Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: admin
In brief Bitcoin miner American Bitcoin, backed by President Trump’s sons, has bought more digital coins for its treasury. The firm is now the 25th largest Bitcoin treasury. American Bitcoin debuted on the Nasdaq in September and aims to be “the world’s largest and most efficient Bitcoin miner.” American Bitcoin (ABTC), the Nasdaq traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has brought its holdings to 4,004 BTC now worth about $415 million, the company announced on Friday. The firm said that between October 24 and November 5, ABTC had snapped up 139 Bitcoins now…
After 18 tense days in a Manhattan federal courtroom, the high-profile U.S. v. Peraire-Bueno trial has ended in a mistrial.Judge Jessica G.L. Clarke declared the outcome late Friday, citing a deadlocked jury unable to reach a unanimous verdict on charges of wire fraud and money laundering. Challenges seen in the case are to some extent similar to what happened between the Department of Justice and Tornado Cash. Sponsored Sponsored$25 Million Trial Tests Whether Code Can Be a CrimeThe case centered on two MIT-educated brothers, Benjamin and Noah Peraire-Bueno, accused of orchestrating an exploit on Ethereum’s Maximal Extractable Value (MEV) system.Ethereum…
U.S. Federal Reserve Governor Stephan Miran, the newest member of the board of governors after his recent confirmation, pointed a spotlight on stablecoins and the potential that their explosive growth — especially by foreign users — will have heavy consequences for monetary policy.”Stablecoins may become a multitrillion dollar elephant in the room for central bankers,” Miran said in a Friday speech in New York. He said that Fed staff projects “uptake reaching between $1 trillion and $3 trillion by the end of the decade.””In total, under $7 trillion in Treasury bills are outstanding today,” he said. “If these forecasts prove…
XRP climbed 3.6% to $2.31 in Saturday trading, breaking above key resistance at $2.28 as ETF momentum and network growth drove renewed institutional interest. Volume surged 86% above the 24-hour average during the breakout, lifting the token to its strongest close in over a week while outperforming Bitcoin and Ethereum amid subdued broader market activity.News BackgroundCanary Capital Group filed an amended prospectus for its proposed Canary XRP ETF, moving the fund closer to potential SEC approval under Section 8(a).The ETF would trade on Nasdaq under ticker XRPC and hold XRP in custody with Gemini Trust Company and BitGo Trust Company,…
Bitcoin’s recent dip below $100,000 tested investor nerves and market conviction. Yet, the largest cryptocurrency quickly rebounded, reaffirming its new psychological floor. Analysts across the board agree that, despite short-term turbulence, the structural trend for Bitcoin remains intact and potentially bullish. Most analysts view the US government shutdown as a significant constraint on prices in the current market.Sponsored SponsoredPlanB: Mid-Cycle, Not ManiaPlanB, creator of the Stock-to-Flow (S2F) model, sees the correction as a mid-cycle pause. His data shows Bitcoin has held above $100,000 for six consecutive months. This is a major shift from resistance to support.Bitcoin Technical Indicators Chart. Source: Youtube/PlanBHe…
Caffeine AI, in collaboration with Internet Computer, ICP Hubs Network, and ICP Hub Portugal, announces Caffeine AI Lisbon, set to take place on November 9, 2025. This one-day experience invites builders, creators, and AI enthusiasts to explore the Self-Writing Internet, where applications are built through natural conversation instead of code. Powered by Caffeine, the first full AI tech stack, the event will demonstrate how artificial intelligence can transform ideas into production-ready applications for both technical and non-technical participants. A Full Day of Creation, Competition, and Collaboration Caffeine AI Lisbon combines learning and innovation through hands-on sessions and interactive experiences. The…
Cryptocurrency exchange Gemini (GEMI) is planning a move into the prediction market sector, Bloomberg reported on Tuesday.The exchange founded by Cameron and Tyler Winklevoss has discussed unveiling products in this area as soon as possible, according to the report, citing people familiar with the matter.Gemini, which became a publicly traded company on the Nasdaq Global Select Market in September, is eyeing a move into an industry that has gained considerable traction in the last year.Market leaders such as Polymarket and Kalshi shot to prominence during the 2024 U.S. election campaign during which more than $8 billion in bets were made…
Zohran Mamdani’s decisive victory in New York City’s mayoral race marks a potential turning point for the crypto industry. The 34-year-old democratic socialist defeated former Governor Andrew Cuomo, whom President Donald Trump reluctantly endorsed over his “communist” rival. Meanwhile, crypto prediction markets correctly predicted Mamdani’s win with 92% accuracy. However, his victory signals tighter regulation ahead for the sector.Sponsored SponsoredCompliance Over Expansion: New Mayor’s Track RecordMamdani’s legislative history suggests NYC’s crypto policy will prioritize consumer protection over market growth. In 2023, he said, “When crypto companies collapse, it isn’t the rich who suffer; it’s small investors who disproportionately come from…
Zohran Mamdani won the New York City mayoral election on Tuesday by a decisive margin, with crypto predictions markets again correctly guessing the outcome of a major political race.Mamdani took just over half the total votes, defeating former governor Andrew Cuomo, who finished with about 40%, according to unofficial results posted by the city’s Board of Elections.Data from Polymarket showed that about 92% of participants wagered on a Mamdani victory just before election day, including a $1 million position that implied near-consensus odds. Similar sentiment appeared on Myriad Markets, developed by Decrypt’s parent company Dastan.In June, Polymarket correctly predicted the…
North Korea’s IT operatives are shifting strategies and recruiting freelancers to provide proxy identities for remote jobs.Operatives are contacting job seekers on Upwork, Freelancer and GitHub before moving conversations to Telegram or Discord, where they coach them through setting up remote access software and passing identity verifications.In earlier cases, North Korean workers scored remote gigs using fabricated IDs. According to Heiner García, a cyber threat intelligence expert at Telefónica and a blockchain security researcher, operatives are now avoiding those barriers by working through verified users who hand over remote access to their computers.The real owners of the identities receive only…