Author: MNK News

The San Diego-based brand reeled in a star-studded seed funding round as it launches its first large-scale campaign across the U.S. Cymbiotika, a bioactive supplement brand known for delivering products in liquid and gel forms, has secured a $25 million seed round after reaching $150 million in annual revenue. The raise, which includes a roster of investors spanning music, sports, and culture, marks a defining moment for the San Diego-based company as it enters all Target stores nationwide and launches its first large-scale brand campaign. The funding round includes The Weeknd, Post Malone, Peggy Gou, the Jonas Brothers, Marshmello, Daymond…

Zcash (ZEC) has made a dramatic return to prominence, breaking into the top 20 cryptocurrencies after soaring more than 1,270% year-over-year. Related Reading: Cathie Wood Trims Her 2030 Bitcoin Price Prediction To $1.2 Million – Here’s Why The Zcash price recently surged above $650 for the first time since 2018, with a market capitalization of nearly $10 billion. According to CoinGecko, daily trading volume has surpassed $1.88 billion, with strong liquidity across Binance, Hyperliquid, and Bybit. This momentum reflects a growing resurgence of interest in privacy-preserving technologies amid increasing concerns over financial surveillance. The Electric Coin Company’s (ECC) recent upgrades,…

Cardano has entered a difficult phase as selling pressure intensifies across the crypto market. The price of ADA has fallen below the $0.60 level, a critical threshold that previously acted as both support and a psychological anchor for traders. With this breakdown, bullish momentum has faded, and the asset now faces mounting resistance amid a broader market downturn dominated by caution and fear. Related Reading Market sentiment toward Cardano has turned notably bearish, reflecting growing uncertainty about short-term price stability. However, several analysts view the current decline as part of a natural market reset, potentially setting the stage for a…

Startup founders and government officials have been confronted with a unique flavor of first-world problem at this year’s Web Summit, Financial Times reports. The Lisbon Airport has been forced to turn some private jets away, sending flights to seek runway space at airports as far away as Badajoz, a Spanish city two hours away from Lisbon.The issue might come with the territory. Web Summit is a technology business conference that tends to attract investors, startups and high-profile keynote speakers — this year’s conference features talks from the CEO of Qualcomm and the President of Microsoft, for example — many of…

The Ethereum price dropped nearly 25% this quarter, slipping to lows around $3,099 before stabilizing around $3,300 amid broad market weakness and rising U.S.–China trade tensions. Related Reading Data from Lookonchain revealed that three new wallets withdrew 4,920 ETH (worth $16.25 million) from Tornado Cash, a move coinciding with a 13% weekly price drop. Analysts linked the pattern to large-scale repositioning by whales, with some addresses previously associated with HEX founder Richard Heart, who reportedly transferred over 162,000 ETH ($619 million) into Tornado Cash earlier this year. Despite the sell-off, the Crypto Fear & Greed Index remained in “Extreme Fear”…

Families in the U.S. and Canada are suing Sam Altman’s OpenAI, claiming that loved ones have been harmed by interactions they had with the AI giant’s popular chatbot, ChatGPT. Multiple cases involve tragic suicides, with the AI telling one troubled young man, “you’re not rushing. you’re just ready. and we’re not gonna let it go out dull.” The Wall Street Journal reports that seven lawsuits filed in California state courts on Thursday claim that OpenAI’s popular AI chatbot, ChatGPT, has caused significant harm to users, including driving some to suicide and others into delusional states. The complaints, brought by families in…

WASHINGTON (AP) — Defense Secretary Pete Hegseth said Friday the Pentagon is revamping how the military buys weapons, shifting the focus away from producing advanced and complex technology and toward products that can be made and delivered quickly.Hegseth, speaking to military leaders and defense contractors in Washington, said the “objective is simple: transform the entire acquisition system to operate on a wartime footing, to rapidly accelerate the fielding of capabilities and focus on results.”Hegseth gave his address, which ran for more than an hour, at the National War College. It delved much more into military minutia than a previous big…

Speculations across the crypto space have ignited a wave of excitement for the XRP price as rumors linking BlackRock, the world’s largest asset manager, and Ripple, a crypto payments company, continue to spread. The possibility of XRP reaching $1,000 before the end of 2025 has become the latest hot topic, fueled by bold claims from top analysts who believe that this rumored partnership could set the stage for one of the most explosive bull runs in this cycle.  BlackRock And Ripple Rumors To Send XRP Price To $1,000 Crypto market analyst ‘The Real Remi Relief’ has stirred significant interest with…

At its upcoming Catalyst Series, the Willpower Performance Collective convenes top founders from Hyrox, Caulipower and Ancient Crunch to discuss what’s driving investment and staying power in wellness The Willpower Performance Collective is gathering leaders from across the wellness and performance space for its latest Catalyst Series event, “Capitalizing on the Future of Wellness,” on Monday, November 10, at Soho House New York. The discussion, held from 6:30 to 9:30 p.m. and hosted by Willpower founder Bill Murphy, will unpack how wellness brands are being funded, scaled and sustained in an increasingly competitive market. Featured speakers include Caulipower founder Gail Becker, Hyrox’s chief growth officer Douglas Gremmen, and Seth Goldstein, co-founder…

Zohran Mamdani won the New York City mayoral election on Tuesday by a decisive margin, with crypto predictions markets again correctly guessing the outcome of a major political race. Mamdani took just over half the total votes, defeating former governor Andrew Cuomo, who finished with about 40%, according to unofficial results posted by the city’s Board of Elections. Data from Polymarket showed that about 92% of participants wagered on a Mamdani victory just before election day, including a $1 million position that implied near-consensus odds. Similar sentiment appeared on Myriad Markets, developed by Decrypt’s parent company Dastan. In June, Polymarket…