UK watchdog asks firms to share current and future crypto exposures
The Bank of England’s regulatory arm requests the crypto info from UK firms in order to assess stability and set policy. Source link
Coinbase
Tech & AI
U.K.’s International AI Safety Report Highlights Rapid AI Progress
A new report published by the U.K. government says that OpenAI’s o3 model has made a breakthrough on an abstract reasoning test that many experts thought “out of reach.” This is an indicator of the pace that AI research is advancing at, and that policymakers may soon need to decide whether to intervene before there
Bitcoin
No Bitcoin Tax? | Rumor’s Impact on IRA Customers Discussed
President Donald Trump made several successful connections with the bitcoiner community across the U.S. these past months. For instance, in September 2024 the then candidate picked up a large meal tab using bitcoin at PubKey, a bitcoin bar in New York City’s Greenwich Village. “… Trump paid for patrons’ food and drinks with Bitcoin, a
Crypto
Receipts Depositary explores XRP-backed securities: report
Receipts Depositary Corp. (RDC), a startup founded by former Citigroup executives, plans to launch XRP-backed securities, according to CoinDesk. The move will allow institutions to access XRP through U.S.-regulated market infrastructure. RDC has not responded to crypto.news’ request for comment. The news comes about a year after RDC announced the launch of the first-ever Bitcoin
Coinbase
Texas investor sentenced to two years after hiding BTC gains from taxman
According to the DoJ, Frank Richard Ahlgren III “falsely underreported capital gains” earned from BTC worth $3.7M between 2017 and 2019. Source link
Tech & AI
PlayStation Network started the weekend with an outage
PlayStation console owners who wanted to play online games got a rude start to the weekend. Users started reporting widespread PlayStation Network outages in the early evening on Friday, per Down Detector (a service owned by Ziff Davis, the parent company of Mashable). These things typically don’t last for an especially long time, which made
Bitcoin
Kanye West Receives An Invitation For A Crypto Meme Token Scam Plan
A popular American rapper disclosed that he received an invitation from a bad crypto actor, convincing him to conduct a meme token fraud. Kanye West is a popular American rapper, producer, and fashion designer known for his influence on hip-hop and pop culture. In his career, he created multiple award-winning albums. However, he has been
Crypto
Tornado Cash co-founder just got out of prison
Key Takeaways Alexey Pertsev, co-founder of Tornado Cash, has been released from prison under electronic monitoring. The TORN token increased in value following news of Pertsev’s release, highlighting ongoing debates in the crypto sector. Share this article Alexey Pertsev, co-founder of Tornado Cash, has been released from prison and placed under electronic monitoring as he
Coinbase
‘Someone is trying to ruin my Friday’ says Gate.io CEO after hack rumors
News that the Gate.io crypto exchange was hacked spread online this morning after a source that did “zero checking” shared the news. Source link
Tech & AI
8 Best Water Leak Detectors (2025), Tested and Reviewed
First Alert L1 Wi-Fi Water Leak and Freeze Detector Photograph: Simon Hill Other Leak Detectors We Like First Alert L1 Wi-Fi Water Leak and Freeze Detector for $62: This large flood sensor, branded First Alert, works with First Alert or Resideo apps and accessories. It sends push notifications and emails to alert you to any