Investor who called for AI pivot in 2023 says bitcoin is going to $57,000
Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.…
Now is the time to accumulate bitcoin, Galaxy says
Galaxy argues improving price trends, resilient ETF demand and rising U.S. debt support bitcoin’s recovery towards its previous high. Source:CoinDesk
An AI label alone no longer wins lenders, JPMorgan says
As default insurance on several AIlinked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash,…
Solana bug reports now cost 1 SOL as AI floods security teams with spam
Researchers must now permanently burn 1 SOL for every submission after a monthlong contest drew 809 reports, with AI believed to have helped generate or write…
Ethereum fixes Glamsterdam bug that could have sent staking deposits to builders
Developers initially rejected the change before reversing course, as testing delays gave them more time to examine a flaw in Ethereum's upcoming Glamsterdam…
Zcash co-founder proposes ending grants funding, citing $125 million treasury
Sean Bowe’s proposal would send the committee’s 8% share of newly created ZEC to a reserve for future miners. The committee would keep the money it has already…
Ripple gets a final go-ahead to launch its own U.S. national trust bank
The Office of the Comptroller of the Currency has approved Ripple National Trust Bank (RNTB), Ripple's CEO Brad Garlinghouse announced on X. Source:CoinDesk
Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines
The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market…
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.…
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach. Source:CoinDesk
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. Source:CoinDesk
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, nonbank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within…