Finance
Tether participated in a $7.5 million funding round for Utexo, a startup building infrastructure for USDT settlement directly on Bitcoin. The investment signals growing interest in using Bitcoin as a base layer for dollar-denominated payments. The stablecoin issuer co-led the round announced Friday alongside other investors. Utexo is developing
Politics
U.S. Senator Elizabeth Warren accused the Securities and Exchange Commission of favoring politically connected crypto figures. The criticism followed the agency’s decision to drop claims against Tron founder Justin Sun. The SEC recently dismissed allegations against Sun and the Tron Foundation tied to an enforcement case involving the
AI
JPMorgan Chase expects technology spending to reach about $19.8 billion by 2026. A growing share of that budget is directed toward artificial intelligence systems embedded across core banking operations. The spending plan reflects a steady increase in the bank’s technology investment. Reports cited by Business Insider indicate that
Markets
Bitcoin slipped below $70,000 after U.S. spot exchange-traded funds recorded $227.9 million in net outflows on March 5. The reversal interrupted a three-day inflow streak that had helped stabilize the market during recent geopolitical volatility. The pullback followed a short period of renewed institutional demand. Spot bitcoin
Politics
Dubai regulators ordered KuCoin-linked entities to immediately stop providing crypto services. The directive signals tighter enforcement of licensing rules in one of the industry's key global hubs. Dubai’s Virtual Assets Regulatory Authority (VARA) issued the order Thursday, stating that several entities operating under the KuCoin brand lack
Politics
Kazakhstan’s central bank plans to allocate up to $350 million toward crypto-related investments. The move signals cautious sovereign interest in digital asset exposure without directly holding large volumes of cryptocurrency. Governor Timur Suleimenov disclosed the plan Friday during an interest rate briefing in Almaty, according to Reuters. The funds
Opinion
Short seller Culper Research disclosed a bearish position against Ethereum (ETH). The firm argues declining network fee revenue is weakening the economic incentives that secure the blockchain. The report, published March 5, said Culper is shorting ETH directly as well as equity tied to the asset. That includes BitMine Immersion
Finance
Crypto exchange OKX introduced an in-app social network designed to display verified trading performance. The feature aims to narrow credibility gaps that often distort online trading discussions. The product, called Orbit, is embedded directly inside the OKX mobile application. The exchange began a phased beta rollout Friday, granting early access
Politics
Vancouver city staff concluded Bitcoin cannot legally be held in municipal reserves. The determination blocks a proposal to diversify city funds into the cryptocurrency. The recommendation follows a legal review of the Vancouver Charter, the provincial law governing municipal operations. Staff submitted the report to the Vancouver City Council this
What Is OpenClaw? Most AI tools today are built for conversation. They answer questions, write text, and help with research. But when it comes to actually doing tasks on your computer, the process usually stops there. You still have to copy, paste, and execute everything yourself. OpenClaw takes a different
Finance
A Coinbase shareholder has filed a derivative lawsuit accusing senior executives of misleading investors about custody practices, securities listings, and anti-money laundering controls. The case targets leadership decisions made during the exchange’s rapid growth period after its 2021 public listing. The complaint was filed Tuesday in the U.S.
Security
Pudgy Penguins sold more than one million plush toys within a year of entering retail stores. That commercial expansion now sits at the center of a trademark dispute with a clothing brand that traces its origins to 1955. PEI Licensing, owner of the Penguin apparel trademark, filed a lawsuit against