TikTok developer ByteDance arranges $29.6 billion loan as it builds AI ambitions
ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the AI race.…
Fed, BOE, BOJ interest-rate decisions: Crypto Week Ahead
Your look at what's coming in the week starting Sept. 14. Source:CoinDesk
Bitcoin bucks tech selloff as AI safety concerns weigh on stocks
Bitcoin rose above $77,000 as calls to slow AI development hit technology shares, while rising oil prices added to market pressure. Source:CoinDesk
Is Clarity dead? A vibes-based analysis: State of Crypto
I dunno, flip a coin. Source:CoinDesk
Quantum-proof blockchain: why math, not machines, holds the key
lockchains don’t need quantum computers to be quantumsafe, argues Optimum cofounder and MIT professor Muriel Médard. Classic math already gives us the tools.…
Fed rate hike is about Wall Street, not inflation, says economist
Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. Source:CoinDesk
Circle's $400M Tazapay deal buys emerging market links that take ‘years to build’
Stablecoins' “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC's reach where rival Tether has long been strong.…
Crypto's Clarity Act is a Schrödinger's cat in life-death limbo as U.S. Senate returns
The crypto industry eagerly awaits a September 15 vote, though it might not happen. Or maybe it will. Or it might get delayed or reappear in some other form.…
OpenAI IPO won't happen this year, says Sam Altman
"Given everything happening with safety, right now would be an illadvised moment to go public," OpenAI CEO Sam Altman told Fortune. Source:CoinDesk
Bitcoin Suisse plans to cut up to half its Swiss jobs as it shifts work abroad
The company is closing its Copenhagen IT site while maintaining Bratislava and opening a new hub in Vietnam to reduce costs. Source:CoinDesk
Nigel Farage’s Reform UK lands $97 million donations from two crypto billionaires in 24 hours
The combined haul equals the largest individual political donations in U.K. history, sharply scaling up crypto industry backing. Source:CoinDesk
Anthropic CEO calls for AI race to slow down. Musk and OpenAI's Altman agrees
Anthropic’s Dario Amodei, OpenAI’s Sam Altman and Elon Musk have agreed on an unusual position: frontier AI development may need to slow as systems become…