A decentralized smart-contract platform and open-source blockchain.
Apollo Global Management is in talks to back the Yankees with a debt-heavy financing package worth about $3 billion, as the franchise seeks to refinance obligations and fund expansion. The deal would mark Apollo’s largest US sports investment and underscores the growing financial heft of professional sports.
Trump Media & Technology has unveiled Truth API, a paid low‑latency feed that will deliver real‑time posts from the platform’s top 10 accounts from Aug. 1. Executives discussed charging institutional customers up to $100,000 a month (or $60,000 on three‑year deals). Lawmakers, regulators and market participants have warned it will let traders profit from presidential posts and raise conflict‑of‑interest and market‑manipulation concerns.
Bitcoin has moved higher, aided by a surge in crypto stocks after the Treasury Department signs a plan to double debt buybacks. The rally has buoyed Bitcoin toward the low $70,000s, but remains below the mid-January and all-time highs. Democrats and Republicans debate regulatory scope as the Clarity Act looms, with the market awaiting further clarity.
Bitcoin has climbed this week as the Treasury Department doubles long-dated debt buybacks, easing yields and attracting buyers across crypto and risk assets. Trump pushes a crypto bill while inflation and debt concerns loom; analysts see potential for further gains but warn of a reversal if hawkish signals prevail.
Bitcoin has rallied further amid a spike in risk appetite after the Treasury Department doubled long-dated bond buybacks, fueling demand for risk assets. Traders are weighing whether the move is sustainable as a major rally continues into the week.
Recent reports show a surge in warnings that AI could end humanity this decade, prompting calls for rapid regulation. The discourse spans major labs, politicians, and tech influencers, with divergent views on risk and timing. Readers are following developments as policymakers explore safeguards while industry argues for responsible acceleration.
The UK debates overseas and domestic political donations after crypto billionaires Ben Delo and Christopher Harborne each donate 27m to Reform UK. Government plans to cap donations by Britons living abroad backdated to March 25 and to tighten rules on foreign influence are being scrutinised as MPs warn of a potential Americanisation of UK politics.
Stock exchanges plan an overnight session from 9 p.m. to 4 a.m. New York time, aiming to capture foreign demand and compete with crypto and other platforms. Robinhood expands hours and products, including 24/7 trading for select U.S. equities next year, crypto perpetual futures, and AI-powered tools. Other venues test weekend trading to broaden access amid global market evolution.