Everything web3, crypto, defi, degen
In brief A new Anthropic report says cybercriminals are using AI to run real-time extortion campaigns, with ransom notes using Bitcoin as the payment rails. North Korean operatives are faking technical skills with AI to land Western tech jobs, funneling millions into weapons programs, often laundered through crypto. A UK-based actor is selling AI-built ransomware-as-a-service…
In brief Blueprynt’s pilot program for “Know Your Issuer” tapped USDC and PYUSD. The solution is aimed at stifling counterfeit cryptocurrencies. The pilot comes amid new guidance for banks and safeguarding crypto. Bluprynt recently completed a pilot project aimed at stifling counterfeit cryptocurrencies, integrating a “Know Your Issuer” framework into stablecoins from Circle and PayPal,…
In brief Nasdaq-listed Kindly MD filed an automatic shelf registration for up to $5 billion. The move follows a $679 million Bitcoin purchase through its subsidiary. Analysts warn Bitcoin-focused treasuries may drain liquidity from altcoins. Nasdaq-listed healthcare firm Kindly MD filed an automatic shelf registration statement with the SEC on Tuesday, electing to distribute up…
In brief Polymarket unveiled an investment from 1789 Capital. Donald Trump Jr. serves as a partner at the venture capital firm and is joining the prediction market’s advisory board. The prediction market is trying to reenter the U.S. Donald Trump Jr. is joining Polymarket’s advisory board, the prediction market said in a press release on…
In brief Apple is expected to debut the iPhone 17 lineup, including a new ultra-slim iPhone 17 Air, according to rumor sites. The Pro models may support reverse wireless charging, letting them top up AirPods or other devices. Expect upgrades a to AI-powered Siri, Apple Watch, and AirPods Pro. Apple has officially set its fall…
In brief Trump Media is working with Crypto.com to build a crypto treasury with $6.4 billion in backing. The treasury will be made up of Cronos (CRO). Trump Media’s Truth Social will also use CRO as a rewards and utility token. It’s the latest crypto-related business venture by one of President Trump’s companies. Trump Media…
In brief The Paris-based chipmaker aims to raise up to $200 million through ADS issuance. Funds will be directed toward expanding Bitcoin holdings under long-term plan. The company already holds more than 3,000 BTC, with a 100,000 target by 2030. Sequans Communications (NYSE: SQNS), a Paris-based semiconductor firm listed on the New York Stock Exchange,…
In brief Bitcoin dropped 2.8% to $109,882, with $940 million in long liquidations. Trump’s firing of Fed Governor Lisa Cook rattled markets, briefly sinking the dollar index. Investors await Q2 GDP revisions and core PCE inflation for clues on September rate cuts. Bitcoin is extending its weekend losses ahead of key macroeconomic events this week…
In brief Pantera may launch “Solana Co.” to hold Solana tokens as a corporate treasury asset. The effort would begin with a $500 million raise, followed by $750 million in warrants. A single entity could end up holding more Solana than all current public treasuries combined. Pantera Capital is reportedly seeking to raise up to…
In brief Ethereum treasury company ETHZilla has announced a $250 million stock buyback program. The firm’s stock is down by more than 50% over the last week, evaporating most of its recent gains. Ethereum recently hit a new all-time high price, breaking a record that stood since 2021. ETHZilla Corporation—a publicly traded Ethereum treasury firm…
