Business

Bitcoin Flat Near $64,000 As Oil Hits One-Month High, Kimi AI Selloff Continues

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Stocks and technology bets are still recovering from Friday. Moonshot AI’s Kimi K3, a Chinese open-weight model that took the top spot in a much-watched coding benchmark, sparked a semiconductor selloff that dragged crypto down with it to close last week. Aftershocks rippled through Asia on Monday, with South Korea’s Kospi falling 3.5% as traders […]

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Nolan’s ‘The Odyssey’ brings in $124.5 million at the box office in its opening weekend

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Hollywood spent two decades de-risking by betting on intellectual property over people. The franchise became the attraction, eclipsing the directors and movie stars that once drew audiences to theaters. The stars were Harry Potter, Optimus Prime, Iron Man and Elsa. Christopher Nolan has been a rare exception, and the No. 1 opening this weekend for

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Michael Saylor Calls Bitcoin’s New BIP-110 Proposal ‘A Bad Idea’

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Michael Saylor, executive chairman and co-founder of Strategy, has come out to swing against a new proposal to clean up Bitcoin’s ‘spam’, arguing it could fundamentally change how the world’s largest blockchain works. Bitcoin Improvement Proposal (BIP) 110, which aims to temporarily limit arbitrary data to focus on the core monetary functions, is a threat

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Tether’s USDT hits 2-year countdown, threatening its position on US crypto platforms

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This year Tether launched USAT – launched with US standards in mind and issued through US banking partner Anchorage Digital. So far, it is still at a relatively low consumption level. “Non-compliant stablecoins cannot be used by US institutions when the safe harbor expires in 2028, but we don’t expect the market to wait,” said

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Kraken Launches Crypto Options, Betting on Simpler Products Can Expand Market

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Derivatives account for the vast majority of crypto trading volume, but options remain a relatively small corner of the market, dominated by a handful of established venues, including Deribit, CME Group and Binance. New players are increasingly betting that a wider adoption of opportunities will follow the institutionalization of digital assets. The move is the

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Inside Zcash’s new node targeting Visa-scale privacy at 50,000 transactions per second

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Throughput measures and the role of Tachyon The reason for building all this is arithmetic. Mastercard and Visa process more than 50,000 transactions per second, and the team calls that number “its bottom, not its goal.” Zcash’s current cryptography would require a node to ingest and verify more than 500 megabytes of data every second

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