Tokenized deposits could raise US credit costs: Dallas Fed economists
Dallas Fed economists said faster, programmable deposits could make bank funding less stable, potentially pushing lenders toward more expensive funding.…
Bitcoin below $79,000, XRP leads losses as traders start betting on a Fed hike
Every major token except solana and BNB is flat or lower over 24 hours, with bitcoin holding a 14% weekly gain and XRP 28%. Source:CoinDesk
StarkWare tests quantum-resistant Bitcoin transaction on mainnet
StarkWare said the experimental transaction demonstrated quantumresistant Bitcoin spending without a fork, but it cost up to $200 and required direct miner…
What to know about Hugging Face, the open-source AI startup reportedly catching Nvidia’s eye
New reports outline deal talks between the two companies as opensource AI technology comes more into focus. Source:MarketWatch
SEC resurrecting U.S. crypto custody rule the previous administration failed to land
In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients' crypto assets, but the new approach is still shrouded in…
CrowdStrike’s stock soars after AI fuels the cybersecurity company’s ‘best quarter’ ever
“Every enterprise will run on AI, and securing it is the largest market opportunity in our history,” CEO George Kurtz says. Source:MarketWatch
Salesforce’s stock surges as AI momentum fuels revenue growth
Salesforce cleared Wall Street’s secondquarter expectations and deepened its ties with AI lab Anthropic. Source:MarketWatch
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 taxreporting framework.…
The ugly math on interest expenses, yields and the $40 trillion U.S. national debt
“The interest payments are starting to snowball,” said Joe Boyle at Hartford Funds. Source:MarketWatch
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 AIpowered payment models.…
Bill Gates issues a stark warning about AI — and Americans increasingly share his concerns
The Microsoft cofounder is urging technology leaders and government officials to better acknowledge the risks AI poses to jobs and human connections.…
China is collecting on old debts but won’t pay its own
China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country is defaulting on a significant…