News

Prediction Markets Score Big with NJ Governor Race Upset Wagers

Prediction markets accurately forecasted major U.S. election results held on Tuesday.Markets correctly predicted races including New York City mayor, New Jersey governor, and Virginia...

Robinhood Q3 Crypto Revenue Soars 339%, Hits $268M Milestone

Robinhood saw a 339% increase in crypto trading revenue year-over-year in the third quarter.The company handled $80 billion in crypto trading volume, generating $268...

Strategy’s $689M Annual Cost to Hold $66B Bitcoin Treasury

Strategy, the leading Digital Asset Treasury company, holds $66 billion in Bitcoin and does not plan to sell any of it.The company faces increasing...

Ripple Valued at $40B Amid Citadel and Fortress Investments

Ripple has been valued at $40 billion after recent funding.The company raised $500 million from investors, including major Wall Street firms.Citadel Securities and Fortress...

Bitcoin Crashes Below $100K Amid Musk’s $38T Crisis Warning

Bitcoin Price has dropped below $100,000, declining 20% from its early October peak.Sequans, a chipmaker, sold almost 1,000 Bitcoin at a loss to cut...

Tesla’s UK Sales Halve in October as European Decline Deepens

Registrations of Tesla vehicles in the UK dropped by 51% in October compared to the previous year.Declines in vehicle registrations were also reported in...

Schwab to Support Musk’s 2025 CEO Award Despite Investor Divide

Schwab Asset Management announced it will vote for Elon Musk’s 2025 CEO Performance Award at the upcoming Tesla shareholder meeting. Several institutional investors, including CalPERS...

Canada to Regulate Stablecoins in 2025 Federal Budget Plan

Canada will introduce legislation regulating fiat-backed stablecoins in its 2025 federal budget.Stablecoin issuers must hold adequate reserves, provide redemption policies, and implement risk management...

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Mystery Bitcoin Donations Flood Satoshi’s Wallet

Over the past 48 hours, a Revolut user sent more than $5,000 worth of Bitcoin to Satoshi Nakamoto's wallet,...

Ether undervalued vs Bitcoin, bottom not yet in: CryptoQuant

Ether is trading roughly 17% below its realized price of about $2,300, a level historically associated with market undervaluation...

Claude Cowork bug lets AI break sandbox, access Mac files

Researchers at Accomplish AI discovered a sandbox escape vulnerability in Anthropic's Claude Cowork, affecting approximately 500,000 macOS users.The flaw,...

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South Korea Revises Stablecoin Bill, Expands Bank of Korea Role

South Korea’s Democratic Party introduced new digital asset legislation...

Ethereum Foundation Launches AI Team to Bridge Blockchain and AI

The Ethereum Foundation has started a new Artificial Intelligence...