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Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. …
Bitcoin miners face deepening margin squeeze as revenue falls below production costs
An estimated 20% of miners are now unprofitable at current prices, and the stress shows up at the network level, too.
Your Hermes Agent Now Has a Pet. It Does Nothing—And That’s the Point
Nous Research added animated mascot sprites to the self-improving AI agent—and the only thing they do is look cute …
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with th…
Leaked Code Suggests Anthropic Is Preparing to Bring Fable 5 Back
A leaker found new strings inside Claude Code that hint at weekly Fable 5 usage built into subscription plans, not so…
OpenAI Turns Up the Heat With Jalapeño, Its First Custom AI Chip
Built with Broadcom, the LLM-focused accelerator is the first step in OpenAI's effort to design the hardware behind C…
Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation risin…
AI chipmaker Cerebras down 11% after first public earnings report
While revenue was up 92% from year-ago levels, the company forecasted a lower core gross margin next quarter.
Meet Qwable: The Free Local Model That Thinks Like Claude Fable
Someone fine-tuned Fable 5's reasoning style into a local Qwen model. Then someone else removed its conscience.
OpenAI's GPT-5.5 Cyber AI Beats Anthropic's Banned Mythos Model—And Nobody's Shutting It Down
GPT-5.5-Cyber tops the CyberGym leaderboard as Anthropic's best models sit offline under a Trump administration expor…
AI Agent Triggers Nuclear Strike After Getting Outmaneuvered in Civilization VI
A new benchmark designed to test strategic reasoning found an AI-controlled empire spent 50 turns developing nuclear …
A New OpenClaw Competitor: ToqanClaw Promises Privacy in AI Agent Race
Prosus launched ToqanClaw, a no-code AI platform positioned as an European alternative to AI agents like OpenClaw.
Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset
The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-E…
Ethereum Foundation cuts 20% of staff amid leadership exodus
The reduction follows a period of significant upheaval at the organization’s leadership level.
THORChain resumes trading five weeks after $10.7 million exploit
THORChain resumed trading after a 5-week halt following a $10.7 million multichain exploit in May affecting an Asgard…
Trump signs orders to build a quantum computer and protect against the one that could break encryption
The White House issued twin executive orders to accelerate U.S. development of large-scale quantum computers while si…
Crypto lobby urges Congress pass staking and mining tax bill as is
A trio of crypto lobby groups says a bill allowing staking and mining rewards to be taxed when they’re sold should …
Trump signs orders for quantum computer, cryptography upgrades
“We’re going to be investing in American quantum leadership like never before to stay ahead of the pack,” says …
Google Warns AI Consciousness Debate Could Become a Political Battleground
A new paper from Google DeepMind argues that disagreements over whether AI is conscious could spill into politics, la…
The Studio Behind 'Ex Machina' Is Now Researching AI With Google
Google is investing $75 million in A24 as part of a new AI research initiative focused on filmmaking tools.
Ethereum Foundation talent exodus sparks fresh debate over leadership
The Ethereum community is once again debating the future of the foundation after co-executive director Hsiao-Wei Wang…
Crypto's second U.S. lobbying front — tax policy — sees industry push on mining, staking
The crypto sector's leading U.S. advocacy groups asked the U.S. House's tax committee to advance a bill to clarify tr…
Q2 2026 emerges as most-hacked quarter on record with 83 incidents
Crypto hackers stole $755 million across 83 cybersecurity incidents, as cross–chain bridges remained the most costl…
Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives
An attacker forged withdrawal proofs to drain about $1.7 million, the same type of flaw behind this year's biggest br…
Live markets: Bitcoin is stuck near $64,000 as ETF outflows reach a sixth week
Eased ETF selling and improving risk appetite are being offset by a firmer dollar and cautious institutional flows, l…
Bitcoin developers want to fix the 'replace this transaction with a higher fee' button. Here's why
A helpful feature of speeding up transactions has become redundant and a "fingerprint" for tracking. Developers now w…
Ethereum validators asked to fund projects with up to 10% of staking rewards under new proposal
A new governance proposal would let validators redirect part of their staking income toward ecosystem funding, raisin…
Ethereum Layer 2 Taiko halts block production following exploit; urges users to withdraw funds
Onchain security firm Blockaid said the root cause of the exploit could be a flaw in Taiko bridge's source-signal pro…
Inception Labs' Mercury 2 AI Beats Google's DiffusionGemma at Its Own Game
Both models trade word-by-word generation for parallel denoising. Only one of them does it without losing intelligenc…
Notorious ‘jaredfromsubway’ MEV bot drained for roughly $7.5 million in counter-MEV honeypot
An X account using the bot's name claimed a $15 million loss and offered a $1 million bounty, but evidence shows it i…