Bitcoin mining software reveals high severity security flaw
TheStreet Bitcoin miners use specialized computers to race to add the next valid block. Adding blocks and validating transactions is how they earn rewards. This week, Bitcoin Core developers flagged a “high severity” software flaw in a November 10 report. The flaw could stop affected mining nodes from preparing new blocks. Explained: What is Bitcoin mining? (6:23) This could potentially cost miners opportunities to earn rewards. As per the report, the flaw was reported to developers in September 2025 and patched that October, over a year before its public disclosure. Developers waited until the last vulnerable software version reached end of life on Oct. 27, 2026, before releasing any further details. The flaw did not directly expose Bitcoin holdings to theft. Miners’ reliance on Bitcoin Core Bitcoin Core is the open-source software descended from the original Bitcoin code released by Satoshi Nakamoto in 2009. The software enables nodes to verify transactions and maintain the network with the addition of newer blocks. For miners, the software also prepares transactions that mining machines compete to add to the blockchain. Before mining a new block, a computer gathers pending transactions into a draft block. The mining machines then compete to produce a valid block, with the successful miner earning 3.125 BTC in newly issued Bitcoin, plus transaction fees. If the software, however, fails to curate that template, the machines are essentially left with no valid work to perform or blocks to add. What went wrong with Bitcoin Core Bitcoin Core has identified the vulnerability as CVE-2025-62861. It has been found to have stemmed from how Bitcoin Core handled transactions after a blockchain reorganization. In a reorganization situation, the network replaces recently accepted blocks with a competing chain. Transactions from the discarded blocks are normally returned to the pool of unconfirmed transactions, known as the mempool. Popular on TheStreet Roundtable: Apple users get urgent security warning over iPhone flaw TikTok boosts bitcoin firm as revenue falls 44% Ethereum ended CoreWeave’s mining days. Earnings test its AI bet Under specific conditions, the bug could remove a transaction while leaving others that depended on it. This left the software with an inconsistent transaction list and prevented it from producing valid block templates. Security researcher Niklas Goegge reported the vulnerability on Sept. 26, 2025, and developer Greg Sanders submitted a fix Bitcoin Core 30.0 shipped the patch on Oct. 10, 2025, followed by versions 29.2 on Oct. 14 and 28.3 on Oct. 17 The flaw affected versions 28.0 through 28.2 and 29.0 through 29.1 What the bug could have cost Bitcoin miners The immediate consequence for affected miners would be lost mining time. Restarting the node would first rebuild its pending transaction list and temporarily restore normal operations. However, the problem could return if another qualifying reorganization occurred. Upgrading to a patched version was needed to remove the underlying vulnerability. Bitcoin Core’s disclosure did not report exploitation or financial losses. The vulnerability majorly unleashes a threat of disrupted mining operations and missed rewards for the miners, and not a threat of BTC getting stolen. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: American Express jumps 28 places on the Roundtable 100
Ripple veteran reveals why he sold millions in crypto, and what remains
HIVE CEO responds to Elon Musk's neocloud warning (4:14) Ripple Labs CTO Emeritus David Schwartz has put numbers on how far he has stepped back from crypto. In a post on X, he said he has not bought XRP in a long time and has sold nearly all the digital assets he ever held. Some users read that as a full exit. His own figures show otherwise. “I haven't bought XRP in a long time. I am very uncomfortable with risk and have sold nearly all of the digital assets I've ever held. I still hold quite a bit of Ripple stock, and that alone is more risk than I wish I had,” he wrote in the post. From 26 million XRP to around 3 million One of his followers on X wrote: “founder of Ripple just stated that he sold nearly all of his XRP and only owns Ripple stock.” Responding to him, Schwartz said it’s not a secret and his XRP holdings have fallen from a peak of roughly 26 million tokens to about 3 million. Bitcoin is down from around 1,500 BTC to one coin. Ether has dropped from about 40,000 ETH to six. Related: Musk warned America will go 1,000% bankrupt. Now U.S. debt tops $40 trillion and counting He described himself as very uncomfortable with risk. He added that the Ripple stock he still holds already carries more risk than he would like. “In 2025, I sold about 2.5 million XRP, most of which I received in 2020 and 2023. I paid approximately $1.7 million in capital gains tax on those sales,” he wrote in a post a few days ago. The reasoning is not new. In a July 21 reply, Schwartz said he had agreed with his wife to sell at every new all-time high. He admitted he wishes he hadn’t, and said he wishes he were more comfortable with risk but is “not that person.” Earlier this year he also said he regrets selling XRP at $0.10 and ETH near $1.05. “I wish I hadn't done those things. But I agreed with my wife to sell at every new ATH and I really, really hate risk. I wish I was more comfortable with risk, but I'm just not that person,” he stated before. Schwartz has been candid before This is not the first time his comments on Ripple’s past have drawn attention. In July, Schwartz backed CEO Brad Garlinghouse’s claim that Ripple came close to shutting down after the SEC sued in December 2020. He said company lawyers advised that Ripple was “done” and “unsavable,” and that executives should cut a deal to save themselves. Garlinghouse and Executive Chairman Chris Larsen chose to fight instead. The case became one of the most closely watched legal battles in crypto. Schwartz stepped back from his day-to-day CTO role at the end of 2025 but remains active in the XRP Ledger community. By his own account, Ripple stock now carries more risk for him than any token he holds. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: Binance founder issues chilling warning after record crypto heist
Signage for Bitcoin cryptocurrency on a cryptocurrency ATM, operated by Coinhero, in Hong Kong, China, on Wednesday, Nov. 26, 2025. Signage for Bitcoin cryptocurrency on a cryptocurrency ATM, operated by Coinhero, in Hong Kong, China, on Wednesday, Nov. 26, 2025. Source: Getty Images Framingham, an affluent city in Massachusetts, recently introduced a sweeping ban on crypto ATMs in the face of scams. According to Census Reporter, the city’s median household income of $110,159 dwarfed the national median household income of $81,604 in 2024. Income in Framingham, Massachusetts, U.S., Source: Census Reporter While 35% of Framingham’s households had an income range of $100,000-$200,000, 19% of the households earned over $200,000 as of 2024. But the city’s residents reported losing money to crypto ATM scams for the last few years, forcing the council to ban these machines. A crypto ATM is a kiosk where a user can buy Bitcoin (BTC), Ether (ETH), XRP, etc., with cash or a credit card. Some ATMs even let users send crypto from their wallet to the machine’s address to receive physical cash. Popular on TheStreet Roundtable: Billionaire Ray Dalio reveals how to survive ‘economic heart attack’ Apple users get urgent security warning over iPhone flaw Ripple veteran says he threw IRS letter in trash After residents in Framingham reported losing $397,000 to scams related to these ATMs since 2023, the City Council voted unanimously to ban these machines from operating in the city, MetroWest Daily News reported on Nov. 9. The move aims to protect the city’s residents, especially senior citizens, non-English speakers, and lower-income people, from financial fraud. Middlesex District Attorney Marian Ryan told councilors that many of these scams never got reported because victims feel embarrassed. "What's incredibly important about this is that there's no way to get access to it, even in those cases where we are able to successfully prosecute who may have been the scammer. We can't access the wallet that will be holding the money. Often that wallet is actually outside of the United States," she said. "There's really no good reason for these machines to be scattered around the city." After District 3 Councilor Mary Kate Feeney first introduced the ban proposal in October, the rules, ordinances and ethics subcommittee approved it. At the Nov. 5 meeting, the City Council unanimously approved the proposal to ban crypto ATMs from operating in the city. Framingham Police Department also supported the ban. Detective Sean Wilson said his professional experience has given him firsthand insight into the financial harm caused by these scams and the challenges victims face in attempting to recover their money. District 4 Councilor Michael Cannon said he would eventually like to see a statewide ban on crypto ATMs because scammers can simply move to another community that hasn’t banned these machines. "When it's a scam-related type ban, it gives the municipality comfort that we've looked out for our seniors, we've done that," he said. "But the criminals have moved on to other technologies, they've got other ways. So we have to stay vigilant." Framingham joins 22 other Massachusetts communities, including Burlington, Haverhill, Waltham, and Wayland, that have banned crypto ATMs. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: ‘Breaking Bad’ city bans crypto ATMs, threatens to shut violators down
Nasdaq Fold Holdings, the first publicly traded bitcoin financial services company, said on Nov. 10 that TikTok Shop has become its largest gift card and customer acquisition channel. The milestone came in a quarter when the company’s total revenue fell 44% from a year earlier. The Phoenix-based firm, which trades on the Nasdaq under the ticker FLD, reported $4.16 million in revenue for the quarter ended Sept. 30, down from $7.40 million in the same period last year. It posted a net loss of $2.65 million, or 5 cents per share, against net income of $554,242 a year earlier. ‘You can’t put this genie back in the bottle,’ says Fold CEO on Bitcoin’s momentum (4:28) TikTok is now Fold’s biggest customer channel Fold brought its bitcoin gift card to TikTok Shop in July, becoming the first and only bitcoin gift card sold on the platform. The company said gift card sales drove an approximately 270% increase in custody and trading revenue during the third quarter. It did not specify the period that growth was measured against. September was a record month for bitcoin gift card sales, and the card holds a 4.7-star rating on TikTok Shop, the company said. Kroger also renewed its commitment to the Fold program. A shift from transactions to balances Chairman and CEO Will Reeves called the quarter an inflection point for the company, saying Fold is moving from a business built on transactions to one that earns from customer balances. "A transaction pays us once. A customer balance earns for us every month it stays on the platform, and it ties that customer more closely to everything else we offer," Reeves said in a statement. Fold launched Fold Reserve, a stored-value product that unlocks higher rewards tiers, and spending accounts held at Lead Bank, an FDIC-insured institution. It also enabled pass-through bitcoin buying from any linked bank account. Popular on TheStreet Roundtable: Apple users get urgent security warning over iPhone flaw Mysterious trader buys millions ahead of Nov. 10 inflation report Ripple veteran says he threw IRS letter in trash Thousands of customers have activated the new balance products, bringing millions of dollars in balances onto the platform. The company said those customers hold balances several times larger than its average user. The credit card waits on a financing partner The Fold Credit Card expanded early access to about 2,500 cardholders and shifted from a waitlist to an invite system, with a pre-approval flow launching outside the Fold app. Reeves said a financing partner for the card is expected to be announced shortly, but no agreement has been signed. Such a facility would let the program scale beyond Fold’s own balance sheet. What the balance sheet shows Fold ended the quarter with $21.7 million in cash and 247 bitcoin in its treasury. Total operating expenses fell 21% year over year to $10.5 million, and the adjusted EBITDA loss narrowed to $4.5 million from $5.5 million in the second quarter. Total transaction volume reached $159 million in the quarter. Verified accounts passed 88,500, up 1,500 in the period. The company extended the maturity of its $13 million note to November 2027 and replaced a $250 million equity line with a $25 million committed equity facility, which it said reduces potential dilution. On Oct. 22, stockholders approved a reverse stock split authorization, one tool available to regain compliance with Nasdaq listing rules before a Jan. 11, 2027 deadline. Fold was scheduled to host an earnings call at 5 p.m. ET on Nov. 10. Related: Fold CEO says 'partners don't bat an eye' when Bitcoin drops 50% Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research before making any investment decisions.
CoreWeave stock could swing 15% on earnings, options imply
CoreWeave Inc. signage in Times Square in New York Getty Images CoreWeave (Nasdaq: CRWV) is set to report its third-quarter earnings after the U.S. market closes on Nov. 10, with options traders pricing in a potential double-digit stock swing. The report would follow a difficult month for the AI infrastructure company, that has drawn criticism from CNBC host Jim Cramer and Tesla CEO Elon Musk over its stock performance and mounting debt. Related: Goldman Sachs revises rating and target on beaten-down AI stock From Ethereum mining to AI infrastructure CoreWeave began in 2017 as Atlantic Crypto, a cryptocurrency mining company founded by former hedge fund colleagues Michael Intrator, Brian Venturo and Brannin McBee. “We were the largest Ethereum miner in the world for like two and a half years,” Venturo told TechCrunch in March 2025, adding that the company once operated 50,000 Nvidia GPUs. The company rebranded as CoreWeave in December 2019 and shifted toward renting computing power for artificial intelligence. CoreWeave went public on March 28, 2025, raising $1.5 billion at a roughly $14 billion valuation. Its stock subsequently reached an all-time high of $187 on June 20, 2025. Despite securing an $8.5 billion loan in March 2026 for AI infrastructure, CoreWeave’s total debt has approximately exceeded $50 billion this year, driving its unsecured notes into distressed yields. Company shares have also fallen sharply over the last few months amid concerns surrounding its AI infra costs. On Oct. 20, Cramer wrote on X, "I think I am a prisoner of Coreweave and I am breaking out," without confirming whether he had sold his shares. A week later, he questioned the company’s borrowing costs. Jim Cramer attends Charity Day 2025 Photo by Slaven Vlasic/Getty Images for Cantor Fitzgerald "If Jensen thinks that CoreWeave is money good he should buy up their their 15% debt," Cramer wrote, referring to Nvidia CEO Jensen Huang. Musk had expressed similar concern on Oct. 13. When investor Chamath Palihapitiya flagged CoreWeave’s bond yield reaching 15%, Musk replied with a single word: “Yikes.” CoreWeave shares fell sharply the following day, trading near $65.97 during the session. CoreWeave chart signals potential rebound In a Nov. 10 post, Barchart highlighted CoreWeave shares bouncing from the lower boundary of a descending price channel. CRWV’s one-year daily chart shared by Barchart on Nov. 10, showing shares bouncing off the lower boundary of the descending channel. The original post also promotes Tradr’s CWVX leveraged ETF. The pattern suggests a possible countertrend rally, meaning a short-term recovery within a broader downward trend. Options markets, however, indicate significant uncertainty ahead of earnings. While Barchart estimates a 15% expected move, TipRanks estimated 18.17% in its Nov. 10 analysis. CoreWeave’s previous four post-earnings stock moves averaged approximately 16.4% in absolute terms. The Barchart and TipRanks figures reflect volatility implied by options pricing, while the 16.4% average reflects actual past moves. None predicts whether the stock will rise or fall Popular on TheStreet Roundtable: Apple users get urgent security warning over iPhone flaw Mysterious trader buys millions ahead of Nov. 10 inflation report Ripple veteran says he threw IRS letter in trash Wall Street awaits CoreWeave earnings CoreWeave will release its third-quarter results after Tuesday’s market close, with an earnings call scheduled for 5 p.m. ET. Analysts expect revenue to climb approximately 160% year over year to $3.54 billion, according to TipRanks. The company could also report a wider loss of $1.27 per share, compared to the eight-cent loss it had clocked last year. Investors will be watching whether demand for AI computing can justify CoreWeave’s aggressive expansion and borrowing costs. Wall Street remains cautiously optimistic, with a Moderate Buy consensus based on 21 Buy, five Hold and three Sell ratings. The average analyst price target stands at $123.21. CoreWeave’s previous earnings report triggered a 19.3% stock rally after the company posted a smaller-than-expected loss. This time, attention will also focus on financing plans, debt obligations and management’s outlook for AI infrastructure demand. CoreWeave shares traded at $47.53, down 2.95%, at press time. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: Hive posts $84.9 million fiscal Q2 2027 revenue with AI cloud sales up 70%
Binances bStocks führt den 4,8-Milliarden-US-Dollar-Markt für tokenisierte Aktien mit einem Anteil von 31 % an
Exklusiv: Binance-CMO sagt, Krypto werde „allgegenwärtig“ sein (4:27) Binances bStocks ist nun das größte tokenisierte Aktienprodukt mit einem verwalteten Vermögen von 1,5 Milliarden US-Dollar, laut Daten von Token Terminal. Das entspricht mehr als 31 % der Kategorie. Tokenisierte Aktien sind Anteile an Unternehmen, die als digitale Token auf einer Blockchain ausgegeben werden. Sie ermöglichen Anlegern den Handel rund um die Uhr, ohne ein herkömmliches Brokerage-Konto zu benötigen. bStocks erreichte die Spitze, als der Markt ein neues Hoch erreichte. Tokenisierte Aktien verzeichneten am 10. Nov. ein Rekordvolumen von 4,8 Milliarden US-Dollar an Vermögenswerten, laut Angaben des Blockchain-Datenunternehmens Token Terminal.
This crypto firm lets AI agents take the first vote on startup deals
Tribute Labs co-founder Aaron Wright on Aiden using AI agents for vetting startups (8:11) A venture fund where the first pass on every deal comes from AI agents is no longer a futuristic experiment. Aaron Wright, a lawyer turned crypto builder, is betting that AI will soon pick startups better than humans do. His new venture product, ADIN, puts artificial intelligence at the center of the investment process. "People need to get comfortable with the fact that these agentic systems are probably gonna be able to generate a higher rate of return," Wright told TheStreet Roundtable in an episode of the video series, Against the Odds. Related: This AI startup is betting it can end insurance claim denials Behind America’s first DAO law Wright co-founded Tribute Labs, along with Priyanka Desai. It began as the Ethereum legal-tech startup OpenLaw before rebranding in 2021 to focus on building decentralized autonomous organizations, or DAOs. He is also a former law professor at Cardozo School of Law in New York. Wright has helped write Wyoming’s DAO law, which passed the state Senate in a 28-2 vote in 2021. The law let DAOs register as limited liability companies, and Wyoming approved America’s first legally recognized DAO that same year. Tribute has since supported a network of about 20 DAOs that try to replace a fund’s general partner with democratic voting. Wright says they have collectively backed six of the top 12 DeFi projects. Aiden takes that idea a step further, replacing much of the crowd with AI. A billion dollars on paper The crowd-picking model also produced one of the most visible boom-and-bust trades in crypto. In 2020, Wright co-founded Flamingo DAO, a members-only collective that pooled capital to buy NFTs. By early 2022, the group’s collection of CryptoPunks, Bored Apes and generative art was valued at about $1 billion, up from roughly $10 million in member contributions. NFTs, or non-fungible tokens, are blockchain records that prove someone owns a digital item, usually an image. During the 2021 boom, collectors paid millions of dollars for cartoon apes and pixelated portraits. Then the market collapsed. NFT trading volume came to about $5.5 billion in 2025, well below 2024 levels and far from the peak. CryptoPunks, a centerpiece of Flamingo’s collection, saw their floor price fall roughly 78% from the 2021 high. The projects that lasted mostly turned into something else. Pudgy Penguins, a 2021 collection of cartoon penguin NFTs, now sells plush toys in about 2,000 Walmart stores, TheStreet reported. Even that model has limits: in October, parent company Igloo shut down Abstract, the blockchain it launched in January 2025. Asked what the collection is worth today and what the bust taught him, Wright did not give a number. He said Flamingo bought “before there was any boom” and that he expects the works to carry “cultural and also hopefully financial” value in the long run. The episode is a useful test for ADIN. A $1 billion mark in a thin, momentum-driven market is not the same as a realized return. If AI agents are built to spot what comes next, investors will want to know whether they can tell a trend from a bubble. More on TheStreet Roundtable Pudgy Penguins maker shuts down its next big bet within 18 months Binance hackers turn to Elon Musk memecoins to hide $6.3 billion GTA 6 may be the last blockbuster built without AI A vote followed by an hour of diligence Aiden starts by taking in whatever information exists on a startup, from pitch decks to public materials. It then runs an extensive diligence process that lasts about an hour. At the end, a “synthetic investment committee” made up of multiple AI agents votes on the deal, giving it a thumbs up, a thumbs down or a maybe. The result is a composite score that Wright compares to an IMDb rating or a Rotten Tomatoes score. For now, humans make the final call. Wright’s team interviews the founders, feeds the answers back into Aiden and then decides whether to invest. Tribute has also paired Aiden with a network of about 1,300 scouts who source deals across the technology sector. ADIN follows a pre-determined sequence to finally arrive at a final decision. The legal ramifications Because people make the final decisions, legal liability for Aiden’s picks rests with the firm. But Wright says U.S. law is already ready for something much stranger. "Today in the U.S., with a little bit of legal work, you can have an AI that owns a legal entity and doesn't have any humans overseeing that enterprise," he said. "That may sound odd, but I think that's the future." He expects AI agents to become regular players in finance. “They’ll be generating income and revenue, they’ll be making a profit for themselves and possibly even investors,” he said. Taking on a 60% failure rate Wright says roughly 60% to 70% of venture-backed projects never return any capital. Cutting that even slightly, he said, “just changes the entire game.” He also sees a fairness angle. Founders often feel they must be in Silicon Valley, New York, Boston or Austin to raise money. An AI that can judge a startup from anywhere “should democratize access to capital,” Wright said. Related: Mace Ai founders warn of AI double agents amid banks detecting unauthorized AI agents From filter to decision-maker Wright expects ADIN to take on more of the process over the next few years, possibly including writing the check itself. He compares the shift to the rise of algorithmic hedge funds, when data science reshaped trading. AI systems, he said, will “first assist and then ultimately obliterate” the way venture funds work today. “Agentic finance is coming,” he said. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com.
American Express jumps 28 places on the Roundtable 100
Roundtable 100 analyst is bullish on Solana (2:32) American Express (NYSE: AXP) rose 28 places on the Roundtable 100 in the Nov. 6 ranking, rising to No. 42. Founded as a freight forwarding company in 1850, American Express is a leading bank holding and financial services corporation that specializes in payment cards. American Express Published with TheStreet, The Roundtable 100 ranks the top 100 publicly traded technology growth assets. Each is scored from 0 to 100 by the analysts of the Blue Ribbon Committee on five variables, Team, Safety, Value, Innovation, and Market Dominance, with the average forming the asset’s Power Ranking. The list refreshes every Friday after the U.S. market close. The Blue Ribbon Committee committee’s analysts rank a company on the basis of its potential to grow in the future, not its current dominance. Popular on TheStreet Roundtable: Treasury Secretary Bessent has final say on next reserve move, says ex-White House official Mysterious trader buys millions ahead of Nov. 10 inflation report Ripple veteran says he threw IRS letter in trash Committee member John Slazas is the founder of MKT.TRADE and has more than 40 years of experience across trading and market structure. Slazas said American Express’ business position should be scored separately from its valuation. He said his case rests on scale as the company posted $454 billion in quarterly billed business in the third quarter of 2026. Follow American Express on the Roundtable 100 "American Express is the card issuer, the payment network and the merchant relationship at once. Most rivals are only one of the three." The RTB 100 analyst said it’s a qualitative judgment from the scale, not a measured market share. He also highlighted that the company’s adjusted earnings per share (EPS) benefited from two accounting factors: When American Express sold its stake in the Global Business Travel Group or “Amex GBT” (NYSE: GBTG), it recorded a gain from the transaction but also incurred restructuring-related costs. For adjusted EPS, Amex excluded the net impact of these items, Slazas stressed. The effective tax rate is the percentage of pre-tax income a company pays in taxes. A lower tax rate allows American Express to retain more of its earnings after taxes, thereby boosting reported EPS, Slazas suggested. The analysts granted American Express scores above 80 on Team, Market Dominance, and Safety factors but low scores on Innovation and Value. The company has an overall RTB 100 score of 70 out of 100. See the full ranking. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investments are subject to market risk. Always conduct your own research before making any investment decisions. Disclosure: RTB Digital, Inc. (Nasdaq: RTB), publisher of the Roundtable 100, is itself a ranked constituent of the index. The Roundtable 100 is published for informational purposes only and is not investment advice, an offer, or a recommendation to buy or sell any security, commodity or digital asset. Rankings reflect the views of Roundtable analysts as of the ranking date. Investing involves risk, including loss of principal. Related: Roundtable 100 holds Solana at No. 5 following Alpenglow upgrade
Apple users get urgent security warning over iPhone flaw
A consumer experiences Apple’s first folding screen smartphone, the iPhone Duo, in Apple’s flagship store on Nanjing Road Walkway in Shanghai, China, on November 7, 2026. NurPhoto / GettyImages Binance, the world’s largest cryptocurrency exchange by spot trading volume, has warned iPhone users against a security vulnerability. The warning came days after a cyberattack impacted billions of dollars in digital assets under the exchange’s custody. On Oct. 29, Binance suffered a massive cyberattack affecting approximately $6.34 billion in digital assets. Now, it has flagged a separate security threat that could potentially expose private information of crypto users. How did hackers drain $6.3 billion from Binance in about 20 minutes (3:39) Binance’s alert to crypto holders using iPhones In a Nov. 10 warning, Binance alerted Apple users about an iOS vulnerability called worse_query, that could allow malicious applications to access files tied to other apps. The researcher described the vulnerability as a “sandbox escape,” meaning a malicious application could bypass security barriers designed to prevent apps from accessing each other’s data. A malicious app using the flaw could potentially expose crypto wallet recovery phrases, private keys and login credentials if those files are accessible on an affected device. More on TheStreet Roundtable Democrats’ sweep sends Trump-linked assets reeling Bitcoin, stocks crash in steepest selloff since Liberation Day Circle crushes Q3 estimates as staff shrinks 5% The reach of this threat is estimated to be wide, given that roughly one in four active smartphones worldwide is an iPhone. Binance says the flaw is an iOS-level issue, not one unique to its app. The risk to any user depends on a malicious app reaching their device and finding such files accessible. According to a researcher’s GitHub repository, the vulnerability seems to affect a broader range of iOS versions, although the published proof of concept requires additional configuration to work. Neither Binance nor the researcher, as of now, has reported attacks or thefts involving the vulnerability, and no specific wallet application has been identified as exposed, as per The Hacker News. What Apple users need to do Binance advised users to remove applications downloaded from untrusted sources and install official iOS and app updates. Users who suspect their devices have been compromised should create new wallets on clean devices, transfer their assets and reset active login sessions. Meanwhile, Apple released iOS 27.2.1 and iOS 26.7.3 on Nov. 9, addressing several security issues. Apple’s release notes, however, do not confirm whether either update fixes the worse_query vulnerability. The Binance attack The attack on Binance earlier, that was brought to light by the company earlier last week, involved compromised employee computers. Through these computers, the attackers managed to access the exchange’s internal wallet-signing service and initiate unauthorized transactions. Binance said it had set aside more than enough funds to cover the loss and would absorb the financial impact. As of its Nov. 3 report, approximately $2.85 billion in assets had been frozen or intercepted, subject to reconciliation and market price changes. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: Binance hackers turn to Elon Musk memecoins to hide $6.3 billion
Finanzminister Bessent hat das letzte Wort beim nächsten Schritt für die Reserve, sagt ehemaliger Beamter des Weißen Hauses
Patrick Witt, damals geschäftsführender Direktor des Beratergremiums des Präsidenten für digitale Vermögenswerte, während des Solana Summit von SPI am Montag, dem 14. September 2026, in Washington, D.C., USA. Quelle: Getty Images US-Finanzminister Scott Bessent hat das letzte Wort beim nächsten großen Schritt des Ministeriums, sagte der ehemalige Beamte des Weißen Hauses Patrick Witt. Bessent werde rechtliche Schritte einleiten müssen, um weitere Bitcoin (BTC) für die strategische Reserve zu erwerben, sagte Witt. HIVE-Vorsitzender Frank Holmes sagt, US-Bitcoin-Reserve könnte „exponentiellen“ Wandel auslösen (1:17)
Binance hackers turn to Elon Musk memecoins to hide $6.3 billion
HIVE CEO responds to Elon Musk's neocloud warning (4:14) The hackers behind the largest crypto theft on record are laundering their haul through memecoins they mint themselves. North Korea-linked launderers created worthless tokens on NEAR, Tron and Solana, then routed stolen Binance funds through decentralized exchange pools built around them, according to blockchain analytics firm Elliptic. The tokens have no value of their own. Their job is to make laundering look like trading, so stolen assets pass through swaps that are harder to tell apart from routine speculation. The disguise borrows from memecoin culture. One of six NEAR tokens displayed Elon Musk under an “Elon 2028 President” banner, the kind of branding that blends into a crowded field of celebrity-themed coins. Elliptic said there is no suggestion Musk has any connection to the tokens. How the memecoin trick works The method is simple. Launderers create a token and pair it with a real asset like NEAR in a liquidity pool. One set of wallets buys the token with stolen funds, and a second set sells it back and withdraws clean assets. Related: Musk warned America will go 1,000% bankrupt. Now U.S. debt tops $40 trillion and counting The stolen funds never move directly between the two sets of wallets. According to the Elliptic report, the six NEAR tokens were created between Nov. 5 and Nov. 7. Each cost about 25 NEAR, or roughly $90, to launch. About 117,000 NEAR, around $430,000, passed through them. None has traded since Nov. 8. The firm said the trail can still be followed on-chain. The tokens slow investigators down rather than hide the money. Launderers used the same trick after the Bybit hack in 2025, moving at least $24 million. Where the stolen $6.3 billion stands Binance put the impact of the Oct. 29 attack at $6.34 billion, while Elliptic puts the figure at $6.43 billion. About $2.85 billion has been frozen. Elliptic said roughly $3.0 billion remains in addresses linked to the theft. It believes North Korea very likely still holds those funds. North Korea denies involvement. The FBI formally blamed North Korea’s TraderTraitor group on Oct. 31. In another report, TRM Labs put total losses at about $6.36 billion across ten blockchains, including 18,270 BTC sent to a single address and split across 19 wallets. Binance has borne the full loss from its own funds, so users bear none of it. Binance founder Changpeng Zhao warned that AI is giving hackers an edge over exchanges and banks. “In the short term, I think that we’re gonna see a lot more hacks,” he said in a post, adding that AI could eventually lead to strengthen defenses. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: Binance founder issues chilling warning after record crypto heist
BitGo adds APT stake to its growing Aptos relationship
Aptos SVP Ash Pampati explains why quantum readiness can't wait (3:22) Crypto custody companies usually play the role of the neutral middleman. They hold digital assets for banks, funds and exchanges, and they rarely bet their own money on the networks they support. BitGo, one of the largest of them, is now putting its own balance sheet behind Aptos. BitGo said in a press release that it has taken a “strategic position” in APT, the native token of the Aptos blockchain. Aptos is a layer-1 network, a base blockchain that apps are built on, originally incubated at Meta. APT is used to pay transaction fees and to help secure the network. The company didn’t disclose the size of the position, what it paid, or when it bought the tokens. Related: $13 trillion brokerage giant offers cheapest ways to trade crypto Building on years of Aptos support BitGo is a New York Stock Exchange-listed company that stores digital assets for institutions. Its businesses include BitGo Bank & Trust, which the company describes as the first federally chartered digital asset trust bank owned by a publicly traded company. The firm already offers Aptos services to its institutional clients. Eligible clients can store APT with BitGo and stake it, meaning they lock up tokens to help run the network in exchange for rewards. BitGo also holds assets created under the Aptos Digital Asset Standard, a framework for things like tokenized loans and real-world assets. Abel Seow, BitGo’s managing director and head of APAC sales, said the move continues that work. “Our work with Aptos already spans custody, staking, and connectivity to onchain markets,” he said. More on Aptos on TheStreet Roundtable: Aptos joins Solana and Ethereum in Bullish’s tokenized stock plan Aptos exec: Wall Street still needs treasury stocks Aptos Labs and five blockchain groups ask SEC for clearer crypto rules A direct line to Decibel That last part refers to Decibel, a trading platform built on Aptos and incubated by Aptos Labs, the network’s core developer. Institutions that use BitGo’s self-custody wallets can connect to Decibel through the same approval steps they already use for other transactions. For Aptos, a custodian holding its token says something about confidence in the network’s direction. Solomon Tesfaye, chief business officer at Aptos Labs, said BitGo’s stake “underscores its commitment to Aptos.” Michael Ching, head of treasury and operations at the Aptos Foundation, the nonprofit that supports the network’s growth, described it in terms of what institutions look for. “Institutional adoption tends to follow solid infrastructure,” he said. The real test is whether BitGo’s clients start doing more with APT, through staking, trading on Decibel, or both. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: Analyst warns Bitcoin should be down 40% after two weeks of chaos
Incoming Senate chair sets urgent deadline for Trump-linked ventures
How did hackers drain $6.3 billion from Binance in about 20 minutes (3:39) Sen. Richard Blumenthal (D-Conn.) has told Binance, Tether and two crypto ventures tied to President Donald Trump to start handing over records by Nov. 30 and finish by Jan. 4, or face what he calls “alternative measures.” Blumenthal shared the letters on Nov. 5, two days after midterm elections gave his party control of Congress. Each company was also told to confirm receipt by Nov. 9. For now, the requests are voluntary. Blumenthal is the top Democrat on the Senate Permanent Subcommittee on Investigations, which Sen. Ron Johnson (R-Wis.) chairs. Incoming chairs gain subpoena authority, the power to legally compel documents, when the new Congress convenes in January next year. Blumenthal, a Connecticut senator since 2011, is no stranger to taking on corporations. He was a federal prosecutor as U.S. attorney and spent 20 years as the state’s attorney general before joining the Senate. As the top Democrat on the investigations panel, he has been pressing the Trump-linked crypto ventures for records since May 2025, and he has since widened his inquiries to Binance and Tether. Related: Traders open $9.1 million in Nvidia shorts as CEO admits to affair Binance: the Iran question Blumenthal opened his Binance inquiry in February, after reports that compliance staff had traced $1.7 billion in transfers to Iranian entities through two partners. His letter says the exchange has produced no records. The Senate is not alone. In September, the Justice Department sought forfeiture of $61 million it says was laundered through Binance accounts. Forfeiture targets the money itself. Days later, Bloomberg reported that prosecutors were examining whether Binance knowingly allowed trading that violated Iran sanctions. Binance said it has zero tolerance for sanctions violations and cooperates with law enforcement. The exchange pleaded guilty to breaking U.S. anti-money laundering laws in 2023 as part of a $4.3 billion settlement. A timeline of the probe. Credits: Adam Barodawala Tether: two lines of inquiry A September report by Blumenthal’s Democratic staff examined 846 wallets sanctioned in connection with Iran and found that 84% of those wallets transacted in USDT. Tether issues USDT, the largest dollar-backed stablecoin, a crypto token designed to hold a steady $1 value. Tether responded that it helped freeze nearly $550 million in Iran-linked USDT this year and that the token is no haven for sanctioned actors. The second line concerns influence. Citing The Wall Street Journal, Blumenthal’s October letter says more than $6 million flowed from Tether to Nxum, a consulting firm partly owned by Bo Hines while he worked on stablecoin legislation at the White House. Hines now runs Tether’s U.S. business and is named in the latest letter. More on TheStreet Roundtable After midterm losses, Trump-linked World Liberty Financial buys its own dip Ripple veteran says he threw IRS letter in trash $13 trillion brokerage giant offers cheapest ways to trade crypto The Trump-linked ventures Blumenthal has sought the ownership, foreign investment and conflict-of-interest records of World Liberty Financial and Fight Fight Fight LLC since May 2025. His letters say neither company has produced any. World Liberty Financial issues the USD1 stablecoin and the WLFI token. Fight Fight Fight LLC launched the $TRUMP memecoin, a token whose value is driven mainly by demand and speculation. The sharpest question involves a reported $500 million purchase of a 49% stake in World Liberty by investors including UAE national security adviser Sheikh Tahnoon bin Zayed Al Nahyan. CNBC reported that the January 2025 deal directed $263 million to Trump family entities, citing his financial disclosure. When recently asked on 60 Minutes why that arrangement differed from one he would criticize in the Biden family, Trump confirmed he co-owns the company but replied, “Because I know nothing about it.” He added that his sons run the business. Why Jan. 4 matters The Jan. 4 deadline turns a long-running paper chase into a test. Companies that once ignored a minority senator now have to weigh how they will respond to a chairman with stronger tools. However, none of these letters is a finding of wrongdoing. The next marker is Nov. 30, when the companies are due to begin producing records. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: Trump's 401(k) private assets rule reaches White House
Hive posts $84.9 million fiscal Q2 2027 revenue with AI cloud sales up 70%
HIVE CEO responds to Elon Musk's neocloud warning (4:14) For most Bitcoin miners, a falling coin price feeds almost directly into falling revenue. HIVE Digital Technologies has spent the past year building a second business to cushion that blow, and its latest quarterly results show that effort starting to pull its weight. The Nasdaq– and TSX-listed company reported revenue of $84.9 million for its fiscal second quarter, which ended Sept. 30. That was up 7.3% from the previous quarter and down just 2.7% from a year earlier, according to results released Nov. 9. “Revenue was broadly stable year over year despite a 27% decline in Bitcoin prices,” said Frank Holmes, HIVE’s co-founder and executive chairman. Related: HIVE CEO says Elon Musk is right about neoclouds but wrong about HIVE BUZZ HPC grows its AI cloud revenue by 70% The quarter’s fastest growth came from BUZZ HPC. The HIVE subsidiary rents out Nvidia graphics processing units (GPUs), the chips used to train and run AI models. BUZZ HPC’s revenue reached $8.8 million, up 70.7% from a year earlier and 25.3% from the previous quarter. That is still roughly a tenth of HIVE’s total. Contracts already signed suggest the share is set to grow. HIVE puts the unit’s live annual recurring revenue (ARR) at about $40 million. ARR is a snapshot of what a business would earn over a full year at its current pace. Contracted ARR, which also counts capacity not yet switched on, stands at about $185 million, the company said. Two agreements drive most of that number. The first is a three-year sovereign AI contract worth about $225 million, supporting AI company Cohere. The second is a five-year deal worth about $350 million with an investment-grade enterprise customer. HIVE is aiming for about $200 million in GPU cloud ARR by the end of calendar 2026. Its longer-term goal is roughly $700 million in total high-performance computing ARR by the end of 2028. The company notes that both targets depend on financing, construction and customer commitments. The 2,304 Nvidia GB200 chips for the Cohere contract are paid for through the $129 million financing HIVE announced in October. “We anticipate these GPUs will ship before calendar year-end,” said HIVE President and CEO Aydin Kilic. More Bitcoin mined in an easier network Bitcoin mining still brings in most of HIVE’s revenue. Digital currency revenue came to $76.0 million, up 5.5% from the previous quarter but down 7.4% from a year earlier. HIVE received 1,070 Bitcoin in rewards during the quarter, up from 1,004 in the quarter before. Part of that came from an easier network. Bitcoin’s difficulty measures how hard it is to mine a new coin, and it adjusts as more or less computing power competes for rewards. It averaged about 128 trillion, down from 135 trillion the quarter before. More on Hive on TheStreet Roundtable: Hive lines up $129 million to buy Nvidia AI chips Frank Holmes: Bitcoin can hit $100,000 by year-end HIVE joins Google, Microsoft, and Amazon in new Canada data center pledge HIVE says it accounts for roughly 2% of all the computing power securing the Bitcoin network. It operates about 440 megawatts of power capacity, including a platform of about 300 megawatts in Paraguay. The company expects to reach about 540 megawatts once another 100 megawatts at its Yguazú site in Paraguay is switched on in the fourth quarter of calendar 2026. Operating profit climbs while write-downs weigh on the bottom line HIVE’s core operations became more profitable during the quarter. Gross operating margin, which is revenue minus direct operating costs, rose to $30.2 million. That is 35.6% of revenue, up from 30.6% the quarter before. Adjusted EBITDA came to $24.8 million, an 85% jump from the previous quarter. Adjusted EBITDA is a common measure of operating profit that strips out interest, taxes, depreciation and certain non-cash costs. On a standard accounting basis, HIVE posted a net loss of $78.7 million. Most of that loss came from charges that don’t involve cash leaving the business: Depreciation of $54.9 million A $31.2 million impairment, an accounting write-down of the value of equipment on the books. HIVE says it reflects tougher mining economics and lower market prices for ASICs, the specialized computers built only to mine Bitcoin $8.6 million in share-based compensation A $7.3 million loss on derivatives tied mainly to its convertible notes HIVE ended September with $139.0 million in cash and $22.6 million in digital currencies. During the quarter, the company raised about $43.2 million by selling roughly 13.7 million new shares through its at-the-market program. That program lets a company sell shares gradually at prevailing market prices. The shares sold for an average of $3.15 each. Chief Financial Officer Darcy Daubaras said the company’s financial priorities remain “disciplined capital allocation, liquidity management.” Sweden and Ontario widen the pipeline HIVE is also lining up more space for AI computing. It signed a letter of intent for long-term colocation at its 32-megawatt Big Boden facility in Sweden. The company says the deal could bring in about $45 million in annual revenue. The company has also set aside about 400 megawatts of utility power across Canada for AI-grade data centers, more than 320 megawatts of it in Ontario. Kilic said the Ontario Premier’s office has committed to approving new data centers “sooner rather than later.” Craig Tavares, president and chief operating officer of BUZZ HPC, argues that limits on U.S. permitting could make sites in Canada and Sweden more valuable. “Canada has an opportunity to skate to where the puck is going,” he said. The Big Boden deal still needs definitive agreements. Until those are signed, none of its potential revenue counts toward HIVE’s $185 million in contracted ARR. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: $13 trillion brokerage giant offers cheapest ways to trade crypto
Mysteriöser Händler kauft Millionen vor dem Inflationsbericht vom 10. November
Das Gebäude des Arbeitsministeriums in Washington, D.C., USA, am 31. März 2019. Quelle: Getty Images Das U.S. Bureau of Labor Statistics (BLS) veröffentlicht den Bericht zum Verbraucherpreisindex (VPI) für Oktober am 10. November um 8:30 Uhr ET. Der Inflationsindex, der den Anstieg oder Rückgang der Preise für Waren und Dienstleistungen abbildet, beeinflusst auch die Politik der Federal Reserve zur Anpassung der Zinssätze. Wenn die Inflation unter Kontrolle ist, könnte die Zentralbank die Zinssätze innerhalb der Spanne von 3,75 % bis 4 % halten. Ein Anstieg der Inflation könnte jedoch die Wahrscheinlichkeit einer weiteren Zinserhöhung erhöhen – abhängig von der allgemeinen Wirtschaftslage.
Digital Asset CEO says Treasury will issue bills on-chain within five years
Digital Asset CEO says Treasury will issue bills on-chain within five years (3:52) Yuval Rooz, co-founder and CEO of Digital Asset, which built the Canton Network, told TheStreet Roundtable at Token2049 that the Treasury will issue bills directly on blockchain rails, and that it could happen within two to five years. “A hundred percent,” Rooz said when asked whether the Treasury would issue on-chain instead of relying on secondary tokenized markets. Related: Gold moves up 24 places on Roundtable 100 despite analyst warning Why treasuries went on-chain first Rooz says Treasuries were the natural starting point because they drive the funding, financing and repo markets that keep the economy running. They are also a simpler asset to tokenize. “Stocks have corporate actions, they have proxy votes, they have issuers,” Rooz said. “(Treasuries are) a much simpler asset.” Treasuries already sit behind stablecoins and money market funds as the main reserve asset. Tokenized U.S. Treasuries surged 2.5 times in the last year. The repo math crypto misses Rooz says crypto natives often doubt Canton’s numbers. The network handles $300 billion to $400 billion in repo every day, more than all crypto trading volume combined, much of it coming through Broadridge’s Distributed Ledger Repo platform. “I explain, that’s nothing,” Rooz said, pointing to the U.S. Treasury repo, which he put at about $13.5 trillion a day. The Office of Financial Research sized the full U.S. repo market at about $12.6 trillion in average daily exposures in the third quarter of 2025. More news: Jack Dorsey-led Block’s DOJ settlement overshadows Q3 profit Popular tech stock rallies 15% after disclosing $1.5B Bitcoin sale Explained: What is Shared Liquidity? DTCC brings Treasuries to Canton The Depository Trust and Clearing Corporation (DTCC) plans to mint a subset of DTC-custodied Treasuries on Canton. The settlement giant is also working with other tokenization firms, as Ondo became the first tokenization company on DTCC’s Fund/SERV. Rooz expects native on-chain creation and redemption of money market funds and stablecoins, which today only happens during operating hours. Institutions remain cautious though. Rooz compared the hesitation to banks’ early resistance to online banking. “We also as an industry need to prove that we can operate what we would call systemically critical infrastructure,” Rooz said. “When that happens, you’re just going to see these assets issued natively into these networks.” Until then, tokenized Treasuries will keep running alongside the old system rather than replacing it.
Brave’s Leo assistant uses NEAR AI to prove its AI chats stay private, paving the way for busines...
Most of the AI tools businesses have adopted so far handle low-risk work, such as drafting emails, summarizing calls and cleaning up slide decks. The material companies would most like to hand over is the material they guard most closely. That includes financial research before it’s published, legal files covered by attorney-client privilege and internal data on pricing, products and deals. What holds that work back is usually not what the models can do. It’s what happens to the data once it leaves the building. Sending a confidential document to an AI model means trusting the cloud provider, the chip operator and the AI company not to see it. Most of the time, that trust rests on a privacy policy. Related: Bernie Sanders spots opportunity as 66% of Americans oppose AI data centers The pressure is showing up in corporate budgets. In Cisco’s 2026 Data and Privacy Benchmark Study, 90% of the more than 5,200 IT and security professionals surveyed said their privacy programs have expanded because of AI. Cisco puts it plainly: “AI ambition is outpacing readiness.” The cost of getting it wrong is rising too. IBM’s 2026 Cost of a Data Breach Report puts the average breach at $4.99 million, a record. Attacks that pull sensitive data back out of AI models cost even more, at $6 million on average. NEAR AI, the AI arm of the NEAR ecosystem, is building its business around replacing that policy with proof. On October 15, the company announced that Leo, the AI assistant built into the Brave browser, now runs on private inference from NEAR AI Cloud. Inference is the step where a model reads a prompt and produces an answer, and it’s where user data is most exposed. A locked room the operator can’t enter According to NEAR AI, Leo conversations on the GLM 5.3 Flash model run inside trusted execution environments, or TEEs. A TEE is a walled-off section of a processor where code and data are shielded from the rest of the machine. NEAR AI says its TEEs are built on Intel TDX and NVIDIA Confidential Compute. The company says the cloud host, the GPU operator and NEAR AI itself are “cryptographically locked out.” Leo encrypts each prompt in the browser with a protocol called Oblivious HTTP, using a key that exists only inside the enclave. Brave’s relay strips the user’s IP address before passing the request on. NEAR AI says memory stays encrypted while the model runs, and every response is signed inside the enclave. The bigger point is who does the checking. Before Leo receives the enclave’s key, Brave’s own open-source verifier checks the hardware against Intel’s signature and NVIDIA’s attestation service. Attestation is a cryptographic proof of what hardware and software are running. The verifier also rebuilds NEAR AI’s code from public source to confirm it matches what is deployed. As the post puts it: “No pass, no key.” NEAR AI’s Trust Center puts it in business terms. It says privacy is “enforced by hardware, not policy,” and verifiable through attestation “checked against Intel and NVIDIA, not NEAR AI.” Trending on TheStreet Roundtable: Veteran economist says investors are watching the wrong bubble Billionaire Ray Dalio sounds alarm on AI’s $4.4 trillion debt squeeze Two big U.S.-listed Bitcoin miners plan major exit for AI Brave’s reach as a distribution channel Distribution may matter as much as the technology. Privacy tools usually struggle because users have to go find them. Inside a browser, private inference becomes a setting. Brave currently serves over 130 million monthly active users. That figure shows the size of the potential audience. Private inference applies only to Brave Leo users who choose GLM 5.3 Flash in the model settings. The rollout came in stages. Brave began testing NEAR AI’s TEEs in November 2025 with DeepSeek V3.1 in Brave Nightly, its experimental build. The October release takes it to the full production browser. Brendan Eich, co-founder and CEO of Brave, called the integration “a first for AI chats in browsers.” Illia Polosukhin, co-founder of NEAR, framed it as a question of ownership. “Browsers are a primary computing interface that handles all of our personal information, so it’s critical that AI is introduced in a user-owned way,” Polosukhin said. NEAR AI says Brave joins Venice AI, Abound and the Government of Bermuda among organizations running production workloads on NEAR AI Cloud. That mix of consumer apps and a public-sector user hints at the same distribution model at work: privacy delivered through software people already use, rather than a standalone product. Guarantees that stop at the model For businesses weighing sensitive workloads, the fine print matters. The privacy guarantee in the Brave announcement covers one model in one deployment. NEAR AI describes GLM 5.3 Flash as an open-weights model under the MIT license, meaning its underlying parameters are public. NEAR AI’s Trust Center specifies that open-weight models hosted by NEAR AI run inside the TEEs. Third-party models are also offered, but NEAR AI says those are “proxied without revealing the customer’s identity and processed under the provider’s own data terms.” In other words, the hardware guarantee applies only where NEAR AI controls the hardware. That distinction will likely shape how companies buy. A guarantee tied to a named model, a named deployment and an attestation anyone can check gives them something to audit. NEAR AI also says a hardware-attested deployment log confirms that the model a user picks is the one answering. Publishing open-source verification and relying on chipmakers’ attestation services rather than its own word lets NEAR AI’s approach be tested from outside. For businesses that have kept their most sensitive files away from AI, that offers a way to bring them in without taking anyone’s word for it. Related: $13 trillion brokerage giant offers cheapest ways to trade crypto
$13 trillion brokerage giant offers cheapest ways to trade crypto
A sign is posted at a Charles Schwab bank office on July 21, 2026 in Los Angeles, California. Wall Street’s biggest brokerages have spent 2026 racing to let everyday investors buy crypto next to their stocks and retirement funds. Now the competition is moving to price. Charles Schwab, which oversees $13.33 trillion in client assets and 40.3 million brokerage accounts as of Sept. 30, 2026, said on Nov. 9 that clients with Schwab Crypto accounts can now buy and sell Solana, Avalanche, and Chainlink. Until now, the accounts only offered Bitcoin and Ethereum. Related: Two big U.S.-listed Bitcoin miners plan major exit for AI Solana and Avalanche are blockchain networks that developers use to build apps and payment tools. Chainlink is a network that feeds real-world data, like prices, into blockchains. The company said the new tokens fit its plan to add established cryptocurrencies that match what clients are asking for. A 75-basis-point price tag Schwab charges 0.75% on each crypto buy and sell, with a $0.01 minimum. That’s 75 basis points. A basis point is one-hundredth of a percentage point. A $100 trade costs 75 cents, and a $1,000 trade costs $7.50. The firm also says it charges no spread, which is the gap between the price to buy a coin and the price to sell it. Schwab says it adds no markup to crypto quotes either. Schwab calls its pricing “among the lowest in the industry,” citing an April 2026 Barclays report. Morgan Stanley charges less, at 50 basis points, or 50 cents per $100, on its ETrade platform, which added crypto trading in May. “We continue to expand Schwab Crypto to give clients greater choice and flexibility in how they invest in digital assets alongside their broader investments,” said Joe Vietri, Head of Digital Assets at Charles Schwab. Trending on TheStreet Roundtable: Traders open $9.1 million in Nvidia shorts as CEO admits to affair Veteran economist says investors are watching the wrong bubble Coinbase has news for gold holders Solana trades sit next to stocks on Schwab’s apps Schwab gave some clients early access to Schwab Crypto in May 2026 and opened it to all eligible retail clients in October. Clients trade on Schwab.com, Schwab Mobile and thinkorswim. Trading runs nearly around the clock, apart from a monthly maintenance window of up to two hours. Orders range from $1 to $2 million, and anything above $1 million must be a limit order, which only executes at a price the client sets. Charles Schwab Premier Bank holds the coins, with Paxos Trust Company providing sub-custody. Most of the crypto sits in cold storage, meaning offline wallets kept away from hackers. Five coins, with limits The accounts aren’t available in New York, Louisiana or U.S. territories. Clients also can’t name a beneficiary on a Schwab Crypto account. Schwab warns that its crypto isn’t FDIC-insured or SIPC-protected, and that investors could lose their entire principal. Related: Roundtable 100 holds Solana at No. 5 following Alpenglow upgrade
David Schwartz, CTO Emeritus at Ripple, speaks during the Annual Non-Fungible Token (NFT) Event in New York, U.S., on Thursday, Nov. 4, 2021. Getty Images David Schwartz, Ripple Labs CTO Emeritus and one of the founding architects of XRP Ledger, recently disclosed that he threw the letter 6174 from the U.S. Internal Revenue Service (IRS) “right in the trash” he had received only a few days ago. The Ripple veteran made the remark in response to the crypto tax expert Clinton Donnelly claiming that the IRS was “dramatically” increasing the number of letter 6174 notices being sent to crypto traders. The “large-scale mailing campaign” is designed to put pressure on crypto taxpayers to review their past filings and take corrective action but it’s not an audit, Donnelly assured. Schwartz said the letter is “just a reminder to follow the law,” so he threw it “right in the trash.” Understanding Ripple, XRP and XRPL (3:17) Understanding IRS letter 6174 Virtual currency is considered property for federal income tax purposes in the U.S. and all transactions involving them must be reported to the IRS. The IRS sends the letter 6174 as a reminder to American taxpayers holding virtual currencies, including cryptocurrencies like Bitcoin (BTC) and Ether (ETH), to report related transactions to the agency. The letter asks the recipients to file amended or delinquent returns if they didn’t accurately report their virtual currency transactions on a federal income tax return. In short, the letter 6174 is nothing but a “crypto is taxable, so you better report it” reminder from the IRS. Trending on TheStreet Roundtable: Traders open $9.1 million in Nvidia shorts as CEO admits to affair Veteran economist says investors are watching the wrong bubble U.S. Treasury, Fed scrap $250 transaction reporting proposal Schwartz says he paid $1.7 million in capital gains tax on XRP sales in 2025 When a social media user enquired Schwartz about his tax payments on XRP sales in 2025, the Ripple veteran said he sold approximately 2.5 million XRP tokens — received in 2020 and 2023 — last year and paid approximately $1.7 million in capital gains tax on those sales. He also revealed that he hadn’t bought XRP in a long time because of his discomfort with risk. He said he has sold nearly all of his digital asset holdings and only holds “quite a bit” of Ripple stock which “alone is more risk than I wish I had.” Schwartz also said he sells XRP using a written sales plan to avoid being accused of using inside information such as XRP Ledger bug reports to make trades. He was referring to the Rule 10b5-1 trading plan under U.S. securities law. In simple terms, it is a pre-arranged written plan that allows company insiders, such as CEOs, executives, and directors, to sell their company shares according to a predetermined schedule. The shareholder must establish the plan when they are not aware of material non-public information and specify the amount, price and timing of trades, or provide an objective formula for determining them. In short, the Rule 10b5-1 is designed to prevent insider trading. The Roundtable 100 If you follow our market coverage, don’t miss the Roundtable 100. Updated every Friday, it’s a power ranking of the 100 most investable tech stocks, including digital assets. Check out the latest RTB 100 rankings at roundtable100.com. Related: Roundtable 100 holds Solana at No. 5 following Alpenglow upgrade
XRP could be ready for a 13% bounce, but one level matters
Why tokenized deposits will not replace stablecoins, according to Solana's Jamal Raees (4:13) XRP has reached a make-or-break zone. Crypto analyst Ali Charts said on X that the token has touched the lower boundary of the descending channel that has defined its price action over the past month. “XRP looks ready to bounce,” the crypto analyst wrote. If $1.14 holds as support, XRP could rebound toward the channel’s upper boundary at $1.30. That would be a gain of about 13% from current levels. “XRP has reached the lower boundary of the descending channel that has defined its price action over the past month,” he shared. Related: Musk warned America will go 1,000% bankrupt. Now U.S. debt tops $40 trillion and counting Whales are buying the dip In a separate X post, Ali Charts pointed to large holders stepping in. While XRP dropped from $1.34 to $1.15, whales accumulated more than 16.46 million XRP over five days. The buying is modest, roughly $19 million at current prices. In September, TheStreet reported that whale wallets picked up about 1.54 billion XRP, worth close to $2.2 billion, in just 96 hours. Whale accumulation is also no guarantee of a rebound. It shows only that some large buyers are willing to take the other side of the selling. What Ali Charts has flagged before The analyst has been tracking this price structure for weeks. Last month he shared that XRP was trading inside a parallel channel on the hourly chart. That pattern pointed to a drop toward the lower boundary near $1.25. A few days later, he warned of further pressure. He identified $1.26 as the lower edge of a channel XRP had traced since August, citing Santiment data that showed whales stepping back. A break, he said, could send the price toward $1.11 first. The channel pattern ultimately pointed to $0.98, about 22% below $1.26. XRP has since traded below $1.26, and the focus has moved to the new, lower boundary. The levels now are simple. A hold at $1.14 keeps the $1.30 target in play. A break below it would bring back the $1.11 and $0.98 targets he flagged earlier. Related: Binance founder issues chilling warning after record crypto heist