News

Derivatives · 1 month ago Pi Network Struggles to Rally Despite Broader Crypto Market Gains Pi Network's price hovers around $0.09 as it faces resistance and weak trading interest, despite a broader cryptocurrency market rally.

Spot & ETFs · 1 month ago BlackRock Analyzes Bitcoin's Recent Decline Amidst ETF Outflows and Market Dynamics BlackRock attributes Bitcoin's recent price drop to speculative positioning and significant ETF outflows, while highlighting its long-term value as a portfolio diversifier.

Companies · 1 month ago Callosum Technologies Secures $100M Seed Funding for AI Workload Optimization Callosum Technologies has raised over $110 million to develop software that optimizes AI workloads by dynamically routing tasks to the best chip combinations.

Spot & ETFs · 1 month ago Ethereum ETFs Attract $189 Million in Inflows Amid Market Rally Ethereum exchange-traded funds experienced a significant inflow of $189.15 million on August 19, marking the largest single-day intake in ten months during a broader market rally.

Mining · 1 month ago Bitdeer Secures $400M AI Cloud Deal in Malaysia Amid Strategic Shift Bitdeer Technologies has signed a five-year, $400 million offtake agreement for its AI cloud data center in Malaysia, marking a significant shift from Bitcoin mining to AI infrastructure.

Companies · 1 month ago Microsoft's Azure AI Gains Major Clients Including TikTok and Adobe Microsoft's Azure OpenAI service has attracted significant clients like TikTok, Adobe, and Perplexity, driving the business towards a $10 billion annual run rate.

Markets · 1 month ago KuCoin Achieves ISO/IEC 42001 Certification for AI Management System KuCoin has secured ISO/IEC 42001:2023 certification for its AI management system, enhancing its governance framework as AI use grows in the crypto sector.

Layer-2 · 1 month ago Qatar Mediates US-Iran Relations to Reopen Strait of Hormuz Amid Regional Tensions Qatar is mediating between the US and Iran to ease tensions and restore maritime traffic in the Strait of Hormuz, a vital shipping route disrupted by ongoing conflicts.

Regulation · 1 month ago Ant Group Reports 91% Profit Decline Amid AI Investment Surge Ant Group's quarterly profit plummeted by 91% year-over-year as the company invests heavily in AI technologies, reflecting the financial strain of its ambitious projects.

Markets · 1 month ago Chinese AI Models Challenge US Competitors with Cost-Effective Solutions Recent tests show that Chinese AI models are increasingly competitive with U.S. counterparts, particularly in cost and performance, posing a challenge to companies like Anthropic.

Compliance · 1 month ago UK and Turkey Heighten Diplomatic Tensions Over Israel's Settlement Activities The UK has condemned Israel's E1 settlement project and summoned its envoy, while Turkey calls for international action against Israel, escalating diplomatic tensions.

Hacks & Exploits · 1 month ago Virginia Woman Loses $77,000 to Scammers Posing as Amazon and FTC Employees An elderly woman in Virginia was defrauded of $77,000 by scammers impersonating Amazon and FTC officials, highlighting the vulnerability of seniors to such schemes.

Stablecoins · 1 month ago BYDFi Participates as Gold Sponsor at Coinfest Asia 2026 in Bali Global crypto exchange BYDFi is a Gold Sponsor at Coinfest Asia 2026, connecting with industry leaders and traders in Bali on August 20-21.

Macro · 1 month ago Russia Launches Large-Scale Missile Attack on Kyiv, Causing Significant Damage A recent missile strike by Russia on Kyiv has resulted in substantial damage to a children's hospital and residential areas, marking a significant escalation in the ongoing conflict with Ukraine.

Macro · 1 month ago US National Debt Exceeds $40 Trillion: Implications for Bitcoin and Economic Stability The US national debt has surpassed $40 trillion, raising concerns about economic stability and potential impacts on Bitcoin demand as traders seek alternative assets.

Macro · 1 month ago Bitcoin Surges Toward $70,000 as US Treasury Doubles Long-Dated Debt Buybacks Bitcoin's price jumped from approximately $64,100 to nearly $70,000 following the US Treasury's announcement to increase its buybacks of long-dated government debt, impacting market yields.

Companies · 1 month ago OKX Limits AI Model Access for Hong Kong Employees Following Account Suspension OKX has restricted its Hong Kong employees from using Anthropic's Claude AI after a brief suspension of its corporate account, redirecting them to other AI models.

Derivatives · 1 month ago CFTC Seeks Public Input on AI Computing Power Derivatives Market The CFTC is inviting public comments on proposed derivatives markets linked to AI computing power, aiming to establish a regulatory framework for this emerging sector.

Derivatives · 1 month ago Over $2 Billion in Crypto Short Liquidations as Market Rebounds The crypto market experienced a significant short liquidation event, with over $2.16 billion wiped out in just 24 hours, primarily driven by Bitcoin's surge.

Custody · 1 month ago Bitcoin.com Integrates UAE's First Central Bank-Registered Stablecoin USDU Bitcoin.com has announced the integration of USDU, the UAE's first central bank-registered stablecoin, into its wallet, allowing users to hold and transact with the token on Ethereum.