Crypto news

Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%

Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%.

Bitcoin ETFs pull in $244M, 3-day inflow streak tops $626M

US-listed Bitcoin ETFs attracted $244.4 million on Wednesday, marking three consecutive inflow days for a combined $626 million.

EU watchdogs warn of impersonation scams amid MiCA licensing shakeout

Criminals are reportedly using fake websites and falsified documents to target customers searching for licensed crypto providers.

Fed’s Cook says she’d support rate hike if disinflation stalls

Federal Reserve Governor Lisa Cook said she is “prepared to act” if inflation remains too high above the Fed’s target rate.

ElizaOS token sinks 19% to record low after founder declares it ‘dead’

Eliza Labs founder Shaw Walters said the project transferred its remaining treasury to settle a tokenholder lawsuit and will continue build…

Meta latest AI firm to see model go rogue during testing

The incident reportedly stemmed from a misconfigured testing environment, adding Meta to a growing list of AI firms whose models have escap…

Block raises 2026 outlook on strong quarter, says AI touches nearly all code

Cash App and Square drove better-than-expected results, while the company said it expanded its use of AI across software engineering.

Mysten Labs tech chief joins Anthropic to work on AI security

Mysten Labs’ co-founder Sam Blackshear said he is joining Anthropic as AI shifts the balance between attackers and defenders.

Bitcoin Red Team reports 5K findings in sweeping security audit

“There’s a lot of chaos right now in the ecosystem. We absolutely understand that many people are being bombarded with security issues righ…

Block raises 2026 outlook on strong quarter, says AI touches nearly all code

Cash App and Square drove better-than-expected results, while the company said it expanded its use of AI across software engineering.

Block raises 2026 outlook on strong quarter, says AI touches nearly all code

Cash App and Square drove better-than-expected results, while the company said it expanded its use of AI across software engineering.

Senator Warren questions US AI chip policy after Trump crypto investment: Report

The lawmaker reportedly sent a letter to the Commerce Secretary demanding answers about the administration’s treatment of the UAE following…

Senator Lummis still pushing for CLARITY vote before August recess

US lawmakers have only a few days to hold a vote on a crypto market structure bill before a recess begins that could push consideration int…

Marex invests in Digital Prime to expand institutional crypto lending

The undisclosed investment will support the development of Tokenet, a digital asset lending platform, as institutional demand for crypto in…

Crypto-backed Michigan House incumbent loses primary despite $2M PAC support

A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incum…

Western Union brings stablecoin remittances to Visa network with Stablecard

The remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominat…

Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000.

Crypto whales accumulate as bear market nears late stage: CryptoQuant

Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of…