Tether partners with 11 institutions to launch the FASE Foundation, with plans to deliver humanitarian aid to 1 million people via stablecoins.

According to BIT (Bit.com) market data, Tesla’s stock price reached a more-than-three-month high, rising 5.5% in its latest trading.

According to market data from BIT (Bit.com), US-listed crypto-related concept stocks saw their intraday losses widen, with specifics as follows: MSTR down 5.23%, ASST (Strive) down 4.04%, CRCL down 7.20%, COIN down 2.80%, BMNR down 2.72%, SBET down 3.93%, and HOOD down 0.95%.

According to Bloomberg, as the U.S. midterm elections approach and the likelihood of Democrats regaining at least one chamber of Congress rises, cryptocurrency, venture capital, and prediction market firms linked to former President Trump and his family are strengthening their legal and lobbying teams to prepare for potential congressional investigations. The firms in question include the Trump family co-founded crypto project World Liberty Financial, prediction market platforms Polymarket and Kalshi, Changpeng Zhao, and venture capital firm 1789 Capital. Some of these companies have hired prominent lawyers and lobbyists, several of whom have ties to Democratic lawmakers. Democrats have previously demanded relevant information from World Liberty Financial and 1789 Capital, and asked the U.S. Department of Justice to clarify the circumstances surrounding Binance co-founder Changpeng Zhao’s receipt of a Trump pardon. Democratic lawmakers have said that if they secure a congressional majority, they will use investigative and subpoena powers to examine potential conflicts of interest between the Trump family’s business interests and government policies, including whether the firms have obtained government contracts or other special treatment. The report points out that the ongoing investigations still face obstacles, including some evidence and documents being located overseas, and uncertainty over whether federal agencies such as the Department of Justice will take further action. The involved firms maintain that their business activities are in compliance with the law.

As of September 30, Anthropic had approximately 5,300 employees. The company’s total operating expenses for the first half of the year ended June 30 stood at $16.98 billion.

Anthropic’s founders rank among the company’s largest disclosed individual shareholders, securing key investor positions typically held by large institutional firms. Per regulatory filings, CEO Dario Amodei holds or controls 245 million shares, while Daniela Amodei, Tom Brown, Jack Clark, Jared Kaplan, Sam McCandlish, and Christopher Olah each own more than 200 million Class A common shares. Meanwhile, multiple venture capital firms that previously invested hundreds of millions of dollars in Anthropic are also poised to reap massive returns, including Iconiq, Lightspeed Venture Partners, and Menlo Ventures.

According to market data from BIT (Bit.com), US-listed AI computing power leasing stocks fell at the start of trading: Nebius dropped 5%, CoreWeave declined 4.1%, and IREN was down 3.3%. Elon Musk previously stated that these companies will face major consolidation and closures.