How stablecoins are quietly becoming the Fed’s debt buyer of last resort
Circle president Heath Tarbert told Congress on Sept. 2 that placing digital-dollar infrastructure under US rules could reinforce the network effects that support the currency’s global role. The testimony framed stablecoin and digital asset legislation…
Nearly $10 million must escape a dying Ethereum L2 network before New Year’s Eve or risk becoming unrecoverable
Silicon Network is shutting down with nearly $10 million still on-chain, giving users until year-end to exit. The Ethereum layer 2 stopped accepting new bridge deposits and ended its network on Sept. 2, starting a withdrawal period that runs through Dec.…
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.
XRP’s $2.14 bull case just met a $474 million ETF tailwind
XRP could climb above $2.14 by late November as sustained exchange-traded fund (ETF) demand adds momentum to its recent rebound. CryptoSlate’s 90-day model places the bullish outcome at the 80th percentile, nearly 59% above its $1.35 reference close.…
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.
BlackRock’s Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash
BlackRock’s Bitcoin exchange-traded fund (ETF) has narrowly outperformed the S&P 500 since launch despite subjecting investors to a drawdown nearly three times as deep. The iShares Bitcoin Trust, or IBIT, returned 67.74% from its Jan. 11, 2024 debut…
Japan’s Remixpoint Dumps Ethereum, XRP in Shift to Bitcoin-Only Treasury
The Japanese company booked a ¥117.8 million profit after selling its ETH, SOL, XRP and DOGE, leaving roughly 1,506 BTC as its only cryptocurrency holding.
USDC may be only as quantum-safe as its slowest wallet, bridge or blockchain
Circle issued a warning that the quantum circuits needed to attack widely used blockchain signatures are becoming leaner, citing a low-width record of 813 logical qubits. For the USDC quantum migration, the immediate consequence is a dependency problem…
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.