Kalshi in advanced talks to raise new funding at $40B valuation: Reuters
The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December.…
XRP Ledger starts carrying fund records from Brazil operator overseeing $4 trillion
The regulated operator is mirroring ownership of selected investment funds on XRPL while keeping its existing database as the official record. Source:CoinDesk
Crypto.com AI agent still in ‘stealth mode’ nearly 8 months after Super Bowl debut
In February, ai.com drew enough traffic to crash its website after a $15 million Super Bowl ad, but months later, users are still wondering what’s happened to…
Binance Pay lets visitors spend USDT at PayPay merchants in Japan
Binance Pay will let overseas users spend USDT at most PayPaysupported merchants in Japan through HIVEX, while stores receive yen. Source:Cointelegraph
Trump accord calls for tech firms to ‘self police’ their own frontier AI
The voluntary accord puts much of the responsibility for managing frontier AI risks on developers. Source:Cointelegraph
Robinhood adds AI agents, perps and weekend trading in push to win active traders
The brokerage is expanding its trading hours and adding leveraged crypto products and automated trading tools to attract more active investors. Source:CoinDesk
Hollywood’s big debt deal hits a wall of higher yields as Paramount finances Warner Bros. buyout
The Paramount financing will be a closely watched barometer of dealmaking appetite despite rising borrowing costs in 2026. Source:MarketWatch
Target’s price cuts are a sign of strength, some analysts say. Investors disagree.
A Jefferies analyst sees Target “prioritizing the health of the franchise over shortterm profit optimization.” Source:MarketWatch
Microsoft’s stock is on track to post its biggest quarterly gain in 28 years
Amid a “flight to quality,” Microsoft’s stock has stood out as an AI winner, according to one analyst Source:MarketWatch
Nvidia’s historic buyback announcement underscores a sharp divide in Big Tech
Nvidia is expanding its buyback program to $235 billion while Alphabet and Meta halt repurchases and reallocate money to their AI initiatives.…
Traders expecting a back-to-back rate hike from the Fed in October may have gotten ahead of themselves
New York Fed’s John Williams says “there is no need for urgency” after the central bank’s September hike. Source:MarketWatch
Agencies publish resolution plan feedback letters for 15 banking organizations
Agencies publish resolution plan feedback letters for 15 banking organizations Source:Federal Reserve