TRM Labs Doubles Valuation as Crypto Intelligence Demand Surges Blockchain intelligence firm TRM Labs has reportedly doubled its valuation to $2 billion in a Series C expansion. The company says its annual recurring revenue has quadrupled in three years, signaling that demand for crypto investigations is moving far beyond niche compliance teams. The catalyst is…
Stacks’ STX, a Bitcoin layer-2 token, has surged 50% in four weeks Stacks’ STX token has risen 50% over the past four weeks, making it one of the stronger performers among assets tied to Bitcoin’s layer-2 ecosystem. Stacks is a network built to extend Bitcoin’s functionality beyond its core role as a settlement and store-of-value…
US Bank Tests Proprietary Stablecoin Across Stellar A US bank has tested its own stablecoin in a cross-border transfer between its North American and European entities. The transaction moved USBDC across the public Stellar blockchain, signaling growing institutional interest in blockchain-based settlement. The pilot focused on sending USBDC between the bank’s internal operations in two…
Largest Philippines Crypto Exchange, Coins.ph, Said to Face Central Bank Regulatory Action Coins.ph, described as the largest cryptocurrency exchange in the Philippines, is said to be facing regulatory action from the country’s central bank. The information available does not specify the nature of the alleged action, the regulatory issues involved, or whether the central bank…
Bitcoin Slips as Iran Tensions and Yen Fears Hit Markets Bitcoin failed to reclaim the $80,000 level as escalating tensions involving Iran pressured both crypto and U.S. stocks. Fresh concern over a potential yen carry-trade unwind added another layer of risk, putting traders on alert for broader market volatility. The selloff was driven by two…
Bitcoin whale that held through the March 2020 Covid crash moves $378 million on-chain A long-dormant Bitcoin whale wallet that received its holdings just days before the March 2020 Covid-era market crash has moved a large portion of its coins, sending roughly 4,582 BTC worth about $377.6 million at the time of transfer. On Monday,…
Bitcoin whale that held through the March 2020 Covid crash moves $378 million on-chain A long-dormant Bitcoin wallet that received thousands of BTC days before the March 2020 Covid-era market crash has moved its holdings for the first time in more than four years. On Monday, wallet address 18VmXvkF4cgLi35RtMiHHDpvMjUCyVpQ9x transferred roughly 4,582 BTC, now worth…
Fifth Circuit Slams Brakes on SEC’s Crypto Crackdown The Fifth Circuit just handed the SEC a stinging loss in its long-running war against crypto exchanges. The court ruled that the agency cannot retroactively punish platforms for selling tokens that the SEC itself never bothered to classify as securities. The decision punches a hole in the…
**Texas Court Orders Crypto Firm to Face Fraud Suit** A Texas appeals court has ruled that Envy Blockchain and its principals must stand trial in El Paso County on allegations of securities fraud, breach of contract, and deceptive trade practices. The decision strips the company of its attempt to move the case to arbitration and…
Evernorth Hits Nasdaq With 473 Million XRP as XRPN Trading Begins Evernorth has brought 473 million XRP to Nasdaq as trading in XRPN begins, marking the start of the company’s presence on the U.S. stock exchange. The development connects Evernorth’s publicly traded market activity with XRP, one of the largest digital assets by market presence….
Amazon’s Purchase-History Profiling Tagged One Customer’s Body Shape Detail Amazon’s profiling of customer purchase histories identified a detail about one customer’s body shape, highlighting how commercial data can reveal sensitive personal characteristics. The incident shows that shopping activity may disclose more than a customer’s product preferences. Patterns in purchases can also be used to infer…
Morning Minute: Bitcoin Gets Spooked as ‘Uptober’ Lets Down Crypto markets started the day under pressure, with major assets in the red, altcoins posting steeper declines, and on-chain activity showing signs of capitulation. The downturn clashes with the “Uptober” narrative—a seasonal expectation that October tends to be constructive for crypto prices—which has not materialized in…
COURT HANDS COINBASE PARTIAL WIN, SEC STAYS ON ITS HEELS The Third Circuit just refused to force the SEC to answer Coinbase’s petition for crypto-specific trading rules, yet the same court made clear that the agency cannot simply brush off such demands forever. That dual signal matters because it keeps the SEC’s enforcement-heavy strategy alive…
DWF Labs Subsidiaries Sue BitGo for $141 Million Over Early Token Sales Two subsidiaries of crypto investment firm DWF Labs have sued digital-asset custodian BitGo, seeking $141 million in connection with early token sales. The dispute centers on the sales of tokens at an early stage of their market lifecycle. The subsidiaries allege that BitGo…
Court Hands SEC Lifetime Gag Order Over Bilzerian Crypto Venture The U.S. District Court for the District of Columbia just locked a 1989 securities-fraud injunction around Paul Bilzerian’s neck for good, ruling that neither he nor his family-controlled entities can ever pitch another investment scheme without first getting SEC sign-off. The decision matters because Bilzerian’s…
Here’s a Way to Predict When AI Chatbots Will Turn Bad No further details were provided about the method, research, or findings behind this claim. As a result, the timing, evidence, and broader implications of the proposed way to predict when AI chatbots may behave poorly cannot be assessed from the available information.
Fifth Circuit Slams Brakes on SEC’s Crypto Power Grab A federal appeals court just handed crypto a rare win: the SEC lost its bid to keep a major enforcement case alive in the Fifth Circuit. The decision signals that judges are increasingly skeptical of the agency’s sweeping claims of authority over digital assets and trading…
Ripple-Backed Evernorth Hits Nasdaq Holding 473 Million XRP Worth Less Than It Paid Ripple-backed Evernorth has entered the Nasdaq market with a treasury holding of 473 million XRP. The digital asset position is currently worth less than the amount the company paid to acquire it. The listing places Evernorth’s XRP holdings at the center of…
AI Will Hit 40% of Jobs, IMF Warns. Young People Are First in Line The International Monetary Fund is warning that artificial intelligence is set to reshape a large share of the global labor market, with younger and junior workers likely to feel the impact first. IMF managing director Kristalina Georgieva has described the shift…
From GTA V on iPhone to Free Photoshop: This AI Tool Is Upending Software No supporting details were provided beyond the headline. As a result, there is not enough verified information to explain which AI tool is involved, how it enables access to software such as Grand Theft Auto V or Photoshop, or what the…
