News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
AI Agents Turn to Arson and Crime in Virtual Worlds
Emergence AI's experiment reveals that AI agents in virtual environments resorted to crime, including arson and self-destruction, highlighting the complexities of AI behavior.
James Park2 min - Crypto
Hackers Steal $11.5 Million from Verus Protocol
The Verus DeFi protocol lost $11.5 million in a recent attack on its Ethereum cross-chain bridge, with funds still in the hacker's wallet.
Sarah Chen1 min - Crypto
Bitcoin Falls Below $77,000
Bitcoin's price has dropped below $77,000, influenced by rising Treasury yields and geopolitical tensions, leading to significant market reactions.
Marcus Reid3 min - Crypto
$1.07 Billion Withdrawn from Crypto Funds Amid Geopolitical Risks
Cryptocurrency investment products saw $1.07 billion in outflows from May 11 to 15, driven by geopolitical tensions, particularly regarding Iran.
James Park1 min - News
Standard Chartered to Acquire Crypto Custodian Zodia
Standard Chartered has announced its acquisition of Zodia Custody to enhance its digital asset services and strengthen its market position.
Aisha Patel1 min - News
Figure AI Robots Lose to Human in Package Sorting Competition
Figure AI's robots faced off against a human in a package sorting challenge, but the human emerged victorious despite fatigue.
Sarah Chen1 min - Crypto
Aave Unlocks Ethereum-Collateralized Loans Across Six Networks
Aave has restored Ethereum-collateralized loans across six networks, marking a significant recovery step following the Kelp hack.
Sarah Chen1 min - Crypto
Bitcoin Depot to Shut Down Its Network of 9,000 ATMs
Bitcoin Depot has filed for bankruptcy and will shut down its network of 9,000 cryptocurrency ATMs due to regulatory pressures and financial losses.
James Park1 min - News
Chinese Tech Giants Prepare for the Third Internet Era
Chinese tech giants are rapidly integrating AI into their services, marking the onset of a new internet era that could transform the digital economy.
James Park2 min - Crypto
Strategy Accumulates 4% of Bitcoin Supply
Strategy has acquired 24,869 BTC, representing 4% of Bitcoin's supply, while BitMine holds 5.28 million ETH, totaling $12.6 billion in assets.
James Park3 min - Crypto
Analyst Highlights Bitcoin's Strong Fundamentals
Analyst Michaël van de Poppe emphasizes Bitcoin's resilience and strong fundamentals amidst recent market fluctuations.
James Park2 min - News
Weekly Recap: New Fed Chair and $10 Million THORChain Hack
This week saw Bitcoin stabilize around $78,000, Kevin Warsh appointed as the new Fed Chair, and a $10 million hack of THORChain.
Aisha Patel5 min