Arthur Hayes Says OpenAI and Anthropic Are Worthless and Bitcoin Wins
Key Takeaways Arthur Hayes told Convergence host Luke Martin on Oct. 16 that AI model companies are “worthless.” The Nasdaq 100 fell 2.5% on Oct. 16 as chip stocks posted their longest losing streak since 2008. Hayes expects a bailout…
Bloomberg Sees Bitcoin Price at $10K and Cryptoquant’s CEO Doesn’t Agree
Key Takeaways Bloomberg’s Mike McGlone said recently that bitcoin could revert to $10,000 if U.S. stocks drop 20%. Cryptoquant’s Ki Young Ju countered that $58B in ETF inflows and 1.3M treasury BTC imply a $30K floor. The next test is…
Strategy Sinks Nearly 10% on MSCI News But Saylor Is Still $5B Up
Key Takeaways Strategy (MSTR) closed at $136.83 on Oct. 16, down 9.56% after MSCI’s non-operating company ruling. Strategy’s 848,250 BTC, bought at a $75,444 average, show about a $5.08B paper gain at $81,434. MSCI publishes its final deletion list on…
Nine Blockchain Groups Unite as Quantum Threat Hangs Over Bitcoin
Key Takeaways The Quantum Alliance launched Oct. 15 with nine organizations working on shared security standards. Roughly 6.4 million BTC, including Satoshi-era coins, face potential exposure to future quantum attacks. Bitcoin’s biggest hurdle is upgrading wallets and protecting coins whose…
Navigate Web3 Safely – Binance’s guide to protecting digital assets for Beginners
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Manila, Philippines – Blockchain technology continues to redefine how we approach digital finance. The continued and still rapid rise of…
Judge Refuses to Erase Gemini’s $5M Settlement Despite CFTC Reversal
Key Takeaways The CFTC now says its original Gemini lawsuit should never have been filed, reversing its earlier position. Gemini’s $5 million penalty remains intact after Judge Hellerstein rejected a joint request to undo the settlement. Judge Hellerstein ruled that…
Need a Secure Crypto App? GCash Offers Seamless Transfers and Quick Registration via GCrypto
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Filipinos can securely open a trading account, transfer crypto from other wallets or exchanges, and trade up to 55 cryptocurrencies…
Claude AI Cracks the NSA’s 25-Year Cryptography Seed Mystery
Key Takeaways Anthropic says Claude solved a 25-year NSA encryption mystery in under 30 minutes. NIST’s five prime-field curve seeds trace to a Unix-era generator using 1997-98 timestamps. Anthropic’s $36,864 bounty went to ISRG, while the origin of the B-163…
Solana Abruptly Postpones Shanghai Event as Registrations Quadruple
Key Takeaways Solana’s Accelerate event in Shanghai was abruptly postponed after venue capacity was overwhelmed. Police reportedly blocked access, raising concerns that China is enforcing its strict anti-crypto laws. Publicity and high turnout might have led authorities to dismantle the…
Bitcoin Mining Difficulty Jumps 5.92% in Third-Largest Hike of 2026
Key Takeaways Bitcoin mining just got a whole lot tougher, with difficulty climbing 5.92% to 140.58 trillion, its highest reading since March 5 and the third-largest increase of 2026. Better mining revenue brought more computing power back into the competition,…
