Fundstrat’s Tom Lee expects the Federal Reserve to raise interest rates by 25 basis points today, arguing the move could still spark a substantial equity rally rather than derail one. The Federal Open Market Committee (FOMC), the Fed’s rate-setting panel, meets today, with a decision expected at 2 p.m. ET. Lee said the hike would…
The Solana network kept producing blocks on Aug. 12 when an infrastructure failure stopped validators representing nearly 29% of network stake from voting, according to a Solana Foundation account published Sept. 14. Independent monitoring found that the chain remained live, yet its performance deteriorated: more leader slots were skipped, transaction throughput fell sharply, and settlement…
Analysts told The Block that the crypto market will continue to move with interest rates and the broader monetary environment. Source: www.theblock.co Read Full Story
Listen to the session or watch below Employees at the world’s leading AI labs are saying there’s a real possibility that advanced AI could destroy humanity. Are they right? Or is this more scaremongering and hype? Watch a conversation unpacking AI extinction fears: where they come from, whether they hold any water, and, if so,…
By Ron Honig One of the strangest things about the current AI cycle is just how fast the math changes for the people building it. You can be a 20-something founder who feels like you are still in the warm-up phase of your career, yet on paper your equity is already life changing. Or a…
China’s investment slump deepened, retail sales growth slowed further in August while industrial output blew past estimates as Beijing warns of supply-demand imbalance. Source: www.cnbc.com Read Full Story
The proposal comes six months after corporate entity Balancer Labs shut down operations, citing a 2025 exploit that drained $128 million. Source: www.theblock.co Read Full Story
The talks to align two proposals, EIP-8130 and EIP-8141, fell short of a shared standard after the two sides diverged on priorities. Source: www.theblock.co Read Full Story
The company also announced a product called Active Compute Fabric, a network technology that targets the fact that much GPU time is wasted waiting for data to arrive. Source: techcrunch.com Read Full Story
In the biggest-ever legal action against harmful deepfake websites, the Manhattan District Attorney’s Office has seized 12 sites that collectively targeted around 1,200 victims. Source: www.wired.com Read Full Story