Fed’s Waller backs July rate cut and warns delay could hurt economy

BIG: Anthropic rejected the Pentagon’s final offer ahead of the Defense Department’s deadline in a standoff over conditions governing the military use of its AI software.

Venezuela's Oil Sales Expected to Reach 40 Million Barrels by February End

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "we created Midnight City because if we're successful with $NIGHT, it's hard to see it, it's a privacy coin, so we wanted to create something where you can see something and can interact with the network in a very human way."

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "Midnight City will be the 1st place that we deploy Nightstream on, which is our lattice-based folding system. It'll be the 1st implementation of a lattice-based folding system at scale to be put into a production network."

🇺🇸 JUST IN: The US OCC proposed rules to restrict branded stablecoins and ban yield rewards.

JUST IN: #Cardano $ADA Founder Charles Hoskinson on Midnight City, says "every agent has a place, it has a purpose. It's a beautiful little world, it's open to everyone, it's powered by Midnight. It can do thousands of transactions every second." $NIGHT

JUST IN: #Cardano $ADA Founder Charles Hoskinson on Midnight City, says "you'll see transactions happening in real-time. These agents are quite unpredictable. They talk to each other, they have jobs, they live in various places, and they transact with each other."

JUST IN: #Cardano $ADA Founder Charles Hoskinson says Midnight City is a "real-time agentic civilization. All these little things moving around are actual AI agents. When you click on them you can see all the TXs they're involved in. They're using a private stablecoin." $NIGHT

UPDATE: Jack Dorsey said Block will cut nearly half its workforce from over 10,000 to about 6,000 employees as the company shifts toward smaller teams and greater use of AI-driven tools.