Business

Bitcoin miners face new rival for cheap power as Anthropic signs multi-gigawatt computing deal

Anthropic has announced a partnership with Google and Broadcom for “several gigawatts” of next-generation TPU computing capacity expected to come online from 2027, a commitment the company called its most significant to date, as revenue growth accelerated to an annual operating rate of $30 billion from $9 billion in late 2025. The scale of AI

Bitcoin miners face new rival for cheap power as Anthropic signs multi-gigawatt computing deal Read More »

SEC close to issuing ‘reg crypto’ on fundraising issues, says chairman Atkins

NASHVILLE, Tenn. — The Securities and Exchange Commission is close to proposing a “regulatory crypto” bill that would deepen its approach to overseeing the crypto industry and draw lines between transactions that may be securities and those that are not, the agency’s head said Monday. SEC Chairman Paul Atkins said the commission’s new crypto reg

SEC close to issuing ‘reg crypto’ on fundraising issues, says chairman Atkins Read More »

Jamie Dimon says JPMorgan must move faster as tokenization reshapes finance

JPMorgan ( JPM ) CEO Jamie Dimon said the bank must move faster to keep pace with blockchain-based competitors as tokenization reshapes parts of the financial system, according to his annual letter to shareholders. “A whole new set of competitors is emerging based on blockchain, which includes stablecoins, smart contracts and other forms of tokenization,”

Jamie Dimon says JPMorgan must move faster as tokenization reshapes finance Read More »

BTC’s ‘stability’ is a mirage, says Bitfinex

Bitcoins BTC$69,858.18 Muted price action masks a build-up of downside risk in derivatives markets, with traders increasingly positioning themselves for a sharper move lower. According to a recent Bitfinex report, the options market shows a persistent gap between implied and realized volatility, with implied volatility staying in the range of 48% to 55%, while actual

BTC’s ‘stability’ is a mirage, says Bitfinex Read More »

Appeals court blocks New Jersey from shutting down Kalshi’s sports markets

An appeals court ruled Monday that New Jersey could not temporarily ban prediction market provider Kalshi, giving the platform a much-needed victory against an onslaught of state enforcement actions. A third appeals court panel ruled by a 2-1 vote that the state could not bring an enforcement action against Kalshi because the company’s products are

Appeals court blocks New Jersey from shutting down Kalshi’s sports markets Read More »

Aave loses key risk manager Chaos Labs due to contributor exodus and disputes

Chaos Labs, one of Aave’s main risk managers, is leaving the DeFi lending giant’s ecosystem, marking the latest in a string of high-profile contributors who have reshaped the protocol’s core operations team in recent months. The departure follows earlier exits from major contributors such as ACI (Aave Chan Initiative) and BGD Labs, signaling growing internal

Aave loses key risk manager Chaos Labs due to contributor exodus and disputes Read More »

Polymarket has just unveiled a ‘full exchange upgrade’ to take control of its own trading and truth

Polymarket said it expects to roll out a new 1:1 USDC-backed collateral token in the coming weeks as part of a broader overhaul of its trading platform, according to a post on X. The upgrade, described by the company as a “full exchange upgrade”, includes a rebuilt trading engine, updated smart contracts and a new

Polymarket has just unveiled a ‘full exchange upgrade’ to take control of its own trading and truth Read More »

Bitcoin climbs above $70,000 as more adversarial bottom signs emerge

Crypto has added a Sunday rally with bitcoin BTC$69,229.19 rising above $70,000 in quiet hours after Easter in the US. The gain comes alongside a modest gain in the major stock market averages ahead of President Trump’s Tuesday ultimatum that Iran must open the Strait of Hormuz. Just after midday on the East Coast, the

Bitcoin climbs above $70,000 as more adversarial bottom signs emerge Read More »

OpenAI CEO urges US to prepare for AI ‘superintelligence’ risks and rewards

OpenAI CEO Sam Altman said U.S. policymakers must act now to prepare for advanced artificial intelligence, warning that the technology is moving from theory to everyday economic use. In an interview with Axios, Altman said AI systems are already handling coding and research tasks that once required teams of programmers. Newer models will go further,

OpenAI CEO urges US to prepare for AI ‘superintelligence’ risks and rewards Read More »

Scroll to Top