Author: MNK News

To scale, crypto must focus on reliable, regulated payment infrastructure. Observer Labs Stablecoins processed over $27 trillion in payments during 2024, prompting regulators worldwide to rush to create clear rules. In the span of just 12 months, the U.S. passed the GENIUS Act, the E.U. implemented MiCA and Hong Kong launched its own licensing regime. Regulatory uncertainty around payments has collapsed from 85 percent to 25 percent in two years. In that same period, other crypto sectors remained stuck in legal quicksand, spending their energy fighting regulators instead of serving users. Today, over 85 percent of payment companies view stablecoin…

Wilpers spoke with ATN about his Fitness Recovery Challenge with Core Power, which spotlighted simple, sustainable ways to recover Peloton instructor and endurance coach Matt Wilpers recently partnered with Core Power on a 12-Day Fitness Recovery Challenge, which the fairlife protein brand promoted on its Instagram. Each day delivered a prompt around movement, nutrition or mindfulness to reinforce that the 30-minute post-workout window is prime time for recovery. “One of the goals people continue to forget about is the 150 minutes of cardio a week that the CDC and the American Heart Association recommend of moderate intensity exercise plus two…

Elon Musk’s artificial intelligence startup, xAI, has raised $20 billion in its latest funding round, with AI hardware powerhouse Nvidia leading the investment. Bloomberg reports that Elon Musk’s xAI has successfully raised $20 billion in its latest funding round. The financing, which includes both equity and debt, was led by Nvidia, the leading chipmaker in the AI sector. The funding round, initially reported to be half the amount, has grown in size as xAI seeks to accelerate its AI investments and development. The funding will be split between $7.5 billion in equity and up to $12.5 billion in debt through a…

October Prime Day is in full swing, and as always, we’ve put together a list of the best, most-discounted extra storage options for consoles and gaming PCs. Our guide to the top storage deals is split into three categories — tiny microSD cards (including a few compatible with the Nintendo Switch 2), portable external SSDs and generally faster (but more labor-intensive) internal SSDs. Whether you’re building a gaming rig or just want to stop your PS5 from lagging, there’s almost certainly a deal for you on our curated list. Take a look now to see what kind of extra storage…

WASHINGTON (AP) — President Donald Trump on Wednesday said the Illinois governor and Chicago mayor, both Democrats, should be jailed as they oppose his deployment of National Guard troops for his immigration and crime crackdown in the nation’s third-largest city. The officials said they would not be deterred.The Republican president made the comment in a social media post, the latest example of his brazen calls for his opponents to be prosecuted or locked up — a break from longtime norms as the Justice Department traditionally has strived to maintain its independence from the White House.Trump wrote on Truth Social that…

A sudden 4,455% spike in $XRP’s hourly liquidation imbalance just wiped out $8.14M in bullish bets, and the market’s feeling it Coming right after $XRP briefly surpassed BlackRock in market cap, the drop shows just how fragile sentiment remains in Uptober’s volatile environment run. As risk-off sentiment spreads, some traders are already seeking the next breakout opportunities in top altcoins to buy, such as Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and Aster ($ASTER). XRP’s Liquidation Shock $XRP’s recent move was a complete wipeout. According to Coinglass data, long positions fueled the liquidation imbalance, with bulls losing nearly $25M in 24…

The XRP community’s attention has been drawn to a $600 million transfer, which has sparked speculation about its potential impact on the altcoin’s price. The transfer notably originated from a Ripple wallet address, further fueling speculations that the crypto firm is dumping on retail investors.  $600 Million in XRP Tokens Moved by Ripple Spark Speculation Whale Alert data shows that Ripple moved 200 million XRP ($610 million) from one of its wallets, sparking speculation that the crypto firm was looking to offload these coins. Moreover, the transfer comes as XRP struggles to hold above the psychological $3 level, suggesting that…

After a hearing that lasted two weeks, the DOJ and Google have concluded their arguments over how to address the company’s illegal monopoly in advertising software. The U.S. District Court for the Eastern District of Virginia saw the conclusion of the remedies phase of the ad tech antitrust case against the Google, where the DOJ and the internet giant presented their cases on how to best remedy the tech giant’s monopoly over the online advertising market. The hearing stems from an April ruling by Judge Leonie M. Brinkema, who found that Google had illegally built a monopoly over publisher tools…

In brief Gemini users in Australia can now trade directly in AUD through local banking integrations following its official registration with the country’s anti-money laundering watchdog. The move coincides with draft legislation that would bring crypto exchanges under the Corporations Act. Gemini has appointed James Logan as Head of Australia to lead local strategy and partnerships. Crypto exchange Gemini announced on Wednesday that it is bolstering its services in the island nation after securing formal registration with the country’s anti-money laundering regulator, as new rules governing crypto exchanges are set to take effect.Gemini’s local entity, Gemini Intergalactic Australia, Pty Ltd,…

In brief Gemini users in Australia can now trade directly in AUD through local banking integrations following its official registration with the country’s anti-money laundering watchdog. The move coincides with draft legislation that would bring crypto exchanges under the Corporations Act. Gemini has appointed James Logan as Head of Australia to lead local strategy and partnerships. Crypto exchange Gemini announced on Wednesday that it is bolstering its services in the island nation after securing formal registration with the country’s anti-money laundering regulator, as new rules governing crypto exchanges are set to take effect.Gemini’s local entity, Gemini Intergalactic Australia, Pty Ltd,…