Anthropic and OpenAI have declared PreStocks tokens backed by their shares worthless, sending the Solana products down up to 39%. Summary Both companies said any transfer of their stock to special purpose vehicles without board approval is void, meaning buyers receive no shareholder rights. Anthropic named Open Door Partners, Hiive, Forge Global, and several others
Ethena’s native token, ENA, saw its price decline as Bitcoin slid below $79,000 The slight dip happened despite ENA notching a 5-week high in whale activity. Prices could fall further, but a rebound for BTC could boost ENA. Ethena (ENA) price faced downward pressure today, dropping nearly 4% to intraday lows of $0.11 as Bitcoin
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond. Source link
Key Takeaways KDDI paid $65 million for a 14.9% stake in Coincheck Group N.V., with the deal closing in June 2026. Au Coincheck Digital Assets, Inc. plans to launch a non-custodial wallet in summer 2026 for KDDI’s 30 million users. Coincheck Group shares climbed up to 35% on May 12 as investors responded to the
The Musk v. Altman trial kicked off on Wednesday with a unique proposition: OpenAI wanted to bring its ass into the courtroom, and lay it bare before the jury. It’s a good thing lady justice wears that blindfold. A lawyer for Sam Altman’s AI behemoth, Bradley Wilson, approached US district judge Yvonne Gonzalez Rogers and
Anthropic launched Claude for Small Business, a new product package that brings its AI assistant into the software tools used by small business owners, including QuickBooks, PayPal, HubSpot, Canva, Docusign, Google Workspace, and Microsoft 365. The launch expands Anthropic’s push to turn Claude into a workplace agent rather than a standalone chatbot. The company said
SYS – one of the affected coins – nosedived by 34% in a matter of a single day. Many leading cryptocurrencies have seen some volatility over the past 24 hours, yet their price swings don’t compare to the devastating crash that five lesser-known altcoins experienced. The culprit behind that meltdown was Binance, which recently
A day after opening, 23 Tesla Diner reviews had disappeared from Yelp, leaving it with just 14 write-ups, and only a single one-star review. Source link
Key Takeaways Bitcoin ETFs lost $233.25M as Fidelity FBTC and Ark ARKB led Tuesday’s outflows. Ether ETFs dropped $130.62M, with Blackrock ETHA seeing a $102.04M exit. XRP gained $5.31M and solana $19.07M as investors rotated into altcoin ETFs. Bitcoin ETFs Trade $1.68B as Solana and XRP Inflows Highlight Shifting Investor Appetite The market’s appetite for
A member of the European Central Bank Governing Council has indicated that the upcoming June meeting will determine whether interest rates are raised or left unchanged, underscoring growing uncertainty over the next phase of eurozone monetary policy. Summary ECB Governing Council member Kocher says the June meeting will decide between raising interest rates or keeping