World Liberty Financial (WLFI), the crypto venture backed by President Donald Trump’s family, is facing fresh scrutiny after nearly half the artificial intelligence (AI) models on its partner platform, Worldclaw, were found to come from Chinese companies the U.S. Department of Defense flagged as military-aligned. What Worldclaw Offers Worldclaw is a Hong Kong-based AI marketplace […]
Read MoreSaylor: Strategy Investors Should Hold MSTR for 7 to 10 Years
Strategy Executive Chairman Michael Saylor told shareholders to plan for a minimum four-year holding period in MSTR stock, with seven to 10 years the preferred window, as the bitcoin treasury company sits on a $4.8 billion cash reserve. A Four-Year Floor, Not a Ceiling Speaking to investors this week, Saylor set explicit expectations for how […]
Read MoreDutch Prosecutors Raise $2.55M From Crypto Tied to Bankrupt Knaken
A court-appointed trustee warns that the 6,300 customers of the bankrupt Dutch crypto platform Knaken face severe financial losses, as prosecutors have recovered only $2.55 million after selling seized cryptocurrency. Discrepancy Between Deposits and Assets Dutch prosecutors have liquidated all remaining cryptocurrency assets held by bankrupt trading platform Knaken, raising $2.55 million to pay […]
Read MoreSui’s Hashi Bridge Tops 1.1 Million Bitcoin Deposits in 3 Weeks
Sui’s Hashi bitcoin lending protocol has processed more than 1.1 million deposits and 165,000 withdrawals in the three weeks since its July 22 testnet launch, per onchain data. Deposit Volume Climbs in Testnet’s First Weeks Onchain analysts have reported that activity on Sui’s Hashi testnet has been brisk since the testnet went live on July […]
Read MoreEthics Probe Resumes After Pro-Crypto Farage Wins By-Election
Nigel Farage’s Clacton byelection win immediately restarted a paused ethics probe into his undeclared financial gift from a Thailand-based crypto billionaire. Election Victory and Renewed Scrutiny Nigel Farage, the pro-crypto leader of Reform UK, secured a resounding victory in the Aug. 13 snap by-election in Clacton, but his return to Parliament immediately triggered the […]
Read MoreTether Pushes Into Artificial Intelligence as User Base Tops 650M
Tether is expanding into artificial intelligence as it looks to build on a global user base of more than 650 million. CEO Paolo Ardoino says the company increasingly sees itself as a digital dollar and infrastructure business rather than a conventional crypto firm. Tether Expands Beyond Crypto as USDT Supply Holds Near $183B Tether is […]
Read MoreNew UK PM Moves to Scrap the Gambling Duty He Lobbied Against
Prime Minister Andy Burnham says his government intends to revoke the Gambling Act’s “aim to permit” duty, the statutory presumption that has shaped premises licensing since 2005. He signed a council coalition letter demanding this exact action as the mayor of Greater Manchester. The British Parliament legislated a narrower fix in April that has never […]
Read MoreA Mystery Winner Claimed $24 Million Just Two Days Before the Deadline. Officials Think They Waited on Purpose
A $24 million New York Lotto ticket bought on May 25, 2016, at Renu Corp Grocery and Tobacco in Tribeca sat unclaimed for nearly a year until the winner showed up on May 23, 2017, just two days before the May 25 deadline. The winner said news coverage of the expiring prize prompted them to […]
Read MoreEU Empowers Regulators to Block Third-Country Crypto Platforms
The 21st package of European Union sanctions against Russia, passed on July 23, apart from tightening the screws on the Russian ruble stablecoin network and the institutions enabling it, also introduces the possibility of banning crypto transactions with countries aiding Russia in evading imposed restrictions. 21st EU Sanctions Package Against Russia Expands Scope Of Crypto […]
Read MoreHarmony Protocol to Roll Back Network After Massive Exploit
Following a security breach on Aug. 12 where an attacker exploited verification vulnerabilities to illicitly mint 2.385 trillion tokens, Harmony Protocol is executing a full network rollback to Aug. 11. Token Inflation Developers behind the Harmony blockchain protocol announced Aug. 17 that they will execute a full network rollback to Aug. 11 following a security […]
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