Builderbot is the “missing layer between AI coding tools and how engineering actually works at scale,” said Brad Axen, head of AI capabilities at Block. Jack Dorsey’s financial services firm Block rolled out a new suite of AI-native tools on Wednesday, which it says can execute around 15% of all production code changes across the...Continue Reading
France’s cybersecurity agency plans to block certification of products without quantum-resistant encryption starting in 2027, with full adoption targeted for 2030. France’s national cybersecurity agency ANSSI said Tuesday that it will stop certifying security products that lack quantum-resistant encryption, reflecting growing concern among governments about quantum threats to cryptography. ANSSI chief of staff Samih Souissi...Continue Reading
Kentucky has sued Polymarket, Kalshi and Kalshi’s partners Coinbase, Robinhood and Webull, over offering sports event contracts in the state. Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets over sports event contracts. State Attorney General Russell Coleman said in...Continue Reading
Tether is focusing on stronger user demand, deeper liquidity, and broader long-term market opportunity for its leading products. Stablecoin issuer Tether is winding down Alloy by Tether and its gold-backed, overcollateralized aUSDT stablecoin after just two years to focus on products and areas with stronger demand. Tether announced its “strategic changes” on Wednesday following a...Continue Reading
Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve. Key takeaways: Bitcoin remains under pressure from $2.1 billion in ETF outflows in June and an ongoing discount relative to global Bitcoin/USDT pairs. Strategy’s STRC stock shows weakness, highlighting...Continue Reading
Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets. Several national gaming and tribal organizations and labor groups have reportedly called on the US Senate to add language “that explicitly prohibits event contracts tied to sports and...Continue Reading
Several more US states are scheduled to hold primaries next week after one Republican candidate won in Alabama on Tuesday after a crypto company-backed PAC used what it called its “biggest spend of the cycle.” More than $12 million in crypto-aligned political action committee (PAC) media buys helped propel Barry Moore to victory in Tuesday’s...Continue Reading
Bitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure. Can bulls push BTC price back above $70,000? Bitcoin’s (BTC) latest bout of panic selling produced significantly smaller realized losses than those seen during the February correction. Realized losses peaked at $1.4 billion during the June decline, compared to $2.6...Continue Reading
Altcoin spot demand fell to its weakest level in six years while the stablecoin market cap, stocks and AI industry continued to capture investors’ attention. Altcoin markets (excluding Ether (ETH)) recently saw $266 billion in net selling volume on centralized exchanges, the deepest reading since the metric began tracking spot demand in 2020. Altcoins accounted...Continue Reading
The rollout in collaboration with Ondo Finance broadens access to tokenized traditional assets as demand for onchain stocks and ETFs continues to grow. Crypto platform Blockchain.com has added 173 tokenized stocks and exchange-traded funds through a partnership with Ondo Finance, bringing its catalog of tokenized traditional assets to more than 430 offerings across Ethereum, Solana and BNB...Continue Reading
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