Microsoft-OpenAI $135B Deal Extends AI Rights to 2032

Microsoft has cemented its position in the artificial intelligence landscape through a restructured partnership with OpenAI that values its stake at $135 billion while extending exclusive rights to frontier AI models through 2032. The comprehensive agreement comes as both companies navigate antitrust scrutiny and a federal lawsuit alleging Microsoft leveraged its Azure cloud dominance to artificially inflate ChatGPT pricing, creating a complex backdrop for one of the most significant AI partnerships in the industry.

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Dogecoin Volume Spikes 60% as Whales Move $30M in DOGE

Dogecoin experienced a dramatic 60% surge in trading volume on Tuesday, pushing 24-hour activity above $2 billion despite stagnant prices near $0.21. The spike coincided with significant whale movements totaling approximately $30 million between dormant wallets and major exchanges, creating a puzzling divergence between trading activity and price performance that has market participants closely watching for directional clues.

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Visa Expands Stablecoin Support Across 4 Blockchains

Global payments giant Visa is accelerating its cryptocurrency strategy by adding support for four new stablecoins across four distinct blockchain networks, CEO Ryan McInerney announced during the company’s quarterly earnings call. This strategic expansion represents a significant deepening of Visa’s commitment to digital assets, enabling partner banks to directly mint and burn stablecoins on the platform following strong growth in the company’s crypto services division over the past financial year.

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Ethereum Fusaka Upgrade Hits Final Testnet Before Dec 3 Launch

Ethereum’s highly anticipated Fusaka upgrade has successfully launched on its final testnet, Hoodi, marking a crucial milestone ahead of its December 3 mainnet deployment. The upgrade promises significant enhancements to the network’s security and scalability infrastructure, representing Ethereum’s continued evolution toward greater efficiency and performance through key technical improvements including Peer Data Availability Sampling.

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ETHZilla Sells $40M ETH for Share Buybacks Amid NAV Discount

ETHZilla has ignited controversy in crypto markets by selling $40 million worth of Ethereum to fund aggressive share repurchases, framing the move as strategic balance-sheet arbitrage to close what it calls a ‘significant discount to NAV.’ While company leadership insists this represents rational capital allocation rather than retreat from Ethereum exposure, critics warn the mechanism of selling underlying crypto assets to buy equity could trigger a ‘death spiral’ if replicated across the treasury management sector.

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Bitwise Solana ETF Draws $69.5M in Debut, Outshines Rival

Bitwise Asset Management’s spot Solana ETF (BSOL) launched with explosive momentum, attracting $69.5 million in debut inflows that dramatically outpaced the $12 million drawn by Rex-Osprey’s competing Solana Staking ETF (SSK). The divergent performance signals strong institutional preference for BSOL’s direct exposure model and competitive 0.20% management fee, even as Solana’s price declined 3.1% to $194 on launch day, highlighting a potential decoupling between ETF demand and short-term price movements.

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Bank of Korea Urged to Open Stablecoin Issuance to Non-Banks

The Kaia DLT Foundation is challenging the Bank of Korea’s proposal to restrict stablecoin issuance exclusively to banks. Foundation chair Dr. Sangmin Seo argues that both banks and non-banks should be permitted to issue won-denominated stablecoins, directly contradicting the central bank’s recent regulatory framework recommendations that favor traditional banking institutions for managing stablecoin risks.

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