Duolingo shares fell 27% after issuing weaker guidance for the fourth quarter, as the company prioritizes user growth and long-term initiatives over short-term monetization.
The Central Bank of Ireland imposed a €21.5-million penalty on Coinbase Europe after discovering that more than 30 million transactions were inadequately monitored from April 2021 to March 2023.
Crypto wallet maker Tangem has rolled out the Tangem Pay virtual Visa card, enabling users to spend USDC stablecoin from their hardware wallet at millions of merchants worldwide while undergoing standard KYC.
United Airlines has introduced the MileagePlus Debit Rewards Card, enabling members to earn miles on everyday spending and savings balances – no credit check required.
China has secured its first foreign partner under its gold-custody scheme, with Cambodia agreeing to store reserves in China as Beijing expands its role in global bullion markets.
Crypto exchange Gemini is seeking U.S. derivatives approval to launch ‘Gemini Titan’, a prediction-market platform that would allow trading on outcomes ranging from sports and elections to economic data.
Bitcoin fell below the $100,000 level amid rising liquidation pressure and ETF outflows, as analysts flag a potential descent toward $90,000 or lower.
CEO Evgeny Gaevoy says market-maker Wintermute has no intention of suing Binance despite rumours linking them to the October 10 crypto crash.
French MPs passed a measure to levy a 1% tax on so-called ‘unproductive wealth’ over €2 million, extending the tax base to include cryptocurrencies and luxury assets.
Three 22-year-olds behind AI recruiting startup Mercor have become the youngest self-made billionaires after the company raised $350 million at a $10 billion valuation.
Romania’s gambling regulator has added Polymarket to its blacklist, citing more than $600 million in crypto-event wagers during recent elections and declaring the platform an unlicensed gambling operator.
Warren Buffett’s Berkshire Hathaway reported record cash holdings of $381.7 billion and a 34% jump in operating earnings, driven by strong insurance results and restrained disaster losses.
Elon Musk announced a new messaging app, X Chat, featuring peer-to-peer encryption ‘kind of like Bitcoin’ and designed to rival WhatsApp with privacy-first architecture.
Bill Gates says artificial intelligence could replace most jobs within a decade, leading to a two-day workweek and forcing society to rethink the role of human labor.
Bank of America strategist Michael Hartnett says gold and Chinese equities offer the strongest protection for investors riding the artificial-intelligence boom.