Bitcoin diverges from South Korean stocks as AI concerns deepen the Kospi selloff
South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows.


South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows.

The hardware-wallet maker gave its first public account of how a covert component in devices sold by CryptoBilis could steal users’ master keys without changing Ledger’s software.

The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.

A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.

About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.

Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.

The Palantir UK chief said the U.S. is racing ahead on enterprise AI while Europe hesitates, and explained why he thinks the company faces intense political attacks.

The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total supply.

A planned Bermuda issuance would put legal ownership onchain and seek capital for disaster risks that remain costly to insure.

Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.
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