CRYPTO · OKX locks in Circle, Standard Chartered at $25B value
The crypto exchange extended its funding round at a flat $25 billion valuation, adding a major bank and the Circle and Ripple stablecoin players.
@thedailyfathom.bsky.social
@thedailyfathom.bsky.socialCRYPTO · OKX locks in Circle, Standard Chartered at $25B value
The crypto exchange extended its funding round at a flat $25 billion valuation, adding a major bank and the Circle and Ripple stablecoin players.
@thedailyfathom.bsky.socialAI · SpaceX seeks $40 billion to buy Nvidia AI chips
Elon Musk's rocket company is reportedly borrowing tens of billions, led by Apollo, just to secure the Nvidia chips its AI ambitions need.
@thedailyfathom.bsky.socialSPACE · ISS is so full an astronaut is sleeping in a capsule
With 11 people aboard, NASA's Jessica Meir gave up her bed to a new crewmate and is bunking in the docked Dragon instead.
@thedailyfathom.bsky.socialENERGY · Europe finishes its part of the ITER fusion reactor
The last of Europe's five vacuum vessel sections just reached France, completing a 15-year manufacturing effort.
@thedailyfathom.bsky.socialBIOTECH · Vaxcyte's vaccine beats rivals in late-stage trial
VAX-31 matched or beat Pfizer's Prevnar 20 head-to-head in a Phase 3 study, sending Vaxcyte's stock soaring.
@thedailyfathom.bsky.socialCRYPTO · CFTC proposes federal rules for leveraged crypto trades
The agency's first real crypto rulemaking would let exchanges register to offer leveraged trades, as Congress stalls on crypto law.
@thedailyfathom.bsky.socialAI · Nvidia-backed Reflection unveils Beam to rival China
Beam is Reflection's first free AI model, built to compete with China's top open models instead of America's paid ones.
@thedailyfathom.bsky.socialSPACE · UAE unveils asteroid probe for 2028 deep-space launch
Sheikh Hamdan unveiled the finished probe, set to launch in 2028 on a 5-billion-km trip past seven asteroids.
@thedailyfathom.bsky.socialENERGY · Tories vow to override Scotland's nuclear power ban
Shadow energy secretary Andrew Bowie says a Conservative government would pass a law forcing new nuclear plants into Scotland.
@thedailyfathom.bsky.socialBIOTECH · CSL pays $355M for Alentis' kidney and liver drug deal
The Australian drugmaker will pay up to $1.6 billion to develop a new treatment for rare kidney and liver diseases.
@thedailyfathom.bsky.socialCRYPTO · OKX and NYSE owner file to trade stocks as crypto tokens
OKXICE wants to let crypto traders buy and sell 63 real NYSE stocks around the clock, under a brand-new SEC exemption.
@thedailyfathom.bsky.socialAI · Trump names Jay Clayton czar of new Super Intelligence Force
Clayton, already the top U.S. intelligence official, now also leads a new task force steering how Washington handles AI.
@thedailyfathom.bsky.socialENERGY · Data centers are driving up power bills in South Carolina
Santee Cooper's new energy plan leans on a $5 billion gas plant to keep up with data centers' soaring demand for electricity.
@thedailyfathom.bsky.socialBIOTECH · FDA opens new office to speed up clinical trials
The new office inside FDA's drug-review arm puts AI and real-world data at the center of how new medicines get tested and approved.
@thedailyfathom.bsky.socialCRYPTO · SEC approves first 3x leveraged Bitcoin and Ether funds
The new funds triple Bitcoin and Ether's daily moves, gains and losses both, a riskier bet than anything crypto investors could buy before.
@thedailyfathom.bsky.socialAI · Google: Starship needs 1,800 flights for space data centers
Google's first orbital AI chip test worked, but it says the plan needs Starship flying at a pace no rocket has ever hit.
@thedailyfathom.bsky.socialSPACE · Falcon Heavy flies first mission for US spy agency
SpaceX's triple-core rocket launched a classified NROL-97 satellite for the National Reconnaissance Office, its first-ever NRO flight.
@thedailyfathom.bsky.socialENERGY · Newsom signs California bills for cheaper home power
New laws let households use virtual power plants and plug-in solar to cut electric bills as California rates spike.
@thedailyfathom.bsky.socialBIOTECH · FDA approves heart drug Camzyos for kids as young as 12
Camzyos becomes the first drug of its kind approved for adolescents with a dangerous thickened-heart condition.
@thedailyfathom.bsky.socialCRYPTO · NEAR Intents identifies hacker, gives 48-hour deadline
The DeFi platform says it knows who stole $3.8 million and is daring them to return it before going public.