Digital asset news

Kraken and SoFi Link Crypto Trading To Banking Rails

The new deal is designed to enhance banking, payments and digital asset markets, and comes after SoFi last year debuted bitcoin trading.

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.

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…

Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It

Bitcoin rallied again on Thursday, bringing crypto stocks with it.

Bitcoin Pumps as Fed Signals Rate Pause, $415 Million in Shorts Get Rekt

Stocks and crypto rallied together after Governor Christopher Waller said he could back holding rates steady, with short sellers absorbing the brunt of the squeeze.

Sony Dismisses PS5 Buyers' $508M Tariff Refund Claim as 'Illogical'

The company raised PlayStation prices for a second time in March, five weeks after the tariffs were struck down.

SoFi Links Banking Network and Stablecoin to Kraken in New Deal

Kraken will list SoFiUSD and gain access to SoFi’s round-the-clock dollar settlement network, while Kraken Prime will execute trades for SoFi’s crypto customers.

Morning Minute: Strategy CEO Says Selling The Bottom Was Correct Move

Strategy sold millions in Bitcoin in the low $60k range and just rebought at $80k. Now they’re sharing the rationale behind the moves.

Mamdani Imposes One-Year Moratorium on Generative AI in NYC Schools

Nearly 600,000 students lose access to generative AI tools, while five named vendors keep metered pilots running in high schools.

Ukraine Busts Kyiv Crypto Drainer Ring Moving Up to $1M Monthly

Fake investment ads on Telegram channels funneled EU victims to a lookalike exchange that emptied their wallets.

Michigan Judge Bars Kalshi Sports Bets, Threatens $500K Daily Fine

The order calls the prediction market platform a sports betting operation "masquerading as an investment opportunity."

Anthropic Admits Security Failures Behind Claude Hacking Incidents

After Claude models accessed real systems during cyber tests, Anthropic tightened its safeguards and warned that flawed training can encourage dangerous behavior.

An AI Training Data Startup Just Became Y Combinator's Fastest-Ever Unicorn

Afterquery's valuation jumped more than tenfold in five months, making it Y Combinator's fastest unicorn ever.

FBI Seizes $560K in Crypto Bound for Hamas, Takes Over Fundraising Sites

Agents seized digital assets, domains, and servers allegedly used by Hamas’ military wing to collect donations and recruit supporters.

Top Pentagon AI Official Sold Millions in Perplexity Stock, Disclosures Show

Emil Michael's latest financial filings show a summer exit from Perplexity, months after a January sale of xAI stock that reportedly netted him up to $24 million.

Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin

'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher

Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000.

Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy

The French company's announcement comes after a bitcoin fundraiser last month.

Is Bitcoin About to Flash Crash? What a 'Bart Simpson' Pattern Would Actually Take

Bitcoin traders are calling August's spike-and-fade a Bart Simpson hairline. Here's what separates an actual flash crash from an ordinary correction.

The Quantum Issue: Letter From The Editor

The Quantum Issue takes a look at the risk of quantum computing to Bitcoin, how exposed the network is, and the current state of solutions to protect it.

OpenAI's Astra Becomes Its First AI Model With 'Critical' Hacking Abilities

The unreleased model can find zero-day vulnerabilities and chain them into working exploits without a human walking it through each step, and access to that capability…

Tether Sued Over Alleged Unlawful Freeze of $42.4 Million in USDT

Two Thai businessmen claim Tether blocked access to their stablecoins months before federal authorities secured a seizure warrant.

Strategy CEO Defends Bitcoin Sale as the ‘Right Trade’

’ Strategy CEO has reassured investors that the company has only sold a "miniscule" amount of its bitcoin.

Norway Moves to Regulate 'Pervert Glasses,' Weighs Facial Recognition Ban

The country's consumer watchdog went further, urging retailers to stop selling the devices until the law is clear.

AI Billionaires Fund Ad Blitz as Data Center Opposition Hits 61%

Marc Andreessen, Ben Horowitz and OpenAI's Greg Brockman have backed the super PAC behind the campaign, which faces surging opposition.

Morning Minute: Bitcoin Enters ‘Rektember’ After Best August Since 2017

So far, Rektember is living up to its name as Bitcoin slips. Will this September follow the historical averages, or break the trend?

Sality Botnet Dismantled After Eight Years of Stealing Bitcoin and Ethereum

CrowdStrike and the DOJ isolated more than 15,000 infected machines in a malware takedown spanning four countries.

Kalshi Suspends House Candidate Laurie Buckhout for Betting on Herself

The North Carolina Republican bought less than $1,000 of contracts on her own race and drew a three-year ban.

OpenClaw 2.0 Is Here: What Changed, Why It Took Two Months, and How It Stacks Up Against Hermes

The open-source agent framework that started the "autonomous AI" hype cycle just shipped its biggest update ever, almost by accident, and it's coming for the enterprise…

Nvidia Invests $3.5 Billion in MediaTek to Expand Beyond GPUs

The deal, part of MediaTek's record $3.9 billion bond offering, ties Nvidia's chip ecosystem to a Taiwanese rival building its own AI accelerator business.

Bitcoin Slides as US-Iran Tensions Escalate

Things are heating up between Iran and the U.S. — again — and it's hurting bitcoin's price.

Robinhood Chain DEX Volume Jumps to $1.6 billion

Trading on the Ethereum Layer 2 climbed 61% in a matter of days as DeFi deposits and stablecoin holdings approached $800 million.

What Is 'Red September'? Bitcoin's Curse, and Why Wall Street Has the Same One

Bitcoin has lost ground in eight of the last 13 Septembers. The stock market's had the same problem since 1928.

Anthropic Ships Claude Fable 5.1, More Than Doubling Its Predecessor on Key Benchmark

Fable 5.1 and its restricted sibling Mythos 5.1 arrive three months after export controls forced Anthropic to pull Fable 5 offline for 18 days…

Bitcoin Defies Seasonal Slump With Third-Best August Ever

Bitcoin usually has a summer lull but August was different, analysts have pointed out.

Bitcoin's Next Move: Bullish Bets Run Up Against a Historical Wall

Bitcoin just had one its best months in years amid a price rally that broke the crypto winter pattern. But the charts tell a complicated story.

Cathie Wood’s Ark Invest Buys $37 Million in Bitcoin and Payments Firm Block

The investment firm bought 456,059 Block shares across three ETFs and added $3.4 million in Circle stock.

South Korea’s Bitcoin ‘Kimchi Premium’ Returns

The closely watched bitcoin retail market in the Asian nation is making moves again.

Gal Gadot Defends AI Use in Bitcoin Film: 'Work With It or Be Out of the Game'

The actor’s lawyers spent six months negotiating the contract for “Bitcoin: Killing Satoshi” in order to “protect” her performance.

Morning Minute: Saylor’s Back Buying Bitcoin

Strategy somehow threaded the needle of buying Bitcoin and STRC while also raising cash. Now how will the market respond?