Economy

American Bitcoin (ABTC) shares tumbled 8.4% to an all-time closing low of 62 cents on Wednesday, as the crypto miner prepares for a 1-for-15 reverse stock split to maintain its Nasdaq listing.

Robinhood has officially launched its public mainnet, Robinhood Chain, a layer-2 blockchain built on Arbitrum, marking its entry into the decentralized finance (DeFi) space.

South Korean startup CarbonSix has secured $40 million in Series A funding to expand its physical AI systems for manufacturing, including robotic intelligence software and hardware such as robotic hands and manipulators for factory lines.

A new audio brand, Daisy, has entered the premium headphone market with its first product, the Daisy One, aiming to disrupt a space dominated by Apple, Sony, and Bose.

Massachusetts Attorney General Andrea Joy Campbell has filed an amended lawsuit against prediction markets platform Kalshi, alleging the company illegally offered sports betting to users under 21.