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Momei Qu, head of venture at PSP Growth, says Goldman Sachs and JPMorgan are becoming artificial intelligence (AI) stocks. Financing and deal work tie them to the buildout, though earnings do not show it yet. Qu told Bloomberg’s The Close the link...

Major US banks report third-quarter earnings this week after a SpaceX-fueled first half. Bloomberg Intelligence analyst Herman Chan says Anthropic’s expected initial public offering (IPO) should help big banks in the fourth quarter. However, Chan...

Binance-affiliated companies are suing RedotPay’s three co-founders for $472.8 million. They say users topped up RedotPay cards with money from Binance accounts, which the two firms had agreed to keep apart. RedotPay pitched that same top-up feature...

BitcoinWorld Binance Affiliates Sue RedotPay Co-Founders for $472.8M Over Alleged Bypass Payments Binance-affiliated entities, including Nest Trading, have filed a $472.8 million damages lawsuit against the co-founders of stablecoin payments firm...

BitcoinWorld Aave Chan Initiative Ceases Operations After Governance Clash with Aave Labs Marc Zeller, founder of the Aave Chan Initiative (ACI), a prominent governance group within the Aave (AAVE) ecosystem, has announced that the organization is...