Australia’s financial crime watchdog suspended crypto ATM operator Cryptolink Pty Ltd for three months, forcing the firm to shut down 96 machines across the country. The Australian Transaction Reports and Analysis Centre, known as AUSTRAC, said the suspension took effect Aug. 9. Cryptolink cannot provide virtual asset services while the…
How Warren Buffett could be a huge winner from the AI revolution
Image source: The Motley Fool Warren Buffett’s investment company, Berkshire Hathaway (NYSE: BRK.B), doesn’t have a lot of exposure to AI stocks. Currently, most of the portfolio is invested in ‘old economy’ stocks such as banks, insurers, oil companies, and consumer goods businesses. This doesn’t mean that Berkshire won’t benefit…
Bitcoin slips as corporate BTC enthusiasm moves to AI
Bitcoin slipped 2% to about $64,200 on Monday, dragged down less by any single catalyst than by the corporations that once championed it turning their attention to AI, says Alex Kuptsikevich, chief market analyst at FxPro. The wider market fell 2% to $2.18 trillion, with roughly ten coins falling for…
Small-business hiring plans surge, but job gains remain subdued (SP500:) (SH:NYSEARCA)
Richard Drury Small-business hiring plans surged in the latest NFIB survey, while actual U.S. job gains remained subdued, according to a Deutsche Bank analysis. NFIB hiring plans for the next three months rose sharply to around 20%, a multi-year high, after falling to roughly Source link
ACV forecasts $219M-$225M Q3 revenue while launching ViPR and keeping 2026 adjusted EBITDA at $73M-$77M (NYSE:ACVA)
Earnings Call Insights: ACV Auctions (ACVA) Q2 2026 Management View “We delivered record revenue with adjusted EBITDA exceeding the high end of guidance,” and “we continue to gain market share,” with “211,000 vehicles in the quarter,” said CEO George Chamoun. Seeking Alpha’s Disclaimer: This article was automatically generated by an…
A $2 trillion asset class is getting a new blockchain rail
ADI Chain’s job is to turn those deals into blockchain tokens and handle payments using stablecoins (digital tokens pegged 1-to-1 to real currencies like the UAE dirham or the U.S. dollar), so money moves instantly without a traditional bank wire. For now, this is aimed at “qualified institutional participants,” or…
SpaceX reclaims IPO price; Cathie Wood’s ARK Invest defends bull case (SPCX:NASDAQ)
Sven Piper/iStock Editorial via Getty Images SpaceX (SPCX) shares closed 4.2% higher at $138.74 on Monday, moving back above the company’s $135 IPO price for the first time since July 16. The stock had closed below its IPO price for several weeks after first slipping under Source link
Changing Careers? Gave Yourself a Hard No? #shorts
By Jeff Altman, The Big Game Hunter Click here if the video does not play properly. Oh, the tricks we sometimes play on ourselves. When you’re changing careers, sometimes the hard no is one of those tricks. Better Than Applying Through The ATS Should You Apply If They’ve Interviewed A…
BTCPay offers $190,000 bounty after bitcoin payment servers drained in exploit
Node provider BTCPay Server said Tuesday it is funding a bounty for the return of bitcoin stolen from merchants last week, offering 10% of whatever is recovered up to a maximum of 3 BTC, worth roughly $190,000 at current prices. The offer is open to anyone with useful information, including…
Bitcoin’s BIP-110 fork is 300 blocks behind BTC and six years from fixing itself
Bitcoin’s ledger is a chain of blocks, each one a batch of transactions added by miners, firms running warehouses of specialised computers that compete to produce the next one. They are paid in newly issued bitcoin plus the fees attached to those transactions, and a block arrives roughly every ten…