Author: MNK News

Fannie Mae (FNMA) is set to soon begin accepting cryptocurrency-backed mortgages, according to an announcement on Thursday from mortgage originator Better Home & Finance (BETR) and the crypto exchange Coinbase Global (COIN). Shares in Better Home surged by as much as 12% after the announcement before pulling back slightly, while Coinbase traded down by roughly 1.1%. Mortgage-backed securities giant Fannie Mae slid by roughly 4.6% in the over-the-counter market, according to Yahoo Finance data. A new product launched by the two companies will allow individuals to originate mortgages with Better Home that conform to Fannie Mae standards while using bitcoin…

X Pro, the feature most users would recognize as TweetDeck, has been removed as a benefit of the social network’s Premium subscription. It is now only part of the Premium+ tier, which costs $40 a month.TweetDeck was rebranded to X Pro in 2023 following Elon Musk’s renaming of Twitter to X. It became a subscription feature shortly after. The tool offered a popular interface for showing multiple timelines, feeds and lists in a single interface.Engadget staffers using X Pro at the Premium level didn’t find any advanced notice that the feature would be changing subscription tiers, so people may be…

The Ethereum Foundation brought together some of the world’s most influential financial players in New York City for an exclusive, invitation-only institutional forum on how traditional finance is engaging with ETH. This gathering signals a growing focus on bridging the gap between decentralized technologies and traditional finance, as major players increasingly explore blockchain integration. Institutional Participation Signals Growing Confidence In Ethereum The Ethereum Foundation hosted a high-level invite-only institutional forum in New York City, drawing participation from hundreds of banks, asset managers, and infrastructure providers representing a combined $250 trillion in assets under management (AUM). An investor known as Milk…

By Isabelle Lee | Bloomberg Crypto is moving deeper into the U.S. financial system — this time through the mortgage market. Better Home & Finance Holding Co., a mortgage company, and Coinbase Global Inc. are launching a product that links digital assets to down payments on Fannie Mae-eligible home loans. The structure allows borrowers to pledge Bitcoin and Circle Internet Group Inc.’s USDC stablecoin as collateral for a separate loan used to fund the down payment, rather than selling those assets to raise cash. Also see: More rules coming for Fannie Mae, Freddie Mac condo approvals The offering arrives as digital…

Breitbart News social media director Wynton Hall’s new book, Code Red: The Left, the Right, China, and the Race to Control AI, has rocketed up to #13 on the New York Times‘ best seller list in its first week available to the public. In CODE RED, Hall lays out a blueprint for how conservatives can build effective policies around AI, addressing topics that range from the technology’s impact on elections and the economy to faith and family. Importantly, the book rejects both “Doomer” mentality and unrestrained enthusiasm for artificial intelligence, treating the technology as neither an apocalyptic evil nor as a flawless…

Netflix is raising prices across all of its subscription tiers, according to an updated “Plans and Pricing” page spotted by Android Authority. The company last raised prices in January 2025, when the cost of all of its tiers were jacked up by $1 or more.As of this latest price hike, Netflix’s ad-supported Standard plan is going from $8 per month to $9 per month, while the ad-free version is rising from $18 to $20 per month. The company’s Premium plan, meanwhile, which supports things like 4K streams, spatial audio and the ability to watch content on four devices at the…

Zing Coach and Les Mills are partnering in what could be a test case for whether AI fitness apps can become a pipeline to the gym floor Les Mills built its empire on the energy of group fitness crowds with thumping music and programming that pushes you right to the max before giving you a brief reprieve. Now it’s going personal, partnering with Palta-backed Zing Coach to bring its programs to Zing Coach app users who have become accustomed to the app’s adaptive AI, which offers real-time form tracking and body composition analysis among its features. Zing Coach raised $10…

Bitcoin’s next move is one of the most debated questions in the market right now. One side sees the current price structure as a base for a push to new all-time highs, pointing to strength around $70,000 and repeated rebounds above this price level. Another camp believes the recent action is only a pause within a broader downtrend, with more range consolidation and lower levels still ahead before any real rally begins. That divide is exactly where expert analyst Tony Severino steps in with a very cautious outlook. According to the crypto trading expert, Bitcoin might not see a rally…

Check out what’s clicking on FoxBusiness.com. White House AI and crypto czar David Sacks was appointed as co-chair of the President’s Council of Advisors on Science and Technology (PCAST), expanding his role within the Trump administration. President Donald Trump established PCAST through an executive order on Wednesday, aimed at bringing together leading figures in science and technology to advise the president and strengthen U.S. leadership in those fields.The new role positions Sacks to oversee a broader range of technology issues and deepen the White House’s engagement with major tech companies. “We’ve accomplished a lot in the first year, but the…

A New Mexico jury has ruled that Mark Zuckerberg’s Meta must pay $375 million in civil damages after finding the social media giant violated state law by failing to protect children from predators on its platforms. CNBC reports that the verdict delivered on Tuesday marks a significant legal defeat for Meta, the parent company of Facebook and Instagram, following a civil trial in Santa Fe that began with opening arguments last month. The jury deliberated starting Monday before reaching their decision that Meta willfully violated New Mexico’s unfair practices act. The case was brought by New Mexico Attorney General Raúl…