OKX Raises Strategic Funding at $25 Billion Valuation From Circle and Ripple
TLDR OKX completed a new strategic funding round at a $25 billion pre-money valuation. Circle, Ripple, QRT and SC Ventures joined...
South Africa’s FNB Launches Crypto Trading for Nearly 9 Million Customers
TLDR First National Bank launched Crypto Investing on October 6 for nearly 9 million retail customers. Customers can trade Bitcoin...
Fed Meeting Minutes Take Center Stage as Markets Hover at All-Time Highs
Stock futures steady near records ahead of Fed minutes release. Brent crude surges past $100 on Middle East tensions while Treasur...
US Stocks Hit Record Highs as AI Chip Stocks Offset Oil and Yield Strain
TLDR: S&P 500 gained 0.58% to 7,818.93, topping its August peak, as the Nasdaq rose 0.45% to 27,599.79. Marvell rose 5.8%, AMD gai...
McDonald’s (MCD) Denies Algorithmic Price-Fixing Claims in Illinois Lawsuit
McDonald's (MCD) faces a federal class action lawsuit alleging its AI pricing tool facilitates illegal price-fixing among U.S. fra...
Ripple Expands in South Korea Through Meritz Securities Partnership
TLDR Meritz Securities signed a strategic partnership with Ripple on Oct. 1 and disclosed it on Oct. 7. The deal will review how R...
Robinhood Buys $25 Million in Bitcoin as Stock Closes at $112
TLDR Robinhood has added $25 million worth of bitcoin to its corporate balance sheet. Crypto chief Johann Kerbrat said the purchas...
$35B Hedge Fund Expands Ripple Partnership Beyond Investment
Brevan Howard, managing $35B in assets, selects Ripple Prime for prime brokerage services, expanding a partnership that began with...
AI Agents Pose 24/7 Security Threat Without Proper Controls, Zscaler CEO Says
Zscaler CEO Jay Chaudhry warns organizations about AI agent security risks while the company reaffirms fiscal 2027 revenue guidanc...
DOJ Cites Bitcoin Fog Ruling to Oppose Roman Storm’s Tornado Cash Acquittal Bid
TLDR Federal prosecutors cited a Sept. 25 appeals court ruling in the Bitcoin Fog case to oppose Roman Storm’s acquittal motion. T...