Investor Michael Burry, known for his foresight in "The Big Short," has revealed new investments in sports betting companies DraftKings and Flutter Entertainment. He argues that emerging prediction markets are not a long-term threat due to their likely future regulation.
Technology company Autheo has launched the mainnet for its platform, described as a decentralized operating system designed to enable interoperability between traditional web services, blockchain networks, and AI agents. The launch follows a public testnet phase that reportedly attracted over 1.8 million wallet addresses.
Crypto platform Utorg has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation. The license comes as the July 1 deadline for compliance forces many unauthorized crypto service providers to cease operations in the European Economic Area.
Cryptocurrency exchange Bybit has launched its virtual Bybit Card in Peru, allowing users to make purchases with funds from their accounts. The card supports transactions in both Peruvian Soles and U.S. Dollars.
Cryptocurrency exchange BTCC has reported a significant increase in futures trading volume, with surges of up to 55% on days preceding Argentina's World Cup matches. The spike is attributed to a promotional campaign linked to its partnership with the Argentine Football Association.
The cryptocurrency Cardano (ADA) experienced a significant price increase on Friday, rising over 10% in its largest single-day percentage gain since late February. The surge pushed its market capitalization to over $6.3 billion.
Shares of Bloom Energy fell as much as 12% on Wednesday after a report from short seller Hunterbrook challenged the company's statements about its supply chain, particularly its reliance on the rare earth element scandium from China.
OpenAI has announced the release of GPT-Live, a new family of voice models capable of listening and speaking simultaneously. The company is rolling out two versions, GPT-Live-1 and GPT-Live-1 mini, to users globally.
Spain's benchmark IBEX 35 index fell sharply on Wednesday, closing down 3.01% amid broad-based losses. The downturn was led by poor performance in the financial services, consumer goods, and consumer services sectors.
