This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million
The Bermuda-based insurer, which runs entirely on Bitcoin, drew the funding from existing backers led by Bain Capital Crypto after a record year driven by demand from wealthy families in Asia, Europe and the Middle East.
CFTC proposes a divide between prediction contracts and sportsbook wagers
The Commodity Futures Trading Commission announced two actions on Oct. 9 seeking to clarify the federal regulatory boundary between prediction-market contracts and traditional gambling. It proposed expressly including sports and other event contracts in…
Here’s a Way to Predict When AI Chatbots Will Turn Bad
Physicists at George Washington University say a formula can estimate when an AI chatbot will flip from good answers to bad ones, and early tests on small models back it up.
Luxor’s reported 6–13% annualized Bitcoin yield depends on mining delivery
Luxor, a Bitcoin mining derivatives provider, reported a 6–13% annualized Bitcoin financing spread in its September lookback, published Oct. 9. It says lenders and Bitcoin treasury companies bought prepaid mining power and paired it with a price hedge,…
French Committee Backs Stablecoin Swap Tax and Crypto Exit Tax, Then Rejects the Budget
A National Assembly committee adopted amendments taxing stablecoin swaps and crypto exits by wealthy holders, then rejected the 2027 budget’s revenue section.
Celsius Founder Alex Mashinsky Hit With $35M Deal and Permanent Crypto Industry Ban
Key Takeaways: Under a NY settlement, Alex Mashinsky may have to pay up to $35M in conditional payments. Celsius’s previous chief executive is banned from engaging in trading activities in the crypto, securities and commodities market. Celsius creditors…
Tether Freezes $1.45M in THORChain USDT Vaults, Then Reverses Blacklist Hours Later
Key Takeaways: The amount of about $1.45 million in USDT was temporarily frozen in THORChain vault addresses. According to THORChain, the addresses in question were not TRON based addresses, but were still blacklisted without warning. Later, Tether…
Binance Review: Is This Crypto Exchange Safe and Legit to Trade in 2026?
Binance is a global cryptocurrency exchange that allows you to buy, sell, trade, stake, and manage digital assets through spot, futures, margin, and other advanced trading products. The best features of Binance are low trading fees (0.1% spot),…
Celsius founder faces lifetime ban, but can trade his own crypto
Bankrupt crypto lender Celsius founder Alex Mashinsky has agreed to a permanent ban from the securities, commodities, and crypto business under a New York settlement announced on Oct. 9. The agreement also sets conditional state payment obligations of up…
Solana doubles block production speed to 200ms as network prepares for Alpenglow upgrade
Solana has doubled its targeted block-production frequency after activating 200-millisecond slots on mainnet, completing a months-long effort to accelerate the blockchain. The Oct. 9 upgrade reduces Solana’s original 400-millisecond slot target by…