Binance denies system error in alleged $5M AKE loss
Binance has denied that a system or pricing failure caused more than $5 million in alleged trader losses as the AKEUSDT perpetual contract surged from about $0.0076 to nearly $0.045 on Sept. 3. Binance says AKE liquidations followed market volatility…...
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Rogo’s annual recurring revenue triples to over $50M, surpassing Hebbia in financial AI race
Rogo’s rapid revenue growth and high valuation highlight the increasing demand for AI-driven automation in financial services, reshaping industry dynamics. The post Rogo’s annual recurring revenue triples to over $50M, surpassing Hebbia in financial AI race appeared first on Crypto Briefing....
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Hearts defeats Hibernian 1-0 in Edinburgh Derby as teenager James Wilson proves decisive
Wilson’s emergence as a key player could lead to significant transfer interest, impacting Hearts’ future squad dynamics and financial strategy. The post Hearts defeats Hibernian 1-0 in Edinburgh Derby as teenager James Wilson proves decisive appeared first on Crypto Briefing....
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54% of consumer basket now sees price increases above 3%, the highest share in nearly three years
Widespread price increases challenge the Fed’s rate cut plans, complicating market expectations and eroding real returns on bonds. The post 54% of consumer basket now sees price increases above 3%, the highest share in nearly three years appeared first on Crypto Briefing....
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Crusoe signs $13B cloud computing deal with Jane Street
This deal highlights the growing intersection of AI infrastructure and financial trading, potentially reshaping industry dynamics. The post Crusoe signs $13B cloud computing deal with Jane Street appeared first on Crypto Briefing....
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Stablecoin yield debate raises crypto accounting challenges as $22.7B market outpaces regulation
The evolving stablecoin yield market challenges regulatory frameworks and accounting standards, impacting traditional banking and financial stability. The post Stablecoin yield debate raises crypto accounting challenges as $22.7B market outpaces regulation appeared first on Crypto Briefing....
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CLARITY Act could take Wyoming crypto rules nationwide
Senator Cynthia Lummis has backed the CLARITY Act as a way to extend Wyoming’s digital-asset model across the United States before a Sept. 15 Senate vote requiring 60 votes to advance. Lummis presents Wyoming as a model for the CLARITY…...
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Nvidia to acquire Hugging Face for ~$13 billion after rogue OpenAI agent hack
Nvidia’s acquisition of Hugging Face underscores the growing importance of securing AI infrastructure amid rising cybersecurity threats. The post Nvidia to acquire Hugging Face for ~$13 billion after rogue OpenAI agent hack appeared first on Crypto Briefing....
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Trump and Vance push for lower interest rates as Fed signals possible hike
The Fed’s potential rate hike could strain credit-dependent sectors, highlighting tensions between economic growth goals and inflation control. The post Trump and Vance push for lower interest rates as Fed signals possible hike appeared first on Crypto Briefing....
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Strategy remains ineligible for S&P 500 rebalance due to GAAP losses
Strategy’s exclusion from the S&P 500 limits access to significant institutional capital, impacting its market influence and investor demand. The post Strategy remains ineligible for S&P 500 rebalance due to GAAP losses appeared first on Crypto Briefing....
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