General News

Micron Crushes Earnings as AI Memory Demand Drives $22 Billion Backlog

Micron Technology delivered a blockbuster quarterly earnings report, surpassing Wall Street expectations as surging artificial intelligence demand fueled record sales of its high-performance memory...

Kalshi Seeks $40 Billion Valuation Despite Mounting Legal Battles

Kalshi is pursuing a new fundraising round that could value the prediction market operator at approximately $40 billion, underscoring investor enthusiasm for the rapidly...

Gold Slides Below $4,000 as Strong Dollar and Fed Outlook Pressure Market

Gold prices fell below the key $4,000-per-ounce level on Wednesday for the first time since November 2025, highlighting growing pressure on the precious metal...

European Parliament Approves Key Digital Euro and Cash Protection Package

The European Parliament has approved a major legislative package that moves the digital euro project forward while also reinforcing protections for physical cash. The...

South Korea Moves Ahead With Token Securities Reform in Major Capital Market Overhaul

South Korea is taking another step toward modernizing its financial system by adding tokenized securities to its broader capital market reform agenda. The move...

Trump-Linked Crypto Venture Faces New Scrutiny After Massive UAE Deal

Senate Democrats are calling for hearings into a controversial $500 million investment tied to World Liberty Financial, a cryptocurrency venture associated with the Trump...

Chainlink Joins 50+ Banks in Stablecoin Settlement Test

Chainlink has joined a major banking initiative that could reshape how international money moves across borders. The project, known as Project Pangea, brings together...

Cboe Launches S&P 500 Prediction Markets With New Yes-or-No Contracts

Cboe Global Markets has officially entered the growing prediction markets sector by launching new binary options tied to the Mini S&P 500 Index. The...

Meta Reportedly Explores Prediction Markets App Called Arena

Meta is reportedly working on a new prediction markets platform called Arena, a move that could expand the company's presence in digital communities and...

DOJ Targets Huione Group Infrastructure to Disrupt Billions in Crypto Fraud

The U.S. Department of Justice has taken a major step against crypto-enabled crime by seizing infrastructure linked to Cambodia-based Huione Group. Officials say the...

Ethereum Foundation Trims 20% of Staff in Push for Leaner and More Focused Operations

The Ethereum Foundation has reduced its workforce by about 20% as part of a major reorganization aimed at creating a leaner structure. The move...

India’s FIU Orders Crypto Exchanges to Report OTC Deals Above $10,000

India's Financial Intelligence Unit (FIU-IND) has reportedly instructed leading cryptocurrency exchanges to share details of over-the-counter (OTC) crypto transactions valued above $10,000, or about...