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Global crypto news media est. 2018 ¦ breaking news, analysis, podcasts & more.

London
Joined July 2018
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kava:native fell over -42% in 24 hours after began investigating unexpected behavior from an ecosystem dApp and South Korean exchange Upbit issued a trading warning. Kava stated that recent on-chain activity involves the bridging and sale of kava:native tokens on BSC, clarifying that the event is isolated within Kava Lend rather than an infinite mint. Out of caution, Kava paused cross-chain asset withdrawals via the Axelar bridge while partner exchanges suspended deposits and withdrawals pending a full incident report.
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ripple:native ETF OUTFLOWS HIT 8-MONTH HIGH AS PRICE BREAKS $1 US spot ripple:native ETFs recorded $19.13M in weekly outflows, their largest in eight months, as ripple:native fell below $1.00. Selling hit hardest early in the week, with -$10.42M exiting on Nov. 9 and -$7.62M on Nov. 10.
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Cardano founder Charles Hoskinson stated during a recent YouTube AMA that he never promised cardano:native would rise or overtake $BTC, pushing back against investor criticism. Hoskinson said some investors were effectively asking him to drive the token's price higher, noting that Cardano has finished its original roadmap, all promised infrastructure is in place, and the network now governs itself independently.
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ELON MUSK JOINS OVER 50,000 BACKERS IN PETITION TO REINSTATE JENSEN HUANG Elon Musk stated on X on Friday, "A petition is underway to reinstate Jensen, and I'm signing it too," as a surge in signatures overwhelmed the petition website. $NVDA shareholders have also sent a letter to the board urging the return of the 1993 co-founder days after his resignation.
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House Oversight Committee Chairman James Comer is calling for new restrictions on government officials using prediction markets, including a potential trading ban. The push follows a Nov. 13 committee memo detailing an insider trading probe into Kalshi, Polymarket, Hyperliquid Labs, Crypto.com, and PredictIt that collected nearly 1,700 pages of records across five bipartisan briefings.
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DOJ SEEKS FORFEITURE OF $65K USDC FROZEN BY CIRCLE The U.S. Attorney's Office for the Northern District of Ohio moved to forfeit approximately $65K in $USDC recovered from a nearly $200K scam targeting an Eastlake resident's retirement savings. A fake financial adviser used remote laptop access to execute roughly 60 Coinbase transfers, blocking withdrawals with a fabricated $860K balance and IRS tax freeze. FBI Cleveland traced the $USDC on Ethereum, and Circle blocklisted the wallet under a May 20, 2026 warrant to return the funds to the victim.
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Nvidia's $NVDA board has approached Arm Holdings CEO Rene Haas as one of several candidates to replace Jensen Huang, though an offer or acceptance is not guaranteed, per @FinancialTimes. Haas spent seven years at Nvidia before joining Arm in 2013 and leading its 2023 Nasdaq listing, while Nvidia CFO Colette Kress serves as interim CEO. Huang resigned Thursday following extramarital affair revelations, including one involving a suspected Chinese spy, leaving Nvidia shares down over 3% and Arm down more than 5%, per Reuters.
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SpaceX eliminated about 60 jobs from its Grok Imagine AI video and image team over the past week, leaving only a few staffers in place. Despite scaling back consumer media generation, SpaceX's AI unit drove $7.6B of its $14.6B Q3 2026 revenue (+830% annually): - Cloud growth: Backed by $14.1B in compute rental contracts with rivals including Anthropic and Alphabet. - Grok lag: Elon Musk admitted Grok 4.8 is "not as good" as Claude Opus 5.5, while Grok trailed rivals in May web visits and July video rankings.
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INSIDE THE 8-YEAR TECH WAR BEHIND CHINA'S NVIDIA OBSESSION. From the 2018 Huawei restrictions to sweeping bipartisan bans on US semiconductor exports, Washington has spent nearly a decade trying to cut Beijing off from advanced military and AI compute. @AlanSpicerYT and @MohShahid_ trace how supply chain chokepoints turned Nvidia into the ultimate geopolitical battleground. WATCH HERE: youtube.com/watch?v=ewEUYZVu…
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OPENAI LAUNCHES CHATGPT WALLET FOR AI AGENT PURCHASES Built in partnership with American Express, Mastercard, and Visa, the system equips OpenAI's "dots" AI agents with one-time payment tokens so they can complete orders without ever accessing full card details. Users link a card once, review each order, and authorize payments via biometric checks such as Face ID while retaining all existing card rewards and dispute protections. The agentic payment feature is rolling out initially to ChatGPT Pro subscribers in the United States.
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UK, SINGAPORE, AND THAILAND COMPLETE TOKENIZED FX SETTLEMENT TRIAL Conducted under Project Meridian FX APAC using a Partior prototype, the tests linked traditional and distributed ledger systems for payment-versus-payment settlement and multilateral netting. With the Reserve Bank of Australia and Bangko Sentral ng Pilipinas observing, BOE executive director Tom Mutton said synchronized settlement reduces risk and improves efficiency. Ahead of the BOE's 2028 live interface launch, a policy report flagged unresolved questions over regulatory duties, governance, liability, and settlement finality.
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U.S. October headline PPI rose +6.5% year-over-year and +0.3% month-over-month, reaching its highest level in nearly four years. The print came in below the +6.6% annual and +0.4% monthly consensus estimates, though up from +6.3% previously.
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BYBIT WARNS ANDROID USERS OVER TELEGRAM MESSAGE EXPLOIT Security firm V12 posted footage showing a bot widget opening an Android phone's Calculator app unprompted, marking Telegram's second Android code-execution flaw in a month. Since widgets handle irreversible Gram transfers and share devices with trading apps, dev.ua warned that malicious code could hijack active sessions despite two-factor authentication. Telegram deployed an Android patch on Nov. 11 with no attacks detected, while Bybit urged users to update immediately.
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UBER USED CANTON NETWORK TO GET CASH WHEN MARKETS WERE CLOSED @CantonNetwork co-founder @wesarn_real says Uber kept its cash in a tokenized money market fund: "They sat in the money market fund, they borrowed against it for cash, they delivered the cash as they needed it off hours." Watch the full interview, hosted by @BMcGleenon.
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EXCLUSIVE: FORMER COINTELEGRAPH CEO SAYS AI AGENTS COULD BECOME PAYING NEWS READERS. Yana Prikhodchenko told BeInCrypto that AI agents could become a new customer for publishers, buying individual articles when they need information. Read the full story 👇 beincrypto.com/cointelegraph…
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