The United Kingdom’s Gambling Commission is evaluating whether cryptocurrency could function as a consumer payment option within licensed online gambling, as the country moves to bring crypto activity under a new regulatory regime led by the Financial Conduct Authority (FCA). Tim Miller, the commission’s executive director for research and policy, told attendees at the Betting […]

TLDR Amazon’s new AI chief Peter DeSantis is betting on a low-cost strategy to compete in the AI race. Amazon plans to use its in-house Trainium and Inferentia chips to build AI models cheaper than rivals. Its Nova model has lagged competitors in benchmarks, but Nova 2 is said to be more competitive. Amazon’s stock […]

TL;DR: JPYSC, issued by SBI Shinsei Trust Bank, targets a Q2 2026 launch pending approval, with SBI VC Trade set to distribute in Japan. Sota Watanabe said JPYSC is not just payments, but a bridge for AI agent transfers and tokenized-asset distributions across rails. Japan’s Payment Services Act defines stablecoins as Electronic Payment Instruments, and […]

TLDR Tesla stock slipped to around $405–$408 Friday, heading for another weekly loss and down ~5% since its January earnings report Victor Nechita, Tesla’s Cybercab program manager, announced his departure just as the first Cybercab rolled off the assembly line Tesla plans robo-taxi operations in nine cities by mid-2026, but rival Waymo already operates in […]

TLDR US stock futures fell Friday, with Dow futures down over 300 points, dragged by AI disruption fears and a tech selloff led by Nvidia Block announced it will cut nearly half its workforce, betting on AI to reshape its business — its stock jumped ~20% in premarket Bitcoin was flat at $68,007 as crypto […]

Jack Dorsey’s Block has announced plans to cut over 40% of its workforce, a move that has sparked double-digit gains for the XYZ stock. The stock also rose as the company reported Q4 earnings, which came in line with expectations. Block (XYZ) Stock Surges 20% On The Back Of Mass Layoffs TradingView data shows that […]

TLDR Caesars Entertainment (CZR) surged 20.6% Thursday after reports it is weighing takeover offers, including a bid from Tilman Fertitta’s Fertitta Entertainment. A management-led buyout is also reportedly under consideration; Caesars declined to comment. Caesars controls 50+ casinos across North America with an enterprise value of around $16B, making any deal one of the largest […]

TLDR Cardone Capital plans to tokenize its 5 billion dollar U.S. real estate portfolio using blockchain-based securities. The firm will convert property equity into digital tokens that represent income and appreciation rights. The company aims to introduce a regulated secondary trading market by mid 2026. Cardone Capital will rely on Regulation D and Regulation S […]

TLDR Judge blocks Binance arbitration; pre-2019 claims stay in federal court. No clear notice of 2019 terms, so Binance can’t bind earlier users. Court says online updates need direct notice, not just posted changes. Vague class-action waiver fails; unclear language won’t limit user rights. Revived 2024 case moves forward, focusing only on Binance’s pre-2019 conduct. […]

TLDR UK Gambling Commission studies crypto payments for licensed bets FCA to finalize crypto rules this year with 2027 enforcement Betting firms may apply for crypto licenses under new regime Regulator seeks balance between innovation and consumer protection The UK regulator weighs crypto as a payment option for gamblers as Britain moves toward formal digital […]