Business / Finance
Solana Treasury Firm Invites Investors to Look 'Beyond the Price of SOL'
Nasdaq-listed SOL treasury company DeFi Development Corp launched a free network dashboard on Wednesday. Its pitch: judge Solana on more than just price.
How David Tisch’s BoxGroup turned a $750K bet on Cursor into a $1 billion exit by breaking all the VC rules
David Tisch started off thinking he’d do just one startup deal. Years later, his firm BoxGroup is at the center of VC’s biggest acquisition ever.
Chainalysis estimates $457B in taxable crypto activity, says CARF misses most
The blockchain analytics firm said just 14% of the onchain activity it identified is covered by the OECD’s international crypto tax-reporting framework.
LIV Golf to lay off majority of staff amid ‘compressed timeline’ for new investors
Saudi Arabia’s PIF have ended financial supportChief executive working on deal but needs players’ buy-inLIV Golf informed the majority of its workforce on Wednesday that they will…
'The Government Doesn't Own Our Data': Prosecuted GrapheneOS User
Samuel Tunick, facing five years over a wiped phone, said he was secretly placed on a watch list as a suspected terrorist.
Crypto CEO Faces US Extradition Over Alleged $20 Million Token Scheme
Manpreet Kohli, accused of making $20 million from an alleged scheme to manipulate the Saitama token, is a step closer to facing trial in Boston.
No more UK energy bills support likely before price cap rise
Andy Burnham stops short of pledging further help as gas and electricity prices due to increase by 4% in OctoberHouseholds are unlikely to receive further energy bills support bef…
ChatGPT can now search years of your texts—but security experts are most worried about the people who never opted in
One person can give the AI access to years of conversations without anyone else in those threads granting permission.
A major German bank just let Claude and ChatGPT trade for customers. In one test, Claude beat human traders 76% of the time—but there’s a catch
Scalable Capital is rolling out an AI assistant program that lets users make trades, analyze portfolios, and set up savings plans with just a few prompts.
Exclusive: Struggling DraftKings awards $30 million marketing contract to cofounder who recently stepped down
Six weeks before leaving his post, Matthew Kalish signed agreements with his startup HardScope potentially worth millions.
The London stock market dodged a bullet with Shein | Nils Pratley
China’s fashion giant will list in Hong Kong with a shrunken price tag – and big questions over its business modelIn a parallel world, we might now be preparing for the arrival on…
SEC sends crypto custody rule overhaul to White House for review
The securities regulator’s crypto custody overhaul could clarify how investment advisers and funds hold digital assets for clients as the proposal moves through review.
Tokenized Deposits Could Drain $700 Billion From Bank Lending, Dallas Fed Warns
A shift toward faster, more rate-sensitive deposits could push banks into safer assets, constrain lending, and raise borrowing costs, Dallas Fed researchers said.
How Cigna’s AI chief is investing in the technology to cut costs and address some of healthcare’s biggest problems
Katya Andresen says AI can make healthcare more conversational, proactive, and personal for Cigna's 185 million customers.
77% of Americans see crypto in retirement plans as risky: Survey
A new survey finds broad skepticism toward crypto in workplace retirement plans as US policymakers move to expand access to alternative assets.
‘It’s very objective’: Billionaire Marc Lore’s Wonder uses an AI algorithm to determine who gets promoted
Lore has spent his career turning messy business problems into math. At Wonder, he’s now applying that instinct to employees’ careers.
Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price
"The reality is that Social Security is not a savings program where workers’ payroll tax contributions are saved in an account and used to pay their benefits."
Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data
Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.
Meta’s $17 billion child-safety settlement is the biggest tech payout ever—or 3x what it paid to acquihire a 28-year-old AI superstar
Meta's settlement is roughly 27% of last year's profit and about 8% of annual revenue—a little more than three Alexandr Wang's.
XRP Leads Crypto Pullback as Leverage Unwind Tests Rally
XRP led losses among the 10 biggest cryptocurrencies today. The charts show the real test for its rally is only getting started.
Dolly Parton once gave $1 million to help develop the Moderna COVID vaccine at Vanderbilt: ‘I’m kind of addicted to the feeling of giving’
Dolly Parton had a $450 million fortune at her passing, but spent much of her life giving it away—including $1 million toward COVID-19 vaccine research.
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models.
Ethereum Devs Propose Deposit Contract Overhaul to Quantum-Proof Staking
The proposal would let validator keys grow to 8,192 bytes and adds a switch that permanently retires today's BLS signatures.
Protocol upgrade decouples consensus from execution to solve scaling bottlenecks
CTDG Dev Hub participant’s protocol upgrade decouples consensus from execution, allowing network nodes to reach agreement on blocks before transaction execution completes.