A federal judge on Thursday barred the Trump administration from designating Anthropic a national security risk over a dispute about the use of its AI models, ruling that the designation amounted to unconstitutional retaliation. The decision handed down by US district judge Rita Lin in California vacated the February 27 decision by defense secretary Pete…
Key Takeaways U.K. plans a second Bank of England objective to support stablecoins and digital payments. Bank of England’s new remit could speed tokenized finance while keeping stability. House of Lords debates the change Sept. 7 and 9, shaping the U.K.’s next stablecoin rules. Lucy Rigby Backs New Bank of England Mandate for Digital Finance…
Mark your calendars: on Thursday night, September 10, StrictlyVC — TechCrunch’s boutique evening series — is heading to New York’s West Village (the real one — brownstones, cobblestones, and all — not the Mission Bay stretch of San Francisco that’s earned the nickname “Vest Village” for all the Patagonia-clad VCs roaming around). It’s our first…
Aave V4 deposits have reached a record $806 million after climbing 30% over seven days, while active loans have increased to $206 million. Summary Aave V4 deposits rose above $800 million within six days of crossing $600 million. Ethereum Core leads the six listed markets with $378 million in deposits. Active EtherFi loans reached $62…
Bill Gates has spent decades betting on technology to change the world. Now, he argues that AI should not be allowed to replace people in certain jobs, even when it can. In an essay published Aug. 26 titled “The turbulent AI era is here. The choices we make now are critical,” Gates warns that the…
Key Takeaways New Zealand’s ACT party proposed tax-free crypto gains after a year to boost long-term retail investments. The proposal exempts small crypto purchases from taxes, aiming to make digital assets a daily currency. The plan includes clear stablecoin rules and a regulatory sandbox to foster local financial innovation. ACT Proposes New Rule For Digital…
The ruling adds to Bithumb’s effort to recover funds after a February error gave hundreds of accounts vastly overstated Bitcoin balances. A bizarre error that mistakenly credited Bithumb customers with roughly 620,000 BTC is now producing victories for the South Korean exchange in court. The Seoul Central District Court has ordered one customer to…
Finally, a real, authorized look at the most anticipated game of the year, Grand Theft Auto VI! After more than a decade since its predecessor was released, years of wild speculation, postponed release dates, and a leaker posting over a dozen leaked clips, Rockstar Games teamed up with Netflix to provide fans with an official…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The threat of a nationwide Facebook ban in the Philippines is off the table. Following days of escalating tensions over platform moderation delays during a violent crisis, Philippine regulators and Meta executives have agreed to…
Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Summary An initial preferred securities offering would seek $12.5 million from income-focused investors. Proceeds would be divided among Bitcoin, AI investments, and an…
