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View More NewsIn brief TAO has fallen more than 18% in the last 24 hours amid a spat between the network’s founder and a leading ecosystem contributor. The subnet operator, Covenant AI, is leaving BitTensor after alleging centralized control by the project’s founder, Jacob Steeves. Steeves denied the claims, but the market reacted negatively regardless. Tensions between the founder of BitTensor and a prominent firm building on the decentralized AI network have helped put TAO, the native BitTensor token, into a spiral, falling 18.5% in the last 24 hours amid the public drama. The plunge comes as Covenant AI, one of the best-known…
Hours after the Supreme Court rejected President Donald Trump’s “emergency” tariffs on February 20, he revealed a backup plan. Instead of relying on the International Emergency Economic Powers Act (IEEPA), which the justices held does not authorize import taxes at all, Trump invoked Section 122 of the Trade Act of 1974, which allows tariffs in response to “fundamental international payments problems” caused by “serious United States balance-of-payments deficits.” The main issue raised by that new legal rationale is whether Trump is right in asserting that the United States faces such a situation. On Friday, the U.S. Court of International Trade…
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TAO drops 30% from its weekly high, confirming fractal setups that projected deeper downside targets for the token in the past. Read the full…
The crypto market held steady on Friday, with bitcoin BTC$72,058.73 trading little changed at $71,700 and ether (ETH) at $2,180, extending the low-volatility price…
Decentralized finance (DeFi) platform World Liberty Financial said Friday it plans to put forward next week a governance proposal that would set a phased…
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Bittensor subnet developer Covenant AI said Friday that it is leaving the decentralized artificial intelligence network, accusing Bittensor of operating under a concentrated governance…
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