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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.
Hashdex to Shut Down Bitcoin ETF After Struggling to Gain Assets
The Brazil-based crypto asset manager will liquidate its U.S. spot Bitcoin ETF later this month, ending a fund that entered the market in 2024.
Bitcoin coils at $64K as Hormuz reopening timeline sends S&P 500 to $70T record
Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap.
New Ethereum Proposal Would Burn Validator Rewards to Kill the Incentive to Stake More
EIP-8361 would deduct a rising share of every validator's rewards as the staking ratio climbs, cancelling consensus issuance outright at 50%. It landed two days before the deadline to propose EIPs for Hegotá, and the timing drew an objection within hours.
Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him
Senators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump's memecoin.
Wells Fargo to Launch Tokenized Deposits for Corporate Clients This Fall
The bank will start with a limited U.S. dollar-to-British pound corridor and widen it through 2027. It names neither the blockchain it is using nor whether the ledger is permissioned.
BitGo Names Chainlink CCIP Exclusive Cross-Chain Provider for $7.7 Billion WBTC
BitGo will move Wrapped Bitcoin and every future BitGo-issued asset onto Chainlink CCIP, dropping the provider it chose in September 2024. The announcement never uses the word LayerZero.
Bitdeer expands AI infrastructure with long-term $4.7B data center lease
A 16-year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams beyond Bitcoin.
Spotify expands AI remix and covers project with Merlin partnership
Spotify says Merlin, which represents more than 30,000 independent labels and distributors, has joined Universal Music Group in backing its upcoming AI-powered remix and covers product. The paid tool will let fans create AI-generated covers and remixes of participating artists’ music while ensuring artists opt in, receive credit, and are compensated.
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface.
BitMine Buys 10,399 More ETH but Reported Holdings Fall to $11.3B
Cash and marketable securities dropped to $173 million from $268 million after BitMine repurchased another 4.5 million shares, lifting buybacks since July 1 to 16.1 million.
Fake World Assets Boosts Buybacks to 80% of Fees After Token Crashes to Record Low
TokenWorks reversed course twice in under 24 hours after FWA holders learned none of the roughly $3.2 million in launch-period revenue would fund buybacks, sending the token down more than 40%.
At least 15 attackers exploited Coldcard vulnerability: Galaxy
Galaxy said that at least 15 different attackers have exploited the Coldcard vulnerability, which may have been avoided with just $2 worth of AI hardening, according to Dragonfly’s managing partner.
Polymarket targets $20 billion valuation as competition heats up in prediction market sector
The blockchain-based prediction markets platform is reportedly returning to investors months after a $15 billion funding round.
Apple says more ex-employees may have taken confidential data to OpenAI
Apple says its trade secrets investigation into OpenAI has widened. In a new court filing, Apple claims additional former staff may have retained or accessed confidential information.
Dinari brings tokenized U.S. stocks to American investors as equity race heats up
The move brings the custodial tokenization model to eligible U.S. investors as competition over blockchain-based equities intensifies.
How an OpenAI influencer trip backfired
The brand trip is a right of passage for influencers. It's a mark of legitimacy that a sponsor wants to invite them on an all-expenses-paid vacation, often with luxurious freebies and activities. Trips can also spur hard feelings from uninvited influencers, trigger criticism from the public, and project a certain frivolousness. Usually it is fast […]
BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion.
Texas electric grid moratorium won’t have big impact on BTC miners: Bernstein
Monday’s announcement that Texas Governor Greg Abbott set a moratorium on approval of ERCOT-linked data centers pending an audit won’t impact miners’ approved electricity contracts.
Morning Minute: Saylor Sells Bitcoin Again
Strategy sold $104M in Bitcoin last week to help prop up STRC, a financial product they created to… help them buy more Bitcoin.
Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years
XAUt added to its bullion backing during gold’s worst quarter since 2013, as tokenized commodity holder counts continued to rise.
EON wants to move the data superhighway from ocean fiber to space lasers
Endeavor Optical Networks is planning to launch the fastest space laser communications system yet built.
Italy’s biggest bank triples staked Ether ETF holdings while cutting IBIT shares
Italy’s largest bank Intesa Sanpaolo increased its staked Ether ETF position to $7.1 million while reducing its holdings in two spot Bitcoin ETFs.
South African lawmakers propose draft rules on cross-border crypto transactions
A draft rulebook proposes that sending crypto offshore must be conducted through an authorized provider and be reported to the central bank’s FinSurv.
Hardware Wallet Firms Warn of Phishing Surge as Coldcard Losses Near $130M
Fake "coordinated hardware audit" emails are steering holders to a cloned Coldcard site that installs remote-access software.