Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled.
The CEO’s the U.S.’s biggest banks all chimed in on the risks of related to the massive AI buildout, but how there’s still no sign that investments need to slow down.
Article URL: https://startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/ Comments URL: https://news.ycombinator.com/item?id=50092664 Points: 13 # Comments: 2
Bank of America, the second-largest US bank, failed to promptly report hundreds of millions of dollars in suspicious transactions bearing signs of Chinese money-laundering networks, US regulators said on Tuesday, announcing more than US$1.21 billion in penalties for broader anti-money-laundering and...
British-Australian mining group Rio Tinto says its Simandou iron-ore operation in Guinea has reached an annualised production pace of approximately 10 million tonnes, marking another step in the expansion of the West African project.
Article URL: https://go.dev/blog/http-connection-reuse Comments URL: https://news.ycombinator.com/item?id=50090369 Points: 3 # Comments: 0
The asset manager's crypto assets surged 63% to $79.6 billion as investors returned, but holdings remain 23% below year-ago levels.
The High Court has upheld former Kiambu Governor Ferdinand Waititus conviction and sentence in the Sh588 million graft case.
Industry leaders urge Kenyan businesses to diversify markets, strengthen supply chains and invest locally to withstand global economic shocks.
Sometimes the smartest AI strategy is slowing down.
Nature, Published online: 14 October 2026; doi:10.1038/d41586-026-03202-z