Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world.
Let's explore together! 🌐🚀
🔥 Top Reads
How to use Grok for real-time crypto trading signals 🤔
Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays.
Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys 😲
Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.
Someone counter-hacked a North Korean IT worker: Here’s what they found 🧐
A team of North Korean IT operatives behind 31 fake identities has been linked to the $680,000 hack of fan-token marketplace Favrr in June.
🚨 Important News This Week
AI
Cognition Cinches About $500 Million to Advance AI Code-Generation Business
What Musk, Altman and Others Say About AI-Funded ‘Universal Basic Income’
IT Departments Are Overloaded With Busy Work. Can AI Change That?
Tech
Apple Watch Gets Blood Oxygen Feature Back
The U.S. Is Discussing Taking a Stake in Intel
Robotics Startup Dash Bio Sprints to New Financing
Business
Rivian Says It Faces $100 Million Hole After Relaxation of Fuel Economy Rules
Trump company files trademarks for branded metaverse, NFT marketplace
Silver Lake Invests $400 Million to Tackle Data-Center Power Bottleneck
Crypto
Bitcoin miners and AI firms compete for cheap sustainable energy
Bitcoin is now bigger than Amazon: Here’s how it became a top-5 asset
Spot Ether ETFs rack up $3B in August as ETH hits yearly high
🚨 Notable Companies Secure Impressive Investments
Strategy acquired 155 BTC for ~$18M at an average price of ~$116,401 per BTC
Ethereum ETFs had over $1B worth of net inflows for the first time since debut
Mesh raises $9.5M in funding, bringing total capital to $130M
Bitwise raises $70M in investment round
🔥 Top Blockchain & Crypto News of the Week
🚀 From market crashes to institutional power moves, here are the top headlines shaping the crypto world right now.
Surge in Physical Attacks on Crypto Holders Linked to KYC Data Leaks
Analysts warn of a rise in kidnappings and extortion targeting cryptocurrency owners following KYC data leaks from centralized platforms.
Key Facts:
• 80M+ records online
• 2.2M contain home addresses
• Even small investors are being targeted
• Attacks spike during bull marketsBe cautious when sharing personal data and consider using privacy-preserving services.
Read more here: https://t.me/constantinkogan/1500
Do Kwon May Plead Guilty in $40B Luna Collapse Case
Terraform Labs co-founder Do Kwon is reportedly considering a guilty plea in the U.S. to charges of conspiracy and fraud over the $40 billion collapse of Luna and TerraUSD.
Read more here: https://t.me/constantinkogan/1501
U.S. Banks Push to Ban Stablecoin Interest Payments
U.S. banks have urged regulators to ban crypto exchanges from paying interest on staked stablecoins, citing a loophole in the GENIUS Act that allows issuers’ affiliates to sidestep current restrictions.
Concerns:
• Possible trillions in bank deposit outflows
• Higher financial system stressRead more here: https://t.me/constantinkogan/1502
U.S. Core Inflation Hits Highest Level Since 2023
July inflation rose 2.7% YoY, slightly below forecasts — but core CPI (ex-food & energy) climbed to 3.1%, its highest since 2023.
Analysts point to Trump-era tariffs as a possible cause, but incoming Fed chair Steven Miran disputes this link.
Read more here: https://t.me/constantinkogan/1504
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Bear Market-Proof AI Cloud: $200M GPU Network with Diam Hamstra
🔥 Ethereum New York Week
🤣 Meme of the Week
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