NEWS
Hugging Face CEO Thanks Chinese AI for Saving the Day After OpenAI Hack
In brief Hugging Face CEO Clément Delangue thanked Z.ai on X saying the Chinese model became “a key part of our defense” during the breach…
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New Clarity Act emerges that’s a start on the final draft, makes ethics rule temporary
“Today’s draft is a meaningful step toward the Senate vote on the Clarity Act we’ve been calling for,” said Digital Chamber CEO Cody Carbone in…
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BitGo, OTC Markets Target Broker-Dealers with Digital Asset Access
Digital asset infrastructure provider BitGo and OTC Markets Group, the operator of regulated over-the-counter securities markets, plan to partner on digital asset trading and custody…
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Bitcoin, US Stocks Show Little Weakness Despite Fresh US-Iran Escalation
Bitcoin (BTC) held higher on Wednesday as crypto and risk assets continued to brush off US-Iran war tensions. Key points: Bitcoin limits its comedown from…
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Revolut hits $115 billion valuation in employee share sale: WSJ
Crypto-friendly digital bank Revolut has been valued at $115 billion in a secondary share sale, lifting the company’s valuation by 53% in less than a…
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SEC’s Pierce warns some DeFi vaults, onchain lending may fall under securities laws
The U.S. Securities and Exchange Commission (SEC) has signaled that one of decentralized finance’s fast-growing sectors could face greater regulatory scrutiny. In a statement Wednesday,…
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Plans for a UK Digital Gilt Instrument, or DIGIT, hinge on one missing piece: onchain cash
“I don’t have any real political insights, but I expect that there is sufficient momentum behind this,” said Paul via WhatsApp. “And I believe that…
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US Seizes More Than $25M in Crypto Tied to Investment and Romance Scams
In brief U.S. prosecutors have seized more than $25 million in cryptocurrency linked to international fraud schemes that targeted victims across the U.S. and Canada.…
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The crypto question isn’t what to own — it’s what you can survive holding
This interconnection carries a consequence allocators tend to underestimate. Diversification does more work in calm markets than in stressed ones. In risk-off regimes, correlations across…
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Centralized Elements ‘Frequently Persist’ in DeFi and Should Be Regulated: FATF
In brief The Financial Action Task Force said that many DeFi platforms are decentralized in name only and fall under its rules wherever identifiable people…
