Rocket Loses $287K After Dormant Perp Market Manipulation.
Rocket has suspended deposits, withdrawals, and trading after an attacker manipulated a dormant perpetual market and withdrew approximately $287,000. The incident occurred around 19:00 UTC on September 5. The attacker…
Big Tech AI Debt Boom Pressures Treasury Yields.
A market commentator has argued that surging bond issuance by Amazon, Meta, and other Big Tech firms for AI infrastructure is helping drive Treasury yields higher. The companies are increasingly…
Analyst Warns AMD Could Crash 90% by 2029
A technical analyst has projected that Advanced Micro Devices stock could fall more than 90% by early December 2029 if a long-term historical pattern repeats. The bearish scenario targets a…
$10K in SpaceX Stock from 2 Months Ago Now Worth $9,188.
A $10,000 investment in SpaceX stock made roughly two months ago is now worth approximately $9,188. The position reflects an unrealized loss of about 8%. Shares purchased around $160 in…
ChatGPT Puts U.S. Recession Odds at 25% in Six Months.
ChatGPT has assigned a 25% probability that the United States will enter a recession within the next six months. The OpenAI model assessed that while risks remain present, a downturn…
Arbitrum Co-Founder Defends Robinhood’s 90% Fee Share.
Offchain Labs co-founder Steven Goldfeder has defended Robinhood’s retention of roughly 90% of net revenue on its Arbitrum-based blockchain. The comments came amid a public exchange with Solana co-founder Anatoly…
Polymarket Partners with LeBron James for Football Campaign.
Polymarket has signed NBA star LeBron James for a promotional partnership focused on football. James teased the collaboration in a social media video posted on September 5. The campaign is…
BOK Finds Dollar Stablecoins Can Weaken Local Currencies.
The Bank of Korea has found that demand for dollar-backed stablecoins can place downward pressure on local currencies. The effect becomes more pronounced when investors gain direct access through fiat…
Vitalik Outlines Ethereum Transaction Redesign.
Ethereum co-founder Vitalik Buterin has detailed a proposed redesign of how transactions work on the network. The approach centers on separating transaction effects from the conditions required for their validity.…
Bukele Denies Transfer of El Salvador’s Bitcoin Reserves.
El Salvador President Nayib Bukele has denied reports that the government transferred its strategic Bitcoin reserves to a private operator. The clarification followed statements from the International Monetary Fund regarding…