NEW ECONOMY

Key TakeawaysThe Nasdaq fell 5.52%, closing at 24,315 on Nov. 5.Saylor said bitcoin fell about 5% as the S&P 500 dropped 4.4%.STRC closed at $99.56, following its return to $100 a day earlier. Saylor Compares Equity Losses With STRC’s...

House Financial Services Committee Chair French Hill, a key Republican ally of the cryptocurrency industry, has won reelection in Arkansas but is expected to lose his committee chairmanship after Democrats won control of the House of Representatives in Tuesday’s...

My last few articles are about how fear is driving so many aspects of business and the world we live in. This is an argument over how AI doomerism is impacting our world, our business, our governments...

Key Takeaways At 18 years old, Wang worked at Apple as an engineering product manager.He left the role to attend Harvard, then dropped out of college to build Dub.Dub boasts $2B in trades and just launched its AI...

Reason to trust ...

South Korea’s government has backed postponing tax on cryptocurrency gains by another two years to 2029, in what would be the fourth delay to its implementation.Finance Minister Lee Hyoung-il announced the proposal Thursday, saying the government would consult lawmakers...

Crypto firms must collect customer and transaction data from 2027, with Hong Kong sharing the information with overseas tax authorities from 2028. Source link

India’s national cybersecurity agency warned that an AI-assisted threat actor has escalated its attacks on cryptocurrency exchanges and other financial businesses, stealing wallet keys and siphoning funds.The Indian Computer Emergency Response Team (CERT-In) on Wednesday designated the threat actor...