Business
Companies, funding, deals and the money behind the industry.
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X Data Breach? Users Are Getting Flooded With Password Reset Emails Nobody Requested
Users of X, the social media platform formerly known as Twitter, reported receiving a wave of password reset emails they never requested, sparking fears of a possible data breach.…
Cathie Wood’s Ark Invest Buys $37 Million in Bitcoin and Payments Firm Block
Ark Invest, the investment firm led by prominent tech investor Cathie Wood, has scooped up roughly $37 million worth of shares in Block, the Bitcoinfocused payments company…
Bitcoin stays flat as global bond bear market rages on, pushing JGB to high
Bitcoin held its ground near $78,000 on Tuesday as government bond yields around the world climbed to their highest levels in decades, with Japan's benchmark debt hitting a…
Robinhood's new crypto network is printing cash, and it's sending Arbitrum's token soaring
Robinhood's newly launched blockchain network is generating substantial revenue, and the surge is spilling over into the price of Arbitrum's ARB token, which jumped roughly 30% as…
Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs
Firelight, a decentralized finance protocol focused on making DeFi safer for institutional players, has raised $8 million in fresh funding as it broadens its reach beyond the XRP…
Asia sees digital asset custody infrastructure deals from Ripple, Coincheck
Ripple and Japanese exchange operator Coincheck are among the blockchain firms striking new partnerships aimed at expanding digital asset custody and tokenized asset management…
Kast launches stablecoin-powered business platform after $80M raise
Kast, a stablecoinfocused financial services firm, has rolled out a new business platform aimed at enterprises, following a fresh $80 million funding round that will fuel its…
UK’s crime agency freezes Premier League $13.5 million account in crypto crime probe
The UK's National Crime Agency has frozen a Premier League account holding roughly $13.5 million as part of a broader investigation into cryptocurrencyrelated financial crime,…
Morning Minute: Saylor’s Back Buying Bitcoin
Michael Saylor's Strategy has returned to the market with a fresh round of Bitcoin purchases, resuming an acquisition strategy that has defined the company and made it one of the…
South Korea Arrests Four Over Crypto Payments to Syrian Terror Group
South Korean authorities have arrested four people accused of funneling cryptocurrency payments to a Syrian militant organization, in what investigators describe as an…
Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal
Hut 8's sprawling Texas power campus has emerged as a linchpin in a massive artificial intelligence infrastructure arrangement tied to Anthropic's $35 billion deal, with the site…
Lazarus Group-linked addresses move $30M through Hyperliquid
North Korea's notorious Lazarus Group has reportedly funneled roughly $30 million in digital assets through the decentralized exchange Hyperliquid, according to onchain analysts…
Saylor Urges MSCI to Drop 'Discriminatory' Rule That Would Delete Strategy
Michael Saylor, executive chairman of Strategy, is pushing back against a proposed MSCI rule change that could see his firm removed from the index provider's widely tracked global…
London Stock Exchange partners with Kraken parent for tokenized UK stocks: FT
The London Stock Exchange Group is teaming up with the parent company of crypto exchange Kraken to bring tokenized UK equities to market, according to a report from the Financial…
Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
Singapore's central bank has unveiled a proposed regulatory framework for stablecoin issuers that would require full reserve backing and prohibit the payment of yields to holders,…
Bitcoin consolidates near $78,000 as Arbitrum surges 30% on Robinhood Chain revenue
Bitcoin held steady near $78,000 on Monday, taking a breather after last week's climb, while Arbitrum's native token soared roughly 30% following surging revenue from the…
UK's National Crime Agency Freezes $13.6M Sent by Sorare to Premier League: Report
The UK's National Crime Agency has frozen roughly $13.6 million in funds paid by fantasy sports platform Sorare to the Premier League, according to reports, marking a significant…
Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par
Strategy has poured roughly $635 million into buying back its STRC perpetual preferred shares, but the effort has yet to lift the stock back to its intended $100 par value, with…
Live updates: Bitcoin slumps as oil surges to three-month high on new Iran strikes
Bitcoin edged lower on Tuesday as fresh geopolitical tensions in the Middle East sent oil prices climbing to a threemonth peak, even as spot exchangetraded funds tracking the two…
Live updates: Bitcoin trades around $78,000 as crude surges, global bond sell-off deepens
Bitcoin held near $78,000 on Monday as spot exchangetraded funds resumed net inflows, bringing in $217 million a day after a single session of outflows interrupted a nineday…
- Metaplanet CEO breaks silence but shareholders say the hard questions remain unanswered
- Your LG TV Might Still Be Listening to You—Even When It Looks Like It’s Off
- Catapult Draws KuCoin Ventures Backing as Fundraising Round Continues
- OpenAI Chief Scientist Warns AI Labs May Need to Slow Down
- UK financial watchdog weighs lifting prediction markets ban: Report
