OpenAI Buys Orchestra Bio to Put AI Agents in Charge of Drug Development Grunt Work
In brief OpenAI acquired Orchestra Bio, a startup whose AI agents track drug development programs, and will merge its team...
Cryptocurrency
Utah AG sues Kalshi, pursues profits from prediction market company
Update (Oct. 20, 9:53 pm UTC): This article has been updated to include a statement from Kalshi.Utah Attorney General Derek...
JPMorgan Puts a Number on Bitcoin for the First Time: 10% a Year, With a Big Caveat
In brief J.P. Morgan Asset Management projected a 10% compound annual return for Bitcoin over 10 to 15 years, its...
U.S. CFTC sets agenda for AI forum, exploring trading and agentic finance
The U.S. Commodity Futures Trading Commission released the agenda for its first "Frontier Forum" event next week, hosted by the...
Wallet Linked to Drift Exploit Sends $61 Million in Ethereum to Tornado Cash
In brief Wallets tied to the April 1 Drift exploit deposited 25,700 Ethereum, worth about $61.56 million, into Tornado Cash...
Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops
Bitwise Asset Management and the Hyperliquid Policy Center are pressing the US Securities and Exchange Commission (SEC) to revise its...
Microsoft, Alphabet, Goldman Sachs Join Growing List of Companies Objecting to Tokenized Stocks
In brief Microsoft, Alphabet, Goldman Sachs, Qualcomm, Caterpillar, McDonald’s and Western Digital have objected to trading of their shares on...
Crypto’s 2026 shutdown wave claims 82 projects. What went wrong?
Crypto researcher Stacy Muur has identified 82 digital asset projects and protocols that have reportedly shut down in 2026, raising...
Swiss Regulator Approves First Retail Fund That Holds Bitcoin Directly
In brief Switzerland's financial regulator FINMA announced Oct. 20 that it approved the country's first retail exchange-traded fund that invests...
Bitcoin ETFs Post Their Best Day in Nearly a Month as BlackRock Does All the Buying
In brief U.S. spot Bitcoin ETFs drew $526.7 million on Oct. 19, the largest single-day inflow since the $714.7 million...