Business
Companies, funding, deals and the money behind the industry.
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Kraken Parent Payward Joins Glasswing, Gets Access to Claude Mythos to Hunt Security Flaws
Payward, the parent company of cryptocurrency exchange Kraken, has joined Anthropic's Project Glasswing, gaining access to an advanced AI system designed to identify and…
Minnesota Says xAI's Grok Created 'Marketplace for Digital Sexual Violence'
Elon Musk's artificial intelligence company xAI is at the center of a legal battle in Minnesota, where state officials argue that its Grok chatbot has helped create what they…
Kraken parent Payward joins Anthropic’s Project Glasswing for AI security push
Payward, the parent company of cryptocurrency exchange Kraken, has signed on to Anthropic's Project Glasswing, an initiative aimed at strengthening cybersecurity defenses through…
OCC approves Trump family crypto company for trust charter
OCC approves Trump family crypto company for trust charter The US Office of the Comptroller of the Currency has granted conditional approval to World Liberty Financial, a…
Prediction Markets Give the Fed 74% Odds of Standing Pat in September
Traders on major prediction markets are betting heavily that the Federal Reserve will keep interest rates unchanged at its September meeting, with odds hovering around 74% for the…
Treasury Proposes Rules Defining Who Can Legally Sell Stablecoins in US
The US Treasury Department has unveiled a proposed rulemaking that would establish clear boundaries around which entities are permitted to sell stablecoins to American customers,…
OpenAI’s Answer to Rogue Agents and Hacks Is More AI, Not Less
OpenAI is arguing that the best defense against increasingly capable and potentially dangerous AI systems is not less artificial intelligence—but more of it. In a new essay,…
XRP Price Holds to Near Two-Year Streak, But Charts Flash a Warning Sign
XRP is fighting to hold a key price level it has successfully defended for nearly two years, but technical indicators across multiple timeframes are now signaling potential…
Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
Strategy is not making share buybacks a top priority right now, Executive Chairman Michael Saylor said Monday, even as the company sits on a growing cash pile of $4.8 billion and…
Solana’s Pump Token Leads Crypto Market Gainers as Chart Paints Golden Cross
PUMP, the native token of Solanabased memecoin launchpad Pump.fun, surged roughly 8% to lead crypto market gainers, as a closely watched technical pattern began to take shape on…
CFTC seeks public input on AI compute futures contracts as CME eyes October launch
The US Commodity Futures Trading Commission has opened a public comment period on proposed AI compute futures contracts, a move that could pave the way for a new market letting…
US Treasury moves forward with rules on GENIUS Act after July deadline
The US Treasury Department is advancing efforts to craft regulations under the GENIUS Act, the landmark stablecoin law, as it works to establish a clear framework before the…
Wall Street Pushback Halts SEC's Crypto Fundraising Framework, Sources Say
SEC Delays Crypto Fundraising Rules Amid Industry Resistance The Securities and Exchange Commission has abruptly paused work on a muchanticipated framework for cryptocurrency…
Bitcoin hits $64K as gold gains while oil shakes off Trump Oman threat
Bitcoin surged past $64,000 on Wednesday, posting daily gains of around 2% as investors piled into risk and safehaven assets alike, with gold climbing higher even as US equities…
Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses
BitMine Immersion Technologies is closing in on holding nearly 5% of all circulating Ether, continuing an aggressive accumulation strategy even as its massive position sits deeply…
What Stripe's $7 Billion OpenRouter Deal Actually Means for AI
Stripe has acquired OpenRouter, a fastgrowing marketplace that routes developer requests across hundreds of AI models, in a deal reportedly valuing the startup at around $7…
Tom Lee’s Bitmine Buys Another $19 Million in Ethereum as Stash Nears 5% of Total Supply
BitMine Immersion Technologies has added another $19 million worth of Ethereum to its treasury, pushing the company closer to its ambitious goal of controlling 5% of the…
Compound bets $52 million, new leadership team in switch to institutional focus
Compound, one of the earliest pioneers of decentralized lending, is committing $52 million and installing a fresh leadership team as it pivots away from retail users toward…
U.S. Treasury Department proposes GENIUS Act stablecoin rule
The U.S. Treasury Department has unveiled a proposed rule to implement key provisions of the GENIUS Act, moving to establish foundational definitions and jurisdictional boundaries…
The Coldcard hack proves reputation is not a security model
A recent security incident involving Coldcard, one of bitcoin's most trusted hardware wallets, has reignited a fundamental debate in the cryptocurrency community: whether…
- Kraken Parent Payward Joins Glasswing, Gets Access to Claude Mythos to Hunt Security Flaws
- Minnesota Says xAI's Grok Created 'Marketplace for Digital Sexual Violence'
- Catapult Draws KuCoin Ventures Backing as Fundraising Round Continues
- Kraken parent Payward joins Anthropic’s Project Glasswing for AI security push
- OCC approves Trump family crypto company for trust charter
