US CPI Growth Misses Estimates at 3%
US CPI rose 3% year-over-year in September, below estimates, indicating cooling inflation pressures and potential Federal Reserve policy adjustments. #Update #Market
Crypto News
General category for all types of news related to the cryptocurrency world.
AI Biodefense Startup Valthos Launches $30M
Valthos launched with $30M from OpenAI, Lux Capital, and Founders Fund to develop AI biodefense tools, addressing RAND’s warning on AI-driven crises. #Update #Tech
Ferrari Launches Elite Web3 Token 499P
Ferrari unveils “Token Ferrari 499P” for Hyperclub members, marking its blockchain debut, Reuters reports. #Update #Blockchain
Bonk Holdings Acquires $32M Nears 3% Supply
@Bonk Holdings Inc. (BNKK) acquires $32M in BONK, holding nearly 3% of total supply; plans to double holdings soon. CEO optimistic about long-term shareholder value. #Update #Crypto $BONK
Bitcoin Tipping Launches for 51M Rumble Users
@Rumble plans to launch Bitcoin tipping for its 51 million users by mid-December, allowing BTC tips through a built-in wallet, developed with Tether. #Update #Crypto $BTC
Tether Launches Decentralized AI App
Tether unveils QVAC Genesis I, a 41-billion-token dataset for STEM AI models, with local privacy-focused AI app QVAC Workbench, challenging Big Tech’s AI dominance. #Update #Tech @Tether_to
Stablecoins Surge with New Master Account Framework
Federal Reserve Governor Christopher Waller proposed a “skinny master account” for crypto firms, allowing limited access to Fed payment rails while managing risks. This could benefit stablecoin issuers. #Update #Crypto $USDC
Beyond Meat’s Roaring Kitty Sparks Investor Buzz
Dimitri Semenikhin, aka Capybara Stocks, invests $3M in Beyond Meat, seeing a 233% return. He shifts focus to Ethereum treasury firm ETHZilla. #Update #Stocks
Crypto Crime Redefined by North Korea Hackers
North Korea’s hackers, using AI for automation, have stolen $2 billion in crypto this year, including a record $1.5 billion Bybit breach. Security measures must adapt rapidly. #Update #Crypto $BTC $ETH
Polymarket Launches POLY Token Amid US Expansion
Pump.fun acquires Padre, enhancing its Solana meme coin platform with multi-chain trading capabilities across Solana, BNB Chain, Base, and Ethereum. #Update #Crypto
Custodia Launches Tokenized Deposit Network
Custodia Bank and Vantage Bank Texas launched a live network for tokenized deposits, pending final regulatory approval. This platform allows U.S. banks to issue blockchain-based insured deposit tokens. #Update #Blockchain
DraftKings Predictable Zelle Embraces Stablecoins
DraftKings acquires Railbird, focusing on non-sports betting states to protect licenses; Canaan’s shares rise 18% amid turnaround; Zelle adopts stablecoins for cross-border payments. #Update #Crypto
CryptoPunk Acquired by LinkedIn’s Reid Hoffman
LinkedIn co-founder Reid Hoffman updates his profile with a CryptoPunk NFT, reflecting increased tech leader interest in blockchain culture. #Update #NFT #CryptoPunks
Crypto Deputy Hides $5M in Poltava Scandal
Poltava city council deputy is under investigation for hiding over 200 million hryvnias in cryptocurrencies, allegedly submitting false declarations for three years. Assets linked to him and his relatives were concealed via verified exchange accounts. #Breaking #Legal