Author: Admin

Six twentysomethings in East London have built what they say is the anti-San Francisco hacker house. The goal is a “holistic improvement in life,” rather than “12 weeks, Demo Day is coming,” Rowan Aldean, 26, explained.  Intrigued, I spent an afternoon visiting the house, meeting its residents, and doing a vibe check. I arrived after Aldean escorted me through the clean sidewalks of a new East London development to where the six-story building stood facing the water.  The house is called the London Island Founder House — or “Lift House” — and Aldean and his wife, Zahraa, 22, an upcoming…

Independent broker/dealer Cetera has hired two executives for its registered investment advisor channel from competitors.Torrance Chaplin, formerly of Primerica, will be the community leader of Cetera Investors, and Sean Marrin, formerly of Raymond James, will be the community leader of Cetera’s RIA Network.According to San Diego-based Cetera, Chaplin and Marrin will lead advisor engagement, drive community growth and advocate for financial professionals across their respective channels, with a focus on recruiting, retention, advisor productivity and sustainable business growth.“Torrance and Sean are proven leaders who have dedicated their careers to helping financial professionals and businesses thrive,” said Jennifer Hanau, president of…

Silicon Motion Technology (SIMO -0.59%) left little doubt about memory chip demand when it reported second-quarter results. It was reasonable for bullish investors to expect outperformance after Micron more than quadrupled its year-over-year revenue, but the results still caught some people off guard. It wasn’t just a win for Silicon Motion. Q2 results imply that growth will continue throughout the year and stretch beyond 2026. Here’s what investors should know. Image source: Getty Images. Analyzing the results Silicon Motion specializes in key memory products, including NAND flash controllers, eMMC and UFS controllers, and solid-state drives. Back when the company reported…

Despite a lawsuit from xAI, a Minnesota ban on apps that allow users to “nudify” images can move forward, according to NBC News. U.S. District Judge Donovan Frank’s ruling focused as much on the timing of xAI’s lawsuit as on the substance of the law itself. Frank wrote that xAI filed its request for a temporary restraining order “on July 29, 2026, nearly three months after the law was signed, and only three days before the law is set to take effect” on August 1. “Such a delay in bringing the action and the motion suggests that harm is not…

Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO Jason Bonfig, who spoke exclusively with CNBC about his strategy for the company.The company has been struggling with slumping sales over the past few years, which it has attributed to lower consumer confidence, less tech innovation and a slower housing market. In an effort to refresh its products, improve the customer experience and drive more sales, the retailer announced Bonfig will succeed current CEO Corie Barry this fall.As he prepares to take the helm, Bonfig has said he’s focused on…

Asset manager Grayscale plans to establish regular cash distributions from rewards generated by its Ether (ETH) and Solana (SOL) staking exchange-traded products (ETPs), giving holders recurring access to yield generated by underlying assets. In Form 8-K filings submitted to the US Securities and Exchange Commission (SEC), Grayscale said it intends to amend the trust agreements governing the Grayscale Solana Staking ETF (GSOL) and the Grayscale Ethereum Staking ETF (ETHE) around Aug. 7. The amendments would require each trust to convert staking rewards into cash no less often than quarterly and distribute net proceeds to shareholders. The framework could make staking returns more…

Latest NewsPublishedAug 1, 2026Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.Galaxy Research, the research arm of crypto investment company Galaxy Digital, identified 1,196 addresses linked to the Coldcard wallet incident that lost 1,082.65 Bitcoin, worth about $70.2 million at the time of the transactions.Galaxy Research traced the Bitcoin movements between 1:10 AM and 1:51 AM UTC on July 30 across blocks 960,183 to 960,191, about 30 hours before Coldcard published its first security advisory, according to an X post on Friday.Earlier preliminary analysis of the Coldcard…

An affiliate of a political action committee (PAC) funded largely by contributions from cryptocurrency companies Ripple Labs and Coinbase has poured more cash into ads for next week’s primary race in Michigan’s 13th Congressional District.According to Federal Election Commission (FEC) filings as of Thursday, the Protect Progress PAC had spent more than a combined $2 million on media to support Michigan Representative Shri Thanedar in the state’s 13th district and oppose his Democratic challenger, Donavan McKinney. The most recent filings effectively doubled what the PAC had reported spending a week prior, with an additional $884,240 on ads to support Thanedar and…

Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on July 29 and shutting down its network on Aug. 13.“Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success,” Dango said in a Friday X announcement.Dango founder Larry Liu added that the team faced cash shortages, legal challenges that slowed momentum, the loss of team members, and broader market conditions.Dango launched its mainnet in January after raising $3.6 million in a 2024 seed round led by Hack VC and Lemniscap. It rolled…

Decentralized exchange aggregator 1inch announced Aqua, a protocol aimed at unifying the liquidity pools of numerous markets in the decentralized finance ecosystem.According to Tuesday’s announcement, Aqua allows liquidity providers to authorize several strategies against one wallet inventory, while the assets remain in the wallet until a trade settles, rather than depositing the funds to any particular liquidity pool. The protocol has been deployed on 13 blockchains including Ethereum, Arbitrum, Base, Robinhood Chain and BNB Chain.1inch aquaSource: 1inchThe protocol provides an integrated package including a generalized onchain registry, wallet-backed automated market making strategies, atomic settlement and consumer-facing position management. Liquidity becomes…