🇮🇷🇨🇳 America sanctioned a Chinese refinery for buying Iranian oil. The refinery switched to yuan. Problem solved.
That's the whole story of what's happening to U.S. financial power right now.
The dollar's dominance gave Washington the ability to police global commerce; dollar transactions run through American banking infrastructure, which means the U.S. can see them, freeze them, sever them.
Beijing spent the last decade building a system where none of that applies.
Iran made $43 billion selling oil in 2024 under full U.S. embargo. Russia runs 90% of its China trade outside the dollar. China's CIPS network is processing $115 billion a day. mBridge settles payments between central banks in digital yuan: no SWIFT, no U.S. banks, no U.S. oversight.
Washington is sitting at a negotiating table offering Tehran unfrozen dollars as the big incentive.
But Tehran already has yuan.
Source: WSJ via @clashreport / Writer: Oliver
STARMIND sounds like something from a sci-fi movie.
Naturally, SpaceX set its mind to make it real.
Starlink connects the world from space.
STARMIND would run AI from space.
Solar-powered orbital compute, laser-linked satellites, and eventually a massive xAI network above Earth.
Starlink's wi-fi connection went into orbit first.
Now the xAI brain wants a launch window.
@SpaceX / Writer: Annette, Designer: Janné
Elon Musk: "Who does Bill Gates think he is to make comments about the welfare of children, given that he frequented Jeffrey Epstein? I wouldn't want that guy to babysit my kid."
𝕏 Money is officially rolling out 🔥
The first wave of U.S. Premium+ users are now getting early access, with rollout notifications already appearing.
Early testers are also receiving limited-time perks while 𝕏 collects feedback ahead of wider expansion.
This is a major step toward turning 𝕏 into an everything app that combines social media, payments, and financial services in one place.
Writer: Val
JUST IN: Michael Saylor's 'Strategy' currently has a $14,000,000,000 unrealized loss on its Bitcoin investment.
Tom Lee's 'Bitmine' currently has a $10,500,000,000 unrealized loss on its $ETH investment.
🚨 CHINA LE ROBÓ LA IA A ANTHROPIC.
Y lo hicieron durante 45 días seguidos.
Anthropic acaba de acusar a Alibaba de lanzar el mayor ataque de robo de IA de la historia.
El objetivo: extraer las capacidades de Claude… sin pagar ni un dólar.
Cómo lo hicieron:
→ Crearon casi 25.000 cuentas falsas
→ Ejecutaron 28,8 millones de conversaciones con Claude
→ Todo entre el 22 de abril y el 5 de junio de 2026
El método se llama “ataque de destilación”.
Básicamente: entrenan tu propio modelo… con las respuestas del modelo de tu competidor.
Anthropic tiene a Claude bloqueado en China.
Alibaba encontró la forma de saltárselo igualmente.
Y no fue solo Alibaba.
DeepSeek, Moonshot AI y MiniMax también están en la lista.
Anthropic ya envió una carta al Senado y a la Casa Blanca.
Piden medidas urgentes.
La guerra por la IA no es solo tecnológica.
Es una guerra de espionaje industrial.
Y acaba de hacerse pública.
🇻🇪 Venezuela is about to admit it owes $240 billion, far more than anyone expected, in what would be the largest debt restructuring the world has ever seen.
Markets had penciled in $150 to $200 billion, so the real number lands well above even the high end.
The economy has cratered to around $100 billion, down from $370 billion in the final year of the Chavez era, putting debt at more than double the size of the whole economy.
Interim leader Delcy Rodriguez wants a deal with creditors by year-end to get Venezuela back into global markets after nearly a decade frozen out.
One wrinkle worth watching is that the usual referee, the IMF, didn't write the analysis this time, and even some of the opposition worry that leaves Caracas weaker at the table.
Source: FT / Writer: Julie
JUST IN: Elon Musk is down $150 billion from his net worth today after SpaceX $SPCX falls 16%.
He is now worth $1.1 trillion.
For reference: Warren Buffet ($145B) is worth less than what Elon's net worth fell in a single day.
BREAKING: Anthropic’s Mythos AI has reportedly breached almost all of NSA classified systems within hours of beginning the test.
This newly disclosed information sheds light on the recent U.S. government's urgent export ban on the flagship models, as cyber security fears mount.
JUST IN: 🇺🇸 US government orders Anthropic to suspend foreign access to Mythos Fable 5 AI model, citing national security concerns.
Anthropic has disabled access for all users worldwide.