Crypto / Crypto
Bitcoin Miner Ditches Site for AI Deal That Could Top $1.2 Billion
The projected revenue requires two contract extensions, while an option for more computing capacity could bring the total above $3 billion.
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Compliance / Regulation
CFTC files to dismiss CME lawsuit over crypto perpetual futures
The US Commodity Futures Trading Commission (CFTC) has filed a motion to dismiss a civil suit filed by the Chicago Mercantile Exchange (CME) Group, which claimed that the regulator’s treatment of cryptocurrency “futures” as “swaps” went against Congress. In a
Research / Research
Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount
Bitcoin is trading with gold — something it does when investors lose confidence in the dollar. Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement. That’s accor
Compliance / Regulation
SEC Proposes Rescission of Political Contribution Rule for Investment Advisers
The Securities and Exchange Commission today issued a proposal to rescind its “pay-to-play” rule that prohibits investment advisers from providing compensated investment advisory services to a government client for two years after making a political contributi
Compliance / Regulation
Bernie Sanders Pushes Bill to Ban Advanced AI Development
The forthcoming bill would pause advanced AI development, create a federal regulator, and threaten violators with up to 20 years in prison.
Crypto / Crypto
What Is Pons? The Robinhood Chain Meme Coin Factory Token Up 18,000% Since July
PONS, the token behind Robinhood Chain's biggest meme coin factory, flipped CASHCAT to become the chain's largest cryptocurrency by market cap—and its chart looks like a hockey stick.
Compliance / Regulation
French Hill Eyes Bipartisan Path for Clarity Act Ahead of September Vote
The lawmaker said that Democrats and Republicans have narrowed their differences when it comes to passing the bill. U.S. congressman French Hill expressed the importance of bipartisan support to get the long-awaited crypto market structure bill, the Clarity Ac
Crypto / Crypto
OpenAI Releases GPT-6 Astra: The Closest AI Model Yet to AGI
The model can independently discover and exploit unknown security flaws across hardened systems, triggering a staged rollout and White House review before public access.
Compliance / Regulation
Michigan authorities continue pursuit to block Kalshi as Supreme Court fight looms
Michigan’s attorney general announced that a state court had ordered a preliminary injunction against Kalshi, blocking the prediction markets platform for residents amid what officials called “sports betting [...] masquerading as an investment opportunity.” In
Compliance / Regulation
Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network
Paxos-issued stablecoin USDG has launched natively on Mantle, with the Ethereum layer-2 network joining the Global Dollar Network as a partner, according to a Thursday announcement. The integration makes USDG one of the first stablecoins to be natively minted
Crypto / Crypto
Bitcoin ETFs Rebound as Ethereum and XRP ETFs End Winning Streaks
Ethereum funds broke a 12-day winning run and XRP snapped an 11-session streak on Wednesday, while Bitcoin ETFs bounced back with $101.15 million in one day after their worst outflow since July.
Crypto / Crypto
ChatGPT, Claude and Grok Outages Leave Users Asking How to Work Without AI
The three AI platforms restored service Thursday after users said the simultaneous disruptions brought their work to a halt.