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View More NewsBinance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging they diverted more than 470,000 users from Binance Card in breach of their commercial agreement.The plaintiffs seek nearly $473 million in damages, alleging the conduct contributed to RedotPay’s valuation as it considers a potential initial public offering, Bloomberg reported Wednesday, citing a Hong Kong court filing it obtained.According to the report, Binance Holdings affiliates Nest Trading, DistributedTechnologies and Chaintecs Consulting Singapore filed the petition against RedotPay co-founders Gao Zhangpeng, Chan Wa Choi and Yao Chao.Binance alleges RedotPay allowed users to fund RedotPay stablecoin payment cards with…
BitMEX co-founder Arthur Hayes said the debt-fueled artificial intelligence infrastructure boom could end in a 2008-style credit crisis and predicted the resulting government liquidity response could drive Bitcoin (BTC) to $1 million or higher. In a Tuesday blog post, Hayes said investors have mistakenly treated spending on data centers and power infrastructure as high-growth technology investment rather than leveraged real estate. He said he expects lenders to finance excessive construction before a slowdown in AI capital expenditure exposes weaker borrowers. The thesis connects the trillion-dollar expansion of AI infrastructure to a potential new source of crypto-market liquidity. However, Hayes’ predicted crisis, government…
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Editor’s note: the following essay discusses Lars von Trier’s film Breaking the Waves in detail and contains spoilers throughout. Tolling for the deaf and blind, tolling for the mute,For the mistreated, mateless mother, the mistitled prostitute.~Bob Dylan I.It has been thirty years since the release of Breaking the Waves, Danish director Lars von Trier’s film about the self-annihilation of a deeply religious but mentally damaged Scottish girl who loves not wisely but too well. Although hardly popcorn fare, and vehemently criticised by some feminists for creating a heroine defined by passivity and suffering, the film was an arthouse hit, grossing…
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In brief OpenAI published a detailed rebuttal to Apple’s trade secrets lawsuit. The company says Apple misstated key facts before filing suit and released…
The crypto industry’s central policy drive is to get U.S. laws that elevate it to a fully regulated and government-approved corner of the financial…
Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including paying some withheld amounts…
In brief Bitcoin bridge Boltz has suspended its Bitcoin swap service indefinitely. The company says AI-assisted attacks are outpacing its ability to patch vulnerabilities.…
In brief George Hotz, the hacker behind the first iPhone jailbreak and PlayStation 3 crack, published a blog post Sunday calling AI coding agent…
Crypto prices were slightly higher on Monday amid rising odds in prediction markets for a near-term U.S.-Iran peace deal, as Iranian negotiators arrived in…
Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this…
In brief Tether is working alongside the Government and Central Bank of Georgia to launch GELT, an official stablecoin pegged to the Georgian Lari.…
NEAR Protocol’s token climbed 15% over the past 24 hours to $2.8, extending a month-long rally that has seen the price of NEAR double…
Dubai, UAE | May 2026 – The agent economy is reshaping financial markets. Open-source agent frameworks are accelerating autonomous financial activity, with AI agents…
In brief Bumblebee is a free, open-source tool that checks developer computers for compromised software, browser extensions, and AI connector configs—without running the infected…
New York, May 25, 2026—The Committee to Protect Journalists condemns the continued judicial harassment of lawyer and media commentator Sonia Dahmani, amid escalating attacks…