News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Anthropic and OpenAI Ban Secondary Trading of Their Shares
Anthropic and OpenAI have banned secondary trading of their shares, invalidating any unauthorized transactions without board approval.
James Park2 min - News
CertiK Reports on North Korea's "Industrialization" of Crypto Theft
CertiK reveals that North Korean hacker groups have turned cryptocurrency theft into a state-sponsored operation, stealing over $6.7 billion since 2017.
James Park2 min - News
OpenAI Co-Founder Collected Evidence Against Sam Altman for a Year
Ilya Sutskever, former OpenAI scientist, revealed he spent a year gathering evidence against Sam Altman, leading to significant developments in a lawsuit involving Elon Musk.
Elena Volkov2 min - News
US Inflation Rises to 3.8% with No Reaction from Bitcoin
US inflation has risen to 3.8%, driven by energy costs, but Bitcoin remains largely unaffected. The Senate prepares to confirm Kevin Warsh as the new Fed Chair amid these economic changes.
Marcus Reid1 min - Crypto
Michael Saylor Unveils Strategy's Bitcoin Reserve Plan
Michael Saylor announced that Strategy will continue to expand its Bitcoin reserves, with recent purchases significantly exceeding any potential sales.
Sarah Chen2 min - Crypto
Morgan Stanley Bitcoin ETF Completes First Month Without Outflows
Morgan Stanley's Bitcoin ETF has completed its first month without any outflows, outperforming competitors and attracting significant retail investment.
Daniel Kim1 min - News
Canada's First SMS Blaster, Trojan in DAEMON Tools, and Other Cybersecurity Events
This week in cybersecurity: fraudsters exploit Telegram, Toronto finds its first SMS blaster, hackers target TeamPCP, and a Trojan in DAEMON Tools spreads globally.
Marcus Reid5 min - Crypto
Campaign to Include Bitcoin in Swiss National Bank Reserves Fails
A campaign to mandate the Swiss National Bank to hold Bitcoin in its reserves has failed to gather enough support for a referendum.
Daniel Kim2 min - News
Kalshi Raises $1 Billion at $22 Billion Valuation
Kalshi has successfully raised $1 billion in its Series F funding round, boosting its valuation to $22 billion, driven by strong institutional demand.
Sarah Chen1 min - Crypto
BitMine to Reduce Ethereum Purchases
BitMine is set to reduce its Ethereum purchases as it nears its accumulation goal, holding over 5.1 million ETH valued at $11.9 billion.
Elena Volkov2 min - Crypto
Bitcoin Tests Support at $80,000
Bitcoin's price dipped below $80,000 amid geopolitical tensions, triggering significant market reactions and profit-taking among traders.
Marcus Reid3 min - News
Arbitrum DAO Approves $70 Million Transfer to DeFi United Fund
The Arbitrum DAO has approved a $70 million transfer to DeFi United, but legal challenges remain regarding the frozen assets.
Sarah Chen1 min