The retreat coincided with a near 10% slide in the Nasdaq 100 since early October. Coatue Management and UAE-based investors are co-leading the round, with BlackRock still in talks.
The company reported its first-ever decline in US daily users since its 2024 initial public offering, even though quarterly revenue rose 53%.
French AI company Mistral AI released the full weights of its Large 4 model, letting anyone download and run it on their own hardware. The release is marketed around cybersecurity and Artificial Analysis benchmarks.
The company received a report of a suspected hidden circuit board inside a Safe 5 bought in August 2026. Trezor is asking anyone who bought a device from CryptoBilis since March to transfer their crypto to a new wallet.
The rout spread across tech stocks and pushed Nasdaq-100 futures down roughly 2% before Friday's open. Bitcoin also slid, touching its lowest price in six weeks near $76,500.
Wellington Management and Sequoia Capital co-led the financing, with Andreessen Horowitz and Coatue also taking part. Kalshi's valuation climbed from $22 billion in May.
AWS, Amazon's cloud unit, grew revenue 39% and booked a $578 billion order backlog, while Amazon shares ended the week at $243.79, down 4.25%.
The exchange blocked new orders, allowing only cancellations, and pledged to fully reimburse affected traders, though it gave no timeline for payouts.
Binance founder Changpeng Zhao has pledged to make users whole, while Arkham and Chainalysis put the damage at $5.8–5.9 billion against the exchange's own $2.54 billion estimate.
Intercontinental Exchange and TradeXYZ struck a deal to launch Hyperliquid-linked perpetual contracts for US retail traders. ICE will hold a minority stake in TradeXYZ and run clearing and oversight for the new products.
The Office of Foreign Assets Control tied one of the men to $3.5 million in cryptocurrency conversions and said the scheme's proceeds fund North Korea's weapons programs.
Free cash flow at Alphabet stayed negative for a second straight quarter, even as revenue grew 25% to $127.58 billion. Shares dropped 9.4% in extended trading.
The case stems from an undercover sting in which an agent placed 12 wagers on Kalshi’s platform, while the company calls those bets CFTC-regulated financial instruments, not gambling.
The company found analysts switched their stance 60% of the time when a hidden AI agent disagreed with them, yet just 15% said its reasoning had shaped their conclusions.
Police tied compromised Ledger devices sold in Singapore to $2.7 million in losses since September. Mark Karpeles, the former Mt. Gox CEO, said he bought a tampered Ledger Flex at the airport.
Access will first go to a subset of cybersecurity specialists, then to Google's partners, and only later to everyone else, as part of a staged rollout tied to a U.S. program for testing AI models before release.
Google Cloud is previewing a joint-signing service that protects bitcoin held by banks and similar institutions. The company said it expects to launch the tool commercially within the first months of 2027.
Bithumb, South Korea's second-largest exchange, confirmed that an outsider broke into a mobile system used by staff and took personal data. The company said customer crypto holdings were not exposed in the breach.
Moody's gave Ripple's RLUSD stablecoin two deposit grades, A2 over the long run and P-1 for short maturities, citing a reserve mostly parked in short-dated Treasury debt and cash.
Datavault AI shares fell 49.5% on Tuesday after the company told the SEC it has been unable to withdraw bitcoin held at crypto exchange Biconomy since June 2026.
