Crypto traders price India telecoms company Reliance Jio's IPO at about $110 billion
The preIPO Jio contract on Bitget is trading near $12, a roughly 4% premium on the top price band, as India’s largest public offering remains open for…
PHP flaw draws millions of exploit attempts, Cloudflare CEO warns
Cloudflare’s Matthew Prince said the network saw thousands of exploit attempts even before the PHP vulnerability was publicly disclosed. Source:Cointelegraph
Why a JPMorgan strategist says the stock market’s tailspin might have run its course
Hedge fund positioning has lightened considerably since its recent September peak, and JPMorgan strategists deduce from this that downside for stocks is now…
Why a global bank is slashing thousands of jobs — and what the Fed says about AI replacing workers
Barclays on Thursday said it’s cutting 5,000 jobs, about 5% of its workforce, as the bank relies on artificial intelligence to perform backoffice tasks.…
Top HSBC strategist has a warning for retail investors chasing the AI rally
Maxx Kettner, HSBC’s chief multiasset strategist, says the investors need to understand the goal posts are constantly moving with AI investing.…
Move over memecoins: Crypto ‘meme games’ coming, bagholders and all
“Plenty will be ponzis. Plenty will get exploited. Plenty will insta die. There will be ridiculous gains, and people will get absolutely fing rinsed,” says…
Solana’s biggest network change since 2020 is live. Here’s how users benefit
The new voting system targets settlement in about 150 milliseconds, potentially shortening waits for payments and deposits. Users can keep their existing…
My father-in-law, 81, sold his $75,000 home and paid off his daughter’s $50,000 debt. What happens to him now?
“Nothing has been set aside for his needs.” Source:MarketWatch
This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax
Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a…
PHP Foundation admits ‘structural failure’ delayed critical security fix
Government websites and online services were disrupted after concerns about a PHP bug that could allow attackers to take control of vulnerable servers.…
American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.…
Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.
Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery.…