Category: News

Stablecoins, Tokenizaton Are Capturing Advisor Attention: Bitwise

boss

Advisers to some of the largest financial institutions are taking more of an interest in stablecoins and tokenization than in Bitcoin, which could help pull crypto out of its current slump, said Bitwise investment chief Matt Hougan. Hougan said in a note on Wednesday that he recently spoke with more than 40 advisers who were “still interested in crypto” but are “more interested today in stablecoins and tokenization than they are in Bitcoin.” “It was pretty hard to engage with advisors on Bitcoin this week,” he said. “In call after…

Congress Proposes DOJ Task Force for Crypto Theft Probes

boss

US lawmakers have introduced legislation that would create a Department of Justice-led task force to coordinate investigations into cryptocurrency theft, scams and other digital asset-related crimes across federal, state and local law enforcement agencies. Under the proposal, the Justice Department would serve as the primary federal coordinator for cryptocurrency theft investigations, bringing together agencies including the FBI, Homeland Security Investigations and Treasury Department’s Financial Crimes Enforcement Network. The bill introduced by Republican Representative Lance Gooden and his Democratic House colleague Josh Gottheimer directs the task force to develop best practices…

Ripple and Bitso Bring MXNB Stablecoin to XRP Ledger

boss

Bitso is expanding its payments partnership with Ripple by bringing its Mexican peso-backed MXNB stablecoin onto the XRP Ledger, where it will be used alongside Ripple USD (RLUSD) to support enterprise cross-border settlement between the United States and Mexico. Mexico City-based Bitso said it will issue MXNB on the XRP Ledger where it will be integrated into Ripple’s Payments on DEX infrastructure and paired with RLUSD stablecoin for dollar- and peso-denominated settlement of enterprise payments. Money transfers between the US and Mexico comprise the single largest remittance corridor in the…

Archax Unveils Real-Time Cash Flows for Tokenized Securities on Hedera

boss

Archax has introduced real-time yield payments on Hedera, enabling interest generated by tokenized securities to be distributed continuously in USDC. The system allows interest payments to update automatically as tokenized securities move between wallets. According to Archax, cash flows are transferred alongside the underlying asset, allowing yield to follow ownership in real time. Most tokenized securities continue to distribute interest through periodic payments, similar to traditional financial products. Archax said its system allows cash flows to accrue and settle continuously, supporting applications such as real-time coupon payments and revenue-sharing arrangements.…

Researcher Jailbreaks Claude Fable 5 Within 48 Hours of Launch

boss

An artificial intelligence and cybersecurity researcher claims to have jailbroken Anthropic’s latest AI model, Claude Fable 5, within just 48 hours of it being launched.  “Pliny the Liberator,” a well-known figure in the AI community, said on Wednesday he “liberated” Fable 5, launched on Tuesday as a safety-tuned version of the more powerful Mythos model that Anthropic said was too dangerous to release widely. He used various techniques, including a jailbroken version of Opus 4.8, to bypass the built-in safeguards that Anthropic installed on the model to prevent users from…

Bitcoin Bottom Not Here Yet? This Indicator Remains In Transition Phase

boss

On-chain data shows the Bitcoin PnL Index is currently in a transition phase that has historically led into bottoms, but not immediately. Bitcoin PnL Index Has Been Going Down Recently In a new post on X, community analyst Maartunn has talked the latest trend in the Bitcoin PnL Index, which combines the data of a few key on-chain metrics into one to produce a single valuation indicator for BTC. The metrics include the MVRV Ratio, NUPL, and LTH/STH SOPR. The former two deal with unrealized investor gains/losses while the last…

Jim Cramer calls Bitcoin bad money as tech stocks drain liquidity

boss

CNBC host Jim Cramer has called Bitcoin and gold “bad money” as investors move capital toward high-growth technology names and private market opportunities. Summary Jim Cramer called Bitcoin and gold bad money as investors chase SpaceX, Apple and Nvidia. His latest Bitcoin comments follow criticism of Michael Saylor and Strategy’s rare 32 BTC sale. Analysts linked the June crash to Fed policy, Iran tensions, ETF outflows and excessive leverage. His comment came during a difficult month for Bitcoin. The asset recently fell near the $60,000 area before recovering to trade…

200,000 Human Neurons Learned to Play Doom, Pointing to Low-Power Biological Computing – Bitcoin News

boss

Key Takeaways Cortical Labs trained 200,000 neurons on CL1 to play Doom, advancing biocomputing. Brett Kagan says 20-watt brain efficiency could challenge AI power demands next. CL1 cultures last about 6 months; FDA and NIH oversight may shape future uses. Inside a Melbourne lab, a dish of 200,000 human neurons learned to strafe and shoot in Doom, coached through a silicon interface. Cortical Labs’ CL1 chip translated the game’s world into electrical patterns and read back spikes as movement and fire, pushing the culture dish from Pong reflexes to 3D…

Canadian Teen Scams $13M, Splurges on Lambos, BMWs

boss

A Canadian teen stole more than $13 million in crypto through social engineering scams to pay for an “exotic lifestyle” in Miami and Los Angeles, including buying luxury cars, jewelry and taking private jet trips, US prosecutors say. In May, US prosecutors charged then-19-year-old Trenton Richard Johnston for a scheme in which he and co-conspirators impersonated Google, Trezor and other crypto firm employees to gain access to victims’ crypto. On Tuesday, Johnston, now 20, pleaded guilty to conspiracy to commit money laundering, avoiding further charges that could have resulted in…

XRP Price Troubles Aren’t Over Yet As Downside Risks Mount

boss

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…