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

London
Joined July 2018
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JUST IN: A hacker is reportedly asking 3 $BTC for TSMC employee data, around 46k records. TSMC says the data on some current and former staff showed up on outside sites. It says there's no sign its own systems were breached.
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JUST IN: Gemini has reportedly offloaded its UK and EU operations to stablecoin firm KAST for under $10M. Gemini quit both regions in February, saying overseas markets were "hard to win in."
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The AI bubble in crypto already popped, before Wall Street's AI bubble even started 👀 AI coins are "yesterday's news." These are the 2027 crypto trends worth watching instead 👇
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$NVDA is down 7.8% overnight as reports say its board may remove Jensen Huang. After HP forced out Mark Hurd, its stock was 29.5% lower a year later. Intel fell 11.7% after Brian Krzanich left. What history says could come next for Nvidia:
JUST IN: NVIDIA IS REPORTEDLY LOOKING FOR JENSEN HUANG'S REPLACEMENT. The $NVDA board is reportedly considering removing Huang over alleged extramarital affairs, including one involving a suspected Chinese spy.
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History isn't on Nvidia's side. 3 of 4 past CEO ousters over misconduct saw the stock lag the market a year later. The one exception, McDonald's, named a successor on day one. Nvidia has no clear successor to Jensen Huang. More details here 👇 beincrypto.com/nvidia-stock-…
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Bitcoin OG Adam Back says he's personally betting Bitcoin hits $1 million by late 2028 👀 “We’re in the early innings of a bull market cycle.”
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Crypto lost more to hackers in 2026 ($8.78B) than it made on-chain ($5.6B). The Binance hack alone ($6.36B) wiped out more than the whole year’s revenue!
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Anthony Scaramucci is staying long. He says Bitcoin could reach half of gold's market cap, a 10 to 15x from here, and "if you sell it here, you'll be upset."
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JUST IN: NVIDIA IS REPORTEDLY LOOKING FOR JENSEN HUANG'S REPLACEMENT. The $NVDA board is reportedly considering removing Huang over alleged extramarital affairs, including one involving a suspected Chinese spy.
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JUST IN: MSCI will remove Strategy, the world's largest corporate Bitcoin holder, from its major indexes after November 30. Index-tracking funds will have to sell MSTR shares, but Strategy isn't required to sell any Bitcoin.
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Polymarket has laid off employees and terminated several contractor agreements as part of a company-wide restructuring this month. The firm confirmed the cuts follow investor pressure on founder Shayne Coplan to tighten operations after losing its lead to rival Kalshi Inc. The restructuring coincides with a leadership overhaul, including hiring former Amazon executive Warren Jenson as CFO alongside additions from Goldman Sachs, DoorDash, and Robinhood.
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CORPORATE BITCOIN SELLING HITS RARE SIGNAL SEEN ONLY THREE TIMES Corporate balance sheets are offloading reserves at an aggressive pace, with 14 publicly traded companies selling or transferring 108,247 bitcoin:native ($8.08B) year-to-date. “Bitcoin treasury companies in capitulation. Yes this is a good thing historically,” said @caprioleio, founder of @Capriole_fund and BeInCrypto Expert Council member, pointing to the buy-sell ratio dropping below 90% for only the fourth time ever. Although prior signals in 2019, 2022, and 2024 eventually paved the way for massive 2.1x to 9.6x cycle rallies, historical data shows prices dropped between -11% and -46% before the true floor was confirmed.
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AI that runs entire companies. Chips that connect computers to your brain. Quantum machines that could break today's encryption. The next 10 years won't be an evolution. They'll be a revolution. 8 technologies that could reshape the world by 2036 👇 youtu.be/yK_NhGQV2pU
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US DOLLAR REACHES 19-MONTH HIGH AS INFLATION RESURFACES October CPI rising +0.4% pushed CME FedWatch odds for a Dec. 9 rate hike to 87%. The hawkish repricing sent the DXY to 102.9 and yields above 5%, while gold fell -1% to $3,992.43/oz. Fed Governor Christopher Waller warned that hiking only 25 bps risks central bank credibility.
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TECH SELLOFF SENDS BERKSHIRE TO 15-YEAR BENCHMARK HIGH Capital fleeing AI tech plays has triggered an aggressive rotation into defensive balance sheets: Berkshire Class B: +13.2% to all-time highs S&P 500: -3.7% (19.2-point spread) Operating profit: -5.8% to $12.7B With tech leaders shedding $1.4T, CEO Greg Abel deployed $9.6B into buybacks while anchoring the firm with $377.4B in cash.
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