After hackers stole more than $6 billion in cryptocurrency from the exchange platform Binance on Thursday, crypto executives are racing to help the company while blockchain researchers examine the damage and assign blame. Binance initially said one engineer’s compromised laptop was the gateway to the attack, but the company later revised its assessment, saying the
Kevin Roose, a former New York Times tech columnist and the author of “The AGI Chronicles,” wrote on X that Anthropic’s pledge could be the “largest commitment of philanthropic capital ever made.” Roose estimated that the share pledge could be worth $200 billion if Anthropic goes public at a $1 trillion valuation. “By my count,
Markets and analysts are abuzz over the first Fed interest-rate hike since the second Trump administration. On Wednesday, the Federal Reserve raised rates by a quarter point, its first hike in three years, as officials sought to curb inflation. Kevin Warsh, the Federal Reserve Chair, said that the move would not immediately bring down individual
It took the possibility of species annihilation, but AI leaders did something remarkable this weekend: They reached a consensus. After ex-Anthropic engineer Jacob Coxon’s warnings about a looming AI armageddon lit a firestorm among techies and politicians alike, the leaders of the most advanced AI labs came to a tentative agreement — largely via posts
There’s a new way to make and lose money. Trump Media has officially launched the Truth API, a business-to-business data feed that provides customers with faster access to posts from prominent Truth Social accounts. That includes President Donald Trump, whose constant stream of posts can cause shifts in financial markets. Institutional customers gained access to
