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AI CRYPTO
Crypto's ETF boom gets $4.5 billion reality check in brutal weekBitcoin ETFs are witnessing significant outflows, with over $1.3 billion withdrawn in the past week as the cryptocurrency's slump deepens. ...- AI rout exposes Wall Street's $270 billion speculation machineA recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged prod...
- Financial regulators scramble to counter AI rise with own toolsSwiss financial regulator Marlene Amstad urges banks and watchdogs to rapidly adopt new technology to counter escalating cybersecurity thre...
- Bitcoin slides toward $61,000 as profit booking and cautious sentiment weigh on crypto marketsBitcoin slipped towards the $61,000 level as profit booking and cautious sentiment weighed on crypto markets. Broader weakness across major...
- A16z crypto leads $33 million bet on compute marketplace OrnnCompute marketplace Ornn has secured $33 million in a funding round led by a16z crypto, with participation from Galaxy Ventures and others....
- One balance, many markets: Binance and the making of a finance ‘super app’Binance is revolutionizing investing by consolidating crypto, stocks, and commodities into a single platform, mirroring Asia's 'super app' ...
- Bitcoin falls to $62,600 as investors trim risk exposure after AI stock selloff; technical indicators signal cautionBitcoin slipped to around $62,600, extending losses amid a broader selloff in AI and technology stocks that triggered risk-off sentiment. E...
- WazirX bets on AI, futures trading to fuel comeback after $235-million hackCryptocurrency exchange WazirX is introducing AI-powered trading tools, advanced trading products and customer experience upgrades followin...
- Tech, crypto firms to help tackle illegal wildlife tradeAnnouncement made as part of a business forum convened by Prince William and The Royal Foundation's United for Wildlife during London Cli...
- Data centers are stewing in their own pollutionA new study reveals a significant portion of planned data centers face high climate risks, potentially becoming uninsurable due to extreme ...
- Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOneAbu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...
- SPACs stage comeback as mega IPOs crowd marketSpecial-purpose acquisition companies are experiencing a resurgence as a wave of blockbuster IPOs creates an opening for smaller firms. Thi...
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- FIFA World Cup fever fuels cyber scamsCybercriminals are exploiting the FIFA World Cup, creating thousands of fake ticket portals, merchandise stores, and streaming sites to sca...
- A famous 10-foot CIA sculpture just changed hands, and the crypto firm that bought its last secret says it hasn't peeked, because the mystery of Kryptos is still the pointAfter three decades, the final unsolved secret of the CIA's Kryptos sculpture, K4, has been sold for nearly $1 million. Crypto venture capi...
- Anthropic’s Fable 5 takedown triggers India Inc push for AI self-relianceA US directive suspending access to Anthropic's AI models has spurred India Inc's push for self-reliance in AI infrastructure. Technology l...
- Bitcoin trades near $63,600 as sentiment nears 2022 bottom levels. Here is what experts sayBitcoin hovered near the $63,600 level as technical indicators stayed cautious despite improving sentiment. Major cryptocurrencies posted m...
- SpaceX crypto traders are betting on a $2.2 trillion valuationCrypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per share, ahead of its trading debut. ...
- Why Elon Musk-led blockbuster SpaceX IPO may spell more bad news for cryptoThe impending IPO of SpaceX is poised to shake up the cryptocurrency landscape. Investors are diversifying their portfolios, redirecting fu...
- Why Bitcoin has lost more than $1 trillion in value in just eight monthsBitcoin experienced its steepest weekly drop since the FTX collapse, driven by outflows from ETFs, AI stock competition, and shifting inter...
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