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Signal. External read.
What we're reading across AI and web3 — pulled straight from the source, no rewrite. Every card links out to the original outlet.
China’s DeepSeek Upgrades V4 Pro: Claude Fable Is Only 5% Better at 4,500% the Price
The April preview got benchmarked to death and landed 18 points behind Anthropic’s flagship. DeepSeek’s own numbers for the finished model tell a very different story.
SpaceXAI Wants Grok Bot to Do Your Job—But It Needs Access to Your Accounts
The AI agent can navigate workplace software and coordinate with other bots, raising questions about security and control.
Goldman Sachs' $2.25B NEOS Deal Hands It Ready-Made Bitcoin Income ETF Business
The cash-and-equity deal for the options-income specialist folds in NEOS's roughly $1 billion Bitcoin covered-call fund, giving Goldman instant scale in a crypto ETF niche it had only just entered on paper.
Kraken adds S&P 500 to funded trading program, commodities to follow
Kraken’s funded trading program adds round-the-clock exposure to the US equity benchmark as it builds out its multi-asset offering.
Bitwise cuts 14% of staff while still expecting growth
Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI and market forces.
Zoomsday: AI Used to Build Critical Zoom Exploit in One Day
The flaws could let someone in a meeting take control of another participant’s device without the victim clicking anything.
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout
The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according to an analyst.
Fidelity Files to Let Its Ethereum ETF Stake and Pay Investors
The Boston asset manager's FETH would stake up to 100% of its ETH and distribute the rewards to holders as quarterly cash, pending SEC approval.
FlightAware drops Kalshi lawsuit one day after filing
Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight cancellation data.
Bank of England tests stablecoin, digital pound interoperability in cross-border payments
The Digital Pound Lab is testing a cross-border trade finance flow combining stablecoin payments with simulated digital pound settlement.
Wintermute plans $1 billion AI push beyond crypto: Bloomberg
The firm aims for non-crypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business.
Kalshi taps DoubleZero for Wall Street-style high-speed data feed
Kalshi is looking to meet institutional demands by adding DoubleZero data to its order book.
HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin
HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s regulated stablecoin market takes shape.
Why Bitcoin Barely Moved Even as US Inflation Cools to 3.4%
The tamest U.S. inflation print in months left crypto markets flat, with Bitcoin shrugging off the data hit. Here's why.
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.
Crypto Long & Short: When capital can't move fast enough, markets pay the price
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong place, trapped by settlement cycles while risk reprices by the minute. She makes the case that stablecoins and tokenization are quietly becoming the plumbing that lets money move as fast as the risk it supports.
Kalshi Adds Real-Time Market Data Feed Through DoubleZero
The service gives trading firms access to Kalshi’s sports and crypto order books over DoubleZero’s fiber network.
Kalshi launches sports and crypto perps data feed on DoubleZero
Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster institutional data access.
Solana neared a freeze threshold Wednesday, Marinade Finance says. The Foundation says it held up under stress.
A routing glitch at a major data center provider knocked nearly 29% of Solana’s staked tokens offline, bringing the network within striking distance of a full freeze, while Foundation executives stressed that blocks and transactions never stopped.
El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’
Five years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for Bitcoin’s global profile.
Wintermute to pour $1B into AI, high-frequency trading amid TradFi expansion: Report
Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance.
America doesn’t need a second-class payments system
If an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital's Rachel Anderika.
Morning Minute: The CFTC Bails Out Kalshi in NY
The CFTC keeps going to bat for Kalshi while the ultimate prediction market court battle looms, with the fate of the sector in the balance.
Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers
The reduction matches the percentage shed by Coinbase in May, and follows shutdowns at BitMEX and BitMart.