NEW ECONOMY

Key TakeawaysQubic reported 1,404 wallets drained of approximately 2.94 trillion QU between Oct. 17 and 18.Qubic attributed the theft to predictable wallet seeds generated by older Apple software.MEXC reportedly froze the stolen tokens it received, while Qubic’s quorum considers...

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TL;DR: TD Cowen reportedly raised its Strive share-price target from $44 to $56 after the Bitcoin treasury company expanded its holdings to 35,595 BTC. Strive is also seeking financing through a substantial preferred-share offering. Bitcoin treasury company Strive is attracting...

Wells Fargo, meanwhile, is already processing cross-border payments using tokenized deposits, with money reaching beneficiary accounts in two minutes or less."This is in production, by the way, and it's small volume so far," CFO Michael Santomassimo said.The bigger opportunity...

Key TakeawaysStrive’s consecutive $280M and $235M bitcoin purchases signal renewed corporate demand for BTC.Binance US’s reported $1B valuation is roughly 78% below its $4.5B valuation in 2022.Evernorth’s 473M XRP treasury could position it to lead a broader wave of...

Solana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software should be monitored, according to a report. Source link

Stablecoin issuer Circle is seeking to enter about 40 developing markets, according to the company’s CEO and ​chairman, Jeremy Allaire.“We’re kind of going through an inflection point...a transition right now, ‌and that transition is essentially moving from the early...

When technology changes how fast problems happen, the window for innovation opens and closes equally fast. Source link

Beyond the Trend Cycle: Turning Creativity Into Commercial Value Source link

Key Takeaways Allie and Hunter Taylor launched baby carrier brand Mabē in November 2023.The husband-wife founders funded their first product order with their own savings rather than raising outside capital.Mabē framed its product around helping parents feel confident, hands-free and...