The wire

Crypto executives say restricting powerful AI models may initially be justified, but it doesn’t make sense as open-source alternatives become more capable.

Galaxy Research said 90% of the stolen Bitcoin remains unmoved as investigators examine a suspected fourth wave that could lift losses to $130 million.

Bitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target.

Mastercard said the tie-up would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services.

Fake romance crypto investment scams net $9 million in a single week in Hong Kong, as Malaysian authorities lose it over a crypto conference’s after-party.

The boutique brokerage will focus on high-net-worth clients rather than competing with retail crypto exchanges.

The non-custodial protocol said attackers are discovering and adapting exploits faster than its small development team can identify and patch them.

A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto legislation.

According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies continue to trim costs.

A new digital verification platform aims to reduce forged certificates by allowing employers and universities to authenticate academic records onchain.

The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.

The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks.

The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August.

Fake World Assets turns forgotten NFTs into an onchain lottery — but is crypto’s latest obsession built to last?

Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.

The South Korean exchange plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error.

Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US regulators.

Trump-linked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter.

Ripple made a strategic investment in Zilo and Licuido as it looks to enable the use of tokenized funds as collateral from the point of issuance.

Bitcoin could confirm an August bear-market bottom, though rising Treasury yields could force the Fed to raise rates in September, according to 10x Research.