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crypto.news

Nvidia and Meta warn U.S. against sweeping curbs on open AI models

Nvidia, Meta and Microsoft oppose sweeping U.S. open AI curbs as Washington considers action against Chinese models over IP concerns.

Samsung Wallet Will Add Stablecoin Support, Including USDC

Samsung showed a wallet mockup holding Circle's USDC at Galaxy Unpacked. But details are scarce.

BeInCrypto

Coinbase Layoffs Architect Exits Weeks After Cutting 700 Jobs

Coinbase cut 700 jobs in May, and Lawrence Brock’s team ran those layoffs. Eleven weeks later, the Chief People Officer reportedly quit.

crypto.news

India orders GitHub to remove Jack Dorsey’s Bitchat repositories

India ordered GitHub to remove three Jack Dorsey-linked Bitchat repositories amid internet restrictions in New Delhi.

U.Today

XRP ETF Gains Investment From Kansas-Based Wealth Manager

Kansas-based wealth manager Leisure Capital Management has disclosed a $206,000 investment in Franklin Templeton's XRP ETF.

crypto.news

Coinbase reshuffles top ranks amid push into stocks and predictions

Coinbase reshuffles senior leadership after cutting 14% of staff as it expands into stocks, derivatives and prediction markets.

CryptoPotato

BitMEX Hit With 623 BTC Lawsuit After Announcing Shutdown

BitMEX is accused of allowing internal traders access to customer data while users were locked out during server issues.

CryptoPotato

Here’s Why Bitcoin Dipped Below $64K Today

The macro reason came from the POTUS yet again.

Claude Opus 5 Outscores Fable 5 on Most Benchmarks—At Half the Price

Anthropic's new everyday model undercuts its own frontier product on cost and beats it almost everywhere that counts.

Protos

Inside the mystery of BitMEX’s insurance fund

The BitMEX insurance fund was marketed as protection but a new lawsuit alleges it grew on collateral stripped from customers.

crypto.news

LMAX taps Morgan Stanley to weigh $5B sale or Nasdaq listing

LMAX has tapped Morgan Stanley and KBW to assess a sale or Nasdaq listing that could value the institutional crypto trading firm at up to $5 billion.

Clarity Act on the Ropes as Ethics Fight and Shrinking Calendar Threaten Passage

Senate Majority Leader John Thune signals the crypto market-structure bill likely won't clear the chamber before the August recess, as Democrats reject the GOP's ethics language and analysts slash the odds of passage.

Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy

The Singapore-based pool never recovered from freezing withdrawals in 2022. Now it's auctioning off its last Texas mining sites to pay back 11,700 users still holding IOUs.

crypto.news

DEXE crashes over 90% as Ceffu transfers raise DWF Labs questions

DEXE crashed 96.8% in 11 days as Ceffu transferred 797,917 tokens to Binance, prompting questions about a possible DWF Labs connection.

U.Today

Top Crypto Lobbyist Says There Is Still Hope for Clarity Act

The crypto industry's push to pass the Digital Asset Market Clarity Act before Congress breaks for its August recess is still alive.

BeInCrypto

CLARITY Act Unlikely To Pass Before August Break, Says Senate Leader

Momentum behind the CLARITY Act is building fast. But the Senate’s top leader says the crypto bill will likely not pass before the August break.

The Fraternal Order Of Police Supports The Clarity Act.

A number of organizations have thrown support behind the bill this week.

Crypto Advocacy Groups Support CLARITY Passage as Ethics Rules Face Pushback

The CLARITY Act may not have the votes to pass the US Senate due to proposed ethics rules, but three crypto industry organizations are pushing for the chamber to consider the bill.

Nvidia, Meta, and Microsoft Tell Washington: Don't Kill Open-Source AI

Twenty-five companies signed a letter defending open-weight models days after a Chinese AI helped Hugging Face survive a hack triggered by OpenAI's own systems.

crypto.news

National police union reverses course to back the CLARITY Act

The National Fraternal Order of Police backs the CLARITY Act after revised provisions addressed concerns over crypto crime investigations.

U.Today

Bitcoin's LTH Accumulation Hits Six-Year High

Bitcoin's long-term holders are quietly accumulating Bitcoin again as the metric reaches its highest level in six years, despite the ongoing market downturn.

CryptoPotato

Dem Senator Slams GOP’s CLARITY Ethics Proposal as ‘Not a Serious Effort’: Report

Sen. Ruben Gallego is working with Senator Thom Tillis and other Republicans to come up with a counteroffer after bipartisan negotiations collapsed.

Strategy Overhauls Bitcoin Metrics, Debuting 'Net Bitcoin Per Share'

The firm says its "digital credit" shift needs new yardsticks that strip out debt and preferred claims to show what common shareholders own.

Sealed In Foil: BMAG's New Focus On Trading Cards

From rare pulls to provable ownership, BMAG explores why trading cards and Bitcoin share the same foundations of authenticity, scarcity, and value.