Top Stories
Today's most discussed stories, ranked by global activity.
Kalshi Ordered to Cease Most Operations in Washington State
A Washington state judge has issued a preliminary injunction against Kalshi, prohibiting the prediction market from allowing residents to place bets on most of its offerings. This ruling follows a trend of regulatory challenges against prediction markets, which have seen rapid growth but are now facing scrutiny over their legality.
Tether Completes First Full Financial Audit with KPMG, Receives Clean Opinion
Tether has successfully completed its first full financial audit by KPMG, revealing a reserve surplus of $6.8 billion. This marks a significant milestone for the stablecoin, which has faced scrutiny regarding its reserves. KPMG's unqualified opinion confirms the financial health of Tether International, S.A. de C.V. for the year ended December 31, 2025.
UK Economic Growth Slows Amid Rising Energy Prices from Iran War
The UK economy's growth has slowed to 0.4% in the second quarter, down from 0.6% in the first, as rising energy prices linked to the Iran war take their toll. Despite some resilience, experts warn of challenging months ahead, with potential impacts from ongoing geopolitical tensions.
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Harmony's ONE Token Plummets Following Unauthorized Minting Exploit
Harmony's native token, ONE, has seen a dramatic decline of up to 40% following an exploit that allowed an attacker to mint over 4 billion unauthorized tokens. The company is working with exchanges to freeze affected funds and is considering a rollback to reverse the impact of the attack. This incident has raised concerns about the security of the Harmony Protocol.
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- Technology8 hours ago
Apple's Siri Content Negotiations Progress
Apple continues its negotiations with publishers to secure content for its AI-powered voice assistant, Siri, aiming to enhance its capabilities with more current news and information.
Neutral2 sources5 articles - Crypto8 hours ago
Bitwise Expands Tokenization Efforts for Solana Staking ETF
Bitwise Asset Management is further exploring the tokenization of its Solana Staking ETF (BSOL) in partnership with Superstate, indicating potential for additional ETFs to adopt a similar blockchain-based structure.
Neutral4 sources4 articles - Sponsored
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- Technology8 hours ago
Nvidia Reduces OpenAI Data Center Guarantee Plans
Nvidia has officially announced a downsizing of its previously planned $250 billion guarantee for the OpenAI data center, indicating a strategic shift in its approach to investments in the AI sector.
Negative4 sources5 articles - Deals & IPOs8 hours ago
Joshua Kushner's Firm Expands Beyond Tech with Lakers Acquisition
Joshua Kushner's venture-capital firm, Thrive Capital, is diversifying its portfolio by participating in the $12.5 billion acquisition of the Los Angeles Lakers, marking a significant shift from its traditional focus on technology investments.
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- Companies8 hours ago
Investors Increase Allegations Against Selena Gomez's Mental Health Startup
The lawsuit against Selena Gomez has escalated, with investors claiming they invested nearly $1.2 million but accuse her of failing to adequately build and market her mental health platform, Wondermind.
Negative5 sources4 articles - Deals & IPOs8 hours ago
Diana Shipping Withdraws Bid Amid Genco's High Demands
Diana Shipping has officially withdrawn its acquisition bid for Genco Shipping & Trading, citing the Genco Board's demand for a share price of $36.91, a 57% premium, as a key factor in their decision.
Negative4 sources3 articles - Sponsored
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Companies
Corporate news, leadership, and business performance
Goldman Sachs to Acquire NEOS Investments for $2.25 Billion, Expanding Bitcoin ETF Offerings
Goldman Sachs has announced its acquisition of NEOS Investments for up to $2.25 billion, significantly enhancing its portfolio with Bitcoin and Ethereum income ETFs. This strategic move positions Goldman Sachs to compete more effectively in the growing cryptocurrency investment market, adding substantial assets to its management business.
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Gemini Reports $108M Loss Amid Declining Trading Volumes
Gemini has reported a significant $108 million loss in Q2, despite a 37% increase in revenue driven by credit card and staking services. The exchange's trading volume fell by 66%, leading to a 38% drop in exchange revenue. Co-founder Cameron Winklevoss acknowledged the challenges ahead, stating that the company still has work to do as it expands into prediction markets.
Crypto
Digital assets, blockchain, and cryptocurrency markets
Tether Completes First Full Financial Audit with KPMG, Receives Clean Opinion
Tether has successfully completed its first full financial audit by KPMG, revealing a reserve surplus of $6.8 billion. This marks a significant milestone for the stablecoin, which has faced scrutiny regarding its reserves. KPMG's unqualified opinion confirms the financial health of Tether International, S.A. de C.V. for the year ended December 31, 2025.
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Israel’s Largest Bank Partners with Galaxy to Launch Crypto Trading
Bank Leumi, Israel's largest bank, is set to offer trading in Bitcoin, Ether, and Solana through its investment app starting in early 2027. This partnership with Galaxy Digital comes after a previous attempt in 2022 was halted due to regulatory issues. The new initiative reflects a more favorable regulatory environment and aims to enhance customer access to digital assets.
Regulation
Financial rules, enforcement, and market oversight
Kalshi Ordered to Cease Most Operations in Washington State
A Washington state judge has issued a preliminary injunction against Kalshi, prohibiting the prediction market from allowing residents to place bets on most of its offerings. This ruling follows a trend of regulatory challenges against prediction markets, which have seen rapid growth but are now facing scrutiny over their legality.
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SEC Delays Key Crypto Regulation Meeting, Prolonging Uncertainty
The SEC has postponed its meeting on proposed crypto regulations, which was expected to provide clarity on crypto offerings and startup exemptions. This delay follows the Senate's inaction on the Clarity Act, leaving the crypto market in a state of uncertainty and complicating legislative efforts.
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AI+ • Beyond Boundaries: AWE2027 officieel van start
The 2027 Appliance & Electronics World Expo (AWE2027) officially commenced on August 12, 2026, in Shanghai. The event, themed 'AI+ • Beyond Boundaries,' is scheduled to take place from March 17 to March 20, 2027, at the Shanghai New International Expo Centre.
Fermi receives subpoena from US District Court for Project Matador documents
Fermi has received a subpoena from the US District Court for documents related to Project Matador. This legal and governance challenge may undermine investor confidence and threaten the project's future viability.
Somali Piracy Surges Amid Hormuz Blockade
The closure of the Strait of Hormuz has led to an increase in commercial shipping traffic around Africa, prompting Somali pirates to hijack several oil tankers, including MT Honour 25, MT Eureka, and MT Asana, between April and July 2026. This resurgence marks the largest attacks by Somali pirates in years, taking advantage of the ongoing Iran war.
77 DAYS TO GO: 7 WONDERS OF FUTURE CITIES COUNTS DOWN TO START OF VOTING
7 Wonders of Future Cities has announced that there are 77 days remaining until global voting begins on October 31, 2026, coinciding with World Cities Day. Voting will take place on www.7wondersfc.com, allowing the public to select their favorite participating cities.
The Other Kushner Steps Into the Spotlight With $12.5 Billion Lakers Deal
Joshua Kushner's venture-capital firm, Thrive Capital, is making a significant move beyond technology investments by engaging in a $12.5 billion deal involving the Los Angeles Lakers.
Donald Trump expected to meet with crypto executives at White House next week
Donald Trump is expected to meet with crypto executives at the White House next week. This meeting could influence regulatory frameworks, potentially boosting innovation and growth in the digital asset and prediction market sectors.
Anthropic reports 14-fold revenue increase in Q2, signals first profitable quarter ahead of potential IPO
Anthropic reported a 14-fold increase in revenue for Q2 and indicated it may achieve its first profitable quarter, positioning itself for a potential IPO. This growth underscores the transformative potential of AI and its impact on market dynamics.
Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports
Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports
The Lumber Manufactory locates new sawmill in New Albany
The Lumber Manufactory has established a new sawmill operation in New Albany, creating over 50 jobs. This project represents a corporate investment of $15 million.
The Lumber Manufactory locates new sawmill in New Albany
The Lumber Manufactory has established a new sawmill operation in New Albany, creating over 50 jobs. This project represents a corporate investment of $15 million.
Disc Medicine COO Jonathan Yu sells $66,444 in shares
Disc Medicine COO Jonathan Yu sells $66,444 in shares
Tectonic Therapeutic CSO McNamara sells $1,505 in shares
Tectonic Therapeutic CSO McNamara sells $1,505 in shares
Trump expected to attend White House meeting with crypto CEOs, sources say
President Donald Trump is expected to attend a meeting next week with CEOs from the cryptocurrency, prediction markets, and AI sectors, according to sources involved in the gathering.
Ethereum abandons its 8-year cryptography bet after proof systems flip the tradeoff
Ethereum has decided to move away from its eight-year reliance on specific cryptographic methods as advancements in faster binary-field proofs have made SHA and BLAKE viable for future Layer 1 solutions, without deeming Poseidon ineffective. This shift was reported by CryptoSlate.
US SEC extends hands-off policy on shareholder proposals, raising governance concerns
The SEC's extension of its hands-off policy on shareholder proposals may diminish shareholder influence, potentially resulting in greater corporate self-regulation and an increase in legal disputes.
Nvidia scales back financial guarantee to under $120B for OpenAI data center project
Nvidia has scaled back its financial guarantee for OpenAI's data center project to under $120 billion. This decision underscores the complexities and risks associated with large-scale AI infrastructure investments.
Commerce.com at Oppenheimer conference: ai shift reshapes growth plan
Commerce.com at Oppenheimer conference: ai shift reshapes growth plan
Darling Ingredients EVP McNutt sells $536,720 of common stock
Darling Ingredients EVP McNutt sells $536,720 of common stock
Bitwise Chainlink ETF pulls in $1.5M in weekly inflows despite brutal returns since launch
The Bitwise Chainlink ETF has attracted $1.5 million in weekly inflows, indicating investor confidence in regulated cryptocurrency exposure, despite experiencing poor returns since its launch. This information was reported by Crypto Briefing.
Snowflake director Dageville sells $16.79m in stock
Snowflake director Dageville sells $16.79m in stock
Rhythm Pharmaceuticals EVP Mazabraud sells $6.6m in stock
Rhythm Pharmaceuticals EVP Mazabraud sells $6.6m in stock
Rhythm Pharmaceuticals EVP, Jennifer Lee, sells $8.9m in stock
Rhythm Pharmaceuticals EVP, Jennifer Lee, sells $8.9m in stock
Enphase Energy director Richard Mora sells $60,547 in stock
Enphase Energy director Richard Mora sells $60,547 in stock
Nvidia Downsizes Plans for $250 Billion Guarantee of OpenAI Data Center
Nvidia Downsizes Plans for $250 Billion Guarantee of OpenAI Data Center
Nvidia Downsizes Plans for $250 Billion Guarantee of OpenAI Data Center
Nvidia Downsizes Plans for $250 Billion Guarantee of OpenAI Data Center
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