News
Editorial-quality coverage of global financial markets, policy, and macro trends.
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Thai Crypto Billionaire's Escape, FBI Tokens, and Cybersecurity Events
This week’s cybersecurity highlights include a Thai crypto billionaire's fraud case, arrests in Kyiv, and FBI actions against hackers.
Aisha Patel4 min - News
What Decisions from Washington Sparked the AI Economy?
This article explores recent developments in the AI economy, including Sam Altman's initiatives, SEC regulations, and the impact of OpenClaw in China.
Aisha Patel2 min - News
US Uncovers $2.5 Billion AI Chip Smuggling Scheme to China
US authorities have arrested a co-founder of Super Micro Computer for allegedly smuggling $2.5 billion worth of AI chips to China, revealing a complex scheme involving multiple defendants.
Daniel Kim2 min - News
Shareholders Accuse Winklevoss Twins of Concealing Gemini's Strategy Shift
Shareholders have filed a class-action lawsuit against Gemini, alleging the Winklevoss twins misled investors about the company's strategy during and after its IPO.
Aisha Patel2 min - News
The Right to Be Offline
A movement advocating for the rejection of digital identifiers and AI assistants is gaining traction, prioritizing privacy over convenience.
Daniel Kim6 min - News
Kalshi Raises $1 Billion, Surpassing Polymarket in Valuation
Kalshi has raised over $1 billion, increasing its valuation to $22 billion and surpassing Polymarket, which is also seeking to boost its market value.
Daniel Kim1 min - News
Average Loss from Crypto Hacks Reaches $25 Million
The average loss from crypto hacks has reached $25 million, with significant impacts on the industry and individual projects, according to Immunefi.
Daniel Kim2 min - Crypto
BestChange's Response to Banking Blockages in Crypto Exchanges
BestChange has tightened its rules in response to increased banking blockages affecting cryptocurrency exchanges, aiming to protect users from high-risk transactions.
Daniel Kim3 min - Crypto
Whale Sells Bitcoin Purchased 13 Years Ago for $72 Million
An early Bitcoin investor sold 1,000 BTC for $72 million, while another whale bought $111 million in Ethereum after a long inactivity.
James Park2 min - News
Crypto.com and Algorand Announce Workforce Reductions Amid AI Push and Market Decline
Algorand Foundation and Crypto.com announce significant workforce reductions due to market conditions and AI integration efforts.
James Park2 min - News
AI Band Neon Oni Hires Live Musicians for Japan Tour
The AI band Neon Oni will perform live in Japan after hiring real musicians, following its viral success and growing fanbase.
Elena Volkov1 min - Crypto
Analysts Highlight Decline of L2 Networks in Ethereum
Analysts report a decline in Ethereum's Layer 2 solutions, with 21 projects closing in the past 10 months, despite new launches and a rise in dapp activity.
Elena Volkov1 min