
OpenAI reportedly cuts fundraising and valuation targets amid AI jitters
Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on Friday.

Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on Friday.

Tether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victims would get the same protection.

Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.

Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.

Bitcoin treasury company Strategy is looking to finance more Bitcoin purchases through preferred-share offerings, with executive chairman Michael Saylor saying it has the capacity to create as much as $30 billion in digital credit. During Strategy’s third-quarter earnings call, Saylor said the company could generate… Read More

Crypto prices are sliding on the news, with bitcoin falling back to $79,000.




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