After the midterms, is the AI industry in for a rough two years?

Democrats’ historic victories in this week’s U.S. midterm elections could also transform the tech industry. The public voted on 41 data center-related ballot measures on Tuesday — in all but one, the majority voted to impose more restrictions on data center development. And even when data centers weren’t on the ballot directly, they were a […]

Bitcoin Price Falls Below $75K for First Time Since August as Tech Sell-Off Deepens

Key Takeaways Bitcoin hit $74,762, its lowest since Aug. 21, as a global tech stock sell-off rattled markets. Crypto liquidations fell to $707 million, while U.S. money market fund assets reached $8.016 trillion. Bitunix warned that AI spending risks and tighter financial conditions could weigh on markets into 2027. Bitcoin Slides to Lowest Level in […]

Binance hack causes smaller DeFi run than $292M Kelp exploit

The $6.36 billion Binance hack has caused a smaller and shorter withdrawal wave across DeFi lending markets than April’s $292 million Kelp DAO exploit, according to findings shared by Sentora. Summary $1.59 billion left lending markets after Binance’s breach, with 60% returning within three days. Kelp’s smaller exploit prompted $10.9 billion in withdrawals over five […]

Anthropic’s AI Progress Nearly Doubles: What IT Buyers Should Know

METR finds faster Anthropic AI benchmark progress, but key evidence remains redacted. Learn what IT buyers should check before adopting new model releases. The post Anthropic’s AI Progress Nearly Doubles: What IT Buyers Should Know appeared first on TechRepublic. Source link

Netflix announces ‘Stranger Things’ prequel, set to debut in 2028

The Stranger Things universe is expanding. On Nov. 6, Netflix announced Other Worlds: A Stranger Things Adventure, a prequel to the original hit series as well as stage show Stranger Things: The First Shadow. Set for a 2028 release, Other Worlds comes from original series creators the Duffer Brothers, as well as Stranger Things writer […]

Bitcoin Futures Open Interest Drops to $52 Billion as Traders Retreat

Key Takeaways Coinglass reports $52.04 billion in bitcoin futures open interest, down 1.88% over 24 hours. Deribit’s Nov. 27 $74,000 put led displayed options trading volume with 2,259 BTC. Cryptoquant metrics show CME bitcoin options open interest below its February and March 2026 peaks. Over the last day, bitcoin’s price range fell nearly 5% to […]

US Treasury, Fed withdraw $250 crypto Travel Rule proposal. What does it mean?

The US Treasury Department’s Financial Crimes Enforcement Network and the Federal Reserve have withdrawn a proposal to lower the reporting and recordkeeping threshold for cross-border transfers from $3,000 to $250, leaving existing requirements unchanged. Summary FinCEN and the Federal Reserve have withdrawn their 2020 proposal to lower the reporting threshold for international transfers from $3,000 […]

Underdog shows off a 32MB speech model in new demo

AI companies across the world are racing to make bigger and better models, but the problem is all of them need massive amounts of processing power. On the other end, some researchers and startups are creating smaller models that can run on edge devices, like your phone or computer. One such startup, Underdog, has released […]