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Bithumb Accidentally Sends 2,000 BTC-Users Instantly Dump the Market
platodata60d ago

Bithumb Accidentally Sends 2,000 BTC-Users Instantly Dump the Market

Bithumb mistakenly credited 2,000 BTC to users instead of a small reward, triggering rapid sell-offs and a sharp price drop on the exchange. A reported internal error at South Korea-based crypto exchange Bithumb led to an unexpected market disruption after users received Bitcoin by mistake. Instead of a small rewards payout, the exchange reportedly distributed [...]

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Boards of PFC, REC give nod to merger
toi60d ago

Boards of PFC, REC give nod to merger

The boards of Power Finance Corporation (PFC) and REC have given in-principle approval for their merger, aiming to strengthen the public sector NBFC structure. This move follows Finance Minister Nirmala Sitharaman's Budget announcement to restructure these entities for improved efficiency and scale. The combined entity will retain its status as a government company.

#STOCKS
Bitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off Risk
bitcoinworld60d ago

Bitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off Risk

BitcoinWorldBitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off RiskNew data reveals a critical juncture for Bitcoin’s infrastructure. According to Marathon Digital Holdings’ Q3 2025 report, the average cost to mine a single Bitcoin reached approximately $67,704. This development creates substantial pressure on network security and market stability. Consequently, industry analysts now warn of potential sell-off risks that could impact the broader cryptocurrency ecosystem. [...]This post Bitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off Risk first appeared on BitcoinWorld.

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India and US Forge Path with New Interim Trade Agreement
devdiscourse60d ago

India and US Forge Path with New Interim Trade Agreement

India and the United States announced a significant breakthrough in trade relations forming a framework for an interim trade agreement that safeguards sensitive agricultural and dairy products in India while reducing US tariffs on Indian goods from 50 to 18

#ECONOMY
Donald Trump Reacts to Dow Topping 50,000 for First Time Ever
biztoc60d ago

Donald Trump Reacts to Dow Topping 50,000 for First Time Ever

President Donald Trump spoke out after the U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.The S&P 500 rising 2% for its biggest gain since May. The Dow Jones Industrial Average...

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Tata Steel profits up 9x on improved sales
toi60d ago

Tata Steel profits up 9x on improved sales

Tata Steel's Q3FY26 profit soared multifold to Rs 2,730 crore, driven by a 14% surge in domestic delivery volumes, marking a first with over six million tonnes. Despite weak steel prices, increased capacity utilization boosted revenue by 6% to Rs 57,002 crore. Recent import tariffs are expected to further support domestic producers.

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Applied Industrial Technologies (NYSE:AIT) VP Warren Hoffner III Sells 4,000 Shares
themarketsdaily60d ago

Applied Industrial Technologies (NYSE:AIT) VP Warren Hoffner III Sells 4,000 Shares

Applied Industrial Technologies, Inc. (NYSE:AIT – Get Free Report) VP Warren Hoffner III sold 4,000 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $288.62, for a total transaction of $1,154,480.00. Following the completion of the sale, the vice president owned 52,751 shares in [...]

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The Crypto.com guy bought AI.com (and a Super Bowl ad)
engadget60d ago

The Crypto.com guy bought AI.com (and a Super Bowl ad)

Kris Marszalek, CEO and co-founder of crypto and stock trading platform Crypto.com, has bought an expensive website. In this case it's AI.com, valued at one point at $100 million, which will serve as the online home for his new company of the same name. The website launch is being paired with a Super Bowl ad that will air this Sunday.AI.com's main offering is an AI agent that "operates on the user’s behalf — organizing work, sending messages, executing actions across apps, building projects, and more." It's a similar concept to what companies like OpenAI, Anthropic and Google are promising with their own agents and agentic features, and notably lacking in hard details. Users can make multiple agents with AI.com and have them do a variety of tasks — the company's press release mentions trading stocks and updating a dating profile, for example — while remaining permission-based and private. It's not clear if AI.com is offering its own AI models or licensing those offered by other companies, but clearly whatever it offers, both for free and via a planned paid subscription, will be flexible.Like Crypto.com's big push into the mainstream during late 2021 and early 2022, AI.com is arriving at a particularly hype-filled time in the AI industry. Anthropic's Claude Code and Claude Cowork tools have been taken up as evidence that AI might actually make people more productive, so AI.com's decision to push an agent of its own is timely. Of course, after Crypto.com's big Matt Damon ad in 2021, and Super Bowl ad in 2022, Bitcoin prices hit an all-time low in June 2022. Ironically, Marszalek's AI.com is also launching during a particularly nasty "crypto winter" which has lowered the price of Bitcoin to under $66,000, a steep drop from the $127,000 it cost in October 2025. That's not to suggest the AI.com CEO is a groundhog for deflating hype balloons. More likely, it's a sign that the future of AI could be as unpredictable and volatile as cryptocurrency. This article originally appeared on Engadget at https://www.engadget.com/ai/the-cryptocom-guy-bought-aicom-and-a-super-bowl-ad-234325394.html?src=rss

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Freeport-McMoRan (NYSE:FCX) Shares Up 2.3% – Should You Buy?
thelincolnianonline60d ago

Freeport-McMoRan (NYSE:FCX) Shares Up 2.3% – Should You Buy?

Freeport-McMoRan Inc. (NYSE:FCX – Get Free Report)’s share price was up 2.3% during mid-day trading on Friday . The stock traded as high as $61.01 and last traded at $60.60. Approximately 20,084,069 shares traded hands during trading, a decline of 19% from the average daily volume of 24,820,914 shares. The stock had previously closed at [...]

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Zone24x7 enters 2026 with strong momentum, reinforcing its role as an enterprise AI and automation partner
island60d ago

Zone24x7 enters 2026 with strong momentum, reinforcing its role as an enterprise AI and automation partner

Zone24x7 concluded 2025 with significant industry recognition, securing seven awards across three leading technology competitions—marking one of the strongest years in the company’s 22-year journey. The awards recognized the Industrial Vending Machine solution developed for a client in Australia. It earned both national and regional honors, including Second Runner-up at the Asia Pacific ICT Alliance [...]

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Staggering Justin Bieber NFT Loss: Bored Ape Plummets 99% from $1.3M Peak
bitcoinworld60d ago

Staggering Justin Bieber NFT Loss: Bored Ape Plummets 99% from $1.3M Peak

BitcoinWorldStaggering Justin Bieber NFT Loss: Bored Ape Plummets 99% from $1.3M PeakIn a stark demonstration of digital asset volatility, pop icon Justin Bieber’s high-profile foray into non-fungible tokens has resulted in a near-total financial loss, with his Bored Ape Yacht Club NFT’s value collapsing from a $1.3 million purchase to a mere $12,000 valuation today, January 2025. This precipitous decline of approximately 99% encapsulates the broader [...]This post Staggering Justin Bieber NFT Loss: Bored Ape Plummets 99% from $1.3M Peak first appeared on BitcoinWorld.

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