Nakamoto Extends $60M Kraken Loan, Adds Bitcoin Derivatives to Its Collateral
Nakamoto has bought itself more breathing room on its Kraken loan, as the remaining $165 million is now scheduled across 2027.
AMD Sinks 9% as Chip Rally Falters After Huang Exit
Broadcom and Marvell also fell more than Nvidia on Friday, but all three held onto double-digit weekly gains.
Coinbase Wins Final OCC Clearance for US Trust Company
The charter brings a federal framework to Coinbase’s custody business, following conditional approval in April. It does not make the exchange a commercial bank.
Unocoin Suspends Withdrawals After Suspicious BitGo Wallet Transfers
Indian cryptocurrency exchange Unocoin has maintained its suspension of deposits and withdrawals while investigating suspicious transactions involving its BitGo wallet infrastructure. The latest update suggests that the transfers may have been executed…
Merck & Co. (MRK) Stock: Rises as EU Backs Expanded RSV Drug Approval
TLDR Merck stock climbs 0.65% to $147.90 after positive EU opinion on ENFLONSIA. EU advisers back ENFLONSIA use for high-risk children through a second RSV season. European Commission decision on Merck’s expanded RSV treatment is due in two months. Phase…
Meta tests prediction market app using ‘cred’ points instead of cash: WSJ
Meta employees are testing Takes, a prediction app that rewards correct calls with credibility points.
China’s $3.2 Billion AI Pipeline Still Calls for Nvidia Chips Washington Restricts
Chinese data center projects are still being designed around restricted Nvidia processors, even as Beijing pushes domestic alternatives.
SMX (SMX) Stock: Unveils Scientific AI Platform Ahead of 2027 Commercial Launch
TLDR SMX stock drops 5.17% to $4.59 despite plans for a new scientific AI platform. Security Matters targets a limited commercial AI platform launch in Q2 2027. SMX Scientific Intelligence aims to improve material research and selection. The platform…
JPMorgan’s Bitcoin and Crypto-Linked Holdings Approach $1 Billion
The bank’s Q3 13F shows roughly $981 million across Bitcoin ETFs, Strategy and Coinbase—likely over $1 billion counting Robinhood and miners.
Maple CEO Defends Institutional Push Amid Departures
Sidney Powell said the leadership departures concern Maple’s direction, not its loan book, and outlined plans to expand institutional credit and fintech distribution.