One Brutal Wall Street Session Erased More Than the Entire Crypto Market
The S&P 500 alone wiped out roughly $3 trillion in market value within a single trading session. Just a day after the post-election relief rally, Wall Street suffered one of its most violent sessions in years, with S&P 500 companies wiping out roughly $3 trillion in market value as the Nasdaq posted its steepest…
Zelda Switch 2 restock retailers: Where to buy the 40th anniversary console
If your current morning ritual involves violently hitting refresh on a dozen retail tabs, you already know the vibe: finding the Nintendo Switch 2: The Legend of Zelda 40th Anniversary Edition is turning into an Olympic sport. Between automated bot armies scooping digital drops, surprise order cancellations at Walmart, and inventory vanishing in seconds on…
White House Reviews SEC Crypto Rules After Democratic Midterm Victory
Key Takeaways The SEC’s proposal, identified as RIN 3235-AN48, is undergoing White House regulatory review, with no public release date established. Four existing securities rules governing broker-dealer capital, customer protection and recordkeeping are under consideration. Democrats assume control of Congress on Jan. 3, 2027, creating potential political obstacles for President Donald Trump’s cryptocurrency policies. SEC…
Kalshi midterm trading tops $2.5b, nearly doubling 2024
Kalshi has reported more than $2.5 billion in trading volume on its 2026 U.S. midterm election markets, nearly twice the $1.3 billion recorded during the 2024 election cycle. Summary Midterm election trading surpassed the 2024 cycle’s total by more than $1.2 billion. Kalshi said favored candidates won 479 of 487 races resolved by early Nov….
The Fridge-Hacking Spree Is an Internet-of-Things Wake-Up Call
Escalating hacks affecting blood labs and grocery stores show the very real risks to critical infrastructure that come from basic security lapses involving internet-connected devices. Source link
Paraguay’s Bank Collapse Exposes a Problem Bitcoin Was Built to Solve
Can BTC’s self-custody actually offer protection when trust in a banking institution suddenly breaks down? Paraguay faces one of its most serious financial and political crises in years after regulators seized Ueno Bank, a fast-growing digital lender used by millions of locals. Although it began as a solvency issue, the situation quickly worsened, spreading…
OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation
OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at $1.25 trillion. Bloomberg reported on the new funding on Friday, citing sources familiar with the matter. The $11 billion is part of a larger funding round that hasn’t closed yet, according to the outlet. The round…
Nubank and Mercadopago Suspend Crypto Withdrawals in Latam
Key Takeaways Mercadopago and Nubank paused crypto transfers, citing issues with an external risk monitoring provider. The sudden disruption sparked unconfirmed social media rumors of a cyberattack on their custodian, Paxos. This fuels regional crypto anxiety, coming just days after a $46M digital asset theft at Mercado Bitcoin. Mercadopago and Nubank Stop Crypto Deposits and…
Can companies stop third parties trading tokenized US shares?
A US experiment allows certain venues to trade tokenized stocks under temporary conditions. The most revealing dispute concerns third parties that put shares onchain without the company’s involvement. Investors still need to know who holds the share, what rights travel with the token and what happens if the company objects. Summary The SEC’s temporary exemption…
Nothing’s First AI Device Is Coming in December: What We Know
Nothing CEO Carl Pei has confirmed a December launch for the company’s first AI-native device. Here’s what we know about its design, features, and availability. The post Nothing’s First AI Device Is Coming in December: What We Know appeared first on TechRepublic. Source link
