One Brutal Wall Street Session Erased More Than the Entire Crypto Market

The S&P 500 alone wiped out roughly $3 trillion in market value within a single trading session. Just a day after the post-election relief rally, Wall Street suffered one of its most violent sessions in years, with S&P 500 companies wiping out roughly $3 trillion in market value as the Nasdaq posted its steepest […]

ZachXBT revisits Ansem warnings amid Sahil payment claims

Blockchain investigator ZachXBT has revisited his warnings about Ansem’s celebrity memecoin promotions after Sahil Arora’s payment allegations prompted questions about his response. Summary ZachXBT said he repeatedly criticized Ansem’s promotion of small-cap and celebrity tokens during earlier disputes. Sahil alleged a SOL transfer preceded MOTHER publicity; Ansem has denied working with him. Historical exchanges show […]

TikTok’s personalized FYP poses risk to mental health, violates EU law according to regulators

European regulators warn TikTok‘s “rabbit hole”-inducing FYP might be breaking EU law. Preliminary findings from an investigation by the European Commission accuse the social media giant of failing to mitigate the potential mental health risks of its personalized algorithmic feed in violation of the Digital Services Act. In particular, the regulatory body takes issue with […]

White House Reviews SEC Crypto Rules After Democratic Midterm Victory

Key Takeaways The SEC’s proposal, identified as RIN 3235-AN48, is undergoing White House regulatory review, with no public release date established. Four existing securities rules governing broker-dealer capital, customer protection and recordkeeping are under consideration. Democrats assume control of Congress on Jan. 3, 2027, creating potential political obstacles for President Donald Trump’s cryptocurrency policies. SEC […]

Paraguay’s Bank Collapse Exposes a Problem Bitcoin Was Built to Solve

Can BTC’s self-custody actually offer protection when trust in a banking institution suddenly breaks down? Paraguay faces one of its most serious financial and political crises in years after regulators seized Ueno Bank, a fast-growing digital lender used by millions of locals. Although it began as a solvency issue, the situation quickly worsened, spreading […]

Kalshi midterm trading tops $2.5b, nearly doubling 2024

Kalshi has reported more than $2.5 billion in trading volume on its 2026 U.S. midterm election markets, nearly twice the $1.3 billion recorded during the 2024 election cycle. Summary Midterm election trading surpassed the 2024 cycle’s total by more than $1.2 billion. Kalshi said favored candidates won 479 of 487 races resolved by early Nov. […]

OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation

OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at $1.25 trillion. Bloomberg reported on the new funding on Friday, citing sources familiar with the matter. The $11 billion is part of a larger funding round that hasn’t closed yet, according to the outlet. The round […]

Nubank and Mercadopago Suspend Crypto Withdrawals in Latam

Key Takeaways Mercadopago and Nubank paused crypto transfers, citing issues with an external risk monitoring provider. The sudden disruption sparked unconfirmed social media rumors of a cyberattack on their custodian, Paxos. This fuels regional crypto anxiety, coming just days after a $46M digital asset theft at Mercado Bitcoin. Mercadopago and Nubank Stop Crypto Deposits and […]