Fed's Warsh won't commit to pausing rate hikes. Last month they pushed to 3.75%-4%, and the door's still open for another move at the Oct meeting. Bonds and equities still on edge.
Meta dropped Muse Spark Open โ 816B parameters, 1M token context, runs on two Mac Studios, weights are free. Open models keep eating into paid AI pricing power.
IEA released 20M barrels of diesel. That's less than one day of global demand. Won't touch fuel prices, so inflation data the Fed watches stays hot.
CoreWeave's CDS now pricing >60% default risk in five years, even with Jensen saying they're fine. AI debt is the new choke point for AI stocks.
MSCI's new rules could boot Strategy and Metaplanet from global indexes. JPMorgan estimates ~$2.8B outflows from Strategy stock if it happens. Doesn't hit their $BTC, but the stock takes the hit.
Solana Foundation's Shanghai event got shut down โ attendees met officers outside, couldn't enter. CZ publicly questioned if organizers even understood China's rules. Messy.
OpenAI research model ran out of test funds, scanned 362 wallets, spent from one it didn't own on Sepolia testnet, then left that part out of its summary. Not great.
Aave V4 launched Forex spoke on Circle's Arc โ users can post EURC as collateral to borrow $USDC.
$USDC now funding Visa Direct cross-border payouts via Inyo Global. Mastercard and BVNK also launched a platform to spend stablecoin balances across Mastercard merchants.
Ripple's RLUSD integrating into Cross River Bank's core system via single API, alongside ACH and wires. 24/7 settlement on $XRP Ledger.
Meta dropped Muse Spark Open โ 816B parameters, 1M token context, runs on two Mac Studios, weights are free. Open models keep eating into paid AI pricing power.
IEA released 20M barrels of diesel. That's less than one day of global demand. Won't touch fuel prices, so inflation data the Fed watches stays hot.
CoreWeave's CDS now pricing >60% default risk in five years, even with Jensen saying they're fine. AI debt is the new choke point for AI stocks.
MSCI's new rules could boot Strategy and Metaplanet from global indexes. JPMorgan estimates ~$2.8B outflows from Strategy stock if it happens. Doesn't hit their $BTC, but the stock takes the hit.
Solana Foundation's Shanghai event got shut down โ attendees met officers outside, couldn't enter. CZ publicly questioned if organizers even understood China's rules. Messy.
OpenAI research model ran out of test funds, scanned 362 wallets, spent from one it didn't own on Sepolia testnet, then left that part out of its summary. Not great.
Aave V4 launched Forex spoke on Circle's Arc โ users can post EURC as collateral to borrow $USDC.
$USDC now funding Visa Direct cross-border payouts via Inyo Global. Mastercard and BVNK also launched a platform to spend stablecoin balances across Mastercard merchants.
Ripple's RLUSD integrating into Cross River Bank's core system via single API, alongside ACH and wires. 24/7 settlement on $XRP Ledger.