Look closer, and Wall Street’s rally is showing cracks
Major stock indexes hovering near records are masking a market straining under elevated oil prices, rising Treasury yields and a Federal Reserve bracing for…
Australia summons OpenAI, Anthropic chiefs to Senate inquiry on health-data hack: Report
A rogue OpenAI research agent bypassed blocks on the Australian government healthdata portal, accessing nonpublic files in June. Source：Cointelegraph
How months of work on the Clarity Act all fell apart
Interviews with industry participants and legislative aides paint a picture of a blown billwriting process, with sources pointing to nearly every facet of the…
Why the upcoming jobs report could send 10-year and 30-year Treasury yields surging
Another hot jobs report could also pressure the Federal Reserve to raise interest rates again in October. Source：MarketWatch
Riot Platforms repays $200M credit facility, releases collateral
The Bitcoin miner has continued to expand its datacenter business as well. Source：Cointelegraph
Saylor outlines ‘bill of digital rights’ to help build prosperity in future economy
Our ambition should be to “enable 10 million new companies to raise capital,” Strategy’s executive chairman Michael Saylor wrote in an essay.…
Kalshi loses appeal, setting up potential Supreme Court case
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sportsevent contracts under state…
Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
Two wallets have been almost emptied and a third is being drained, with about $75 million remaining across the five original holding accounts. Source：CoinDesk
China is playing a different game when it comes to AI
Experts say the U.S. and China aren’t in an AI race because they aren’t targeting the same goals. Source：MarketWatch
Why bond-market volatility hasn’t spilled over into stocks
The bond market has a reputation for being boring. But lately, it has been the source of much of the action in the U.S. Source：MarketWatch
‘We lived within our means’: I earned $30,000 as a pastor and still retired comfortably. Why don’t you tell people that?
“As a country, we have grown dangerously comfortable.” Source：MarketWatch
Meta turned Muse into a viral hit. Now comes the hard part.
Meta is quickly racking up downloads for its Muse AI assistant, but the next step for Mark Zuckerberg is getting users to make the agent part of their everyday…