Tether sued over alleged unlawful $42.4M USDT freeze
Two Thai businessmen sued Tether on Aug. 31 in the U.S. District Court for the Southern District of New York, challenging the issuer’s authority to freeze approximately 42.4 million USDT before authorities secured a seizure warrant. Summary Tether faces a New York lawsuit over 42.4 million USDT frozen after an HSI request. Plaintiffs allege no…
Introducing the new Bluetti Elite 100 mini power station: Prices start at $429
Table of Contents Table of Contents Table of ContentsHighlights of the Bluetti Elite 100 miniHow to buy the Bluetti Elite 100 mini As tech does, almost every new model builds improvements to the previous iteration. While that’s not an absolute truth, Bluetti is out to make portable power stations have more capacity, weigh less, and…
US Operation Economic Outcast Targets Global Financial Lifelines
Key Takeaways Bessent says the Treasury plans to sanction another bank this week. Banque Misr UAE shows how FinCEN can target indirect access. Digital assets expand the campaign beyond conventional banking. How Treasury Uses Dollar Access as Leverage Operation Economic Outcast is preparing to expand its pressure on foreign financial institutions. Bessent told the Associated…
Solana’s 7% Pullback Isn’t Slowing Demand: Here’s the $150 Setup
Solana was trading near $102 on Tuesday, down more than 7% from its recent seven-month high of nearly $110. The recent price weakness has not stopped signs of stronger demand from building across the network. According to Ali Martinez, Solana recorded an average of 9.5 million new addresses per day over the past week, a…
Bitcoin Falls to $78.4K as Fed’s Warsh Downplays Soft Inflation Data
Bitcoin slipped to around $78,400 after Federal Reserve Chair Kevin Warsh played down recent softer inflation readings, pushing investors to reconsider expectations for U.S. monetary policy. Bitcoin was trading at about $77,765 on Aug. 31, down roughly 0.6% over the past week. The cryptocurrency has pulled back from a recent high of $81,455 after Warsh’s…
OpenAI Is About to Release Its First AI Model With ‘Critical’ Cyber Abilities
OpenAI announced Tuesday that its forthcoming AI model, Astra, is its first to reach the company’s threshold for what it calls “critical” cyber capabilities. OpenAI says it plans to publicly release a version of Astra “soon,” but will make the model’s advanced cyber capabilities available only to select partners in its Daybreak Blue early-access program…
[Op-Ed] Ann Cuisia: Who Is Afraid of the CADENA Act?
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Eight months after the Senate acted, the bill that would let Filipinos follow their own money is still waiting in the House By Ann Cuisia (originally published on the author’s website) Commentary | Status updated…
X probes password-reset email wave, finds no breach
X has begun investigating a wave of unsolicited password-reset emails and confirmation codes, although its initial review has found no evidence that the platform’s systems were breached. Summary X users reported receiving password-reset messages they had not requested. The company has found no evidence of a breach during its initial investigation. X advised users to…
Larry Page’s flying car company Pivotal loses its CEO
The CEO of a flying car company backed by Larry Page has left the company. Ken Karklin, who was Pivotal’s CEO for more than four years, left the role this week, according to a press release. Pivotal said Karklin is “pursuing new endeavors” but didn’t offer any other information about the executive’s departure from the…
How the Ripple-Settlemint Deal Could Change Institutional Crypto – Bitcoin News
Key Takeaways Ripple Custody and Settlemint’s digital asset platform will operate as one solution. Financial institutions could replace several disconnected providers. The companies have started offering the integration in Asia. Ripple and Settlemint Combine Custody With Tokenization Ripple and Settlemint, a blockchain technology company specializing in digital asset lifecycle management, formed a strategic partnership to…
