A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even richer.” Some of the fighters in Sunday’s Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family...Continue Reading

Grayscale says decentralized AI tokens gained after the US government ordered Anthropic to cut access to its latest AI models, showing user demand for alternatives to centralized AI. Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized...Continue Reading

The US Government Accountability Office says that regulators, including the FDIC, lack an “ongoing coordination mechanism for addressing blockchain risks.” The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology. GAO made a June 8 letter to...Continue Reading

The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform. Bitcoin miner IREN has completed its acquisition of the Spanish data center developer Nostrum Group, marking its entry into Europe as the company builds out its artificial intelligence cloud business. IREN...Continue Reading

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation. Today in crypto, Strategy’s latest Bitcoin purchase pushed its holdings to 846,842 Bitcoin, as the cryptocurrency’s continued recovery hinges on a successful deal between the US and Iran....Continue Reading

LVRG Research director Nick Ruck says Bitcoin could face a “volatile path” if a recently agreed peace deal between the US and Iran breaks down. Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its onchain metrics show the cryptocurrency remains weak despite its recent recovery, analysts say. Nick...Continue Reading

LVRG Research director Nick Ruck says Bitcoin could face a “volatile path” if a recently agreed peace deal between the US and Iran breaks down. Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its onchain metrics show the cryptocurrency remains weak despite its recent recovery, analysts say. Nick...Continue Reading

The US Government Accountability Office says that regulators, including the FDIC, lack an “ongoing coordination mechanism for addressing blockchain risks.” The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology. GAO made a June 8 letter to...Continue Reading

Grayscale says decentralized AI tokens gained after the US government ordered Anthropic to cut access to its latest AI models, showing user demand for alternatives to centralized AI. Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized...Continue Reading

A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even richer.” Some of the fighters in Sunday’s Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family...Continue Reading