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The Federal Reserve has formed a new AI task force, appointing a16z co-founder Marc Andreessen to study AI's impact on economic growth, productivity, and employment. This move signals the Fed's proactive approach to integrating tech insights into monetary and economic policy.
Read MoreOn July 12, Iran's Revolutionary Guards fired warning shots at a vessel in the Strait of Hormuz and temporarily closed the strategic waterway. Iran blamed foreign interference for the unsafe situation and warned of a strong response to any provocations.
Read MoreBitmine Chairman Tom Lee predicts the merging of traditional and crypto finance into one unified market, driven by tokenization, blockchain settlement, and institutional adoption, signaling a more open digital financial future.
Read MoreOpenAI has taken action after user confusion over high-compute mode settings. They've reset credits for Codex and ChatGPT Work, adjusted defaults to prevent costly misconfigurations, and plan updates to improve visibility of usage limits and clarify each tool's purpose.
Read MoreHong Kong Interbank Clearing Limited warns of multiple fake websites posing as 'buyer protection' services, luring users with cash rewards to submit personal ID data for 'real-name verification' via virtual wallets. The public is urged to stay vigilant against suspicious communications and report scams to police.
Read MoreThe total market value of public companies holding Bitcoin has plummeted by over $100 billion since October 2025. Most coins were acquired at high prices between $75k and $125k. With accumulation nearly halted, concerns mount over potential selling pressure from these costly positions.
Read MoreCryptocurrency exchange stablecoin reserves have surged to $93 billion, growing 61% this year. Binance holds $53 billion, commanding 57% market share as liquidity concentrates in top-tier platforms with strong custody and deep markets.
Read MorePublicly traded firm Hyperscale Data has added roughly 100 more BTC to its treasury, pushing its total Bitcoin holdings past the 1,000 mark. Management plans to use Bitcoin as potential collateral for financing, diversifying its balance sheet alongside cash and other strategic assets.
Read MoreBitcoin's nearly 10% July gain, its best in four years, is shadowed by analysts' warnings of striking similarities to the 2022 bear market setup. Historical patterns and weakening liquidity suggest a potential downturn could begin after the summer rally.
Read MoreThe Bitcoin Policy Institute has moved to intervene in the high-profile "abandoned bitcoin" lawsuit seeking Satoshi's coins. BPI argues that if the plaintiff's theory of "abandonment by inactivity" succeeds, it could set a dangerous precedent threatening the property rights of all long-term self-custody Bitcoin holders, and is seeking to have the case dismissed.
Read MoreThe Ethereum Foundation security team used AI agents to test validator node software, uncovering a remote-triggerable vulnerability in the gossipsub protocol that could crash nodes. Researchers emphasized that human review remains crucial to distinguish real threats from AI “hallucinations” among voluminous automated reports. The vulnerability has been patched.
Read MoreBitmine's Tom Lee highlights that while war worries investors, historical data shows the U.S. economy often proves more resilient than expected, achieving V-shaped recoveries. Rising defense spending is now a key growth driver, alongside AI investment, fueling reindustrialization.
Read MoreJPMorgan is testing AI agents that autonomously adjust stock-bond allocations. In 20-year backtests, the top model outperformed the classic 60/40 portfolio by 0.7% annually with lower volatility. While all eight tested agents showed better risk-adjusted returns, the bank cautioned results are simulated and widespread AI adoption could lead to strategy crowding and amplified market swings.
Read MoreAnalyst leaks suggest NVIDIA's next-gen Rubin AI chip architecture may face another delay. The unconfirmed rumor, sourced from an expert call, has heightened market anxiety about the chip's development timeline, with no official response from NVIDIA yet.
Read MoreIran is actively seeking a new bilateral agreement with neighboring Oman regarding the management and navigational security of the Strait of Hormuz. This move aims to address regional tensions and ensure stability in this critical global energy transit corridor, potentially reshaping its geopolitical landscape.
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