SpaceX Listed Grok’s ‘Spicy’ Mode as a Risk in Its IPO Filing

SpaceX warned investors that AI features such as Grok’s “Spicy” and “Unhinged” modes, which allow the chatbot to generate raunchy image or voice responses with fewer safety filters, could expose the company to regulatory scrutiny and reputational damages, according to a filing submitted Wednesday as part of the company’s planned initial public offering. As of…

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Italy Traces €1 Million in Undeclared Bitcoin Ordinals Gains

Key Takeaways Investigators linked Ordinals trading to more than €1 million in undeclared crypto-related gains. Exchange identity records helped connect pseudonymous wallet activity to verified individuals. The case highlighted how authorities can trace emerging bitcoin-based assets tied to undeclared taxable income. Italian Crypto Tax Investigation Focused on Ordinals Trading Italian financial investigators traced more than…

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Bitcoin quantum risk hits 1.92M BTC says Glassnode

Bitcoin quantum exposure covers 1.92 million BTC, or 9.6% of total supply, Glassnode warned in a new report. Summary Glassnode classified 1.92 million BTC as structurally exposed to a quantum breakthrough because their output types reveal public keys by design. Satoshi Nakamoto’s coins represent about 1.1 million BTC of the structural risk, with another 620,000…

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Crypto Bank Charter Battle Grows as OCC Clears Coinbase, Ripple, Bitgo and Others

Key Takeaways Senator Warren’s scrutiny over OCC trust charters intensified as crypto custody regulation drew broader attention. Crypto custody protections remained central as Belshe said client assets stay segregated from lending activity. Belshe argued that trust banks and fractional reserve banks should be classified under clearer terminology. OCC Charter Fight Puts Digital Asset Custody Under…

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