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In brief Putin said Russia tested the Poseidon underwater drone, designed to trigger a radioactive tsunami off enemy shores, though no proof has emerged. Western analysts call the weapon a psychological tool meant to unnerve rivals rather than shift deterrence math, citing past exaggerations. Independent verification is scarce; experts warn the “radioactive tsunami” label hides physics that are catastrophic enough without propaganda. Russian President Vladimir Putin said Wednesday his country has tested “Poseidon,” a nuclear-powered underwater drone designed to detonate off enemy coastlines and kick up radioactive tsunamis.Putin described the trial as the first to use Poseidon’s nuclear propulsion after…
In brief 1X unveiled NEO—a $20,000 home robot—this week, promising AI-powered chores and companionship. Users raised privacy and safety concerns, comparing it to self-driving tech. 1X says early buyers must agree to data collection to help improve NEO’s abilities. The humanoid race looked ready to enter the living room this week—until viewers saw what 1X’s $20,000 home robot can actually do.On Tuesday, the Palo Alto startup unveiled NEO—a sleek household robot it said can fold laundry, stock dishwashers, organize shelves, and learn new chores through AI. But after The Wall Street Journal’s Joanna Stern revealed that the robot’s demo was…
For years, Solana was seen as crypto’s fast but fragile alternative to Ethereum, which was admired for its speed but dismissed as untested.However, that perception shifted dramatically this week.Record launchOn Oct. 28, Bitwise’s Solana Staking ETF (BSOL) debuted with $69 million in first-day inflows, the strongest launch among roughly 850 ETFs introduced this year, according to SosoValue data.In addition, the fund generated $57.9 million in trading volume, outperforming all other ETF launches this year.Bitwise Solana ETF (Source: SoSo Value)ETF inflows capture new money entering a fund, while trading volume measures investor participation. Both indicators matter because high inflows without trading…
Tether now holds $135B in U.S. debt – Bigger than South Korea! Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Visa announced support for four new stablecoins across four blockchains, moving deeper into crypto payments. According to the credit card firm’s Q4 2025 earnings call, card spending tied to stablecoins has surged fourfold year-over-year. That kind of growth, company executives say, points to rising use of tokenized money on established payment rails. Stablecoin Settlement Hits A $2.5 Billion Run Rate Based on reports from the earnings call, Visa’s stablecoin settlement platform now handles conversions between two currencies and more than 25 fiat currencies, with monthly volumes running…
In brief MoviePass wants people to wager on the box office. Its service doesn’t use actual money yet. Betting giants like DraftKings are interested in prediction markets. MoviePass, a company that used to let customers binge an unlimited number of movies in theaters for a monthly fee, began letting more people wager on box-office performances on Wednesday, according to a press release.The company said its new service, dubbed Mogul, entered public beta, allowing a wider group to participate in “the first fantasy league and predictive market for Hollywood.”The service tasks users with assembling a “team” of movies, actors, and directors,…
Ferrari is making a pit stop in crypto, but only for its VIP clientele. The Italian automaker plans to issue a “Token Ferrari 499P” that its 100 most exclusive customers can use to bid on a Le Mans-winning race car.It’s a glossy crossover of luxury and blockchain: own a slice of Ferrari history via digital tokens. But beyond the spectacle lies a harder question: does any of this move real Bitcoin or Ethereum liquidity, or is it just crypto theater?Luxury goes on-chain, but behind closed doorsFerrari’s flirtation with crypto isn’t new. In 2023, it began accepting Bitcoin, Ethereum, and USDC…
Mastercard to acquire crypto infrastructure startup Zerohash in deal worth up to $2 billion: Fortune Source link
Bitcoin’s price fell to $109,000 Wednesday afternoon after Federal Reserve Chair Jerome Powell signaled that additional rate cuts may not follow in December. Since then, Bitcoin price has leveled near $111,000. The drop came shortly after the central bank reduced its benchmark interest rate by 0.25 percentage points to a target range of 3.75%–4%. The cut — the Fed’s second of 2025 after a move in September — ended a long stretch of rate holds. The policy shift is intended to lower borrowing costs and support economic activity. But Powell’s comments that further cuts are not guaranteed this year sparked selling…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has been moving within a narrow consolidation range over the past 48 hours after briefly testing highs above $115,000. Despite holding its ground above $113,000, bears could argue that momentum has started to wane, with the price showing signs of exhaustion. This cautious phase has led some market watchers to question whether Bitcoin’s rally has already peaked or if another leg higher is around the corner. One analyst known as Sonny on the social media platform X believes that the coming week will be decisive in…
In brief Elizabeth Warren and Bernie Sanders warned that Trump’s plan to let 401(k)s invest in crypto could jeopardize Americans’ retirement savings. In a letter to the SEC and Department of Labor, they called the policy “dangerous,” citing crypto’s volatility and Trump’s potential conflicts of interest. The senators asked whether agencies have studied the risks of their new retirement policies, or how much Trump’s family could profit from them. Elizabeth Warren and Bernie Sanders are sounding the alarm on the “financial harm” they say could be unleashed on millions of Americans if the retirement industry heeds President Donald Trump’s recommendations…