Dogecoin Labs launches to push DOGE beyond memes into payments and DeFi
Wallet and app teams including MyDoge, DogeOS and Such App are being bundled into a single venture aimed at giving the original meme coin real utility.
Crypto Economy · +13 outlets
Bitcoin recovers to about $81,700 as memecoins lead an altcoin rebound
BTC trimmed losses after a sell-off tied to AI spending worries and rising oil prices, with memecoins outperforming on the bounce.
CoinDesk · +6 outlets
Bitcoin ETFs erase October losses with about $1 billion of inflows in three days
US spot bitcoin funds drew $528 million in a single session while ether ETFs snapped a five-day outflow streak, a reversal for the products.
Decrypt · +14 outlets
China seeks to seize 61,800 BTC tied to a $5.7 billion fraud scheme
Chinese prosecutors are pursuing bitcoin seized by UK authorities in the Qian case, one of the largest crypto confiscation attempts on record.
CoinDesk · +9 outlets
Coinbase fined $3.6 million in Ireland over customer fund safeguarding failures
The Irish regulator penalized the exchange again, this time over segregation and oversight of client funds.
The Block · +14 outlets
Switzerland approves its first retail spot bitcoin ETF
The approval opens retail access to a spot BTC ETF in a major European financial center.
NewsCord · +13 outlets
JPMorgan says crypto regulatory moves partly offset Clarity Act failure, but risks remain
The bank noted piecemeal regulatory progress while the Blockchain Association separately pushed for tax clarity as broader legislation stalls.
The Block · +6 outlets
Meta creates non-voting stock to fund AI buildout while keeping Zuckerberg in control
Meta posted higher third-quarter results and a strong revenue outlook while restructuring its share class to fund AI spending.
Decrypt · +12 outlets
SoFi launches an interest-bearing, FDIC-insured tokenized deposit for crypto users
The product pays 4.4% and can convert into a stablecoin, a sign of banks moving deeper into tokenized deposits.
The Block · +14 outlets
Tesla profit drops 43% as Musk starts building robots and plans driverless cabs
Tesla beat revenue expectations but reported a steep profit decline as AI-related investment weighed on operating margin.
Decrypt · +13 outlets
Fireblocks denies a report of $2.5 billion acquisition talks with Visa
The crypto custody technology firm pushed back on reporting that it was in deal discussions with the payments giant.
The Block · +14 outlets
Standard Chartered signs an agreement to acquire Zodia Custody
The bank is deepening its digital asset infrastructure footprint by taking over the institutional custody venture.
The Block · +13 outlets
Musk calls a SpaceX-Tesla merger a good idea as reports weigh a 30,221 BTC corporate giant
A combination would put the two companies' combined bitcoin holdings on one balance sheet, making it a major corporate BTC holder.
CryptoRank · +14 outlets
Grayscale expands in-kind subscriptions to 10 crypto ETFs and trusts
In-kind creation lets large holders move crypto into fund shares without triggering taxable cash sales.
The Block · +14 outlets
Solana's biggest network change since 2020 goes live
The upgrade is the largest overhaul of the Solana network in years, with the changes aimed at user-facing performance.
CoinDesk · +14 outlets
Musk pours $366 million into campaigns as SpaceX and Tesla face high election stakes
The spending underscores how much Musk's companies could be affected by the outcome of key races and potential investigations.
CNBC · +14 outlets
a16z drops crypto from its name and widens bets to AI and frontier tech
The rebrand signals the venture firm is broadening beyond crypto as its focus shifts toward AI.
Decrypt
Big Tech capex looks different this year as Meta and Tesla save for later
Investors rotated out of AI-linked equities as spending plans and results from Meta and Tesla disappointed.
Yahoo Finance