White House accuses Moonshot AI of distilling Anthropic tech for K3

US officials warn that Chinese firms conducting covert, industrial-scale AI distillation could face sanctions and export…

SEC settles Coinbase suit over ‘text messages that disappeared’

The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of…

AFX Protocol reportedly loses $24M in bridge exploit

Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge…

S&P launches blockchain fundamentals index for digital assets

The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto…

Crypto PAC pours $1M into Michigan Democratic primary race

Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my…

US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules

According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to…

Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches

Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next…

SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws

The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger…

Digital Chamber sues Illinois officials over new state 0.2% crypto tax

The group alleged that the tax signed into law in June “discriminates against people who transact…

BitGo, OTC Markets plan tokenized securities access for broker-dealers

The proposed alliance would enable more than 150 broker-dealers to trade and settle digital asset securities…

Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon

Bitcoin and US stocks stayed strong in the face of US-Iran escalation as analysis predicted BTC…

The digital euro: Surveillance money, or a better alternative to cash?

Proponents of the digital euro say its a better alternative to cash that’s fully backed by…