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Who Keeps The Money When AI Rewrites Bank Code?
Who Keeps The Money When AI Rewrites Bank Code?
Authored by Patrick Feeley via Substack,
The code most American banks run on was designed in 1959, the year Alaska and Hawaii became states. A committee of government and industry people wrote COBOL so that business programs could be read by people who were not mathematicians, and a good part of it was modeled on FLOW-MATIC, an earlier language from Grace Hopper, a Navy officer. I doubt anyone on that committee thought it would still be running banks in 2026. In 2017...
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Jun 2, 2026 / Tyler Durden
Iran Sends Missiles, Drones Targeting Airbases Across Gulf After US Nighttime Attack On Qeshm Island
Iran Sends Missiles, Drones Targeting Airbases Across Gulf After US Nighttime Attack On Qeshm Island
Summary:
Two bases come under fresh missile attack in Kuwait, Fars and Reuters report. Iran state media says retaliation for night US attack on Qeshm Island.
Explosions & air raid sirens also being reported in Saudi Arabia, UAE, and Bahrain. It seems that war is popping off once again.
rump insists reports that Iran & US have not been talking for days is 'fake news'; Rubio also tells Congress talks are ongoing, despite fresh Iranian denials, and even...
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Jun 12, 2026 / Tyler Durden
"Reckless Propaganda": Globe And Mail Op-Ed Tells Readers "How To Properly Hate" Elon Musk Ahead Of SpaceX IPO
"Reckless Propaganda": Globe And Mail Op-Ed Tells Readers "How To Properly Hate" Elon Musk Ahead Of SpaceX IPO
Whether it is Elizabeth Warren, left-leaning unions, or Democrat-aligned NGOs funded by dark money, the common pattern here has been an information campaign aimed at Elon Musk to derail the SpaceX IPO. Their motives are very simple: if the game is about power and money, then Musk potentially becoming the world's first trillionaire on Friday morning represents a direct threat to the progressive empire they have built.
Just as with President Trump, the...
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Sep 7, 2026 / Tyler Durden
Hunter Biden To Launch Memecoin, Will Send To TRUMP Holders
Hunter Biden To Launch Memecoin, Will Send To TRUMP Holders
Authored by Turner Wright via CoinTelegraph.com,
Hunter Biden will reportedly distribute 200 million of the LAPTOP token to his substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin.
Hunter Biden, son of former US President Joe Biden, announced that he plans to launch a memecoin based on the reports of his infamous laptop, which has been subject to intense media scrutiny.
In a Monday announcement on X, Hunter Biden posted the memecoin’s ticker symbol, $LAPTOP, signaling a Wednesday launch. The...
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