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
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…
Binance arranges $6.34 billion to cover losses from record crypto hack
Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets. Source:CoinDesk
Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar revenue businesses
Amazon chief executive Andy Jassy set a bold target on the conference call announcing thirdquarter earnings. Source:MarketWatch
Why Intel’s stock is sinking toward its worst drop in two years
Intel’s PC business is under pressure as memorychip prices dent demand and as corporate IT teams have less budget for laptops. Source:MarketWatch
Binance loses $5.7 billion in largest crypto hack to date
Crypto prices are sliding on the news, with bitcoin falling back to $79,000. Source:CoinDesk
Stanley Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investment
The billionaire investor disclosed an investment in Trade[XYZ] as the platform teams up with the NYSE's parent company. His family office previously reported…