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Nvidia-backed Firmus scraps $5B IPO after weak investor demand
Firmus, an Nvidia-backed Australian data center operator, scrapped its planned IPO of $5 billion (A$7 billion). It announced the decision on October 9, 2026, after investors expressed discontent with its valuation. Reuters stated that the firm will instead look to secure funds privately. The setback shows that investors are taking a closer look at AI...Cryptopolitan
Fri, Oct 9
US lawmakers challenge Google’s $10M bid for Spirit employee data
Google’s offer of $10 million for the internal data of the bankrupt Spirit Airlines has raised questions regarding who will have access to organizational records once the employer has been bankrupt. More than 120 members of the US legislature want to see more safeguards implemented before the bankruptcy hearing that is scheduled to be held...Cryptopolitan
Fri, Oct 9
Senate Democrat probes Cantor Fitzgerald over Tether ties and $250M Lutnick windfall
Senator Richard Blumenthal, the leading Democrat on the Permanent Subcommittee on Investigations, is pressing for information on the financial relationship between investment bank Cantor Fitzgerald and Tether, the world’s largest stablecoin provider. In a formal letter sent Thursday, he asked Cantor Chairman Brandon Lutnick to detail their oversight of Tether’s banking and sanctions compliance. He...Cryptopolitan
Fri, Oct 9
Tokenized Commodity Adoption Accelerates as Holders Climb Past 450K
According to the latest date from rwa.xyz, the number of wallets holding tokenized commodities has gone past 450K and now stands at 452,931. A year ago, this number was at around 126K. That is a 3.6x jump in holder count in twelve months and most of that growth took place in the last few weeks....Cryptopolitan
Fri, Oct 9
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC sheds 5%, ETH loses 50-day EMA, XRP risk breakdown
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Friday after losing over 5%, 9% and 8% so far this week. BTC trades below $82,000, ETH loses $2,500, while XRP retreats toward a key support zone.
ESMA gives EU crypto firms three months to exit non-compliant stablecoins
Crypto companies in Europe must remove existing exposure to non-MiCA-compliant stablecoins by January 8, 2027. The European Securities and Markets Authority (ESMA) gave national financial authorities 90 days to supervise the process in an opinion published on October 8. The restrictions might lead to trading moving away from the European markets, but it wouldn’t mean...Cryptopolitan
Fri, Oct 9
US suspends green-card filings for Microsoft, Adobe as AI talent race tightens
The US Department of Labor has suspended the processing of all new and pending green-card labor certification requests for Microsoft, Adobe, and six IT outsourcing companies as of Thursday. This represents yet another challenge for foreign technology professionals to secure their green cards as the competition for talent in the field of artificial intelligence intensifies....Cryptopolitan
Fri, Oct 9
Sui And Alibaba Cloud Want AI Agents Paying Their Own Cloud Bills In Stablecoins
Sui and Alibaba Cloud are working on an integration that would let AI agents pay for cloud services per request using stablecoins within budgets set by their owners. The collaboration was unveiled at Sui Basecamp and remains under development, with no public launch date yet.Bitcoinist
Fri, Oct 9
Post-Quantum Custody Platform Strongpoint Adds Quantus As Development Partner
Project Eleven and Quantus plan to integrate the Quantus Network with Strongpoint, Project Eleven's institutional custody platform for post-quantum blockchain assets. Quantus has joined as a development partner, with support targeted for the first quarter of 2027.NewsBTC
Fri, Oct 9
Hyperliquid Price Forecast: HYPE drops to $84 as Hyperliquid Labs begins $330 million OTC distribution
Hyperliquid Labs distributed 3.75 million HYPE tokens, worth about $330 million, through an over-the-counter (OTC) arrangement with an undisclosed institution, rather than selling the tokens on public exchanges.Fxstreet
Fri, Oct 9
Moscow Exchange Plans To Open Crypto Trading On December 1
Moscow Exchange plans to begin offering cryptocurrency trading from December 1 and says testing with professional market participants is already underway. Under Russia's new framework, unqualified investors are expected to face limits on which assets they can buy and how much they can invest.Bitcoinist
Fri, Oct 9
OSL Brings A USDGO Market-Neutral Fund On-Chain For Hong Kong Investors
OSL Group has tokenized the USDGO Plus SP fund on-chain and is providing custody and distribution through its licensed Hong Kong platform. The product is a market-neutral digital asset fund built around USDGO and is available only to eligible professional investors.NewsBTC
Fri, Oct 9
Trump's AI task force meets as global AI spending nears $2.7 trillion
On Thursday, the leaders of President Donald Trump’s Super Intelligence Task Force were set to meet, Vice Chair Scott Kupor stated. This meeting takes place as investments in AI rise, public anxiety grows, and allies of the US want access to advanced AI models. Who sits at the top of the task force? Jay Clayton,...Cryptopolitan
Thu, Oct 8
PowerCompute Mines 8.1 Bitcoin In September After Using BTC To Slash Debt
PowerCompute mined 8.1 BTC in September, up 37% from a year earlier. Its month-end Bitcoin holdings fell to 63.7 BTC after the company used 267.4 BTC to help retire a $22.45 million Bitcoin-backed credit facility, leaving most of its secured debt eliminated.NewsBTC
Thu, Oct 8
Soda Labs Raises $3 Million To Bring Private Computation To Public Blockchains
NextBlock has invested $3 million in Soda Labs, funding the company's entire seed round. Soda is building privacy infrastructure based on garbled circuits and multiparty computation so financial applications can process confidential data while remaining connected to public blockchains.Bitcoinist
Thu, Oct 8
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