OpenAI to Shut Down Sora Video App, Derailing $1 Billion Deal with Disney
In recent developments, openAI will discontinue the Sora app and API, ending its AI video-generation platform months after launching the standalone product. Looking closer, market participants highlight key drivers such…
Report: OpenAI Nears $10B Funding Boost at $730B Valuation
In recent developments, openAI is closing in on another $10 billion raise, pushing its already massive funding round into historic territory as demand for artificial intelligence (AI) infrastructure keeps climbing.…
Stablecoin Rewards Hit a Wall in Senate’s CLARITY Act Draft, Leaving Indust…
In recent developments, the latest Senate draft of the CLARITY Act draws a hard line: no yield for simply holding stablecoins, and the crypto industry isn’t exactly cheering. CLARITY Act…
Stablecoins Capture 83% of USD Crypto Spot Trading Volume as Fiat Pairs Fade,…
In recent developments, stablecoins now dominate crypto spot markets, accounting for 83.03% of all USD-denominated trading volume as of late-March 2026, according to Kaiko data. Stablecoins Cement Role as Primary…
Rising US treasury yields, war in Iran, rising inflation risk pressure Bitcoi…
In recent developments, falling tech stock prices and rising bond yields have forced a rush for cash, preventing Bitcoin from gaining any bullish momentum. Looking closer, market participants highlight key…
Circle Stock Drops 20% as Clarity Act Yield Rules and Tether Audit Shakes Per…
In recent developments, circle’s stock took a sharp hit on Tuesday as regulatory pressure and a rival’s credibility push collided in real time. CRCL Faces Double Blow From U.S. Policy…
Irish CAB Cracks 500 BTC Wallet: First Breakthrough in $378 Million Bitcoin S…
In recent developments, seven years after a routine patrol led to the largest crypto-forfeiture in Irish history, the Criminal Assets Bureau (CAB) has finally cracked the code on a multimillion-dollar…
Tether Engages Big Four for First Full Audit
In recent developments, tether has hired a Big Four accounting firm to conduct its first full financial audit. The move signals a major shift toward deeper transparency in the stablecoin…
21shares sees active strategies shaping next phase of crypto ETFs
In recent developments, 21shares president Duncan Moir sees shifting investor demand and evolving product strategies pushing crypto ETFs and ETPs beyond passive exposure. Looking closer, market participants highlight key drivers…
Shipping Firms Quietly Pay Iran Millions to Navigate Hormuz Corridor
In recent developments, sources claim Iran is quietly charging select vessels up to $2 million for safe passage through the Strait of Hormuz, turning a wartime chokepoint into a pay-to-play…
