New York City Council Speaker Julie Menin has launched an investigation into marketing practices on prediction markets and has sent letters to four companies that offer prediction market services to New Yorkers.
DeepSeek released V4 Pro, and its Claude Fable variant is reported as only 5% better while costing 4,500% more. An April preview of the model was benchmarked extensively and scored 18 points lower than Anthropic’s flagship. DeepSeek’s own metrics for the completed model differ from those April results.
Norway's $2.3 trillion sovereign wealth fund disclosed a $1.2 billion stake in SpaceX and had previously twice voted against Elon Musk's Tesla pay deals.
SpaceXAI proposes that its Grok bot perform users' jobs but requires access to their accounts. The AI agent is able to operate workplace software and interact with other bots, which raises questions about security and control.
Ethereum staking has reached 34%, and researchers have filed EIP-8361, described as a "tapered issuance burn" that destroys an increasing portion of validator rewards as the staking ratio rises.
Goldman Sachs agreed a $2.25 billion cash-and-equity transaction to acquire NEOS, which brings NEOS's roughly $1 billion Bitcoin covered-call fund into Goldman and gives Goldman immediate scale in a crypto ETF niche it had only just entered on paper.
Kraken has added round-the-clock exposure to the S&P 500 to its funded trading program and says it is expanding its multi-asset offering to include commodities next.
A lawsuit has been filed alleging that Trump’s paid Truth Social feed unlawfully restricts access to official posts, and the company is exploring licensing its data to prediction markets.
Japan emerged from a 30-year period of economic stagnation known as the Lost Decades, and now interest rate increases are threatening the cheap-yen trade that supports crypto and global risk assets.
After the $130M Coldcard exploit, $15 billion in Bitcoin was moved to safety, and Casa CEO Nick Neuman said the mass Bitcoin migration demonstrates that distributed self-custody is Bitcoin's immune system rather than its vulnerability.
Bitwise reduced its workforce by 14% while still projecting growth. Crypto companies including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced layoffs this year, citing reasons that include shifting to AI and market forces.
Polymarket has hired Travis VanderZanden as chief growth officer, and Travis VanderZanden is described as a blitzscaling veteran of Bird, Uber and Lyft.
Researchers used AI to develop a critical Zoom exploit in one day that could let someone in a meeting take control of another participant’s device without the victim clicking anything.
Gold rose following July inflation data while Bitcoin did not. CryptoQuant identifies a Bitcoin bottom signal, and Federal Reserve pause odds exceeded 60% after a cooler July CPI print; CryptoQuant also warns that capitulation may not be finished.
Goldman Sachs purchased NEOS for $2.25 billion, a deal that expands Goldman’s derivative platform to $130 billion in total ETF assets and positions it to directly target BlackRock's BITA fund, according to an analyst.
Fidelity has filed to allow its FETH Ethereum ETF to stake up to 100% of its ETH and, pending SEC approval, distribute the staking rewards to FETH holders as quarterly cash.
Goldman Sachs will gain bitcoin and ETH income ETFs as part of an up to $2.25 billion acquisition of Neos, and Neos Investments offers the Bitcoin High Income ETF, Boosted Bitcoin High Income ETF and Ethereum High Income ETF.
FlightAware withdrew its lawsuit against Kalshi one day after filing it. After the suit was filed, at least one of Kalshi’s event contracts was modified to identify “Primary Source Agency” as the entity responsible for verifying flight cancellation data.
The Bank of England is testing interoperability between stablecoins and a digital pound in cross-border payments, with the Digital Pound Lab running a test of a cross-border trade finance flow that combines stablecoin payments and simulated digital pound settlement.
Wintermute plans a $1 billion AI push beyond crypto and aims for non-crypto markets to produce over 50% of its revenue by 2027, up from 10% currently, as it seeks to diversify its business.
A federal lawsuit titled "Who Owns the President’s Tweets? A Federal Lawsuit Wants an Answer" contends that Trump cannot sell $100,000 early access to presidential posts that the public owns.
Solana-based DoubleZero plans to add prediction market Kalshi’s order book to its low-latency market data feed to meet institutional demands.
HashKey has started a beta distribution of Anchorpoint’s HKDAP stablecoin as an authorized distributor, a move that expands institutional access while Hong Kong’s regulated stablecoin market takes shape.
A software flaw caused a bridge to treat fake deposits as real, allowing an attacker to create unbacked balances and withdraw XRP from the bridge’s reserves after the flaw went undetected during multiple audits.
SKALE Labs launched Agent Pit, a paper-trading prediction market sandbox modeled on Polymarket, on SKALE’s zero-gas blockchain to let builders train AI agents before deploying them live on Polymarket.
A fixed-rate crypto-backed loan allows a borrower to take out cash using BTC, ETH, or SOL as collateral without selling those coins, and the excerpt explains how such loans operate.
Plan B Network director Giacomo Zucco says the failure of BIP-110 revealed the difficulties of reproducing Bitcoin’s early development and that Bitcoin would be "almost impossible to reproduce."
A French couple in the Somme who purchased a former crypto millionaire’s house have been targeted in three separate home invasions.
Google unveiled the Pixel 11 lineup, which includes the Pixel 11, Pixel 11 Pro, Pixel 11 Pro XL and Pixel 11 Pro Fold, all powered by the Tensor G6 chip and offering several AI-powered software features; the phones feature modest hardware upgrades, higher prices, and a RAM downgrade on some models, and Alphabet stock fell after the launch.
The New York City Council has launched an investigation into prediction market platforms concerning alleged "false, deceptive, or abusive marketing tactics."
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