Key Takeaways The SEC votes Aug. 14 on new crypto fundraising rules for startups and other issuers. The Senate’s Clarity Act faces a 60-vote cloture test on Sept. 15 after stalling in August. CFTC Chair Michael Selig says the agency will write crypto rules regardless of Congress. According to a report from Bloomberg, the vote…
For a while it seemed like the diarrhea-inducing parasite cyclospora was everywhere. Confirmed and suspected cases number more than 22,000 across 15 states, with 517 people requiring hospitalization. Two people in Michigan died. But now, with signs that the outbreak is slowing down, experts say lettuce is probably safe to eat again. The reason? Most…
Coinbase has secured Abu Dhabi regulatory approval to arrange investment deals and provide custody as it prepares an international hub for tokenized securities and onchain capital markets. Summary Coinbase has received Financial Services Permission from Abu Dhabi Global Market’s financial regulator. The authorization covers arranging investment deals and providing custody for tokenized securities. Eligible token…
Phia, the shopping startup co-founded by Phoebe Gates and Sophia Kianni, is once again under fire for its alleged business practices. The latest issue stems from earlier this year when Bloomberg published an investigation that mapped out how Phia was taking credit and commission for affiliate purchases it did not help to generate, known as…
Key Takeaways Empery sold 1,635 BTC for $102.2M, cutting holdings to 1,279 BTC and shrinking liquidity. Empery’s 954 BTC pledge against $35M debt highlights growing crypto-treasury collateral risk. Empery may face a $62.1M EMHU call, with only 325 BTC unrestricted for future liquidity needs. Empery Cuts Bitcoin Holdings to 1,279 BTC Empery Digital is drawing…
TL;DR: Get a 1-year Autodesk AutoCAD LT subscription for $199 (MSRP: $540) with professional 2D drafting, native DWG support, AutoLISP automation, Smart Blocks, and cross-platform access. For professionals who primarily work in 2D, paying for a full 3D CAD environment can mean buying capabilities they rarely touch. Autodesk AutoCAD LT is available for $199 for…
Brazil’s largest bank by market value has joined a pilot involving more than 50 financial organizations to test the issuance, trading, and settlement of tokenized fixed-income securities and investment funds. Summary More than 50 financial organizations are participating in ANBIMA’s tokenization pilot. Itaú and OpenAssets will test the full lifecycle of tokenized bonds and funds….
Google returns to New York on Wednesday, Aug. 12, for its annual Made by Google hardware event, and this year the show arrives with an unusually thin veil of secrecy. Between official teasers and a steady drip of leaks, most of the headline details about the Pixel 11 lineup are already circulating — leaving the…
Key Takeaways Nvidia and six financial firms target more than $500 billion for AI. Financial partners, not Nvidia, decide which projects receive funding. Nvidia may provide residual-value support for up to 25% of a deal. Wall Street Capital Moves Into Nvidia AI Infrastructure More than $500 billion of third-party capital could support AI infrastructure through…
In addition to a historic total solar eclipse, August also features one of the most spectacular meteor showers of the year. On the night of August 12 and into the early morning of August 13, astronomy enthusiasts in the northern hemisphere and parts of the southern hemisphere will be able to admire the Perseids during…
