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8/6
15:29
This update includes the acceptance of a proposal to automate the expansion of account data size when modifying Solana programs, and a discussion on prohibiting self-withdrawal from vote accounts to address an existing vulnerability. Additionally, the Agave client has undergone more consistency work in instructions, VM syscalls, serialization, and transaction execution, and has improved Leader Turbine's broadcast caching and routing table reconstruction. The Firedancer client has implemented snapshot creation functionality and will support QUIC datagrams for enhanced performance. The Mithril client is also synchronizing with Agave's consistency suite.
15:26
Micron Technology's stock erased its intraday losses and clawed back, bucking the broader memory-chip selloff that saw shares of Sandisk and Western Digital decline.
15:14
Armstrong explained that Coinbase leverages a common platform, encompassing custody, licenses, exchange liquidity, stablecoin, and fiat integrations, to power all its products. This approach allows the company to serve diverse customer segments, including retail, advanced traders, businesses, institutions, and developers, while working towards its mission of increasing economic freedom.
15:12
Base creator Jesse Pollak stated that under new leader Jordan "Cobie" Fish, the Base app will broaden its scope to incorporate assets and features from other blockchains, shifting away from its previous focus on the Base ecosystem. Pollak will now refocus on the underlying Base blockchain, which is seeing growing demand across tokenization, trading, payments, and financing, with nearly $5 billion in DeFi assets and over $1 billion in daily trading volume. Pollak views recent blockchain launches from companies like Robinhood and Stripe as "validation" of Base's strategy.
15:02
Gold and silver prices dropped, snapping two- and three-day winning streaks, respectively.
15:01
Previously, Chipotle stopped serving jalapeños in some restaurants due to a salmonella investigation. Analysts pointed out that historical experience shows that the impact of foodborne illnesses on restaurant sales is often temporary, and Chipotle seems to have handled the issue quickly, so no long-term damage to the brand is expected.
14:58
Oksana Aronov, head of alternative fixed income strategies at JPMorgan Chase Asset Management, said in a Bloomberg interview that central banks are expected to raise interest rates if inflation continues to rise. She also discussed the impact of U.S. Treasury issuance on market volatility.
14:52
EY-Parthenon believes the labor market remains stable and is unlikely to shift the Fed's focus, even after Friday's jobs report. The firm states that only broader, more persistent inflation or a meaningful reacceleration in hiring would justify further rate hikes. Wall Street expects July payrolls to rise 83,000.
14:34
Iranian Parliament Speaker Ghalibaf stated that "theater diplomacy" will not work, criticizing U.S. tactics. He described the U.S. approach as using "bullying + broken promises + fake news as leverage," calling it a "failed strategy." Ghalibaf urged the U.S. to acknowledge facts and fulfill its commitments, adding that more "theater" is not needed.
14:27
A genomic language model has created the first synthetic viruses, demonstrating its huge potential to redesign organisms such as bacteria.
14:26
US spot Bitcoin ETFs have seen a week-long streak of inflows, coinciding with the Coldcard wallet exploit. A Bloomberg analyst noted the surge but stated the link between the two events remains unclear, fueling debate over whether some investors are shifting away from self-custody.
14:17
Bank of America reports that lower-income households saw 3% year-over-year job growth in July, compared to 1% for higher-income workers. Additionally, after-tax wage growth for lower-income households reached 5.2%, surpassing the 4.2% for higher-income households for the first time since December 2024. The bank suggests that stronger wage gains, coupled with solid productivity growth, are supporting consumer spending without necessarily increasing inflation.
14:10
The new Pictet AI Enhanced US Equity ETF (PQUS) utilizes a machine learning model trained on hundreds of stock characteristics to generate short-term return forecasts across the S&P 500. The fund constructs a benchmark-aware, risk-managed portfolio designed to capture small pricing anomalies that traditional methods may miss, offering a blend of passive and active investing strategies.
14:09
The DePIN project Vangrid raised $9 million in a token round. Its contributors are currently paid bounties, and a token is planned for later this year.
14:08
Trump is expected to hold a phone call with Saudi Crown Prince Mohammed bin Salman to discuss Iran, according to U.S. officials. Saudi Arabia has played a key role in efforts to de-escalate Gulf tensions and has urged the U.S. to pursue diplomacy with Iran.
14:05
New York Fed President John Williams stated that he does not believe the current situation is a "bubble" but rather excitement and enthusiasm surrounding new technologies. He added that despite increased borrowing, he is not currently concerned about financial stability risks. However, Kansas City Fed President Jeff Schmid questioned whether the industry is becoming "too big to fail" and expressed concerns about funding flows and their potential ripple effects. San Francisco Fed President Mary Daly also noted that the situation is "very concerning" based solely on growth rates and investment scale, emphasizing the need for the Federal Reserve to establish a risk "dashboard" to monitor potential issues.
14:04
CFRA lifted its 2026 S&P 500 year-end target to 8,050 from 7,400, implying about 4% upside from current levels. The firm also sees the index reaching 8,650 in 2027, citing strong earnings, resilient consumers, easing oil prices, AI investment, and favorable midterm election seasonality.

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