Autonomous electric tractor startup Monarch Tractor warned staff Thursday it may need to lay off more than 100 employees, or possibly even ‘shut down,’ according to a company-wide memo obtained by TechCrunch. The memo comes after Monarch Tractor was already cutting some positions over the last few weeks at its California corporate facilities and remote…
Key Takeaways JPMorgan boosts Bitcoin exposure by 64%, holding over $340M in BlackRock’s ETF The bank is using both direct holdings and options to manage and profit from bitcoin price moves. Once skeptical, JPMorgan now sees bitcoin as undervalued and forecasts it could reach $170K within a year. JPMorgan Chase, one of the world’s biggest…
Cardano trades at $0.466 as RSI divergence and a TD Sequential 9 signal emerge. Whale selling and exchange outflows add mixed pressure. Cardano (ADA) is showing early signs of a potential short-term shift. At the time of writing, the asset traded at $0.466, with a slight drop in the last 24 hours and an…
Solana’s price action around the $130 level is drawing renewed attention as institutional capital flows into staking-enabled ETFs continue to climb. While short-term volatility persists, the combination of derivatives positioning, rising on-chain participation, and regulated staking products is reshaping how investors gain exposure to the Solana ecosystem. Price and Derivatives Data Hint at a $130…
Microsoft, Nvidia, and Anthropic seal a multibillion-dollar AI pact, scaling Claude on Azure with Nvidia chips to bring frontier models to more enterprises. The post Microsoft, Nvidia, Anthropic Forge ‘Dream Come True’ AI Alliance appeared first on TechRepublic. Source link
World Liberty Financial (WLFI) , the DeFi venture closely tied to President Donald Trump and his family, disclosed that attackers accessed some user wallets through phishing and third-party security lapses before the platform officially launched. Summary WLFI says a pre-launch breach stemmed from phishing and third-party security lapses, not flaws in its own smart contracts,…
Once upon a time, Americans lined up in droves outside Walmarts and Targets, still full from Thanksgiving dinner, so they could be first in the door. Thankfully, these frenzied Black Friday free-for-alls are a relic of a bygone era. Now, not only can you order all of the best Black Friday deals online, but for…
The SEC accelerated crypto’s ascent by approving a high-cap Bitwise 10 ETF that strengthens institutional access through transparent benchmarks, firm safeguards and concentrated exposure led by bitcoin, ethereum, XRP and solana, energizing momentum across assets. SEC Sets Aside July Action and Approves Bitwise 10 ETF With High-Cap Drive Crypto-market momentum accelerated as U.S. regulators advanced…
Key Takeaways William Hill, co-founder of Samourai Wallet, was sentenced to four years in prison for his involvement in money laundering. Samourai Wallet offered Bitcoin mixing services to enhance transaction privacy, obscuring the origins of funds. Share this article William Hill, co-founder of Samourai Wallet, a Bitcoin mixing service, received a four-year prison sentence today…
Nvidia CEO Jensen Huang didn’t need any prompting on Wednesday to address the elephant in the room. “There’s been a lot of talk about an AI bubble,” he said on an earnings call before quickly getting to his main point: “From our vantage point, we see something very different.” Huang went on to spend about…
