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White House accuses Moonshot AI of distilling Anthropic tech for K3

US officials warn that Chinese firms conducting covert, industrial-scale AI distillation could face sanctions and export restrictions.

SEC settles Coinbase suit over ‘text messages that disappeared’

The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages.

Hackers steal $31.6M in 2 crypto bridge attacks within 7 hours

AFX, a decentralized perpetual exchange operating on Arbitrum, reportedly lost $24.15 million on Wednesday, while the Verus Ethereum bridge was attacked hours later.

S&P launches blockchain fundamentals index for digital assets

The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto indexes.

S&P launches blockchain fundamentals index for digital assets

The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto indexes.

Crypto PAC pours $1M into Michigan Democratic primary race

Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.

US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules

According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.

Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches

Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to test AI applications in financial services.

SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws

The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws, depending on how they are structured and operated.

Digital Chamber sues Illinois officials over new state 0.2% crypto tax

The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.

BitGo, OTC Markets plan tokenized securities access for broker-dealers

The proposed alliance would enable more than 150 broker-dealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody infrastructure.

Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon

Bitcoin and US stocks stayed strong in the face of US-Iran escalation as analysis predicted BTC price action outperforming equities later.

The digital euro: Surveillance money, or a better alternative to cash?

Proponents of the digital euro say its a better alternative to cash that’s fully backed by the ECB. But critics argue it could provide the EU with too much power over its citizens.

Franklin Templeton calls agentic AI next ‘killer’ use case for blockchain

Franklin Templeton’s digital assets lead said that the autonomous AI agent economy will increase demand for blockchain protocols hosting machine-to-machine micropayments.

Bitcoin analysis eyes ‘serious volume’ after Binance sees 9K BTC daily outflow

Binance set multimonth records for net BTC outflows on Tuesday, adding to an emerging trend of positive inflows to the US spot Bitcoin ETFs.

Bitcoin analysis eyes ‘serious volume’ after Binance sees 9K BTC daily outflow

Binance set multimonth records for net BTC outflows on Tuesday, adding to an emerging trend of positive inflows to the US spot Bitcoin ETFs.

Zilliqa Ledger app vulnerability lets attackers recover signer’s private keys

A security vulnerability in the Zilliqa Ledger app is enabling attackers to reconstruct private keys using publicly available onchain data.

US seeks forfeiture of $25M in crypto tied to romance, investment scams

US prosecutors are seeking more than $25 million in cryptocurrency allegedly connected to international fraud and laundering networks.

Talos brings institutional trading tools to Kalshi prediction markets

The integration provides institutional clients with access to Kalshi’s event contracts and crypto perpetuals via Talos’ existing trading infrastructure.

South Korea crypto volumes shrink as retail investors shift to stocks

Trading activity on South Korea’s five major crypto exchanges fell sharply as the KOSPI surged, signaling a shift in retail investors toward equities.

Foundry asks Bitcoin miners to vote on BIP-110 support

Foundry USA asked its mining customers to signal their support for BIP-110, an actively debated proposal seeking to shrink the amount of data that can be stored in a Bitcoin transaction.

Balance Coin crashes 99% after reported $915K exploit

The attack allowed the exploiter to liquidate multiple Bitcoin-backed vaults before swapping the assets for profit.

OpenAI says AI models escaped containment to hack Hugging Face

OpenAI called it an “unprecedented cyber incident” after its AI models broke out of their sandbox to hack an AI startup during a security evaluation.

Balaji’s Network School turns to Kazakhstan amid Malaysia setback

The agreement gives Balaji Srinivasan’s tech community a potential new base as Malaysian authorities clamp down on the Network School over alleged licensing breaches.

CLARITY Act could help CFTC deal with prediction markets: Lawyer

According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive growth of prediction markets.”

Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil

The blockchain developer will continue operating under court supervision as it restructures following a market-making scandal, a co-founder’s suspension and exchange delistings that rocked the project.

Ether breaks the $1.9K resistance: Is $2.1K the next target for ETH bulls?

Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100.

Pakistan steps up crypto enforcement with dedicated federal unit

A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address crypto-related crime.

Pavel Durov says Telegram to roll out native Gram crypto wallet

Telegram founder Pavel Durov said the messaging platform will roll out a native non-custodial Gram wallet this summer, bringing self-custody crypto transactions to its more than 1 billion users.

Crypto market breakout could accelerate as AI trade cools, analyst says

Bitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades.

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