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In brief Luxor Technology raised $16 million in a strategic round led by CMT Digital, with participation from Canaan, MicroBT, Halo, Steelhead and angels, to scale its push into AI computing power. The raise follows the September launch of Luxor AI, which extends Luxor’s Bitcoin-mining stack—energy, hardware, software and trading—into AI. Funds will scale its cloud platform, AI hardware business and compute-derivatives desk, fitting a broader miner-to-AI pivot. Luxor Technology, a company that built its business around Bitcoin mining, has raised $16 million to expand into the fast-growing market for AI computing power, the latest sign of crypto infrastructure firms…

In brief The OCC has granted Ripple final approval to open Ripple National Trust Bank, 10 months after conditionally approving the charter in December 2025. The bank will manage the reserves backing Ripple’s RLUSD stablecoin, act as collateral trustee for holders, and offer fiduciary digital asset custody. The approval comes as community banks challenge the OCC’s crypto charters in court, after Sen. Elizabeth Warren called them illegal. Ripple has received final approval from the Office of the Comptroller of the Currency to establish Ripple National Trust Bank, a federally supervised national trust bank, the company said on Monday.The approval completes…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strategy’s common shares returned 77.4% between June 26 and October 23, 2026, outperforming four of the company’s preferred securities, according to a performance chart shared by executive chairman Michael Saylor. The comparison comes as Strategy continues repurchasing preferred shares and prepares for a shareholder vote on a proposal to change the frequency of dividend payments. TL;DR MSTR leads the comparison: Strategy’s common stock returned 77.4% over the measured period. Preferred securities also gained: STRC returned 38.6%, STRD 35%, STRK 32.6%, and STRF 22.9%, including dividends without reinvestment.…

In brief Polymarket priced Lula at about a 20% chance of victory before Brazil’s presidential election on Sunday, but beat Flávio Bolsonaro to win a fourth term. One whale blamed retail traders for propping up Bolsonaro’s odds, while other experts pointed to Brazil’s prediction market ban. Ultimately though, experts say that something with an 80% chance of happening won’t happen 20% of the time—and this just might be that time. Prediction markets got the results of Brazil’s presidential election wildly wrong, with Polymarket putting Luiz Inácio Lula da Silva’s chances at just 20% before election day, when he ultimately won…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tech investor Chamath Palihapitiya, once a loud Bitcoin bull, now says the asset is capped and will eventually be hacked and fall to zero. TL;DR He cites a limited pool of buyers, security risks from leaked ownership data, and AI-driven attacks on cryptography. He says he no longer holds crypto directly, having swapped his bitcoin for equity in Digital Currency Group. BTC trades near $81,500, roughly 26% below its level a year ago. A Prominent Bull Changes Sides Few voices in tech investing carry the reach of…

In brief Cathedral says AI agents found paths into Anthropic’s internal systems in less than 12 hours by exploiting weaknesses in third-party administrative and sales software. Anthropic confirmed access to a limited set of sales, HR and IT systems, but says customer conversations, Claude responses, source code and model weights were not reached. Anthropic says Cathedral overstated the national security implications and did not disclose all of its testing; Cathedral says it kept data access to the absolute minimum. Researchers at a cybersecurity startup said AI agents found paths into Anthropic’s business systems in less than 12 hours, according to…

In brief Unitree shares have risen about two-thirds since Oct. 15, closing at 672 yuan on Monday and lifting the Chinese robot maker’s market value to 271.8 billion yuan ($40.8 billion). Founder Wang Xingxing said at an Oct. 22 conference that large models will break through in physical AI within one to three years, and that OpenAI’s GPT-6 Astra can already direct robots with zero training. JPMorgan upgraded Unitree to overweight from underweight on Oct. 26 and raised its price target. Shares of Chinese robot maker Unitree Robotics have jumped more than 60% since Oct. 15, lifting its market value…