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Ether outperforms crypto market today with a 8% rally as $255 million wipeout defies bears
Ethereum, the second-biggest crypto, jumped as much as 8.3%, its biggest move in three weeks. Traders who bet against it got burned. Over a 24-hour period, shorts on Ether totaled more than $255 million being wiped out. Shorts on Bitcoin, over the same period, saw losses totaling $172 million. Usually, Bitcoin sees the bigger leverage...Cryptopolitan
Sat, Sep 12
Rocket Lab bets $8 billion on Iridium to become a cash-flow space company
Rocket Lab (Nasdaq: RKLB) has completed the acquisition of Iridium Communications (Nasdaq: IRDM) at the price of $54 per share in a cash-and-stock deal valuing the satellite leader at $8 billion. The purchase transaction will add a powerful subscription-based network to Rocket Lab, a company known for its spacecraft manufacturing and launch services. From the...Cryptopolitan
Sat, Sep 12
DeFiLlama’s Movers tool shows August’s crypto winners fading as yields climb
DeFiLlama’s Movers dashboard is showing an increase in divergence in the crypto world. Some of the tokens which were responsible for the rise in August are well above their competitors in 30 days, but some of them are beginning to lose ground in the last seven days. This is important because this weakness is manifesting...Cryptopolitan
Fri, Sep 11
'Don't underestimate the President': Trump's Kevin Hassett backs $5,000 dividend checks idea
White House National Economic Council Director Kevin Hassett says President Donald Trump’s $5,000 payment plan can move forward without worsening federal finances. The proposal would cost above $1 trillion, with US debt near record levels. Kevin pushed back on the borrowing concern Thursday. “We can do it in a fiscally responsible way,” he said. “It...Cryptopolitan
Fri, Sep 11
Senate bill would make frontier-AI safety a legal duty, not a pledge
U.S. Senate negotiators are considering legislation that would legally require developers of the most advanced AI models to guard against catastrophic harms and could give the federal government power to block unsafe releases, according to Reuters. For top AI companies, this will transform safety standards from a mostly voluntary effort to a legal duty. A...Cryptopolitan
Fri, Sep 11
Apple has to pay Samsung for every iPhone Duo it sells under exclusive display deal
Apple (NASDAQ: AAPL) reportedly has to pay Samsung Electronics (KRX: 005930) $250 for every main folding panel fitted inside the iPhone Duo. Leaker Instant Digital said on Chinese social network Weibo that the supply contract lasts three years. It covers the current Duo and the models Apple releases during that period. Samsung was already in...Cryptopolitan
Fri, Sep 11
Bitcoin Suisse to cut up to half its Swiss staff in pivot to global wealth management
Bitcoin Suisse, in an effort to reshape itself into an internationally focused financial services group, plans to eliminate as many as 60 of its roughly 120 jobs in Switzerland. The Swiss financial workforce is taking a hit on multiple fronts, with Bitcoin Suisse cutting up to 60 of its roughly 120 Swiss jobs while UBS,...Cryptopolitan
Fri, Sep 11
Grayscale touts Zcash mining as 2-4X more profitable than struggling BTC mining
Block-reward miners are pivoting from Bitcoin to Zcash, where the top mining rig now earns around four times more per megawatt-hour than the best Bitcoin machine, after ZEC’s rally pushed the privacy coin into the top 10 by market value. For miners who have seen their returns in mining dwindle over the past years, especially...Cryptopolitan
Fri, Sep 11
Oracle shares rose 3% Friday after gaining nearly 7% after hours Thursday
Oracle (NYSE: ORCL) shares are rallying Friday after investors got new numbers on its cloud business, AI contracts and revenue backlog. The stock rose 3% in early trading after gaining nearly 7% after hours Thursday. Oracle beat Wall Street forecasts for its fiscal first quarter, while a $26 billion increase in backlog eased some concern...Cryptopolitan
Fri, Sep 11
Smarter Web to become UK's first BTC firm to issue preferred shares
The UK’s largest listed Bitcoin treasury holder, The Smarter Web Company (LON: SWC), announced plans this Friday to launch a new class of preferred shares, the first of its kind by a British corporate Bitcoin holder, on the main London Stock Exchange. The preferred share, “MORE,” will be listed with a nominal value of £0.001...Cryptopolitan
Fri, Sep 11
Issuers raise $107M through tokenized corporate bonds in India's SEBI Demat 2.0 pilot
Three companies sold ₹1,025 crore ($107.2 million) of corporate bonds as digital tokens in the first run of Demat 2.0, India’s regulator-led pilot. The pilot is the first real test of issuing and settling Indian corporate debt on a shared digital ledger within the country’s current market system. What milestone did India accomplish? The Securities...Cryptopolitan
Fri, Sep 11
Metaplanet announces Hong Kong subsidiary amid major executive, stock shakeup
Metaplanet (TYO: 3350) rolled out a series of big updates after its Friday, September 11 board meeting, announcing a new Hong Kong subsidiary, a new CFO, and a 41% trim of a contested stock-option pool. The options pool, by Gerovich’s admission, was poorly presented, which led to a 17% rout in the company’s stock last...Cryptopolitan
Fri, Sep 11
246,000 exposed as hackers breach Japan's Digital Agency servers
One of the world’s most targeted nations, Japan, suffered its latest breach on Friday, September 11, as attackers stole around 246,000 personal data record sets from the country’s Digital Agency. The hack exposed the names, email addresses and phone numbers of Japanese civil servants and contractors after an intruder got into a shared government network....Cryptopolitan
Fri, Sep 11
OpenAI's Altman says it could slow AI as bioweapon misuse reports mount
OpenAI staff were informed this week that the AI lab would be open to throttling the pace of its work in the most advanced areas of AI. Sam Altman extended the same proposition to AI rivals, including Anthropic, which also acknowledged the risks associated of AI development in a report that disclosed that scientists linked...Cryptopolitan
Fri, Sep 11
ChatGPT invented witness testimony in a New Mexico murder appeal
A New Mexico lawyer defending against a murder conviction case used ChatGPT. He then submitted a brief to the New Mexico Supreme Court that contained made-up police statements and witness accounts. The New Mexico Supreme Court found that attorney Stephen Aarons failed to verify the AI-generated material. The judges said the document “contained false testimony...Cryptopolitan
Fri, Sep 11
Moonshot AI targets $2B annualized revenue by year-end, up from $1B in August
Moonshot AI wants to push its annualized revenue to $2 billion by the end of 2026, putting the Chinese startup on course for a huge increase from roughly $100 million a year earlier. The Beijing-based company told investors that annual recurring revenue had already moved above $1 billion in August, compared with about $300 million...Cryptopolitan
Fri, Sep 11
U.S. inflation held at 3.4% in August, while monthly prices rose 0.4%
U.S. inflation refused to budge from 3.4% in August, leaving another Federal Reserve rate increase very much in play. Consumer prices climbed 0.4% from July, well above the prior month’s 0.1% increase, according to Bureau of Labor Statistics figures. CPI-U was already rising drastically during the early part of the year. In February, the increase...Cryptopolitan
Fri, Sep 11
Ethena Brings USDe and sUSDe to TRON, Expanding Digital Dollar Access Across Its Stablecoin Ecosystem
Geneva and Lisbon, Sept. 11, 2026 – TRON DAO (“TRON”) and Ethena Labs (“Ethena”) today announced that USDe and sUSDe are live on the TRON network, expanding access to Ethena’s digital dollar products across one of the world’s largest stablecoin settlement networks. Users can now bridge USDe and sUSDe to TRON through Stargate Finance and...Cryptopolitan
Fri, Sep 11
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