Everything web3, crypto, defi, degen
In brief The SEC and CFTC leadership have called for “harmonization” after years of overlap and conflict. The push comes amid rapid changes in U.S. crypto policy under the Trump administration. Officials stressed cooperation, not consolidation, as the crypto industry pushes for clarity. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading…
In brief Wisconsin’s Assembly Bill 471, introduced Monday, would exempt crypto users from licensing when accepting payments, using self-hosted wallets, running nodes, developing software, and staking. The bill would prohibit state agencies and local governments from restricting these fundamental blockchain activities. The move follows Wisconsin’s $300 million Bitcoin ETF liquidation in Q1 2025 and Democrats’…
In brief Michael David Coberg pleaded guilty to conspiracy to commit extortion and conspiracy against rights for working with crypto ‘Godfather’ Adam Iza. The scheme involved armed extortion, a staged drug arrest with planted narcotics, and systematic abuse of police authority. Coberg weaponized his position to interrogate victims, facilitate false arrests, and intimidate rivals, according…
In brief Anthropic released Claude Sonnet 4.5, calling it the best coding model yet. The model scored 77.2% on SWE-bench Verified, rising to 82% with parallel compute. Anthropic claimed improvements on alignment and safety, but jailbreakers cracked it within minutes. Anthropic released Claude Sonnet 4.5 on Monday, calling it “the best coding model in the…
In brief New York Department of Financial Services Superintendent Adrienne Harris is leaving her position in October. Under her tenure, NYDFS became the first American regulatory body to provide guidance on stablecoins. Kaitlin Aslow, who is at the NYDFS now, will take over as superintendent after serving at the Federal Reserve and the Financial Health…
In brief In an experiment, 38 generative AI models engaged in strategic lying in a “Secret Agenda” game. Sparse autoencoder tools missed the deception, but worked in insider-trading scenarios. Researchers call for new methods to audit AI behavior before real-world deployment. Large language models—the systems behind ChatGPT, Claude, Gemini, and other AI chatbots—showed deliberate, goal-directed…
In brief Leaked files tie Moldovan oligarch Ilan Shor’s A7 network to $8 billion in crypto transactions for sanctions evasion. Analysts link the funds to election interference efforts via apps, bots, and ruble-backed stablecoins. Experts urge caution, noting attribution limits and the growing complexity of Russia’s crypto ecosystem. When a cache of internal files from…
In brief Strategy acquired 196 Bitcoin worth $22 million The Bitcoin-buying firm meanwhile raised $128 million Strategy is obligated to make dividend payments on some of its preferred shares. Strategy notched its third smallest Bitcoin acquisition of the year on Monday, disclosing that it only bought $22 million worth of the asset, according to a…
In brief New York City’s ‘Bitcoin Mayor’ Eric Adams has dropped out of the race for re-election. Adams had publicly tied his image to crypto, from Bitcoin paychecks to calls for BitLicense reform, and many other initiatives. His withdrawal follows legal troubles and questions about whether crypto can anchor political identity. Eric Adams, mayor of…
In brief Elon Musk’s Neuralink and the Sam Altman-backed Merge Labs are driving a new wave of billionaire-backed brain-computer interface ventures. Current BCI progress remains medical, with only five Neuralink patients implanted as of September 2025. Experts warn BCIs are far from “thought reading,” and billionaire ambitions risk overshadowing real therapeutic potential. Elon Musk already…
