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What we're reading across AI and web3 — pulled straight from the source, no rewrite. Every card links out to the original outlet.
Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated.
Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades
BTC volatility has dropped to multi-year lows as surging Treasury yields rattle equities and traders await the Fed's July meeting minutes for clues on the interest-rate path.
Winklevoss-Backed Cypherpunk Launches 'World's Largest' Zcash Mining Fleet
The Nasdaq-listed privacy firm launched Cypherpunk Mining through a $33.33 million equity deal with Winklevoss Capital, adding roughly 18% of the Zcash network's hashrate to accelerate its treasury ambitions.
OpenAI trails Anthropic as losses deepen and Altman pauses frontier AI training
Widening losses and intensifying competition coincide with a pause in frontier reinforcement-learning training as openai strengthens its safety controls.
Live updates: Bitcoin and gold jump but rejected at key level as Treasury move pushes yields lower
Led by Scott Bessent, the U.S. Treasury announced at least a doubling in the size of its long-dated bond buybacks.
Bitcoin ETFs add $189M as August net inflows approach $1B
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million.
Maya Protocol exploit drains bitcoin and other assets as pool value drops by $11 million
A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.
Bitcoin holds $64,000 and solana leads gains amid 7% Korean chip stock slide
Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.
‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules
Former New York Gov. Andrew Cuomo says the CLARITY Act is key to linking crypto and traditional markets.
Pennsylvania Cracks Down on AI Data Centers as Backlash Grows
Gov. Josh Shapiro ordered new restrictions on large data centers aimed at shielding residents from higher electricity costs and giving communities more control over proposed projects.
Mozilla Tests an AI 'Smart Window' in Firefox—But Only If You Opt In
The optional window puts an assistant of your choice next to your tabs, with a switch to disable it.
Rare Books Traced to Amazon AI Training Facility to Be Scanned and Destroyed
A tracking device planted in a book order ended at a Las Vegas facility where Amazon strips bindings to scan pages for training data.
U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'
The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cash-like.
SEC proposes new crypto rules in absence of CLARITY Act
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain exemptions for token issuance.
Arguing With People on X May Get You More Posts You Hate as Algo Feeds on Ragebait
X’s algorithm may turn argumentative replies into a feedback loop that serves users more content that clashes with their values, with the effect stronger among Democrats, researchers found.
Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to PAC-funded negative ads.
Cypherpunk launches Zcash mining fleet controlling 18% of network hashrate
The $33.3 million Winklevoss Capital deal expands Cypherpunk’s ZEC strategy as it targets 5% ownership of the cryptocurrency’s circulating supply.
Markets Confident OpenAI Releases Its Next AI Model in Weeks
Traders are betting OpenAI's next frontier model lands within weeks—even after the company pumped the brakes.
U.S. SEC proposes first major crypto rule in surprise announcement
The Securities and Exchange Commission issued the "Regulation Crypto" proposal after having cancelled a meeting days before meant to vote on it.
Wyoming joins $15 billion LayerZero exodus with state stablecoin move
This is the first time a U.S. government entity has publicly replaced its blockchain infrastructure specifically on security grounds.
Trump Family Crypto Firm Tied to Chinese AI Models US Government Called a Security Risk
WorldClaw accepts World Liberty’s USD1 stablecoin while offering AI models from Chinese companies facing U.S. national security restrictions.
Bitcoin Wallet Maker BitBox Says AI Found Severe Flaws in Firmware
The Swiss hardware-wallet maker found two severe bugs with the help of frontier AI models, and warns that older firmware leaves you exposed.
Kraken’s Krak debuts US debit card as Payward broadens financial services push
The multi-asset card lets US customers spend crypto and fiat and earn cashback as Kraken’s parent company expands across financial services.