Key Takeaways Reports say JPMorgan, Citi and other major banks are restricting unauthorized AI agents from accessing customer accounts. Binance founder Changpeng Zhao argues that crypto will become a preferred payment system for AI agents. […]
Key Takeaways The BIS argues bitcoin cannot function as everyday money because it lacks the credit structures and public backstops underpinning fiat money. Michael Saylor agrees that, for now, bitcoin is better suited as capital […]
Key Takeaways Banking giant Standard Chartered signed agreements Oct. 21 to acquire 100% of Zodia Custody. Zodia Custody launched in 2020 with Northern Trust and expanded into five international markets. Zodia Solutions will separate from […]
Key Takeaways MrBeast is promoting Step, a financial app acquired by Beast Industries in February 2026, with no crypto features currently advertised. Bitmine invested $200 million in Beast Industries, which previously expressed interest in incorporating […]
Key Takeaways U.S. producer prices rose 6.3% annually in September, the highest rate since December 2022. The BLS reported a 20.3% monthly increase in producer gasoline prices as energy costs accelerated. Polymarket traders assigned 72% […]
Key Takeaways Cheap entry, sustained commitment: Sprecher paid $1,000 plus the debt for a platform that MidAmerican Energy had already funded with $35 million and still couldn’t make work. A new market from scratch: He […]
Key Takeaways Bolsonaro unexpectedly led Brazil’s first-round election, causing major market indexes to surge significantly. Ibovespa futures jumped 9% and the real strengthened as investors anticipate tighter fiscal policies. Despite analysts’ caution, prediction markets expect […]
Key Takeaways The FCA opened crypto applications Sept. 30, giving firms more than a year to prepare before the rules kick in on Oct. 25, 2027. Crypto firms already operating in the U.K. can keep […]
Anthropic’s IPO prospectus has leaked as the $2 trillion corporation prepares to go public. Source link
Key Takeaways Apollo’s top economist warned AI agents could sweep cash to high-yield accounts, draining cheap deposits. Deposit flight fears linked to automated yields echo concerns that led to the demise of the CLARITY Act. […]
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