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BlockTower Capital founder Ari Paul has publicly accused Coinbase of concealing roughly $1 billion in losses from hacks, according to a claim circulating widely on social media. The allegation quickly drew attention across the crypto industry, with commentators debating whether the exchange has downplayed security incidents. Coinbase has not been reported to have confirmed the figures, and no regulatory finding substantiates the claim so far.
- 2Social Media May Give Investors False ConfidenceโSocial Media May Make Investors Feel More Confident Than They Should Be | Newswise
New research highlighted by Newswise suggests that social media use can make investors feel more confident about their financial decisions than their actual knowledge or skills justify. The finding points to an overconfidence gap: people exposed to investing content online may overestimate their abilities, potentially leading to riskier trading, poorly informed decisions, and losses. It adds to ongoing debate about how online financial communities shape retail investor behavior.
- 3Workers question tax breaks for the wealthy as automation fears growโ# Repost @mijobu4life We keep worrying about protecting rich people from taxes while they invest that money into figurin
A widely shared social media post argues that governments keep shielding rich people from taxes even as those same wealthy investors pour money into technology designed to replace workers. The author calls the logic contradictory, tying the debate to trucking, the wider economy and strike action, and inviting discussion about labour rights and economic policy.
- 4Kalshi in Talks to Raise $1 Billion at $40 Billion ValuationโKalshi in Talks for $1 Billion Raise at $40 Billion Valuation
Prediction market platform Kalshi is reportedly in talks to raise $1 billion in new funding at a $40 billion valuation, according to the headline circulating on social media. The figure would mark a dramatic jump for the company, which has been riding surging interest in event contracts trading. Details such as investors and timing have not been confirmed.