News
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K Wave stock sinks after $485M Bitcoin-to-AI pivot
K Wave Media has redirected up to $485 million from its Bitcoin treasury strategy into artificial intelligence infrastructure. Summary K…
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GSR gains SC Ventures backing for institutional crypto market push
GSR has secured a strategic investment from SC Ventures, the fintech investment arm of Standard Chartered, according to a Tuesday…
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Upbit takes control of its own Ethereum chain with Optimism
South Korea’s Upbit has partnered with Optimism to develop a dedicated Ethereum Layer 2 blockchain using the OP Stack. Summary…
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Bank groups challenge Senator Thom Tillis over stablecoin proposal
U.S. banking groups have pushed back against the latest CLARITY Act language on stablecoin rewards, arguing it does not sufficiently…
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Polygon rolls out private stablecoin payments with hidden transfers
Polygon has introduced a privacy layer for stablecoin transfers, allowing transactions to remain hidden from public view while still meeting…
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Uphold rejects NYAG claims after $5M CredEarn settlement
Uphold has pushed back against the New York Attorney General’s statement on its $5 million CredEarn settlement. Summary Uphold says…
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A16z enters CFTC battle over state prediction market bans
Andreessen Horowitz has entered the growing fight over U.S. prediction markets. Summary A16z says state bans could weaken federally regulated…
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Ethereum Foundation sends 10K ETH to BitMine again
The Ethereum Foundation has completed another over-the-counter ETH sale to BitMine Immersion Technologies. Summary Ethereum Foundation sold 10,000 ETH to…
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CISA adds Linux Copy Fail flaw to exploited bug list
A newly disclosed Linux security flaw has drawn attention from U.S. cyber officials after researchers warned that attackers could use…
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New York secures $5M from Uphold over CredEarn promotion
New York Attorney General Letitia James has secured more than $5 million from crypto platform Uphold. Summary Uphold will pay…
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