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Scott Bessent proposes independent agency to oversee frontier AI models
Treasury Secretary Scott Bessent proposes a FINRA-style independent agency to oversee frontier AI models, reporting t…
Bank of America names senior executives to drive AI adoption in global markets
Bank of America appointed senior executives to lead AI transformation and a global digital assets platform across its…
US government considers FINRA-style regulator for AI oversight, and crypto should pay attention
Google DeepMind CEO proposes a FINRA-style self-regulatory body for frontier AI models with a 30-day review period, c…
Bank of America taps new leaders to bridge crypto, AI and traditional finance
Sonali Theisen was named head of BofA's global digital assets platform, while Kevin Milsom was tapped to serve as hea…
Moonshot AI’s Kimi K3 model prompts David Sacks to warn US over AI competitiveness
David Sacks warns US is losing the AI race after Moonshot AI launches Kimi K3, a 2.8 trillion parameter model priced …
Meta Platforms faces uncertainty over AI return on invested capital as capex balloons to $145B
Meta Platforms plans up to $145B in 2026 capex for AI infrastructure as Morningstar assigns a High Uncertainty Rating…
CryptoQuant says Strategy still needs disciplined bitcoin buying and selling framework
CryptoQuant said Michael Saylor's Strategy still needs still needs clearer rules for when to buy and sell bitcoin.
TikTok tests AI likeness detection tool with US creators, raising questions about digital identity’s future
TikTok tests an AI likeness detection tool for US creators using Jumio identity verification, highlighting implicatio…
OpenAI CFO outlines scorecard for measuring AI investment value
OpenAI CFO Sarah Friar introduces 'useful intelligence per dollar' scorecard to measure AI investment ROI, shifting f…
FTX to distribute roughly $900 million to creditors in fifth wave of payouts
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since rep…
Brex open sources CrabTrap to secure enterprise AI agents
Brex open-sources CrabTrap, an HTTP proxy that intercepts AI agent network traffic using deterministic rules and LLM …
Bitcoin treasury company offers 10% income and still can’t sell nearly half its shares
BTC PREF is expected to begin trading July 20, with any discount to SEK 120 lifting the indicated cash yield above 10…
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool is worth covering because it sits inside…
Moonshot AI claims Kimi K3 can rival OpenAI and Anthropic, and markets are paying attention
Moonshot AI's Kimi K3 model packs 2.8 trillion parameters and challenges OpenAI and Anthropic, sending ripples throug…
Bitcoin slides toward $63,000 as Coinbase premium stays negative for a record 60 days
Bitcoin fell near $63,000 as chip stocks sold off, the Coinbase premium stayed negative a record 60 days, and ETF flo…
Benjamin Cowen’s Memo Suggests Bitcoin Could Bottom Under $45K in Q4
The latest Bitcoin market memo from Benjamin Cowen isn’t exactly what eager bulls wanted to hear. While the recent…
Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole
The court found an undisclosed deficit and said Knaken cannot repay customers in full, leaving recovery to an indepen…
DeepSeek symbolizes China’s ambitions in frontier AI, faces uncertainty ahead of potential IPO
DeepSeek's rapid rise from hedge fund spin-off to $52B AI powerhouse challenges US dominance and sends ripple effects…
Arena introduces factuality rankings for language models, shaking up positions for Claude, GPT-5.5, and Muse Spark
Arena.ai's new factuality-adjusted leaderboard reshuffles AI rankings, boosting GPT-5.5 by 13 spots while Muse Spark …
Wells Fargo rolls out AI Teammate for financial advisors managing $2.4 trillion in client assets
Wells Fargo launched its AI Teammate for financial advisors managing $2.4 trillion in client assets, part of a $1 bil…
Bitmine nears its Ethereum buying limit – Now it needs demand to make the bet pay off
Bitmine plans to slow its Ethereum purchases as its holdings approach 5% of the cryptocurrency’s supply, ending a y…
Galaxy Digital puts its name on Texas Tech football stadium in 15-year partnership
The deal's financial terms were not disclosed, but Yahoo Sports reported the agreement is worth more than $70 million.
AI agents employ $24M market to act smarter as agentic crypto payments spread online
Lincoln Murr asked his AI agent to send some Twitter articles to his Kindle, copying a trick he'd seen suggested onli…
OpenAI updates ChatGPT desktop app with sync features and mode consistency
OpenAI updates ChatGPT desktop app with cross-device chat sync and improved mode switching, fixing usability issues f…
AMD enters a new AI growth phase, and crypto miners are paying attention
AMD's Q1 2026 revenue hit $10.25B with data center sales up 57% YoY. Here's how its AI infrastructure push impacts cr…
Crypto-style derivatives reach AI compute ahead of planned CME and ICE futures: Bernstein
Crypto-style perps and prediction markets hit AI compute ahead of CME and ICE, with regulated GPU futures targeted fo…
ON Semiconductor makes $7B acquisition to boost AI capabilities
ON Semiconductor announced a $7 billion all-stock acquisition of Synaptics to expand into edge AI, but shares dropped…
Moonshot claims its new AI model matches performance of OpenAI and Anthropic
Moonshot AI's Kimi K3 boasts 2.8 trillion parameters, claims benchmark performance rivaling OpenAI and Anthropic. Her…
Obama-Biden alumni launch AI policy initiative to rebuild Democrats’ relationship with tech
The Blue Horizon Project, led by former Obama-Biden officials, aims to rebuild Democrats' tech relationship with a fo…
Bitcoin buyers and bagholders are both selling into the rebound below $70,000
Bitcoin’s recent price rebound faltered as the advance gave long-term holders and recent buyers an opportunity to s…