Anthropic moves closer to IPO with Morgan Stanley and Goldman leading deal
Anthropic taps Morgan Stanley and Goldman for its IPO as the Claude maker targets a possible October listing. The post Anthropic moves closer to IPO with Morgan Stanley and Goldman leading deal appeared first on Crypto Briefing....
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S&P 500, Nasdaq 100 Drop From Records As Rate-Hike Bets Build, Oil Climbs: Stock Market Today
U.S. stocks retreated from record highs at midday Wednesday as hotter-than-expected economic data and a renewed surge in Treasury yields revived fears the Federal Reserve could soon raise interest rates. The S&P 500 fell 0.6% to around 7,568, putting a nine-session winning streak in jeopardy. A late-day rebound back...
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A new era for BlockDAG: $0.00000044 legacy sale and stablecoin launch fuel global excitement
Crypto markets cool as DOGE and SOL stabilize while BlockDAG advances stablecoin launch, liquidity, and utility expansion. Crypto markets are currently flattening out as traders wait for a definitive macroeconomic direction. The Dogecoin price sits near $0.1010, testing vital trendline…...
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UK MP sues Elon Musk’s xAI over AI-generated fake sexual images in landmark case
The lawsuit could set a precedent for AI accountability, impacting regulatory approaches and investor confidence in AI technologies. The post UK MP sues Elon Musk’s xAI over AI-generated fake sexual images in landmark case appeared first on Crypto Briefing....
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OpenAI CEO Sam Altman responds to investor’s revenue concerns by offering to sell his shares
Altman’s response highlights the high-stakes gamble on AI’s exponential growth, underscoring investor concerns about scalability and profitability. The post OpenAI CEO Sam Altman responds to investor’s revenue concerns by offering to sell his shares appeared first on Crypto Briefing....
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Saikat Chakrabarti loses congressional bid to candidate backed by Ripple’s Chris Larsen
Chakrabarti’s loss highlights the growing influence of crypto-backed political funding, reshaping campaign dynamics and candidate viability. The post Saikat Chakrabarti loses congressional bid to candidate backed by Ripple’s Chris Larsen appeared first on Crypto Briefing....
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Rex and BMO launch 3x leveraged AI ETNs targeting daily traders
The launch of these leveraged AI ETNs highlights the growing demand for high-risk, short-term trading tools, emphasizing market volatility. The post Rex and BMO launch 3x leveraged AI ETNs targeting daily traders appeared first on Crypto Briefing....
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Why Zcash (ZEC) Network Looked Offline for Hours – But Wasn’t
For a few hours on Wednesday Asia time, the Zcash blockchain appeared to have stopped producing new blocks, raising concerns that the network may be experiencing downtime. However, several observers clarified that the issue was not with the blockchain itself but with block explorers, which were failing to update...
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Bitcoin Implosion Has Exposed Crypto As ‘Failed Asset Class,’ Veteran Analyst Says
Macro analyst Alex Krüger declared crypto a “failed asset class” on Tuesday but carved out four exceptions he still considers worth owning as Bitcoin (CRYPTO: BTC) slides toward $65,000. Most Crypto Is Worthless But Four Categories Are Different Krüger’s case against crypto covers the full picture. Most assets have...
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BREAKING: Mastercard Just Opened Its Global Payment Network To Crypto — Which Altcoins Made The Cut?
Mastercard announced on June 3 that it will expand its global settlement infrastructure to support on-chain settlement using crypto via regulated stablecoins — enabling card transactions to settle 24 hours a day, seven days a week, across weekends and holidays for the first time in the network’s history, per...
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