Crypto market maker Wintermute launches US broker-dealer
Wintermute said the registration allows the firm to position itself for the growth of tokenized securities in the US. Source: cointelegraph.com Read Full Story
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United Wholesale Mortgage plunges 35% after suspending dividend and raising capital
“We’re taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come,” CEO Mat Ishbia said in a statement. Source: www.cnbc.com Read Full Story
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Elon Musk’s attempt at an AI Wikipedia hasn’t been updated in months
xAI’s Grokipedia, an online encyclopedia with AI-generated articles that Elon Musk once promised would be a “massive improvement” over Wikipedia, apparently hasn’t been updated since April 24th, according to a report from Lawfare. “As far as we can tell, no entry has changed in more than three months,” Lawfare said. Grokipedia launched in v0.1 in…
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Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit
Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong. Source: www.coindesk.com Read Full Story
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Meta Debuts AI Coding Agent Muse: Here’s How It Compares to Claude Code and Codex
Meta’s new agent runs in your terminal, coordinates subagents, and survives crashes—but on the benchmarks that matter, it lags behind. Source: decrypt.co Read Full Story
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‘Nobody Wanted to Give A Former Principal Money’: How An Educator Built An Edtech AI Startup With $63M From VCs
Editor’s note: The following is the first profile in a series of articles in coming weeks about startup founders from non-technical backgrounds who have launched successful venture-backed companies. In November 2022, Adeel Khan was doing something rare for a longtime educator: taking time off. Having launched his career as a teacher in Atlanta Public Schools,…
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GameStop plans $1.4 billion stock swap as Bitcoin collateral risk emerges
GameStop has agreed to swap $1.4 billion of zero-coupon convertible notes for stock, a deal that would retire about one-third of its note principal if it closes. The resulting shareholder dilution will remain unknown until the company discloses the final share count. The company’s Aug. 3, 2026 filing covers about $400 million of notes due…
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Jim Cramer To Sell Bitcoin After IBM Quantum Warning: Will Traders Fade Him?
CNBC host Jim Cramer says he intends to sell his Bitcoin (BTC) after IBM’s chief executive warned that quantum computers could eventually break the cryptography protecting it. He has not confirmed a completed sale, disclosed a position size, or published a wallet address. Traders responded by treating the call as a reason to buy. Why…
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SpaceX has bought $329M worth of Tesla Megapacks so far this year
The purchase illustrates just how interconnected Elon Musk’s universe of companies are. Source: techcrunch.com Read Full Story
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Cloudflare kicks off stablecoin wallet rollout for AI agents to pay for APIs and online content
Users can claim Cloudflare wallet handles now, while funding and payment features will arrive later. Source: www.theblock.co Read Full Story
