Tech, AI Stocks Split After Democratic Sweep as Bitcoin Holds Above $80,000 Technology stocks delivered a mixed session Wednesday after Democrats swept the U.S. midterm elections, as investors weighed the prospect of tougher artificial intelligence oversight against expectations that political gridlock could limit major policy shifts. The Nasdaq-100 ended up 1.14% at 28,500, recovering from…
Bitcoin held above $80,000 on Thursday after rebounding from roughly $78,000 the previous day, while U.S. spot bitcoin exchange-traded funds returned to net inflows after three sessions of withdrawals. Injective was the strongest performer in the CoinDesk 100 after Nasdaq approved the listing of Canary Capital’s proposed staked INJ ETF, although the fund still requires…
Trump Crypto Crackdown: Feds Seize $40K in Inaugural Scam Proceeds U.S. prosecutors just won the right to keep nearly $40,000 in Tether tokens that a Nigerian scammer used to launder money stolen from Trump-Vance donors, proving that even fake crypto “donations” can be clawed back when they land in an American exchange. The ruling matters…
HTX has launched a winter APY promotion for seven-day fixed products covering BTC, ETH, TRX, USDT, USDC, USDS and USDD. The campaign advertises APYs of 10%, while subscriptions are subject to asset-specific limits, total quotas and participation requirements. NewsBTC reported that the initiative comes as crypto markets have remained volatile since the start of the…
Crypto’s Biggest Mysteries Still Defy Answers Crypto’s history is packed with missing fortunes, unexplained deaths, vanished founders, and stories that sound too strange to be real. The mystery is not just entertainment: unresolved cases expose the industry’s weak accountability, opaque money trails, and persistent risks for investors. The latest look at crypto’s unsolved cases highlights…
LAPTOP Memecoin Turns Biden Controversy Into Crypto Speculation A new memecoin called LAPTOP is using Hunter Biden’s laptop controversy as its hook, while openly admitting it has no utility. The project says founder tokens will be locked for six months and that 2% of the supply is reserved for wallets that lost money on TRUMP,…
American Bitcoin reported about $126 million in third-quarter net income, reversing a $57.2 million loss in the previous quarter. The result was driven principally by a $197.3 million gain on digital assets, while the company’s mining revenue and margins weakened. The earnings highlight the distinction between the value of the company’s bitcoin holdings and the…
TRM Labs Doubles Valuation as Crypto Intelligence Demand Surges Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion in a Series C expansion. The company says its annual recurring revenue has quadrupled over the past three years, signaling stronger demand for tools that help institutions investigate crypto activity and manage risk. The…
Crypto Documentation Platform GitBook Discloses AI-Agent Breach, Tells Users to Rotate Tokens GitBook, a documentation platform used by many cryptocurrency projects to publish official docs, has disclosed a security breach it says involved “a sophisticated, highly targeted attack using AI agents.” The incident led GitBook to temporarily shut down services and revoke customer access tokens…
Circle beats earnings expectations on strong revenue, but cuts 5% of its workforce Circle Internet Group, the New York-based company behind the USDC stablecoin, cut about 5% of its workforce in the third quarter, according to a disclosure included in the footnotes of its earnings materials. The reduction came during a profitable quarter in which…
Five ways North Korea breaks into crypto firms—and what the Binance hack revealed A record-setting cryptocurrency theft at Binance has intensified scrutiny of how North Korea-linked operators penetrate major crypto companies. U.S. authorities and blockchain analysts say the October 29, 2026 incident resulted in the theft of more than $6 billion in virtual assets, making…
Elon Musk floats space data centers as Democratic sweep puts pressure on AI trade Elon Musk suggested that building AI data centers in space could become more attractive after Democrats won control of both chambers of Congress in Tuesday’s U.S. midterm elections, a result that has renewed concerns about tighter restrictions on domestic data center…
Bitcoin climbs to $96,750 as Coinbase rally, policy friction, and global crypto developments converge Bitcoin pushed to a new two-month high on a broadly positive day for major cryptocurrencies, rising about 2% to $96,750. Ether also gained around 2% to $3,360, while Solana was flat near $145. XRP lagged the group, down roughly 1% to…
Coinbase Smacks SEC With Surprise Procedural Win Coinbase just forced the SEC to defend its enforcement playbook in open court instead of letting the agency bury the exchange in secret administrative proceedings. The Third Circuit’s ruling hands crypto’s largest U.S. platform a rare procedural weapon and signals that judges may be losing patience with the…
Court Reopens 34-Year-Old Bilzerian Order, Threatens Fresh SEC Crackdown A federal judge just revived a 2001 injunction against Paul Bilzerian and his network, giving the SEC a live weapon to pursue anyone who helps the long-disbarred financier “commence or cause the commencement” of litigation. The ruling matters because it keeps a 34-year-old enforcement case breathing…
Treasury sanctions 11 over North Korean IT worker scheme that moved millions in crypto The U.S. Department of the Treasury on Wednesday sanctioned 10 individuals and one entity for their roles in North Korean overseas IT worker schemes that the government says defraud U.S. businesses and generate revenue for Pyongyang’s weapons programs. According to Treasury’s…
SEC Loses Key Crypto Case in Fifth Circuit The Fifth Circuit just handed the SEC a stinging defeat, ruling that the agency overstepped its authority when it tried to force a crypto firm to register as a securities exchange. The decision signals that courts may be willing to check the agency’s aggressive push to classify…
The 18,270 BTC taken from Binance in transfers confirmed Thursday is larger than Tesla’s disclosed Bitcoin position and more than twice the amount held in El Salvador National Bitcoin Office reserve wallets. CoinDesk reported that the Bitcoin haul was worth about $1.4 billion at $78,500 per coin. The comparison puts one portion of the Binance…
Australia’s corporate regulator has questioned whether prediction markets should be available to retail clients, describing their contracts as products with “all the features of a bet.” The comments do not amount to a formal ban, but they place a clear emphasis on speculative risk and the regulatory hurdles facing any operator seeking to enter the…
Court Expands SEC Reach Over Digital Assets The Supreme Court just handed the SEC a powerful new weapon in its war on crypto. In a 6-3 ruling, the justices determined that digital asset sales can be treated as securities even when the tokens themselves carry no traditional legal rights, as long as buyers reasonably expect…
