🎥 “You’re going to get some of that, but you’re getting this incredible innovation.”
@Bullish CEO @ThomasFarley calls for regulators to keep “tending towards innovation.” (CoinDesk)
Nvidia will pay $6 billion to Poolside for a non exclusive license to the Model Factory model development system and offer to 109 R&D personnel. Nvidia will invest an additional $1 billion, with a pre investment valuation of $12 billion for Poolside, and the company will maintain independent operations.
[Morgan Stanley Increases Holdings by 320.951 BTC, Total Holdings Reach 6,995 BTC]
According to Arkham monitoring, Morgan Stanley, through its subsidiary MSBT, increased its holdings by 320.951 BTC, investing $21.91 million. The current total holdings amount to 6,995 BTC, valued at approximately $515 million.
[Morgan Stanley Says U.S. Treasury Expands Bond Buyback Program to Signal Focus on Long-Term Rates]
According to Tide Research, a Morgan Stanley report dated August 20 noted that the U.S. Treasury will increase the scale of buyback operations for 10-20 year and 20-30 year Treasury bonds from $2 billion per transaction to at least $4 billion, effective September 9. The combined increase for the two maturities amounts to a nominal value of $1.6 billion, corresponding to approximately $19.3 million DV01. Morgan Stanley believes that the U.S. Treasury's decision to expand buybacks outside the quarterly refinancing window is intended to signal to the market its focus on the dynamics of long-term interest rates. The recent rise in 10-year Treasury yields reflects the market's repricing of energy costs and central bank policy paths, rather than concerns over deficits or supply.
Chainlink CEO Sergey Nazarov stated at the CFTC Innovation Advisory Committee meeting in the United States that the country needs to accelerate its financial system on chain to maintain its global financial dominance, otherwise innovation and market advantages will be lost.