Bitcoin Depot has named former MoneyGram chief executive Alex Holmes as its new chief executive as the crypto ATM operator faces growing pressure from US regulators. Summary Bitcoin Depot appoints Alex Holmes as CEO after Scott Buchanan exits within three months. Multiple US states accuse Bitcoin Depot of excessive fees scam exposure and weak compliance
Key takeaways AI development is driven by profit motives, potentially leading to superior civilizations. Current AI technologies are causing significant harm to people and society. AI companies exploit labor, creating cycles of layoffs and retraining. The benefits of AI are not equally distributed outside Silicon Valley. Understanding AI requires examining diverse global perspectives beyond Silicon
Franklin Templeton and Ondo are launching tokenized ETFs that trade 24/7 directly in crypto wallets, giving non-U.S. investors round-the-clock access to U.S. stocks, bonds and gold. Summary Franklin Templeton and Ondo Finance announced tokenized ETFs on March 25 that can be traded directly inside crypto wallets around the clock, bypassing traditional brokerage accounts. The product
Key Takeaways Psychedelics are being explored as potential rejuvenation protocols for anti-aging. Research on psilocybin indicates it may have significant longevity benefits. Psilocybin affects the brain by dampening the default mode network, impacting self and ego perception. As people age, their experience of reality narrows due to the stiffening of their default mode network. Psilocybin
The UK Government is placing a ban on political crypto donations in a bid to safeguard electoral integrity. The Government of the United Kingdom has announced its plans to ban cryptocurrency donations to political parties. This is a part of a broader effort to “safeguard” democratic processes and principles. The move is designed to
Bitwise CIO Matt Hougan says Circle’s 22% post-CLARITY Act selloff is “excessive,” arguing USDC’s payments moat and a $1.9t stablecoin market by 2030 justify a $75b valuation target. Summary Bitwise CIO Matt Hougan called Circle’s post-regulatory selloff “excessive,” projecting the stablecoin issuer could be worth $75 billion by 2030. Hougan cited Citigroup’s revised forecast that
Key takeaways Bittensor is a decentralized network that uses crypto incentives to reward contributions to AI models and compute. The network can support a variety of applications, including drug discovery and renting compute resources. Subnets in Bittensor involve three main actors: subnet owners/operators, miners, and validators. The drug discovery process is currently costly and time-consuming,
The warning from the crypto industry is becoming blunt: the United States is losing the regulatory race, and Europe is picking up the slack. Following a closed-door meeting with the Senate Banking Committee on March 23, industry leaders are signaling that further delays to the CLARITY Act could permanently damage American competitiveness. While the European
Two major sentiment spikes linked to war optimism have pushed crypto higher, but uncertainty still clouds whether this rally can sustain. Bitcoin continues to trade around the $71,000 level, as it showed steady performance amid mounting geopolitical uncertainty affecting broader financial markets. Its trajectory has contrasted with gold, which has weakened significantly despite its
The CFTC’s first no-action letter for a self-custodial wallet and a joint SEC-CFTC move classifying XRP as a digital commodity give non-custodial XRP infrastructure a clearer path into regulated derivatives. Summary The CFTC issued its first-ever no-action letter for a self-custodial crypto wallet provider on March 17, granting Phantom Technologies regulatory relief without requiring broker