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Vanguard ‘Degen Effect’ Fuels 10% Surge for Bitcoin in Explosive Rebound
Bitcoin (BTC) price surged more than 6% on Wednesday, pushing toward the $94,000 threshold during the early hours of the Asian session. It comes just hours after Vanguard lifted its long-standing ban ...
Instacart Sues New York City to Block New Grocery Delivery Laws
Instacart is suing New York City over the city’s new laws that will govern grocery delivery workers’ pay and tips. The lawsuit targets Local Law 124, Local Law 107 and other grocery del...
Big Tech Broadens AI Footprint from Local PC Agents to Super Factories
A new wave of announcements from big technology companies shows how quickly the artificial intelligence (AI) landscape is shifting. This week’s updates reflect a broader push to increase existing fo...
Big Banks Push Stablecoins Into a New Cross-Border Fight
Cross-border payments are easier said than done. Particularly for multinational businesses or mid-size firms looking to expand overseas. The reality is that cash routed across borders stil...
Terminal Finance Shuts Down After Ethena’s Converge Chain Fails to Launch
The shutdown comes after months of delays on Converge’s mainnet, leaving Terminal Finance without the ecosystem it was built for....
Why Trump-Backed Mining Company Struggles Despite Bitcoin’s Recovery
Shares of American Bitcoin Corp., the mining company tied to the family of US President Donald Trump, experienced a sharp decline on Tuesday, despite a broader recovery in the cryptocurrency market. ...
Tonkean Acquires Cinch to Expand Procurement and Finance Offerings
Tonkean has acquired Cinch to grow its procurement and finance offerings as well as its presence in Europe, the Middle East and Africa. The transaction brings together Tonkean’s process a...
Kraken Acquires Backed Finance
The centralized exchange is set to step further into the real-world asset space....
Kraken Makes Bigger Bet on Tokenization With Backed Acquisition
Crypto exchange Kraken is set to acquire tokenized assets platform Backed Finance. The deal, announced in a news release Tuesday (Dec. 2), follows a collaboration between the companies call...
Why AI-Driven Crypto Exploits Are More Dangerous Than Ever Before
Researchers from Anthropic have found that three popular AI agents can autonomously exploit vulnerabilities in smart contracts, generating an estimated $4.6 million in simulated stolen funds.  The...
Newswire > Tag: finance
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