Key Takeaways Bitgo funded 100 BTC on Aug. 1 to challenge Anthropic’s Claude models. Anthropic found 3 AI evaluation failures across 141,006 …
Joseph Rees
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Bitcoin
Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC
by Joseph Reesby Joseph ReesKey Takeaways Victims are planning class-action lawsuits against Coinkite after losing $88 million to the Coldcard wallet bug. Legal experts are sharply …
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Bitcoin
Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra
by Joseph Reesby Joseph ReesKey Takeaways Stablecoin supply dropped $15 billion since May, the largest fall since Terra’s 2022 collapse. Tether’s USDT and Circle’s USDC accounted …
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Bitcoin
Russia Goes After Durov, Bessent Slams CLARITY Opponents, and More
by Joseph Reesby Joseph ReesKey Takeaways Bessent demanded a CLARITY vote as Satoshi’s quote turned 16, keeping crypto rules in focus. CME Group targets the $650B …
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Key Takeaways Russia banned crypto mining in Moscow and the Moscow region from August 15, 2026, to December 31, 2032. The ban …
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Bitcoin
IRS Warns Fake Crypto Letters Target Wallets and Personal Data
by Joseph Reesby Joseph ReesKey Takeaways Fake IRS letters direct crypto holders toward a fraudulent portal. QR codes lead victims to websites built to resemble IRS.gov. …
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Bitcoin
Elon Musk Denies Tesla China Sale Report Tied to SpaceX Merger
by Joseph Reesby Joseph ReesKey Takeaways Elon Musk rejected the Tesla China sale report as entirely false. The Wall Street Journal reported executives explored separating Tesla’s …
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Key Takeaways Bitbanker expects Bitcoin to drop to $60K in August due to passive Fed policy before recovering to $70K. BitMEX winding …
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Bitcoin
Blackrock, Fidelity Lead $265M Bitcoin ETF Outflows as Ether Gains
by Joseph Reesby Joseph ReesKey Takeaways U.S. spot bitcoin exchange-traded funds (ETFs) saw $265.4 million in net outflows on July 31, led by Blackrock’s IBIT. Spot …
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Bitcoin
Sygnum Bank’s B2B Model Fuels Switzerland’s Crypto Boom – Bitcoin News
by Joseph Reesby Joseph ReesKey Takeaways Bancastato added bitcoin (BTC), ethereum (ETH), litecoin (LTC) and solana (SOL) without a separate exchange. Sygnum powers 25+ banks, signaling …
