The post OpenAI Cuts Funding Target by $10 Billion and Valuation by $150 Billion Amid Tech Selloff appeared first on Coinpedia Fintech News OpenAI has reduced its funding target by $10 billion and its valuation by $150 billion amid this week’s technology stock selloff, according to the Financial Times. The company is now seeking to raise $20 billion at a $1.25 trillion valuation, down from its earlier target of $30 billion at a $1.4 trillion valuation. OpenAI had …

The post Anthropic IPO Could Receive Junk Credit Rating Despite $800 Billion AI Spending Plan appeared first on Coinpedia Fintech News Anthropic is expected to receive a high-yield, or “junk,” credit rating from major agencies following its IPO, which could take place as soon as November, according to the Financial Times. Blackstone has reportedly told investors that Anthropic is unlikely to secure an investment-grade rating immediately after listing. The firm is also working with banks that …

The post T+1 Settlement: What Did Wall Street Learn, and What Must Change Before 2027? appeared first on Coinpedia Fintech News T+1 settlement is reshaping global financial markets, releasing billions in clearing capital while exposing operational gaps across Wall Street’s post-trade infrastructure. The U.S. transition delivered measurable efficiency gains, but securities lending, foreign exchange funding and trade processing continue to test institutions operating within tighter settlement windows. As Europe prepares for its October 2027 transition, rising failed …

The post Crypto News: Why Are Bitcoin, Ethereum And XRP Prices Crashing Today? appeared first on Coinpedia Fintech News The crypto market is taking two hits at once. The $6.3 billion Binance exploit has shaken confidence, and a sharp sell-off on Wall Street has dragged risk assets lower. Bitcoin has lost its key $80,000 support and fallen to its lowest level in six weeks. Crypto Prices Today According to market data, the top coins …

The post How Binance Plans To Cover $6 Billion Hack Without Hitting Customers appeared first on Coinpedia Fintech News Binance says customer balances are untouched by this week’s hack because the stolen crypto came from one of its own hot wallets, which the exchange legally owns. A Binance spokesperson explained the setup to journalist Eleanor Terrett. When users deposit crypto on an exchange, the platform typically takes ownership of the assets and credits each …

The post Intel Stock 30% Crash: Lip-Bu Tan’s Turnaround Hits Major Setback After Q3 Earnings appeared first on Coinpedia Fintech News Intel shares plunged about 30% on Friday to around $63.56, heading for their steepest one-day fall since 1974, after the chipmaker issued a weak outlook. Intel expects fourth-quarter adjusted earnings of 25 cents a share on revenue of $15 billion to $16 billion, far below forecasts of 43 cents and $17.1 billion. CFO David Zinsner …

The post ICP Price Prediction: Can Internet Computer Rally Toward $4.10? appeared first on Coinpedia Fintech News Internet Computer (ICP) is approaching a make-or-break zone, and traders have a fresh reason to watch. Its daily chart shows the token consolidating around $2.487, just above a marked support zone near $2.32. Meanwhile, it has done integrations with Claude and ChatGPT are adding an AI narrative to the ICP price prediction. The question is …

The post BNB Price Prediction: Could Hack Fallout Push BNB Toward $600? appeared first on Coinpedia Fintech News BNB has taken a brutal hit, and the damage could extend beyond today’s sell off. Following a reported $6.3 billion hack involving multiple crypto assets, BNB price prediction depends on two things: whether support holds and whether the recovery effort can restore investor confidence. BNB Tests Its 200-Day EMA After Hack The 200-day exponential moving …

The post Hyperliquid (HYPE) Entered the Crypto Top 10 List, Surpassing Zcash appeared first on Coinpedia Fintech News Hyperliquid (HYPE) has climbed into the top 10 cryptocurrencies by market cap, overtaking Zcash after a 25% rally in three days. Its market cap has reached $21.78 billion, trading around $92.  The rally has drawn attention as the overall crypto market struggles after the Binance $6.3 billion hack, which triggered $1.53 billion in liquidations. ICE …

The post Nvidia News Today: $4.8 Billion Chip Purchases Under Scrutiny In Megaspeed Probe appeared first on Coinpedia Fintech News China has rejected a New York Times report alleging that a businesswoman close to Nvidia CEO Jensen Huang was working for Chinese intelligence. Foreign Ministry spokesperson Guo Jiakun called the claims groundless and a smear, state-run Global Times reported on Friday. The Times said US agencies concluded that Alice Huang, also known as Huang Le, …