Report: OpenAI Readies for $1 Trillion IPO, Reshaping the AI Gold Rush
OpenAI is reportedly prepping for a $1 trillion IPO that could make Silicon Valley’s wildest fever dreams look quaint—cementing Sam Altman as the ringmaster of the world’s most valuable AI circus. According to Reuters, the artificial intelligence (AI) giant, OpenAI, is quietly setting the stage for a blockbuster initial public offering (IPO) that could debut […] Powered by...
Nigerian Regulator Warns Crypto and Gambling Threaten Infrastructure Investment
The head of a Nigerian regulatory body warns that widespread gambling and crypto trading are diverting funds from the capital markets, undermining efforts to finance the country’s $150 billion infrastructure deficit. Capital Market vs. Risk Taking The Nigerian Securities and Exchange Commission (NSEC) is voicing concerns that the growing preference of residents for gambling and […] Powered by...
Germany’s AfD Calls for Bitcoin Exemption From EU MiCA Rules
The German opposition party, Alternative for Germany, is demanding that the German government exempt bitcoin from the European Union’s Markets in Crypto-Assets regulation. Arguments for Special BTC Status The German opposition party, the Alternative for Germany (AfD), has escalated its stance on bitcoin ( BTC) by filing a motion in the Bundestag (Parliament) calling for […] Powered by...
Australian Regulator Updates Guidance Classifying Digital Assets as Financial Products
ASIC clarifies that many digital assets are financial products and provides transitional relief to support innovation. The Australian Securities and Investments Commission (ASIC) on 29 October 2025 published updated guidance stating that stablecoins, wrapped tokens, tokenized securities and digital asset wallets can be financial products under existing law, and confirmed a sector‑wide no‑action position until […] Powered by...
Global Piracy Injunction Targets VidSrc Domains, Hydra Regenerates in Russia
After calling out pirate sites including Vidsrc, HydraHD, and Cineby in a submission to the USTR’s Notorious Markets review, Hollywood’s next targets were put on notice. The MPA’s use of the term ‘hydra’ was a reference to sites that have a tendency to respawn and multiply in response to site blocking measures. In the case of VidSrc, a platform that excels at making piracy simple for many other sites reliant on its services, VidSrc...