OpenAI Acquires Astral Startup in AI Race
OpenAI disclosed plans to acquire Astral, aiming to enhance Codex for agent-driven software development. The deal is pending closure. #Update #Tech
Crypto News
General category for all types of news related to the cryptocurrency world.
Yuan Surges as China Sheds US Treasuries
Renmin University advises China to reduce U.S. Treasury holdings as yuan internationalization grows, suggesting “moderately ample” foreign reserves. #Update #Finance
AI Job Losses Demand Urgent Government Action
Jamie Dimon, CEO of @JPMorgan, highlights AI’s potential benefits and job loss concerns, urging retraining and government action. #Update #AI
Crypto Scammers Steal $840K from Retiree
A 66-year-old Hong Kong retiree lost $840,000 to scammers posing as crypto experts via WhatsApp, highlighting the rise in cryptocurrency fraud targeting investors. #Update #Crypto
Prediction Markets Face Trading Ban Risk
Prediction markets like @Polymarket face risks of manipulation as single traders can influence outcomes, undermining credibility and trust. Platforms must exclude contracts easily forced by individuals to maintain integrity. #Update #Crypto
Yuan Payments Surge Amid Hormuz Control
Iran tightens control over the Strait of Hormuz, allowing yuan-based oil payments amid geopolitical tensions. Markets react as President Trump issues warnings. #Update #Geopolitics
Tesla Launches Terafab AI Chip Megafactory
Elon Musk announces Terafab, a new mega-factory in Austin by @Tesla and @SpaceX for AI chips, aiming to meet rising computational demands in AI and robotics. #Update #Crypto $BTC
Kalshi Banned from Operating in Nevada
A Nevada state judge has temporarily blocked @Kalshi from operating its sports, election, and entertainment event contracts in the state for 14 days. #Update #Legal
AI Clears 40% Court Backlogs in LA
Los Angeles Superior Court tests @LearnedHandAI to assist judges with AI summarizing filings and drafting rulings, aiming to reduce administrative burdens without replacing judicial discretion. #Update #Legal
Prediction Market Myriad Secures Milestone Seed Round
Prediction market @MyriadMarkets, owned by Dastan, closes seed round with investors like MoonPay and Tom Lee, aiming for product development and expansion. #Update #Crypto
Bitcoin Adoption Surges 72 Percent Commitment
Financial institutions prioritize security certifications for tokenization partners, with 97% requiring ISO and SOC II standards, highlighting trust’s role in institutional crypto finance. #Update #Crypto
MLB Launches Exclusive Polymarket Deal
MLB partners with @Polymarket as its exclusive prediction market partner and signs an MOU with the CFTC to enhance market integrity. #Update #Legal
Elon Musk Launches Terafab for Space AI
Elon Musk unveils Terafab, a hyper-scale chip factory by @Tesla, @SpaceX, and xAI to produce one terawatt of AI compute annually for space infrastructure. #Update #Tech
Crypto Mogul Backs Trump’s Iran Strikes
Former FTX CEO Sam Bankman-Fried praises Donald Trump’s Iran strikes, potentially seeking a pardon while FTX Recovery Trust plans to distribute $2.2B to creditors. #Update #Crypto $FTT