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Rumours of Ripple IPO talks resurface despite Monica Long’s denial

Ripple, the blockchain payments and infrastructure company behind XRP, has once again become the focus of IPO speculation. Recent claims circulating among crypto observers suggest the company could be engaging in late-stage discussions for a potential public offering in 2026. These claims come despite clear statements from Ripple’s leadership that the company has no immediate

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Business

Polymarket confirms user accounts breached via third-party authentication vulnerability

Polymarket has recently confirmed that several of its users were affected by a security breach, which it says was due to a vulnerability in a third-party authentication service. The Polymarket team has officially acknowledged the incident that several users had been reporting over the past week, prompting renewed concerns about account safety. Polymarket users report

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Business

Sanofi to acquire Dynavax for $2.2B, sending shares higher by 37%

Shares of Dynavax Technologies jumped sharply in premarket trading on Wednesday after the US vaccine maker agreed to be acquired by French pharmaceutical group Sanofi in an all-cash deal valued at about $2.2 billion. Sanofi said it will pay $15.50 per share for Dynavax, representing a premium of roughly 39% to the company’s closing price

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Business

Why Italy is stepping in over Meta’s AI ambitions on WhatsApp

Italy has become the latest European regulator to challenge how Big Tech is integrating artificial intelligence into widely used digital platforms. This week, the country’s antitrust authority ordered Meta Platforms to suspend certain WhatsApp contractual terms while it investigates whether the company abused its dominant position. The case centres on AI chatbots and whether recent

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Business

Curve DAO rejects proposal for $6.2M allocation to Swiss Stake

The Curve DAO community has rejected a proposal that sought to provide significant financial backing to its main development entity, Swiss Stake. The vote marks the latest governance decision within the Curve Finance ecosystem and comes as the protocol’s native token continues to show resilience around the $0.37 level. According to details from the vote,

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Business

MSTR stock at risk as a key MicroStrategy metric approaches a negative zone

The Strategy stock price continued its freefall this month and is now hovering at its lowest level since September last year. MSTR stock has plunged by over 70% from its highest level in 2024, even as the S&P 500 and the Nasdaq 100 indices jumped to a record high. Strategy enterprise NAV is about to

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Business

Why US sanctioned former EU official, 4 others; what it says about transatlantic tech rift

The United States has sharply escalated its confrontation with Europe over digital regulation, imposing visa sanctions on former European Union officials and leaders of anti-disinformation groups in a move that has drawn swift condemnation from across the Atlantic. The sanctions, announced on Tuesday by the US State Department, target a former senior EU official and

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Business

GLP-1 weight-loss pills set to reshape US food demand in 2026

Analysts predict packaged food manufacturers and fast-food eateries may be pushed to alter more of their goods next year when newly licensed appetite-suppressing GLP-1 tablets become accessible in January 2026. The decision comes as more Americans are likely to try the medications in pill form rather than injections, owing to the lower cost and many

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Business

Ethereum price faces stiff resistance amid ETF outflows

Ethereum’s price has struggled to break above the $3,000 level over the past week, weighed down by continued outflows from spot Bitcoin and Ethereum exchange-traded funds. That pattern has persisted into this week, with both BTC and ETH funds seeing redemptions as investors adjust portfolios toward year-end. Against this backdrop, Ethereum remains range-bound below the

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Business

US stocks hold steady on Christmas Eve as investors watch Santa Claus rally

US stocks held steady on Christmas Eve, with the broad market opening virtually flat. The Dow edged marginally higher, while the Nasdaq Composite matched the S&P’s sluggish performance in a shortened trading session marked by thin holiday volumes and cautious investor positioning heading into the year-end break. The S&P 500 closed at an all-time high

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