News

Canada Revoked 50 Money Service Biz Licenses in 2026

Canada's FINTRAC has revoked registrations for 47 cryptocurrency-related Money Services Businesses (MSBs) so far in 2026.Finance Minister François-Philippe Champagne stated the government will maintain...

SEC Approves Nasdaq Plan to Tokenize Russell 1000 Stocks

Nasdaq received formal approval from the U.S. SEC to begin trading tokenized versions of stocks and ETFs.Initial launch will cover Russell 1000 stocks and...

Polymarket Acquires DeFi Infrastructure Startup Brahma

Polymarket, a prediction markets platform valued at around $20 billion, is acquiring the DeFi infrastructure startup Brahma.Brahma will wind down its three main products...

Groups Urge OpenAI To Drop Calif. AI Safety Ballot Measure

Advocacy groups demand OpenAI fully withdraws a controversial California AI safety ballot initiative.The measure is criticized for limiting legal accountability and potentially weakening protections...

Bullish Bitcoin Outlook Amid Market Correction

Spot demand from ETFs and corporate buyers like Strategy sustains Bitcoin's bullish momentum.Low leverage among bulls minimizes the risk of cascading liquidations, even with...

SEC Approves Nasdaq Tokenized Stock Trading

The SEC approved a Nasdaq rule allowing tokenized stock trading, concluding it aligns with federal law and investor protections.Tokenized securities must be fully fungible...

Algorand Foundation Cuts 25% of Staff Amid Crypto Downturn

The Algorand Foundation has cut 25% of its workforce, citing the crypto market downturn and macroeconomic uncertainty.Despite the layoffs, the foundation states it remains...

Coinbase Eyes Cloudflare Stablecoin Launch This Year

Coinbase is competing to issue a new stablecoin for Cloudflare, which is set to launch later this year, according to The Information.The company is...

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Mistral Launches ‘Le Chonk’ AI Model With 1 Trillion Parameters

Mistral AI launched Large 4 on Oct. 6, a 1-trillion-parameter model that activates 49 billion parameters per query at...

Ripple expands Brevan Howard deal with prime brokerage

Ripple Prime will provide multi-asset prime brokerage, clearing, and financing services to funds managed by Brevan Howard, a $35...

Micron Stock Rally: HBM Shortage, Record Earnings, Targets

Micron shares surged 272.78% year-to-date, closing at $1,063.96 on October 5.Record fiscal 2026 revenue of $133.19 billion and tight...

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