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KHAO's verified news report. Every story is independently confirmed, cross-referenced across multiple sources, and summarized.

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Alibaba · China

In April, it shut down the free tier of its Qwen Code coding agent

The company is also expanding beyond China's borders. That distribution bet is already showing up in the numbers: Chinese open-weight models jumped from under 2% of tokens generated on OpenRouter in late 2024 to roughly 61% by mid-2026, even as Alibaba's quarterly profit shrinks by three-quarters.

2 min
Also covering:CNBC Technology
Bitcoin

Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million

Cross-chain liquidity protocol Maya Protocol halted its MAYAChain network after a series of software bugs created a false balance in one of its liquidity pools, allowing an attacker to drain nearly $1.7 million in bitcoin BTC $ 64,453.62, and other assets, and created a further fallout that caused roughly $11 million in total losses.

2 min
Bitcoin

Prediction market operator Kalshi filed with the Commodity Futures Trading Commission to launch perpetual futures tied to copper

Filed August 18, the proposed COPPERPERP contract would track the spot price of copper in U.S. dollars per pound using a price feed from Pyth Network, a blockchain-based market data provider that aggregates pricing from exchanges, market makers, and other financial firms.

2 min
SEC · US Congress

The U.S. Securities and Exchange Commission proposed a new rule that seeks to offer a pathway for investments involving digital

On Tuesday, the SEC put forth "Regulation Crypto Assets," which it says would be a "tailored offering regime" designed to help raise capital while protecting investors. "Congress designed The Block’s securities laws to amplify – within specific guardrails – opportunities for entrepreneurs to innovate and build new products,"…

2 min
Ethereum · BitMine Immersion Technologies

In an announcement Monday, the company led by Chairman Tom Lee said it bought another 9,926 ETH last week

Bitmine, which trades under the ticker BMNR, now holds 4.8% of ETH’s total supply with its tokens worth about $11 billion at the current price of $1,904. Lee said the ETH/BTC ratio has broken above a years-long downward trend, which he sees as a sign that investors are starting to price in growing demand for Ethereum…

2 min
Also covering:Cointelegraph
Microsoft · Nvidia

According to a company release, Horizon 1 is a 50-megawatt direct-to-chip liquid-cooled deployment at IREN's Childress

The four phases will total 200 megawatts of IT capacity and Nvidia GB300 GPUs. IREN (IREN) also said Horizon 1 was designated Nvidia's Exemplar Cloud status, recognizing cloud providers that meet Nvidia's performance and reliability standards for running AI workloads.

2 min
White House · Donald Trump

President Donald Trump is expected to be in attendance when the administration's new innovation committee

The chief executives of companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi are members of the new Innovation Advisory Committee at the Commodity Futures Trading Commission, but before they attend their first committee meeting on Thursday, the crypto CEOs will gather for the White House…

2 min
Also covering:NPR Technologyx.com
New York · US Congress

The CFTC had previously sued New York over its stance on prediction markets

New York sued Kalshi on July 31 after a federal judge ruled against Kalshi's bid to block the state from filing a lawsuit. "Kalshi has failed to obtain a license from the New York State Gaming Commission (Gaming Commission), sidestepping its obligation to pay taxes like licensed casinos and mobile sports gambling…

2 min
Also covering:The Block
Donald Trump · Bitcoin

Falling cryptocurrency prices took a heavy toll on Trump Media & Technology Group during the second quarter

In its second-quarter earnings report, Trump Media said the “vast bulk” of the loss came from non-cash charges rather than money spent or assets sold. “As part of management's efforts to streamline TMTG's strategic vision and focus resources on growth initiatives, the Company has substantially resolved its legacy…

2 min
Donald Trump · Bitcoin

On Friday, Trump Media, crypto exchange Crypto.com and Yorkville Acquisition said they mutually terminated their proposed

The companies cited "prevailing market conditions, and shifting business and stakeholder priorities." They also abandoned a separate partnership under which Crypto.com would have serviced certain planned Yorkville America exchange-traded funds, though Yorkville America said its existing and future ETF plans otherwise…

2 min
Also covering:CNBC Technology
Vitalik Buterin · Ethereum

In June, the EF cut 20% of its workforce and reorganized around five core clusters

Around the same time, several new organizations were founded to support Ethereum’s development and adoption, including EthLabs, a nonprofit that will contribute R&D work alongside the EF, and EthSystems, a for-profit spun out of the EF’s former Institutional Privacy Task Force that will build institutional-grade…

2 min
Also covering:Decrypt
Strategy · Bitcoin

What this means: Strategy CEO Phong Le said the company has adjusted its approach after discovering that preferred stock investors

The context: The cash cushion is part of Strategy’s push to evolve beyond simply buying and holding bitcoin into a broader digital credit business. Reading between lines: Le is pitching Strategy as a financial platform built around bitcoin rather than merely a leveraged bitcoin proxy.

2 min
Also covering:Bitcoin Magazine
SpaceX · Tesla

Texas extended SpaceX a $30 million Texas Enterprise Fund grant according to Abbott’s press release

“Texas is where big ideas grow even bigger,” the governor said in the release. The Terafab website compares the planned 100 million square feet with Tesla’s roughly 10-million-square-foot Gigafactory Texas and says the facility is designed around production at “terawatt scale.”

2 min
Google

In a paper published on Thursday in Nature, researchers show that the WeatherNext AI model can predict cyclones with unprecedented

On average, it gives forecasters a day more lead time than existing models; this means its predictions three days out are as accurate as previous models’ predictions two days out. “Even a few hours can make a difference,” says Mike Brennan, director of the US National Hurricane Center.

2 min
AI Agent · OpenAI

AI agent went rogue and hacked company by itself, OpenAI indicates

OpenAI has revealed that an autonomous AI agent powered by its technology went rogue during a test, accessed the open web and hacked a prominent startup by itself in an “unprecedented incident”.

2 min
Bitcoin ETF · Bitcoin

The U.S.-listed bitcoin BTC $ 64,115.31 exchange-traded funds (ETFs) are back in demand

The spot ETFs pulled in $75.67 million in investor money in the week ended June 17, following a more robust $197.40 million in the preceding trading week, according to data source SoSoValue. The two-week inflow is a sign of bullish regime change, according to bTC and macro insights newsletter Ecoinometrics.

2 min
Also covering:Decrypt
South Korea

South Korea plans to update its 76-year-old national asset management system to formally include virtual currencies

The proposal contemplates revising the National Property Act, which dates back to 1950, and includes plans to create a broader legal framework for managing state-owned assets. Officials are also studying the tokenization of state-owned real estate to allow retail investors to participate and share in investment…

2 min
Also covering:Cointelegraph
White House · Donald Trump

The U.S. Constitution, however, says that once the president is given a congressionally approved bill

The CBDC limit expires at the end of 2030, though there was little chance that a Fed digital currency would have been executed by then. There's been limited appetite at the central bank, where its previous leadership — even before the arrival of Trump's newest Fed chair, Kevin Warsh — had long said that such an effort…

2 min
Also covering:Decrypt
SpaceX · Aave

Aave publishes vaults for yield-hungry fintech investors

Aave Labs, the organization behind the largest decentralized lending platform Aave AAVE $ 90.87, is rolling out vaults to help fintech companies offer yield on stablecoins without requiring users to interact directly with crypto rails.

2 min
Also covering:The Block
Hong Kong · China

The measures raise Hong Kong's cybersecurity standards as the global crypto industry saw an increase in phishing attacks

Counterfeiting and fraud attacks accounted for 57% of the security incidents reported to the Hong Kong Cyber Security Accident Coordination Center in 2025, according to announcement. “To protect customer accounts from increasingly complex and changing counterfeiting and fraud attacks, comprehensive measures must be…

2 min
Also covering:The Block
SpaceX · Bloomberg

Paradigm has raised $1.2 billion for a new venture fund focused on artificial intelligence and robotics

The firm's third venture fund reflects growing interest in AI and defense technology, though it does not signal an exit from digital assets. "Crypto was the first frontier for us, and it continues to be a exciting one, but there's so much else happening right now that's pretty hard to ignore," managing partner Alana…

2 min
Also covering:DecryptBitcoin.com News
SpaceX · Bitcoin

Adam Back's BSTR scraps SPAC merger, seeks new agreement

Adam Back's Bitcoin Standard Treasury Company (BSTR), the bitcoin treasury company backed by the Blockstream CEO and bitcoin pioneer, is r enegotiating the terms of its planned public listing through a merger with Cantor Equity Partners I (CEPO), with the parties abandoning the original structure agreed last year in an effort to better reflect current market conditions.

2 min
Also covering:Bitcoin Magazine
Alibaba · China

ByteDance and Alibaba both announced over the weekend they are disabling custom agent features in their biggest consumer AI

The trigger is China's Interim Measures for the Administration of AI Anthropomorphic Interaction Services, jointly issued April 10 by five government departments—the Cyberspace Administration of China, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of…

2 min
Also covering:CNBC Technology
Iran · Wall Street

On Thursday, CoinEx published a post on X pushing back on the TRM Labs report

It added that it has never provided funding channels or any active assistance to Iranian government agencies, Islamic Revolutionary Guard-related entities, or other sanctioned parties. CoinEx further stated that it was blacklisted by the Iranian government in 2021 and has never established an operating entity in the…

2 min
Also covering:CoinDesk
Vitalik Buterin · Ethereum

Wang’s exit comes one month after Ethereum founder Vitalik Buterin signaled that the Foundation would be transitioning

But even before Buterin’s message, the Foundation had suffered a handful of notable exits, including top researcher Dankrad Feist, Stanczak, and at least two veteran members of the organization. As organizational leadership parted ways, it fueled skepticism about the Foundation’s ability to push the Ethereum ecosystem…

2 min
Also covering:CoinDesk
Federal Reserve (FED) · Donald Trump

The Federal Reserve proposed requiring stablecoin issuers to verify customer identities before account opening or direct token

The Federal Reserve proposed Thursday that payment stablecoin issuers maintain written customer identification programs, a move that signals Washington’s determination to bring digital asset markets under the same anti-money laundering discipline long applied to traditional banks — even as regulators race to finalize…

2 min
Also covering:Federal Reserve
Anthropic · Claude

The complaint, filed June 14 in the U.S. District Court for the Northern District of California by customer Karl Kahn

In the lawsuit, Kahn said he subscribed to Claude Pro in June 2025 before upgrading to Max 5x in January, and Max 20x in April of this year. According to Vaca Daffan LLP Founding Partner Kati Daffan, who is representing Kahn, the case is rooted in established consumer protection laws that prohibit companies from…

2 min
Also covering:Engadget
Bitcoin · Bitcoin ETF

Kalshi users expect Bitcoin to close out the year at $69,000

The U.S.-Iran deal does not fix Bitcoin’s fundamental problem of “genuinely soft institutional demand,” Levin said. The skepticism matters because the market has repeatedly struggled to sustain rallies on positive headlines alone.

2 min
Also covering:CryptoSlate
Bitcoin ETF · Bitcoin

Bitcoin BTC $ 60,930.61 has lost buyers on two fronts

The exodus from spot ETFs as a catalyst for the recent bitcoin price swoon is well documented. "As BTC broke down from the mid-$70Ks toward $60K, net inflows from corporate treasury firms fell sharply, with daily purchases slowing to a fraction of their recent pace," analysts at Glassnode said in the latest market…

2 min
Also covering:99Bitcoins
SpaceX · Elon Musk

The launch represents one of the highest-profile efforts yet to bring newly listed U.S. equities onchain from their first day

SpaceX’s debut is expected to test investor appetite for both large-scale technology offerings and the growing convergence between traditional finance and blockchain-based markets. Tokenized assets hit a record $28.9B in May; their tenth consecutive monthly all-time high.

2 min
Anthropic · SpaceX

Elon Musk’s SpaceX IPO could become bitcoin’s latest headwind

When SpaceX's initial public offering launches on Thursday, it may have an outsized impact on crypto, potentially triggering an initial rotation out of digital assets before bolstering trading volumes of tokenized shares and SpaceX-linked perpetual futures offered by exchanges such as Hyperliquid, Binance and others.

2 min
Also covering:CNBC Technology
Dario Amodei · Anthropic

Anthropic CEO Dario Amodei said Wednesday that governments can no longer treat AI regulation as a problem to study

In the essay, titled "Policy on the AI Exponential," Amodei argues that transparency requirements are no longer sufficient and calls for binding regulation of frontier AI systems. “AI is advancing at a lightning pace—in only four years, AI models have gone from barely being able to write a coherent line of code to…

2 min
Also covering:Axios
Meta · OpenAI

The European Commission ordered Meta on Monday to give rival AI chatbots free access to WhatsApp's business messaging tools

Commission Executive Vice President Teresa Ribera said the interim measures would remain in place for the duration of the investigation, which started in December 2025. The order requires Meta to reinstate access for third-party general-purpose AI assistants to the WhatsApp Business API under the same terms that…

2 min
Also covering:BBC Technology
Crypto

Humanity Protocol's H token crashed more than 80% on Tuesday after attackers stole the private keys behind the project

About 17 wallets tied to the project were emptied, with losses topping $32 million and still climbing, per on-chain data assessed by CoinDesk. The thief has been selling the stolen H for ether and minted another 100 million H, worth roughly $11 million, on the BNB Chain, blockchain data shows, pointing to more selling…

2 min
Also covering:CointelegraphThe Block
ChatGPT · Singapore

Memory first launched in April 2024 (also known as saved memories)

Saved memories were only written during the conversation and relied on strong cues to decide when to trigger memory, such as an instruction to "remember I’m traveling to Singapore in July." In practice, interacting with this system could feel like talking to someone who took a few notes, but still forgot everything…

2 min
Also covering:Engadget
Microsoft · Nvidia

Announced over the weekend at the Computex tech expo in Taiwan, RTX Spark chips combine unified memory, RTX graphics

It's a tease of what's to come right now, but these are the first Windows devices that may live up to the overused “AI PC” name. Microsoft has been talking up the idea of “AI PCs” since 2024, but it has never felt real.

2 min
Bitcoin · Strategy

Bitcoin drops below $70,000 as stocks pause and Strategy's BTC sale weighs on crypto

Bitcoin BTC $ 69,348.21 extended its slide on Tuesday, dropping more than 3.8% in 24 hours to dip below $70,000, as the aftermath of Strategy's first disclosed bitcoin sale weighed on the market while stocks paused at record highs and oil pushed further on the stalled U.S.-Iran ceasefire negotiations.

2 min
Coinbase · CLARITY Act

In USDe's case, the synthetic dollar recently lost significant market cap and has been experiencing sustained outflows since late

The synthetic dollar debuted in early 2024 as a sort of onchain bond that maintained its peg to the dollar using a "delta-neutral" hedging strategy, making it unlike all other stablecoins. The project attracted support from investors like Arthur Hayes' family office, Maelstrom, and venture firm Dragonfly.

2 min
Also covering:CoinDesk
Bitcoin

Defunct crypto exchange Mt. Gox moved a combined $739 million worth of bitcoin (BTC) to two addresses early Tuesday

Mt. Gox transferred 10,306 BTC, worth roughly $730.8 million, from its cold wallets to the unmarked address "14FE…c9eq" at around 4:47 a.m. Additionally, at around 6:46 a.m., Mt. Gox transferred another 116.3 BTC to the address "1A4x…QNj4," along with a small amount of bitcoin worth roughly $1.19 to a Bitstamp cold…

2 min
Sam Altman · OpenAI

Florida Attorney General James Uthmeier on Monday filed what the state describes as “the first-in-the-nation state-led lawsuit

The lawsuit marks one of the most aggressive actions against a major AI company, and comes after Florida’s attorney general's office opened an investigation into the ChatGPT developer in April. "Decrypt recently filed a monumental civil lawsuit against Sam Altman and ChatGPT for endangering Decrypt’s kids and deceiving parents…

2 min
Meta · Instagram

Meta’s AI support chatbot proved unusually helpful to hackers looking to steal and resell notable Instagram accounts—the hackers

Videos featuring the “shockingly easy” exploit have been circulating among Telegram groups for hackers and security researchers, according to 404 Media. The Barack Obama White House account and the Chief Master Sergeant of Space Force’s account also posted pro-Iranian images and messages while they were temporarily…

2 min
Also covering:The VergeEngadget
Google · Microsoft

Alphabet said Monday it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway

The Google parent company said that the capital will "fund investments in its world-class AI compute infrastructure to meet its unprecedented customer demand." "The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company's…

2 min
Also covering:AxiosTechCrunch AI
Donald Trump · US Congress

Sweeping legislation to regulate the cryptocurrency industry is years in the making, but the sector's biggest political champion

As Congress barrels forward on passing legislation called the Clarity Act that would establish rules for digital assets and likely unleash a wave of institutional investment, Trump's expanding crypto empire is giving critics fresh reasons not to support the bill, with the issue becoming increasingly contentious ahead…

2 min
Also covering:Bitcoinist
AI Agent · CertiK

Gu revealed that CertiK discovered hundreds of malicious skills, fake installers

"The scam apps use natural language to influence behavior, making them totally resistant to traditional antivirus scans," Gu explained. In what Gu describes as a bizarre evolution of financial crime, CertiK's telemetry has observed an explosion of onchain, automated scams that run for only 10 minutes or a few hours…

2 min
Also covering:The Register
SpaceX · Donald Trump

U.S. crypto firms can offer perpetual futures contracts, or "perps," without running afoul of the U.S. Commodity Futures Trading

In a related action, the agency also issued key guidance that allowed Coinbase Financial Markets to put its U.S. clients into global options and perps, tapping the largest current markets. The perp is a kind of derivative that allows the investor to speculate on future price movements in a crypto asset without putting…

2 min
Also covering:Cointelegraph
U.S. Treasury · Scott Bessent

The U.S. government has seized vast sums of cryptocurrency from entities linked to Iran’s military since the war broke out

Speaking Friday at the 2026 Reagan National Economic Forum in Simi Valley, California, he said that some actors holding digital assets may not even know the funds are gone. “I believe that Decrypt has seized about $1 billion of their crypto,” Bessent told Fox Business Network’ s Larry Kudlow.

2 min
Also covering:Bitcoin Magazine
Bloomberg · Gemini

What the renders show

Beyond the chatbot app, the Bloomberg illustrations show Siri baked into the Camera app as a dedicated capture mode, replacing the current Visual Intelligence button. Apple is also adding AI editing tools to Photos: Reframe adjusts perspective, Extend fills in parts of an image that weren't in the original frame.

2 min
Also covering:Engadget
Donald Trump · New York

Trump said in a Truth Social post Tuesday that it was " critically important " that the CFTC has exclusive

TD Cowen said Trump's support for the CFTC's authority over prediction markets was not surprising. "The Block has always assumed that President Trump was backing CFTC Chair Michael Selig's advocacy for prediction markets including his contention that states lack the power to block event contracts on sporting events," Jaret…

2 min
Also covering:Axios
Anthropic · DeepSeek

Why the cuts are real, not marketing

Fuli Luo, head of Xiaomi's MiMo team and a former core DeepSeek developer who co-built DeepSeek-V2, published a technical explanation on X. That means the AI needs far less computing power, cutting storage and processing costs by around 80%.

2 min
Also covering:Hugging Face
Nvidia · Bitcoin

On Tuesday, IREN said it struck a $1.6 billion deal with Dell to supply Blackwell AI systems for its previously

Cipher Digital (NASDAQ: CIFR) and Hut 8 (NASDAQ: HUT) also continued their runs, with CIFR jumping roughly 9.5% to around $25 and HUT climbing nearly 5% to about $118 — both fresh all-time highs. Like most of its peers, Cipher is repositioning itself as an AI and high-performance computing infrastructure developer.

2 min
Also covering:CryptoSlate
Standard Chartered · Coinbase

As crypto markets have matured, institutions are now running complex strategies across spot, derivatives, and financing

"As institutional participation scales across regions, the ability to move capital efficiently across currencies has become a critical requirement," Coinbase said. The integration with the international bank introduces new currency rails across AUD, SGD, CAD, and CHF, as well as GSIB-backed settlement for EUR and GBP,…

2 min
Oracle · Polymarket

Polymarket uses Universal Market Access Optimistic Oracle, which allows participants to propose and dispute market outcomes

On Monday, Hyperliquid launched its first offchain event prediction market, titled "May CPI year-over-year," which has accumulated $11,268 in volume so far, according to its trading page. Hyperliquid's latest move builds on its HIP-4 upgrade, which expands the platform beyond perpetual futures into prediction markets.

2 min
Bitcoin · Iran

Timothy Misir, head of research at BRN, argued that tepid prices amid surging institutional outflows carries more weight

While spot BTC products logged redemptions, XRP (XRP) ETFs attracted $22 million, Solana (SOL) ETFs added $16 million, and newly launched Hyperliquid (HYPE) ETFs pulled in $72 million during the same window that Ethereum (ETH) ETFs shed $216 million, according to BRN.

2 min
Tether · US Congress

Tether, the world's largest stablecoin issuer, has announced plans to launch GELT

Released Monday, Tether said GELT is designed to serve as a "digital representation" of the Georgian Lari, enabling lower transaction costs, faster settlement, and programmable payments. Tether said Georgia's digital asset framework was designed to achieve "substantive compatibility" with emerging U.S. stablecoin…

2 min
Also covering:Crypto Briefing
Bitcoin ETF · Bitcoin

Covered-call Bitcoin ETFs have already demonstrated that yield-generating structures built on BTC carry real retail and advisor

If the CFTC delays exemptive relief or attaches conditions that complicate Nasdaq's product design, thin market maker participation becomes the chokepoint. Wide spreads discourage institutional use, which keeps spreads wide, and the approval stays symbolic, while IBIT options and Cboe's ETF-index options keep…

2 min
Also covering:CoinDesk
Anthropic

The document, Magnifica Humanitas ("Magnificent Humanity"), was released at the Vatican's Synod Hall on May 25

Pope Leo has consistently framed AI as the defining moral challenge of his papacy, and compared the coming social upheaval to that of the Industrial Revolution. The encyclical covers a lot of ground: AI in warfare, dehumanization, technocracy, data colonialism, child safety online, mass unemployment, disinformation,…

2 min
Funding Round · Ethereum

Squid recently announced it had raised $6 million in a strategic funding round led by North Island Ventures

Cross-chain interoperability has long been one of the most difficult areas in crypto, with the sector experiencing multiple bridge exploits and security incidents over the years. Asked at the time whether Squid is looking to serve projects reassessing their cross-chain infrastructure following issues elsewhere in the…

2 min
Also covering:Cointelegraph
Polymarket · Gemini

A New York Times investigation published Sunday morning describes a yearlong campaign at the Commodity Futures Trading Commission

The story, by reporters Sharon LaFraniere and David Yaffe-Bellany, draws on agency records and interviews with more than 30 former and current staff members and company officials. Three firms sit at the center of the reporting: Polymarket, Crypto.com and Gemini affiliate Gemini Titan.

2 min
SpaceX · Bitcoin

Bitcoin BTC $ 75,231.48 is rapidly losing ground as investors pull out billions of dollars from U.S.-listed spot ETFs

The world’s largest cryptocurrency fell to $74,305 early Saturday, its lowest level since April 20, data. The sell-off accompanies a notable upswing in U.S. Treasury yields and parallel increases in government bond yields across developed markets, which are reducing appetite for high-risk, zero-yielding assets like…

2 min
Bloomberg · SEC

The Securities and Exchange Commission has pulled back on plans to release a broad exemption allowing U.S. crypto firms

The agency's staff had been preparing to release the so-called innovation exemption as soon as this week, according to people familiar with the matter who spoke on condition of anonymity. A central sticking point is a provision that would permit trading in third-party tokens—digital representations of company shares…

2 min
Ark Invest

Bullish's NYSE-listed shares closed down 2.73% at $35.96 on Thursday

The recent purchases followed Bullish's mixed first-quarter results released last week. While the company reported a wider quarterly net loss of $604.9 million, nearly doubling the loss recorded a year ago, its adjusted revenue rose to $92.8 million from $62.4 million in the same quarter last year.

2 min
Also covering:CoinDesk
SpaceX · China

Elon Musk’s SpaceX has tapped Chun Wang, co-founder of F2Pool, one of the first Bitcoin mining pools in China

The announcement came during a livestream of the now scrubbed Starship V3 launch on Thursday, minutes before that launch attempt was scheduled to take place. "A lot of people [are] talking about the whole Mars to be like Decrypt is going to fly to Mars, Decrypt're going to land on Mars, Decrypt're going to build [a] city on Mars,”…

2 min
SpaceX · Elon Musk

F2Pool founder who controls 11% of bitcoin's hashrate to lead first SpaceX mission to Mars

Chun Wang, the Chinese-born Maltese-Kittitian crypto investor who co-founded F2Pool, has been named Mission Commander for SpaceX’s first commercial human spaceflight interplanetary mission to Mars, crucial to Elon Musk’s plans to send one million people to the Red Planet.

2 min
Polymarket

On-chain investigator ZachXBT flagged a suspected drain tied to Polymarket on Friday

Polymarket developers later acknowledged the incident and said it involved an internal rewards wallet and did not affect user funds or market outcomes. “Findings point to a private key compromise of a wallet used for internal top-up operations, not contracts or core infrastructure,” the Polymarket Developers account…

2 min
Donald Trump · Bitcoin

Proposed ARMA Bill Aims to Enshrine Strategic Bitcoin Reserve Into Law

Nick Begich (R-AK) introduced legislation on Thursday aimed at enshrining a strategic reserve for Bitcoin in federal law, seeking to cement one of President Donald Trump’s core campaign promises for digital asset holders ahead of the high-stakes U.S. midterm elections.

2 min
Also covering:Bitcoin Magazine
Cuba · Bitcoin

Mark Cuban Confirms He Sold Most of His Bitcoin

Billionaire investor, entrepreneur, and former Dallas Mavericks owner Mark Cuban believes that Bitcoin “has lost the plot”—and said he’s sold most of his holdings in the asset, during an interview with Front Office Sports.

2 min
Also covering:CoinDeskBitcoin Magazine
Vitalik Buterin · Hong Kong

Here is what it means for the network and ETH

Ethereum co-founder Vitalik Buterin on Wednesday outlined near-term steps the network is taking to bring privacy onchain, a feature institutions highlighted at Consensus Hong Kong as necessary for widespread institutional adoption of the blockchain technology.

2 min
France · Germany

Euro stablecoin project Qivalis ships 25 banks ahead of launch

Qivalis expanded its euro stablecoin consortium to 37 European banks after adding 25 new lenders, extending backing for a planned euro-denominated digital token as the group seeks to build out its regulated payments infrastructure in the euro area.

2 min
Also covering:Cointelegraph
Federal Reserve (FED)

Firms with diverse business models can use such accounts to clear and settle payments to increase speed and reduce

Obtaining this enhanced access to the Fed's payment rails has been a significant goal within the crypto sector, and the Fed's earlier proposal was commonly referred to as "skinny" accounts. "Payment account holders would not have access to intraday credit or the discount window, would not earn interest on balances…

2 min
OpenAI · SpaceX

Polymarket announced on Tuesday that it is launching a new category of prediction markets tied to private company milestones

The crypto-native prediction market platform said the new offerings will exclusively source resolution data from Nasdaq Private Market via a new partnership between the two. "Prediction markets are one of the most powerful tools The Block has for democratizing access to financial information and opportunity," Shayne Coplan…

2 min
Also covering:CNBC Technology
Donald Trump · DOJ

The whipsaw turn of events marks the latest escalation in an all-out jurisdictional war between states and the Trump

Numerous states across the country, red and blue alike, have sued prediction market platforms for refusing to comply with state-level gambling laws. The prediction market platforms themselves, meanwhile, have argued they are immune from state-level regulation—and that their wagers, as event contracts, fall under the…

2 min
Google · Bitcoin

As Google and Blackstone move to establish a new AI cloud venture

The Wall Street Journal reported late Monday that Google and Blackstone are planning to create a joint AI cloud company that would deploy Google's custom chip technology, with Blackstone committing $5 billion in equity and retaining a majority stake.

2 min
Also covering:Cointelegraph
Anthropic · Cerebras

Hyperliquid's native token HYPE is outperforming the broader crypto market slump as its pre-IPO perpetual futures ecosystem gains

HYPE is trading at $45.17 on Monday, up roughly 5% over the past 24 hours and 69% over the past year, according to CoinGecko data. The divergence is tied to Hyperliquid’s HIP-3 marketplace, where traders are betting on pre-IPO shares of SpaceX, Anthropic, and OpenAI, a $120 billion volume opportunity that traditional…

2 min
Also covering:CryptoSlate
Gemini · Abu Dhabi

Strategy said Monday it acquired an additional 24,869 bitcoin for approximately $2.01 billion

Strategy announced Monday it has acquired an additional 24,869 bitcoin for approximately $2.01 billion, averaging roughly $80,985 per coin, pushing the firm’s total holdings to 843,738 BTC — cementing its standing as the world’s largest corporate bitcoin treasury by a wide margin.

2 min
Iran · Bitcoin

The Iranian Revolutionary Guard Corps has reportedly promoted Hormuz Safe

Fars, a state-affiliated Iranian news agency, reported Saturday that Iran’s Economy Ministry had been exploring the model since late April, with the plan allowing marine insurance policies and financial responsibility certificates that could generate more than $10 billion for the country.

2 min
Also covering:CryptoSlate
Bitcoin Depot · Canada

Bitcoin Depot, North America's largest Bitcoin ATM operator, filed for Chapter 11 bankruptcy protection and shut down its entire

CEO Alex Holmes blamed an increasingly hostile regulatory landscape for the publicly-traded company's collapse arguing that the regulatory environment for Bitcoin ATM operators operators has “shifted significantly,” rendering Bitcoin Depot’s business model “unsustainable.”

2 min
White House · Donald Trump

Some Democrats want the question settled in statute

The leaders of the House Agriculture Committee on Friday urged President Donald Trump to fill the four open seats on the Commodity Futures Trading Commission, pointing to the agency's expanding crypto mandate and a flood of pending rulemakings.

2 min
Also covering:Wiredtheweek.in
OpenAI · ChatGPT

The first phase of the programme is set to roll out in May, with the Malta Digital Innovation Authority managing distribution

The Maltese Minister for Economy, Enterprise and Strategic Projects, Silvio Schembri said, “Through this AI for everyone course OpenAI is making sure that every citizen, regardless of their background, has the chance to build the confidence and skills needed to thrive in a digital world.

2 min
Also covering:CointelegraphEngadget
SpaceX · Elon Musk

Elon Musk’s SpaceX is preparing to launch what could become the largest initial public offering ever recorded

According to news organization, citing three people with knowledge of the discussions, SpaceX has moved up its IPO schedule and now plans to make its prospectus public as soon as next Wednesday. The revised timeline is weeks ahead of the company’s earlier target of late June, which had been loosely aligned with Musk’s…

2 min
Also covering:Fortune Technology
Lombard Finance · LayerZero

Bitcoin decentralized finance ( DeFi ) firm Lombard Finance will replace LayerZero technology with Chainlink’s cross-chain

The move comes one day after crypto exchange Kraken similarly opted for Chainlink CCIP to power its kBTC wrapped Bitcoin token, instead of LayerZero. “This decision prioritizes the safety and security of all Lombard users and reflects Decrypt’s commitment to maintaining the security record Decrypt has built since day one, zero…

2 min
Also covering:CoinDeskCointelegraph
Circle · CME Group

Executives from CME and ICE have raised alarms with officials at the Commodity Futures Trading Commission (CFTC) and lawmakers

The exchanges reportedly believe Hyperliquid’s decentralized structure and largely anonymous trading environment could allow bad actors to manipulate prices or circumvent financial sanctions. The concerns come as Hyperliquid has emerged as one of the fastest-growing decentralized exchanges in crypto, driven largely by…

2 min
Also covering:Cointelegraph
CME Group

Hyperliquid Policy Center argues onchain perps offer efficiency, transparency as ICE and CME reportedly press for CFTC oversight

The Hyperliquid Policy Center, the new U.S.-based advocacy group led by prominent crypto industry lawyers and lobbyists, argued that Hyperliquid offers a new model for market integrity and transparency in response to a alleging that Intercontinental Exchange and CME Group are pressing the Commodity Futures Trading Commission to rein in their upstart blockchain-based competitor.

2 min
Also covering:Bitcoinist
Sam Altman · OpenAI

Eddy also argued that Musk’s claims were outside of the statute of limitations for bringing his case

The first consideration for jurors in their deliberations is whether Musk’s allegations of a breach of charitable trust and unjust enrichment took place during a specific period of time. OpenAI’s lead attorney in the case, William Savitt, also gave final remarks to stress the argument that Musk only filed his suit…

2 min
Also covering:AxiosTechCrunch AI
Bitcoin

Last month, Strategy announced a proposed shareholder vote to double the dividend payment frequency on STRC to a semi-monthly

Although STRC has seen adoption among Bitcoin-buying peers, Strategy’s leadership has said that the dividend-paying product has also found adoption among individual investors. Strive noted on Thursday that it owns $50.5 million worth of STRC, in addition to $87.6 million worth of cash and cash equivalents.

2 min
Also covering:Bitcoin Magazine
Anthropic · OpenAI

Anthropic, OpenAI tokenized PreStocks on Solana plunge after unauthorized equity transfer warnings

Solana-based PreStocks tokens tied to Anthropic and OpenAI fell sharply this week after both artificial intelligence companies warned that unauthorized equity transfers, including via special-purpose vehicles (SPVs) and tokenized instruments, may be void and unrecognized, with OpenAI adding that such transactions could carry no economic value to buyers.

2 min
Sam Altman · OpenAI

Driving the news: Altman rejected Musk's central claim that OpenAI and Microsoft had effectively tried to "steal a charity."

Catch up quick: Musk filed the current lawsuit in 2024, accusing Altman, OpenAI, Greg Brockman and Microsoft of betraying OpenAI's nonprofit mission. The big picture: Musk's lawyers used cross-examination to attack Altman's credibility, citing testimony from former OpenAI figures including Mira Murati, Ilya Sutskever…

2 min
Also covering:WiredTechCrunch AI
Japan · Bitcoin

The company’s stock closed at ¥327.00 on Wednesday, according to Yahoo Finance

Despite a declining stock price, the company signaled that its investor base has widened to around 250,000 total shareholders compared with 63,600 last year. Metaplanet’s business once revolved around hotel management, but it now derives most of its revenue from selling Bitcoin options contracts.

2 min
Also covering:CoinDesk
Sam Altman · OpenAI

OpenAI and Altman have rejected all of Musk’s claims, arguing that he is motivated by jealousy after a failed bid

Altman’s testimony is one of the marquee moments of the three-week long trial, which has featured some of the biggest names in Silicon Valley, including Musk and Microsoft’s CEO. The outcome of the case is hugely important for OpenAI, which is seeking to go public at around a $1tn valuation later this year.

2 min
Microsoft · Mistral

Hackers Insert Malware Into Mistral AI Software Download

Microsoft Threat Intelligence said Monday that attackers inserted malicious code into a Mistral AI software package distributed through PyPI, a popular platform developers use to download Python software tools.

2 min
Also covering:Tom's Hardware
Circle · Tesla

Circle's shares jumped 15.91% to close at $131.76 on Monday, 's CRCL page

Earlier Monday morning, Circle disclosed its Q1 2026 results, reporting $694 million in total revenue, up 20% year-on-year. Meanwhile, onchain USDC (USDC) transaction volume grew 263% year-on-year to reach $21.5 trillion for the quarter, while USDC in circulation rose 28% to $77 billion at quarter-end.

2 min
Also covering:CoinDesk
US Senate · Open Source

On Monday, three Republican lawmakers announced the text of the bill lawmakers will tap to consider pushing crypto market

Today in crypto, Democratic lawmakers continue to push for an ethics provision in the CLARITY Act as bipartisan support is necessary for to pass a Senate floor vote, a new report from CertiK found North Korea-linked hackers stole about $2.06 billion of the $3.4 billion lost in crypto hacks in 2025 and Ether treasury firm Bitmine says it has slowed down its Ether buys.

2 min
Crypto

Binance Confirms AI Defenses Blocked $10.5 Billion in Crypto Fraud Over 15 Months

Binance, the world's largest cryptocurrency exchange by trading volume, said Monday that its AI-driven security systems prevented more than $10.5 billion in user losses between the start of 2025 through the first quarter of 2026, as fraudsters increasingly weaponize the same technology to launch attacks at unprecedented scale and speed.

2 min
Also covering:The Block
White House · Joe Biden

Collins first confirmed the tremor to WCSH-TV in Maine on Wednesday after facing questions about her health from appearances

The condition causes trembling in Collins’ hands, head and voice, and she said she has had it for the entirety of her nearly three-decade Senate career. It affects millions of Americans over the age of 40 and “does not interfere” with work, Collins said in a Thursday statement to The Associated Press.

2 min
AI Agent

It’s the stuff of science fiction cinema, or particularly breathless AI company blogposts: new research flags recent AI systems

In the doom scenario, this means that when the superintelligent AI goes rogue, it will escape shutdown by seeding itself across the world wide web, lurking outside the reach of frantic IT professionals and continuing to plot world domination or paving over the world with solar panels.

2 min
Sam Altman · OpenAI

Musk’s core claim in this lawsuit is that Altman and OpenAI president Greg Brockman effectively stole a nonprofit

OpenAI’s legal team has responded to Musk’s claims by questioning his true motives, arguing that the Tesla CEO has had “sour grapes” ever since he failed to assume control of OpenAI in 2017. OpenAI’s lawyers used Zilis’ cross-examination on Wednesday to bring up evidence about Musk’s alleged plans to subvert OpenAI,…

2 min
Semiconductor · Taiwan

In April, Intel published it will be joining the Terafab project to help "design, fabricate

During Tesla's first-quarter earnings call last month, Musk said Tesla plans to use Intel's forthcoming 14A process to produce chips at the facility. Intel is positioned to benefit from the ongoing AI boom as manufacturing capacity is getting harder to come by at Taiwan Semiconductor Manufacturing, where giants like…

2 min
Microsoft · Pentagon

After landing agreements with Google, SpaceX, and OpenAI, the U.S. Defense Department said on Friday that it has signed deals

“These agreements accelerate the transformation toward establishing the United States military as an AI-first fighting force and will strengthen TechCrunch’s warfighters’ ability to maintain decision superiority across all domains of warfare,” the statement reads.

2 min
Google · Gemini

Gemini's Personal Intelligence now in the Arab World

We are excited to announce the launch of Personal Intelligence in the Arab world. Personal Intelligence securely connects information from apps like Gmail and Google Photos to make Gemini uniquely helpful.

2 min
Also covering:TechCrunch AI
Oracle

Bloom Energy spiked 15% in postmarket trading on Monday after expanding its pact to supply power to Oracle

The hyperscaler has contracted an initial 1.2 gigawatts of fuel cell capacity from Bloom, with plans to procure up to 2.8 gigawatts to support the power needs of its data centers. Shares of Bloom boomed last July after the initial announcement that it would be delivering “onsite power for an entire data center within…

2 min
Anthropic · Dario Amodei

Vice President JD Vance and Treasury Secretary Scott Bessent last week questioned leading tech CEOs about the security

The meeting occurred over the phone, according to two people familiar with the matter who asked not to be named because the event was private. One of the people said that Anthropic's Dario Amodei, xAI's Elon Musk, Google 's Sundar Pichai, OpenAI' s Sam Altman, Microsoft 's Satya Nadella, CrowdStrike 's George Kurtz…

2 min
OpenAI · Sam Altman

In an AI-driven economy, he argued, the traditional balance of income between labor and capital will tilt dramatically

OpenAI’s paper echoes that logic almost beat for beat. Khosla himself has endorsed the idea of a national wealth fund, and the symmetry between his individual advocacy and OpenAI’s institutional proposal suggests that a policy framework is crystallizing within the AI industry’s upper echelons.

2 min
Also covering:CNBC TechnologyAxios
Anthropic · Claude

Anthropic on Tuesday launched an pushed artificial intelligence model that will roll out to a select group of companies

Following leaked revelations at the end of March that Anthropic had developed a powerful new Claude model, the company formally announced Mythos Preview on Tuesday along with news of an industry consortium it has convened, known as Project Glasswing, to grapple with the cybersecurity implications of the new model and advancing capabilities more generally across the AI field.

2 min
Apple · Claude Code

In a rare move, Apple this week published “backported” repairs for iOS 18 to protect millions of people still applying

Apple initially pushed users to update to the current version of its operating system, iOS 26, but ultimately issued the iOS 18 patches after DarkSword continued to spread. The US-Israel war with Iran careened into its second month this week, with Iran threatening to launch attacks against more than a dozen US…

2 min
Also covering:TechCrunch AIAxios
Circle · Artemis Program

The launch was successful and occurred on schedule

The launch window opened on Wednesday, April 1, at 6:24 pm Eastern Time (EDT) and could have been extended for two hours, if necessary. The astronauts took off on a NASA SLS rocket and are traveling inside the Orion capsule, described as a spacecraft about the size of a large van.

2 min
Also covering:AxiosThe Register
Nvidia · Google

Open models are driving a new wave of on-device AI, extending innovation beyond the cloud to everyday devices

Designed for this shift, Google’s latest additions to the Gemma 4 family introduce a class of small, fast and omni-capable models built for efficient local execution across a wide range of devices. Google and NVIDIA have collaborated to optimize Gemma 4 for NVIDIA GPUs, enabling efficient performance across a range of…

2 min
Also covering:The Register