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Morning edition · November 11, 2026

MegaETH Rebrands to MEGA, Earmarks $30M for AI

MegaETH pivots to AI inference, Visa preps a stablecoin flex card, and a Scottish court jails three over a prison-directed crypto plot.

  1. 1

    MegaETH Foundation Rebrands to MEGA, Commits $30M to AI Inference

    The restructured entity earmarked $30 million for an AI inference market set for December. The organization operates without corporate equity, tying value entirely to the $MEGA token.

  2. 2

    Visa and NBX to Launch First Stablecoin-Linked Flex Credential

    Visa plans to issue a stablecoin-tied Flex card in Europe with Norwegian Block Exchange. Visa reported record fiscal 2026 net revenue of $46 billion.

  3. 3

    Scottish High Court Jails Three Over £2M Crypto Theft Plot

    A Glasgow court sentenced Robert Barr to eight years for orchestrating a £2 million remote-access theft from prison. The physical home invasion failed when victims refused entry.

  4. 4

    ECB Warns Delays Could Push Digital Euro Issuance

    ECB board member Piero Cipollone pushed for the Single Currency Package's passage by year-end to secure the digital euro timeline. A pilot without legal tender status is slated for H2 2027.

  5. 5

    HIVE Digital Eyes $45M Annual AI Colocation Deal in Sweden

    The $BTC miner is negotiating a 10-year deal to host up to 10,000 liquid-cooled GPUs at its 32 MW Boden site, accelerating its high-performance computing expansion.

Numbers

Bitcoin stands at $73,937, with total market cap at $2.46T, while the Fear & Greed index rests at 29.

Watch

High Court of Justiciary considers a prevention order against Barr on Nov. 17 · Trilogue conclusion on the Single Currency Package before year-end · Jupiter Vaults private beta launch on Nov. 11

Full text

MegaETH pivots to AI inference, Visa preps a stablecoin flex card, and a Scottish court jails three over a prison-directed crypto plot.

  1. MegaETH Foundation Rebrands to MEGA, Commits $30M to AI Inference: The restructured entity earmarked $30 million for an AI inference market set for December. The organization operates without corporate equity, tying value entirely to the $MEGA token.
  2. Visa and NBX to Launch First Stablecoin-Linked Flex Credential: Visa plans to issue a stablecoin-tied Flex card in Europe with Norwegian Block Exchange. Visa reported record fiscal 2026 net revenue of $46 billion.
  3. Scottish High Court Jails Three Over £2M Crypto Theft Plot: A Glasgow court sentenced Robert Barr to eight years for orchestrating a £2 million remote-access theft from prison. The physical home invasion failed when victims refused entry.
  4. ECB Warns Delays Could Push Digital Euro Issuance: ECB board member Piero Cipollone pushed for the Single Currency Package's passage by year-end to secure the digital euro timeline. A pilot without legal tender status is slated for H2 2027.
  5. HIVE Digital Eyes $45M Annual AI Colocation Deal in Sweden: The $BTC miner is negotiating a 10-year deal to host up to 10,000 liquid-cooled GPUs at its 32 MW Boden site, accelerating its high-performance computing expansion.

Numbers: Bitcoin stands at $73,937, with total market cap at $2.46T, while the Fear & Greed index rests at 29.

Watch:

  • High Court of Justiciary considers a prevention order against Barr on Nov. 17
  • Trilogue conclusion on the Single Currency Package before year-end
  • Jupiter Vaults private beta launch on Nov. 11

Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.