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Crypto Custodians Prime Trust and Fortress Trust Collapse Amid Scandal

Prime Trust and Fortress Trust, both crypto custodians founded by Scott Purcell, have collapsed amid financial misconduct allegations.On October 22, Nevada regulators issued a...

Western Union to Launch USDPT Stablecoin on Solana in 2026

Western Union plans to launch a stablecoin named USDPT in 2026.The stablecoin will be issued on the Solana blockchain.Anchorage Digital Bank will be the...

Nvidia (NVDA) Plans $1 Billion Investment in Nokia (NOK)

NVIDIA will invest $1 billion in Nokia through a directed share issue.Nokia will issue over 166 million new shares to Nvidia at $6.01 per...

402bridge Hack Drains $17K USDC from 227 Users in Minutes

The cross-layer protocol 402bridge was hacked, resulting in a loss of $17,000 in USDC tokens. The attack impacted 227 users within 28 minutes...

OpenAI Becomes Public Benefit Corp, Microsoft Gains 27% Stake

OpenAI has restructured as a public benefit corporation to facilitate capital raising.Microsoft holds a 27% stake in the new entity, valued at about $135...

Gold Prices Fall Under $4,000: Should Concern Be Rising?

Gold prices dropped nearly 3% this week due to investor sell-offs and profit-taking.The XAU/USD index declined to a daily low of $3,936 and could...

Cathie Wood Denies AI Bubble, Warns of Reality Check on Valuations

Cathie Wood rejects the idea that Artificial Intelligence (AI) is in an investment bubble. She predicts a “reality check” on AI company valuations may occur...

Bitcoin Must Hold $114K Support to Confirm Recovery and Rally

Bitcoin's price needs to maintain support at $114,000 to confirm its recovery.Trading volume and market activity must increase to support a sustained price breakout.Bitcoin’s...

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Anthropic commits $20B as AMD commits $5B back

Anthropic committed to over $20 billion in AI compute services from AMD.AMD simultaneously committed up to $5 billion to...

PHP ships urgent security patch for two critical RCE flaws

PHP will release emergency patches for two critical remote code execution vulnerabilities rated 9.2 on the CVSS v4.0 scale.The...

SpaceX Q3 Profit $4.4B, Revenue Beats Estimates

SpaceX posted a $4.4 billion profit in Q3 2026, its first since going public, beating Wall Street revenue estimates...

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European Commission turns its gaze towards the metaverse

The EU executive will present next year an initiative...

Tom Emmer: The collapse of FTX and the real people responsible for it

US Congressman Tom Emmer stressed in his statements that...

Token Crashes Expose Dark Side of Crypto Market Making Deals

Sudden collapses of Movement Labs’ MOVE token and Mantra’s...