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Key points:Bitcoin bulls are attempting to sustain the price above $107,000, but the bears have continued to exert selling pressure.The recovery in most major altcoins has fizzled out, indicating that the bears continue to sell on minor rallies.Buyers have managed to keep Bitcoin (BTC) above the vital $107,000 support level, but the lack of a solid rebound suggests that the bears have maintained their pressure. The short-term uncertainty has divided the analysts on BTC’s next directional move. Standard Chartered’s global head of digital assets research, Geoff Kendrick, told Cointelegraph that BTC remains on track to hit $200,000 by the end of…

Hall of Fame basketball player Carmelo Anthony said Thursday, in the wake of bombshell indictments detailing illegal NBA betting, that the rapid rise of sports gambling is putting growing pressure on today’s athletes.Speaking with CNBC Sport, the former New York Knicks star said the betting culture “mentally affects” players.”They may say they don’t care … but they care about it, because it affects them,” he said. On Thursday, FBI Director Kash Patel announced Portland Trailblazers head coach Chauncey Billups and Miami Heat guard Terry Rozier were separately arrested following investigations into alleged insider bets on basketball games. Anthony was not…

After President Trump pardoned CZ this morning, World Liberty Financial’s WLFI token jumped over 14%. Although the former Binance CEO seems unrelated to this Trump family venture, the rally highlights key dynamics. In essence, all these parties have become intertwined and formed a symbiotic relationship. On paper, Binance and the US President’s crypto empire can benefit from each other’s success.Sponsored Binance and Trump ExplainedThis morning, the crypto space was rocked by President Trump’s decision to pardon CZ, the former CEO of Binance. Since his former organization and the Trump family’s business interests are thoroughly entangled, this has raised community fears…

May Habib, co-founder and CEO of Writer AI, delivered one of the bluntest assessments of corporate AI failures at the TED AI conference on Tuesday, revealing that nearly half of Fortune 500 executives believe artificial intelligence is actively damaging their organizations — and placing the blame squarely on leadership's shoulders.The problem, according to Habib, isn't the technology. It's that business leaders are making a category error, treating AI transformation like previous technology rollouts and delegating it to IT departments. This approach, she warned, has led to "billions of dollars spent on AI initiatives that are going nowhere.""Earlier this year, we…

Moon Inc. (HKEX: 1723) has raised about US$8.8 million to launch a Bitcoin prepaid card in Thailand and South Korea, with plans to expand across Asia. The company, a leader in prepaid connectivity and digital asset solutions, confirmed the successful HK$65.5 million fundraising earlier today. The round was supported by a consortium of Bitcoin miners and investors through the issuance of new shares and convertible notes, according to a note shared with Bitcoin Magazine.  “The successful completion of this private placement marks another critical milestone in Moon Inc.’s growth, and we are grateful for the confidence our new and existing…

Security experts at JFrog have found a ‘prompt hijacking’ threat that exploits weak spots in how AI systems talk to each other using MCP (Model Context Protocol).Business leaders want to make AI more helpful by directly using company data and tools. But, hooking AI up like this also opens up new security risks, not in the AI itself, but in how it’s all connected. This means CIOs and CISOs need to think about a new problem: keeping the data stream that feeds AI safe, just like they protect the AI itself.Why AI attacks targeting protocols like MCP are so dangerousAI…

Perplexity’s ChatGPT competitor, Perplexity AI, has issued bold projections suggesting that XRP, Cardano, and BNB may see extraordinary price recoveries before the year concludes.The October rally enthusiasm, aka “Uptober”, abruptly ended after President Donald Trump announced sweeping 100% tariffs on Chinese imports, a move that rattled global markets and sparked one of crypto’s sharpest one-day sell-offs in recent memory.With the Federal Reserve’s next FOMC meeting approaching, traders are adopting a cautious stance, waiting for hints of potential monetary easing that could reignite risk appetite.Veteran analysts, however, view the recent pullback as a positive development, emphasizing that steep corrections tend to…

The government of British Columbia is banning new crypto mining connections to the hydro power grid, citing unprecedented electricity demand.In a statement on Monday, the British Columbia (BC) government announced a set of new legislation aimed at stimulating the economy and helping the state-owned electric utility provider BC Hydro address its power availability.“There are significant opportunities in British Columbia’s traditional natural resource sectors, including mining, natural gas and LNG, and in emerging sectors, such as data centers and artificial intelligence (AI). The success of proposed major projects hinges on access to reliable, clean electricity at a competitive industrial rate,” it…

Deliberations over the crypto market structure bill between industry executives and US lawmakers hit a fever pitch on Wednesday in a tense meeting, following a leaked proposal from Democrats to impose permissioned requirements on the decentralized finance (DeFi) sector.Democratic senators accused industry executives of acting as an extension of the Republican Party after a leaked Democratic proposal mandating know-your-customer and anti-money laundering regulations on DeFi caused a public outcry, according to Eleanor Terrett, who cited sources at Wednesday’s meeting.The lawmakers reportedly warned industry representatives that continued public outcry over the bill, or specific provisions in the proposed legislation, would slow…

The event is open to everyone, from startup teams to solo creators. The hackathon runs until February 7, 2026. Winning participants will enjoy a $150,000 prize pool. Blockchain network Mantle has officially opened its first-ever global hackathon, inviting creators and developers to build innovative blockchain solutions in a five-month online competition. The event has started today, October 22, and will run until February 7 next year, and offers up to $150,000 in incentives to winning projects. Introducing the Mantle Global Hackathon — now live! – Global, online & open to all– $150K in prizes & rewards– 6+ tracks, endless potential…