In brief Ripple CEO Brad Garlinghouse spoke out about JPMorgan boss Jamie Dimon’s Clarity Act criticism. Garlinghouse said Dimon should be clearer …
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MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. www.coindesk.com
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Analysis
‘Big Short’ Investor Says He’s Not a Fan of Upcoming SpaceX IPO After Previously Taking Aim at Tesla
by shayaanby shayaanSteve Eisman, the investor who became famous for his prescient bet against subprime mortgages ahead of the 2008 financial crisis, says he …
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Regulation
JPMorgan CEO Jamie Dimon takes aim at the Clarity Act over crypto deposit risks
by shayaanby shayaanJPMorgan Chase CEO Jamie Dimon has said banks will oppose the Clarity Act unless lawmakers change provisions that he says give crypto …
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Scams
‘He’s Full of Shit’: JP Morgan’s Jamie Dimon Takes Aim at Coinbase CEO Over Clarity Act
by shayaanby shayaanIn brief JP Morgan CEO Jamie Dimon went on the offensive against Coinbase CEO Brian Armstrong on Friday. The banking executive said …
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Markets
Bitcoin takes another aim at $80,000 as stocks rise, oil drops on Iran optimism
by shayaanby shayaanThe crypto asset rose nearly 3% over the past 24 hours. www.coindesk.com
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In short ASI Alliance and Matterhorn said they are building tools to reduce the risks of AI-generated blockchain code. The platform combines …
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Smart Contracts
‘AI Should Advance Mankind, Not Destroy It’: Why Florida Is Taking Aim at OpenAI
by shayaanby shayaanIn short Florida Attorney General James Uthmeier announced an investigation into OpenAI and its ChatGPT chatbot. The investigation cites national security concerns …
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World-renowned investor Warren Buffett, in his latest assessments of the global economy, issued important warnings, drawing attention to inflation and hidden risks …
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U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration aims to reduce borrowing costs in the economy by lowering the …