😺 Cerebras to IPO at $33B, take on Nvidia

Cerebras Systems is set to go public with an impressive valuation of $33 billion, positioning itself as a formidable competitor to Nvidia in the AI chip market. The company, known for its innovative technology that accelerates AI workloads, aims to leverage its unique offerings to capture a larger share of the rapidly growing sector. With increasing demand for advanced AI capabilities, Cerebras is poised to attract significant investor interest. The IPO marks a pivotal moment for the company as it seeks to expand its influence and capabilities amidst fierce competition.

Galaxy Digital to manage Sharplink’s new $125 million onchain yield play

Galaxy Digital has been selected to manage Sharplink's ambitious new $125 million on-chain yield initiative, aimed at capitalizing on the growing demand for decentralized finance solutions. This collaboration marks a significant step for Sharplink as it seeks to expand its offerings in the blockchain space, leveraging Galaxy Digital's expertise in digital asset management. The partnership is expected to enhance Sharplink's investment strategy, providing innovative yield-generating opportunities for investors. As the cryptocurrency market continues to evolve, this venture highlights the increasing intersection of traditional finance and blockchain technology, positioning both companies at the forefront of the digital finance landscape.

Binance says AI-powered security has thwarted $10B in fraud since 2025

Binance has announced that its AI-driven security measures have successfully prevented approximately $10 billion in fraudulent activities since 2025. The cryptocurrency exchange emphasizes the importance of advanced technology in combating fraud, highlighting its commitment to user safety and trust. By leveraging artificial intelligence, Binance aims to enhance its security protocols and respond more effectively to emerging threats in the digital finance landscape. This significant achievement underscores the growing role of AI in the financial sector, particularly in protecting users from increasingly sophisticated scams and cyber threats.

3 men charged in US over crypto wrench attack spree

Three men have been charged in the United States for a series of violent attacks involving cryptocurrency thefts, where they used wrenches to assault victims. The incidents, which occurred in various locations, targeted individuals meeting to exchange digital currencies. Authorities have linked the trio to multiple robberies, highlighting the growing trend of violent crime associated with cryptocurrency transactions. Law enforcement is urging the public to exercise caution when engaging in such exchanges, as the risks of physical harm appear to be escalating alongside the popularity of digital currencies. The suspects are currently in custody, facing serious charges related to their criminal activities.

Ethereum Foundation hits ‘Glamsterdam’ milestones, names new protocol leads

The Ethereum Foundation recently celebrated significant achievements at its "Glamsterdam" event, marking key milestones in the development of the Ethereum network. During the gathering, the foundation announced new leadership roles for various protocols, aiming to enhance collaboration and innovation within the ecosystem. These appointments are expected to drive forward Ethereum's scalability and sustainability initiatives. The event highlighted the foundation's commitment to fostering a vibrant community and advancing the technology behind one of the leading cryptocurrencies. Enthusiasts and developers alike are optimistic about the future developments that will emerge from these strategic leadership changes.

Nasdaq Ventures, Deutsche Bank back Elliptic in $120M funding round

Elliptic, a leading blockchain analytics firm, has successfully raised $120 million in a funding round backed by Nasdaq Ventures and Deutsche Bank, among other investors. This significant investment aims to enhance Elliptic's capabilities in providing compliance and risk management solutions for cryptocurrency businesses. The funding will enable the company to expand its product offerings and strengthen its position in the rapidly evolving digital asset market. With increasing regulatory scrutiny in the crypto space, Elliptic's tools are becoming essential for companies looking to navigate compliance challenges effectively. This funding round underscores the growing interest and confidence in blockchain technology and its applications.

Broadridge expands tokenized securities infrastructure amid Wall Street blockchain push

Broadridge Financial Solutions is enhancing its tokenized securities infrastructure in response to the increasing interest in blockchain technology on Wall Street. This expansion aims to facilitate the issuance, trading, and settlement of digital assets, positioning Broadridge as a key player in the evolving financial landscape. As major financial institutions explore blockchain's potential to improve efficiency and transparency, Broadridge's initiatives align with broader industry trends towards digital transformation. The move underscores a significant shift in how traditional finance is integrating innovative technologies to meet the demands of modern investors and streamline operations.

‘I failed them’: Goliath Ventures CEO charged with crypto Ponzi apologizes

Goliath Ventures CEO has been charged with running a Ponzi scheme in the cryptocurrency sector, leading to significant financial losses for investors. In a heartfelt apology, he expressed remorse for failing those who entrusted him with their money, acknowledging the devastating impact of his actions. The scheme reportedly promised high returns but ultimately collapsed, leaving many individuals and families in dire financial straits. This case highlights the growing concerns surrounding regulatory oversight in the rapidly evolving crypto market, as authorities seek to protect investors from fraudulent schemes. The CEO's case serves as a cautionary tale in an industry often criticized for its lack of accountability.

Bitmine slows Ethereum buys, targets December to own 5% of supply

Bitmine, a prominent player in the cryptocurrency sector, has announced a strategic shift in its approach to acquiring Ethereum, reducing its purchasing activities. The company aims to own 5% of the total Ethereum supply by December, signaling a bold move to strengthen its position in the increasingly competitive market. This decision comes amidst fluctuating market conditions and growing interest in Ethereum, as Bitmine seeks to capitalize on potential future gains. By scaling back purchases now, Bitmine is positioning itself for a more significant stake in the cryptocurrency landscape, highlighting its long-term vision and commitment to the digital asset space.

Thinking Machines wants to build an AI that actually listens while it talks

Thinking Machines is developing an innovative AI system designed to enhance conversational interactions by enabling machines to truly listen while they speak. Unlike traditional AI that merely processes information, this new technology aims to create more natural and engaging dialogues by understanding context and emotional cues. The project seeks to bridge the gap between human communication and machine responses, potentially revolutionizing customer service, virtual assistants, and various other applications. As the demand for more intuitive and responsive AI grows, Thinking Machines is positioning itself at the forefront of this transformative movement in artificial intelligence.