Democratic senators need the Commodity Futures Trading Commission (CFTC) to cease betting on California wildfires. They warn that merchants may begin fires to win their bets. The letter went to CFTC Chairman Michael Selig on Monday. Oregon Senator Jeff Merkley led it. It factors again to wagers positioned whereas Los Angeles burned in January 2025….
The European Union started imposing the AI Act’s transparency guidelines on Sunday. Chatbots working within the bloc should now inform customers they’re speaking to a machine, and AI-generated deepfakes require clear labels. The European Commission’s AI Office and nationwide regulators additionally gained enforcement powers for the primary time. Penalties attain €35 million or 7% of…
Tech shares have attracted their largest five-week influx in historical past, recent fund movement knowledge exhibits. The Nasdaq Composite has climbed for 3 straight periods and now presses towards a trendline that has capped it since June. The surge reverses a pointy July correction throughout megacap expertise names. Fund flows and chart construction now level…
Trump Media & Technology Group moved 2,628 BTC on Aug. 2, bringing the sum of two not too long ago reported Bitcoin actions to inside 3.43 BTC of the portion of its March holdings not recognized as convertible-note collateral. The near-match places the most recent pockets exercise on the middle of a query about what…
Analysts warned that each main Bitcoin drop in 2026 coincided with Japan’s yen protection, backing the declare with charts that mark every intervention towards BTC corrections. Bitcoin trades close to $62,500 as analysts break up over whether or not $50,000 comes subsequent. Top 3 Bitcoin Corrections That Matched Japan’s Yen Defense in 2026 The yen…
SanDisk (SNDK) closed Friday at $1,214.83, down 5.09%, whereas its each day Relative Strength Index (RSI) sank to ranges final seen in April 2025. That earlier studying preceded a one-year achieve of greater than 570%. The reminiscence maker reviews fiscal fourth-quarter outcomes after Wednesday’s shut on August 5. The print could present whether or not…
Palantir Technologies Inc. (PLTR) reviews its second-quarter outcomes after the US market closes on Monday. Wall Street expects income of about $1.81 billion and adjusted revenue close to 34 cents a share. Palantir normally does higher than that. Its personal file factors to roughly $1.9 billion. Yet choices merchants are braced for an 11% transfer…
Solana raised the most computation allowed per block from 60 million to 100 million compute models on July 29, a 66.7% leap that offers unrelated transactions extra room with out altering the separate cap governing its busiest accounts. Compute models, or CUs, measure computational work carried out by transactions. The block restrict caps the combination…
Flare has introduced that its FXRP token can now be used as collateral in Sentora’s RLUSD vault on Morpho, marking a brand new step for XRP in decentralized finance. The replace permits XRP holders to entry lending markets on Ethereum with out promoting their underlying holdings. The integration follows Sentora’s approval of FXRP to be…
Alibaba launched Qwen3.8-Max on Monday with its first printed benchmarks, and the mannequin ranked fourth on Arena’s Frontend Code leaderboard. Only Claude Opus 5 and Moonshot’s Kimi K3 scored greater within the take a look at. The 2.4 trillion-parameter mannequin exits its July preview with 95 billion lively parameters, a 1 million-token context window, and…