In brief More than 100 organizations signed an open letter calling for stronger global cyber defenses. Models built by signatories OpenAI and …
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Tag:
Companies
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Analysis
Top 10 US Companies Capture Record Share of S&P 500 Earnings While Holding Massive Market Weight
by shayaanby shayaanA small group of dominant U.S. companies now controls an outsized portion of both the S&P 500’s overall value and its profits. …
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Finance
Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
by shayaanby shayaanShares of Bitcoin miners and digital asset treasury companies surged toward the end of the week, tracking a broader rally across crypto …
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South Korea has advanced a three-part digital-finance program covering crypto accounts for about 3,500 companies, legal recognition for tokenized securities, and deposit-token …
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Regulation
Democrats Hate Crypto More Than Oil Companies and Data Centers, Poll Shows
by shayaanby shayaanA previously undisclosed poll being circulated among Senate Democrats shows that cryptocurrency remains deeply unpopular with the party’s base, potentially complicating the …
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Mining
One of the Biggest Bitcoin Mining Companies of Its Time Files for Bankruptcy! Here’s Why
by shayaanby shayaanPoolin, once the world’s largest Bitcoin mining pool, has filed for Chapter 11 bankruptcy protection in the US due to financial difficulties. …
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Markets
Bitcoin treasury companies sell up, repay debt, pivot to AI as share prices collapse
by shayaanby shayaanFalling share prices, debt obligations and difficult market conditions are forcing former bitcoin accumulators to sell their holdings and restructure operations. www.coindesk.com
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Smart Contracts
Visa Unveils Stablecoin Platform for Banks and Fintech Companies
by shayaanby shayaanIn short Visa has introduced the Visa Stablecoin Platform for banks, fintechs and payment providers. The platform launches with support for Open …
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Markets
Live markets: Japan's collapsing yen is pushing companies into bitcoin and XRP
by shayaanby shayaanHedge funds have turned the most bearish on the yen since 2007, boosting bets on further losses to nearly 138,000 contracts as …
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Adoption
Korean Companies Deny Joining Open USD Alliance, Exposing Stablecoin Transparency Gap
by shayaanby shayaanA stablecoin alliance that advertised Samsung Electronics, Dunamu, KakaoBank, Hyundai Card, KB Kookmin Card, and Samsung Card as members ran into a …