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Crypto Briefing is a leading independent crypto media organization delivering relevant news and in depth research to those who are serious about cryptocurrency and web3. Since 2017, our team of crypto experts have provided unbiased reviews, breaking news, forward-looking market analyses, and comprehensive research to h
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News
Blackstone builds dedicated AI investment unit in San Francisco with $150B already deployed
33+ min ago (414+ words) The world's largest alternative asset manager consolidates its AI bets under a new San Francisco-based platform called BXN1 Blackstone, the $1 trillion alternative asset giant, has decided that its AI ambitions deserve their own zip code. The firm launched a new dedicated…...
Anthropic secures $517B in AI compute deals with Amazon, Google over 10 years
37+ min ago (411+ 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,…...
US faces $7.5T Treasury debt refinancing challenge this year amid rate hikes
43+ min ago (137+ 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,…...
Mexican authorities uncover illicit crypto mining operation linked to cartels
1+ hour, 24+ min ago (386+ words) A raid in Puebla's remote mountains seized roughly 300 GPUs from a facility allegedly siphoning electricity from a federal hydroelectric dam Hidden in the Sierra Norte mountains of Puebla, Mexico, a crypto mining farm was quietly doing two things at once:…...
AI leaders pause development over safety concerns: Axios
1+ hour, 28+ min ago (420+ 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,…...
Federal Reserve rate hike is about Wall Street, not inflation, economist argues
1+ hour, 34+ min ago (334+ words) With futures pricing in an 85% chance of a September hike, critics say the Fed is responding to market pressure rather than price data. But at least one economist is pushing back on the standard narrative. The argument: this hike is…...
Long-term US unemployment rate rises to 27% despite strong August hiring
1+ hour, 50+ min ago (382+ words) The share of Americans unemployed for six months or longer climbed to 27%, even as the economy added nearly three times the expected number of jobs The US economy added 162,000 jobs in August, crushing the consensus estimate of roughly 56,000. The headline…...
US, UK, and Japan face pivotal rate decisions as oil prices and bond yields surge
1+ hour, 59+ min ago (537+ words) Three major central banks set to announce policy moves within 72 hours as inflation pressures mount from the US-Iran conflict and turbulent bond markets Three of the world’s most influential central banks are lining up rate decisions in a single week....
Alphabet's cloud backlog hits $514B after 82% revenue growth
2+ hour, 31+ min ago (286+ words) Google Cloud is now driving nearly half of Alphabet's total revenue growth, outpacing both AWS and Azure by a wide margin. Logo via Wikimedia Commons; treatment-A cover, license to verify on approval Google Cloud just posted an 82% year-over-year revenue jump…...
Iraq: Accused Omid Haji Ahmad is on US sanctions lists for smuggling Iranian oil
2+ hour, 43+ min ago (82+ 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,…...