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Former FTX member Leopold Aschenbrenner’s $20B AI fund blows up

The AI hedge fund of ex-FTX Future Fund worker Leopold Aschenbrenner is asking investors for more capital to meet margin calls.

US sanctions firms behind Iran’s Strait of Hormuz BTC insurance scheme

Iran’s BTC insurance scheme would reportedly generate over $10B in revenue for the country and help it maintain control over the Strait.

Strategy’s basic mNAV stood at 2.04x two years ago. On Wednesday it read 0.68x, a decline of exactly two-thirds.

CDS spreads are deteriorating across mega-cap AI stocks including Alphabet, Amazon, Meta, and SpaceX, which all hit record spreads this week.

The Iranian CyberAv3ngers hacker collective is the main suspect in a series of attacks that hit 30 water firms across Minnesota this week.