Sam Altman once called ads a ‘last resort.’ Now OpenAI is on track for $1 billion in revenue from them.
The company is making it easier for businesses across the world to take out ads on ChatGPT. Source:MarketWatch
Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
The issuer of the $4 billion USDe token said it expects realworld asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.…
California Senate passes bill to ban memecoin issuance by public officials
The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “paytoplay…
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA…
Ethena surges as buyback vote, VC unlock overhaul boost token outlook
The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth. Source:CoinDesk
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs. Source:CoinDesk
‘It’s the ultimate regifting’: My mom gave me a house. Should I transfer it back to her to reduce capital gains?
“The property is very old and requires significant ongoing maintenance.” Source:MarketWatch
Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand. Source:CoinDesk
My father-in-law passed away, leaving a house with tenants. Do I evict them?
“We don’t know whether they have signed leases or are renting month to month.” Source:MarketWatch
Ethena's ENA token surges 48%, but altcoin season will have to wait
ENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season. Source:CoinDesk
GnosisDAO approves Gnosis Chain for Ethereum Economic Zone
Gnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.…
7 things you should always keep in your car
For peace of mind on the road and safety here’s what will keep you prepared for almost any scenario. Source:MarketWatch