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Brian Armstrong predicts major AI crisis could be 1-2 years away
TheStreet1d agoneutral
Brian Armstrong predicts major AI crisis could be 1-2 years away

Coinbase CEO Brian Armstrong thinks a rogue AI moment may be coming, and he is surprisingly calm about it. In a post on X, Armstrong said he would not be surprised if an AI model “goes rogue on the internet” within the next year or two, drawing a direct parallel to the Morris Worm that hit computer ...

Robinhood Ventures Fund II opens startup investing to retail
Proactive1d agoneutral
Robinhood Ventures Fund II opens startup investing to retail

Robinhood Markets Inc (NASDAQ:HOOD) has raised $225.5 million for a new publicly traded fund that gives everyday investors exposure to private startups. The trading and investment company priced the initial public offering of Robinhood Ventures Fund II at $25 per share on the New York Stock...

SEC Delays Vote on Exemptions for Crypto Fundraising
Cryptonews1d agoneutral
SEC Delays Vote on Exemptions for Crypto Fundraising

In SEC crypto news today, the Securities and Exchange Commission canceled its August 14 open meeting, which had been scheduled to consider whether to propose new crypto-related rules. An SEC spokesperson said the meeting would be moved due to an unforeseen scheduling issue, and no replacement date was announced. What ...

Why Wintermute is pushing $1 Billion into traditional markets
Yahoo Finance Video2d agoneutralVIDEO
Why Wintermute is pushing $1 Billion into traditional markets

Why is crypto market maker Wintermute making a major push into traditional markets with plans to deploy $1 billion? Scott Melker breaks down what’s behind the move and why Wintermute is expanding beyond crypto. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Robinhood's second venture fund debuts, drawing retail money into private markets
Reuters2d agoneutral
Robinhood's second venture fund debuts, drawing retail money into private markets

Robinhood's second venture fund debuted on Thursday, giving retail investors access to early-stage startups that have traditionally been ‌out of reach for all but venture capital firms and wealthy ‌investors. The fintech company raised $225.5 million in the initial public offering of Robinhood Ventures Fund II, which will ​invest in early- and growth-stage private companies. Robinhood shot to prominence in 2021 by democratizing investing for mom-and-pop investors with commission-free trading.

Why Is Coinbase Global (COIN) Juggling New York Legal Risk And Abu Dhabi Growth?
Simply Wall St.2d agoneutral
Why Is Coinbase Global (COIN) Juggling New York Legal Risk And Abu Dhabi Growth?

Coinbase Global (NasdaqGS: COIN) faces heightened regulatory scrutiny as the New York City Council opens an investigation and the New York Attorney General pursues lawsuits into the company's activities in a key US market. At the same time, Coinbase Global is expanding into tokenized securities through a new regulated hub in Abu Dhabi that aims to support digital securities activity and strengthen its presence in the UAE. These developments combine a rising legal and compliance burden in the...

2 S&P 500 Stocks with Exciting Potential and 1 We Question
StockStory3d agoneutral
2 S&P 500 Stocks with Exciting Potential and 1 We Question

The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.