Prediction markets terminal Fireplace is shutting down less than seven months after launch. The company raised $1.5 million in February and is giving users until September 30 to close positions and withdraw funds. Fireplace, the prediction markets trading terminal that raised $1.5 million in February, told users on August 10 that it is shutting…
I’m just another girl who dreams of owning her own L.L.Bean Boat and Tote, and I know I’m not alone. But the favored beach bag isn’t the only thing L.L.Bean is beloved for, both on the WIRED team and off of it. I’ve slept on its famed flannel bed sheets for our Best Flannel Sheets…
XRP prices surged to $3.04 the previous day, but subsequently retreated to $2.94, encountering short-term resistance. The recent surge was primarily driven by rising expectations for an ETF and active institutional investors in the derivatives market. XRP futures contracts listed on the Chicago Mercantile Exchange (CME) have reached 386 million XRP, a 74% increase from…
Ethereum’s updated roadmap adds native rollups, stronger privacy, and post-quantum scaling as advances in cryptography and AI reshape the network’s long-term technical priorities, according to co-founder Vitalik Buterin. Summary Quantum security has moved higher in Ethereum’s priorities compared with its 2023 roadmap. New areas include native rollups, stronger privacy, and blob and gas futures. Ethereum…
A parallel channel, TD Sequential buy signal, and MACD golden cross are creating a potentially bullish setup for SOL near $78. Solana is currently trading above $76, following a recovery of more than 6% over the past week, along with the rest of the top crypto market. With several bullish signals now aligning, one…
OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce. The deal, reported by Bloomberg, valued OpenAI at $852 billion, the same as its most recent fundraising round in March, which added $122 billion to the…
Key Takeaways TD Cowen puts the CLARITY Act’s odds of enactment at just 25%. Ethics and anti-money laundering disputes could derail Senate action. Three failure scenarios could stop the bill without final passage. Why TD Cowen Sees the Bill Failing This Fall The crypto industry’s market-structure push is now a long shot, according to an…
The analyst believes February’s low near $60,000 remains BTC’s key macro floor despite another possible dip ahead. Crypto analyst Sykodelic said Bitcoin is building toward explosive moves well ahead of the Q4 low that many traders expect, as the market sits in an unusually quiet stretch that has left participants bored. The trader has…
Grayscale Investments has withdrawn registration statements for three proposed spot crypto exchange-traded funds (ETFs) tied to Cardano’s ADA, Hedera’s HBAR and Polkadot’s DOT, according to filings submitted to the U.S. Securities and Exchange Commission (SEC) on Aug. 7. The withdrawals cover the proposed Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF and Grayscale Polkadot Trust…
AI data centers are consuming electricity at a blistering pace, but US grid data does not show AI simply exhausting the country’s power supply. The more immediate problem is local. New data centers can arrive faster than power plants, transmission lines, and grid connections, creating capacity bottlenecks in individual regions even when national electricity generation…
