Former DeepMind researcher joins growing group warning about the risks of superintelligence
In brief Bilal Chughtai says that AI can kill us all after leaving Google DeepMind. She says that AI companies can build superintelligent systems in just a few years. Anthropic and OpenAI leaders have supported calls to slow down AI development. Read the original story Former DeepMind researcher joins growing group warning about the risks of superintelligence written by Kamina Bashir on fi.beincrypto.com
The Pentagonâs $33.4 billion Iran war estimate does not take into account the oil shock
Briefly The Pentagon assesses Iran's war estimate at $33.4 billion by June 29. The estimate does not include infrastructure repairs or fuel price shocks. Higher fuel prices have cost U.S. households about $812.77 each since February. Read the original story: The Pentagonâs $33.4 billion Iran war estimate does not take into account the oil shock, written by Kamina Bashir on fi.beincrypto.com
CryptoQuant notes that volume is recovering as a new sign of a break in the bear market downtrend
In brief Krypton spot trading volume reached approximately 75 000 000 000,0000 dollars on 21 August. Perpetual futures volume rose to around 336,0000 billion dollars, the highest daily sum since March. CryptoQuant says the spike was driven by buying, not by previously unseen selling Read the original story CryptoQuant notes that volume is recovering, a new sign of a break in the downtrend of the bear market written by Kamina Bashir on fi.beincrypto.com
AMC's CEO called stock tokens fake shares. now Robinhood responds
Briefly Robinhood says that voting and share buybacks will be made available to its stock tokens. AMC boss Adam Aron called the products contemptible and demanded that trading be stopped. The fix that Robinhood promises could weaken its own legal defense. Read the original story where AMC's CEO called stock tokens fake shares. now Robinhood responds written by Lockridge Okoth on the site fi.beincrypto.com
XRP and XLM rise 8 percent as the CLARITY Act approaches a crucial vote
In brief XRP and XLM rose by more than 8 percent on September 14 ahead of the decisive Senate cloture vote, scheduled for Tuesday. The cloture vote requires 60 votes, which means at least seven Democratic or independent senators must cross party lines. Prediction markets provide a small probability of approval for the CLARITY Act, and Polymarketâs price is currently $0.3000. Read the original story: XRP and XLM rise 8 percent as the CLARITY Act approaches a crucial vote, written by Luis Blanco on fi.beincrypto.com
Semiconductor company stocks fall due to an AI slowdown, but analysts do not believe in a crash
In brief Dario Amodeiâs AI slowdown requirement caused a 5.9% drop in the Philadelphia Semiconductor Index Nvidia, Broadcom, Micron and AMD fell as safety warnings spread across AI stocks Bank of America calms panic, pointing to $3 trillion in AI capex by 2030 Read the original story: Shares of semiconductor companies are falling due to an AI slowdown, but analysts do not believe there will be a crashâby Darryn Pollock on fi.beincrypto.com
Top 3 altcoins in the third week of September: the biggest gainer has the weakest chart
In short By the way, VVV and FIL led altcoin rallies in the third week of September By the way, it rose 43.2 percent but shows RSI divergence and weak breakout volume FIL rose the least, but its 51% volume and market capitalization ratio is the highest Read the original story Top 3 altcoins in the third week of September: the biggest gainer has the weakest chart written by Jakub Dziadkowiec on fi.beincrypto.com
ChatGPT said that Musk's DOGE was DEI for the museum heating subsidy
Briefly Dogecoin team members used ChatGPT to identify NEH grants for DEI purposes, according to legal documents ChatGPT marked $349,000 for a museum ventilation funding as DEI, because it helps visitors From Doge, according to 1,057 NEH grants of 1,163: for DEI, it cut more than $100 million Read the original story ChatGPT told that Musk's DOGE was written as DEI for the museum heating subsidy by Darryn Pollock on fi.beincrypto.com
Balancer proposes shutting down the protocol when the turnaround plan failed to boost revenues
Briefly Balancer proposes shutting down the protocol and returning the treasury to token holders New integrations sparked interest, but no action changed into continuous revenue growth. Holders can burn tokens to obtain a relatively proportional share of the treasury reserves starting from May 2027. Read the original story: Balancer proposes shutting down the protocol when the turnaround plan failed to boost revenues, written by Kamina Bashir on fi.beincrypto.com
10-year yield exceeds 5%: what it means for Bitcoin and stocks
Briefly The 10-year Treasury yield rose to 5 percent on Mondays, matching its highest level in three years. Analysts warn that sustained gains above 5 percent could weigh on stock valuations. Bitcoin is trading near $77,800.00 as rising yields increase its cost of holding. Read the original story: 10-year returns exceed 5%âwhat it means for Bitcoin and stocks, written by Darryn Pollock on fi.beincrypto.com
Fears related to AI safety are driving investors toward the cybersecurity of J&J, Costco, and CrowdStrike...
Briefly Defensive stocks rose on Monday as concerns about AI safety weighed on technology shares. Johnson & Johnson, Eli Lilly, Kimberly-Clark, and Costco rose in rotation. Cybersecurity stocks CrowdStrike and Palo Alto Networks rose 14 percent each. Read the original story "Fears related to AI safety are driving investors to cybersecurity" written by Darryn Pollock on fi.beincrypto.com
Treasury companies amass Ethereum, Solana and Bitcoin in nervous September markets
In brief BitMine, Strive and DFDV added cryptocurrencies last week, while Strategy took a break. BitMine now owns 5.96 million ETH, which is about 4.9% of the total amount. Strategy used 139,000,000 dollars to repurchase STRC preferred shares instead of bitcoin Read the original story Treasury companies amass Ethereum, Solana and Bitcoin in nervous September markets by Kamina Bashir on fi.beincrypto.com
CoinEx sets a December deadline for withdrawals as the exchange shuts down
In brief CoinEx closes its operations after 9 years; withdrawals remain open until December 22 The stock exchange blames the market downturn, shrinking liquidity, and rising costs of compliance. Spot trading ends on September 29, and CoinEx will buy the remaining CETs at a price of $0.0050 Read the original story CoinEx sets a December deadline for withdrawals as the exchange shuts down, written by Kamina Bashir on the site fi.beincrypto.com
Trump calls fears about AI a hoaxâso why did he then meet with Altman in secret
Briefly Last week, Trump met privately with Sam Altman behind the scenes at the GOP convention Altman requested a meeting focused on AI and its growing power Trump has dismissed AI safety concerns as a hoax on stage and online. Read the original story: Trump calls fears about AI a hoaxâthen why did he secretly meet with Altman, written by Darryn Pollock on the site fi.beincrypto.com
Novo Nordisk rebrands as Novo: the stock falls as the company targets GLP-1 products at consumers
Briefly Novo Nordisk rebranded as Novo and introduced a new cultural framework CEO Mike Doustdar links the change to a loss of market position against Eli Lilly. New shares have fallen by about 15% so far this year despite the overhaul. Read the original story Novo Nordisk rebrands as Novo: the stock falls as the company targets GLP-1 products at consumers written by Darryn Pollock on fi.beincrypto.com
Amended Clarity Act text faces three-way opposition before Senate vote
Briefly New Yorkâs Letitia James led 17 other state attorneys general against the Clarity Act 8 leading groups of investors asked senators to close stablecoin yield loopholes in the bill The Senate votes on Tuesday on the closure, which requires the backing of 60 senators to proceed. Read the original story Amended Clarity Act text faces three-way opposition before Senate vote, written by Kamina Bashir on fi.beincrypto.com
If Sam Bankman-Fried were released from prison today, he would be poor forever, the lawyer says
Briefly SBFâs lawyer says that a $11,000,000,000.00 fine should leave him poor for the rest of his life. The appeal to the highest court says that the jurors heard about FTXâs losses but not about the repayment plan FTX customers have now received back 105% of claims that were valued in 2022 prices Read the original story If Sam Bankman-Fried were released from prison today, he would be poor forever, the lawyer says, written by Lockridge Okoth on fi.beincrypto.com
Trump calls Jensen Huang live amid fears of an AI slowdown. NVIDIA's stock reacts
In brief Trump downplays AI fears as a scam in a surprising Jensen Huang phone call Nvidia's CEO backs faster growth of AI as competition from China intensifies Nvidia continues to fall as chip stocks price in a slowdown in spending on AI Read the original story Trump calls Jensen Huang live amid fears of an AI slowdown. NVIDIA's stock reacts, written by Lockridge Okoth on fi.beincrypto.com
Grayscale just made XRP 26 percent of its new portfolio for advisors
Briefly Grayscale's new bitcoin-free portfolio gives XRP 26.11 percent, its second-largest allocation. Ether takes 42.34%, above the 40% threshold advertised by the model. Advisors can copy the allocation to client accounts using Grayscale funds. Read the original story Grayscale just made XRP 26 percent of its new portfolio for advisors written by Lockridge Okoth on fi.beincrypto.com
This stock looks like a bull market despite Morgan Stanleyâs 30-day crash warning
Briefly Coinbase rose 8 percent to $188, while the S&P 500 fund fell 0.8 percent. The analyst who upgraded it still gives Coinbase only a hold rating. Coinbaseâs goals on Wall Street vary from $95.00 to $330.00. Read the original story: This stock looks like a bull market despite Morgan Stanleyâs 30-day crash warning, written by Lockridge Okoth on fi.beincrypto.com