Finance

Arthur Hayes says he’s hanging up his memecoin hat in favour of high-yield DeFi plays

Arthur Hayes says he’s hanging up his memecoin hat in favour of high-yield DeFi plays

Arthur Hayes spent the better part of the past year aping into memecoins like PEPE and MOTHER while endearingly referring to them as “dogshit.” Now the BitMEX co-founder says he’s leaving the casi...

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Grease-smeared ‘roughnecks’ are the classic staple of the oilfield. Now they’re vanishing in favor of AI-trained data crunchers

Grease-smeared ‘roughnecks’ are the classic staple of the oilfield. Now they’re vanishing in favor of AI-trained data crunchers

Picture an oilfield. Chances are you see a greasy drilling rig surrounded by a group of equally greased-up and grizzled oilmen, moving heavy equipment in a dangerous and labor-intensive environmen...

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TON Strategy Starts Share Buyback, Treasury Staking After Shares Plunge 40%

TON Strategy Starts Share Buyback, Treasury Staking After Shares Plunge 40%

TON Strategy Company (TONX) has repurchased over 250,000 shares of its common stock at $8.32 per share, well below its stated treasury asset value (TAV) of $12.18, the company said. The move is p...

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Memecoins Rally as Traders Bet on Fed Rate Cut and U.S. Altcoin ETFs

Memecoins Rally as Traders Bet on Fed Rate Cut and U.S. Altcoin ETFs

The memecoin sector is heating up as fresh altcoin season talks are starting to grow on social media, partly driven by expectations that the Federal Reserve will this coming week cut interest rat...

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California lawmakers pass AI safety bill SB 53 — but Newsom could still veto

California lawmakers pass AI safety bill SB 53 — but Newsom could still veto

BEVERLY HILLS, CALIFORNIA – SEPTEMBER 07: Governor of California Gavin Newsom speaks onstage during Vox Media’s 2022 Code Conference – Day 2 on September 07, 2022 in Beverly H...

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