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Anthropic Destroyed Millions of Books to Train Claude: Was That Legal?
- Anthropic bought millions of used books, cut them apart, and threw the paper away.
- A federal judge ruled that scanning and destroying a book you own is legal.
- A separate $1.5 billion piracy payout won final approval on July 20.
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
The OpenAI Agent That Hacked Hugging Face Reached a Second Firm
- OpenAI's rogue agent exploited customer's vulnerable code hosted on Modal.
- Modal says its own platform and isolation were not impacted.
- OpenAI logged 4 breached accounts across 4 separate public services.
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Brazil Tokenized 10 Cows on B3: Is It Really a Crypto Token?
- Ten tokenized cows backed a $20,000 loan registered on Brazil's B3 exchange.
- The deal runs on a decades-old rural credit note, with no blockchain token involved.
- Smart collars do the real work, creating collateral that proves it is alive.
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Gold Price Prediction for August 2026: Bear Market or Cycle Low?
- Gold trades near $4,020, down 28% from its January all-time high.
- CME FedWatch shows 35.8% odds of a surprise Fed rate hike on July 29.
- A break below $3,900 support could expose the $3,552 golden pocket.
ARK Warns Crypto Bankruptcies and Shutdowns Will Rise, Cathie Wood’s Stock Buys Show Why
- ARK bought Tesla, SpaceX, NVIDIA, and BitMine across two trading sessions.
- ARK's research director expects more crypto bankruptcies, shutdowns, and mergers.
- Hyperliquid, Pump.fun, and Ethena earn nearly 80% of crypto app revenue.
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Why Bitcoin Is Stuck Near $65,000 as AI Fuels Inflation
- AI spending is adding inflation pressure and reducing the chance of near-term Fed rate cuts.
- High bond yields and strong AI stocks are pulling capital away from Bitcoin.
- ETF inflows are improving, but Bitcoin still needs softer inflation and lower yields to break higher.
Trader Walks Away With $2.2 Million After SK Hynix Perp Crash
- A trader booked a $2.2 million gain amid the SK Hynix perp crash.
- The perpetual contract fell 17.9%, liquidating $57.4 million across 960 long accounts.
- Trade.xyz will cover liquidation losses which it attributed to an anomaly.
