25m ago
Trump faces federal lawsuit over paid early access to Truth Social posts as Trump Media weighs prediction-market data licensing
President Donald Trump is facing a federal lawsuit challenging a paid service that provides early access to certain Truth Social posts. Trump Media said it has signed more than 10 customer agreements, largely with high-frequency trading firms paying about $60,000 to $100,000 per month. The suit contends that some posts amount to the first public notice of official government decisions, raising claims of unequal access to government information. The company has also said it is evaluating licensing its data to prediction markets.
25m ago
49m ago
Oil edges up as US threatens indefinite Iran naval blockade; gold falls below $4,400
Commodity markets were mixed on August 14. Oil prices ticked higher after the U.S. threatened to maintain a naval blockade of Iran indefinitely, stoking supply concerns, with Brent at $87.16 and WTI at $81.29. Gold slipped below $4,400 as signs of easing inflation reinforced expectations the Federal Reserve will hold rates steady next month, with prices hitting $4,343.91 on Thursday. Silver, platinum and palladium also declined, while the dollar index hovered around 99.9 as markets reassessed the Fed’s rate path.
49m ago
1h ago
Harmony Protocol confirms unauthorized ONE minting, suspends bridge services after August 12 incident
Harmony Protocol said an unauthorized ONE minting incident occurred on August 12. Initial analysis put the minting at 4000000000 ONE, but a later on-chain reconstruction found about 3010000000000 ONE was issued to four attacker wallets through six forged crossshard transactions. The team said it has fixed the crossshard receipt verification flaw and a quorum verification bug for the prestaking committee, and deployed Mainnet v2026.1.1 at 06:30 (UTC+8) on August 12. It is preparing to roll back the network to block 92,730,034 and has suspended bridge services.
ONE
ONE-9.63%
1h ago
1h ago
Harmony says CrossShard receipt replay bug enabled unauthorized minting, including 400 million ONE
Harmony said a CrossShard Receipt Replay bug allowed valid receipts to be processed multiple times, minting new tokens without corresponding deductions. The network initially confirmed 400 million ONE in unauthorized minting, while forged crossshard issuance totaled about 3.01 trillion ONE, with the team still verifying the data, according to Foresight News. Harmony said an emergency patch activated on August 12 fixed the issue and crosschain services have been paused. The team is coordinating with validators and exchanges on a rollback targeting block 92,730,034, with Shard 0 paused to support the operation.
ONE
ONE-9.63%
1h ago
1h ago
Fed’s Beth Hammack calls for immediate rate hikes, putting crypto and U.S. stocks on alert
Federal Reserve official Beth Hammack said current borrowing conditions are not restraining inflation enough and argued for immediate rate hikes to bring inflation back toward the 2% target. Separately, the U.S. Producer Price Index (PPI) rose 4.7% year over year in July, below the 4.9% forecast and down from 5.5% in June. After the data, bitcoin traded above $63,600 while ether was below $1,900. Markets remain cautious about how further monetary tightening could affect crypto assets.
BTC
BTC-0.13%
1h ago
1h ago
OpenAI annualized revenue run rate tops $40 billion as Wall Street debut plans advance
OpenAI’s annualized revenue run rate has climbed above $40 billion, roughly doubling from the end of 2025, as the company moves ahead with plans for a Wall Street listing. Internal disclosures indicate the run rate rose more than 20% month over month in July. OpenAI ended last year with more than $20 billion in annualized revenue, and rival Anthropic said in May its run-rate revenue had crossed $47 billion, though the two firms may calculate the metric differently.
1h ago
2h ago
SharpLink to stake $200M in Ethereum via Lido, adding wstETH to expand DeFi yield strategy
Nasdaq-listed SharpLink said it will stake $200 million worth of Ethereum through Lido and receive wstETH to expand its DeFi yield approach. As of Aug. 3, the company held 888,938 ETH, and staking generated $11.2 million of revenue in the second quarter. Lido has about $16.5 billion of ETH staked, and wstETH is integrated across more than 100 protocols with roughly $10 billion in active collateral use. SharpLink also has a $125 million onchain yield fund with Galaxy Digital and investments tied to Ethereum infrastructure, privacy and institutional adoption.
ETH
ETH+0.12%
2h ago
2h ago
Asia-Pacific stocks climb as Kospi jumps 3% and Nikkei gains 1.68% on easing Fed hike bets
The US June PPI slowed to 4.7% year on year, below expectations, and together with earlier weaker jobs data pushed market pricing for a September Fed rate hike to below 40%. US stocks closed higher overnight on the shift in rate expectations. Asia-Pacific markets followed, with South Korea’s Kospi up as much as 3%, Japan’s Nikkei 225 up 1.68%, and the MSCI Asia Pacific Index up 0.4%.
2h ago