Is Bitcoin's Sell-Off Finally Running Out of Steam?
In brief Selling pressure is showing signs of fatigue, according analysts citing on-chain data. Large holders scooped more than 54,000 BTC during last week’s drop,...
Category : Exchange
Investigators Circle as Bithumb Reveals Compensation Plan for $43 Billion Bitcoin Error
In brief South Korean regulators are investigating Bithumb after the exchange mistakenly credited users $43 billion in Bitcoin. The error triggered a sell-off that crashed...
Fintechs Back Fed Payments Account That Could Open Rails to Crypto Firms
In brief Fintech trade groups back a proposal for limited Fed payment access for non-bank firms. Banks warn the plan could raise run risk and...
ChatGPT Rolls Out Ads, Just Hours After Anthropic's Mocking Super Bowl Commercials
In brief OpenAI kicked off a limited U.S. ad test for free and Go tier users. The company says ads are labeled, separate from chatbot...
Polymarket Sues Massachusetts Ahead of Looming Ban of Kalshi Sports Markets
In brief Polymarket has sued Massachusetts in federal court, arguing the state lacks authority to regulate prediction markets. Courts in Massachusetts and Nevada have moved...
Jump Trading to Earn Stakes in Polymarket, Kalshi via Liquidity Deals: Bloomberg
In brief Jump Trading will provide market-making services to Kalshi and Polymarket in exchange for small equity stakes, according to a report from Bloomberg. The...
AI Promised to Save Time—Instead It's Created a New Kind of Burnout
In brief Research published on the Harvard Business Review found that AI is accelerating work, not reducing it. Productivity gains are morphing into burnout and...
Bitcoin Miner Cango Dumps $305 Million in BTC to Fuel AI Pivot
In brief Bitcoin miner Cango (CANG) sold 4,451 BTC or about $305 million worth this weekend. The firm used the proceeds to repay a BTC-backed...
YouTube Star MrBeast Just Bought a Banking App—Will It Offer Crypto?
In brief Beast Industries, MrBeast’s holding company, is acquiring Step, a mobile banking platform for teenagers and young adults with FDIC insurance through Evolve Bank...
Tom Lee’s BitMine Buys More Ethereum Despite $7.5 Billion Unrealized Loss
In brief BitMine Immersion Technologies added around $83 million worth of ETH last week. The firm now holds 4.325 million ETH, or over $8.8 billion...