Nvidia Rival Enflame Jumps 234% on Shanghai Debut.
Chinese AI chipmaker Enflame Technology saw its shares surge as much as 234% in their Shanghai trading debut on Friday. The stock opened well above its IPO price and closed…
NFT Sales Climb 6.8% to $46.8M on Bitcoin Surge.
NFT sales volume rose 6.8% to approximately $46.78 million over the seven days ending September 12, according to CryptoSlam data. Ethereum remained the leading blockchain, while Bitcoin activity increased notably…
Revolut Leaks Bitcoin Data After Fake Agency Request.
Revolut disclosed customer identities and financial records, including Bitcoin transaction histories, after responding to a fraudulent request that appeared to come from a government agency. The request originated from an…
BIS: AI Cuts Banks’ Patch Window to Minutes.
A new paper from the Bank for International Settlements’ Financial Stability Institute warns that frontier AI is compressing the time banks have to patch software vulnerabilities from weeks to minutes.…
Coinbase CEO Eyes $400K Bitcoin by 2030.
Coinbase CEO Brian Armstrong has reaffirmed that a Bitcoin price of $400,000 by 2030 remains a “reasonable target.” He made the comments in a recent CNBC Squawk Box Asia interview…
Trezor Phishing Traced to Brevo Auth Flaw.
A login authorization flaw in email marketing platform Brevo allowed an attacker to access 138 customer accounts, including those used by Trezor. This enabled phishing emails to be sent from…
Polymarket Names Amazon Vet as First CFO.
Polymarket has appointed veteran finance executive Warren Jenson as its first chief financial officer. Jenson, who previously served as CFO at Amazon and held similar roles at Electronic Arts, Delta…
Bitwise Closes Dogecoin ETF After 10 Months.
Bitwise has announced it will liquidate and close its spot Dogecoin ETF (ticker BWOW) roughly 10 months after the fund began trading. The final day of trading on NYSE Arca…
SBF Seeks Supreme Court Review of Conviction.
Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, petitioned the U.S. Supreme Court on Thursday to overturn his 2023 fraud conviction and related orders. He is currently serving…
Nasdaq Values Kraken Parent at $21B.
Nasdaq’s venture arm is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, according to Bloomberg and subsequent reports. The deal values the crypto firm at $21…