Nasdaq-listed Tron sets up $200M ATM share offering to fuel TRX acquisitions
The Nasdaqlisted treasury company holds about $237 million in TRX tokens and plans to raise additional capital to fund its purchases, alongside its daily…
Micron, Nvidia and other chip stocks face renewed pressure as AI fears swell
Reported details about Anthropic’s financial progress are adding to concerns about the health of the AI ecosystem. Source:MarketWatch
How Brooklyn prosecutors and the FBI took down a massive crypto fraud network targeting Russian speakers
The scheme allegedly stole tens of millions through Russianlanguage Facebook ads and fake advisers, then went after victims again with fake recovery offers.…
Live updates: Bitcoin back under $81,000 as AI selloff worsens
September inflation came in above forecasts and the selloff in AI stocks picked up speed, dragging bitcoin back toward last week’s low. Source:CoinDesk
Hyperliquid founder wants U.S. oversight of trading platforms, not his blockchain
Jeff Yan told Bloomberg that U.S. regulatory oversight should apply to the firms using the blockchain, not to the underlying network itself. Source:CoinDesk
Hex founder Richard Heart arrested in Istanbul, Turkish media report
Police reportedly seized $4 million in cash and 64 luxury watches during a raid on the crypto founder's Istanbul residence. Source:CoinDesk
Babylon advances native Bitcoin lending proposal on Aave V4
Babylon’s proposal to bring native Bitcoin collateral to Aave V4 has entered a new governance stage, but further votes and security reviews remain before…
Why the AI trade is not set up for a rebound like July’s, according to JPMorgan
Fewer shorts, buybacks ending, no inflows and too many longs imply no recovery is imminent, says a JPMorgan strategist. Source:MarketWatch
TSMC CEO sees no sign of a slowdown as chip foundry reports record profit
The semiconductor foundry announced thirdquarter net profits of 763.34 Taiwanese new dollars, marking a record. Source:MarketWatch
BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession. Source:CoinDesk
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov.…
Bitcoin is back below $81,000 as Fed rate uncertainty weighs
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled. Source:CoinDesk