While some proponents believe AI will bring about an employment boom, so far its effect has been to dampen entry-level hiring while delivering mixed results on productivity.
Paying Iran in crypto could put shippers at sanctions risk: Chainalysis
Crypto’s transparent ledger makes sanctions evasion easier to trace, allowing authorities to track and potentially freeze illicit flows.
Trump-linked WLFI hits new low as token-backed loan triggers concern
WLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins.
Federal court blocks Arizona crackdown on Kalshi’s event contracts
A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC.
Bitwise edges closer to Hyperliquid ETF launch with second amended filing
Bitwise added the ticker $BHYP and a 0.67% management fee in its latest filing, signaling a potential launch soon, according to Bloomberg’s senior ETF analyst.
XRP price bottom signals emerge after the altcoin holds key support level
Technical and onchain indicators hint at a possible trend reversal in XRP price as traders watch to see if a key support level holds.
CFTC unveils innovation task force members in crypto clarity push
The CFTC’s task force includes five members with legal and crypto backgrounds to help “clear rules of the road for American innovators.”
Bitcoin community weighs in on reports of Iran’s crypto toll for oil ships
Alex Thorn, an executive at crypto investment firm Galaxy, said it is monitoring onchain activity for signs of an oil tanker fee paid in BTC.
Prediction market users await Artemis II mission splashdown
The 10-day lunar flyby mission is expected to end in a splashdown landing in the Pacific Ocean on Friday evening.
CoreWeave lands multi-year agreement with Anthropic to run AI workloads
CoreWeave said the agreement means it now serves nine of the 10 major developers of large language models for artificial intelligence.