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View More NewsIn brief Andy Konwinski, who cofounded Databricks and Perplexity AI, argued this week that concentrating AI power is a safety risk in itself. The essay followed Open Frontier, a working meeting of roughly 100 researchers in San Francisco on June 30. Turing Award winner Yann LeCun replied directly on X, comparing today’s closed-lab AI moment to “medieval obscurantism akin to the Ottoman empire banning the use of the printing press for 200 years.” Perplexity AI and Databricks co-founder Andy Konwinski thinks the AI safety conversation has a problem: It’s being used to concentrate power, not prevent harm. Earlier this week,…
Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said.The Bitcoin realized P&L ratio — which measures the net percentage of Bitcoin (BTC) in profit or loss relative to total supply — hasn’t fallen this low since December 2022, shortly after FTX shockingly collapsed and sent Bitcoin below $16,000.“Historically the indicator has marked BTC bottoms with extreme precision,” CryptoQuant said on Thursday. In 2015 and 2019, the Bitcoin realized P&L ratio also fell below -0.35 before…
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Recorded on 30 June 2026, Claire Lehmann sat down with Derek Francis— former chief economist at the NSW Parliamentary Budget Office and a fund manager—to discuss a flaw in Treasury’s modelling of Australia’s new capital gains tax, one that could push effective tax rates on shares as high as 70 percent. TranscriptClaire Lehmann: Last month, Treasurer Jim Chalmers delivered one of Australia’s most ambitious and controversial budgets to date. It was framed as an attempt to restore intergenerational equity, in light of the fact that house prices have become completely unaffordable for young people across the country. To address this, negative…
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From Chavis v. UNC, decided Tuesday by Chief Judge Catherine Eagles (M.D.N.C.): Dr. Larry Chavis was a non-tenured professor at the University of North…
For years, Michael Saylor’s Strategy built its brand around a simple mantra: Buy Bitcoin. Never sell. This week, that narrative changed. The company authorized up…
From the June 23 decision in Huckabee v. Meta Platforms, Inc., by Third Circuit Judge Peter Phipps, joined by Judges Arianna Freeman and Emil…
In recent days, there have been signs of a reevaluation.The Roundhill Memory ETF has fallen roughly 25% from its June 22 record high, while…
Digital Asset, the development firm behind the Canton Network (CC) blockchain used by major banks and trading firms, said Thursday it closed a $355…
XRP (XRP) charts are painting multiple bearish patterns this month with a downside target under $1.Key takeaways:XRP is forming head-and-shoulders and bear flag setups…
In brief Anthropic admitted its invisible LLM-development safeguards were “the wrong tradeoff” and will replace them with visible fallbacks to Claude Opus 4.8, starting…
from the the-end-of-ten-blue-links dept Google didn’t invent full-text search of the Internet – that honor belongs to early pioneers such as WebCrawler, Lycos and AltaVista. But for the…
Ernest Hemingway once wrote that there are two ways to go bankrupt: “gradually and then suddenly.” For Social Security, the “gradually” phase is coming…
Conditions at Delaney Hall are so reprehensible and degrading that detained individuals have resorted to starving themselves to bring attention to their inhumane treatment.…
Banks are focusing on pulling stablecoins and tokenized forms of more traditional financial instruments into one integrated package to meet growing institutional demand for…
The 2026 FIFA World Cup could mark a breakout moment for prediction markets, with Coinbase emerging as one of the biggest winners, according to…