DeFi Development Corp proposes $20 million preferred stock offering to buy more SOL
The Nasdaq-listed company intends to use the proceeds to acquire more Solana and crypto-related investments. Source: www.theblock.co Read Full Story
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New Apple CEO John Ternus Inherits AI Test as AAPL Stock Slips
John Ternus becomes Apple’s chief executive on Tuesday as AAPL stock fell slightly. Marketing veteran Phil Schiller also stepped back from his last major roles this week. Ternus, a 25-year Apple veteran, replaces Tim Cook, who becomes executive chairman after 15 years as CEO. The transition puts artificial intelligence at the center of Ternus’s agenda….
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Strategy splits $603 million share sale between Bitcoin purchases and STRC support
Strategy raised $602.8 million by selling 4,531,421 MSTR common shares in one week, then split the proceeds among a renewed Bitcoin purchase, support for its STRC preferred stock, and additional cash. The company’s Aug. 31 filing attributed $369.7 million to buying Bitcoin, $151.8 million to repurchasing 1,557,177 STRC shares, $50.7 million to STRC dividends, and…
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Biotech Startup Investment Held Steady Even As AI Funding Surged
While the AI boom has disrupted funding patterns across the startup sphere, biotech has remained a rare steady sector for investment. For the past few years, global funding to biotech startups has hovered between $36 billion and $40 billion. Per Crunchbase data, 2026 is on track to stay close to that range. The numbers don’t…
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Jackson Hole analyst roundup: Warsh’s speech sends hike chances higher, may put Fed `at odds’ with Treasury
Fed Chair Kevin Warsh’s hawkish stance reinforced expectations of a relatively tighter stance at the Federal Open Market Committee meeting in September. Source: www.cnbc.com Read Full Story
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The U.S. is building barriers around drones and robots, but China has scale to get around them
The U.S. is shutting out more foreign-made drones and robots. China’s scale means the global competition may simply move elsewhere. Source: techcrunch.com Read Full Story
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AI agents need their own identity before they need a gateway
Enterprise AI has entered a new era. Organizations are rapidly moving beyond assistants that answer questions to autonomous agents capable of reasoning, invoking tools, accessing enterprise applications, coordinating with other agents, and completing multi-step business workflows with minimal human intervention. This shift represents a fundamental change in how software operates. Traditional applications execute predefined logic…
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Kalshi becomes exclusive prediction market partner of US Open: report
As part of the agreement, rival prediction market platforms are reportedly barred from advertising at the tournament and on its ESPN broadcasts. Source: www.theblock.co Read Full Story
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Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million
Li says the attacker manipulated the price of Tectonic’s illiquid TONIC token before borrowing against the inflated collateral, a Mango Markets-style hack. Source: www.theblock.co Read Full Story
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Layer 1 blockchain Fogo halts mainnet after attacker receives 400 million FOGO tokens, 10% of circulating supply
The affected tokens make up about 4% of FOGO’s genesis supply and were worth about $3 million at the time of the incident. Source: www.theblock.co Read Full Story
