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Alphabet jumps 6% on Q3 earnings as CEO says AI bet is ‘paying off’

Alphabet and Google CEO Sundar Pichai said its AI business is “paying off” as the tech giant’s share price surged after the bell as it beat Wall Street estimates. 

dYdX lays off 35% of staff shortly after major Consensys cuts

The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees. 

DWF Labs partner stood down after drink-spiking allegations

A waitress at a Hong Kong bar allegedly spotted the DWF Labs partner drugging the victim’s drink while attending the bathroom — an accusation she claims is backed by CCTV footage.

US Treasury strategy for financial inclusion mentions digital assets

Lael Brainard credited Vice President Kamala Harris, who is campaigning to be the next US President, with helping expand “access to capital, credit, and economic opportunity.”

Circle raises USDC cash-out fees, affecting large-scale redemptions

The fee structure revision primarily affects institutional investors and high-volume traders.

Bitcoin hits $73.6K as fundamentals suggest new all-time highs are programmed

Bitcoin price rallies within $200 of a new all-time high as several fundamentals point to the crypto bull marking picking up pace. 

President Biden thanks Nigerian President for Binance exec’s release

A former IRS special agent and Binance’s head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February.

Bitcoin miners cut costs, embrace AI post-halving: CoinShares

Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.

Solana price hits 3-month high as data hints at SOL rally above $200

Solana price hits $180 as Bitcoin storms toward a new all-time high. Data suggests SOL can go higher.

Solayer, OpenEden launch Treasury-backed stablecoin on Solana

Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC. 

Ripple co-founder: Harris will have ‘completely different approach’ to crypto

Having contributed roughly $12 million to PACs supporting Kamala Harris, Chris Larsen said he hoped to see “bipartisan support and weight” for crypto in government starting in 2025.

Hitachi Solutions introduces Web3 development for enterprises

Hitachi is not a leading light in the Japanese blockchain, but it's catching up with a comprehensive Web3 development package.

Brazil’s crypto imports surged 40% in September 

Brazil continues to see an increase in crypto activity as digital asset imports reach $1.4 billion in September.

Truth Terminal founder’s X account hacked to shill scam memecoin

The hackers responsible for shilling the sham memecoin from Ayrey’s account made off with over $600,000 in ill-gotten gains. 

Researchers claim computational model can mimic human cognition

Researchers say the new computational model can “simulate and predict” human behavior in any domain, something they claim will help fast-track new scientific discoveries.

‘The Splurge’ to seek better cryptography to plan for quantum computers: Buterin

Vitalik Buterin shared his plan for “The Splurge,” with the goal to “fix everything else” in upgrading Ethereum, including planning for encryption-breaking computers.

Apple rolls out Apple Intelligence, but fails to wow AI crowd, for now

Several Apple users complained about having to join a waitlist before accessing Apple’s new AI features.

Bitcoin headed for ‘perfect storm’ to new all-time high — Bitfinex

Bitfinex analysts say Bitcoin could reach an all-time high after the US election, with market conditions forming a “perfect storm” for a major price push.

Meta is reportedly building its own AI-powered search engine

Meta wants to reduce its dependence on Google and Microsoft Bing and hopes an in-house search engine will do the trick. 

DOJ charges crypto exchange operator for laundering Silk Road money

Along with money laundering, Maximiliano Pilipis is also accused of failing to file a tax return for income generated in 2019 and 2020. 

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