Moonshot’s Kimi rattled markets. U.S. agencies now say it was trained on American models
Moonshot, whose Kimi model rattled markets earlier this year, is among six Chinese AI firms accused of systematically extracting capabilities from U.S. models.…
Bitcoin recovers toward $79,000 as Zcash records a $500 million ETF haul
Bitcoin fell to nearly $77,600 on Tuesday before clawing most of it back, leaving it little changed on the day while zcash gained roughly 43% on the week and…
Malone Lam pleads guilty in $245M crypto theft conspiracy
US prosecutors said Lam organized an international network that targeted cryptocurrency holders through social engineering and home breakins.…
Memory chips have come to rule the AI boom. Why Micron’s reign could be here to stay.
Semiconductor industry revenue is expected to reach $1.5 trillion this year, driven mostly by memory chips. Source：MarketWatch
New York town weighs crypto mining and AI data center ban
One of the first towns in the US to ban Bitcoin mining for 18 months is considering another temporary moratorium extending to data centers and other crypto…
Refining bottlenecks are emerging as the next big oil problem as Middle East skirmishes flare up
American drivers just paid the highest Labor Day gasoline prices ever. Dwindling global refinery capacity is threatening to push prices higher.…
Bybit launches 24/7 perpetuals for major currency pairs
Bybit added USDTsettled perpetuals tracking EUR/USD, GBP/USD and USD/JPY, with 24/7 trading and leverage of up to 100x. Source：Cointelegraph
Is IBM’s selloff an opportunity? Here’s one case for the beaten-down stock.
An Evercore ISI analyst thinks investors are getting exposure to IBM’s various quantumcomputing initiatives essentially for free. Source：MarketWatch
Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
Robinhood will route event contracts through OG.com’s CFTCregulated infrastructure as it expands its prediction markets business. Source：Cointelegraph
I did everything ‘right’ with my health insurance — and still got a surprise bill. Here’s what I learned.
It’s hard even for a healthcare insider to navigate the system, let alone appeal a denial with amorphous reasoning behind it. Source：MarketWatch
Visa brings onchain credit to its growing stablecoin card business
Visa is combining VisaNet settlement data with blockchain lending as stablecoin payment volume on its network jumps nearly 200% year over year.…
Bitcoin faces key support test at $78.3K as US crude oil hits three-month high
Bitcoin fell with US stocks on the opening of Tuesday’s Wall Street trading session as analysis warns that BTC price support at $78,300 must hold.…