Psalion Launches $50M Fund to Back Blockchain Startups as Web3 Adoption Pushes Forward
Key Takeaways Psalion launched a $50 million early-stage venture fund and led a $4 million investment in Beezie. Beezie reached 30,000 active users and $85 million in YTD revenue, showing strong Web3 consumer growth. Beezie will use the $4 million…
‘OC’ Actor Ben McKenzie Urges Congress to Block CLARITY Act Over Trump Ties
New York Attorney General Letitia James has also warned the bill could reduce states’ ability to pursue crypto fraud cases. Crypto critic Ben McKenzie has urged Congress to block the CLARITY Act due to President Trump’s financial ties to…
35 Days Without a Saylor Bitcoin Buy: Has Strategy Turned Seller for Good?
Strategy’s unprecedented five-week pause in Bitcoin accumulation has reignited debate over whether the world’s largest corporate Bitcoin holder is quietly changing course. After years of relentlessly issuing shares and debt to buy more BTC, the company has now gone 35…
US-Iran MoU revival gains pace despite Tehran denial
Regional mediators are reportedly close to a proposal that could restart the US-Iran memorandum of understanding, although Tehran continues to deny seeking renewed talks with Washington. Summary Pakistan, Egypt and Qatar are reportedly pushing a plan to revive the US-Iran…
Kraken Parent Payward Acquires Magic Labs Wallet Business Powering 60 Million Users
Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire the wallet-as-a-service business of Magic Labs, adding embedded non-custodial wallet technology used by more than 60 million users to its expanding enterprise infrastructure platform. Financial terms of the…
Your AI Chats May Be Showing up in Google Search — One Sharing Feature Made It Possible
Key Takeaways Shared Claude AI conversations briefly became searchable through Google. The issue centered on Claude’s optional public share links rather than private chats. Users should review active shared conversations and remove links containing sensitive information. Shared AI Conversations Became…
Crypto Pioneers Sound Alarm Over Government Control of AI Knowledge
Anthropic says its AI concerns focus on misuse, including cyberattacks and biological threats, rather than banning open models. Crypto figures are warning that government control over what AI systems can know or discuss could create a dangerous precedent, after…
CLARITY Act delay risks US crypto lead, lawmaker warns
Florida Rep. Mike Haridopolos has renewed his push for the CLARITY Act as Senate delays narrow the bill’s path to passage before the August recess. Summary Haridopolos warned that continued delays could push US crypto businesses and investment overseas. Senate…
Thailand SEC Accuses Bitkub Executives of Hiding $50M Hack Losses From Regulators
Key Takeaways Thailand SEC accused Bitkub over 2021 reports tied to a $50M hack and filed a criminal complaint. Bitkub said co-founders replaced $50M in stolen assets, keeping customer funds fully intact in 2021. ECD will investigate before prosecutors decide…
Why Is Lido Moving $16B in Staked ETH to Pectra-Era Validators?
Operators have to lock up their own ETH as collateral now. Liquid staking app Lido has started moving the bulk of its staked ETH onto Ethereum’s larger post-Pectra validators, and the operators running them are now putting up their…
