Cathie Wood’s Ark Invest Sees AI Driving a Prolonged CapEx Boom—Here’s Why
In brief Ark cites a $300B drop in software stock value as AI models like GPT-5.3 erode traditional software moats. The firm interprets $59B in...
Category : Exchange
Robinhood’s Ethereum Layer-2 Network Enters Public Testnet Phase
In brief Robinhood Chain is entering a public testnet phase. The exchange wants developers to experiment with tokenized assets. The company introduced stock tokens in...
Citadel Securities Teams Up With LayerZero on New Blockchain Push
In brief Citadel Securities is backing LayerZero’s Zero blockchain alongside DTCC, Intercontinental Exchange, and other institutions. Zero is designed to share work instead of having...
Discord Downplays Timing, Impact of Its New Age-Verification Policy
In brief Age checks will only apply to age-restricted servers and certain safety settings, Discord said. Discord says its “teen-by-default” rollout is not driven by...
Ray Dalio Warns CBDCs Could Hand Governments Sweeping Financial Control
In brief Dalio said CBDCs could give governments unprecedented ability to monitor transactions and enforce policy through the financial system. He played down their long-term...
AI.com Debuts During Super Bowl After $70 Million Domain Name Buy—What's the Deal?
In brief AI.com went live during Super Bowl LX after a $70 million domain acquisition. Heavy traffic triggered outages as advertised autonomous agents failed to...
Robinhood Shares Slide on Q4 Miss Amid Bitcoin, Crypto Weakness
In brief Robinhood disclosed $1.28 billion in fourth-quarter revenue. Revenue from crypto transactions fell sequentially to $221 million. Prediction markets continued to serve as a...
SafeMoon CEO Gets 8 Years in Prison for Crypto Fraud Scheme
In brief SafeMoon CEO Braden Karony was sentenced to 100 months in prison for his role in a crypto fraud scheme surrounding the SFM token....
Strategy Will Buy Bitcoin 'Forever', Says Michael Saylor—Even With $5 Billion Paper Loss
In brief Strategy founder Michael Saylor said the firm will be buying Bitcoin “every quarter, forever,” despite the firm’s mounting losses. He said that if...
FTX Founder Sam Bankman-Fried Requests New Trial After Firing Attorney
In brief Sam Bankman-Fried has requested a new trial, days after firing his lawyer and opting to represent himself. The disgraced FTX founder appears to...