Binance takes $100M stake in Circle under expanded USDC deal
Circle sold Binance $100 million in stock and agreed to pay monthly incentives under an expanded fiveyear partnership promoting USDC. Source:Cointelegraph
Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships…
Anthropic tabs Accenture as embedded evaluator to help with AI slowdown proposal
The partnership is nonexclusive, and Anthropic expects to announce other evaluators in forthcoming weeks with which it will also work. Source:Cointelegraph
I just started dating someone I really like, but he’s moving to Mexico for six months. Should I spend the money to visit him?
“Traveling is something we both want in a partnership.” Source:MarketWatch
Two signs investors don’t have to fear an AI slowdown
Neocloud companies CoreWeave and Nebius are signaling strong demand and rising prices for AI chips. Source:MarketWatch
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled…
The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77yearold Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her…
Micron, Intel and other chip stocks are furthering their strong comebacks
Investor fears about an AI spending slowdown and the impact of interestrate hikes are subsiding. Source:MarketWatch
What happens if you never buy a house? What renters are gaining — and giving up
The high cost of buying a home means that many 20 and 30somethings are reevaluating traditional personalfinance advice that assumed homeownership to build…
Like Costco, Walmart will sell Medicare Advantage plans
Walmart will sell Medicare Advantage plans as part of a new partnership with a nonprofit health insurer. Source:MarketWatch
Intel’s stock rises as investors hope memory chips can mark the next step in its turnaround
A report says Intel is in early talks with SK Hynix, which is considering some sort of partnership that would enable it to make memory chips in the U.S.…
Oracle’s stock falls for the fifth day in a row — missing out on the AI bounce
Chip stocks linked to OpenAI rebounded a bit on Tuesday, but Oracle shares extended their losses. Source:MarketWatch