Anthropic flags revenue surge to investors ahead of stock market debut
It comes as some investors have become concerned about the amount of money being spent on AI infrastructure.
BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock’s CEO says “a moratorium of some sort” on data center buildouts would put the U.S. in a recession.
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.South Korea is planning tighter cybersecurity requirements for financial institutions after an investigation into earlier security incidents involving 16 companies, including crypto exchanges. The Financial Services Commission (FSC) said it would pursue improved threat monitoring, more frequent security assessments and…
FIFA postpones FIFAe Finals in KSA
The Asian Cup and other events also face uncertainty
Australia seeks feedback on crypto platform rules ahead of 2027 rollout
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and trading standards for crypto platforms.Update (Oct. 15 at 5:35 am UTC): This article has been updated to include a comment from Thomsons partner Liam Hennessy.Australia’s securities regulator opened consultation Thursday on proposed capital, custody and…
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin.
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.
Bitcoin wilts as Fed rate uncertainty weighs. Kospi plunges 8%
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled.
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. US stocks suffered their sharpest selloff since July on Wednesday as hotter-than-expected inflation data weighed on technology and AI infrastructure companies, with Bitcoin miners among those hit. The S&P 500 fell 1.1%, its biggest one-day decline…
South Africa name squad for second Australia Test
Breetzke replaces Tristan Stubbs
