Nvidia director Mark Stevens sold a record $411M of stock
Nvidia's Mark Stevens has sold $411M worth of stock, already setting an insider selling record, and he plans to sell more.
Aaron Wise
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Effective altruism is back with an ‘anti AI’ campaign
An anti-AI student uprising scheduled for October is hiring, and its organizer has close ties to the effective altruism community.
Every Kraken IPO plan has failed
Kraken first discussed an IPO in April 2021. Nearly six years later, Kraken’s earliest IPO window might now occur in Q2 2027.
Lumber is down 35% since crypto started trading it
After crypto speculators flocked to a momentum trade of lumber in 2021, a check on the current price reveals the folly of crowd psychology.
Caterpillar CEO cashes out early for $26M
Caterpillar CEO Joseph Creed sold shares for $26.21M, 1,646 days before his 2021 options were due to expire.
X Money can’t pay New Yorkers interest, gives them a $300 ‘bonus’ instead
After an NYDFS warning, X Money has replaced “interest” for New York residents with a very non-interest-like $300 “bonus.”
‘Dear God’: Japan’s borrowing costs hit 30-year high
As 30-year Japanese bond yields reached their highest level in decades, a market data vendor gasped at the government’s cost to borrow.
Secret memecoin Nasdaq takeover has a math problem
A memecoin trader claimed to have spent $1.8 million on a secret takeover plan for a Nasdaq stock, then admitted that numbers were fabricated.
— Crypto.com, DeFi
Crypto.com-promoted Tectonic forces Cronos to halt, rewind
Crypto.com promoted Tectonic until it almost drained tens of millions of dollars from its Cronos blockchain.
Metaplanet spent over $45M to lose $1B investing in bitcoin
Metaplanet has spent tens of millions of dollars operating a bitcoin treasury company that has an unrealized loss of more than $1 billion.