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Dan Ives, a Tesla enthusiast, is now the chairman of a company that is stockpiling a cryptocurrency linked to Sam Altman.

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Crypto’s newest craze is attracting some big names—including one of Tesla’s biggest bulls. On Monday, Dan Ives, an analyst at the financial advisory firm Wedbush Securities and one of the most vocal cheerleaders behind Elon Musk’s electric car company, became chair of a small, publicly traded company that aims to load its balance sheet with cryptocurrency.

Eightco Holdings, a firm that specializes in packaging and retail inventory management, announced that it had raised $250 million through a private share offering to buy up Worldcoin, a cryptocurrency linked to the crypto project World, which itself is backed by OpenAI cofounder Sam Altman. 

Ives is a widely recognized Wall Street figure, but he made his name as an analyst, not as the operator of public companies. He may appear to be a strange choice to oversee a board—let alone one devoted to accumulating cryptocurrency—but his appointment comes amid a rush of big names on the boards of so-called digital asset treasury companies, or public firms whose primary aim is to accumulate cryptocurrency, providing investors with exposure to tokens they would normally not be able to trade through brokerage accounts. 

Others include Alex Spiro, an attorney to Musk, who is chairing a company dedicated to the memecoin Dogecoin. And then there’s Kyle Samani, a well-known crypto venture capitalist set to chair a different public treasury company for the cryptocurrency Solana.

“It’s a playbook taken out of Hollywood,” said Nick Cote, CEO and cofounder of SecondLane, a newer investment bank that caters to crypto and private markets. “It’s no different than Tom Cruise or whoever gets associated with a movie.”

Treasury boom

That playbook is the latest attempt from digital asset treasury companies to differentiate themselves in an increasingly saturated market. Since January, 209 companies have announced that they were planning to raise more than $145 billion to fund crypto treasury strategies, according to data from Architect Partners, a crypto M&A advisory and financing firm.

Michael Saylor, cofounder and executive chairman of the software company Strategy, first popularized crypto hoarding when his firm announced in 2020 that it was adding Bitcoin to its balance sheet. Traders soon saw its stock as a proxy for Bitcoin, and as the world’s largest cryptocurrency soared in price, shares for Strategy, formerly known as MicroStrategy, surged.

Copycats soon emerged, and, now, there are not only treasury companies devoted to Bitcoin but more exotic cryptocurrencies like Ethereum, Solana, and XRP. 

To get traction amid the cacophony of new crypto treasury plays, some teams have increasingly resorted to eye-catching names. “It’s an obvious move to get instant eyeballs,” said Marco Margiotta, CEO of House of Doge, the corporate arm of the Dogecoin Foundation.

Margiotta’s company is behind the Dogecoin treasury vehicle with Alex Spiro, who successfully defended Musk against a lawsuit that alleged that the Tesla CEO was manipulating Dogecoin markets. But Margiotta said that his digital asset treasury company doesn’t necessarily need a Tom Cruise-style hero at the helm to thrive. “We already have a community,” he said. “We don’t need a giant spokesperson to go out there.”

Other reasons for adding recognizable individuals to the boards of crypto treasury companies include signaling trustworthiness to Wall Street investors, said Jaime Leverton, CEO at ReserveOne, a digital asset treasury company expected to go public later this year. Her firm expects to add Wilbur Ross, the former U.S. commerce secretary, to its board. “Investors expect credible executives and strong corporate governance as signals of stability,” she said in an email.

Cote, the CEO of SecondLane, said that recognizable names and trustworthy board members were especially important for digital asset treasury companies, given crypto’s tumultuous history. “Crypto has had a history of negativity around it, billions lost, etcetera. So how can we amend that past?” he said. “You have to have credible characters who are leading that charge and telling those stories.”

While it’s unclear why Eightco tapped Ives—who usually comments on Tesla and AI, not crypto—to chair a company now devoted to accumulating cryptocurrency, he did say in an interview with CNBC that he “would not be doing this initiative if it was just a cookie-cutter token strategy.”

A spokesperson for the Worldcoin treasury company did not immediately respond to a request for comment.

On the new Fortune Crypto Playbook vodcast, Fortune’s senior crypto experts decode the biggest forces shaping crypto today. Watch or listen now

Macron appoints close ally Sébastien Lecornu as France’s new Prime Minister

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President Emmanuel Macron has named close ally Sébastien Lecornu as new French prime minister, 24 hours after a vote of confidence ousted François Bayrou as head of his government.

Lecornu, 39, was among the favourites to take over the job, and has spent the past three years as armed forces minister, with a focus on France’s response to Russia’s war in Ukraine.

In a statement the Elysée Palace said he had been given the task of consulting political parties with the aim of adopting France’s next budget.

Bayrou had visited the president hours earlier to hand in his resignation, paving the way for Lecornu to become the fifth prime minister of Macron’s second term as president.

Lecornu will face the same challenges as his predecessor, including getting a cost-cutting budget past parliament without a majority.

France has a spiralling public debt, which hit €3.3tn (£2.8tn) earlier this year and represents 114% of the country’s economic output or GDP.

Bayrou had proposed €44bn in budget cuts, and his decision to put his plans to a vote of confidence was always going to fail. In the end France’s National Assembly decided to oust his government by 364 votes to 194.

Lecornu’s appointment has already been condemned by parties on both the left and right, an indication of the difficulties he will face.

On Friday, the credit agency Fitch will reassess France’s debts and could make its borrowing costs higher if it lowers its rating from AA-.

More immediately, a grassroots movement called Bloquons Tout – “Let’s Block Everything” – is planning widespread anti-government protests on Wednesday and authorities are planning to deploy 80,000 police.

Lisa Yang leaves Goldman Sachs to join Warner Music Group.

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Lisa Yang is a respected figure at the crossroads of music and finance.

As Managing Director of Media & Internet at Goldman Sachs Global Investment Research, her analysis commands widespread industry attention.

That’s never truer than with ‘Music In The Air’ — Goldman’s annual deep dive into the music business, which Yang has authored (alongside her team) since she launched it 10 years ago.

But now Yang, who has been with Goldman for 16 years, is leaving the investment and analysis company.

She confirmed in an email to industry contacts on Friday (September 5) that she had “decided it’s time for a new chapter in my career”.

Where’s she going?

Whispers are getting louder amongst MBW’s network that she’s been hired by Warner Music Group.

If Yang does end up at Warner, she’s likely to work closely with another ex-Goldman exec in Michael Ryan-Southern.

Based in New York, Ryan-Southern was recruited by Warner last year to lead M&A activity at the major.

A Warner Music Group spokesperson declined to comment when contacted by MBW about Yang’s mooted arrival at WMG.

In a podcast interview with Music Business Worldwide in 2023, Yang expressed her confidence in the future growth potential of music rights.

Touching on a topic that’s only become more talked-about in the industry in the past year, Yang said: “More broadly, the industry should [consider] how it can better leverage the entire artist-fan relationship.

“That could include access to pre-release songs, ticketing, merchandising, virtual concerts, etc., to really try to monetize every single touchpoint between an artist and their fans.”

The latest edition of Goldman Sachs’ ‘Music In The Air’ was published in June.

It forecast that global paid music streaming subscribers will grow to 827 million in 2025, representing 10% YoY growth from 752 million in 2024.

The paper also forecasts that there will be over 1.5 billion people paying for music streaming subscriptions around the world by 2035.Music Business Worldwide

Israel Orders Gaza City Evacuation through Leaflets

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new video loaded: Israel Drops Leaflets Ordering Gaza City Evacuation

By Monika Cvorak

Israel on Tuesday called on residents of Gaza City to evacuate as it pushes ahead with its full-scale invasion. Hundreds of thousands of people will have to decide whether to stay or flee to already overcrowded or destroyed areas.

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Qatar denounces Israeli strike in Doha as ‘cowardly’ | Israel-Palestine conflict developments

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Qatar’s foreign ministry says Israel’s attack targeting residential building housing Hamas officials a ‘flagrant violation of international law’.

Qatar’s Ministry of Foreign Affairs has condemned “in the strongest terms the cowardly Israeli attack” on a residential building housing Hamas leaders in the capital Doha, calling the assault a “blatant violation of all international laws and norms”.

“The State of Qatar affirms that it will not tolerate this reckless Israeli behavior and its continued tampering with regional security, as well as any action targeting its security and sovereignty,” ministry spokesperson Majed al-Ansari said in a statement on Tuesday.

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“Investigations are underway at the highest level, and further details will be announced as soon as they become available.”

Israeli Prime Minister Benjamin Netanyahu’s office confirmed in a statement that the Israeli military carried out the attack in Doha on Tuesday against Hamas leaders. The attack came as negotiators from Hamas were meeting to consider the latest Gaza ceasefire proposal from the United States.

“Today’s action against the top terrorist chieftains of Hamas was a wholly independent Israeli operation,” Netanyahu said in a social media post.

“Israel initiated it, Israel conducted it, and Israel takes full responsibility.”

Explosions were reported in Doha in the first such attack by Israel in Qatar, a key mediator in ceasefire talks between Israel and Hamas and home to the region’s largest US military base, Al Udeid Air Base.

Israel’s military released a statement on Tuesday saying it and the Shin Bet intelligence service “carried out a targeted attack on the top leadership of the Hamas terrorist organization”.

Al Jazeera’s Charles Stratford, reporting from Doha, said the area targeted in Doha is full of residential units.

“This is a large residential area containing a lot of foreign embassies. Many civilians live here. There’s a Lebanese school that isn’t far from here, and the echoes of the explosions were heard across the city and farther afield,” he said.

Al Jazeera correspondent Nida Ibrahim said from Doha that the unprecedented attack on the city, which has hosted negotiations for a potential ceasefire in Gaza, reflected how “emboldened” Israel has become “by being able to carry out a genocide and getting away with it”.

Reporting from Amman, Jordan, Al Jazeera’s Hamdah Salhut said the strike in a third country was similar to Israel’s assassination of Hamas political leader Ismail Haniyeh, who was killed in Tehran last year.

Israel has been bombarding Gaza, Lebanon, Yemen and Syria as well as carrying out daily attacks in the occupied West Bank in Palestine. It has killed more than 64,000 people in Gaza since launching its brutal military offensive in October 2023.

Its military actions in Gaza have been termed genocide by numerous rights groups, and the International Criminal Court has issued an arrest warrant against Israeli Prime Minister Benjamin Netanyahu for war crimes.

For more coverage of the latest developments in Israel’s 23 months of genocidal war in Gaza, follow Al Jazeera’s live coverage here.

Form 144 for Snowflake Inc. Filed on 9 September

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Form 144 Snowflake Inc. For: 9 September

Shaine Casas Breaks Through to LA2028 with World Championships 1:54.30 200 IM

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By Gold Medal Mel Stewart on SwimSwam

If you’ve been following Shaine Casas since his NCAA glory days when he swept the DI championships with a triple-win, this is the world stage moment we’ve all been waiting for.  Shaine has shown flashes of brilliance, moments that hinted at greatness, but 2025 feels different. This summer feels like a corner was turned and the promise of potential bent into the hard reality.

On this episode, we cover:

  • Training under Bob Bowman. What’s it like training under him day-to-day?
  • Training with Leon Marchand. Iron sharpens iron, how has one of the best swimmers in the world pushed Shaine to level up?
  • The sickness at World Championships.  Shaine talks about what it cost him and how he bounced back.
  • Swimming a 1:54.30 in the 200m IM. What that breakthrough means on his long path toward the LA 2028 Olympic Games.
  • Shaine’s overall World Champs performance:  Swimming the 4×100 free relay, and his plans to chase that relay through the remainder of this quad.
  • Shaine’s schedule this quad:  He’s versatile. Determining where to focus is an on going challenge.  He’s been 50.40 (2022 U.S. Nationals) in the 100m fly and he’d like to develop that race more.

Shaine has remained among the most talented athletes in the sport. Now the question is whether that talent and the work will collide at just the right moment.  Shaine’s building confidence, and he’s looking forward to racing in the near term at the World Cup this fall. He’s already back in training after a short break.

What events do you think Shaine should focused on between now and the 2028 U.S. Olympic Swimming Trials? Drop your comments below. 

Follow Shaine Casas on Instagram here

Follow Gold Medal Mel on Instagram here.

Many thanks to Swimoutlet.com for their 13 years partnership and support of this swimming news and media.

SEE RECENT GMM PODCASTS:

This is a Gold Medal Media production presented by SwimOutlet.com. Host Gold Medal Mel Stewart is a 3-time Olympic medalist and the co-founder of SwimSwam.com, a Swimming News website.

Opinions, beliefs and viewpoints of the interviewed guests do not necessarily reflect the opinions, beliefs, and viewpoints of the hosts, SwimSwam Partners, LLC and/or SwimSwam advertising partners.

Read the full story on SwimSwam: Shaine Casas Turns The Corner To LA2028 With His World Championships 1:54.30 200 IM

Dragon Tiny Homes introduces budget-friendly and compact Sora model.

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For those looking to dramatically downsize on both space and budget, Dragon Tiny Homes’ new Sora may fit the bill. The tiny house has a length of just 16 ft (4.8 m), while squeezing in sleeping space for two, a home office, and even room for the occasional guest.

The Sora is based on a double-axle trailer and is finished in engineered wood. To put its size into perspective, it’s significantly smaller than even European tiny houses like Quadrapol’s Cabana and Baluchon’s Avalon, while larger US models such as the Tellico can reach almost 30 ft (9 m) longer.

The Sora’s glass door opens onto its kitchen, which includes a fridge/freezer, an induction cooktop, and a sink, with some space for more appliances. There’s also a breakfast bar dining area for two and a small desk tucked under the stairs to serve as a home office.

Next to the kitchen is the living room. This looks light-filled thanks to its generous glazing and has a sofa bed that sleeps two guests, plus there’s a mini-split air-conditioning system and a ceiling fan installed.

The Sora’s interior is finished in shiplap and it features generous glazing

Dragon Tiny Homes

Over on the opposite side of the tiny house to the living room is the bathroom. It’s compact, as you’d expect in such a small tiny house, but does contain a shower, sink, and a flushing toilet.

The Sora has one bedroom, which is accessed by the staircase mentioned. It’s a typical loft model with a low ceiling and has space for a double bed and some storage.

The Sora usually starts at US$45,000 but the home shown is on sale for $39,750. Dragon Tiny Homes has carved out a real niche for itself in recent years for its affordable tiny houses and the Sora follows the similar Aria and Element homes.

Source: Dragon Tiny Homes

Ukraine reports 23 deaths in Russian attack on pension line

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Twenty-three people have been killed in a Russian air strike on a village in eastern Ukraine, according to a local official.

The victims were ordinary people collecting their pensions in the Donetsk settlement of Yarova, said President Volodymr Zelensky. Donetsk regional leader Vadym Filashkin said emergency services were at the scene and as many people were wounded as killed.

Yarova is to the north of Slovyansk, one of the big cities in the region, and not far from the front line as Russian forces advance slowly in the east.

If confirmed, the death toll would be among the heaviest attacks on Ukrainian civilians in recent weeks, 42 months into Russia’s full-scale invasion.

Twenty-three people were killed in overnight air strikes on Ukraine’s capital Kyiv at the end of August.

At the weekend Russia launched its biggest air assault of the war on Kyiv so far, hitting the main government building in the capital, in what Zelensky said was a “ruthless” attack aimed at prolonging the war.

Posting graphic footage of the attack on Yarova online, Zelensky said there were “no words” to describe the latest Russian strikes. There was no immediate response from Russia’s military.

The head of the local administration in nearby Lyman, Oleksandr Zhuravlyov, said the attack took place at about 10:40 local time (07:40 GMT) on Tuesday, as pensions were being handed out.

Twenty-three people had been killed and another 18 wounded according to latest casualty figures, he told Ukraine’s public broadcaster Suspilne.

Pictures from the scene showed a badly damaged Ukrainian postal service vehicle of the type used to distribute pensions.

The head of the Ukrposhta service said the vehicle had been parked under trees as a security measure and a local postal official had been wounded in the attack. “Maybe someone gave away the co-ordinates,” he speculated.

Yarova sits on a key railway line between the cities of Lyman and Izium. It is also only about 6km (3.7 miles) away from the next village of Novoselivka, where Russian forces are closing in on the outskirts.

Zhuravlyov told Suspilne they had to work out how the postal service could continue to hand out pensions: “Because the front line is less than 10km away, we will ‘move away’ all these payments, so they can have their pensions in safer places.”

Ukraine’s state emergency service said another three people had died in earlier Russian shelling of settlements in Donetsk.

“The world must not remain silent,” Zelensky said, calling for a response from both the US, Europe and the G20 group of nations.