A DoorDash bag in the Brooklyn borough of New York, US, on Thursday, Jan. 15, 2026. Michael Nagle | Bloomberg | Getty Images U.S. lawmakers have requested information from food delivery company DoorDash on its use of Chinese artificial intelligence models, CNBC has learned, as scrutiny around American businesses’ use of systems developed by China…
Jakub Porzycki | Nurphoto | Getty Images Coinbase shares dropped in extended trading on Thursday after the crypto platform posted a wider-than-expected loss for the second quarter, underscoring the continued troubles resulting from a deepening crypto winter despite its efforts to diversify revenue. Here’s how Coinbase performed in its quarter ended June 30, compared with what Wall…
This photograph taken on Jan. 21, 2026 shows signage of the Coinbase logo during the World Economic Forum (WEF) annual meeting in Davos. Ina Fassbender | AFP | Getty Images As bitcoin prices fell yet again in the second quarter, traders on prediction market platform Kalshi think Coinbase’s trading volumes suffered once again. The cryptocurrency…
Kraken is preparing to reintroduce its app with agentic trading at its core, a development that could mark the next major competitive battleground for crypto exchanges, the company told CNBC exclusively. Agentic trading is when AI agents autonomously make trading decisions, execute transactions and potentially manage portfolios, based on human inputs. Unlike traditional automated systems…
Stablecoin issuer Circle surged after the U.S. Office of the Comptroller of the Currency, or OCC, granted it approval Friday to operate as a trust bank, the company said. Shares of the company were off their initial highs but last trading up 5%. The approval gives the company the ability to manage reserves directly for…
Temasek Holdings Pte Ltd. signage during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 16, 2023. The festival runs through Nov. 17. Lionel Ng | Bloomberg | Getty Images Nagi Hamiyeh, president of Temasek Global Investments, said crypto investment is “still off the table” for the company as it strives to move past a…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images The Trump administration’s crackdown on Anthropic’s leading artificial intelligence models is looking like a gift to the country’s top adversary in the AI race: China…
In this photo illustration, Apps for online prediction market sites are shown on an electronic device on Feb. 25, 2026 in Chicago, Illinois. Scott Olson | Getty Images States and the federal government may be battling over who has the power to regulate prediction markets, but the companies building them are chugging along as the…
Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain, as the company looks to expand beyond its core business of issuing the USDC stablecoin, CNBC has learned. Andreessen Horowitz served as the lead investor in the raise with a $75 million investment. Other investors include…
Chairman Tim Scott, R-S.C., listens to testimony by Kevin Warsh in Dirksen building on Tuesday, April 21, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A major rules-of-the-road bill for the crypto industry is set to get an initial vote on May 14 in the Senate Banking Committee. The step to move the…
