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Three months before the first investor unlocks, Monad offered to buy early holders out at a set price. Almost everybody declined — and that answer is more interesting than the offer.
The GENIUS Act said stablecoins need a licensed issuer. Treasury has now proposed the part that matters more to ordinary users — the rules for everyone in between, the exchanges and apps doing the actual selling.
A federal regulator has cleared the way for the Trump family's crypto venture to become a nationally chartered trust company. The same week, ten Senate Democrats put their names to legislation about corruption in banking applications. Both things are about the same piece of paper.
The number is $65 billion. The word carrying it is "annualized."
Brad Lightcap joined in 2018, when OpenAI was a research lab with no product and no revenue. This month he posted that he is leaving.
Two years ago, having the best model on the market was a fortune. On August 12 it became a discount.
The case against AI companies was never emotional. It was arithmetic: every new customer made the bill bigger. Growth was the problem, not the cure.
Google said Gemini passed a billion monthly users. ChatGPT made its strongest free model the default, after cutting the price by 80%.
Two hundred million payments. Sixty-nine thousand agents doing the buying. Around $50 billion in volume — on a payment code that sat unused in the web since the 1990s.
Databricks raised $5 billion at a $190 billion valuation — Coatue leading, with Blackstone, MGX, T. Rowe Price and Sixth Street alongside. The largest round of the week by a distance.
Not in a simulation. In a Phase IIa trial, in patients with idiopathic pulmonary fibrosis — a disease that scars the lungs and, for most people who get it, shortens life to a handful of years.
Not "can it do the job". The other one: can it be left alone to do the job?