Crypto for Advisors: Where investors stake crypto shapes how much of the reward they keep
Source:CoinDesk
This pancreatic cancer treatment is on track for ‘one of the best drug launches of all time’
Revolution Medicines’ brandnew treatment brought in far higher sales than expected in its first few weeks on the market. Source:MarketWatch
Billionaires aren’t off the hook for higher taxes, even if they did dodge California’s wealth tax
Silicon Valley spent big to kill California’s wealth tax — but incoming Democrats are eyeing a national fight. Source:MarketWatch
This is the secret sauce for the economy — and it’s showing up in faster U.S. growth
Americans are unhappy about the economy, they’re worried about artificial intelligence and they took their frustration out on Republicans in the U.S. midterm…
Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.…
Blockchain is ‘perfect solution’ for AI agent trust, VeChain CEO says
Sunny Lu said AI agents would need identity and reputation systems, making the case while promoting agentbuilding platform VeWorld.ai. Source:Cointelegraph
Can decentralized phone networks power the AI revolution?
Decentralized AI networks want to turn everyday phones into an alternative to centralized computing infrastructure — but skeptics have their doubts.…
Google could take stake in bitcoin miner TeraWulf’s $19 billion AI project if Anthropic defaults
A $19 billion datacenter agreement includes an unusual provision allowing Google to acquire part of the project if Anthropic fails to pay its rent.…
Binance cuts SignalPlus access after security warning, urges users to check accounts
The exchange says its systems are unaffected but has removed trading connections to the thirdparty platform as a precaution. Source:CoinDesk
Ukraine’s central bank opposes crypto bill, citing monetary sovereignty concerns
Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote. Source:CoinDesk
Robot maker Agility starts trading today — but its steep losses are raising red flags
Agility is going public via a SPAC merger that one executive says will give it a “firstmover advantage.” Source:MarketWatch
Interest rates could go ‘significantly higher’ if oil prices keep climbing — even if the Iran war ends soon
Strategists at Bank of America found a dramatic correlation between interest rates and oil prices in the U.S., U.K. and Germany. Source:MarketWatch