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In brief Social media platform Reddit has sued Perplexity AI, accusing the firm of an “industrial-scale” scheme to scrape its user-generated content. Reddit alleges billions of search pages were scraped through tools that bypassed its and Google’s protections. The lawsuit names Perplexity, SerpApi, Oxylabs, and AWM Proxy as defendants. Social media platform Reddit has sued Perplexity AI in federal court on Wednesday, alleging that the artificial intelligence company and its data partners orchestrated an “ industrial-scale” scheme to scrape the platform’s user-generated content.Reddit alleges that the other defendants: SerpApi, Oxylabs, and AWM Proxy, developed and sold tools specifically designed to…

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…

Solana-based decentralized exchange aggregator Jupiter plans to roll out its new native predictions market offering that it’s building with Kalshi before the end of the year.Jupiter on Wednesday announced it had just launched the beta version of its Jupiter Prediction Market. Kalshi will provide liquidity for Jupiter’s new offering, which allows users to bet on the outcome of events.Why Jupiter entered prediction markets raceKash Dhanda, chief operating officer at Jupiter Exchange, told Cointelegraph that Jupiter’s goal is to give users a wide variety of offerings under a single platform, and that prediction markets would also allow them to attract more…

Key takeaways BTC is trading above $109k after adding 1% to its value in the last 24 hours. Standard Chartered analysts believe BTC’s price could dip below $100k before resuming its rally. Bitcoin could slide below $100k, says Standard Chartered analysts Bitcoin has been extremely volatile this month, dropping to the $102k level just days after hitting a new all-time high of $126k. The price has failed to recover since the October 10 liquidation event. Standard Chartered’s head of digital asset research, Geoffrey Kendrick, told investors on Wednesday that Bitcoin could drop briefly below the $100,000 mark by the weekend.…

The National Hockey League (NHL) has reached licensing agreements with prediction market platforms Kalshi and Polymarket, making it the first major US professional sports league to permit the use of its trademarks by prediction markets, or “licensed betting markets.”As The Wall Street Journal reported on Oct. 22, the multiyear deals grant both platforms rights to use the NHL logo, terms such as “NHL” and “Stanley Cup,” and individual team names.The intellectual property package is the same that the league extends to sportsbook operators such as DraftKings, FanDuel, and BetMGM.The agreements formalize the push of prediction markets into sports betting, an…

Bitcoin price is hovering in the mid $107,000’s range as analysts from both VanEck and Standard Chartered see more upside. Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, sees a near-term dip in bitcoin price below $100,000 as “inevitable” due to factors like renewed U.S.–China trade tensions.  However, Kenrick views any bitcoin price pullback as likely short-lived and a buying opportunity.  Kendrick highlights gold-to-Bitcoin flows as a key indicator, noting that recent rotations — selling gold to buy Bitcoin — could signal stabilization and mark a bottom.  Despite the volatility, Kendrick remains bullish, maintaining his forecast of $200,000…

Pi Coin has slipped slightly again, down 1% in the past 24 hours, 4.9% over the past week, and nearly 26% this month. The token has been range-bound for days, showing little enthusiasm from traders.Yet, big wallets haven’t completely walked away. Instead, they appear to be watching for a clearer signal — and that cue might come from the meme coin cycle. Surprised? Well, read on to know how the meme coin connection can impact the Pi Coin price.Sponsored SponsoredMeme Coin Link Meets a Bullish SignalOver the past month, Pi Coin’s price swings have started to mirror those of Dogecoin…

The company announced a new partnership with Flexa, the global leader in digital payments, enabling customers to use popular digital currencies to shop in over 660 Bealls, Bealls Florida, and Home Centric stores across the United States. The launch comes at a milestone moment for Bealls, which has built a reputation for embracing innovation while staying true to its family-owned roots. Now, the retailer is extending its legacy into the Web3 era, letting customers pay with assets ranging from bitcoin and ether to stablecoins and even meme coins, all within seconds. A Historic Retailer Meets the Future of Payments This…

After years of establishing its dominance in decentralized finance (DeFi) lending, Aave is now entering what could be its most explosive growth phase yet. With the release of Version 4 (V4), a $50 million token buyback program, and an ambitious expansion into real-world assets (RWA), Aave is strengthening its leadership position.Sponsored SponsoredV4 – A Strategic Milestone Defining Aave’s FutureData shows that Aave (AAVE) currently controls an impressive 82% of Ethereum’s total outstanding lending debt, the highest level to date. This market share has grown steadily over the past four years, outpacing competitors such as Morpho, Spark, and Compound.Ethereum lending market share.…

Hyperliquid Strategies is doubling down on its Hyperliquid treasury plan, filing papers to raise up to $1 billion to purchase more tokens powering the world’s largest decentralized derivatives platform.According to its S-1 registration statement with the US Securities and Exchange Commission on Wednesday, Hyperliquid Strategies unveiled its plan to offer up to 160 million shares of common stock to fund additional Hyperliquid (HYPE) purchases as well as other corporate expenses.Chardan Capital Markets is serving as its financial adviser for the offering.Source: CointelegraphHyperliquid Strategies is a pending merger entity formed by Nasdaq-listed biotech firm Sonnet BioTherapeutics and special purpose acquisition company Rorschach…