Thinking Machines Lab co-founder Andrew Tulloch joins Meta

- Global crypto regulators intensify oversight as Australia introduces stricter licensing rules for digital assets, aiming to prevent FTX-style collapses. - South Korea's Upbit suffers $36M Solana breach linked to North Korean hackers, exposing vulnerabilities in centralized exchange security despite $10B acquisition plans. - Decentralized protocols face scrutiny after Balancer's $116M exploit reveals flaws in audited smart contracts, prompting debates over security audit efficacy. - Innovators like VaultC

- MSCI proposes excluding firms with over 50% crypto assets from major indexes, risking $8.8B in forced sell-offs if adopted. - JPMorgan estimates $2.8B outflows from MSTR alone, highlighting fragility of crypto-treasury stocks reliant on convertible debt. - Bitcoin's exposure shifts to ETFs like BlackRock's IBIT (6.8% BTC supply), offering safer BTC exposure than equity-linked treasuries. - Fed policy, MSCI's DAT ruling, and derivatives volatility will determine BTC's $91K breakout potential amid structur

- 2025 AI market valuations ($19T) far exceed tangible economic benefits, mirroring dot-com and 2008 bubble patterns. - NVIDIA's $4.35T cap and 498 AI unicorns highlight speculative frenzy despite limited revenue from core AI applications. - Proponents cite infrastructure growth and 1.5% 2035 productivity gains, but only 1% of firms are "AI mature" per McKinsey. - 54% of fund managers flag AI stocks as "bubble territory," warning of systemic risks if adoption falls short of expectations. - Experts urge cau