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Big Tech faces financial reckoning if human-level AI doesn’t happen soon

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2 years ago

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Sequoia Capital says the industry needs to make about $600 billion in profit before the current expenditures start to make sense.

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Wells Fargo and five others object to OKX-ICE tokenized stock listings: Report

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22 hours ago

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October 23, 2026

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As of Friday, 22 companies had filed objections as part of the joint venture’s proposed tokenized stock platform under the SEC’s innovation exemption.

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IRS plans lower tax disclosure penalties, including for crypto: Forbes

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23 hours ago

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October 23, 2026

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The US tax agency is targeting faster resolutions and more flexible payment options for taxpayers voluntarily disclosing past tax violations under a planned program overhaul.

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Initia halts blockchain after exploit reportedly drains over $2.6M

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1 day ago

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October 23, 2026

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The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.

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