Senator Warren Urges Caution as MrBeast's Firm Explores Crypto Offering in Banking App

Core Scientific shareholders have rejected a proposed $9 billion merger with AI computing company CoreWeave, ending the potentially massive transaction in the high-power computing space. The deal, first announced in July, aimed to give CoreWeave 1.3 gigawatts of gross power across Core Scientific's national data center footprint.

Changpeng Zhao, founder of Binance, is in a dispute with Senator Elizabeth Warren over accusations of being a "money launderer." Zhao's lawyer demands a retraction of the statements made by Warren, hinting at potential legal action.

CME Group's Solana and XRP futures have seen record open interest, with $3 billion worth of contracts outstanding. These products have become the fastest-growing for the derivatives marketplace, attracting both financial institutions and individual investors. Regulatory clarity has allowed more market participants to engage in popular trading strategies.

Western Union has applied to trademark the name “WUUSD” for its upcoming USD-pegged stablecoin on the Solana blockchain. The trademark application has been accepted but not yet examined for approval by the USPTO. The move may indicate a branding strategy for the stablecoin project.

Lolli, a Bitcoin rewards platform, has acquired Slice, a browser extension for earning Bitcoin through passive browsing. This merger combines shopping and passive browsing to simplify earning Bitcoin across online activities.

KitKat, a beloved bodega cat in San Francisco, tragically died after allegedly being hit by a self-driving car. Crypto degens have capitalized on the incident by creating and promoting meme coins in the cat's honor.

Markets are adjusting post-Fed rate cut, with Powell's comments causing shifts in expectations. Solana's new staking ETFs attract attention, highlighting the importance of staying competitive in the shrinking crypto edge landscape.

Drake is facing a class-action lawsuit for promoting Stake, an online casino, under fraudulent pretenses, exposing users to financial risks. The lawsuit alleges that Stake is an unlicensed gambling operation violating Missouri state laws, with Drake's promotion contributing to its popularity, especially among young audiences.

Bernstein analysts initiated coverage of SharpLink Gaming with an “outperform” rating, projecting a potential 80% increase in share price to $24. The firm owns 859,400 Ethereum valued at $12.65 billion and plans to deploy $200 million into Ethereum layer-2 Linea.

Bitcoin and other major coins experienced a price drop after President Trump's meeting with Chinese leader Xi Jinping. The sell-off was triggered by Federal Reserve Chair Jerome Powell's hint that interest rates may not be cut again this year, causing liquidations exceeding $1.1 billion in the crypto futures market.