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Intel shares jump 6% after plan to spin off AI chip-making arm

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Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding. 

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Coin Market

Hyperliquid Strategies seeks futures registration for perps

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The HYPE treasury company spent $785 million on tokens during the quarter and wants to bring Hyperliquid-based perpetual futures to the US.

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Coin Market

Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool

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Zcash’s NU7 upgrade has rendered about $15 million in legacy Sprout funds unspendable, although a future network upgrade could potentially restore access.

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Bitcoin, Ether ETFs post $530M outflows as election gains evaporate

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US spot Bitcoin and Ether ETFs shed a combined $530 million Thursday as Bitcoin fell below $76,000 and US stocks tumbled.

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