Why Prediction Markets Got the Brazilian Election So Wrong
Experts say Brazil's prediction market ban left the odds in the hands of traders with little knowledge about the election.
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SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die
Elon Musk says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI cloud firms, a split that could decide who controls computing.
Bitcoin Wallet Fixes Critical Flaw That Redirected Funds to Attackers
A confirmed exploit let rogue servers replace Electrum’s pending transactions, tricking users into redirecting Bitcoin to attacker addresses.
India’s CoinDCX Confirms $16 Million Loss Days After CEO Called It a ‘False Alarm’
The Mumbai-based exchange says 15.99 million USDT was drained from wallets it retired after last year’s $44 million hack, bringing its combined losses to nearly $60 million—and it’s absorbing the hit.
Brazil’s Stock Market Crashes After Lula’s Upset Victory
The iShares Brazil ETF fell as much as 26% after Lula da Silva beat Flávio Bolsonaro, who prediction markets had at 80%, while the dollar jumped as much as 12% against the real.
Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks
The firm added 10,452 ETH to reach 4.95% of supply, but its bigger move was repurchasing 2.04 million of its own shares—part of what it calls the largest equity buyback any crypto treasury company has run.
'Privacy Horror’: Researcher Uncovers Extent of Samsung Smart TV User Tracking
AI-powered reverse engineering could make it "easier and faster" for researchers to uncover and explain how devices collect and share data.
Anthropic Makes IPO Filing Public, Plans Nasdaq Listing Under ‘ANT’
The S-1 shows revenue up from $1.2 billion a year earlier, and a share structure that leaves a trust and the co-founders in control.
Strategy Pauses Bitcoin Buying, Spends $205M Buying Back STRC
The Bitcoin treasury firm's USD Cash balance fell to $242.4 million after its biggest weekly STRC buyback in more than a month.
Bitcoin Dips Below $80,000 Ahead of Fed Decision, Midterms
Analysts point to a sell-off in AI stocks and ETF outflows, with HashKey's Tim Sun flagging $75,000 as the next key support level.
Bitcoin’s Bear Market Is Over, Galaxy Research Says: 'Now Is an Attractive Time to Buy'
Galaxy Research says Bitcoin’s bear market ended in June, pointing to a reclaimed 50-week moving average, fading selling pressure, and a strengthening debasement case.
Morning Minute: Bitcoin Breaks Below $80,000 as Iran Fears Hit the Weekend
Some relief is appearing this morning as oil and rates fall, with a big macro week ahead featuring major earnings, FOMC and key data drops.