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Macy’s (M) posted better-than-expected third quarter results on Wednesday while offering a cautious outlook for the holiday quarter. The retailer said net sales for the fourth quarter are expected to fall 3%-5% from a year ago to a range of $7.35 billion-$7.5 billion. In the third quarter, Macy’s posted revenue of $4.7 billion, in line with last year and slightly more than Wall Street’s estimates of $4.6 billion, per Bloomberg consensus data. That’s alongside adjusted earnings per share of $0.04, better than the $0.14 loss analysts were expecting. Same-store sales grew 2.5%, ahead of the 0.6% increase that was expected.…

On December 1, Coinbase, the well-known cryptocurrency exchange, introduced a new instant unstaking feature, revolutionizing how U.S. users can access their staked crypto rewards. This development comes as demand for yield-focused staking strategies continues to grow across popular cryptocurrencies. By allowing users to immediately convert staked assets back to liquid funds, Coinbase is offering a solution to one of the main limitations faced by stakers: liquidity. Staking has become an increasingly popular way for investors to earn returns on their crypto holdings. In simple terms, staking involves holding a cryptocurrency in a wallet to support the operations and security of…

SHIB investigator traces malicious transactions to Kucoin Kucoin hesitates on cooperation upon requests for a formal caseFollowing the recent Shibarium Bridge exploit that has posed serious threats to the SHIB community, Lucy, SHIB head of marketing, has called on law enforcement agencies to take action.On Tuesday, December 2, Lucie tagged the FBI, Interpol, RCMP and KuCoin in a call for an intense investigation to expose the perpetrators of the fraudulent scheme.I wish for a crypto miracle and for all these bastards to be caught.All these psychopaths with their twisted minds harming innocent people… sigh.@kucoincom @fbi @RCMP @INTERPOL_HQ When will cybercrime be…

A simulated test by MATS and Anthropic revealed how AI agents could raise up to $4.6 million through fully autonomous attacks in DeFi. AI (artificial intelligence) advancement has unlocked many ways to help people and institutions perform or automate simple to complex tasks. However, the benefits also come with several challenges. The same technology is now making it easier for hackers to carry out cybersecurity attacks. Simulating an AI Agent Attack A new research project by the ML Alignment & Theory Scholars Program (MATS) and the Anthropic Fellows program recently revealed the extent of damage that publicly available AI agents…

Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued.Bitcoin slid 6.5% after being down nearly 12% earlier in the day, settling in just above $85,000. The most-traded cryptocurrency is down about 33% since hitting a record $126,210.50 on Oct. 6, according to crypto trading platform Coinbase. Bitcoin had soared since April in line with the stock market and driven partly by a more crypto-friendly tone in Washington.Companies that enable investors to buy and sell cryptocurrencies, as well as the growing number of companies…

Michael Saylor’s Strategy (NASDAQ: MSTR) announced on Dec. 1 that it has created a $1.44 billion United States dollar (USD) reserve to support dividend payments on preferred stock and service its debt obligations, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). The company said the fund, dubbed the “USD Reserve,” was financed through proceeds from its at-the-market stock offering. Strategy aims to maintain a balance sufficient to cover at least 12 months of dividends, with long-term plans to extend that coverage to 24 months or more. “Establishing a USD Reserve to complement our BTC Reserve marks…

Bitcoin miners trudged through November, with data showing it was the fourth least profitable month of 2025. Mining pools processed around 453 blocks from start to finish, collecting a combined $1.262 billion in revenue — a total that folds in both the subsidy and the fees gathered along the way. Miners Grapple With Bitcoin’s Steep […]

The artificial intelligence revolution is reshaping energy demand in ways few investors anticipated. While the spotlight has remained fixed on semiconductor companies and GPU manufacturers, a quieter transformation is unfolding in the commodities market. Lithium, once viewed primarily through the lens of electric vehicle adoption, is emerging as a critical enabler of AI infrastructure. Data centers powering AI systems require massive amounts of uninterrupted energy, and lithium-based battery storage systems are becoming essential for grid stability. Industry leaders are now projecting that lithium demand could surge by 30-40% for 2026 alone, with prices potentially doubling as AI-driven energy requirements accelerate…

CDG Project has announced that its ERC-20 utility token, CDG, will be listed on BitMart Exchange beginning December 1st. The listing marks the project’s first entry into major centralized markets following its recent appearance on CoinMarketCap and CoinGecko.The CDG token powers a decentralized network built from user-owned hardware devices that function as a distributed data center. This is an important feature for AI, cloud, VPN, gaming, and edge workloads. Thousands of CDG Devices operate as a resource layer. In short, the devices supply computation and bandwidth while earning CDG from the network’s emission treasury.Token Utility and Network EconomicsCDG is an ERC-20…

Bitcoin (BTC) failed to reclaim $93,000 despite positive momentum in the US stock market and rising gold prices. With the S&P 500 trading just 1% below its all-time high, traders are evaluating what could spark sustainable bullish momentum for Bitcoin.Key takeaways:Demand for BTC put (sell) options and stagnant ETF inflows kept momentum capped despite easing macroeconomic conditions.AI-driven tech relief has cut market stress, but BTC strength relies on holding $90k as investors bet on liquidity support amid softer job market data. Fed target rate expectations for Dec. 10. Source: CME Group FedWatch ToolBond market futures data from CME Group shows…