US AI gap with China questioned after study
A US government-backed evaluation claims China’s leading AI model lags the frontier by eight months, but experts are challenging the methodology and conclusions.
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A US government-backed evaluation claims China’s leading AI model lags the frontier by eight months, but experts are challenging the methodology and conclusions.
Haun Ventures has raised a $1 billion fund to invest in crypto infrastructure, tokenisation and systems enabling AI agents to transact autonomously.
Ripple will provide North Korea-linked threat intelligence to the Crypto ISAC, expanding efforts to combat fraud and infiltration across the crypto industry.
Capital B has raised €1.1 million ($1.28 million) through a warrant issuance backed by Adam Back, supporting its Bitcoin accumulation strategy.
GameStop has made an unsolicited $55.5 billion cash-and-stock offer to acquire eBay, marking a bold attempt to expand beyond its core retail business.
K Wave Media is abandoning its Bitcoin treasury strategy, redirecting up to $485 million into artificial intelligence infrastructure, according to a filing with the US Securities and Exchange Commission.
Hut 8 has secured a $200 million Bitcoin-backed credit facility from FalconX, replacing its previous loan with Coinbase Credit.
Western Union has launched its US dollar-backed USDPT stablecoin on Solana, marking its entry into blockchain-based payments and onchain settlement.
Institutional investors are beginning to enter prediction markets, signalling a shift from retail-driven platforms toward more structured financial instruments, according to a Bernstein report.
Aave has secured an emergency hearing in a New York federal court to challenge a restraining order that could redirect $71 million in frozen crypto away from hack victims.
XRP is trading near $1.40 with volatility at multi-year lows, as tightly compressed Bollinger Bands signal a likely breakout.
South Korea’s crypto industry has warned that proposed anti-money laundering changes could sharply increase reporting burdens for exchanges, potentially disrupting operations.
Bitcoin surged past $80,000 on May 4, hitting a three-month high of $80,617 and pushing its market capitalisation above $1.6 trillion amid heightened geopolitical tensions.
Onchain investigator ZachXBT has accused crypto influencer Ashcrypto of orchestrating a pump-and-dump scheme involving the ROYA token, raising fresh concerns about social media-driven market manipulation.
The US Securities and Exchange Commission has delayed the launch of multiple prediction market ETFs, seeking additional details from issuers on structure and risk disclosures, according to a Reuters report.
Payward has accused Etana Custody and its CEO Dion Russell of orchestrating a “Ponzi-like” scheme that allegedly misappropriated more than $25 million in customer funds.
Tether said its tokenised gold product XAUt surpassed $3.3 billion in market capitalisation in the first quarter, as demand for bullion-backed assets increased amid macro uncertainty.
World Liberty Financial has filed a defamation lawsuit against Tron founder Justin Sun in Florida, intensifying a dispute between the Trump-linked crypto platform and one of its largest investors.
Morgan Stanley expects Bitcoin to eventually appear on US bank balance sheets, though regulatory hurdles still prevent near-term adoption.
A US law firm has filed a restraining notice to block the transfer of frozen Ether linked to the Kelp DAO exploit, arguing its clients are owed more than $877 million by North Korea.
Changpeng Zhao, founder of Binance, said the United Arab Emirates is set to become a global financial centre due to its progressive approach to cryptocurrency regulation and innovation.
Ripple has opened a new regional headquarters in Dubai to expand its blockchain-based payments and digital asset infrastructure across the Middle East and Africa.
Binance Co-CEO Richard Teng said crypto could see transformational growth by capturing a small share of traditional financial markets valued in the tens of trillions.
Marscat has partnered with XBIT DEX to integrate decentralised trading capabilities into its Web3 application engine.
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