13h ago
Palantir Shares Drop Over 6% After Michael Burry's 10,000-Word Critique of AI Investment Boom
Palantir Technologies shares fell as much as 6.7% on February 12 and continued lower in premarket trading on February 13 after Michael Burry released a 10,000-word newsletter criticizing the durability of the current AI investment cycle and warning the stock could decline sharply. While Burry outlined potential downside of up to 66%, other analysts highlighted Palantir's rapid growth, strong cash position and premium valuation, underscoring the divide over how sustainable its AI-driven momentum really is.
13h ago
13h ago
Chainalysis flags 85% jump in 2025 crypto flows tied to suspected human trafficking
In 2025, cryptocurrency transfers linked to suspected human trafficking activities increased by 85%, with total flows reaching several hundred million dollars. According to blockchain analytics from Chainalysis, the funds moved through international escort services, scam-related labor recruitment channels, and sellers of child sexual abuse material, raising fresh concerns about illicit crypto use.
13h ago
13h ago
Binance rolls out prepaid Mastercard crypto card across CIS countries on 13 February 2026
On 13 February 2026, Binance introduced a prepaid Mastercard crypto card for users in several Commonwealth of Independent States markets, enabling real-time conversion of digital assets into local fiat at more than 90 million merchants. The program emphasizes Kazakhstan with local currency support, focuses on virtual cards for use with mobile wallets, and requires verified Binance accounts with completed KYC and no typical annual card fee.
13h ago