Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources
The chatbot app once valued at $1 billion is up for sale in a Delaware court, two weeks after launching new models. If nobody buys it, it shuts down.
Ledger’s crypto wallet implant scare triggers Trezor reseller crackdown as security fears spread
Trezor is cutting authorized resellers after a hardware-implant attack against rival Ledger exposed vulnerabilities in cryptocurrency wallet distribution. In an Oct. 13 letter, Trezor Chief Commercial Officer Danny Sanders said selected partners would…
Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years
Binance will discontinue Binance Pool, Pool Savings, Cloud Mining, and other related services in a retreat from mining infrastructure.
Bitcoin Whale That Sat Through Every Crash Since 2020 Just Moved $377M
A wallet that received 4,581 BTC in March 2020, worth about $40 million then, moved its stash today when it was worth about $377 million.
Russia Adds Sberbank to Crypto Exchange Register, Joining 9 Firms Before Dec. 1 Launch
Key Takeaways: The Central Bank of Russia has granted Sberbank permission to provide cryptocurrency exchange. Nine companies were added to the country’s register of crypto exchanges, including VTB and T-Invest Lab. On December 1, 2026, Sberbank will…
Strive Buys $280 Million in Bitcoin, Its Largest Purchase in Months
The Nasdaq-listed asset manager bought the Bitcoin at an average of about $84,500 during a rough week for the market, lifting its total stash to 32,773 BTC.
Global watchdog warns the $300 billion stablecoin market could face bank runs even with full reserves
The Financial Stability Board (FSB) warned that stablecoins could face redemption crises if, during market stress, reserves become inaccessible across borders. In an Oct. 12 report, the global financial watchdog said stablecoin issuers operating through…
AI Will Hit 40% of Jobs, IMF Warns. Young People Are First in Line
IMF chief Kristalina Georgieva says AI investment is holding global growth near 3%, with Asian chipmakers winning big, while warning of a ‘slow-moving tsunami’ for young workers.
Standard Chartered Will Hold Ripple’s Stablecoin in Dubai—And Let Clients Trade With It Without Moving It
The bank’s Dubai branch now offers custody for Ripple’s RLUSD stablecoin and plans a link with LMAX that lets institutions post it as trading collateral while the coins stay put.
FTX’s former Bitcoin mining bet gets new life as parent raises €800 million for AI
SWI Group has raised €800 million to expand AI infrastructure, advancing its plan to repurpose FTX-backed Bitcoin miner Genesis Digital Assets. On Oct. 12, the Amsterdam-listed company announced a capital increase backed by institutional investors,…