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Elon Musk Denies Report That xAI Is Raising Capital
Elon Musk denied a report that his artificial intelligence startup, xAI, is raising money. In a reply to a post on social platform X about a report that xAI was raising $10 billion at a $20...
Copyright Troll Backfires: Has To Pay Up To Get Out Of Its Lawsuit Of Lies
It’s been a good while since we’ve had an old-fashioned copyright troll nonsense story around here, and boy do we have a doozy for you today. Regular Techdirt readers know that we’ve covered Pau...
FTX creditors set to receive $1.6B in third distribution round on Sept. 30
FTX creditors will receive $1.6 billion on Sept. 30 in the third major distribution since the exchange’s 2022 collapse, bringing some customers to 95% cumulative recovery rates. According to the FTX...
Democratic Senators push bipartisan approach to streamline crypto market structure bill
Twelve Democratic senators called for Republican cooperation on comprehensive crypto market structure legislation, proposing bipartisan authorship in regulatory efforts. Senator Ruben Gallego led the ...
Will Fed Rate Cuts And Weak US Economy Boost Risk Assets In Q4?
The Federal Reserve’s decision to cut interest rates this week indicates that the American economy is experiencing choppy market conditions. If history repeats itself, the crypto market will benefit...
Synchrony to Promote Personal Finance Education With Investments and Employee-Led Effort
Consumer financing company Synchrony aims to promote personal finance education for K-12 students with a $1 million investment in nonprofit organizations and with an employee-led effort to share finan...
Treasury opens comment period to shape GENIUS Act into stablecoin regulation
The U.S. Treasury Department launched a formal process to transform the newly enacted GENIUS Act into a framework of regulations for stablecoins, inviting the public and crypto industry to weigh in on...
This Week in Stablecoins: Partnerships Emerge as Interoperability Backbone
Stablecoins officially exist. They’ve gotten their own regulatory framework in the U.S., after all. But existing isn’t the end goal. In order to not just exist but to function, stableco...
ASTER’s Next Big Move Depends on One Key Level and Critical October Unlock
Aster (ASTER) has quickly grabbed attention as the latest Binance-backed project, with some already framing it as a possible HyperLiquid challenger. The token launched on AsterDEX, where early claiman...
CZ’s family office YZi Labs ‘deepens’ support of Ethena Labs, weeks after Binance adds USDe integrations
The move comes as Ethena looks to “expand its presence” on BNB Chain, including supporting new money markets and protocol integrations....
Newswire > Tag: money
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