Preferred Stock Dividends Paid Daily Strategy
@Strategy proposes daily dividend record dates for STRC, STRD, STRF, and $STRK without altering rates or obligations. Shareholders to vote on October 28. #Update #Crypto $STRK
Crypto News
General category for all types of news related to the cryptocurrency world.
Institutions Buy $4.1B US Equities Amid Retail Selloff
Institutional investors bought $4.1B in US equities, while retail sold $2.2B, marking eight weeks of outflows. Small-cap stocks face pressure as the Russell 2000 ETF sees significant withdrawals. #Update #Crypto $MATIC (-6) ↘
Kalshi Appeals Denied Ahead of Supreme Court Showdown
@Kalshi lost an appeal as the 6th US Circuit Court ruled Ohio and Tennessee can regulate its sports-event contracts under state gambling laws, potentially leading to a Supreme Court case. #Update #Legal
Google Launches Free 1080p AI Video Tool
Google offers free 1080p AI video generation via Google Vids, removing paywalls and marking the end of OpenAI’s Sora API. #Update #Tech
Bitget Pauses Withdrawals After $351.6M Breach
@Bitget confirms a $351.6M breach in its hot wallets, pausing withdrawals while law enforcement investigates. Cold wallets and customer balances remain secure. #Breaking #Security
Galaxy Digital Adds $100M sUSDS to Treasury
Galaxy Digital invests $100M in Sky Protocol’s sUSDS, integrating it into its $1.4B loan book as institutional collateral, boosting SKY token by 7.5%. #Update #Crypto
ECB Connects TIPS With Brazil’s Pix
The European Central Bank (ECB) is exploring linking its TIPS platform with Brazil’s Pix for faster, cheaper EU-Brazil payments, reducing SWIFT reliance. #Update #Finance
Crypto Exec Blasts Germany’s 50% Tax Plan
Germany proposes a 50% tax on crypto sales lacking credible purchase proof, raising liquidity concerns. @paddi_hansen criticizes impact on retail investors. #Update #Legal
Kalshi Faces Setback as Court Rules Against Sports Contracts
Another appeals court ruled against @Kalshi, stating its sports contracts fall under state regulations, not federally regulated swaps. This impacts competition with state gambling platforms. #Update #Legal
ChatGPT Pro Max Launches $500 Plan
OpenAI is reportedly testing a $500/month ChatGPT Pro Max plan focused on speed enhancements for its Work and Codex tools, with more details expected at DevDay. Tech
Bitget Losses Soar to $387M North Korea Suspected
Bitget confirms a $387.5M hack, suspected North Korean involvement; $103M XRP stolen. User funds protected by the exchange’s fund. Investigation ongoing. #Breaking #Crypto $XRP
Bitget Hackers Drain $228M in Minutes
$228M left @Bitget in 18 minutes during a hack; $ETH and $XRP were moved across wallets. Bitget’s protection fund covers the estimated $351.6M loss. #Breaking #Security $ETH
Prediction Markets Surge as Morgan Stanley Joins
Morgan Stanley joins NEXTPredict summit as a strategic partner, leading a panel on institutional capital in prediction markets. The event highlights growing institutional interest. #Update #Finance
Crypto Gains Reporting Triggers IRS Tax Nightmare
Taxpayers face challenges filing 2025 returns under new IRS rules, with 21% awaiting exchange information and discrepancies in reported gains, complicating crypto tax calculations. #Update #Crypto $BTC