Nexo launches regulated crypto-backed credit in Australia
Nexo introduced regulated, cryptocurrencybacked credit lines that allow users to access liquidity in Australian dollars or stablecoins by borrowing against…
TikTok code includes peer-to-peer payments over messaging: Bloomberg
The feature, which follows earlier moves into financial transactions, is not yet being tested anywhere, a spokesperson said. Source:CoinDesk
Ripple raises $275 million in senior notes for prime brokerage push
Ripple Prime's inaugural senior notes carried an investment grade rating and drew institutional investors across key financial markets. Source:CoinDesk
I’m my mother-in-law’s power of attorney, executor and trustee. Do I hold all the power?
“There is a lot of legal and financial power in my hands.” Source:MarketWatch
OpenAI trails Anthropic as losses deepen and Altman pauses frontier AI training
Widening losses and intensifying competition coincide with a pause in frontier reinforcementlearning training as openai strengthens its safety controls.…
Live updates: Bitcoin remains above $64,000 as oil rises and the Kospi tumbles 6%
U.S. Treasury yields retreat from the highest levels in decades, while bitcoin holds above $64,000. Source:CoinDesk
The palatial Beverly Hills home that Paris Hilton rented is back on the market for a whopping $169,000 a month
The mansion that heiress Paris Hilton and her husband, Carter Reum, rented before buying their own $63 million estate nearby has returned to the market with a…
My male co-workers with kids expect me to pick up their slack because I don’t have children. Do I push back?
“They are always telling me how much harder their life is because they have kids.” Source:MarketWatch
Bitcoin ETFs add $189M as August net inflows approach $1B
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million. Source:Cointelegraph
Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million
A chain of six flaws caused the crosschain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker…
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondarymarket liquidity alone would not be enough, with holders needing direct issuer redemption rights and onetoone liquid reserves.…
Cerebras’s stock has been a post-IPO bust. Its comeback hinges on this new chip.
Cerebras is betting that its specialized chips will outpace traditional graphics processing units as AI agents become more widespread. Source:MarketWatch