Bitcoin Falls as Hot US Inflation Fuels Fears of Bigger Fed Rate Hike
Bitcoin fell below $74,000 after October inflation beat forecasts, increasing pressure on the Federal Reserve to raise rates again at its December meeting.
Commerce Halted Megaspeed Chip Probe After Nvidia Outreach, NYT Reports
The Justice Department is conducting a criminal inquiry into the Nvidia customer, according to the report, while Commerce says it handled the case by the book.
PNC Launches USDC Payments Pilot With Coinbase
Eligible corporate and institutional clients can accept USDC on Ethereum, with proceeds automatically converted into dollars in their PNC accounts.
Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat
Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December.
Alta raises $47.5 million Series A to build a blockchain for financial institutions
Alta’s blockchain will combine privacy and compliance controls for banks and other financial firms.
Ethereum’s Glamsterdam Upgrade Stalls on Gas-Change Risks to Live Contracts, Pending Audits
Ethereum's next upgrade has no new testnet date while auditors check which live contracts its gas changes could break, and Ethlabs is recommending no decision until the results are clear. The post Ethereum’s Glamsterdam Upgrade Stalls on Gas-Change Risks…
Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump
Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.
This AI-Related Cryptocurrency Explodes to a New ATH: The Key Drivers and Next Targets
The token in question has joined the ranks of the top 100 biggest cryptocurrencies by market cap.
MEGA commits $30 million to new products, starting with AI inference
The MegaETH Foundation has rebranded as MEGA and committed $30 million to new products, starting with AI inference.
Plume affiliate lands broker-dealer license to bring real U.S. assets onchain
Kimber Digital Securities secured SEC and Finra approvals, a regulatory milestone paving the way for the delivery of legally binding claims, dividends, and yield-bearing products directly to self-custodial wallets and stablecoin applications in the U.S.