US DOJ sentences man to 70 months in prison for role in $263M scam group
The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams. Source link
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Coinbase’s Jesse Pollak says AI agents are the next big wave for crypto payments
The rapid rise of AI agents is beginning to reshape how payments happen online, and crypto infrastructure is emerging as a natural fit, according to Coinbase’s Jesse Pollak. “What was almost impossible nine months ago is now totally possible,” Pollak said in an interview with CoinDesk, pointing to the accelerating capabilities of autonomous AI systems….
Mike Tyson, Tether CEO, Cathie Wood are among speakers at Trump’s ‘most exclusive’ crypto conference
A group of cryptocurrency executives, investors and public figures is set to speak Saturday at a private event hosted by U.S. President Donald Trump at his Mar-a-Lago club in Palm Beach, Florida. The event, billed as “the most exclusive conference in the world,” started with Bill Zanker, co-founder of TRUMP memecoin and was followed by…
Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO
A few hundred of the top $TRUMP memecoin holders were treated to some personal time with U.S. President Donald Trump and his high-profile guests on Saturday at an event at his Florida club in which Trump warned bankers against getting in the way of crypto legislation. Speaking at the private Mar-a-Lago gathering in Palm Beach,…
Crypto is built for AI agents, not humans, according to Alchemy’s CEO
The modern financial system was never designed for machines. It was built around the constraints of human life: geography, sleep cycles, paperwork, and physical presence. But as AI agents begin to act as economic participants, that human-centric design is starting to look less like a feature, and more like a bottleneck, said the co-founder of…
Why investors are flocking to BlackRock’s bitcoin options to hedge against a wild global economy
Something notable happened on Friday, indicating the accelerating institutionalization of the bitcoin BTC$77,334.49 market, which has been pioneered by everyday people for years. This is because options, or hedging instruments, linked to BlackRock’s bitcoin exchange-traded fund (ETF), IBIT, have grown slightly larger on Nasdaq than total bitcoin options trading on the offshore giant Deribit. It…
Anthropic’s new Mythos AI is exposing the hidden cracks in crypto’s foundation
Mythos, the new AI model from Anthropic that has sparked fear and confusion in traditional tech and finance, is also driving a massive shift in how the crypto industry thinks about security. For years, decentralized finance has focused its defenses on smart contracts. Code is audited, vulnerabilities are cataloged, and many common exploits are well…
Bitcoin (BTC) falls after Trump reportedly canceled Steve Witkoff and Jared Kushner’s Iran-talks trip
Bitcoin BTC$77,449.06 edged lower late morning on the U.S. East Coast after U.S. President Donald Trump’s comments signaled a halt to planned diplomatic travel tied to Iran talks. The largest cryptocurrency dropped about $100 to $77,351 just before noon ET, reversing a modest earlier gain. The move came minutes after a Fox reporter posted Trump’s…
Bitcoin’s $40k bear case would be a historic outlier, data suggests
Bitcoin’s BTC$77,684.60 recent gains — it’s added almost 15% this month — aren’t enough to convince some industry observers that the largest cryptocurrency has escaped the bear market it entered in October. It is, after all, still 40% below its record. There may be deeper drops to come, with some, unidentified, forecasters, predicting a drop…
Europe’s banks are going all in on crypto
Something important happened in Belgium earlier this year. KBC, the country’s largest bank-insurance group, switched on regulated Bitcoin and Ether trading for retail investors through Bolero, its self-directed brokerage platform. What matters is not only that a major European bank enabled access to digital assets. It is how that access was introduced: within an existing…