A research team behind an autonomous AI agent said that the model unexpectedly attempted to use computing resources for crypto mining during training. In a recent technical report, researchers said ROME, an experimental autonomous AI system designed to complete tasks through interaction with tools, software environments and terminal commands, went rogue and attempted crypto mining … Read more
Bitcoin’s derivatives market gave us the best explanation of this week’s macro stress. Funding rates turned sharply negative, open interest stayed elevated, and then the US jobs report landed. Put together, that showed a market leaning hard into downside hedges just as a real macro catalyst arrived. That sequence is worth understanding because it explains … Read more
US spot Bitcoin exchange-traded funds recorded their second consecutive week of net inflows, marking the first back-to-back weekly gains in five months. Spot Bitcoin (BTC) ETFs attracted roughly $568.45 million in net inflows this week, according to data from SoSoValue. The products also posted positive flows of about $787.31 million the previous week, showing renewed … Read more
The Treasury’s report to the US Congress was commissioned as part of directives under the GENIUS stablecoin regulatory framework. The United States Treasury Department acknowledged the legitimate use of mixers, which obfuscate crypto transfers to preserve user privacy, in its report to Congress on “Innovative Technologies to Counter Illicit Finance Involving Digital Assets.” “As consumers … Read more
Bitcoin could experience a short-term rally that catches investors off guard before the broader downtrend resumes, according to on-chain analyst Willy Woo. “Bull trap forming,” Woo said in an X post on Saturday, referring to a fake breakout suggesting that the market is entering a sustained uptrend. He added that it may last “out to … Read more
A group of US lawmakers is uniting to prevent the US central bank from ever issuing a Central Bank Digital Currency (CBDC), warning that proposed legislation only delays it until 2031. “We write to you to express the dire need to prohibit a Central Bank Digital Currency from ever happening in the United States,” US Congressman … Read more
Key takeaways: Bitcoin faced pressure as rising oil prices and weak US data sparked risk-off sentiment and drove investors to gold. A redemption spike in private credit funds from BlackRock and Blackstone signaled growing anxiety among retail investors. Bitcoin (BTC) saw a 7% correction between Thursday and Friday following a failed attempt to reclaim the … Read more
Former Binance CEO Changpeng “CZ” Zhao said centralized crypto exchanges have “zero motive” to assist terrorists after a US court dismissed a lawsuit accusing the exchange of facilitating terrorist financing. In a post on X, Zhao argued that the economics of crypto trading make such activity illogical for exchanges. “There are absolutely zero (0) motive … Read more
Log in to Coinbase next tax season, and your tax documents might no longer arrive by mail. Under a new IRS proposal, crypto exchanges could be required to file Form 1099-DA electronically. This form reports digital asset trades, and could refuse to do business with customers who decline to provide it. The comment period closes … Read more
The following is a guest post and guest post from Thomas Pratter, Founder and CEO at Renesis. Liquid crypto funds are having a moment. The number of actively managed vehicles keeps growing, DeFi strategies are gaining legitimacy, and regulatory clarity is slowly catching up. Institutional allocators are paying closer attention than ever. But behind the … Read more