#cryptocurrency

#cryptocurrency

Today's case examines how one cryptocurrency exchange navigated two major resets in a single year. The first was moving to a fully remote workforce, and the second was adopting a policy that explicitly banned political and social activism at work, sparking an intense debate about leadership, culture, and the boundaries of corporate engagement in social issues. Oh, and if that weren't enough, these decisions came at a pivotal moment just as the company was preparing for its historic IPO.

Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

There's a new type of money spreading rapidly across the internet, propelled by the crypto boom. It's supposed to be worth a dollar, but it's not issued by any government. Called a stablecoin, it is a digital currency that is subject to very little legal oversight and its growing popularity has recently transformed it into a $300 billion market. You can use stablecoins to buy things online, make investments or send money abroad with minimal fees.

What changed? Republicans long characterized Silicon Valley as a bastion of liberalism. But over the past half-decade, many of tech's wealthiest titans rebelled against the Biden administration's criticism and policing of their industry. Last year, many tech barons threw their support behind the GOP, which they saw as more aligned with their often-libertarian ideals and their companies' economic interests.

Crucially, crypto has provided one area of particular concern, with the continued flush lower bringing financial stress for many that will also have positions across a raft of traditional assets. The main piece of news for markets has come from overnight comments out of the BoJ, with Governor Ueda noting that the group will weigh up the pros and cons of a rate hike in December.

"I underestimated how much exposure Fannie and Freddie ('F2') have to crypto, not on balance sheet, but in their shareholder bases," Ackman said on X.

The shift was subtle, then sudden. For weeks, the riskiest trades in finance - crypto, AI stocks, meme names, high-octane momentum bets - had been slipping. On Thursday, that slow-motion retreat snapped. The Nasdaq 100 sank nearly 5% from its intraday peak, its sharpest reversal since April. Nvidia Corp. at one point shed nearly $400 billion despite beating earnings expectations. Bitcoin hit a seven-month low. Momentum names dropped in near-perfect sync.

What's interesting is that today, crypto has become an integral part of many industries - including sports. While at first glance, it may not seem like crypto and sports have much in common, in reality, they do: both are community-driven. The philosophy of cryptocurrencies is built on democratisation and decentralisation, much like the global fan bases of football. This intersection demonstrates that crypto naturally fits into the football landscape, offering new opportunities for fans and clubs to engage.

Bitcoin has also surprisingly underperformed the stock market, as it is only up by 6% year-to-date, but its 515% gain over the past five years bodes well for Coinbase's long-term prospects. Even with Bitcoin growth lagging the market and Coinbase doing the same, the company posted exceptional financial results in the third quarter. Revenue increased by 59% year-over-year while net income surged by 473% year-over-year. Coinbase wrapped up the quarter with a 24.12% net profit margin and only trades at a 24.5 P/E ratio.

The world of cryptocurrency trading continues to grow rapidly, attracting beginners and experienced investors who are eager to explore its potential. However, the crypto market can be unpredictable, with prices changing quickly and trends shifting overnight. That's why creating a balanced and well-thought-out portfolio is essential. CW-Management experts explain how traders can use diversification and CFD trading to manage risk and build a more stable crypto strategy without relying on luck or guesswork.

Liquid - $7.6M Seed Liquid, a perp DEX aggregator that routes and executes futures trades across multiple exchanges, has raised $7.6M in Seed funding led by Paradigm. Founded by Franklyn Wang in 2025, Liquid has now raised a total of $7.6M in reported equity funding. AlleyWatch is NYC's leading source of tech and startup news, reaching the city's most active founders, investors, and tech leaders.

Michael Prime sought to recover his belongings from police custody following his release from prison, including a bright orange external hard drive that he claimed held 3,443 Bitcoins. The Secret Service sent letters to Prime after his release, saying he could have some of his devices back, which would be wiped if he provided them with relevant passwords within 30 days. If not, they'd be wiped and destroyed in the stated timeframe.

Yes, the president lied and blustered and then lied again. But the abiding impression conveyed by the session was the fact that it was a perfect view of the way CBS News is circling the drain. Remember when the network caved to the president to the tune of $16 million rather than fight a preposterous case regarding CBS having edited an interview with Kamala Harris?

"AI has been a great force multiplier for somebody who's an expert," said Yakovenko, describing his experience with agentic coding after more than 15 years developing software. "Now I can just watch Claude churning through its thing and I can almost smell when it's going off the rails."

Shayne Coplan, 27, is always in a hurry. Last year, he arrived at a Manhattan dinner hosted by a venture capital firm for networking, dressed in jeans and a leather jacket. He had been invited as one of the most promising entrepreneurs of the moment, but after a brief chat, he got up while the main course was being served and left for a concert in Brooklyn. At this pace, Coplan has become the world's youngest self-made billionaire.

It is a grey morning in Shadwell, east London. But inside the old shell of Tobacco Dock, the gloom gives way to pulsating neon lights, flashy cars and cryptocurrency chatter. Evangelists for Web3, a vision for the next era of the internet, have descended on the old trading dock to network for two days. For many, the main event is one man: Nigel Farage.

If a person dies, their immediate family may not know how to get into the deceased's password manager, and may contact the vendor asking for access. Scammers suspected of being part of the CryptoChameleon cyber criminal group are trying to take advantage of that by sending oddly-worded phishing messages to LastPass customers. The goal, presumably, is not only to get LastPass login credentials, but also to access the user's cryptocurrency wallet and drain its contents.

"It's no secret that President Trump, once a Bitcoin skeptic, has become a full-blown convert and that he and his family are using crypto to enrich themselves. What far fewer people understand is how Trump's crypto ventures are structured on a corporate level. On the latest episode of Crypto Playbook (available on Spotify, Apple, and YouTube), Fortune journalist Ben Weiss-who has covered the Trump crypto empire from the inside-broke down how it is in fact a stable of separate businesses."