**Coinbase Wins: Appeals Court Orders SEC to Explain Its Refusal** The Third Circuit has forced the SEC’s hand. Coinbase petitioned for review after the agency ignored its formal request to clarify how existing securities laws apply to crypto. The court ruled that the Commission cannot simply sit on its hands when a major exchange demands…
AI Agents Made 138 Million Crypto Payments in a Year. Most Were Tiny AI agents made 138 million cryptocurrency payments over a one-year period, according to the information provided. Most of those transactions were for very small amounts, pointing to a pattern of frequent, low-value payments rather than large transfers. The figures highlight one potential…
Judge Shuts Down Bilzerian’s 34-Year Bid to Erase SEC Ban A federal judge in Washington just slammed the door on one of the SEC’s oldest adversaries. Paul Bilzerian, the 1980s corporate raider who has spent three decades fighting a permanent trading ban, lost his latest attempt to wipe the injunction off the books. The ruling…
Google Says AI Isn’t Building Itself Yet—Even Though It Writes 75% of the Code Google says artificial intelligence is not yet capable of building itself autonomously, despite AI systems now writing approximately 75% of the company’s code. The distinction highlights the difference between generating software and independently developing an entire AI system. AI tools may…
Court Rules Crypto Platforms Must Face State-Law Claims Fifth Circuit just handed crypto plaintiffs a bigger hammer. In a consolidated appeal, the court let state-law fraud and consumer-protection suits against a digital-asset exchange proceed, even though the platform argued federal securities law should preempt everything. The decision signals that judges will not automatically let crypto…
Bitcoin Bounces, But Where Does It Go Next? Here’s What the Charts Say Bitcoin has bounced, but the available information does not specify the size or timing of the move. It also provides no chart levels, technical indicators, or market context to clarify whether the rebound represents a broader trend change or a temporary recovery….
Ethereum ETFs Lose $320 Million In A Week As Bitcoin Outflows Slow US spot Ethereum exchange-traded funds (ETFs) posted a sharp weekly reversal, losing $320.1 million in net outflows, as redemptions from spot Bitcoin ETFs slowed and left Ethereum products with the larger weekly withdrawals. Data from Farside Investors shows the Ether ETFs’ losses for…
Chinese Startup StepFun Launches a Phone Built Around an AI Agent, Not Apps Chinese startup StepFun has launched a smartphone designed around an artificial intelligence agent rather than the traditional app-based interface. The approach places the AI agent at the center of the user experience, shifting the focus from opening individual applications to interacting with…
Judge Slams SEC, Hands Crypto a Win The U.S. Supreme Court just narrowed the SEC’s power to label digital assets as unregistered securities, handing crypto markets a clear legal victory. The 6–3 ruling rejects the agency’s broad “investment contract” theory and forces regulators to prove that tokens themselves—not just surrounding promises—carry the hallmarks of a…
At the White House, crypto policy vacancy looms large A vacancy in the White House’s crypto policy apparatus is drawing attention to the administration’s approach to digital-asset regulation and oversight. The available information does not identify the position, explain when it became vacant or name a potential replacement. Those details will be important for determining…
Court Slams CFTC Over Unchecked Enforcement Power The D.C. Circuit just clipped the Commodity Futures Trading Commission’s wings in a ruling that could redraw the lines between crypto trading and federal oversight. Trevor Kitchen walked away with a reversal of a $2 million penalty, and the court made it clear the agency cannot punish traders…
Hunter Biden Laptop Controversy Reborn as LAPTOP Memecoin A new memecoin called LAPTOP is turning Hunter Biden’s laptop controversy into a speculative crypto asset. The project admits the token has no utility, while promising to lock founder tokens for six months and allocate 2% of the supply to wallets that lost money on TRUMP. The…
Live updates: Bitcoin dips to $81,000 as stocks slide, VIX soars ahead of Black Monday anniversary Bitcoin fell to $81,000 as stocks moved lower and the Cboe Volatility Index, known as the VIX, surged ahead of the anniversary of the 1987 Black Monday market crash. The concurrent declines across crypto and equities highlight a broader…
Hackers Demonstrate Reboot-Persistent iPhone 18 Pro Jailbreak at Hexacon Security researchers from Calif.io demonstrated an untethered jailbreak of an iPhone 18 Pro running iOS 27.0.1 during a live presentation at the Hexacon offensive security conference in Paris on October 16. In the demo, the team showed that the device could be modified to gain root-level…
Consensys Splits MetaMask From Institutional Blockchain Business Consensys plans to separate MetaMask’s consumer wallet operation from its Ethereum protocol and institutional infrastructure businesses. The move could give each division a clearer strategy as crypto matures beyond retail speculation and into larger financial markets. The restructuring divides Consensys into two distinct focuses: MetaMask, aimed at everyday…
Banks could slow stablecoin growth by paying savers more, BIS paper finds Banks may be able to slow the growth of stablecoins by offering savers more attractive returns on traditional deposits, according to a paper from the Bank for International Settlements (BIS). The finding points to the role that bank deposit rates can play in…
DoubleZero Brings Kalshi Election Data to Automated Traders DoubleZero is expanding access to Kalshi’s political prediction markets, giving institutional and automated traders real-time election data ahead of the U.S. midterms. The move could deepen liquidity and turn political probabilities into a more widely used market signal. The development comes as election betting activity continues to…
PsyopAnime jumps 30x as Monero hits a fresh all-time high, while Sharplink CEO points to institutions returning to BTC and ETH Crypto markets were broadly higher as several high-beta tokens posted outsized moves, led by a 30x surge in the PsyopAnime meme token and a fresh all-time high for privacy coin Monero (XMR). The moves…
Court Slams Brakes on SEC’s Enforcement Overreach in Crypto The Fifth Circuit just handed the SEC a sharp reminder that it cannot stretch its power beyond what Congress granted. In a ruling that could reshape how digital assets are policed, the court narrowed the agency’s reach and signaled that its aggressive tactics against crypto firms…
AI Agents Made 138 Million Crypto Payments in a Year. Most Were Tiny Crypto payments made by AI agents have climbed sharply over the past year, with activity concentrated in small-dollar transactions tied to AI services, according to findings highlighted by Chainalysis. The data focuses on payments routed through Coinbase’s x402 protocol, a system used…
