Sanders bill seeks permanent US ban on superintelligent AI
U.S. lawmakers have proposed permanently banning artificial superintelligence, pausing advanced AI development, and imposing prison terms of up to 20 years for violations. Summary The proposal would ban AI systems matching or exceeding human ability across many tasks. Advanced AI…
Bitcoin ETF News: Demand Faces Its First September Test
In Bitcoin ETF news today, US spot ETFs posted approximately $236.46M in net outflows on September 1, wiping out the previous session’s $216.70 million inflow in a single trading day. The reversal landed just as BTC price briefly dipped below $77,000,…
SWIFT Services Provider Taps Chainlink to Bring 600 Banks Onchain
Key Takeaways Bottomline connects Chainlink technology to a network serving 600-plus banks. Chainlink targets friction in a Bottomline ecosystem processing $16 trillion yearly. Chainlink and Bottomline face a key test as tokenization heads toward $16 trillion by 2030. Bottomline Brings…
New XRP Ledger Tool Turns Amendment Testing Into Public Scorecard
XRPL builders can use the dashboard to identify untested edge cases without having to manually inspect every amendment specification. XRPL developer Denis Angell launched a live dashboard this week that scores every amendment on the XRP Ledger for how…
Binance denies system error in alleged $5M AKE loss
Binance has denied that a system or pricing failure caused more than $5 million in alleged trader losses as the AKEUSDT perpetual contract surged from about $0.0076 to nearly $0.045 on Sept. 3. Summary A trader claims that more than…
Bitcoin Price Stalls Below $83K as $14B Options Expiry Nears
Key Takeaways Bitcoin’s price topped $80,000 on Aug. 27, then slipped toward $76,000 as the short squeeze faded. The price reached $81,364 today on Sept. 3. Rising U.S. 10-year yields and slow ETF turnover are keeping bitcoin pinned below $83,000-$86,000….
XRP Price Prediction: XRP Jumps +4% And Could It Target $2?
XRP slipped to $1.32 on Wednesday, even as U.S. spot XRP ETFs logged their 11th straight day of net inflows. Today, though, the trend has reversed: XRP is up more than 4% and now trading at $1.38. Could the XRP…
Bitcoin (BTC) Rally Driven by Short Covering, Not Fresh Leverage: QCP
Bitcoin’s recent uptick faces questions as liquidity remains narrow, the Fed stays hawkish, and fresh leverage has yet to emerge. Bitcoin has gained almost 23% over the past month, but a few choppy sessions briefly dragged the asset below…
153 Million Driver’s License Leak Sparks Explosive KYC Backlash
Key Takeaways Nexus claims it’s sitting on a significant 153 million U.S. and Canadian driver’s license records and a trove of other documents too. Venice.ai and Shapeshift founder Erik Voorhees slammed the KYC model as the alleged leak sparked a…
Fed rate hike odds fall to 38% as Waller awaits CPI
September rate-hike odds have fallen to 38% on Polymarket after Federal Reserve Governor Christopher Waller said cooling August inflation could persuade him to support holding rates steady. Summary Polymarket priced a 38% chance of a September rate hike after Waller’s…
