AI Will Hit 40% of Jobs, IMF Warns. Young People Are First in Line
IMF chief Kristalina Georgieva says AI investment is holding global growth near 3%, with Asian chipmakers winning big, while warning of a ‘slow-moving tsunami’ for young workers.
FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022.
Saylor teases Strategy Bitcoin buying after ending September with STRC buybacks
Investors will have to wait an extra day to find out if and how much Strategy added to its Bitcoin treasury in the first week of October.
Tokenized Stocks Show Real Demand But Remain Volatile and Illiquid, IMF Finds
An IMF analysis found that more than half of tokenized stock trading happens outside U.S. market hours, though the roughly $2.3 billion market remains more volatile and less liquid than traditional equities.
CFTC Draws the Line Between Prediction Markets and Gambling in New Rules
A proposed rule would expressly fold event contracts tied to sports, politics, culture and weather into the “swap” definition, while an interim rule excludes casino-style gambling—sharpening the agency’s claim to exclusive jurisdiction.
Justin Sun says Tron’s post-quantum cryptography has gone live on testnet
“We’re ready to bring quantum resistance to mainnet at any time,” Sun said in a post on X.
US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.
OpenAI and Anthropic Are Quietly Rehearsing for the Day After an AI Catastrophe
Executives are war-gaming the political fallout of a major AI-driven cyberattack and preparing to brief Congress fast if and when necessary.
AI Startup Manus Raises $500 Million After China Nixed Meta’s $2 Billion Acquisition
Manus built a self-driving AI assistant before the hype, sold itself to Meta, then watched Beijing unwind the deal. Its first fresh money since: more than $500 million.
Securitize stock jumps over 10% after launching tokenized US equities on Solana
Securitize’s new offering gives eligible investors access to tokenized shares of 12 US companies, with dividend and voting rights and plans for round-the-clock trading.