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
Crypto exchange Unocoin said on Nov. 13 that disputed wallet transfers were… The exchange suspended all services on Nov. 9 after detecting further unauthorized…
US courts target $1.2B in stolen Binance funds, yet victims face a new hurdle
US authorities have secured court authorization to seize or restrain more than… The Department of Justice (DOJ) disclosed the authorization on Nov. 12 but…
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
US wholesale inflation slowed in October, but rising freight prices and firm… The Bureau of Labor Statistics’ October producer-price report, released Nov. 13, showed…
Could a Former Nvidia Executive Replace Jensen Huang? Arm’s Rene Haas Emerges as Candidate
Nvidia's board has approached Arm CEO Rene Haas as a potential successor… Haas is one of several people under consideration, people familiar with the…
Here’s what happened in crypto today
Today in crypto, OpenAI launched AI payments in ChatGPT, Jane Street nearly… OpenAI on Friday introduced a new feature allowing AI agents to make…
OpenAI launches AI payments in ChatGPT with Visa, Mastercard and Amex
OpenAI on Friday introduced a new feature allowing AI agents to make… The wallet lets users authorize transactions using biometric verification, such as facial…
Adam Back makes case for simpler security as Blockstream launches Bitcoin custody system
Adam Back’s Bitcoin infrastructure company Blockstream has launched a new institutional digital… The solution, announced Friday, combines Thales’ hardware security modules (HSMs) with Blockstream’s…
Should Government Officials Be Banned From Prediction Markets? House Oversight Says Maybe
The chairman of the House Oversight Committee is raising the prospect of… In a staff memorandum released Friday, the committee detailed an investigation into…
Kraken parent Payward gains market share as slower trading weighs on earnings
Kraken’s parent company Payward nearly doubled its share of global crypto spot… The market-share gain means Payward captured a larger portion of spot trading…
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
Federal regulators are opening more avenues for crypto companies to operate under… On Nov. 9, Coinbase announced that its national trust company had received…
XRP loans trigger 883 liquidations, and $53M remains at risk
XRP-backed borrowers surrendered about 4.18 million cbXRP in 883 liquidation events on… The activity took place in a lending market on Base where borrowers…
China’s $3.2 Billion AI Pipeline Still Calls for Nvidia Chips Washington Restricts
Chinese developers are planning and building billions of dollars worth of AI… After examining more than 150 procurement notices, investment plans and corporate records,…
JPMorgan’s Bitcoin and Crypto-Linked Holdings Approach $1 Billion
JPMorgan Chase, whose CEO has spent years deriding crypto, is now sitting… Adding up the disclosures in JPMorgan’s quarterly 13F, the form large institutional…
Dormant Bitcoin Wallets Wake Up After 16 Years, Moving $6.9 Million
Two Bitcoin addresses that had been dormant since 2010 suddenly moved $6.9… Blockchain tracking service Whale Alert flagged the first transfer at 4:08 a.m.…
FBI warns active $400M crypto scam targets your friends by replacing your face in videos
North Korean hackers are using stolen webcam recordings to impersonate crypto workers… The Justice Department announced disruption of cloud-based infrastructure used in FaceStealer on…
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
Federal Reserve Chair Kevin Warsh will convene a public forum Monday to… The November 16 conference in San Francisco will bring together technology executives,…
Aave plan could cut some lenders’ share of interest by 60%
Aave lenders supplying DAI on Polygon could see their share of borrower… The November 12 proposal covers 54 reserves across 12 Aave V3 instances…
Metaplanet swings to $170M loss as Bitcoin sale hits earnings
Metaplanet swung to a $170 million net loss in the first nine… The Japanese company, the world’s second-largest publicly traded corporate Bitcoin (BTC) holder,…
Trump’s First Democratic Picks for SEC and CFTC Could Reshape Crypto’s Regulators
President Donald Trump has nominated four people to fill vacant seats at… The White House said Thursday it sent the nominations to the Senate:…
Amazon says no human wrote or reviewed the code for its new cloud testing tool
Amazon released AWS Emulator on Nov. 11, a local tool that imitates… In Amazon's engineering account, engineer Matthew Goldberg says his team neither wrote…
Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally
Bitcoin fell to roughly $68,500 on Friday, hitting its lowest price in… BTC was down about 4.5% over 24 hours and 9.5% for the…