The bull market for stocks is defying everything, but Bank of America warns that an autumn reality check is coming
The midterm elections and a potential end to the Iran war could present challenges to this bullish stock market, Bank of America strategists said.…
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a…
Who is legally liable when an AI agent goes rogue?
If your personal AI agent goes rogue and causes harm or financial damage in the real world, can you be held liable? Source：Cointelegraph