Key Takeaways Bitcoin reached a new all-time high of $124,000. Other crypto assets have also surged, with Ethereum trading above $4,700, just 3% below its November 2021 record. Share this article Bitcoin reached a fresh all-time high on Wednesday evening, surpassing $124,000 for the first time after topping the previous $123,000 record set last month.Bitcoin’s value rally has lifted it above Alphabet and Amazon, restoring its rank as the fifth-largest asset by market capitalization, according to CompaniesMarketCap.Data from TradingView shows that the world’s largest crypto asset currently hovers around $123,591, representing a 7% increase in the last seven days.The latest…
Author: admin
Key Takeaways Dunamu and MB Bank are joining forces to launch Vietnam’s first regulated crypto exchange. Vietnam’s new Digital Technology Industry Law legalizes digital assets and enables a formal market. Share this article Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, has joined forces with Military Commercial Joint Stock Bank (MB), Vietnam’s leading state-linked bank operating under the Ministry of National Defense, to establish the nation’s first local digital asset exchange.At the Vietnam-Korea Business Forum in Seoul this week, the two parties formalized a Memorandum of Understanding (MoU). As part of the agreement, Dunamu is set to…
Key Takeaways Justin Sun challenges Bloomberg over intent to publish sensitive financial information. The lawsuit centers on alleged violations of confidentiality agreements and concerns over personal security risks. Share this article TRON founder Justin Sun filed a lawsuit against Bloomberg in Delaware federal court, seeking to block the media company from publishing a detailed breakdown of his crypto holdings.The lawsuit, filed August 1, 2025, arose after Bloomberg sought to include Sun in its Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest individuals, according to software engineer and crypto researcher Molly White, who first shared the filing.Sun claims he…
As Ethereum (ETH) trades within strike distances from the all-time high (ATH), chain-on-chain data shows that the second-largest cryptocurrency by market capitalization is experiencing an increase in purchasing pressure. The asset is currently priced in the $4,600 range, weighing just 4% of the ATH. Ethereum Net Daily Outflows has reached 40,000 Over the past month, more than 1.2 million ETH have withdrawn from the crypto exchange, according to a crypto staple Quicktake post by contributor Burakkesmeci. Analysts suggested that Ethereum’s upward trend is likely to continue. Related readings For context, ETH has surged 53.8% last month, highlighting strong purchase pressure…
Igor Babuschkin, a co-founder of Elon Musk’s xAI startup, announced his departure from the company on Wednesday in a post on X. Babuschkin led engineering teams at xAI and helped build the startup into one of Silicon Valley’s leading AI model developers just a few years after it was founded. “Today was my last day at xAI, the company that I helped start with Elon Musk in 2023,” Babuschkin wrote in the post. “I still remember the day I first met Elon, we talked for hours about AI and what the future might hold. We both felt that a new…
Key Takeaways Google Play will ban non-custodial crypto wallets unless developers have a FinCEN, state banking, or MiCA license. This new policy will effectively remove non-custodial wallets from the Google Play Store in the European Union where MiCA applies. Share this article Google Play Store will require crypto wallet developers to hold banking or money services licenses before listing their apps, according to The Rage report.The policy applies in 15 jurisdictions, including the US and EU, and makes no distinction between custodial and non-custodial wallets.In the US, developers must register with FinCEN as a Money Services Business and as a…
I’m riding in the back of a Waymo that’s autonomously navigating the busy streets of San Francisco with relative ease thanks to 29 external cameras, six radar, and five lidar sensors all feeding into an AI model. For just 15 bucks, I get to experience what feels like a miracle of modern technology, and yet, there’s a nagging thought I can’t shake. The music sucks in here. Waymo’s music-streaming feature has felt like an aged barnacle attached to a futuristic shell. Until this week, passengers were limited to a few music stations that played lo-fi beats, smooth jazz, K-pop, or…
Anthropic has acquired the co-founders and most of the team behind Humanloop — a platform for prompt management, LLM evaluation, and observability — in a push to strengthen its enterprise strategy. The terms of the deal were not shared, but it appears to follow the acqui-hire playbook we’re increasingly seeing in the tech industry amid the war for AI talent. Humanloop’s three co-founders — CEO Raza Habib, CTO Peter Hayes, and CPO Jordan Burgess — have all joined Anthropic, alongside around a dozen engineers and researchers. Anthropic is growing fast in the enterprise space as it leads in agentic and…
Key Takeaways A data leak exposed the names and emails of FTX creditors ahead of the next payout round. Scammers are targeting claimants with phishing emails, urging vigilance and use of official claim sites. Share this article Sunil Kavuri, a known FTX creditor activist, has warned that the full names and email addresses of FTX creditors have been leaked. Warning: Phishing Scam Email Full name, email addresses of FTX creditors revealed New or old data leak 1) Do not click on email links 2) Check Sender addresses 3) Go direct to claims portal or official address. Do not click on…
India-based audio series platform maker Pocket FM aims to be the Netflix of audio. That is, the company intends to match its audio series with hundreds of episodes to its users’ tastes. For that to work, it needs to release content rapidly — something it’s now turning to AI to help with. The Lightspeed-backed startup is giving its writers an AI tool set that can do things like suggest better endings to an episode or make the narrative more engaging. The hope is that the tools will speed up the storywriting process. Pocket FM already uses some AI tools like…