Live updates: Zcash jumps 17% as $345 million of liquidations hit crypto traders
Short sellers took the bulk of the damage, with zcash alone accounting for $56 million of forced closures. Source:CoinDesk
Revolut says no direct contact after $3 million public ransom demand
Revolut says it received no direct contact despite separate ransom demands for $3 million in Monero and 10,000 Bitcoin from competing breach claimants.…
Why stocks can still advance after a Fed hike, according to a Wall Street strategist
The investment bank found that stocks in the energy and information technology sectors on average perform the best one year after an interestrate hike by the…
Polymarket users referred to prosecutors in South Korea: Report
South Korean police reportedly referred 18 Polymarket users to prosecutors in a gambling probe involving 26 people and $12.7 million in bets.…
‘I’m burned out’: I’m constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?
“I spend a lot of time away from my family and spend money on gas, taking him out to eat.” Source:MarketWatch
Bitcoin treasuries buy just 5.9K BTC in three months as paper losses linger
Bitcoin corporate treasuries remained at an unrealized loss on their holdings as the price fell below $80,000 and fresh capital inflows dwindled.…
Ripple adds XRP payments to Stripe and Tempo’s AI standard in new developer kit
The update expands support for automated payments in XRP and RLUSD, with tools that let agents pay repeatedly for services and manage wallets across…
Tom Lee says the ‘face-ripping’ rally he predicted is merely delayed
Tom Lee, head of research at Fundstrat, put a characteristically positive spin on the Federal Reserve’s interestrate decision. Source:MarketWatch
U.S. diesel prices hit record high as bitcoin and gold struggle
Record diesel prices could feed through to consumer price inflation, confirming more Fed rate hikes. The central bank appears determined to raise rates into a…
‘You are freed.’ What happened when an OpenAI model began secretly writing notes to itself.
OpenAI has introduced a framework for reporting on worrying behaviors by its AI models. In one instance, one training model told its future self that it was…
BitMEX faces Celsius lawsuit ahead of exchange closure
The Celsius estate alleges BitMEX wrongfully liquidated and seized 6,360 BTC, worth nearly $490 million, during the March 2020 market crash.…
OpenAI discloses 6 new cases of ‘misaligned’ AI behavior
The six cases are separate from July’s incident, when OpenAI models escaped containment and hacked Hugging Face during a security evaluation.…