Solid Intel 🛰

INTEL: Binance, Tether and Trump’s crypto companies face congressional records demands as Democrats prepare to take control

Sen. Richard Blumenthal has given Binance, Tether, World Liberty Financial and Fight Fight Fight LLC until Jan. 4 to hand over records, a day after Democrats take control of Congress and he is expected to gain the power to compel documents

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INTEL: $1 billion liquidated from the crypto market in 10 minutes

Bitcoin falls under $74,000 while Ether drops under $2,125

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INTEL: Nvidia $NVDA board launches independent probe into reported Intel targeting of CEO Jensen Huang

The board says it has no reason to believe secrets or US national security were compromised and reaffirms confidence in Huang, who is fully cooperating with the review

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INTEL: Qatar reportedly proposes deal to lift US naval blockade of Iran and reopen the Strait of Hormuz

The plan reportedly also caps Iran's enrichment at 3.67% and frees $6 billion to $10 billion in frozen assets. Iran would open the strait only after IAEA inspectors enter the country

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INTEL: About 20% of Keplr wallets using Google and Apple logins affected, co-founder estimates

Web3Auth says it frontran hackers by moving $5.6 million out of the exposed wallets

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INTEL: Trump says renewed attacks on Iran are highly unlikely if talks show progress Twitter | News

INTEL: Iran threatens to "rain down hell" on US if White House chooses war, foreign minister says

Araghchi says Iran's 2-day proposal still stands, but only if the US meets its requirements including an end to war on all fronts

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INTEL: Democrats prepare to dismantle Trump’s tariff regime after sweeping midterm victory

Tariffs on Canada are among their first targets, but Trump's veto power and the Senate's 60-vote threshold could block the effort

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INTEL: Democrats move to block Trump’s $1.5 trillion military budget

The proposed budget would represent a massive increase in US military spending, making the battle over Pentagon funding one of the biggest fiscal fights ahead

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INTEL: Trump blames election results for $3 trillion one-day stock market loss

He vows the US will come back "bigger and stronger than ever before."

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INTEL: Anthropic strikes $3.4 billion deal for gas-fired power to run its data centers | Per FT

The agreement lets Anthropic generate its own electricity for its AI data centers

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INTEL: OKX may freeze funds sent from MEXC after FinCEN special measures, founder Star warns

OKX is applying a level of caution similar to financial sanctions, and related accounts may face further investigation

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INTEL: EU sets up crypto task force to stop Russia dodging sanctions with digital assets

The task force is expected to run for 12 months with support from Ukraine and the UK. It will target networks tied to A7A5, the ruble-backed stablecoin

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INTEL: US and Iranian forces trade fire in the Strait of Hormuz with explosions reported across southern Iran

Iran reportedly launched anti-ship ballistic missiles at US Navy vessels in the Arabian Sea. Tasnim says the Qeshm Island explosions are not linked to missile attacks

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INTEL: Democrats voted against stopping crypto pump-and-dump schemes, Senator Lummis says

Democrats had asked for new market manipulation rules that the House bill never had, and the Clarity Act adds them, Lummis says

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INTEL: US urges coordinated action against North Korean cyber threats after Binance hack Twitter | News

INTEL: Trump reportedly offers UFC's Dana White the White House press secretary job | Per Axios

The role has been vacant since Katie Zacharia left five days into the job

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INTEL: All seven Magnificent Seven stocks ask to stay off the planned OKX-ICE tokenized shares venue

Apple and Meta were the last two to object, completing the full set of the biggest US tech companies

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INTEL: Berkshire Hathaway doubles its stock buybacks to $9.6 billion in a quarter as operating profit falls

Operating profit fell 5.8% to $12.7 billion as insurance underwriting profit dropped 43%

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INTEL: Trump reportedly orders 'minor strikes' on Iran in first ordered action since the election Twitter | News