Analysts at Bernstein have forecasted a structural shift in prediction markets towards contracts on financial assets. By 2035, cryptocurrencies, stocks, and commodities could account for 49% of turnover, compared to 38% for sports, according to The Block.
The crypto market’s recovery has reopened debate over Bitcoin’s four-year cycle. Solstice CEO Ben Nadaraski linked the waning boom-and-bust pattern to rising market liquidity and institutional participation, according to Cointelegraph. Several indicators have improved in recent weeks. One measure of U.S. dollar capital available within the crypto market is the supply of stablecoins. According to […]
Chinese regulators have begun to slow down the stock market listings of humanoid robot manufacturers due to concerns over high company valuations and revenue quality. This was reported by Reuters, citing sources familiar with the situation. According to these sources, authorities are using informal guidelines, known as “window guidance,” to delay certain listings. One source […]
Meta has unveiled the Petal undersea cable project, which will span approximately 7,000 km between the US and France. The cable will have a capacity of 1 Pbps, with a launch planned for 2029. Today we’re announcing Petal: the world’s first petabit-class transoceanic subsea cable and the first to deploy multi-core fiber at scale. Spanning […]
In the future, quantum computers will work alongside CPUs and GPUs in various scenarios, becoming a third class of processors, according to Intel CEO Lip-Bu Tan. Speaking at the .conf26 conference in Denver, organized by Splunk, the executive noted: “GPU, CPU, and quantum computing are all forms of computation, so in certain application areas, they […]
Researchers from SlowMist reported several incidents of asset theft from users of the iOS version of the FomoPeek app. The investigation uncovered malicious code that intercepted seed phrases from cryptocurrency wallets. Source: X/SlowMist. According to experts, all confirmed cases involved the leakage of private keys. Some victims had previously installed and used FomoPeek versions 1.1 […]
OpenAI has integrated a cookie into ChatGPT that links user behavior on the internet with their account when visiting third-party websites. A researcher known as Buchodi published a technical report analyzing the entire tracking chain of the chatbot’s advertising platform, codenamed bazaar. According to him, the advertising code for sites functions as a tracking pixel. […]
On September 21, the European Central Bank (ECB) launched the Pontes payment system for blockchain settlements, according to Reuters. According to the official project website, the Eurosystem solution “connects distributed ledger-based market platforms and TARGET services for wholesale transaction payments.” Pontes operational mechanism. Source: ECB. Pontes allows banks and investors to conduct transactions in tokenized […]
On September 21, the price of the leading cryptocurrency rose above $85,000, a level last seen at the end of January. On Binance, the price reached $85,228. At the time of writing, the asset is trading around $84,600. 15-minute BTC/USD chart on Binance. Source: TradingView. Analysts linked the rally to falling oil prices and a […]
Flock Safety has introduced a voluntary buyout program with severance packages. WIRED reports that the decision comes amid criticism of its license plate recognition systems and the loss of some clients. Applications opened on September 18 and will be accepted until October 2, according to an internal company memo. The company expects to approve most […]