Two of the United States’ financial regulators, headed by Trump-appointed chiefs, are planning to write cryptocurrency rules on their own while the CLARITY Act remains stuck in the Senate.  Lawmakers have only about 14 working days after they return from recess to pass the CLARITY Act before the October election break.   What are the proposed...

Justin Sun, the founder of TRON and owner of the HTX exchange, has dismissed a wave of reports that exchange wallets had been spraying small crypto transfers at unrelated addresses. Sun said that the claims were fabricated, writing in Chinese on X on August 18, which, when translated to English, reads, “The investigation is clear:...

OpenAI has started rolling out a version of ChatGPT built specifically for Teens aged 13 to 17. The rollout comes after OpenAI has been dragged through the courts over lawsuits tying ChatGPT conversations to teen suicides. How will the teen ChatGPT work? OpenAI is rolling out a new version of its flagship chatbot, ChatGPT, which...

Hyperliquid (HYPE) retains a broad bullish outlook, trading above $59.00 on Tuesday. The decentralized exchange (DEX) native token marks the second consecutive day of gains as bulls return, eyeing a short-term breakout above $60.00.

Superplanet (Nasdaq: SLE) opened trading hot on Tuesday, August 18, after Metaplanet revealed its plan to take over roughly 95.7% stake in Super League Enterprise’s (Nasdaq: SLE) business in exchange for 2,100 Bitcoin and $2.5 million in cash. The deal closed with the Nasdaq-listed gaming firm getting a rebrand as a US Bitcoin treasury company,...

Crypto companies raised $1.36B across 41 VC rounds in July. Investment fell only 6.8% from June, but round count dropped 28%, and one $400M strategic round supplied almost a third of the total. Key Takeaways Introduction Headline investment was resilient, but market breadth weakened. Crypto companies raised $1.36B in venture capital, only $100M less than...

Etched is already eyeing a fresh funding round that will more than double the AI inference chips startup’s valuation at around $21 billion, barely one month after its late July Sequoia-led $300 million Series C round that valued the firm at $10.3 billion.  The new numbers cited in the Wall Street Journal’s August 18 report...

Baidu (NASDAQ: BIDU) missed Wall Street’s second-quarter revenue estimate on Tuesday, August 18, reporting 31.3 billion yuan ($4.62 billion) for the three months to June, which is a 4% drop from a year earlier. Analysts at LSEG had expected about 31.96 billion yuan, and Baidu came in under that mark.  The company recorded a quarterly...

South Korean regulators approved Ripple’s integration with the country’s banking system on the same day a media watchdog voted to cut off access to the prediction market Polymarket.  South Korean regulators have joined a widening crackdown against Polymarket while approving Ripple’s partnership with Jeonbuk Bank.  Jeonbuk Bank is Ripple’s first regional lender in Korea Ripple...

South Korea’s AI and robotics push came to the fore again after LG Electronics hosted Nvidia senior director Madison Huang during a Tuesday trip to its robot data factory in southern Seoul.  The younger Huang’s visit to the Yangjae campus in Seocho District came after her father, Jensen Huang, who is also Nvidia’s chief executive...

Circle revealed that its euro stablecoin (EURC) has now crossed the mark of €400 million in circulation within around four years since it was launched. Although this amount is still insignificant compared to the dollar stablecoins, this gap is part of the overall picture. Establishing a serious payment rail that doesn’t rely on the dollar...

Cryptocurrency prices are broadly correcting on Tuesday, with Bitcoin (BTC) edging lower toward $64,000. Ethereum (ETH) shows weakness amid ongoing narrow-range consolidation, while Ripple (XRP) trades below $1.00, weighed down by falling technical indicators.

Wallets linked to HTX have sent out USDT to multiple addresses, and some owners have already reported having their account frozen due to the recent ban on HTX interactions. The spam attack is also considered a compliance poisoning attack, turning legitimate users into targets for account freezes.

Uniswap founder Hayden Adams has presented his own argument for why automated market makers (AMMs) should be at the center of the tokenization wave that has taken over global finance as markets continue to shift to meet the demand for always-on infrastructure.  Hayden’s comments land as Uniswap has gone all out in its own push...

One trader used $2,328,595.73 to buy 3,167.53 QQQon in one Ethereum transaction this week, a seven-figure purchase that Ondo Finance pointed out as proof that tokenized stocks are no longer in the experimental phase. The announcement of the trade was made by Ondo on August 17, and its alerts confirmed the same number of tokens...

Bitcoin (BTC) slides slightly but holds most of the recent gains, reclaiming the 50-day Exponential Moving Average (EMA) at $64,300 at the time of writing on Tuesday after rising 2.5% the previous day.

Authorities in the United States have accused Edward Zimbardi, age 59, of orchestrating a cryptocurrency Ponzi scheme amounting to $165 million, contributing to the list of several high-profile cases of scams in the current year. According to the Office of the United States Attorney for the Northern District of Georgia, the man faced charges in...

Pi Network (PI) extends a consolidation range capped below $0.0900 on Tuesday, holding above the $0.0839 support level. PI token remains under pressure as the Core Team pushes for real user adoption by raising costs for AI-powered app creation, effective from August 24.

Real World Assets that are actively deployed inside DeFi protocols are on the verge of reaching $4 billion. As of August 18, DefiLlama shows this number is at $3.98 billion. This same number stood at $650.88 million just a year ago and around $12 million three years ago. That is a 6x in twelve months...

Chainlink (LINK) faces resistance near $9.56 on Tuesday and pauses gains after rallying over 14% last week. The cautious tone is supported by weakening derivatives metrics, suggesting bullish momentum may be losing steam.

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), are facing intense downside pressure, resulting in either a steady decline or a bearish capped tone.

Jane Street informed the US Securities and Exchange Commission that it possessed more than $990 million worth of spot BTC ETFs, which equals approximately 15,394 BTC at now existing prices. This is an important position because Jane Street is not merely another institutional investor. Indeed, it is also one of the largest market makers of...

Ripple (XRP) and Stellar (XLM) remain under pressure as broader market uncertainty and weak technical momentum weigh on both altcoins. XRP is hovering below the key $1 mark on Tuesday while XLM continues its corrective decline below $0.157.

The wallet associated with the 2022 Pando Rings oracle hack was reactivated on August 18 after two months of inactivity, as reported by blockchain tracker Onchain Lens, The hacker exchanged 3 million DAI for about 1,570 ETH, worth approximately three million dollars, through CoW Protocol. Approximately 800 ETH worth around 1.52 million are known to...

The broader cryptocurrency market shows a mild easing in the persistent risk-off sentiment, with Bitcoin (BTC) rising above $64,000. Polygon (POL) and Zcash (ZEC) have emerged as top performers over the last 24 hours, with bulls eyeing further gains.

Anthropic has quickly ramped up its sales, such that it is expected to impact the mathematics of the larger AI space. As of the end of July, its projected revenues exceeded $65 billion while investment bankers have started viewing its initial public offering as a precedent for other companies waiting for a listing to be...

Minnesota Attorney General Keith Ellison filed a brief on Friday opposing xAI’s attempt to block HF 1606, the state’s first-in-the-nation law restricting AI tools that generate sexual images of identifiable people, per Decrypt. Ellison argued the company is unlikely to succeed on its constitutional claim and has failed to show that enforcement would cause irreparable...

The US Department of the Treasury is seeking public opinion on its proposed framework for implementing key provisions of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which establishes a regulatory framework for stablecoins.

Payward, Inc., the Cheyenne-based parent of Kraken, said on Monday it has been selected to participate in Project Glasswing and is actively incorporating Claude Mythos 5 into its defensive cybersecurity work, per the company’s announcement. Anthropic launched the program in April 2026 after concluding its models could surpass all but the most skilled humans at...

IREN completed the delivery of the first of four planned “Horizon” cloud deployments of artificial intelligence to Microsoft Corporation. With that, the first milestone of a five-year, $9.7 billion contract was completed, which underpins the transition of the former Bitcoin mining company into artificial intelligence infrastructure. Horizon 1 is located at IREN’s Childress, Texas facility....