Business / Finance
BitMart founder says security team ‘severely understaffed’ after new hack
The crypto exchange’s founder warned of security staffing shortages amid restructuring as analysts flagged suspicious transfers potentially linked to the Mercado Bitcoin hack.
Crypto PACs eye 2028 “new map” as Democrats take Congress
Crypto super PACs spent more than $176 million on the midterms, but the Democratic sweep raises the prospect of tougher industry scrutiny.
ChatGPT Is Getting a GIF Maker Powered by OpenAI's Unannounced Images 2.6 Model
OpenAI is rolling out animated GIF creation in ChatGPT, with frame-by-frame editing and speed controls.
Pound rises to its highest level since the Brexit referendum
Pound reaches highest level against a basket of currencies since the Brexit referendum a decade ago
‘Seismic’ blue wave triggers the sinking of oil prices, energy stocks, and the chances of power permitting reform
The overwhelming nature of the Democratic win is making everyone rethink energy strategies from Iran to Texas data centers.
How Aussie Bitcoiners can avoid 2027’s shock CGT hike: Part 1
From setting up an SMSF or a company, to just leaving the country entirely, here are some strategies Australian Bitcoiners can employ to deal with 2027’s massive CGT hike.
After the midterms, Big Tech’s AI data center problem is only getting bigger
On Tuesday, U.S. voters delivered an overwhelming victory for Democratic candidates throughout the country that will upend the halls of power in Washington and data center hotbeds…
Google Tells Schools They Can Reject AI—But They'll Lose Search, Too
Google is giving schools more control over Gemini, but districts that want Search without AI are out of luck, fueling accusations that the company is pressuring educators into ado…
Coinbase Says 99% of Customer Crypto Is Offline and Out of Hackers’ Reach
Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline storage for over 99% of assets, split private key…
UK government considers smart glasses ban over secret filming concerns
Minister hints at restriction on selling technology ‘to certain users’ amid worries over surreptitious filming of womenThe government is considering placing restrictions on smart …
‘He basically gets to steer a political party’: Elon Musk is $474 million poorer post-election, but it may not have deterred his influence on 2028
“It’s not just about who wins,” one political spending expert said. “It's about setting the agenda and what types of issues we talk about.”
Crypto's powerhouse super PAC, Fairshake, found its kryptonite
The industry's primary campaign arm had cultivated a reputation as an unstoppable force, but more than a third of its spending failed to hit the mark, especially in Ohio.
Democrat wins will slow data center construction and force tech to the negotiating table after even Republican stronghold of Texas flips
Three Democratic governors elected Tuesday have promised to reexamine data center expansion.
US Bank Regulator Issues First AI Framework as Banks Battle Rogue Agents
The OCC's first examiner guide weighs autonomy and financial harm, and directly addresses outside AI agents—the same risk that recently prompted major banks to restrict customer-a…
States agreed to ‘fully, finally, and forever’ release Meta from claims they didn’t know existed — with $459 million for Cambridge Analytica claims
The judge also concluded the company failed to notify users about thousands of applications associated with data misuse.
America’s grid upgrade hinges on a 400-ton machine designed in the 1800s — and just one U.S. mill makes the special steel inside it
Between 2019 and 2025, demand for generator step-up transformers, those that connect power plants to the transmission grid, nearly tripled.
The richest 10% outspend the poorest quarter over 13 to 1 per child on childcare, education and activities — up from about 3 to 1 in the early 1980s
Before age 5, children from the poorest fourth of families receive about $44,000 less in total investments than children from the richest fourth.
Trump approved nearly 90% of disaster aid requests from all-Republican states and only 23% from all-Democratic ones
FEMA owes local governments almost $10 billion in reimbursements for recovery work that cities and towns have already paid for.
Trump-linked tokens lead crypto losses after Democrats sweep in the US midterms
The official Trump and World Liberty Financial tokens were the two biggest losers among the top 100 cryptocurrencies on Wednesday even as Bitcoin and Ether rallied.
The great sleeping giant of America has awakened | Robert Reich
The real question in my mind is whether Democrats will take advantage of the new age of populismThe great sleeping giant of the US has awakened, taken a hard look at what’s become…
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.
US Voters Back AI Data Center Restrictions in At Least 29 Communities
Voters across the United States backed measures to curb data centers, raising new obstacles for the infrastructure powering AI as electricity bills, water supplies, and public ove…
Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’
Chesky was a natural founder but a “terrible CEO,” he said, and fixing that meant losing executives who wouldn’t adapt.
The Guardian view on EU ‘Made in Europe’ rules: a fatal blow to Brexiter delusions | Editorial
It is getting ever harder for Eurosceptics to deny that it was an economic and strategic blunder for Britain to leave the single marketThe EU is a constantly evolving institution.…