Yen stablecoin issuer JPYC’s Series B reaches $38M
JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yenpegged token. Source:Cointelegraph
Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%
Nasdaqlisted PowerCompute refinanced $18 million of debt through a Bitcoinbacked facility carrying an initial interest rate of about 2%. Source:Cointelegraph
EU watchdogs warn of impersonation scams amid MiCA licensing shakeout
Criminals are reportedly using fake websites and falsified documents to target customers searching for licensed crypto providers. Source:Cointelegraph
Meta latest AI firm to see model go rogue during testing
The incident reportedly stemmed from a misconfigured testing environment, adding Meta to a growing list of AI firms whose models have escaped evaluation…
Mysten Labs tech chief joins Anthropic to work on AI security
Mysten Labs’ cofounder Sam Blackshear said he is joining Anthropic as AI shifts the balance between attackers and defenders. Source:Cointelegraph
Bitcoin Red Team reports 5K findings in sweeping security audit
“There’s a lot of chaos right now in the ecosystem. We absolutely understand that many people are being bombarded with security issues right now,” said Bitcoin…
Block raises 2026 outlook on strong quarter, says AI touches nearly all code
Cash App and Square drove betterthanexpected results, while the company said it expanded its use of AI across software engineering. Source:Cointelegraph
Senator Warren questions US AI chip policy after Trump crypto investment: Report
The lawmaker reportedly sent a letter to the Commerce Secretary demanding answers about the administration’s treatment of the UAE following investments in the…
Senator Lummis still pushing for CLARITY vote before August recess
US lawmakers have only a few days to hold a vote on a crypto market structure bill before a recess begins that could push consideration into the 2026 election…
Marex invests in Digital Prime to expand institutional crypto lending
The undisclosed investment will support the development of Tokenet, a digital asset lending platform, as institutional demand for crypto infrastructure…
SEC Establishes Financial Reporting and Accounting Unit in Enforcement Division
The Securities and Exchange Commission today announced it is establishing a new specialized unit within the Division of Enforcement to provide the dedicated…
Crypto-backed Michigan House incumbent loses primary despite $2M PAC support
A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of twoterm incumbent Shri Thanedar.…