Everything web3, crypto, defi, degen
In brief Coinbase says U.S. AML laws are “broken” and wants Treasury to adopt AI, APIs, and zero-knowledge proofs to modernize compliance. The exchange proposes safe harbors for AI use and recognition of decentralized IDs to reduce costly, privacy-risky KYC duplication. Coin Center warns traditional AML on stablecoins could create a “CBDC-style panopticon” as Treasury…
CRYPTO BOUNCES BACK, ALTCOINS BELOW FTX LEVELS, CPI THIS WEEKCrypto Bounces After Hitting Extreme Fear Sentiment. Spot Btc Etf Suffer Ath Weekly Outflows. Revived Btc Supply Hits Highest Since January. Tough to Be Bullish With Btc Below $112k: Ansem. Top 50 Altcoins Below Level After Ftx Crash. Bitmine Has Bought $1.5b Eth Since Crash. New…
In brief X is launching its handle marketplace, letting Premium users buy or rent inactive usernames for up to $1 million. Priority handles are rentals, revoked if users cancel their subscription. The move chases new revenue, turning usernames into digital real estate as ad income collapses. X is rolling out its long-promised handle marketplace, allowing…
In brief Solana founder Anatoly Yakovenko uploaded the code for a perpetual futures exchange to Github, but he says he isn’t developing the platform. Yakovenko invited other devs to steal his idea and wants to see more competition in the perpetual futures exchange sector. Despite the Solana founder pushing back, crypto degens still speculated on…
In brief Tammy Carvey of Michigan used ChatGPT to pick Powerball numbers, and won $100,000 in the draw. AI tools marketed as “lottery predictors” show no proven accuracy, experts say—they mimic randomness. AI helps lotteries detect fraud and monitor gambling, but doesn’t boost players’ winning chances. Tammy Carvey’s $100,000 Powerball win is turning heads—not for…
In brief AI models Grok, DeepSeek, and Claude are up big in a live, real-money crypto trading showdown. Google’s Gemini 2.5 Pro is the biggest loser of the bunch, underscoring reliability and transparency risks. The results deepen the divide between data-specialized and general-purpose AI approaches to finance. In early innings, Elon Musk’s Grok, DeepSeek, and…
In brief Canaan closed up about 28% on Monday afternoon. Bitcoin miner CleanSpark became the latest firm to move into the world of AI data centers. CleanSpark’s stock rose 4.5% on the news that it was moving resources from minting Bitcoins to high-performance computing. Bitcoin mining company stocks rocketed up Monday as Bitcoin and other…
In brief Elon Musk jokingly posted on X that his Shiba Inu dog Floki is returning as the CEO of X, formerly Twitter. It prompted a 27% price increase for Ethereum meme coin Floki, which was recently at a $829 million market cap. Traders are hoping that Musk will continue to post about Floki, as…
In brief Bittensor and Zcash have risen by 10% as Bitcoin rebounds following weekend trading. BNB has taken a backseat as traders book profits and rotate to high-beta altcoins with renewed momentum. Experts remain optimistic but note that the continuation of a bullish outlook is contingent on cooling macro fears. Bitcoin’s weekend rebound has set…
In brief Human visits to Wikipedia fell 8% year-over-year, with Wikipedia attributing it to people visiting AI summaries instead of consulting Wikipedia. AI summaries and search engines now answer questions outright, with nearly 60% of Google queries ending in on-page responses powered by Wikipedia content. Publishers call the trend “existential,” accusing tech platforms of using…
