Sophon sets Nov. 25 withdrawal deadline ahead of mainnet shutdown
In June, Sophon’s developers said the costs of maintaining a standalone blockchain no longer justified its benefits and announced plans to focus on consumer…
US bans DeepSeek from civilian agency IT systems
The restrictions extend earlier bans within US defense and security agencies, amid concerns that DeepSeek could expose federal information to China.…
Credit markets have entered uncharted territory as the riskiest junk bonds send a warning to investors
Credit markets are sending unusually mixed messages to investors right now, and it’s making some people nervous. Source：MarketWatch
Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback
The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.…
Crypto PAC pours $362K into California race voters essentially decided in August
A Fairshake affiliate is supporting incumbent Aisha Wahab through ads in November, but the congresswoman already won a special election in the district.…
Tether: Senator's investigation misses positive work that's led to lower Iran volumes
The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.…
Market participants weigh in on SEC’s proposed crypto regulations
The financial agency is scheduled to close public comments on its ‘Regulation Crypto Assets’ proposed in August. Source：Cointelegraph
Why Elon Musk, Anthropic and other AI titans are giving away shares
Gifts of stock can help with public relations and offer financial advantages to wealthy individuals. Source：MarketWatch
CoreWeave’s selloff is a lesson in ‘Finance 101’ — and Wall Street says the stock can recover
Analysts argue CoreWeave’s underlying economics are far sturdier than nervous debt and equity investors realize. Source：MarketWatch
Visa, Mesh partner to enable crypto spending at 175M merchant locations
Mesh will connect crypto and stablecoin wallets to Visa’s global payment network, allowing users to spend digital assets without a separate card.…
Mastercard launches stablecoin risk screening for banks and payment providers
The new service combines payment data and blockchain analytics to help banks detect suspicious stablecoin transactions before settlement. Source：Cointelegraph
Revolut secures Gibraltar crypto license to support global expansion
The UKbased fintech will use the authorization to offer crypto services in additional international markets, though it has not disclosed specific countries or…