2+ hour, 2+ min ago (466+ words) Japan's FSA to Require Crypto Exchanges Hold Liability Reserves for Losses Relating to Hacks Japan's financial regulator is moving to mandate that crypto exchanges in the country maintain liability reserves to protect customers from losses stemming from hacks and security breaches. The Financial Services Agency plans to submit legislation to parliament in 2026 that would require exchanges to set aside reserves for compensating customers in the event of losses from cyberattacks or other incidents, The Nikkei reported on Monday." The proposed system would mirror requirements for traditional securities firms, which currently hold reserves ranging from $12.7 million to $255 million (2 billion to 40 billion) depending on trading volume. While exchanges currently avoid reserve requirements by storing customer funds in offline cold wallets, the new framework would scrap that exemption and create formal procedures for returning assets in a bankruptcy, including allowing court-appointed administrators to…...

6+ hour, 32+ min ago (424+ words) Bitcoin Heist: Family Members Waterboarded, Sexually Assaulted as Attackers Steal $1.6 Million A sentencing decision in the Provincial Court of British Columbia this month revealed the graphic details of a 2024 attack in which the victims were bound, waterboarded, and sexually assaulted'all in an effort to steal the family's Bitcoin holdings. The "wrench attack," or physical attack in which an assailant attempts to gain access to a victim's cryptocurrency, took place on April 27-28, 2024." During the home invasion, four men unlawfully entered the victims' home, first gaining access when two of the men dressed as Canadian Post workers sought a signature for a fake package. After entering the home, the men then closed the door behind them, and were later joined by two others. Once inside, the victims'a husband, wife, and daughter'were restrained with zip ties." They were then threatened and beaten as…...

6+ hour, 38+ min ago (365+ words) SEC Clears Fuse Energy Token in Win for US Crypto "Regulatory Clarity" Fuse Crypto Limited, an energy-technology company that operates distributed-energy programs across the U.S. and Europe, received a key regulatory boost on Monday after the SEC said it would not pursue enforcement over the firm"s planned rewards token. In a response to Fuse"s November 19 no-action request, the SEC"s Division of Corporation Finance said it would not object if Fuse offers and sells its ENERGY token without registration, provided the company adheres to the structure described in its submission." While the SEC stressed that its view is contingent on Fuse maintaining the token structure described in its submission, the decision offers one of the clearest examples yet of the regulator distinguishing a loyalty-style digital token from an investment product. "This landmark is the result of months of productive…...

7+ hour, 17+ min ago (797+ words) Trump Signs 'Genesis Mission' Executive Order to Use AI to Supercharge US Innovation President Trump signed an executive order on Monday that establishes the "Genesis Mission," a national AI-for-science initiative that officials described as the largest federal research effort since the Manhattan Project. The order also creates a centralized system called the American Science and Security Platform. The Department of Energy said the platform would link supercomputers, secure cloud AI environments, scientific datasets, simulation tools, and automated laboratory systems to support model training and AI-directed experimentation. Officials from the White House Office of Science and Technology Policy and the Department of Energy said the Genesis Mission aims to cut research timelines "from years to days or even hours" by combining federal data with neural networks trained to generate predictions, direct experiments, and run simulations. They said the program would preserve…...

8+ hour, 7+ min ago (430+ words) Bitcoin Rebounds Above $88K'Will It Last? Bitcoin is flashing signs of a revival after extending gains from weekend trading. The top crypto is hovering near $87,600, up roughly 2.5% from its weekend low of $85,550, according to CoinGecko data." The move can be partially attributed to declining seller momentum, which remains oversold but shows early signs of exhaustion, according to an update from Glassnode on Monday." The stabilizing open interest, muted spot activity, and persistent exchange-traded fund outflows indicate "a shift from aggressive selling to a more orderly de-risking phase," analysts for the crypto intelligence platform wrote. An overnight uptick in the spot cumulative volume delta amid a flattening Coinbase premium hints at spot buying and a decline in seller activity, according to market theory. The more optimistic outlook is also reflected in the options market." Experts previously mentioned sustained put buying, or…...

9+ hour, 49+ min ago (563+ words) Musk Says Real-World Data From X and Tesla to Drive AGI Efforts Elon Musk said his AI company xAI assigned a 10% probability to achieving artificial general intelligence with its upcoming Grok 5 model, arguing that progress toward human-level reasoning would depend on live data rather than the static training sets used by rival labs. He claimed during a recent interview at the Baron Investment Conference that xAI's data access from X is its primary competitive edge. "Grok 5 is the first time where I thought, well, we have a non-zero chance of achieving artificial general intelligence, not that it's a high chance," Musk said. Artificial general intelligence, or AGI, describes systems that can match or exceed human reasoning across any task, not just the narrow jobs current models like ChatGPT, Claude, or Grok can handle. Musk has previously predicted AGI could emerge…...

10+ hour, 46+ min ago (356+ words) 'Assassin's Creed' Maker Ubisoft Unveils Game Powered by Generative AI Ubisoft, the gaming giant behind such franchises as Assassin's Creed and Just Dance, has revealed its first playable game powered by generative AI, called Teammates. Following Ubisoft's Neo NPC experiment from last year, this project aims to deepen player immersion through natural speech interactions, using generative AI to power real-time voice commands that the company says makes for more dynamic gameplay." Set in a dystopian future, players navigate a first-person shooter scenario as a resistance member searching for five missing teammates in an enemy base. The experimental level features three AI-powered characters: Jaspar, an AI voice assistant, and two NPC squad members, Sofia and Pablo. Today we're unveiling Teammates, an AI-driven research project exploring how new tech can deepen the player experience. " Ubisoft (@Ubisoft) November 21, 2025 Jaspar functions as more than…...

12+ hour, 17+ min ago (436+ words) Why Analysts Are Split on Bitcoin Miner MARA's Prospects Two investment banks are split over how top American Bitcoin miner MARA Holdings will perform, with JPMorgan slashing its most recent price target but Compass Point analysts upgrading its rating in separate notes on Monday." The JPMorgan analysts cut their December 26 price target for the top Nasdaq-listed miner from $20 to $13, noting that the dramatic fall of Bitcoin's price had reduced the value of the company's massive BTC holdings, while Compass Point highlighted the company's solid fundamentals." The differing views came as Bitcoin miners have been hard-hit in recent weeks, along with other crypto-focused stocks that have been stung by a dramatic downturn in crypto markets. MARA shares, inched up over $10 per share Monday morning, but have nosedived by about 43% over the past month, according to Yahoo Finance data." Bitcoin was recently…...

12+ hour, 21+ min ago (370+ words) Rumble Stock Jumps After Stablecoin Giant Tether Buys 1 Million Shares Shares in publicly traded video streaming platform Rumble are up more than 14% on Monday amid news that stablecoin giant Tether acquired another 1 million shares in the firm, valued around $5.75 million at the time of Friday's disclosure. Data pulled from a recent SEC filing for Tether Holdings shows the firm acquired 1,063,670 additional shares of RUM in three separate transactions last week, at prices ranging between $5.38 and $5.46." USDT issuer Tether now owns nearly 104.4 million Rumble shares based on available SEC filings, valuing its stake in the video firm around $680 million as RUM recently changed hands at $6.51." Last year, Tether announced it would invest $775 million in the YouTube rival, granting it more than 103 million shares at $7.50 apiece. RUM also spiked at the time of that announcement, moving as high as $10.57, or around a…...

13+ hour, 10+ min ago (434+ words) Bitcoin Giant Strategy Skips Bitcoin Buy With Stock Down 67% From Peak Strategy typically starts the week by highlighting the amount of Bitcoin that recently was added to its stockpile, yet the company was unusually silent on Monday. The Bitcoin-buying firm stopped purchasing the asset for the first time in several weeks, as its stock price hovered near a 14-month low, according to TD Cowen Analyst Lance Vitanza. "We found out this morning that Strategy did not issue any securities under any of its ATMs, nor did it purchase any incremental Bitcoin," Vitanza shared in an email, referring to at-the-money offering programs allowing Strategy to issue preferred and common shares. Strategy shares rose 5% on Friday to $179, according to Yahoo Finance. Over the past month, the company's stock price has fallen 38%, as Bitcoin's price has retreated from all-time highs. The company's shares…...