Meta tests prediction-market app, DOJ moves to seize $1.2 billion from Binance hack, and more
In today's newsletter, Meta tests prediction-market app using points instead of cash;… to seize $1.2 billion from Binance hack, disrupts North Korean deepfake scheme;…
Unocoin halts all services after hackers bypass BitGo freeze
Unocoin says disputed transfers were signed outside BitGo while it investigates suspected misuse of a backup mechanism.
US courts target $1.2B in stolen Binance funds, yet victims face a new hurdle
DOJ's Nov. 12 release reports seizure or restraint authority within more than $2.7 billion frozen, without a return timetable.
Bitcoin miners pay Paraguay $350 million a year, but AI is pushing them out
Contracts that sell power to a 4% slice of the world’s bitcoin… 31, 2027.
Diesel prices plunge 8%, yet Bitcoin traders face a squeeze
October’s PPI slowed at the headline level, but higher freight prices and firm underlying inflation leave financing relief uncertain.
Could a Former Nvidia Executive Replace Jensen Huang? Arm’s Rene Haas Emerges as Candidate
Nvidia's board has reportedly approached Arm's chief executive as it searches for… Jensen Huang, while some employees are pushing to bring the chipmaker's founder…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin…
OpenAI launches AI payments in ChatGPT with Visa, Mastercard and Amex
OpenAI’s new payment wallet lets AI agents complete purchases using existing card networks, with plans to eventually allow preauthorized transactions.
Adam Back makes case for simpler security as Blockstream launches Bitcoin custody system
Blockstream’s new custody system, developed with Thales, uses dedicated hardware for transaction signing as Adam Back advocates for offline security to reduce cyber risks.
Should Government Officials Be Banned From Prediction Markets? House Oversight Says Maybe
A House Oversight staff memorandum, citing suspicious trades by officials, military personnel… recommends Congress weigh new limits on federal personnel betting on platforms like…
Kraken parent Payward gains market share as slower trading weighs on earnings
Payward’s adjusted EBITDA fell 66% year over year to $60 million, even… its share of global spot trading nearly doubled and fee-based services expanded.
Meta tests prediction market app using ‘cred’ points instead of cash: WSJ
Meta employees are testing Takes, a prediction app that rewards correct calls with credibility points.
US regulators move ahead on crypto trust charters as Senate scrutiny grows
Coinbase’s trust company received final clearance as lawmakers seek records on crypto firms’ compliance and potential conflicts of interest.
XRP loans trigger 883 liquidations, and $53M remains at risk
Borrowers surrendered 4.18 million cbXRP on Base, while the records leave a native XRP selling link unproven.
China’s $3.2 Billion AI Pipeline Still Calls for Nvidia Chips Washington Restricts
Chinese data center projects are still being designed around restricted Nvidia processors, even as Beijing pushes domestic alternatives.
JPMorgan’s Bitcoin and Crypto-Linked Holdings Approach $1 Billion
The bank’s Q3 13F shows roughly $981 million across Bitcoin ETFs, Strategy and Coinbase—likely over $1 billion counting Robinhood and miners.
Dormant Bitcoin Wallets Wake Up After 16 Years, Moving $6.9 Million
Two Bitcoin mining rewards from September 2010 moved minutes apart. The coins are worth nearly 1.15 million times their original market value.
FBI warns active $400M crypto scam targets your friends by replacing your face in videos
The FBI says North Korean hackers reuse stolen accounts and webcam footage to draw the next contact into a fake meeting.
MEGA cuts 20% of workforce as former MegaETH Foundation restructures
MEGA, formerly the MegaETH Foundation, laid off 20% of staff days after its rebrand and $30 million push into AI inference products.
House Oversight Chair calls for possible ban on government officials’ prediction market bets over insider trading concerns
The House Oversight Committee is calling for new limits on government officials’ use of prediction markets, including a potential ban.
CFTC’s Selig accuses states of trying to ‘lock up’ prediction market founders
CFTC Chairman Michael Selig says disputes over whether event contracts are gambling shouldn’t put executives at risk of jail.
Bitcoin plunges to $68,000 as Anthropic IPO frenzy adds to market jitters
Analysts see no direct link between Nvidia and bitcoin's decline, pointing instead… investor capital headed into Anthropic as well as a broader risk-off move.
Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact
The Federal Reserve is examining whether AI will lower prices or keep… elevated, a question that could shape interest rates and the outlook for…
Aave plan could cut some lenders’ share of interest by 60%
TokenLogic’s proposed interest split would hit some stablecoin lenders harder, while a major Plasma revenue component remains conditional.
Metaplanet swings to $170M loss as Bitcoin sale hits earnings
Bitcoin sales, valuation losses and rising borrowing costs weighed on the Japanese company’s earnings despite higher revenue and operating profit.
Trump’s First Democratic Picks for SEC and CFTC Could Reshape Crypto’s Regulators
The bipartisan slate—two Republicans and two Democrats, Trump’s first Democratic picks for… agency—would refill commissions that have driven crypto policy since the Clarity Act’s…
Amazon says no human wrote or reviewed the code for its new cloud testing tool
People built the development guardrails, while AWS requires application security to be tested on the real cloud.
Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally
Bitcoin is back near August levels as persistent inflation, growing expectations of another interest-rate hike and ETF withdrawals pressure prices.