Crucial Fed Rate Cut Forecast: Barclays & Goldman Sachs Predict July Move After Strong US Jobs Report
In brief A new study argues the term “AI psychosis” oversimplifies how chatbots affect mental health. Researchers say AI systems can reinforce unhealthy beliefs through constant affirmation and emotional validation. The paper introduces “existential drift,” describing how AI interactions may gradually reshape a person’s sense of reality. As AI chatbots become more emotionally responsive, conversational,…
Bad actors have breached the fintech brokerage firm US Tiger Securities, placing the personal and financial info of 26,985 people at risk. US Tiger Securities, which is affiliated with the brokerage firm TradeUP Securities, disclosed the breach in a government filing last week. The firm says some of its files were copied by an unauthorized…
In brief Publicly traded companies are now racing to accumulate Ethereum. Firms with strategic ETH reserves now account for more than 6% of the entire ETH supply. The top holders include BitMine Immersion Technologies, Sharplink, and Coinbase. The trend of publicly traded companies adopting crypto treasury strategies may have started with Bitcoin, but it has…
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MANTRA, a popular blockchain ecosystem for real-world assets (RWAs), has introduced a new product in partnership with M0, a universal stablecoin firm. In this respect, MANTRA is launching MANTRA USD, which operates as a purpose-built stablecoin dealing with tokenized RWAs. As we head into a new year, we’re excited to introduce our newest and freshest…
A whale who shorted XRP and several other cryptocurrencies recently got partially liquidated on Hyperliquid, according to data provided by analytics platform Onchain Lens. The whale (who is known as @qwatio on the X social media platform) bet against Bitcoin and major altcoins with rather extreme leverage. The trader had the following short positions: BTC…