Jack Dorsey’s Block Applies for Bank Charter to Custody Bitcoin
Builders Bank would consolidate custody work Block now runs under more than 50 state money transmitter licenses.
India’s financial intelligence unit flags 15 crypto platforms for AML lapses
The Financial Intelligence Unit-India (FIU-IND) issued non-compliance notices to what it calls virtual digital asset service providers.
Iran eases currency rules to bypass US sanctions with crypto: Report
Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported.
Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans.
Live updates: Brent crude hits $100 for first time since July as bitcoin holds above $79,000
Japanese yen extends its rally against the U.S. dollar, briefly strengthening past 153 per dollar.
On Really Trying (2009)
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Anthropic researcher quits with a warning on AI that echoes ‘The Terminator’ script
The people building AI earnestly believe that it could kill us all by the end of the decade, Coxon said on X, explaining his resignation.
Google DeepMind alumni are building tools to accelerate fusion power for the grid
Fusionality is developing control systems and simulation environments to help fusion power startups move faster.
Gemini receives Singapore payment license for crypto services
Gemini’s local entity is authorized to provide digital payment token and cross-border money transfer services without standard transaction-volume limits.
Apple’s foldable ‘iPhone Duo’ will reportedly start at $2,000
With only a few hours left until the first iPhone launch event since John Ternus took over as the CEO of Apple, Bloomberg reporter Mark Gurman says the name of the company’s long-rumored folding phone is the iPhone Duo. The midnight report suggests it will have a price starting at $2,000 for a model with … Read more
Hunter Biden defends LAPTOP ahead of Wednesday launch, calls TRUMP a ‘grift’
Biden says the token is about “resilience, redemption and recovery” and will give coins to nearly one million wallets that lost money on TRUMP.
Moonshot’s Kimi rattled markets. U.S. agencies now say it was trained on American models
Moonshot, whose Kimi model rattled markets earlier this year, is among six Chinese AI firms accused of systematically extracting capabilities from U.S. models.
Bitcoin recovers toward $79,000 as Zcash records a $500 million ETF haul
Bitcoin fell to nearly $77,600 on Tuesday before clawing most of it back, leaving it little changed on the day while zcash gained roughly 43% on the week and Grayscale’s new fund crossed half a billion dollars.
Malone Lam pleads guilty in $245M crypto theft conspiracy
US prosecutors said Lam organized an international network that targeted cryptocurrency holders through social engineering and home break-ins.
CloudNC raises $20M to automate manufacturing’s most pressing bottlenecks
UK-based manufacturing software startup CloudNC announced Wednesday a $20 million B extension round, bringing its lifetime total raised amount to $128 million.
White House takes down ‘Build the Wall’ game after the Tetris Company complains
The Trump administration’s short-lived arcade game “Build the Wall” is now nowhere to be found after the Tetris Company posted that it takes “copyright infringement very seriously.”
Take on your most ambitious work with GPT-6 Astra on Amazon Bedrock
GPT-6 Astra from OpenAI brings greater depth and judgment to your most demanding tasks and runs on the Amazon Bedrock inference engine built for high performance, security, and scale. Organizations are already running AI agents that write code, analyze data, and automate complex workflows at production scale on Amazon Bedrock. GPT-6 Astra raises the potential … Read more
Sony isn’t phasing out discs quite as quickly as we thought
Sony isn’t backing away from its decision to kill the video game disc in January 2028. But Sony isn’t shutting down production as quickly as we thought, either. Two months after reports that Sony’s last discmaking plant was already being repurposed, the company’s discmaking division now says that one widely reported detail was wrong. Originally, … Read more
OpenAI Says It Solved a $1M Math Problem. A Rival Mathematician Says He Did It First
NYU’s Tristan Buckmaster accuses OpenAI’s Sébastien Bubeck of racing to claim credit for a Navier-Stokes proof after learning about his unpublished work with Anthropic’s Levent Alpöge.
New York town weighs crypto mining and AI data center ban
One of the first towns in the US to ban Bitcoin mining for 18 months is considering another temporary moratorium extending to data centers and other crypto mining operations.
How I Built a Spaced-Repetition Widget With SwiftUI and WidgetKit
A “word of the day” widget is easy to describe: choose a word, render it, update tomorrow. That was not enough for Slovo, a one-minute Russian learning app, and its central product idea is that a glance can become a recall attempt. If the widget only showed today’s word, it would stop being useful after … Read more
Building Dogear Taught Me to Validate Before I Ship
Two weeks ago, I did something brave and slightly foolish: I announced my iOS app, Dogear, on Twitter/X. I hit “post” with all the confidence of someone who’d just shipped a product into the world. Then I watched the replies roll in. The response? Let’s call it… brutally honest. People weren’t mean; they were just … Read more
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Hackers are stealing Claude tokens from subscribers
Last month, a Claude user noticed his account was consuming tokens even though he wasn’t working. Anthropic has since warned users about hackers.
Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market
Cognition’s valuation multiple is higher than Cursor’s was before selling to SpaceX.