DeepSeek is reportedly on track to raise at least 80 billion yuan ($12 billion) in its latest pre-IPO funding round, far exceeding its initial 50 billion yuan target. The round has attracted major investors including Tencent Holdings, the...
The European Banking Authority (EBA) is calling for changes to Europe’s crypto rules as the overlap between stablecoins, crypto lending and decentralized finance exposes issues in the Markets in Crypto-Assets Regulation (MiCA). In its September 24 response to...
Hester Peirce, a commissioner at the US Securities and Exchange Commission, has called for a change in how financial institutions handle Know Your Customer (KYC) and anti-money laundering (AML) requirements. Speaking at SIFMA’s Digital Assets Conference on September...
BlackRock says the growing use of artificial intelligence could create new demand for digital assets. The stated reason was that AI systems have become more capable of interacting with money and computing resources. In its new research paper,...
X has added a “Trade” option to supported cash tags. This recent development links US users to Coinbase, Gemini, Kraken, Interactive Brokers, and Moomoo. People can move from a stock or crypto discussion on X to a partner’s...
X is taking legal action against people it accuses of manipulating its creator-revenue system through a network of Bitcoin-focused accounts. In a complaint filed in England and Wales, X alleges that several defendants operated multiple accounts as one...
The Federal Reserve has started a new round of Treasury bill purchases, reviving a question crypto traders have been asking for months: is the Fed quietly easing again? The New York Fed plans approximately $15.6 billion in Treasury...
OpenAI has published six reports detailing unexpected model behaviour observed during training and evaluation over the past six months. The company says the disclosures are part of a new framework for tracking and reporting AI misalignment. The cases...
The US Senate has blocked the next step for the Digital Asset Market Clarity Act, potentially leaving crypto firms and investors without the single framework they’ve been waiting for all year. A day before this vote, Senator Cynthia...
The sentencing of six Malaysian men in a S$4.9 million Singapore robbery shows a key problem in crypto investigations. Blockchain transactions are visible, but recovering stolen assets is much harder. The men were sentenced on September 14 for...
