Key takeaways: CME’s futures open interest in the top four cryptocurrencies reached $28.3 billion, surpassing Binance’s $23 billion and Bybit’s $12.2 billion. Despite CME’s lead in open interest, unregulated exchanges still dominate trading volumes, especially in altcoin and perpetual futures. Friday’s cryptocurrency market crash wiped out a record $74 billion in leveraged positions across the…
Reflection AI, a startup founded just last year by two former Google DeepMind researchers, has raised $2 billion at an $8 billion valuation, a whopping 15x leap from its $545 million valuation just seven months ago. The company, which originally focused on autonomous coding agents, is now positioning itself as both an open source alternative…
Today, Microsoft and Asus are officially opening preorders for the ROG Xbox Ally and ROG Xbox Ally X at $599 and $999 respectively in the US. They’re $799 CAD and $1299 CAD in Canada, €599 and €899 in Europe, £499 and £799 in the UK, and $799 AUD and $1599 AUD in Australia. They both…
Key takeaways: XRP open interest has dropped 30%, signaling cooling futures activity. A fair value gap at $2.33–$2.65 is a key demand zone if selling pressure persists. Elevated whale inflows hint at profit-taking, but XRP’s long-term uptrend toward $5 in 2025 remains intact. XRP (XRP) futures open interest (OI) has decreased by 30% over the…
4. For a period of three years ending on November 1, 2027, Google may not share revenue generated by the Google Play Store with any person or entity that distributes Android apps, or has stated that it will launch or is considering launching an Android app distribution platform or store. 5. For a period of…
Apple CEO Tim Cook says the company is “open” to mergers and acquisitions as it “significantly” increases its investment in AI, as reported by CNBC. Cook’s statements were made alongside the release of Apple’s third-quarter earnings results, which revealed that the iPhone maker raked in $94 billion between April and June, marking a 10 percent…
OpenAI CEO Sam Altman said Friday the company is delaying the release of its open model, which was already pushed back a month earlier in this summer. OpenAI had planned to release the model next week, however Altman said the company is pushing it back indefinitely for further safety testing. “We need time to run…
Microsoft’s complicated relationship with OpenAI is about to take an interesting turn. As the pair continue to renegotiate a contract to allow OpenAI to restructure into a for-profit company, OpenAI is preparing to release an open language AI model that could drive even more of a wedge between the two companies. Sources familiar with OpenAI’s…
Bitcoin holders leverage crypto-backed loans to buy real estate without selling a single sat while sidestepping capital gains taxes. The emerging trend is gaining momentum among early crypto adopters, entrepreneurs, and high-net-worth individuals who are “Bitcoin wealthy” but often don’t meet the traditional criteria for real estate financing, Mauricio Di Bartolomeo, co-founder of Ledn, told…
For the past couple of years, the virtual FediForum conference has offered a glimpse at what’s new in the open social web, with last year’s big news being Threads’ foray into the fediverse. This year’s presentation was no different, with several developers showing off new apps that will help to expand the ecosystem of decentralized…