Binance rolls out institutional custody that keeps massive trades off exchange wallets. Apple hits OpenAI with a lawsuit as Musk and Altman's feud goes nuclear. Plus Lorde roasts Ray-Ban's Meta glasses at their own festival.
Trump's crypto ventures pulled in returns that dwarf most VC funds while MicroStrategy quietly opens the door to sell over a billion in Bitcoin. Plus a troubling new study shows daily AI users are three times more likely to believe vaccine misinformation.
The same infrastructure that was supposed to legitimize crypto is now draining it dry. Spot ETH ETFs saw $345M in outflows, swamping Bitmine's institutional buy program and pushing Ether toward the $1,500 threshold
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The question isn't whether people lost money on leverage—it's whether someone else should pay for it. Binance and Changpeng Zhao are being sued by 1,700 UK investors for approximately $200 million (£150M) in losses from crypto derivatives trading
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The most important cloud provider in AI just switched from renting servers to metering thoughts. Amazon moved Anthropic model billing from infrastructure-based pricing to per-token payments, marking a shift from selling compute to selling cognitive output
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The sitting president just filed paperwork showing he made more from crypto in one year than most venture funds return to LPs in a decade.
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Everyone's watching the wrong race — while Silicon Valley burns billions building bigger models, the real money is in making those models useful inside actual companies.
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The researchers who taught AI to bluff are now teaching it to beat the market, and Wall Street is writing half-billion-dollar checks. EquiLibre Technologies, founded by three ex-DeepMind researchers in Prague, hit a $500 million+ valuation building AI for quantitative hedge funds
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The companies investing hardest in AI aren't replacing workers—they're hiring faster than everyone else. Companies making the biggest AI investments grew headcount by 10% and entry-level hiring by 12%, according to new Ramp data
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The crypto regulatory fight just moved from "if" to "how fast can we print it." Republican senators driving crypto regulation legislation plan to release an updated bill draft addressing ethics concerns that have stalled progress
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The crypto miners who spent years figuring out how to buy power cheap are now the only ones who know how to sell it back expensive. Bitcoin miners are pivoting infrastructure to AI compute, leveraging their grid management expertise and converting mining sites into data centers
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The pick-and-shovel play for tokenized finance just got a ticker symbol. Securitize goes public Thursday via SPAC merger, becoming one of the first pure-play tokenization companies on the NYSE This isn't about another crypto exchange—it's infrastructure for putting real-world assets on-chain
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The tools we're building to make knowledge more accessible might be making us easier to mislead. A KFF poll of 2,480 US adults found frequent AI chatbot users are more likely to believe vaccine misinformation, including debunked claims like vaccines causing autism
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The two engines that powered Bitcoin's institutional legitimacy are sputtering at the same time, and nobody has a backup plan. Bitcoin ETFs are bleeding money at record pace while Michael Saylor's Strategy overhauls its financing model, giving itself new powers to sell Bitcoin and preserve liquidity
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The ultimate Bitcoin bull just gave himself an exit door—but not the one you think. Strategy (formerly MicroStrategy) announced major changes to its Bitcoin financing model, including authority to sell up to $1.25 billion in BTC, buy back securities, and preserve liquidity
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Institutions finally get to trade like hedge funds without trusting exchanges with the keys.
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The institutions who were supposed to legitimize crypto are now leading the stampede to the exit. US spot Bitcoin ETFs lost $4.5 billion in June, the worst month since launch, pushing 2026 outflows to $5.5 billion total
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Anthropic just made its best agent-building tech affordable right before going public, which means either they're confident enough to commoditize their moat or desperate enough to juice adoption numbers for Wall Street.
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The middle child of Anthropic's model lineup just got ambitious enough to make you question why you're paying premium for Opus. Anthropic launched Claude Sonnet 5, closing the performance gap with its flagship Opus 4.8 while undercutting it on price
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When the biggest retail IPO allocation in Korean history evaporates on a misread email, you're watching the future of capital markets collide with the past.
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FIFA swapped sponsors mid-tournament for cash, the EU's crypto crackdown just erased half the market overnight, and China's new AI superpower makes America's chip restrictions look pointless. Travis Wright breaks down the power moves reshaping money and technology.