Nvidia (NASDAQ: NVDA) is weighing an investment of up to $10 billion in Anthropic’s planned IPO as the AI company looks for an anchor investor before going public. Sources allegedly told Reuters the deal could be part of what may become the biggest IPO ever. Anthropic is trying to raise as much as $100 billion...
Symbiosis shut down its native Bitcoin bridge on Friday after an attacker exploited its BridgeV2 contract to mint a huge amount of unbacked synthetic BTC. Yet the attacker managed to extract only about $336,000 in real value. The importance of that gap cannot be overlooked. It is important to emphasize that Bitcoin’s security was not...
According to Artemis’ reports, outstanding loans on Base peaked at an unprecedented $2.75 billion on September 10 after an increase in lending activity in late August. This record reflects the rapid growth of credit on Coinbase’s Layer 2 network and the share of Morpho and Aave in it. Artemis writes on September 11: Lending on...
Caroline Ellison, the former Alameda Research CEO who cooperated with prosecutors after FTX collapsed, has taken a full-time role at Manifund, a nonprofit grant platform. Cofounder Austin Chen said in the Manifund announcement that Ellison will help improve its funding platform and study how philanthropic money can be directed more effectively. She began a work...
Bitcoin (BTC) has paused between $76,000 and $82,000, as several key resistance levels converge above spot price.
Gold trades near $4,347 on Friday, resting directly on the neckline of a daily head-and-shoulders pattern. A confirmed break would target $3,950, roughly 9% below the current price.The August consumer
Ethereum, the second-biggest crypto, jumped as much as 8.3%, its biggest move in three weeks. Traders who bet against it got burned. Over a 24-hour period, shorts on Ether totaled more than $255 million being wiped out. Shorts on Bitcoin, over the same period, saw losses totaling $172 million. Usually, Bitcoin sees the bigger leverage...
Rocket Lab (Nasdaq: RKLB) has completed the acquisition of Iridium Communications (Nasdaq: IRDM) at the price of $54 per share in a cash-and-stock deal valuing the satellite leader at $8 billion. The purchase transaction will add a powerful subscription-based network to Rocket Lab, a company known for its spacecraft manufacturing and launch services. From the...
Zcash mining has become significantly more profitable than Bitcoin mining for individuals. That is the finding of a new analysis from Grayscale Research.Research director Zach Pandl found that Bitcoin
Intel (INTC) traded 2.5% higher near $102.84 late Friday, after President Donald Trump insisted his proposed $5,000 midterm election payment to American adults will happen indefinitely.The move extend
DeFiLlama’s Movers dashboard is showing an increase in divergence in the crypto world. Some of the tokens which were responsible for the rise in August are well above their competitors in 30 days, but some of them are beginning to lose ground in the last seven days. This is important because this weakness is manifesting...
Ethereum (ETH) briefly surged above $2,600 on Friday, reaching its highest level since January, despite the consumer inflation print strengthening rate hike expectations.
White House National Economic Council Director Kevin Hassett says President Donald Trump’s $5,000 payment plan can move forward without worsening federal finances. The proposal would cost above $1 trillion, with US debt near record levels. Kevin pushed back on the borrowing concern Thursday. “We can do it in a fiscally responsible way,” he said. “It...
U.S. Senate negotiators are considering legislation that would legally require developers of the most advanced AI models to guard against catastrophic harms and could give the federal government power to block unsafe releases, according to Reuters. For top AI companies, this will transform safety standards from a mostly voluntary effort to a legal duty. A...
Bitcoin (BTC) and the broader crypto market saw brief gains Friday following the release of US inflation data.
Apple (NASDAQ: AAPL) reportedly has to pay Samsung Electronics (KRX: 005930) $250 for every main folding panel fitted inside the iPhone Duo. Leaker Instant Digital said on Chinese social network Weibo that the supply contract lasts three years. It covers the current Duo and the models Apple releases during that period. Samsung was already in...
Six weeks after AI bets nearly wrecked his hedge fund, Leopold Aschenbrenner is putting money into the same companies again. His hedge fund, Situational Awareness, bought call options on AMD, Bloom En
Bitcoin Suisse, in an effort to reshape itself into an internationally focused financial services group, plans to eliminate as many as 60 of its roughly 120 jobs in Switzerland. The Swiss financial workforce is taking a hit on multiple fronts, with Bitcoin Suisse cutting up to 60 of its roughly 120 Swiss jobs while UBS,...
Block-reward miners are pivoting from Bitcoin to Zcash, where the top mining rig now earns around four times more per megawatt-hour than the best Bitcoin machine, after ZEC’s rally pushed the privacy coin into the top 10 by market value. For miners who have seen their returns in mining dwindle over the past years, especially...
Oracle (NYSE: ORCL) shares are rallying Friday after investors got new numbers on its cloud business, AI contracts and revenue backlog. The stock rose 3% in early trading after gaining nearly 7% after hours Thursday. Oracle beat Wall Street forecasts for its fiscal first quarter, while a $26 billion increase in backlog eased some concern...
Donald Trump spent months saying Jerome Powell was the problem. Now Powell is gone, but rates have not budged. On Friday, traders put an 86.9% chance on the Federal Reserve raising rates next week.Tha
The UK’s largest listed Bitcoin treasury holder, The Smarter Web Company (LON: SWC), announced plans this Friday to launch a new class of preferred shares, the first of its kind by a British corporate Bitcoin holder, on the main London Stock Exchange. The preferred share, “MORE,” will be listed with a nominal value of £0.001...
A crypto trader known as Point Farm Capital has turned a bet on the Solana-based meme coin STONK into more than $10 million in profit by sticking to an aggressive hold strategy.According to on-chain a
Three companies sold ₹1,025 crore ($107.2 million) of corporate bonds as digital tokens in the first run of Demat 2.0, India’s regulator-led pilot. The pilot is the first real test of issuing and settling Indian corporate debt on a shared digital ledger within the country’s current market system. What milestone did India accomplish? The Securities...
If you’re fascinated enough by Apple’s new folding iPhone to splash $2,000, Samsung would actually be getting a $250 cut from the purchase. Not some third-party hardware producers, but the company its
Metaplanet (TYO: 3350) rolled out a series of big updates after its Friday, September 11 board meeting, announcing a new Hong Kong subsidiary, a new CFO, and a 41% trim of a contested stock-option pool. The options pool, by Gerovich’s admission, was poorly presented, which led to a 17% rout in the company’s stock last...
One of the world’s most targeted nations, Japan, suffered its latest breach on Friday, September 11, as attackers stole around 246,000 personal data record sets from the country’s Digital Agency. The hack exposed the names, email addresses and phone numbers of Japanese civil servants and contractors after an intruder got into a shared government network....
Metaplanet cancelled 131 million shares tied to its executive reward pool on Friday, shrinking the disputed insider stake by 41.1% after weeks of shareholder pressure.The Tokyo-listed Bitcoin treasury
Bridgewater managing chief investment officer Greg Jensen says nothing will be done about artificial intelligence (AI) until it starts killing people. He wants the problem dealt with well before that
China set a 2030 deadline for the mass rollout of self-driving vehicles, handing its automakers a state-backed timeline that Western rivals must now match.The Ministry of Industry and Information Tech