Avalanche Won Over the NYSE. Now It Has to ‘Capture Value’ for AVAX
The New York Stock Exchange will use Avalanche infrastructure, but experts say that won't necessarily boost AVAX's price.
Kraken’s xStocks adds 200 UK and EU shares as its assets top $1.1 billion
Payward says xStocks holds over $1.1 billion. Each token is backed by a share but gives no ownership of the underlying company.
Deleted Gemini Chats Can Stay With Google Reviewers for Up to Three Years
TLDR Google’s Gemini Apps Privacy Hub says reviewed chats can be kept for up to three years after a user deletes them. A GitHub project says an October 16 edit reversed Google’s 2023 pledge that personal Gmail, Docs and Drive content is not seen by human…
Bitcoin Slips Below $73,000 as Core Inflation Hits Fed’s Rate Hike Warning Line
TLDR October CPI rose 0.4% and core CPI rose 0.3%, both above forecasts. Core inflation matched the 0.3% level Fed Governor Christopher Waller flagged for a possible larger rate hike. Bitcoin fell to an intraday low of about $72,836 before recovering…
Bitcoin holds steady as CoreWeave earnings revive AI outlook, Anthropic said to raise IPO valuation
CoreWeave’s revenue surge lifted AI infrastructure stocks and Nasdaq futures, while bitcoin was little changed over 24 hours.
MegaETH Foundation Becomes MEGA, Earmarks $30 Million for New Products
The new entity says it "has no equity and one token," and that its first new product, a public market for AI inference on MegaETH, opens in December. The post MegaETH Foundation Becomes MEGA, Earmarks $30 Million for New Products appeared first on…
Banks Fund Stablecoin Venture Project Faro for Five Years, Still Seek a CEO
TLDR Goldman Sachs, Citigroup, Banco Santander and Deutsche Bank are among 21 firms backing Project Faro. The group has committed about $270 million to cover roughly five years of operating costs. A US dollar stablecoin is planned for the first half of…
Anthropic’s $1.4 Trillion IPO Target May Rise: Report
The Nov. 10 share-price range implied a valuation of about $1.4 trillion. Bloomberg subsequently reported, citing the Financial Times, that bankers were weighing $1.5 trillion or more.
Google DeepMind Agents Cut CPU Use 3.5 Times on Known 1024-Bit RSA Benchmark
TLDR Google DeepMind says two AI agents reproduced a known 1024-bit RSA cryptography computation in three days and 22 hours. The human researcher sent about 20 messages, mostly approvals, and wrote no code. The agents wrote about 33,500 lines of code and…
Circle USDC Solana Mint Near $500M Stays Mostly Unreleased
Trackers flagged a Circle USDC Solana mint near $500M today. The headline number is the mint. The quieter fact is where those dollars sit next. That is the plain read. A mint this size is not a half-billion jump in spendable coins. What the Circle USDC…