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Citadel backs two rival crypto exchanges with $600 million as both chase the same Wall Street prize
Crypto.com and Kraken are pursuing the same tokenized-market expansion, while only one has disclosed Citadel’s oper…
FTX to distribute roughly $900 million to creditors in fifth wave of payouts
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since rep…
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool is worth covering because it sits inside…
Nvidia stock sinks amid concerns over AI demand, and crypto’s AI sector should be paying attention
Nvidia stock dropped 2.4% after briefly hitting a $4 trillion market cap, raising concerns about AI capex sustainabil…
Tesla and Intel earnings this week could ripple across crypto markets
Tesla and Intel report Q2 2026 earnings this week. Here's why Bitcoin holders and crypto investors should pay close a…
Meta in talks to lease computing power to Anthropic in deal that may reach $10B
Meta is negotiating a $10B deal to host Anthropic's Claude AI models, while Bitcoin miner TeraWulf signed a $19B leas…
Amazon Web Services customers receive erroneous bills up to $1.5T
AWS billing glitch showed customers invoices up to $1.5 trillion. Here's what happened, why crypto companies should c…
Polymarket faces dispute risk with $2B FDV bet on USD.AI token launch
Polymarket's USD.AI FDV market has drawn $5.5M in volume, with traders betting heavily against a $2B valuation for th…
Valar Atomics seeks $1B financing at $5B valuation with Sequoia in talks to lead
Valar Atomics is seeking $1B at a $5B valuation with Sequoia in talks to lead, days after achieving nuclear criticali…
Alphabet stock drops amid concerns over AI researcher departures
Alphabet shares fell 7.2% intraday after key DeepMind researchers, including a Nobel laureate, departed for OpenAI an…
SpaceX and Blue Origin race to build massive satellite networks for AI data centers
SpaceX and Blue Origin are filing for massive satellite constellations to build orbital AI data centers, with implica…
Nebius raises $775M in debt to expand AI cloud without diluting shareholders
Nebius Group secures $775 million in senior secured debt to scale its AI cloud platform and GPU capacity, backed by o…
Google expects AI budget to rise amid capacity shortages, with capex doubling to $190B
Alphabet plans to spend up to $190 billion on AI infrastructure in 2026, doubling its 2025 capex, as persistent compu…
Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole
The court found an undisclosed deficit and said Knaken cannot repay customers in full, leaving recovery to an indepen…
Meta Platforms stock drops amid capital raising speculation
Meta Platforms shares fell 5.5% after a Financial Times report suggested a massive equity offering to fund AI infrast…
Uber to acquire Delivery Hero in $14.8 billion deal, creating a food delivery giant spanning 99 markets
Uber announced a $14.8 billion all-cash takeover bid for Delivery Hero, creating a delivery giant across 99 markets w…
Amazon fixes AWS billing bug that overcharged customers billions on paper
AWS billing bug showed customers estimated charges in the billions and trillions. Here's why crypto companies relying…
British Virgin Islands emerges as a top crypto hub for exchanges
Kraken, Bitstamp, Bitfinex, and 1inch have registered as VASPs in the British Virgin Islands, making the tiny Caribbe…
Bitmine nears its Ethereum buying limit – Now it needs demand to make the bet pay off
Bitmine plans to slow its Ethereum purchases as its holdings approach 5% of the cryptocurrency’s supply, ending a y…
IBM warns sales fall short of expectations amid AI shift, stock drops 25%
IBM shares fell 25% after Q2 2026 revenue of $17.2B missed estimates by ~$700M as enterprise clients shift spending t…
Apple posts 22% growth in iPhone sales, and crypto markets are paying attention
Apple's fiscal Q2 2026 results show 22% iPhone revenue growth to $57B and record $111.2B total revenue, boosting risk…
Zano Project launches Zenith, transitioning to pure proof-of-stake model
Zano launches Zenith, a pure proof-of-stake protocol with 15-second block times, fee burning, and fully private staki…
Netflix shares fall 11% after Q2 revenue misses expectations
Netflix shares dropped 11% after Q2 2026 revenue of $12.56B missed expectations and Q3 guidance of $12.86B fell short…
Semiconductor stocks fall into bear market as $1.5 trillion evaporates and crypto eyes capital rotation
The PHLX Semiconductor Index fell nearly 20%, erasing $1.5 trillion in value. Analysts watch Bitcoin ETF inflows for …
SK Hynix ADRs drop below $149 listing price for first time as AI chip euphoria fades
SK Hynix ADRs fall below the $149 listing price for the first time, erasing all gains from the $26.5 billion offering…
Apple surpasses Nvidia to become world’s most valuable company
Apple has overtaken Nvidia as the world's most valuable company, with the gap closing to $20B as iPhone demand and ea…
Chinese AI models narrow cyber capability gap with US rivals
Zhipu AI's GLM-5.2 matches Anthropic's Mythos in cybersecurity benchmarks at one quarter the cost, narrowing the gap …
Moonshot’s Kimi K3 sends AI and semiconductor stocks into a tailspin
Moonshot's Kimi K3, a 2.8 trillion-parameter open-weight AI model, triggered a selloff in AI and semiconductor stocks…
Futures tumble as DeepSeek sparks chip meltdown, crypto scam tokens flood Solana and Ethereum
DeepSeek's AI models wiped $589 billion from Nvidia's market cap and triggered a wave of scam tokens on Solana and Et…
Suno raises $400M at $5.4B valuation as copyright lawsuits from major labels intensify
Suno closed a $400M funding round at a $5.4B valuation as copyright lawsuits from Sony and UMG expand to cover 61,000…