There’s almost never a dull moment on the AI beat, and today was no exception: The Wall Street Journal this afternoon reported that a consortium of private investors led by the world’s wealthiest man, the multi-company owning Elon Musk, had presented a bid of $97.4 billion to OpenAI’s non-profit board of directors to acquire the for-profit subsidiary of the company led by former co-founder…
Nasdaq Files to List XRP ETF, Stating XRP Is Hard to Manipulate
February 11, 2025
Nasdaq is seeking SEC approval to list the Coinshares XRP ETF, arguing that XRP’s deep liquidity and decentralized structure reduce manipulation risks.
Nasdaq Seeks SEC Approval for Coinshares XRP ETF
The Nasdaq Stock Market LLC has submitted a proposal to the U.S.
Bitcoin adoption is exploding, with billions expected to use it by 2030, Coinbase’s CEO predicts, as surging demand and regulatory wins drive unstoppable mainstream momentum.
Coinbase CEO Predicts Billions Using Bitcoin by 2030
Brian Armstrong, CEO of Coinbase (Nasdaq…
Grayscale and NYSE Arca Seek Approval for Cardano-Based ETF
February 11, 2025
NYSE Arca has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Cardano Trust, paving the way for the first U.S. exchange-traded fund (ETF) tied to Cardano’s ADA cryptocurrency.
Proposed Grayscale Cardano ETF Moves Forward With NYSE Arca Filing
The 19b-4 form filing, submitted under NYSE Arca Rule 8.201-E for commodity-based trust…
Tesla increases Model X price, brings back incentive Elon Musk said was 'not coming back'
February 10, 2025
Tesla has increased Model X prices and brought back an incentive that CEO Elon Musk said was unsustainable and “not coming back to any vehicles.”
Today, Tesla updated its Model X configurator in the US to raise the prices of the electric SUV by $5,000.
The new prices…
Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The sports car maker warned that the new combustion engine models and battery development expenses would hurt profits this year, sending share prices plunging.
Porsche…
The Candela P-12 is the first hydrofoil electric ferry in the world to begin commercial operations. The 30-seat electric ferry uses a set of computer-controlled hydrofoil wings to fly above the surface of the water, resulting in a smoother and more efficient ride. But what happens when the seas get rough?
Most of the time, we see slickly edited marketing videos of hydrofoil electric boats…
Binance’s token listing process is “a bit broken,” former CEO Changpeng Zhao (CZ) warned, citing price surges on decentralized exchanges before centralized trading begins. “Just beware.”
CZ Breaks Silence on Binance Listings—Why Traders Should…
Korea Exchange Chief Pushes for Crypto ETFs to Boost Markets
February 10, 2025
South Korea must embrace cryptocurrency ETFs now to stay ahead, says the Korea Exchange chairman, calling them a game-changer for market growth and financial innovation.
Crypto ETFs Are the Future: Korea Exchange Chairman Pushes for Approval
Jung Eun-bo, chairman of the…
Spanish police arrested three British men in Costa del Sol for kidnapping a UK cryptocurrency broker and demanding €30,000 (approximately $31,000) for his release. The victim, a 34-year-old Hindi speaker, escaped by deceiving his captors into thinking he was calling a customer for a crypto wallet code, instead alerting a friend in London. His friend informed the victim’s mother, who contacted…
