Top story
Iraq Says U.S. Understanding Could Clear Oil Tankers Through Hormuz
Foreign Minister Fuad Hussein described an informal arrangement for a route near Oman. Its terms remain undisclosed, and Washington has not publicly confirmed it.
Top stories
Investing
Ethereum Foundation-Linked Wallet Sells 1,000 ETH for About $2.13 Million
The transaction was valued at about $2.13 million, while Ether's reported price was $2,131.15. A separate 2,785 ETH sale was noted on Oct. 26.
Investing
Zcash Rises 2.46% in One Hour to $1,037 on Binance Spot
ZEC was still down 10.15% over 24 hours; same-hour liquidations across Binance, Bybit and OKX were $90,000 in shorts and $50,000 in longs.
Business
Lantronix Projects Fiscal Q2 Revenue of $32.5 Million to $34.5 Million
First-quarter sales reached $32.4 million, up more than 8% year over year, while Embedded IoT Solutions revenue rose 37%.
Business
Alaska Plans to Tokenize Data Center and Energy Investment Contracts
Alaska also established Alaska Data Corporation and InvestNorth to attract private developers and retail capital.
Technology
Chainalysis Restores Data Solutions After All-User Data Exposure
Customers must submit trusted IP addresses, reset passwords and rotate API keys where applicable before registering transactions.
Business
Altimeter Weighs $3 Billion Private-Markets Fundraising Plan
The potential raise would include a venture fund for late-stage companies; a March filing listed 33 private funds, including 31 venture funds.
Technology
Initia Pauses Rollups After Unauthorized Transfers From Asset Account
About 605,000 USDC and other tokens worth roughly $10,000 left an account holding assets for multiple rollups. Initia said it has found no evidence of user funds being affected so far.
Business
Anthropic Tells Bankers IPO Filing Materials Contained Errors
The company said it would provide updated data to the banks.
Markets
InvestingIraq Says U.S. Understanding Could Clear Oil Tankers Through Hormuz
Foreign Minister Fuad Hussein described an informal arrangement for a route near Oman. Its terms remain undisclosed, and Washington has not publicly confirmed it.
Regulation
RegulationClaude Max Usage Marketing Suit Advances on Deceptive Ad Claims
Two subscribers allege the $100 and $200 plans fell short of their advertised usage multiples of Claude Pro.
RegulationIRS Crypto Tax Letters Prompt Reports From Dozens, but No Public Count
RegulationCanada Proposes Federally Regulated Financial Institutions Issue Stablecoins Through Non-Financial Institution Subsidiaries
Australia Moves to Require Incident Reports From Frontier AI Firms
Three Proposals Target China Chip Sales, Lithography Equipment and Tracking
Bitcoin
BusinessTrump Media Posts $409.7 Million Q3 Profit, Holds About 15,649 Bitcoin
Most earnings came from realized and unrealized gains tied to digital assets and related securities, largely noncash.
Ethereum
InvestingEthereum Foundation-Linked Wallet Sells 1,000 ETH for About $2.13 Million
The transaction was valued at about $2.13 million, while Ether's reported price was $2,131.15. A separate 2,785 ETH sale was noted on Oct. 26.
Stablecoins
TechnologyInitia Pauses Rollups After Unauthorized Transfers From Asset Account
About 605,000 USDC and other tokens worth roughly $10,000 left an account holding assets for multiple rollups. Initia said it has found no evidence of user funds being affected so far.
Korea
InvestingSouth Korean Stocks Rebound Intraday as Samsung, SK Hynix Rise
The won weakened as government bond yields rose, with the three-year yield reaching 3.653%.
AI & Tech
TechnologyChainalysis Restores Data Solutions After All-User Data Exposure
Customers must submit trusted IP addresses, reset passwords and rotate API keys where applicable before registering transactions.
TechnologyInitia Pauses Rollups After Unauthorized Transfers From Asset Account
TechnologyMorgan Stanley Sees 5 GW of U.S. Data Center IT Capacity Delayed to 2029
AI chip export curbs risk weakening US competitiveness, Pilkington argues
China AI Campus Delivers 120 MW in Under a Year, Targets 800 MW
RWA
BusinessAlaska Plans to Tokenize Data Center and Energy Investment Contracts
Alaska also established Alaska Data Corporation and InvestNorth to attract private developers and retail capital.
