Latest updates, press releases, and insights from the volatile world of digital assets.
Meta Platforms sold $15 billion in US dollar bonds across five tranches, drawing $58 billion in orders, as it prepares its first euro-denominated offering to help cover surging AI data center and computing costs
Digital asset exchange starts 26-week program distributing one million points weekly, with automatic enrollment and prior activity already counted for existing users
Exchange CEO details how attackers leveraged the Ethereum feature after initial access via a compromised device, as the firm moves to cover losses and restore services
Co-CEOs indicate deposits will remain accessible while a full security overhaul and proof-of-reserves release aim to restore customer access to funds stolen in a recent attack
France’s benchmark borrowing costs briefly exceeded 5% on October 21 amid budget talks, protests and a widening gap with German yields, raising questions about fiscal pressures in the eurozone’s second-largest economy
A Bank for International Settlements working paper finds that even small increases in U.S. bank deposit rates are associated with reduced growth in the market capitalization of reserve-backed stablecoins over subsequent weeks
South Korea’s benchmark index lost 241.69 points to close at 6,384.24 on Monday, while Samsung Electronics and SK Hynix declined sharply, reflecting investor worries over an AI-driven memory market bubble
OpenAI’s updated revenue guidance triggered a sharp drop in the Nasdaq, underscoring investor sensitivity to AI growth metrics and infrastructure spending
Anthropic unveiled Claude Haiku 5.5 on October 7, its lowest-cost model to date, as the company preps for a potential November IPO that could value it near $2 trillion
US stocks dropped sharply on Wednesday as a selloff in long-term bonds pushed the 30-year Treasury yield to its highest level since 2002, even as a major 10-year note auction attracted solid demand and minutes from the Federal Reserve’s September meeting were due later that day
