An Anthropic IPO when the AI trade is this turbulent? Godspeed!
Wall Street takes a harder look at AI costs after historic midterm results. Plus, the upside to Apple’s lack of artificialintelligence spending.…
Thailand to block Bitget in December over unlicensed crypto trading
Thailand’s SEC filed a criminal complaint against Bitget’s operator, with access to its website and app set to be blocked from Dec. 5. Source:Cointelegraph
Bitcoin win rate vs. S&P 500 recovers as post-midterm history favors stocks
Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, while historical midterm data highlights gains for stocks. Source:Cointelegraph
South Korea seeks 4th crypto tax delay, targets 2029 start
South Korea is seeking a fourth delay to its 22% crypto tax, months after reaffirming plans to begin taxing digital asset gains in January 2027.…
France budget rejection sidelines stablecoin tax, wallet reporting
Three adopted amendments, including stablecoin taxation and selfcustody reporting, fall away but could be reintroduced in the Senate. Source:Cointelegraph
Bitcoin, Ether ETFs draw $128M as crypto rebounds after midterms
Fidelity led Bitcoin ETF inflows, while BlackRock’s IBIT shed another $201 million, extending its outflow streak to four trading sessions. Source:Cointelegraph
Crédit Mutuel Arkéa resumes operations after attack, assesses losses
The bank said customer funds were unaffected after attackers accessed its systems through a service provider’s platform. Source:Cointelegraph
Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto
Polygon block producers have already frozen the stolen tokens, but a proposed hard fork would allow the funds to be recovered and returned to their owners.…
‘Lawyer up’: Democrats target Trump, Big Tech after midterm sweep
Democrats wasted little time after their midterm victory, warning tech CEOs to prepare for subpoenas and signaling fresh investigations into Trump’s business…
India warns AI-powered hackers targeting crypto exchanges at ‘machine speed’
India’s cybersecurity agency says a threat actor is escalating an AIassisted hacking campaign targeting crypto exchanges and other financial firms.…
Mercado Bitcoin says phased reopening to begin Monday, will cover losses
Customers will initially be able to view their holdings, while withdrawals and trading remain suspended pending security checks. Source:Cointelegraph
BitMart founder says security team ‘severely understaffed’ after new hack
The crypto exchange’s founder warned of security staffing shortages amid restructuring as analysts flagged suspicious transfers potentially linked to the…