South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. Source:CoinDesk
Two stock picks to capitalize on Wall Street’s misguided AI fears
Sowmdeb Sen of Silvant Capital Management highlights companies poised to benefit from the acceleration of AI spending. Source:MarketWatch
PHP flaw shows AI ‘vulnerability apocalypse’ is on schedule: Immunefi CEO
Mitchell Amador warned internet users that websites could remain compromised for weeks, particularly smaller websites slower to adopt the emergency upgrades.…
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, nonbank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within…
The excitement around Moderna’s cancer vaccine is cooling. Here’s why.
Investors had “incredibly high” expectations around the Phase 3 data for the drugmaker’s experimental cancer treatment. Source:MarketWatch
Retail investors are getting cold feet about stocks, just when the market needs them most
Last week’s carnage for hedge funds highlighted the relative decline in trading activity among retail investors. Source:MarketWatch
The 5 big voting issues in the midterm elections that will impact your wallet
America won’t be picking a president Nov. 3, but this is how the voting results could affect fuel prices, taxes and more. Source:MarketWatch
Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million.…
AI giant Anthropic files for blockbuster IPO
The maker of Claude reported $16.3 billion in firsthalf revenue and an $80.7 billion net loss as it aims to price its offering in midNovember. Source:CoinDesk
HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein
Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160. Source:Cointelegraph
A dot-com survivor warns retail investors against buying the tech dip: ‘You’re taking a knife to a gunfight.’
Technologyportfolio mangers are treading carefully with tech these days, retail investors should be just as cautious, says industry veteran Ted Mortonson.…
Nvidia, AMD and Broadcom could buy Meta shares as part of $35 billion stock offering
Meta is looking to raise a total of $95 billion through stockrelated deals that stretch into early next year. Source:MarketWatch