Politics
U.S. federal prosecutors are seeking five-year prison sentences for the founders of Samourai Wallet, a cryptocurrency mixing service accused of laundering hundreds of millions of dollars in illicit funds. In a sentencing memorandum filed Friday, prosecutors requested 60-month prison terms for Keonne Rodriguez and William Lonergan Hill, who co-founded
Finance
Decentralized finance (DeFi) platform Stream Finance has temporarily frozen all withdrawals and deposits after one of its external fund managers reported a loss of approximately $93 million, the company confirmed late Monday. In a post on X (formerly Twitter), Stream Finance said the external manager disclosed the loss earlier this
Markets
Two of the biggest players in digital asset management, Bitwise and Grayscale, have revealed management fees for their upcoming cryptocurrency exchange-traded funds (ETFs) tracking XRP and Dogecoin — even as both firms prepare to move ahead without formal approval from the U.S. Securities and Exchange Commission (SEC). According to recent
A New Kind of Blockchain for a New Kind of AI Kite (KITE) isn’t just another Layer 1 blockchain—it’s a foundation built for the next generation of autonomous AI agents. Designed to be EVM-compatible, Kite provides a secure, programmable environment where artificial intelligence can act, trade, and
AI
The rise of AI-powered web browsers like Fellou and Perplexity’s Comet is being hailed as the next step in internet innovation — but cybersecurity experts caution that these smart browsers may pose serious threats to enterprise security. Touted as digital assistants for the web, AI browsers can summarize pages, automate
Regulation
Zug, Switzerland / Vienna, Austria — AMINA Bank has officially entered the European Union’s financial landscape, gaining authorization under the EU’s new Markets in Crypto-Assets (MiCA) framework. The approval, granted by Austria’s Financial Market Authority (FMA) to AMINA’s newly formed subsidiary, AMINA (Austria) AG, allows the Swiss-based crypto
AI
OpenAI is making one of the boldest infrastructure bets in tech history—spreading roughly $600 billion across Amazon Web Services (AWS), Microsoft, and Oracle to secure the computing power it needs to build and scale frontier artificial intelligence. After ending its exclusive partnership with Microsoft, OpenAI has diversified its cloud
When you hear about the massive security of the Bitcoin network, you're really hearing about the power of SHA-256. This isn't just a complicated-sounding piece of jargon; it's the invisible, cryptographic engine that makes blockchain technology possible. SHA-256 is a secure hashing algorithm that
Innovation
HIVE Digital Technologies is stepping up its shift from bitcoin mining to artificial intelligence (AI) and high-performance computing (HPC) infrastructure, announcing the purchase of a 32.5-acre site in Grand Falls, New Brunswick, for $1.7 million. The Nasdaq-listed company plans to transform the site into a renewable-powered data center
Markets
Cipher Mining’s stock jumped more than 33% on Monday after the company announced a $5.5 billion, 15-year lease agreement with Amazon Web Services (AWS) to provide infrastructure for artificial intelligence (AI) workloads. The move marks a major step in the bitcoin miner’s pivot toward high-performance computing (HPC)
A New Kind of Crypto Joke Fartcoin, launched on October 18, 2024, on the Solana network, isn’t your typical cryptocurrency. Instead of promising to “revolutionize finance” or “disrupt banking,” this meme coin takes a lighter approach — embracing the universal truth that, well, everyone farts. The project was born on
If you’ve ever tried to move an asset from the Ethereum network to the Solana network, you’ll understand the headache: different rules, different languages, and frustrating friction. This is the "walled garden" problem of the blockchain world. Blockchain interoperability is the simple, yet technologically complex, solution.