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Ethereum shifts to Layer 2 support as perpetual futures boom
Rather than competing on speed alone, some builders argue Ethereum’s real strength is settling the layer-2 networks where trading is taking place.
Robinhood stock slides despite beat as crypto revenue drops
The brokerage topped estimates overall, but crypto trading revenue fell 38% year over year and weighed on sentiment.
Senators seek tougher CLARITY Act crypto limits amid vote
A bipartisan pair in the Senate is seeking changes to the bill’s Trump-approved ethics section ahead of a tight vote.
Fed holds rates as Bitcoin nears $64K and crypto hacks rise
Markets split on the Fed path, BTC held above $63,000, and the tally of crypto thefts this year shows attackers are…
Brookfield and NextEra plan $100B Kentucky AI data center
The 1.2GW-plus campus would rise on a former uranium-enrichment site near Paducah, with operations targeted for 2032.
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Robinhood stock slides despite beat as crypto revenue drops
The brokerage topped estimates overall, but crypto trading revenue fell 38% year over year and weighed on sentiment.
Brookfield and NextEra plan $100B Kentucky AI data center
The 1.2GW-plus campus would rise on a former uranium-enrichment site near Paducah, with operations targeted for 2032.
Recursive Superintelligence signs $410M AWS compute deal
The agreement highlights how quickly capital is concentrating around AI infrastructure even before most frontier products reach mass markets.
Cyera to acquire Oasis Security for $1B to protect AI agents
The deal expands Cyera’s data-security platform as enterprises race to protect agentic workloads and sensitive automated systems.
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Ethereum shifts to Layer 2 support as perpetual futures boom
Rather than competing on speed alone, some builders argue Ethereum’s real strength is settling the layer-2 networks where trading is taking…
Senators seek tougher CLARITY Act crypto limits amid vote
A bipartisan pair in the Senate is seeking changes to the bill’s Trump-approved ethics section ahead of a tight vote.
Fed holds rates as Bitcoin nears $64K and crypto hacks rise
Markets split on the Fed path, BTC held above $63,000, and the tally of crypto thefts this year shows attackers are…
Polymarket puts Kraken IPO odds at 27% by year-end
As Kraken opens tokenized stocks, its Polymarket IPO market sits at 27%, down 1.5 points on $1.6M.
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Samsung chip engineers flee to rival SK Hynix en masse
Samsung semiconductor engineers are leaving for SK Hynix, lured by record bonuses and AI-memory momentum.
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Core Scientific lands AMD AI deal as bitcoin mining fades
Core Scientific's Q2 revenue doubled on AI colocation as it plans a multi-gigawatt buildout with AMD.
BlackRock and Fidelity throw weight behind Clarity Act
Wall Street's largest asset managers endorse the Digital Asset Market Clarity Act as the Senate races a shrinking deadline before its August recess.
X Money app begins its US rollout with a Visa debit card
Elon Musk's X Money is launching in the US with a Visa debit card and fee-free peer-to-peer transfers, starting with Premium subscribers.
Sam Altman says AI will not deliver a shorter work week
OpenAI's CEO says the four-hour-work-week promise was always a mirage, arguing we'll be 'much busier' in a post-superintelligence world.
Claude Mythos Preview finds flaws in reduced-round AES cipher
Anthropic says its Claude Mythos Preview found weaknesses in a weakened AES variant, renewing debate over AI cryptanalysis.
PayPal Q2 revenue rises 5% to $8.68B, tops estimates
PayPal posted Q2 revenue of $8.68B, up 5% year over year and above the $8.47B consensus, as it raised full-year guidance and reported a $1.1B profit.
KOSPI plunges 11% as Samsung, SK Hynix drag on China AI fears
South Korea's KOSPI plunged nearly 11% as Samsung and SK Hynix sold off on China AI fears and spending doubts; bitcoin slid about 2%.
Polymarket traders price GPT-6 at 71.5% odds by Sept 30
Bettors on the prediction market give GPT-6 a 71.5% chance of launching by Sept. 30, down from 73.5% a day earlier, as Altman heads to Washington.
Federal judge blocks Minnesota’s prediction-market ban
Judge Katherine Menendez granted Kalshi, Polymarket and the CFTC a preliminary injunction, finding the state law likely violates federal commodities law.
Binance reroutes police requests through foreign governments, NYT says
The New York Times reports Binance's April 2025 policy sends many law-enforcement data requests through foreign governments, slowing European probes.
Lido begins moving $16.5B in staked ether to cut validator count
Lido's Curated Module v2 consolidates 8 million ETH onto post-Pectra validators, shrinking Ethereum's validator set by about a third.
7 of 9 top Hugging Face models undressed a clothed woman
AI Forensics found 7 of 9 popular image models on Hugging Face turned a photo of a clothed woman topless, exposing weak safeguards against deepfake abuse.