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Latest Markets news and updates
IRS plans lower tax disclosure penalties, including for crypto: Forbes
The US tax agency is targeting faster resolutions and more flexible payment options for taxpayers voluntarily disclosing past tax violations under a planned program overhaul.
SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
SpaceX’s latest 10-Q filing quietly confirms any Tesla combination requires sign-off from its “controlling shareholder.”
How I Vibe Coded My Smart TV—And Claude Killed It
Vibe coding your TV is impressive. Doing it without knowing exactly what you're touching is how you lose a rooted LG set and get a very sincere apology from an AI.
Crypto Scammers Who Used Prayer Groups to Lure Victims Must Pay $1.3 Billion, Says New York
New York’s attorney general asked a court to order NovaTech’s founders, who fled the country, to pay about $1.37 billion, and settled with four top promoters for nearly $6 million.
Morning Minute: a16z Drops 'Crypto' From Its Fund
The name change is symbolic of the fund’s future investing focus, though the firm will continue investing in crypto.
New York AG seeks $1.37B from NovaTech founders over Ponzi scheme
The request follows an August 2025 default judgment, with the AG also announcing nearly $6 million in settlements with four promoters.
HSBC rolls out its first stablecoin to over 3 million everyday app users
HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.
HSBC launches Hong Kong dollar stablecoin for retail payments
HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses.
India's largest exchange denies hack after sleuths pointed to $16 million in suspicious outflows
CoinDCX denies its active wallets were hacked after sleuths flagged $16 million in outflows from addresses linked to the India-based exchange.
Malaysia, Thailand join Singapore’s cross-border stablecoin push
BLOOM seeks to cut costs by helping financial institutions coordinate cross-border use of stablecoins and tokenized deposits.
Polymarket has reportedly fired its marketing chief, also a close friend of the CEO
Matthew Modabber was reportedly ousted after an internal probe of several instances of misconduct, according to the New York Post.
Circle shareholder sues Trump, World Liberty and Steve Witkoff over crypto deals
According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC.
ChatGPT Teaches Messi Chess—On a Board It Set Up Wrong, With an Opening That Loses in Four Moves
Lionel Messi’s ChatGPT ad has the AI teaching him chess on a board with kings and queens swapped, then suggesting an opening that loses in four moves on that board.
Dune launches real-time data feeds covering 200 onchain trading venues
The new service aims to bring onchain trading data into institutional financial systems as tokenized stock markets expand and face growing scrutiny.
a16z Drops Crypto From Its Name, Widens Bets to AI and Frontier Tech
Andreessen Horowitz is renaming its crypto fund a16z Frontier and widening its scope to AI, autonomous machines and biology, saying the line between crypto and everyday tech has blurred.
Winklevoss PAC moves into Texas Senate race with $81K ad buy
While crypto-aligned PACs have stepped up spending in Ohio, a committee launched by the co-founders of crypto exchange Gemini made one of its first forays into the Lone Star State.
Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Control
Meta will hand shareholders a free non-voting share for every share they own in January, giving it a way to raise equity for AI spending without diluting Zuckerberg's 60.6% vote.
Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them
Brent crude hit a five-month high while Nvidia, Meta and chip stocks fell, pulling Asia's benchmark indexes down by up to 3.5% a week after South Korea's Kospi plunged 7.57%.
Tesla's Profit Drops 43% as Musk Starts Building Robots and Plans to Sell Driverless Cabs
Tesla earned $787 million last quarter, down from $1.37 billion, as spending on robots and self-driving cars soared. Optimus is in production, and Tesla aims to get Cybercabs to customers by year-end.
Underdog taps zerohash to bring crypto deposits to prediction markets
The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock.
What Is a Neocloud? The GPU Clouds Powering the AI Boom
Neoclouds like CoreWeave and Nebius rent Nvidia GPUs to AI labs, and several started out mining crypto. Here's how the AI cloud model works.
Fireblocks disputes report of $2.5B Visa acquisition talks
Fireblocks told Cointelegraph that reports of a potential $2.5 billion acquisition by Visa are “not true at present time,” while Visa declined to comment on the reported talks.
Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa
Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa
Crypto for Advisors: Stablecoins are ready for prime time
Crypto for Advisors: Stablecoins are ready for prime time
Trade Where You Read: Decrypt Brings Jupiter-Powered Trading to The Information Exchange
Decrypt is building a destination where readers can discover, understand and trade the news, directly where they consume information.
CoinDCX admits ‘operational losses’ after $16M wallet transfers draw scrutiny
CoinDCX said it covered losses caused by a failed transfer process involving compromised wallets and credited all affected user accounts.
Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence
Boosters often say crypto voters can swing elections, but Democrats are seeking mileage out of tying crypto to Trump, corruption and attempts to buy seats in Congress.
CoinDCX pledges no user losses after $16M transfers draw scrutiny
CoinDCX tied the transfers to wallets compromised in July 2025, but investigators said the addresses remained linked to its operations.
Move over memecoins: Crypto ‘meme games’ coming, bagholders and all
“Plenty will be ponzis. Plenty will get exploited. Plenty will insta die. There will be ridiculous gains, and people will get absolutely f***ing rinsed,” says Illuvium co-founder Kieran Warwick.
Ken Griffin Says AI Is 'Almost Certainly' in a Bubble—And Compares GPUs to Airline Seats
Citadel's founder says investors are almost certainly in an AI bubble, warns a chip glut could crash prices like empty airline seats, yet expects the survivors to lead for decades.
Nvidia Unveils Its Full-Stack Blueprint to Contain and Monitor AI Agents
Nvidia's OpenShell Reference Architecture pairs a software sandbox on Vera CPUs with Sentry monitoring on BlueField-4 chips, aiming to let companies run autonomous agents while enforcing limits agents cannot reach.
Trump didn‘t mention ‘crypto’ once in White House cybercrime roundtable
The US President detailed many schemes defrauding Americans, but referred only to “cybercurrency“ related to scams.
How a SpaceX and Tesla Merger Would Reshape Musk’s AI Empire
Both boards are now studying a tie-up that would put Grok, X, Starlink, orbital data centers, a chip megafactory and Optimus robots under one roof—and under one man's control.
Trump to throw spotlight on overseas crypto abuses at White House event
The president is hosting a cybercrime event that will highlight U.S. authorities' efforts to crack down on crypto scams run by foreign criminal organizations.
Bybit will look for big broker partnerships to take on Robinhood in the U.S.
When it comes to the U.S., Bybit will look to work with with someone like Interactive Brokers (IB), for example, said CEO Ben Zhou.
GTA 6 Trailer Features 'Dacity' Meme Coin—Here's What Traders Think It'll Do
Grand Theft Auto 6 is rumoured to feature a meme coin, and crypto traders are speculating on how prominently Rockstar will integrate it.
OCC Finalizes GENIUS Act Stablecoin Rules Ahead of January Deadline
The rule sets reserve, redemption and risk standards for issuers, but the OCC has yet to say when it will begin accepting applications.
OCC finalizes GENIUS Act rules for stablecoin issuers and custody
The Office of the Comptroller of the Currency’s final rule covers payment stablecoin issuance and some custody activities, with the GENIUS Act framework taking effect in mid-January.
Japanese visitors may be able to pay with yen stablecoins in South Korea under Shinhan-SBI pact
The collaboration will explore card-linked merchant payments for Japanese visitors in South Korea and peer-to-peer wallet transfers among broader cross-border trade remittances.
'Mentality Issue': PlayStation Founder Waves Away Disc Ownership Anger
PlayStation founder Ken Kutaragi pushed back against anger at Sony's decision to stop producing physical game discs.
Zcash rallies 12% as developers finalize NU7 activation height
Zcash extended triple-digit year-to-date gains as developers agreed on the NU7 mainnet activation height, targeting Nov. 5, with node synchronization work still pending.
Monero futures are again heating with leverage, raising volatility risks
Open interest has topped $300 million and price is back above $600. A similar setup was seen before January's crash.
Musk says SpaceX-Tesla merger a ‘good idea’ as AI revenue jumps ninefold
A merger would bring Tesla into the same corporate group as Grok developer SpaceXAI and social media platform X.
OpenAI Buys Orchestra Bio to Put AI Agents in Charge of Drug Development Grunt Work
The ChatGPT maker is folding Orchestra’s drug-program agents into Rosalind, its life sciences suite, betting AI can shave time off the decade-plus it takes to bring a medicine to patients.
People Are Vibe Coding the Ads Out of Their Smart TVs: Here's How
A viral Claude Code prompt lets Android TV owners switch off sponsored rows and tracking software and build their own home screens, with no root access and every change reversible.
Utah AG sues Kalshi, pursues profits from prediction market company
Derek Brown likened the prediction market company to a “public nuisance“ that was “causing a significant and substantial ongoing harm“ to state residents.
Microsoft, Alphabet, Goldman Sachs Join Growing List of Companies Objecting to Tokenized Stocks
Sixteen companies have now objected to having their shares traded on the planned OKX-ICE tokenized stock venue, up from nine just four days earlier, according to an updated public notice.
Crypto’s 2026 shutdown wave claims 82 projects. What went wrong?
Crypto’s 2026 shutdown wave claims 82 projects. What went wrong?
OKX-ICE co-chair Andrew Cuomo calls corporate objections a ‘natural response’ to tokenized stock plans
The former NY governor, who co-chairs the joint venture between the crypto exchange and Intercontinental Exchange, said companies were expected to take a wait-and-see approach.
OKX-ICE’s Andrew Cuomo calls issuer objections a ‘natural response’ to tokenized stock plans
The former NY governor, who co-chairs the joint venture between the crypto exchange and Intercontinental Exchange, said companies were expected to take a wait-and-see approach.