Minneapolis Fed president Neel Kashkari has shifted from penciling in one or two 2026 cuts to a data‑dependent stance as the Iran war and higher oil muddy the inflation path. Summary Minneapolis Fed President Neel Kashkari says he had expected inflation to cool enough to justify cutting interest rates once or twice in 2026, but…
See what you missed in Daily Tech Insider from April 27–May 1. The post AI Power Plays, Security Breaches, and Industry Shifts Define the Week in Tech appeared first on TechRepublic. Source link
Key Takeaways: Bitso’s 2025 report reveals that stablecoins like USDC drove nearly 40% of crypto purchases across Latam. Highlighting a shift to stability, USDC and USDT now comprise over 70% of all crypto bought in Argentina. Moving forward, Latam users will keep using stablecoins for payments while holding 52% of funds in BTC. Bitso Report…
## Market Snapshot Iran diplomatic meetings are currently priced at 0.1% YES, unchanged from 24 hours ago, but down from 2% a week ago. Military actions against Iran remain at 0.1% YES, consistent with previous levels. The market for US obtaining Iranian enriched uranium is at 8.5% YES. ## Key Takeaways – The bypassing of…
It’s the day after the Full Moon, and it still looks almost 100% in the sky. With this in mind, be sure to look up and try and catch a glimpse of some features on the surface tonight. What is today’s Moon phase? As of Saturday, May 2, the Moon phase is Waning Gibbous. Tonight,…
Carrot, a Solana-based DeFi yield protocol, announced its permanent shutdown on April 30, 2026, after losing approximately $8 million in total value locked, roughly half its TVL – to the fallout from the April 1 Drift Protocol exploit that drained an estimated $285 million from one of Solana’s largest perpetual futures platforms. Carrot was not…
OpenAI is ready to target free users of its services with advertisements around the web, based on what it knows about them. On Thursday, OpenAI sent an email to users laying out major changes to the AI company’s privacy policy in the US. “We’ll now use cookies to promote OpenAI products and services on other…
Key Takeaways: Authorities detailed a global email fraud scheme using hacked accounts and deceptive payment requests. Losses totaled $215 million, routed through shell companies, banks, and cashier’s checks. Next steps include sentencing decisions based on each defendant’s role and conduct. Global Email Fraud Network Reached Thousands Of Victims The U.S. Department of Justice (DOJ) announced…
Crypto VC funding slid to $659m across 63 April deals, a 74% drop from March that drags monthly flows back to 2024 lows even as DeFi and AI still attract capital. Summary Cointelegraph data show crypto venture funding fell to $659 million across 63 deals in April, down 74% from $2.6 billion and 84 rounds…
Amjad Masad has been building Replit for a decade, but the last 18 months have been something else entirely. The AI coding assistant company went from $2.8 million in revenue in all of 2024 to tracking toward what Masad describes as a billion-dollar annual run rate. At TechCrunch’s sold-out StrictlyVC event in San Francisco on…
