News
Insights into the biggest events shaping the crypto industry.
AI Will Hit 40% of Jobs, IMF Warns. Young People Are First in Line
Artificial intelligence spending is keeping the world economy growing at roughly 3% a year even as an energy shock drags on most countries, IMF Managing Director Kristalina Georgieva said Monday in Bangkok. Georgieva spoke on the opening day of the IMF and World Bank annual meetings, which run through October 18 in the Thai capital. The biggest winners, she said, are the Asian economies that build the hardware behind AI, where adoption could add 0.5 to 1 percentage point a year to growth in adva...
Artificial Intelligence
Meta's New Muse Wonder Finally Puts Zuckerberg in the Frontier AI Race
Artificial Intelligence
From GTA V on iPhone to Free Photoshop: This AI Tool Is Upending Software
Oct 12, 2026
Technology
Ledger Says All Confirmed Cases in Suspected $87M Drain Tied to Reseller CryptoBilis
Ledger said all confirmed cases in last week's draining incident involve devices sold through reseller CryptoBilis, and that its own systems and direct sales channels remain unaffected, in a 72-hour update on Sunday. "The volume of impacted devices is limited," the Paris-based hardware wallet manufacturer said, adding that it is working with relevant authorities and reaching out to affected users. It said CryptoBilis has confirmed it has ceased all sales of hardware wallets. 72 hour update on r...
Oct 12, 2026
Business
NEXTPredict Paid $12,000 to Hedge Its Conference on a Prediction Market
The organizers of a prediction markets conference have hedged the conference on a prediction market, paying a $12,000 premium for contracts that would return around $3 million if New York's airports seize up the day before it opens. The trade, executed through Kalshi with Susquehanna as market maker, settles on whether more than half of flights scheduled to land at John F. Kennedy International Airport are canceled on October 21, the main travel day before NEXTPredict's October 22-23 summit at C...
Oct 12, 2026
Coins
XRP Ledger’s Payment Engine Had a Counterfeiting Bug Hiding Since 2015
Developers behind the XRP Ledger have disclosed and fixed a critical vulnerability that, left unaddressed, could have let an attacker conjure XRP out of thin air, a flaw that sat dormant in the network’s code for roughly a decade. In a disclosure published Friday, the ledger’s maintainers said a researcher reported the bug through the XRPL bug bounty program in September. The issue was an integer overflow in the payment engine, the part of the software that processes payments. Myriad: Where does...
Oct 12, 2026
Business
Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'
Bitmine Immersion Technologies bought 12,532 ETH over the past week, worth about $31.9 million at the $2,544 price the company used to value its holdings and lifting its holdings to 6,028,946 ETH, the company said Monday. The stash represents 4.9% of the total 122.1 million Ethereum token supply, leaving the firm 99% of the way to its goal of owning 5%, a target it calls the "Alchemy of 5%." 🧵1/BitMine provided its latest holdings update for October 12, 2026 $16.2 billion in total crypto + "mo...
Oct 12, 2026
Business
Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC
Strategy bought 250 BTC last week and spent $192.4 million repurchasing its STRC preferred stock, the company said on Monday. The Bitcoin treasury firm paid $21.5 million for the coins between October 5 and October 11, an average of $86,194 per Bitcoin including fees, according to its release. It now holds 848,250 BTC, a new record, acquired for a total of $64 billion at an average of $75,444 per coin. Strategy raised $21 million by selling about 125,000 shares of its MSTR common stock through i...