Treasury Secretary Scott Bessent confirmed on April 29 that the United States has seized almost $500 million in Iranian crypto assets under Operation Economic Fury, including a $344 million Tether freeze on two Tron addresses, while saying Iran’s currency has fallen 60 to 70% against the dollar and the country is in the middle of…
In this episode of Uncanny Valley, we get into how the Elon Musk-Sam Altman trial goes way beyond their rivalry and could have major implications both for OpenAI and also the AI industry at large. Source link
Key Takeaways: Sen. Jeff Merkley led Democrats asking the CFTC to ban event contracts in 5 categories, including sports. Merkley filed the letter on April 30, the final day of the CFTC’s 45-day rulemaking input period. Sports drove 87% of Kalshi’s $39.7 billion in event-contract volume in the year ending February. Lawmakers Want the CFTC…
## Market Snapshot The “Crude Oil Price Predictions by June” market currently reflects a 100% YES pricing for oil hitting $90 by the end of June. This remains unchanged despite recent geopolitical developments and Strategic Petroleum Reserve (SPR) releases. ## Key Takeaways – Observable market behavior suggests confidence in oil prices reaching $90 by June,…
Nvidia has laid a new brick in its AI empire. NVentures, its corporate VC fund, has backed Legora, reportedly its first legal AI investment. Leveraging AI to help lawyers streamline their work, the Swedish-born legal tech startup is competing with U.S. player Harvey. Alongside Atlassian and other new financial investors, NVentures joined Legora’s cap table…
Peter Schiff is back with receipts, and this time the numbers are harder to dismiss. The longtime gold advocate and Bitcoin critic has renewed his attack on the MicroStrategy Bitcoin treasury strategy, noting that MSTR increased its share of the total Bitcoin supply from 2.76% to 3.9% over the past year. That marked a 40% jump…
AWS expanded Amazon Connect into four agentic AI tools for supply chain, hiring, customer service, and healthcare workflows, with humans still in control. The post AWS Expands Amazon Connect Into AI Tools for Hiring, Healthcare, and Supply Chains appeared first on TechRepublic. Source link
Key Takeaways: Carrot ( DeFi Carrot) shut down April 30, 2026, citing the $285 million Drift Protocol exploit as the cause. Users have until May 14, 2026, to withdraw from Boost, Turbo, and CRT before forced deleveraging begins. Drift recovery distributions will be paid proportionally via IOU token, based on a CRT snapshot from April…
The dollar index is heading for its biggest monthly drop since June 2025 as U.S.–Iran ceasefire hopes unwind the war premium, even while oil and Fed bets keep it range‑bound. Summary The dollar index is heading for its steepest monthly drop since June 2025 as traders unwind safe‑haven positions following a U.S.–Iran ceasefire agreement. Jinshi…
Artificial intelligence that can “reason” is now capable of diagnosing real-life medical scenarios as well as or better than physicians, according to the results of a study published Thursday in Science. The researchers used previously unknown clinical cases to test OpenAI‘s reasoning model o1 against the company’s older model, GPT-4, as well as physicians and…
