AI coding startup Cursor is now officially a part of SpaceX, according to an announcement on the Cursor blog. Elon Musk’s SpaceX — which also acquired Musk’s xAI earlier this year — announced a deal in April for the companies to develop technology together; the deal also gave SpaceX the option to acquire Cursor for…
World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would oversee more than $4 billion in USD1 stablecoin circulation. Summary World Liberty Trust must meet the OCC’s conditions before it can begin operations. The proposed bank would issue USD1, manage its reserves, and serve institutional custody clients. WLTC must…
The White House is preparing to bring powerful open AI models into its secretive safety-review framework. The administration’s current framework applies to closed models from leading AI companies, including OpenAI and Anthropic. But White House officials are now expected to expand it to open models once they reach frontier-level capabilities, according to WIRED. A White…
Key Takeaways Binance restrictions cover 16 platforms across three effective dates. Attempted transfers may trigger reviews and wallet restrictions. U.S. and U.K. sanctions target Iranian and Russian crypto networks. Binance Sets Three Deadlines for Transaction Restrictions Transactions involving 16 crypto-asset service providers will no longer be processed through Binance under restrictions announced Aug. 14. The…
Despite the massive price slump, analysts are still hopeful DOGE is approaching an important turning point. The meme coin mania is long gone and perhaps forgotten, as evidenced by the substantial decline in the price of its leader. DOGE recently slumped below $0.07 for the first time in almost three years, a level that…
Content warning: suicide, self-harm. By no means a light watch but an important and timely one, Mission sees a young man struggling to feel connected to society, contemplating dying by suicide but giving himself one week to convince himself to stay alive. Written and directedy with disorientating flair by Scottish director Paul Wright (Arcadia), this…
Bithumb has reported a 21.8 billion won, or about $15.7 million, net loss for the second quarter of 2026 as revenue fell 35.8% from a year earlier. Summary Bithumb’s second-quarter revenue fell 35.8% to 86.3 billion won. The exchange swung from a 22 billion won profit to a 21.8 billion won loss. First-half revenue dropped…
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Key Takeaways Galaxy cut the CLARITY Act’s passage odds to 10% from 75%. A Senate cloture motion on the bill ripens at 2:15 p.m. Sept. 15. The SEC canceled a meeting on potential crypto offering rules. Why Galaxy Sees a One-in-Ten Chance for the Crypto Bill Odds that the CLARITY Act passes this year have…
Gen Z traders are putting more money into ETFs on Binance, with such funds accounting for 25% of their equity trading volume in early August, up from 14.6% in June. Exchange-traded funds (ETFs) took 25.0% of Gen Z equity trading volume on Binance in the first days of August, up from 14.6% in June….
