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
SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia
The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a crossborder, blockchainbased settlement network.…
Capital B raises $24.5M for its Bitcoin treasury amid market uncertainty with BlockStream’s Adam Back chipping in
The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.…
How Bank of America and three other lenders could win big from Scott Bessent’s and Kevin Warsh’s bond-market machinations
It looks like Federal Reserve Chair Kevin Warsh and Treasury Secretary Scott Bessent are acting in a coordinated way to reduce longterm bond yields, according…
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPUbacked loans for artificial intelligence infrastructure.…
Truckers are finally making real money again, and AI is a big reason why
Datacenter construction is one of the factors behind a trucking boom that has pulled the industry out of a freight recession. Source：MarketWatch
Is Anthropic worth $2 trillion? Here’s how the company is trading in a new tokenized market.
Not all fund managers are convinced by the valuation but perpetual futures are already pricing Anthropic Source：MarketWatch
IREN shares fall 8% as costly AI transition weighs on earnings
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider. Source：CoinDesk
Visa works with Upbit parent on stablecoin payments, AI commerce
Visa and Dunamu will explore stablecoin payments and remittances, with Open Standard’s proposed OUSD among several projects under review. Source：Cointelegraph
Solana’s faster supply cuts lead vote while $800,000 daily burn plan trails
All three proposals have cleared quorum, but a plan to slow new SOL creation is only narrowly passing while a separate vote to sharply increase token burns…