Finance
Decentralized finance (DeFi) platform Stream Finance has temporarily frozen all withdrawals and deposits after one of its external fund managers reported a loss of approximately $93 million, the company confirmed late Monday. In a post on X (formerly Twitter), Stream Finance said the external manager disclosed the loss earlier this
Markets
Two of the biggest players in digital asset management, Bitwise and Grayscale, have revealed management fees for their upcoming cryptocurrency exchange-traded funds (ETFs) tracking XRP and Dogecoin — even as both firms prepare to move ahead without formal approval from the U.S. Securities and Exchange Commission (SEC). According to recent
A New Kind of Blockchain for a New Kind of AI Kite (KITE) isn’t just another Layer 1 blockchain—it’s a foundation built for the next generation of autonomous AI agents. Designed to be EVM-compatible, Kite provides a secure, programmable environment where artificial intelligence can act, trade, and
AI
The rise of AI-powered web browsers like Fellou and Perplexity’s Comet is being hailed as the next step in internet innovation — but cybersecurity experts caution that these smart browsers may pose serious threats to enterprise security. Touted as digital assistants for the web, AI browsers can summarize pages, automate
Regulation
Zug, Switzerland / Vienna, Austria — AMINA Bank has officially entered the European Union’s financial landscape, gaining authorization under the EU’s new Markets in Crypto-Assets (MiCA) framework. The approval, granted by Austria’s Financial Market Authority (FMA) to AMINA’s newly formed subsidiary, AMINA (Austria) AG, allows the Swiss-based crypto
AI
OpenAI is making one of the boldest infrastructure bets in tech history—spreading roughly $600 billion across Amazon Web Services (AWS), Microsoft, and Oracle to secure the computing power it needs to build and scale frontier artificial intelligence. After ending its exclusive partnership with Microsoft, OpenAI has diversified its cloud
Innovation
HIVE Digital Technologies is stepping up its shift from bitcoin mining to artificial intelligence (AI) and high-performance computing (HPC) infrastructure, announcing the purchase of a 32.5-acre site in Grand Falls, New Brunswick, for $1.7 million. The Nasdaq-listed company plans to transform the site into a renewable-powered data center
Markets
Cipher Mining’s stock jumped more than 33% on Monday after the company announced a $5.5 billion, 15-year lease agreement with Amazon Web Services (AWS) to provide infrastructure for artificial intelligence (AI) workloads. The move marks a major step in the bitcoin miner’s pivot toward high-performance computing (HPC)
A New Kind of Crypto Joke Fartcoin, launched on October 18, 2024, on the Solana network, isn’t your typical cryptocurrency. Instead of promising to “revolutionize finance” or “disrupt banking,” this meme coin takes a lighter approach — embracing the universal truth that, well, everyone farts. The project was born on
Finance
Ripple has officially launched a digital asset spot prime brokerage for the U.S. market, marking a major step in its 2025 expansion strategy. The new platform, part of the company’s growing Ripple Prime division, enables institutional investors to conduct over-the-counter (OTC) spot trading across dozens of cryptocurrencies — including
DeFi
Berachain has temporarily halted its network to perform an emergency hard fork aimed at recovering user funds tied to the massive $128 million Balancer V2 exploit. The coordinated pause, confirmed by Berachain validators, comes as developers move to roll back affected transactions and patch vulnerabilities in the platform’s decentralized
DeFi
Decentralized finance (DeFi) protocol Balancer is under scrutiny after on-chain data revealed what appears to be a large-scale exploit draining over $116 million in crypto assets from its vaults. UPDATE: The attack is ongoing. The estimated loss is ~$88M on multiple chains https://t.co/tu7d5SKYy7 — PeckShieldAlert (@PeckShieldAlert) November 3,