Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries. Read More at https://cointelegraph.com/news/forward-industries-moves-319m-in-sol-to-coinbase-prime-amid-113b-paper-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
South Korea police probe Polymarket users over illegal gambling claims: Report
South Korean police reportedly launched the country’s first illegal gambling probe into local Polymarket users amid election-betting scrutiny. Read More at https://cointelegraph.com/news/south-korean-authorities-first-illegal-gambling-probe-polymarket-users?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto billionaires bankroll Nigel Farage’s pro-crypto party
Tether-linked billionaire Christopher Harborne and BitMEX co-founder Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in the first quarter. Read More at https://cointelegraph.com/news/crypto-billionaires-bankroll-reform-uk-more-than-other-parties?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale
“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl. Read More at https://cointelegraph.com/news/strategys-leveraged-bitcoin-model-faces-first-stress-test-grayscale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Anthropic’s warning: AI is on the cusp of getting smarter on its own
Companies have been developing AI very quickly to stay ahead of the market, but Favaro and Clark argue that a slowdown would allow more time to deal with the technology’s implications. Read More at https://cointelegraph.com/news/anthropic-ai-self-improvement-agents-recursive-development?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ZEC drops 30% after Anthropic AI finds Zcash counterfeit vulnerability
ZEC market capitalization fell by almost $3 billion over the past 24 hours following the disclosure of a critical vulnerability, despite it being patched already. Read More at https://cointelegraph.com/news/zec-tanks-30-after-ai-security-review-discovers-critical-zcash-vulnerability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Senate Republicans push finance watchdogs to clarify crypto capital rules
Senator Cynthia Lummis has led a group of lawmakers urging financial regulators for “fair capital treatment for on-balance sheet treatment of digital assets.” Read More at https://cointelegraph.com/news/senate-republicans-push-finance-regulators-to-clarify-crypto-capital-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Comptroller says only Democrats pressuring over crypto trust charter
US Comptroller of the Currency Jonathan Gould and New York Representative Gregory Meeks sparred over Donald Trump’s influence on regulators he has nominated as president at a Thursday oversight hearing. Read More at https://cointelegraph.com/news/occ-gould-political-pressure-democrats-world-liberty-financial?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin fell 21% after Strategy’s debt buyback news— Is a Terra Luna-style doom loop next?
Bitcoin price collapsed as Strategy faced tighter liquidity conditions and paused its BTC buying. Is it time to jump ship, or buy the dip? Read More at https://cointelegraph.com/markets/bitcoin-fell-21-after-strategys-debt-buyback-news-is-a-terra-luna-style-doom-loop-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia targets British 17-year-old for alleging digital assets were skirting sanctions
Political activist Bill Browder, the teenager’s father, said his son was “the first high school student in the world to be sanctioned by an authoritarian regime” over a report on the ruble-pegged stablecoin A7A5. Read More at https://cointelegraph.com/news/russia-sanctions-british-teenager-ruble-stablecoin-ukraine-war?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound