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IREN's AI revenue target slips into 2027 as it hunts $6B
AI & Crypto

IREN's AI revenue target slips into 2027 as it hunts $6B

The bitcoin miner turned AI infrastructure player has conditional funding for its first 0.3GW AI program, but a much bigger expansion still needs financing.

Sofia Marek· ·2 min read
GitBook breach via AI agent forces key rotation for crypto docs
Security/Hacks

GitBook breach via AI agent forces key rotation for crypto docs

GitBook, which hosts documentation for many crypto projects, says attackers got at infrastructure credentials in an AI-assisted breach, leading to a shutdown and emergency token resets.

Mia Chen· ·2 min read
CrowdStrike Builds a Kill Switch for AI Agents, Plans to Buy Fiddler AI
AI Agents

CrowdStrike Builds a Kill Switch for AI Agents, Plans to Buy Fiddler AI

CrowdStrike wants security teams to shut down rogue AI agents through a gateway. It also plans to buy Fiddler AI to make autonomous software easier to monitor and audit.

Alex Rivera· ·2 min read
Anthropic's Claude Is Getting Cheaper, and That's a Problem
AI & Crypto

Anthropic's Claude Is Getting Cheaper, and That's a Problem

Claude's prices are dropping, but Anthropic's computing costs grew faster than its sales last quarter, an awkward setup with an IPO on the horizon.

Mia Chen· ·2 min read
Binance says hackers used its internal AI tool to start $6.3B theft
Security/Hacks

Binance says hackers used its internal AI tool to start $6.3B theft

In a Nov. 3 security report, Binance said attackers hijacked an internal AI tool and a compromised employee computer to take over two wallet-infrastructure engineers before draining $6.34 billion.

Mia Chen· ·2 min read
METR's six-month superintelligence warning rests on thin public evidence
AI & Crypto

METR's six-month superintelligence warning rests on thin public evidence

A report from AI evaluation group METR suggests superintelligence could be months away, but the claim covers only well-specified tasks and leans partly on redacted evidence.

Daniel Okoro· ·2 min read
Texas election adds a new risk to bitcoin miners' AI pivot
Markets

Texas election adds a new risk to bitcoin miners' AI pivot

Wall Street is reassessing the AI data center boom as power access and construction permits in Texas get less certain for miners shifting into AI.

Alex Rivera· ·2 min read
Bitcoin and crypto stocks slide with the AI trade, but hold up better
Markets

Bitcoin and crypto stocks slide with the AI trade, but hold up better

A post-election rally faded fast as AI stocks plunged, yet crypto held up better than equities despite roughly $1 billion in liquidations.

Sofia Marek· ·2 min read
Bitcoin slips under $76,000 as tech selloff hits crypto
Price

Bitcoin slips under $76,000 as tech selloff hits crypto

Bitcoin hit an intraday low of $75,568 on Thursday as a sharp slide in US tech stocks, tied to worries over AI spending, spilled into crypto and hurt leveraged traders.

Daniel Okoro· ·2 min read
Anthropic's IPO Valuation Could Fall to $1T After the AI Stock Rout
AI & Crypto

Anthropic's IPO Valuation Could Fall to $1T After the AI Stock Rout

Investors tell the Wall Street Journal a $1.5 trillion target now looks too rich, even as prediction markets bet on a December listing.

Daniel Okoro· ·2 min read
Strive Posts $509M Q3 Profit on Bitcoin Gains as Shares Slide
Adoption

Strive Posts $509M Q3 Profit on Bitcoin Gains as Shares Slide

The bitcoin treasury firm now holds 43,124 BTC, but its stock keeps falling even after a profitable third quarter.

Priya Nair· ·2 min read
Bitcoin gives up its election rally as AI stocks sell off
Markets

Bitcoin gives up its election rally as AI stocks sell off

A sharp Thursday reversal in AI stocks dragged crypto lower and wiped out bitcoin's post-election gains.

Daniel Okoro· ·2 min read