Senators say they’ve reached compromise on yield to advance crypto market bill
This post was originally published on this site. The two U.S. senators negotiating a controversial provision in the crypto industry’s market structure bill — Republican Thom Tillis and Democrat Angela…
OpenAI Plans to Merge ChatGPT, Codex and Atlas Into One ‘Superapp’: WSJ
This post was originally published on this site. In brief OpenAI is reportedly consolidating fragmented products into a single “superapp” to regain focus and execution speed. Pressure from rival Anthropic…
Kalshi gets temporary Nevada ban in dispute over sports betting
This post was originally published on this site. Kalshi is now under a two-week restraining order barring bets in Nevada while a legal debate proceeds over the longer-term status of…
Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports
This post was originally published on this site. In brief Kalshi has raised $1 billion in a new funding round led by Coatue Management, valuing the prediction market at $22…
White House AI Proposal Seeks to Override State Laws, Avoid New Regulator
This post was originally published on this site. In brief The White House proposed federal AI standards while preserving key state enforcement powers. The framework aims to avoid creating a…
Eightco Boosts OpenAI Investment After BitMine’s Tom Lee Joins Board
This post was originally published on this site. In brief Eightco invested another $40 million in ChatGPT firm, OpenAI. The company now has $90 million in total investment into OpenAI,…
Gemini Faces Class-Action Suit Over Prediction Market Pivot, Plummeting Stock Price
This post was originally published on this site. In brief Gemini is being sued by shareholders for allegedly misleading investors and hiding its pivot to prediction markets. Founders Tyler and…
What Happens to Bitcoin if Bank of America’s ‘Three Conditions’ for Fed Rate Hikes Hit?
This post was originally published on this site. In brief While Bank of America economists still view rate cuts as the most likely path, they outlined how surging energy costs…
Altcoin Volume Slumps 80% Amid ‘Tighter’ Monetary Conditions
This post was originally published on this site. In brief Altcoin volumes on Binance have dropped from roughly $40 billion to $7.7 billion over the past four months. Experts say…
Morning Minute: The SEC & CFTC Declare ‘Most Crypto Assets’ Are Not Securities
This post was originally published on this site. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily…