Business / Finance
Solana platform taps prediction market Kalshi for Wall Street-style high-speed data feed
Solana-based DoubleZero looks to meet institutional demands by adding prediction market Kalshi’s order book to its low-latency market data feed.
HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin
HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s regulated stablecoin market takes shape.
XRP Bridge Drained After Software Treats Fake Deposits as Real
A flaw that went undetected during multiple audits allowed an attacker to create unbacked balances and withdraw XRP from the bridge’s reserves.
Gates Foundation’s $540 million gift to science comes as the federal government pulls back on funding
The historic gift to a University of Washington research institute lands as the federal government retreats from funding science.
The majority of U.S. employers say they plan to increase hiring this year—these are the top roles they’re looking to fill
After years of job market hell, around two-thirds of U.S. employers are now planning to hire again—they’re looking for marketers, HR and tech workers.
Crypto-Backed Loans, Explained: How to Unlock Cash Without Selling Your Bitcoin
A fixed-rate crypto-backed loan lets you borrow against BTC, ETH, or SOL while keeping your coins. Here's how they work.
Sam Altman thinks working at Goldman Sachs ‘sounds unbelievably terrible now’ and admits he was ‘peer pressured’ into accepting an internship there
Two decades after his application to the bank, OpenAI is recruiting Wall Street veterans and teaching AI to do the work of junior bankers.
Billionaire Michael Saylor says Elon Musk is wrong about AI making money irrelevant: ‘Everybody doesn’t get their own private jet’
Elon Musk says AI will make money disappear. But crypto billionaire Michael Saylor says he’s wrong for one key reason: ‘We're status-oriented animals’
Norway $2.3 trillion fund posts best quarter since 2020
The fund returned 11.5% in the second quarter—the best result since 2020.
Why Bitcoin Barely Moved Even as US Inflation Cools to 3.4%
The tamest U.S. inflation print in months left crypto markets flat, with Bitcoin shrugging off the data hit. Here's why.
Blackstone strikes $1.8 billion deal for Air Canada division
Blackstone and a group of Canadian pension funds will acquire a 25% stake in Air Canada's loyalty program.
AI agents aren’t legally responsible for any harm that they cause, experts say. So who is?
Following Australia’s first reported automated hacking accident, experts warn deployers – and possibly developers – of AI agents could be held liable for the actions of their bots…
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.
Miden bets on privacy stablecoins with introduction of USDCx
USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.
US credit card debt climbs to $1.26tn, nearing last year’s record high
Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed reportCredit card debt in the United States is growing close to a record h…
Crypto Long & Short:
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong place, trapped by sett…
A Routing Bug Took Solana 86% of the Way to Losing Finality
A malformed default route at a single hosting provider took almost 29% of staked SOL offline, against a 33% threshold.
Kalshi Adds Real-Time Market Data Feed Through DoubleZero
The service gives trading firms access to Kalshi’s sports and crypto order books over DoubleZero’s fiber network.
Kalshi launches sports and crypto perps data feed on DoubleZero
Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster institutional data access.
Mortgage Rates Today, Wednesday, August 12: Noticeably Lower
Mortgage rates fell today while inflation cooled slightly, in line with expectations.
Global energy watchdog warns oil stockpiles ‘rapidly depleting’ – as it happened
The International Energy Agency calls for urgent reopening of the strait of Homuz amid ongoing pressure on global oil suppliesOpec has lowered its full-year forecast for world oil…
Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance says
Meet Google DeepMind’s chief AI exec—she started out detasseling corn in Indiana for around $1 an hour at 14: ‘I grew up in really humble beginnings’
Google DeepMind’s Lila Ibrahim had no AI pedigree—she started out with a $1 cornfield job, immigrant parents, and a habit of taking risks others missed.
Burnham warned of Iran war impact on UK growth next year
The conflict in the Middle East has pushed up oil and fuel prices, and also disrupted supply chains.