DeFi Protocol With $300M in Deposits Closes With $2M Left, Zero Payouts
A DeFi protocol that held $300 million in deposits 20 months ago is shutting down with $2 million left in the tank — and no one is getting their money back.
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Sam Altman Claims Heavy AI Users Are Hiring More Workers
The CEO whose company everyone says will automate jobs is now saying the companies actually using his tools are hiring, not firing. Sam Altman claims companies adopting AI most aggressively are hiring more, not less, while firms citing AI for layoffs are laggards in adoption
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Strategy Dumped Bitcoin Days Before Anyone Knew and $80M in Bets Hung in the Balance
The bet wasn't whether Michael Saylor would blink—it was whether the market would know in time. Strategy sold Bitcoin in late May but disclosed it June 1, creating a $79-80 million Polymarket dispute over whether a sale counts when it happens or when it's announced
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Circle Freezes $12.6M in Privacy Coin Contract, Trapping Innocent Users
The promise of "confidential crypto" just collided with the reality that stablecoins still have a kill switch, and innocent depositors are learning that privacy-preserving tech can trap them just as easily as it protects them.
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Chinese Military Labs Bought Nvidia's Banned AI Chips Anyway
The export controls were supposed to be a wall; they're turning out to be a speed bump with a purchase order form.
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Nvidia Declares War on Intel's $200B CPU Empire With AI Agent PCs
The GPU king just declared war on Intel's CPU throne, and your laptop is about to get a lot smarter than you. Nvidia is launching AI agent-capable PCs with Microsoft, Dell, and HP, targeting the $200B CPU market Intel has owned for decades
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Nvidia and Microsoft Team Up to Make Your PC Smarter Than You
The PC isn't dying — it's getting a brain transplant, and Microsoft just signed up to be the surgeon's assistant.
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Chinese Traders Crack PBOC's Secret Yuan Formula With AI—And Beijing Never Saw It Coming
The People's Bank of China's daily yuan fixing has been a black box for decades — now traders are training AI to predict what even the Chinese government won't explain.
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AWS Lands OpenAI's Most Powerful Models in Exclusive Cloud Deal
The cloud wars just got an agent upgrade, and AWS's enterprise customers no longer have to leave their walled garden to build with GPT.
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Mach Industries Hits $1.8B Valuation as Defense Tech Replaces Crypto Hype
Defense tech just became the new crypto — except this time, VCs are betting on machines that kill instead of machines that trade. Mach Industries landed a funding round at a $1.8 billion valuation to scale production of autonomous aircraft and strike systems for the Pentagon
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Vitalik Buterin's New DeFi Design Could Have Prevented Terra's $1.6B Meltdown
The architect of Ethereum just published a blueprint to kill the liquidation cascade, the $1.6 billion problem that turned 2022's Terra collapse into a contagion machine.
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Strategy Breaks Saylor's Never-Sell Rule With Surprise Bitcoin Sale
Michael Saylor's "never sell" religion just got its first asterisk, and the market response tells you everything about narrative vs. reality.
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Anthropic Files for IPO at $965B While OpenAI Still Waits
The foundation model IPO race just got its pole position, and it wasn't OpenAI who took it. Anthropic confidentially filed its S-1 with the SEC after closing a $65 billion funding round at a $965 billion valuation
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BitMine Drops $52M on Ethereum While Strategy Dumps Bitcoin
When Bitcoin's most famous maximalist blinks, the whole market watches — especially when it happens the same week a famous equity bull goes all-in on Ethereum.
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Japan's Ruling Party Just Greenlit Crypto ETFs and Yen Stablecoins
The world's third-largest economy just signaled it wants in on tokenized finance, and it's doing it the Japanese way: methodically, through proper channels, with a plan.
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Anthropic Beats OpenAI to IPO Despite Half the Revenue
The AI company that wrapped itself in safety rhetoric just won the race to Wall Street, proving that brand differentiation matters more than who ships faster.
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Anthropic's S-1 Filing Exposes AI's $60B Valuation Reckoning
The frontier model makers are about to become Wall Street's problem. Anthropic filed a confidential S-1 with the SEC on Monday, joining rival OpenAI in a sprint toward blockbuster public listings expected as soon as this fall.
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Florida Names OpenAI CEO in First State Lawsuit Over AI-Linked Shooting
The first state lawsuit against an AI company for real-world harm just landed, and it's naming the CEO personally. Florida filed the first state-level lawsuit against OpenAI and Sam Altman, linking their chatbot to safety concerns from a 2025 shooting incident
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Binance Bypasses Wall Street With Tokenized US Stocks for Global Users
The world's largest crypto exchange just built an on-ramp to 7,000 US equities for everyone outside America, then announced it's tokenizing the whole thing on-chain.
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Nvidia's New CPU Threatens Intel's Last Safe Market
Nvidia just handed you the blueprint for who builds the infrastructure of Web4, and it's not who you think. Nvidia launched the Vera Rubin AI platform and Vera CPU, marking its first serious push into custom silicon beyond GPUs for AI workloads.
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