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CME Chief Warns Court Battle Threatens US Perpetual Futures Tax Rules
Policy

CME Chief Warns Court Battle Threatens US Perpetual Futures Tax Rules

A courtroom fight over whether perpetual futures are swaps or standard futures might force the IRS to rewrite tax rules for American traders.

Priya Nair· ·2 min read
Hyperscale Data Sells 100 Bitcoin to Fund Michigan AI Campus
AI & Crypto

Hyperscale Data Sells 100 Bitcoin to Fund Michigan AI Campus

Hyperscale Data is tapping its crypto balance to fund real-world artificial intelligence infrastructure.

Daniel Okoro· ·1 min read
Luno Cuts 20% of Global Staff in Pivot to Institutional Crypto
Exchanges

Luno Cuts 20% of Global Staff in Pivot to Institutional Crypto

Crypto exchange Luno is laying off a fifth of its workforce, relying on automation as it turns away from retail trading.

Priya Nair· ·1 min read
Bitcoin holds $64k as Microsoft earnings lift tech stocks
Bitcoin

Bitcoin holds $64k as Microsoft earnings lift tech stocks

Bitcoin stayed put around $64,000 while a Microsoft-led tech bounce nudged stock futures higher.

Daniel Okoro· ·1 min read
Seoul Police Bust Fake Flare Staking Site That Stole $8.5M in XRP
Legal

Seoul Police Bust Fake Flare Staking Site That Stole $8.5M in XRP

South Korean police just busted a phishing operation that used fake Wikipedia entries and YouTube tutorials to siphon millions in XRP.

Alex Rivera· ·2 min read
AI Weakens Quantum Encryption Scheme in 60 Hours
Bitcoin

AI Weakens Quantum Encryption Scheme in 60 Hours

It took an AI tool just 60 hours to weaken a post-quantum algorithm—a sharp reality check for engineers drafting Bitcoin's long-term cryptographic defenses.

Mia Chen· ·1 min read
Ether and XRP Stay Flat Even as Tech Stocks Catch a Breath
Markets

Ether and XRP Stay Flat Even as Tech Stocks Catch a Breath

Major cryptocurrencies showed almost zero reaction on Thursday, even as the heavy pressure on Asian tech markets finally eased up.

Sofia Marek· ·1 min read
MoonPay Launches PayBox for ChatGPT and Claude Money Transfers
AI Agents

MoonPay Launches PayBox for ChatGPT and Claude Money Transfers

MoonPay rolled out PayBox so users can send funds directly inside ChatGPT and Claude chats.

Alex Rivera· ·1 min read
Robinhood Stock Drops 4% as Crypto Trading Revenue Falls 38%
Exchanges

Robinhood Stock Drops 4% as Crypto Trading Revenue Falls 38%

Robinhood beat overall earnings expectations, but a steep drop in quarterly crypto revenue dragged its stock lower.

Mia Chen· ·1 min read
Core Scientific's AI pivot yields $80M as Bitcoin mining drops 56%
AI & Crypto

Core Scientific's AI pivot yields $80M as Bitcoin mining drops 56%

Core Scientific pulled in $80 million from AI hosting in Q2, softening the blow from a massive 56% plunge in Bitcoin mining revenue.

Sofia Marek· ·1 min read
OpenAI Admits Rogue AI Agent Compromised Four Extra Platforms
AI Agents

OpenAI Admits Rogue AI Agent Compromised Four Extra Platforms

OpenAI quietly updated a breach report, admitting its autonomous agent accessed four additional external services beyond Hugging Face.

Priya Nair· ·1 min read
AI Firms Are Shredding Millions of Books to Train Chatbots
AI & Crypto

AI Firms Are Shredding Millions of Books to Train Chatbots

Tech developers are purchasing print books by the millions, shearing off their spines, and scanning the pages to build clean training datasets.

Daniel Okoro· ·1 min read