Firefighters in France are confronting a phenomenon never seen in the region before: fire clouds. It’s a sign of the intensity of the blazes burning—and how climate change is upping the odds that they appear. A wave of fires has swept over France and Spain, sending hundreds of thousands fleeing. Firefighters on the frontlines are…
Key Takeaways A trader asked Kalshi to delay settlement while suspected manipulation was investigated. Kalshi settled the $3.32M market minutes after its enforcement chief responded. Open interest in the winning bracket rose from $2K to over $70K before the surge. Kalshi Settled a $3.3M Spotify Market Minutes After a Fraud Warning Kalshi was warned that…
X Money has begun rolling out to Premium and Premium+ subscribers in the United States, adding deposit accounts, instant transfers, and a Visa debit card directly to the social media platform. Summary X Money offers annual yields of up to 6% and free transfers between users. Eligible X Card purchases can earn 3% cashback, with…
Anthropic founder and CEO Dario Amodei responded on Monday afternoon to murmuring in the industry that his company somehow supports efforts by the U.S. government to ban open-weight Chinese models, or possibly open-weight models generally. “Anyone who has read my past writing should know that I don’t regard such bans as a useful measure, but…
No matter how many years of experience you have in your current role or wider industry, it’s never a bad idea to stay on top of emerging trends and any new skills that go along with them. For discovering additional capabilities or enhancing your current proficiencies, online courses are a convenient option. Even better? A…
Key Takeaways Payward agreed to buy Magic’s wallet unit, adding technology behind 60M+ wallets to Kraken’s stack. Magic’s $10B volume and 200,000 developers could deepen Payward’s enterprise crypto reach. Payward will integrate Magic’s 60M-wallet tech as Newton Labs shifts to Newton Protocol. Newton Labs Sells Magic Wallet Business to Focus Fully on Onchain Authorization Payward,…
Cantor Fitzgerald is advising Swiss digital asset lender AMINA Bank on a possible public listing as the Wall Street firm expands its role in crypto capital markets. Summary AMINA Bank is considering a public listing, although its valuation and preferred exchange remain undisclosed. Cantor’s mandate follows its onchain IPO partnership with Securitize, announced earlier in…
Elon Musk has just taken one more step towards turning X into “the everything app.” On Monday, Musk’s social media platform X announced the launch of a new service on the platform called X Money. This Tweet is currently unavailable. It might be loading or has been removed. What is X Money? The new service…
“The next cycle will be dominated by licensed exchanges and institutional capital,” one analyst predicted. The cryptocurrency market has been stuck in a prolonged bear market for several months, while in the last few days, some well-known exchanges announced they will shut down operations. This sounds like concerning news that could trigger additional panic…
Spain declared a national emergency in the community of Madrid and the province of Ávila due to the spread of intense wildfires. With fires still burning out of control, this year is shaping up to be one of the most devastating wildfire seasons on record for the region. “We are facing a dramatic situation, not…
