Polymarket’s vice president of engineering, Josh Stevens, clarified that the prediction market platform is not adding mandatory Know Your Customer (KYC) checks to its existing service, after a report said the company had considered user verification requirements. Stevens said in an X response that Polymarket is launching a new beta product for a select group …
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The Bank for International Settlements (BIS) released a report Wednesday on Project Agorá, an experimental prototype for cross-border wholesale payment. The BIS said the report shows how seven central banks and more than 40 regulated financial institutions can settle cross-border wholesale payments in seconds once liquidity is locked, while reducing credit and settlement risk through …
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Bitcoin (BTC) sold off into the early Asian trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across the crypto market. Key takeaways: Bitcoin price deviated 4.5% from its daily high of $76,050 on Wednesday, dropping to a six-week low of $72,620. Overleveraged crypto traders were liquidated out of …
Continue reading “Crypto liquidations hit $935M as Bitcoin price dips to $72.6K”
TLDR: DeepSeek V4’s 2-bit quantized version runs within 90 GB of VRAM, making local AI more accessible on consumer hardware. Apple hardware delivers 35 tokens per second on DeepSeek V4, while AMD trails significantly at only 7 tokens per second. Buterin says ZK-based infrastructure supports both paid remote LLM calls and private Ethereum RPC reads …
Key Takeaways U.S. strikes in Iran and IRGC retaliation in Kuwait threatened Qatar peace talks on Thursday. Bitcoin fell 3.6% to $72,622, wiping out $870 million in total long positions over 24 hours. The escalation will likely torpedo future diplomacy and embolden anti-settlement hardliners. Geopolitical Escalation Triggers Crypto Sell-off Bitcoin plunged below $73,000 early Thursday …
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This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The first installment of this Bitcoin-AI convergence series explored a foundational idea: Bitcoin mining was never just about digital currency. It was designed as …
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Key Takeaways Banca Sella secures Bank of Italy approval to launch crypto custody services in 2026. MiCA is pushing Italian banks toward regulated crypto and tokenized finance services. Banca Sella joined Qivalis as 37 EU banks prepare to expand euro stablecoin infrastructure. Bank of Italy Clears Banca Sella for Crypto Services Launch in 2026 Banca …
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Key Takeaways Porter Stansberry told Pompliano the U.S. faces a full monetary reset by 2029, driven by $40T in federal debt, $1T in annual interest payments, and Social Security’s collapse. Stansberry’s Fourth Turning thesis identifies 2029 as the climactic end of a generational crisis cycle that began in 2008. Bitcoin and gold are Stansberry’s top …
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Key Takeaways South Korean prosecutors have indicted five suspects in the country’s first-ever criminal case over a DEX rug pull. CATFI’s Solana rug pull left 256 investors with 900 million won in losses, with organizers pocketing 400 million won. The landmark case has set a precedent as to how onchain evidence can pierce decentralized platform …
Key Takeaways Falcon Finance launched fUSD with Anchorage Digital as issuer for institutional use. fUSD targets 3% annual rewards as stablecoin circulation nears $320B globally. Falcon built fUSD around the GENIUS Act as institutions seek regulated stablecoins. fUSD Offers Regulated Stablecoin With Monthly Rewards for Institutions Falcon Finance has unveiled fUSD, a stablecoin aimed at …
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The world’s largest digital asset-focused investment platform says institutional capital will initially target four blockchain networks as regulatory clarity improves. In a new report, Grayscale says expected regulatory changes, including the Clarity Act that aims to establish rules for classifying and regulating digital assets and guidance from the U.S. Securities and Exchange Commission (SEC), will …
Krispy Kreme has agreed to shell out more than a million dollars to compensate those affected by a data breach. According to the settlement administrator’s portal, the doughnut and coffeehouse chain will pay $1.6 million to end a class action lawsuit filed after its 161,676 current and former employees had their sensitive personal information exposed by …
Nearly half of the organizations onboarded into the crypto industry in 2026 are operating at alerting standards that would have made them industry leaders only a few years ago, according to Chainalysis. In a preview of a report published on Wednesday, Chainalysis said that the crypto industry’s compliance baseline around alert severity, trigger sensitivity and …
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Cryptocurrency markets have shed around $80 billion in value over the past 24 hours, with losses accelerating after the US reportedly carried out a new wave of military strikes on Iran. The US military carried out new strikes late on Wednesday targeting an Iranian military site and shooting down four Iranian attack drones, which a …
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The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the agency’s enforcement action was based on flawed allegations. Gemini settled with the CFTC and paid a $5 million fine in January 2025 in the final weeks of the Biden administration after …
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