Business
SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
SpaceX’s latest 10-Q filing quietly confirms any Tesla combination requires sign-off from its “controlling shareholder.”
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SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
SpaceX’s latest 10-Q filing quietly confirms any Tesla combination requires sign-off from its “controlling shareholder.”
Frax CEO says businesses will drive next wave of stablecoin adoption as firm tests lending product
Frax CEO Sam Kazemian outlines plans for receivables financing, business payments and stablecoin lending through FraxNet. The post Frax CEO says businesses will drive next wave of stablecoin adoption as firm tests…
AmEx fires 5% of workers, raises profit forecast just 1%
AmEx announced layoffs affecting 5% of its workers today while lifting its 2026 profit forecast by a midpoint of just 0.85%. The post AmEx fires 5% of workers, raises profit forecast just…
Sui Developer Mysten Labs has a New CEO Amid AI Pivot: Who Is Kevin Boon?
Mysten Labs, the developer behind the Sui blockchain, announced a major leadership change this week. It appointed Kevin Boon as its new Chief Executive Officer. It came in as the co-founder Evan…
HSBC launches Hong Kong dollar stablecoin for retail payments
HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses.
Meet Anza, the Engineering Company Behind Solana’s Biggest Upgrade Yet: Alpenglow
When one of the leading blockchains in Web3 rolls out one of its most significant upgrades, attention inevitably turns to the technology behind it. While Solana’s Alpenglow upgrade is attracting attention for…
HSBC rolls out its first HKD stablecoin RedCoin to retail users
PayMe users will be able to activate a stablecoin wallet in-app in the coming days for peer-to-peer and peer-to-merchant payments.
OpenAI seeks $30B funding round at $1.25T valuation ahead of potential IPO
OpenAI is reportedly raising up to $30 billion at a $1.25 trillion valuation, led by UAE investors and Coatue, ahead of a potential 2027 IPO. The post OpenAI seeks $30B funding round…
Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Control
Meta will hand shareholders a free non-voting share for every share they own in January, giving it a way to raise equity for AI spending without diluting Zuckerberg's 60.6% vote.
Coinbase Fined Again in Ireland, This Time $3.6M Over Fund Safeguarding
The Central Bank of Ireland penalized Coinbase Ireland €3,252,618 for leaning too heavily on its U.S. parent and leaving its safeguarding account underfunded—its second hit to the exchange’s European arm in the…
Securitize CEO says public companies will want tokenized trading
Tokenized trading could revolutionize capital markets by enhancing liquidity, expanding investor access, and modernizing infrastructure. The post Securitize CEO says public companies will want tokenized trading appeared first on Crypto Briefing.
Pump.fun Adds Take-Profit and Stop-Loss Orders for EVM Trades
The rollout extends tools available on Solana since September to Robinhood, BSC, Base, HyperEVM, Arc and Ink.
The Defiant
Eric Schmidt says AI could cut 20% of jobs at large companies, starting with ‘glue people’
AI-driven job cuts in large firms could reshape workforce dynamics, emphasizing creative and leadership roles while reducing coordination tasks. The post Eric Schmidt says AI could cut 20% of jobs at large…
Fireblocks denies report of $2.5 billion acquisition talks with Visa
Visa is in late-stage talks to buy Fireblocks for around $2.5 billion, according to Axios, citing multiple sources.
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Robinhood Plans 2027 UAE Launch With Dubai Retail License
The DFSA register lists Robinhood MENA Limited’s license from July 20, including permission to arrange crypto deals and custody for retail clients.
SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin
Each SOFIE token represents $1 on deposit at SoFi Bank, earning 4.40% APY with FDIC insurance—a yield-and-protection combination ordinary stablecoins lack.
PHP flaw draws millions of exploit attempts, Cloudflare CEO warns
Cloudflare’s Matthew Prince said the network saw thousands of exploit attempts even before the PHP vulnerability was publicly disclosed.
Cloudflare CEO Reports Millions of PHP2Shell Exploit Attempts
PHP has shipped fixes for four supported branches. The flaws can let attackers run code on vulnerable web servers without logging in.
Matter Labs Debuts Prividium Commander For Institutions
The control plane for bank digital-asset operations is generally available at launch. Its revenue goes to Matter Labs, not ZKsync tokenholders, CEO Alex Gluchowski told The Defiant.
Tesla–SpaceX merger talks could put 30,221 Bitcoin under one roof
Elon Musk confirmed that Tesla and SpaceX are exploring a merger that could combine their existing Bitcoin holdings under one company. Speaking during SpaceX's Oct. 20 earnings call, Musk said both companies…
CryptoSlate
Tesla-SpaceX Merger Could Fast-Track SpaceX into the S&P 500 Video
Tesla and SpaceX have formed a special committee to explore a merger that would create the largest equity in the world by market cap. In this clip, Sean Hagan breaks down why…
Bitcoin Magazine
How a SpaceX and Tesla Merger Would Reshape Musk’s AI Empire
Both boards are now studying a tie-up that would put Grok, X, Starlink, orbital data centers, a chip megafactory and Optimus robots under one roof—and under one man's control.
Dogecoin Gets a Dedicated Company to Build Out Its Ecosystem
Formed with the Dogecoin Foundation and led by MyDoge founder Jordan Jefferson, the new company consolidates the MyDoge wallet, DogeOS app platform, and Such App to build an economy around DOGE.
Musk’s SpaceX-Tesla Merger Would Create a Bitcoin Treasury Behemoth
Musk said both boards formed committees to weigh a tie-up that would combine Tesla’s 11,509 BTC and SpaceX’s 18,712 BTC—roughly $2.5 billion worth—onto a single balance sheet.
Meta faces scrutiny over Muse AI agent ahead of Wednesday earnings call
Meta's Muse AI agent could redefine revenue streams beyond ads, but privacy concerns and high capex may challenge its long-term viability. The post Meta faces scrutiny over Muse AI agent ahead of…
Standard Chartered signs definitive agreements to acquire Zodia Custody
Standard Chartered has signed definitive agreements to acquire Zodia Custody, subject to regulatory approval.
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Dogecoin Labs launches as DOGE ecosystem seeks growth beyond meme-driven demand
Dogecoin Labs, backed by the Dogecoin Foundation, unites MyDoge, DogeOS and Such App to push DOGE into payments and DeFi.
OCC Finalizes GENIUS Act Stablecoin Rules Ahead of January Deadline
The rule sets reserve, redemption and risk standards for issuers, but the OCC has yet to say when it will begin accepting applications.
SpaceX Stock Outlook as Elon Musk Announces Special Committees to Explore Tesla Merger
SpaceX (NASDAQ: SPCX) stock price is up 8.77% in pre-market trading today, October 21, after Elon Musk said that the boards of SpaceX and Tesla had formed special committees to explore a…
SATS IPO, BTC Election Outlook & Nation-State Adoption | BMTV Oct. 20, 2026 Video
Grace Remington and Sean Hagan break down the #SatsIPO, the #BitcoinElection outlook, and #NationStateAdoption on #BitcoinMagazine TV (BMTV). Live Monday through Friday at 9:30am ET. Guests: Eleanor Terrett – Co-host, Crypto In…
MoonPay, Upbit parent Dunamu explore collaboration on stablecoin payments, GIWA expansion
The companies also plan to explore ways to broaden global access to Dunamu's Ethereum Layer 2, GIWA chain.
Super Micro sees up to $19.5B quarterly revenue as AI demand jumps
Super Micro Computer (SMCI) expects its quarterly revenue to hit $18.5 billion to $19.5 billion, about $4 billion above the midpoint of its previous guidance. This stronger outlook led to a surge…
Cryptopolitan
Elon Musk Teases Tesla Merger and $1 Trillion Milestone for SpaceX
Elon Musk said SpaceX could reach a $500 billion to $1 trillion annual recurring revenue (ARR) run rate by 2027. He made the remarks during the company’s third-quarter webcast. He also called…
BeInCrypto
SpaceX posts $4.4B profit as AI revenue jumps ninefold
SpaceX (SPCX) reported $14.58 billion in third-quarter revenue, but its reported $19.6 billion spending spree has raised questions about the cost of its aggressive expansion into artificial intelligence. According to the earnings…
Musk says SpaceX-Tesla merger a ‘good idea’ as AI revenue jumps ninefold
A merger would bring Tesla into the same corporate group as Grok developer SpaceXAI and social media platform X.
Webull sets November US perpetual futures launch to challenge offshore venues
Webull will introduce Bitcoin and selected crypto perpetual futures offerings to qualified U.S. customers in November 2026, thereby providing those traders with a regulated option compared to offshore trading venues. As mentioned…
Utah AG sues Kalshi, pursues profits from prediction market company
Derek Brown likened the prediction market company to a “public nuisance“ that was “causing a significant and substantial ongoing harm“ to state residents.
Microsoft, Alphabet, Goldman Sachs Join Growing List of Companies Objecting to Tokenized Stocks
Sixteen companies have now objected to having their shares traded on the planned OKX-ICE tokenized stock venue, up from nine just four days earlier, according to an updated public notice.
Swiss Regulator Approves First Retail Fund That Holds Bitcoin Directly
FINMA waived the diversification rules for the fund but leaned hard on custody and investor-protection safeguards.
Utah likens Kalshi to a ‘back-alley gambling den’ in lawsuit naming Susquehanna firms
Utah seeks to recover alleged gambling profits and block Kalshi bets across sports, politics and culture.
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