In brief
Academic literature increasingly finds that crypto and equities are tightly intertwined, especially during periods of stress.
Studies find that crypto increasingly behaves like a high-beta tech sector.
An academic consensus is forming that crypto is now firmly embedded in the global ri

In brief
Cantor Fitzgerald cut its price target for Strategy's shares.
The investment bank's analysts are still bullish, however.
They identified one fear that is "somewhat warranted."
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An Indiana lawmaker introduced a bill requiring state-managed retirement funds to offer cryptocurrency investment options and restricting local governments from limiting digital asset usage. The bill aims to enhance investment choices while maintaining safeguards.

In brief
The DOJ wants Do Kwon to receive the full 12-year prison sentence allowed under the plea deal he signed in August.
Prosecutors say a lighter sentence would be unfair compared to Sam Bankman-Fried's 25-year prison sentence.
Kwon will be sentenced December 11 for two crimes: conspiracy t

In brief
Beeple's "Regular Animals" installation features robot quadrupeds roaming Art Basel, printing stylized images and dropping links to NFTs tied to blockchain-logged machine "memories."
Each robot uses a quadruped platform with sensors, cameras, and a dye-sublimation printer that churns

In brief
Cryptocurrency and stablecoins are increasingly replacing hawala networks in drug and gold smuggling operations, according to a new report by India's Directorate of Revenue Intelligence.
The DRI uncovered a gold smuggling syndicate that laundered over $12.7 million through hawala and

In brief
The European Commission launched an antitrust investigation into Meta's policy which blocks AI providers from using WhatsApp's business tools to offer chatbots when AI is the primary service.
Meta's policy change allows its own Meta AI to remain accessible on WhatsApp while

In brief
The ruling compels OpenAI to provide 20 million chat logs after months of disputes over privacy, preservation, and scope.
Judge Ona T. Wang ruled that the sample size is "proportional" to what the case needs to prove whether ChatGPT outputs reproduced Times content.
The case joins a

In brief
Myriad predictors have flipped bullish once more on the top crypto assets.
Predictors now heavily favor a Bitcoin move to $100K rather than a deep drop, while slightly favoring ETH's rise to $4,000 before $2,500.
Plus, predictors think it's unlikely that a major liquidation event