Category: Business

TLDR David Schwartz stated that his exposure to cryptocurrencies is now mostly limited to XRP and Ripple. Schwartz noted that non-disclosure agreements do not compel him to misrepresent information to XRP holders. He explained that holding Ripple stock provides crypto

(SeaPRwire) –   TLDR Aave filed an emergency motion to unfreeze $73M in recovered Ether. The frozen funds total 30,766 ETH from the KelpDAO exploit. The April 18 exploit involved about $230M borrowed using unbacked collateral. Plaintiffs with North Korea-related

TLDR STKE rises 12.6% following the announcement of an $18 million acquisition deal with HoudiniSwap Sol Strategies expands its infrastructure by incorporating cross-chain swap routing capabilities HoudiniSwap has a history of generating $13 million in revenue and facilitating $2.5 billion

TLDR KWM drops 27% as K Wave Media redirects Bitcoin funds toward AI infrastructure K Wave Media shifts $485M from Bitcoin treasury plans to AI infrastructure plans AI infrastructure pivot pressures KWM after early spike above $0.50 fades hard K

TLDR Intel stock has surged over 166% in 2026, hitting a record close of $99.62 on May 2. The stock rose 114% in April alone, outpacing the S&P 500’s 10.4% monthly gain. Key catalysts: partnership deals with Tesla and Google,

TLDR GameStop CEO Ryan Cohen has submitted an unsolicited $56 billion bid to purchase eBay, priced at $125 per share. Following the announcement, GME shares fell approximately 8.5% on Monday, while eBay (EBAY) stock climbed about 6%. The acquisition proposal

TLDR DTCC targets a July 2026 kickoff for tokenized asset trading trials More than 50 firms partner with DTCC to develop the tokenized asset framework rollout SEC approval permits tokenized asset services to operate within a 3-year regulatory window The

(SeaPRwire) –   A novel platform has emerged, allowing foreign exchange (FX) and cryptocurrency traders to engage in performance-driven competitions, complete with tangible rewards and clear ranking methodologies. Trade Stadium, an innovative competitive trading platform, has officially announced its worldwide

TLDR (SeaPRwire) –   Bitmine’s BMNR stock increases by 4.16% as its ETH holdings grow to 5.18 million tokens BMNR bounces back above $22 following Bitmine’s report of $13.1 billion in crypto and cash holdings Bitmine has staked 4.36 million

TLDR Amgen has unveiled an additional $300 million investment to expand its biologics production facility in Juncos, Puerto Rico. The site supplies medications to over 60 countries and will receive expanded production capacity. This move is on top of more

TLDR David Schwartz refuted allegations that he has signed agreements compelling him to deceive XRP investors. He asserted that he would never consent to lying under the terms of a non-disclosure agreement. He noted that he opts for silence when

TLDR SK Hynix stock surged 12% on Monday, driven by foreign buying following strong U.S. tech earnings Major U.S. tech firms reaffirmed their substantial AI data center investment plans last week Samsung lagged behind, pressured by an 18-day worker strike

TLDR (SeaPRwire) –   Payward now owns a CFTC-licensed U.S. crypto derivatives stack. Bitnomial brings FCM, DCM and DCO licenses to Payward. Kraken plans CFTC-regulated spot margin for eligible U.S. clients. Perpetuals and options are expected to follow after spot

TLDR US XRP spot ETFs recorded $81.59 million in net inflows in April, the highest monthly total of 2026. The April inflow raised cumulative net inflows to $1.29 billion and total net assets to $1.04 billion. Bitwise’s XRP ETF led

TLDR Bitcoin surged 5% past $80,000, reaching its highest level since January 31 Coinbase, Strategy, Robinhood, and other crypto stocks rose in premarket trading U.S. spot Bitcoin ETFs have attracted approximately $2.7 billion over the past three weeks Polymarket traders

TLDR Wall Street analysts now forecast global hyperscale AI capex could exceed $1 trillion in 2027 Combined spending for 2026 is estimated between $800–$900 billion, up 67% year-over-year Microsoft, Amazon, Alphabet, and Meta all raised their 2026 capex guidance after