Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'
The postelection rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.…
Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and…
How to buy a new car for under $30,000 in this economy
Consumers burdened by the high cost of gas, insurance and maintenance are driving up demand for those lowcost cars. Source：MarketWatch
What is TraderTraitor, the hacking squad behind the $6.3 billion Binance heist
The hacking group has been behind some of the crypto industry's most recent highprofile thefts. Source：CoinDesk
Bitcoin crashes 6% to 7-week low as US stocks erase election gains
Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap selloff, reversing postelection gains. Source：Cointelegraph
Micron, Sandisk and other AI stocks are falling hard: ‘Investors don’t like uncertainty.’
Wall Street is digesting the prospect of a slower AI buildout in the wake of the midtermelection results. Source：MarketWatch
Billionaires aren’t off the hook for higher taxes, even if they did dodge California’s wealth tax
Silicon Valley spent big to kill California’s wealth tax — but incoming Democrats are eyeing a national fight. Source：MarketWatch
Blockchain is ‘perfect solution’ for AI agent trust, VeChain CEO says
Sunny Lu said AI agents would need identity and reputation systems, making the case while promoting agentbuilding platform VeWorld.ai. Source：Cointelegraph
Can decentralized phone networks power the AI revolution?
Decentralized AI networks want to turn everyday phones into an alternative to centralized computing infrastructure — but skeptics have their doubts.…
Google could take stake in bitcoin miner TeraWulf’s $19 billion AI project if Anthropic defaults
A $19 billion datacenter agreement includes an unusual provision allowing Google to acquire part of the project if Anthropic fails to pay its rent.…
Ukraine’s central bank opposes crypto bill, citing monetary sovereignty concerns
Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote. Source：CoinDesk
Robot maker Agility starts trading today — but its steep losses are raising red flags
Agility is going public via a SPAC merger that one executive says will give it a “firstmover advantage.” Source：MarketWatch