Tether, the issuer of USDt — the largest stablecoin by market capitalization — has reportedly scaled back an ambitious $20 billion funding plan announced last fall amid investor skepticism. The company’s advisers have suggested reducing the raise to as little as $5 billion, the Financial Times reported on Wednesday, citing anonymous sources familiar with the … Read more
Chalamet posed on the red carpet with director Josh Safdie and movie co-writer, editor, and producer Ronald Bronstein—Safdie and Bronstein also…followed suit…with the nostalgic vibe, in their own coffee-toned suit and Safdie sporting a geometric tie. While many of Chalamet’s out and about promo looks skew more streetwear (a rainbow of nylon movie merch jackets … Read more
After I started writing this piece, I became hyperaware of the goodbyes in my life. Visiting a restaurant in Brooklyn where I used to work, I remembered that it was customary to kiss regulars on both cheeks, as some Europeans do. I’m not sure who started the ritual, but it became rude to skip it, … Read more
Billy Walters, the author of another recent insider’s account, “Gambler,” didn’t need any pushing. As a self-described “former degenerate gambler,” he never met a massive bet that he wasn’t willing to take—provided, of course, that he could convince himself the odds were on his side. Walters once wagered on which direction a robin would fly … Read more
In June, 1994, I took the F train out to Coney Island to root for my friend Phil, who was skating, solo, in the Gay Games. From the bleachers of the Abe Stark Arena, our college friends cheered wildly as Phil, who was a novice, performed a few simple spins. But the most startling event … Read more
Several layer-2 builders responded after Ethereum co-founder Vitalik Buterin said the original vision of L2s as the primary scaling engine “no longer makes sense,” calling for a shift toward specialization. In a Wednesday post, Buterin argued that many L2s have failed to fully inherit Ethereum’s security due to continued reliance on multisig bridges, while the … Read more
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. European publishing and analytics stocks were under pressure on Wednesday, extending declines from Tuesday’s session after AI company Anthropic’s launch of productivity tools prompted a sell-off among a group of perceived losers from artificial intelligence. Anthropic’s suite … Read more
EXCLUSIVE: Filming is underway on the first installment of intended horror trilogy Rule of Three from Smile, Twilight and Maze Runner outfit Temple Hill and Apocalypse Z: The Beginning of the End firm Nostromo. Joining previously announced Thomasin McKenzie (JoJo Rabbit) is new cast including Chloe East (Heretic), Jimmi Simpson (Westworld), Sutton Foster (Younger), Tom … Read more
From the plant-filled living room that’s almost like a mini greenhouse to the lush backyard outfitted with patio furniture, this home is like your very own secret garden—right in the middle of the city. Luxe amenities, like a smart TV, espresso maker, and outdoor barbecue, will make you feel right at home. And when you … Read more
Coinbase’s Ethereum layer-2 network Base said recent slow or missing transactions were caused by a configuration error that has been fixed. Over the weekend, Base users experienced elevated transaction drops and delays in getting transactions included onchain. Despite the slowdown, blocks continued to be produced and the network remained operational, suggesting that the incident didn’t … Read more