WLD Plunges 10% Despite $52.5 Funding Round, BTC Struggles at $64K: Weekend Watch
ONDO and LIT are today’s largest losers once agian, while ZEC has decisively broken below $500. After gaining several grand and peaking at $67,000 earlier this week, bitcoin faced an immediate rejection and dipped below $64,000, where it currently…
China jails Sifang operators over $428M USDT gambling network
Chinese courts have sentenced five Sifang payment platform operators to between three and six years in prison over a gambling network that processed more than 2.95 billion yuan, or about $428 million, through USDT, bank cards and third-party payment accounts….
Sam Altman’s World Foundation Pulls $52.5M as Pantera Backs Global World ID Expansion
Key Takeaways World Foundation raised $52.5 million from Pantera Capital and others in a 1-year locked WLD token sale. World ID tackles AI deepfakes and bots across top services like Zoom, Tinder, and Okta for 39 million users. World Foundation…
What Pioneers Need to Know
Here’s the latest from the Core Team amid the struggles of the project’s native token. Pi Network’s team announced earlier today that it has completed the distribution of its second testnet token, called Slice, through the Pi Launchpad. The…
Goldman Sachs CEO Breaks With Wall Street to Back Crypto CLARITY Act
Goldman Sachs Chairman and CEO David Solomon has publicly endorsed the Digital Asset Market Clarity Act, breaking with much of the traditional banking industry as U.S. lawmakers move closer to a potential Senate vote on the landmark crypto legislation. The…
Nvidia and Meta warn U.S. against sweeping curbs on open AI models
Nvidia, Meta and Microsoft have joined 22 other organizations in warning U.S. policymakers that sweeping controls on open-weight AI models could weaken American leadership as competition with China intensifies. Summary Nvidia, Meta and Microsoft oppose sweeping U.S. restrictions on open-weight…
Robinhood CEO Vlad Tenev’s X Account Hacked to Shill Fake ‘Vladhood’ Token
Robinhood CEO Vlad Tenev’s verified X account was briefly compromised on Thursday, allowing attackers to promote a fraudulent meme coin called Vladhood (VLAD) in the latest high-profile social media hack targeting the cryptocurrency industry. The fake post, which was quickly…
Australian Police Detail AI Scam Tactics After Woman Lost Over $74,000 to Fake Crypto Investment
National ‘Clickfit’ Campaign Expands Awareness Criminal syndicates are increasingly deploying artificial intelligence to construct deceptive, end-to-end investment schemes that have siphoned tens of millions of dollars from Australian investors, law enforcement officials warned. The Australian Federal Police-led Joint Policing Cybercrime…
Strategy’s STRC tops major ETFs despite trading below $100
Strategy’s STRC preferred stock has become the largest holding in three major U.S. preferred stock ETFs, which collectively own $756 million of the security even as its price remains about 13% below its $100 par value. Summary STRC has become…
Coinbase Rolls Out AI Agents Payment for Businesses in USDC, Calls it a ‘High-Conviction Bet’
Key Takeaways Coinbase enabled USDC payments from AI agents for 5,000+ Coinbase Business customers. Coinbase Business processed about $1B, pushing stablecoins into APIs and cloud services. Coinbase’s x402 tools could expand autonomous commerce, supported by 3.35% USDC rewards. Coinbase Lets…
