The Block News October 28, 2026

Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal

Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal
The issue centers on a deal with Scilex, under which Scilex agreed to buy shares of Datavault AI for $150 million, payable in bitcoin.

You might also like

Vitalik Buterin says ETH should be valued as a st…
Nov 08, 2026 Read
A single AI forecast inflates US power auctions b…
Nov 08, 2026 Read
Mark Zuckerberg Meta AI Predicts ‘Will Crypto Rec…
Nov 08, 2026 Read
This Bitcoin Developer’s Idea Would Make Quantum …
Nov 08, 2026 Read