Payment transaction volumes among artificial intelligence agents are more than 90% lower than reports suggest, but crypto giants are pouring billions into building the infrastructure around it. AI agents are starting to buy things, but “the numbers are inconsistent,” Andreessen Horowitz (a16z) partner Noah Levine wrote in an X post on Wednesday. He said a … Read more
Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a risk of an impending enforcement action over its sports event contracts. Kalshi sued Iowa Attorney General Brenna Bird, along with the Iowa Racing and Gaming Commission and its board, in an Iowa federal court on … Read more
Stablecoin yield providers will inject more capital into the US banking system, argues White House Council of Advisors for Digital Assets executive director Patrick Witt, amid debate over whether stablecoin yields will draw deposits away. “Foreigners exchange local currency for stablecoins from a US-based issuer,” Witt said in an X post on Wednesday, adding that … Read more
Crypto ATM fraud surged to $333 million in the US in 2025, with complaints received by the FBI growing 33% in the year as scam networks became more industrialized while tapping into advanced AI deepfake technology. Crypto ATM fraud is one of the fastest-growing financial crime categories in the US, according to cybersecurity firm CertiK … Read more
Bitcoin-buying company Metaplanet has established a new venture firm, Metaplanet Ventures, to support Bitcoin ecosystem development in Japan, as the country looks to recognize Bitcoin as a regulated financial asset within the next two years. Metaplanet said on Thursday that Metaplanet Ventures K.K. will be tasked with funding, incubating and scaling companies that build regulated … Read more
Mobile phone chipmaker MediaTek patched a vulnerability affecting its chipsets in January that could have allowed an attacker to steal crypto seed phrases on affected devices using just a USB cable and the right software. The flaw was discovered by Ledger’s white-hat security team, Donjon, who had shared the vulnerability with MediaTek before a patch … Read more
Ghana’s securities regulator has given the nod to 11 crypto trading platforms to participate in its new regulatory sandbox program, its first major step in support of crypto after passing a law to provide the local market with regulatory clarity in December. Ghana’s Securities and Exchange Commission said on Tuesday that the 11 crypto platforms … Read more
Stephen Gregory, a former compliance executive at CEX.IO and Gemini, has taken over as CEO of Binance.US, a crypto exchange that was once a target of a long-running SEC lawsuit. Binance.US, the US affiliate of crypto exchange Binance, has named compliance lawyer Stephen Gregory as CEO as the company looks to re-expand in the country. … Read more
US-based prime brokers, financial institutions that provide services to hedge funds, are reportedly working to give their clients access to Kalshi’s event bets, with prediction markets booming over the past year. According to a report from Bloomberg on Wednesday, executives from both Clear Street and Marex Group Plc confirmed that their firms expect to open … Read more
Two of the US’s most influential financial regulators have agreed to better coordinate oversight of the financial markets, seeking to put an end to decades of “regulatory turf wars” between them. According to the memorandum of understanding written on Wednesday, the US Securities and Exchange Commission and US Commodity Futures Trading Commission said it has … Read more