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View More NewsThe Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts. Read the full article here
Bitcoin near $63,500 looks like more summer torpor, capped below $64,000 and holding above the low-$60,000s, but the flow picture underneath has reversed, said Yusuf Fakhro, partner at ARP Digital, in a note to CoinDesk.US spot ETFs took in more than 14,000 BTC over five days into August 7, he said, the strongest stretch since May, and Q3 has drawn roughly 11,000 BTC of net inflows against 110,000 BTC of outflows in the back half of Q2. The institutional selling that defined the second quarter has flipped to buying.Spot volumes have fallen to two-and-a-half-year lows, perpetual volumes to three-year lows,…
AI & Crypto
Read MorePolitics
In April, the en banc Fifth Circuit upheld the constitutionality of Texas’s law requiring the posting of Ten Commandments in public school classrooms. For much of the past four months, I wondered whether the ACLU would take the risk of…
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The blockbuster success of Christopher Nolan’s The Odyssey has led to a massive spike in demand for Homer’s original text. At one Brooklyn book store visited by a Guardian reporter, more than a dozen different editions of the Odyssey were on prominent display. Over the last month, a staffer said, sales had multiplied “several thousand per cent.”I fear many of these new readers will come away disappointed, as the ruthless 2,800-year-old version of Odysseus whom Homer conjured is quite unlike the more modern, guilt-addled protagonist that reviewers have found in Matt Damon’s performance. As Charlotte Allen argued in this space…
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In brief Kraken parent Payward has joined Anthropic’s Project Glasswing and is using Claude Mythos 5 for cybersecurity. The company said Mythos 5 will…
Cryptocurrency broker Bits of Gold said personal data belonging to roughly 200,000 customers was stolen by hackers, the company reported.The Tel Aviv, Israel-based company…
Amid scrutiny and accusations of conflicts of interest from many lawmakers, the US Office of the Comptroller of the Currency (OCC) gave conditional approval…
In brief Polymarket is pricing in a 74% chance of no change at the next Fed meeting, and just 25% on a quarter-point hike.…
from the more-bullshit-than-the-bullshit-artists-can-handle dept As convenient as it is for cops to play along with hysterical claims made by politicians, sometimes a politician goes…
In every state and in the federal criminal justice system, when a crime victim is killed, the law allows a family member or other…
Donald Trump’s executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry…
In brief Nearly a decade after its founding and raising $100 million, Prometheum has officially executed its first crypto trades. Co-CEO Aaron Kaplan argues…
Bitcoin miners are emerging as an important part of the AI infrastructure supply chain because they control large amounts of power capacity and data…
From yesterday’s decision by Judge Hector Gonzalez (E.D.N.Y.) in Harr v. City of N.Y.: In 2003, in connection with the invasion of Iraq, the…
The research firm said bitcoin traders remain unusually defensive, reducing the risk of the kind of leverage-driven collapse seen in prior downturns. Read the…
Bitcoin (BTC) traders have shifted their focus lower after futures and order book data point to strong buyer interest in the $68,000-$70,000 zone.Sell pressure…
