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News
AI firms boost hiring, funding amid sector boom; Anthropic eyes valuation rise
10+ hour, 48+ min ago (427+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Bond traders favor French bank bonds over government debt as sovereign risk climbs
17+ hour, 2+ min ago (403+ words) French covered bonds now trade below OATs as the country's debt load and political uncertainty push investors toward collateralized alternatives. In most markets, government bonds are the boring, reliable baseline. They are the thing everything else is priced against. So…...
BaFin places Bank Sepah's Frankfurt branch into insolvency over sanctions fallout
17+ hour, 13+ min ago (298+ words) Germany's financial regulator pulled the plug on Iran's state-owned bank branch after it could no longer repay customer deposits Germany’s top financial watchdog, BaFin, declared the Frankfurt branch of Iran’s state-owned Bank Sepah insolvent on September 10, triggering a formal liquidation…...
Truflation reports US inflation at 2.33% while the BLS says 3.4%
17+ hour, 37+ min ago (479+ words) A real-time data platform using millions of daily price points is showing a very different inflation picture than the government's official figures. The US government says inflation is running at 3.4%. A data platform processing up to 35 million price points per…...
Anthropic AI warning raises tech industry concerns amid IPO plans
17+ hour, 47+ min ago (407+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Polymarket predicts 83% chance of Fed rate hike on September 16
18+ hour, 9+ min ago (312+ words) A hotter-than-expected CPI print sent prediction market odds surging past 80%, with over $190 million wagered on the outcome The Federal Reserve’s September meeting just went from “maybe” to “almost certainly.” Polymarket bettors are now pricing in an 83% probability that the Fed…...
Federal Trade Commission targets Amazon's Project Nessie in antitrust suit
19+ hour, 9+ min ago (459+ words) The FTC alleges Amazon's internal pricing algorithm generated over $1 billion in excess profits by anticipating and exploiting competitor behavior The Federal Trade Commission’s antitrust case against Amazon centers on an internal pricing algorithm with a mythical name and very real…...
Apollo winds down products at Eliant Trade Finance platform after rough year for inventory financing
1+ day, 7+ hour ago (216+ words) Apollo Global Management is pulling the plug on certain invoice-financing products at its Eliant Trade Finance platform, a strategic retreat driven by what sources describe as a difficult stretch for the inventory financing market. The wind-down, disclosed on September 11, specifically…...
Oracle promotes new co-CEOs at upcoming user conference, omits Ellison
1+ day, 7+ hour ago (443+ words) The enterprise software giant is putting Clay Magouyrk and Mike Sicilia front and center while its legendary founder steps further into the background Oracle logo on dark (Wikimedia Commons, public domain) Oracle’s upcoming user conference in October will spotlight co-CEOs…...
Russia boosts state reinsurer capital amid ongoing Ukrainian attacks
1+ day, 9+ hour ago (81+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...