How fashion designer Marc Jacobs renovated a $9 million Frank Lloyd Wright house
Marc Jacobs might be best known for his catwalk creations, but in 2019, he took on the ambitious project of overhauling a $9.17 million Frank Lloyd…
‘The View’ host Joy Behar finally sells Hamptons house for about half the original asking price
“The View” host Joy Behar has officially offloaded her longtime Hamptons home for $5.65 million—more than $5 million below her original asking price.…
Iran eases currency rules to bypass US sanctions with crypto: Report
Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported.…
Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Source:Cointelegraph
Anthropic researcher quits with a warning on AI that echoes 'The Terminator' script
The people building AI earnestly believe that it could kill us all by the end of the decade, Coxon said on X, explaining his resignation. Source:CoinDesk
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.…
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