NEW: Wyoming is moving its FRNT stable token from LayerZero to Chainlink CCIP after a security review found what the state called a “repeated pattern of major operational security failures” at LayerZero.
JUST IN: US moves to seize $61 million in crypto it says are proceeds from Iranian petroleum sales to Chinese buyers, alleging two Chinese firms laundered the funds through Binance accounts to Tehran and its proxies.
BREAKING: AI stocks sink and cybersecurity shares rally after Anthropic CEO Dario Amodei says the industry 'must slow the pace at which we improve the capabilities of AI models', Micron and Nvidia fall while Palo Alto Networks and CrowdStrike jump over 13%.
JUST IN: Traders now price a better than 92% chance the Federal Reserve hikes interest rates this week, with a more than 75% chance of another increase in December.
JUST IN: Apple rolls out iOS 27 with its long-delayed Siri AI overhaul, alongside iPadOS 27, watchOS 27 and visionOS 27, with Siri AI available in an English-only beta.
JUST IN: Crypto exchange CoinEx to shut down after 9 years, blaming a prolonged market slump, shrinking volume and liquidity, and rising regulatory and compliance costs. #ShuttingDown
NEW: Aliko Dangote, Africa's richest man, launches the continent's biggest ever share sale, offering a ~3% stake in his oil refinery to the public in a deal that could raise up to $2.1bn.
JUST IN: Oracle begins fresh layoffs, cutting an estimated 3,000 to 4,000 staff, with employees locked out of logins around 4am before a '6am job cuts' email from leadership.
BREAKING: US stocks slide as the 10-year Treasury yield hits 5% for the first time since 2023 and oil surges, with the Nasdaq down 1% as AI names lead the sell-off.
JUST IN: Trump accepts ethics restrictions he long resisted, clearing the final obstacle to the CLARITY Act, the most significant US crypto legislation ever, now heading to a decisive Senate vote on Tuesday.
NEW: China rejects calls to slow AI development, blasting Anthropic's warnings as 'fearmongering' after the bosses of OpenAI, Anthropic and others urged the industry to put safety ahead of profits.
The White House agreement on major #Crypto ethics to save the CLARITY Act.
BREAKING: 🇺🇸 White House agrees to major crypto ethics rules in a last-minute push to save the CLARITY Act. Senate Republicans just released a revised 635-page CLARITY Act ahead of Tuesday’s critical vote. Major changes: 1. The new text includes Trump-backed ethics rules that would bar the president and other federal officials from issuing or sponsoring digital assets. 2. Stablecoin rules now include a "circuit breaker" allowing federal intervention if community banks face widespread deposit flight into stablecoins. 3. BRCA protections were narrowed, removing language that explicitly extended protections to certain criminal cases. 4. New restrictions target conflicts of interest and affiliate trading involving digital commodity exchanges, brokers and dealers. Senate Republicans says this is their “last, best and final” CLARITY Act offer ahead of Tuesday’s critical cloture vote.
BREAKING: Chinese billionaire Xu Bo is revealed to have fathered 100–300 children through American surrogates, granting them U.S. citizenship at birth.
JUST IN: Shein shares fall as much as 10% in Hong Kong after Australia and New Zealand issue an urgent recall of a contact-lens cleaner over bacterial contamination fears.
JUST IN: SoftBank secures an upsized $11.87 billion two-year loan from around 20 banks to fund its investment in OpenAI, exceeding its earlier $10 billion target. #AI
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