[Brief] Amazon Founder Bezos Says AI Will Create More Jobs, Not Replace Humans
Amazon founder Jeff Bezos says AI will create labor shortages rather than mass unemployment, arguing it will generate new jobs and demand.
Amazon founder Jeff Bezos says AI will create labor shortages rather than mass unemployment, arguing it will generate new jobs and demand.
On-chain data shows Bhutan transferred approximately $34.5 million in bitcoin to Binance exchange, with holdings falling below 1,750 BTC.
Illinois added a 0.2% tax on digital asset holding and transfers in its state budget at the last minute, drawing strong opposition from the crypto industry.
SpaceX Dragon cargo capsule successfully splashed down off the California coast after completing its resupply mission to the International Space Station.
The Federal Reserve unanimously held rates at 3.5%-3.75% in new Chairman Kevin Warsh’s first decision. The policy statement and updated projections took a hawkish turn, signaling fewer rate cuts this year.
Rating giant Moody’s has deployed credit ratings directly on the Solana blockchain, embedding credit scores into tokenized securities to boost institutional adoption of on-chain assets.
The Federal Reserve convened its fourth FOMC meeting under new Chair Kevin Warsh. Markets widely expect rates to hold steady but investors are focused on the new chair policy signals. The Nasdaq 100 is positioned for a rebound.
G7 leaders issued a joint statement endorsing the US-Iran peace framework agreement while Ukraine was reintroduced as a core summit topic marking a significant shift in diplomatic dynamics.
Israel launched new strikes on Lebanon while President Trump publicly criticized PM Netanyahu at the G7 summit urging greater responsibility marking a rare break in US diplomatic restraint.
Major U.S. gaming industry groups sent a letter to the Senate calling for an explicit ban on sports and casino-style prediction markets in the crypto market structure bill under consideration.