Last month, WIRED reported that the investment banking arm of Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, was exploring creating a financial product for clients to bet on whether President Donald Trump’s signature tariffs would be struck down in court. In response to WIRED’s reporting, Democratic…
Bitcoin experienced sharp volatility, dropping to $117,719 before recovering above $118,000, following a surprisingly hot U.S. inflation report. Bitcoin Tumbles Then Rebounds The U.S. Producer Price Index (PPI), a key inflation indicator measuring wholesale goods prices, surged 0.9% for the month, significantly exceeding the forecasted 0.2% increase. This marked a sharp acceleration from the prior…
It sure is hard being a crypto billionaire and keeping all the press out of your wallet! Just ask Justin Sun as he sues Bloomberg to keep them from disclosing sensitive information about his crypto holdings. Sun filed a lawsuit on 11 August 2025 in the US District Court for the District of Delaware, claiming…
Instagram is working on a feature called “Picks” that aims to help users find common interests. The Meta-owned social network confirmed to TechCrunch that Picks is an internal prototype and isn’t being tested externally. The feature was first spotted by reverse engineer Alessandro Paluzzi, who often finds unreleased features while they’re still under development. According to…
Most people dismiss Bitcoin two or three times before they get it. Mike Belshe, CEO and co-founder of BitGo, was no different. The computer scientist and inventor of HTTP/2.0 and one of the first ten engineers on Google Chrome initially thought Bitcoin was “probably a scam.” That was before he tried to hack it. “I…
PI’s price has seen a slight rebound recently, coinciding with new updates from the project behind the token. In this article, we’ll cover the most noteworthy developments as of late. Recent Ecosystem Updates Pi News – an X account disclosing developments related to the controversial cryptocurrency project Pi Network – recently revealed that TransFi has…
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Bitcoin’s (BTC) history contains only one moment when a single mining pool undeniably crossed the dreaded 50% line. That fleeting majority, reached by GHash.io in June 2014, triggered panic posts on Bitcointalk,…
SAVE $100: As of Aug. 14, the Anker Solix C300 portable power station is on sale for $149.99 at Amazon. This is 40% off its list price of $249.99, allowing you to save $100. The weather is still perfect for an outdoor adventure, and if you’re looking to get in a little camping trip before…
The paper, issued by BIS economists, proposes using blockchain as a transaction history to overcome the limitations faced by current AML measures when dealing with decentralized assets, such as cryptocurrencies and stablecoins, in order to protect off-ramping institutions. BIS Bulletin Proposes Using Blockchain History to Build Crypto AML Score The expansion of cryptocurrency and stablecoins…
