Excessive AI spending risks global financial consequences, BIS warns

The AI investment surge is a potential flashpoint for systemic risk, “as financing has relied...

Dubai crypto market hits 50 licensed firms after new VARA approval

Dubai’s VARA has licensed its 50th crypto firm, though only 39 VASPs were fully operational...

Pioneering zk-rollup Loopring closes DEX, citing lack of adoption

“We lacked a virtual machine, no composability, no real‑world payment use cases. That limitation kept...

Binance booted from EU, EthLabs rises up to save Ethereum: Hodler’s Digest June 14-28

BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur...

BIS warns stablecoins risk fragmenting global financial system

The Basel-based institution said that private digital tokens fall short of the requirements for sound...

Will Bitcoin price recover in July?

Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but...

EU Watchdog EBA Details Big Crypto Fines as Landmark Laws Bite

The European Banking Authority laid out a proposed penalty framework on Friday that can strip...

Binance posts over $400M in weekly net outflows as MiCA deadline nears

Early exchange flow data show no clear signs of a mass migration from Binance ahead...

Grayscale’s Pandl hopes Strategy sells $3B in Bitcoin to restore confidence

Grayscale’s research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover...

Base post-mortem reveals sequencer bug behind back-to-back outages

A “race condition” after the system was reset prevented the sequencers from catching up, causing...