Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts
Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out. Source:CoinDesk
Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach
Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact. Source:CoinDesk
Institutions embrace crypto staking despite shrinking yields
Easier access and growing familiarity are encouraging investors to stake their tokens, while falling rewards and withdrawal delays test the economics.…
Uber tests how tokenization can put idle cash to work with HSBC, Franklin Templeton
The pilot let Uber keep funds invested in money market products while accessing cash for payments, even on weekends. Source:CoinDesk
Google taught the world how to search. Now it faces a revolution it can’t afford to lose.
Wall Street is grappling with a fundamental question: Are Google’s AI Overviews bound to save search — or ruin the whole business? Source:MarketWatch
Nvidia’s Megaspeed ties show potential blind spots in the U.S. effort to block China from accessing advanced chips
Nvidia CEO Jensen Huang’s business meetings are routine practice and existing U.S. export controls largely miss the cloud, experts say. Source:MarketWatch
Grand Theft Callout: ‘GTA 6’ fans are missing work on the game’s release day because they ‘don’t want to wait’ anymore
After waiting 13 years for this videogame, almost onefifth of workers plan to take the day off to play ‘Grand Theft Auto VI’ when it drops on Nov. 19…
OpenAI reportedly cuts fundraising and valuation targets amid AI jitters
Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on…
SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions
The Securities and Exchange Commission took another step forward today to assist brokerdealers and other market participants on the path to central clearing of…
Microsoft is winning the cloud wars and becoming Wall Street’s new golden child
Various factors indicate that Microsoft is in a better financial position than its cloud rivals, analysts say. Source:MarketWatch
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday. Source:CoinDesk
Trump administration is illegally delaying student-debt forgiveness for tens of thousands of public servants, lawsuit alleges
Teachers, nurses and other borrowers have waited years for approval to complete their payment obligation and access debt relief, the suit claims.…