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Bitcoin Miner Core Scientific Investors Nix $9 Billion CoreWeave Merger

Core Scientific shareholders rejected a $9 billion all-stock merger with AI firm CoreWeave, citing undervaluation concerns. Following the announcement, CoreWeave's shares fell while Core Scientific's rose. The merger aimed to enhance capabilities in the evolving power computing landscape but faced skepticism from investors.
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Dogecoin Is About to Be All Over This Soccer Team's Jerseys and Stadium

House of Doge and Brag House have secured a controlling stake in U.S. Triestina Calcio 1918, featuring the Dogecoin logo on team jerseys and stadium signage to promote the cryptocurrency's visibility and acceptance in sports.
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How Solana and XRP Futures Became CME’s Fastest Growing Crypto Products

In brief
Solana and XRP futures are CME Group's fastest growing crypto products.
They have benefited from maturing markets, CME's Giovanni Vicioso said.
They allow market participants to pursue popular trading strategies, he added.
Decrypt's Art, Fashion, and Entertainment Hub.
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Anthropic’s AI Models Show Glimmers of Self-Reflection

In brief
In controlled trials, advanced Claude models recognized artificial concepts embedded in their neural states, describing them before producing output.
Researchers call the behavior "functional introspective awareness," distinct from consciousness but suggestive of emerging
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Bodega Cat Allegedly Killed by Self-Driving Car Gets Second Life via Meme Coins

In brief
KitKat, a beloved San Francisco bodega cat, has died after allegedly being hit by a Waymo self-driving taxi.
Crypto degens have launched and are trading a range of KitKat-themed tokens in response.
Those mourning the furry friend are calling for the city to reassess its relationship
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Drake, Adin Ross Sued Over 'Deeply Fraudulent' Promotion of Crypto Casino Stake

In brief
Drake faces a class-action lawsuit accusing him and Adin Ross of promoting Stake.us, an allegedly illegal gambling site posing as a "social casino."
The suit says Stake used digital "Gold Coins" to mask real-money betting and that Drake's promotions targeted young fans.
In a
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‘Bernstein Initiates SharpLink Coverage With Outperform Rating for Ethereum Treasury

In brief
Bernstein initiated coverage of SharpLink with an "outperform" rating.
The analysts said Ethereum is an ideal asset for crypto treasury strategies.
SharpLink shares should trade at a premium to its Ethereum holdings, they added.
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Dare Me? This Solana Project Is Paying Out Crypto for Hilarious Stunts

In brief
Dare Market brands itself as the "most unhinged platform on the internet," as it creates a place for people to be paid to do goofy stunts.
However, Dare Market says it won't allow dangerous content on the site due to its strict moderation policy.
The project raised a $2 million
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Character.AI Halts Teen Chats After Tragedies: 'It's the Right Thing to Do'

In brief
Character.AI will remove open-ended chat features for users under 18 by November 25, shifting minors over to creative tools like video and story generation.
The move follows last year's suicide of 14-year-old Sewell Setzer III, who developed an obsessive attachment to a chatbot on the p
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Morning Minute: MetaMask Parent Consensys Files for IPO

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Discover SCENE
Morning Minute is a daily newsletter written by Tyler Warner . The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack .
GM!
Today's top news:
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Why $71 Billion Bitcoin Behemoth Strategy Is Still Betting on BTC Hitting $150K This Year

Michael Saylor predicts Bitcoin will reach $150,000 by year-end, fueled by decreasing volatility and market stability. He envisions BTC hitting $1 million in 4-8 years and believes the past year has been the crypto industry's best, with Strategy holding over $71 billion in Bitcoin.
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MetaMask Maker Consensys Plans IPO With JPMorgan, Goldman: Axios

Consensys, the parent company of MetaMask, has hired JPMorgan and Goldman Sachs to explore a potential IPO, joining other crypto firms in seeking public listings. Recent regulatory clearance and a growing investor interest in crypto equities support this move.
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IBM’s Quantum ‘Cat’ Roars: 120-Qubit Breakthrough Pushes Bitcoin’s Encryption Risk Closer

In brief
IBM researchers entangled 120 qubits, setting a new benchmark for quantum computing.
The GHZ "cat state" achieved fidelity of 0.56, proving full multi-qubit entanglement.
Direct Fidelity Estimation confirmed results, offering scalable quantum verification.
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