Billions flowing out of bitcoin ETFs and private credit funds suggest rising market risks
Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows.
Google’s Nest Thermostat has hit its best price of the year
Google’s 2020 Nest Thermostat is $50 off. | Photo by Dan Seifert / The Verge If you’re looking for a relatively affordable way to cut down on cooling costs, Google’s Nest Thermostat can help. It’s packed with smart controls and energy-saving features, and right now it’s on sale in white for $79 ($50 off), which … Read more
OpenAI Releases GPT-5.6 Sol: Here’s How It Stacks Up Against Other AI Models
OpenAI’s new flagship model is out, after spending two weeks locked behind a government-approved preview. It lands the same week Fable 5 leaves Anthropic’s subscription plans.
Meta’s new AI chips will begin production in September
The company is taking a modular approach to designing these chips, anticipating that their needs will change as AI evolves rapidly by the time the chips are in production.
Bitcoin miners’ AI pivot faces investor scrutiny over insider sales
As AI-driven mining stocks retreat, investors are examining executive stock sales, governance and shareholder alignment across leading Bitcoin miners, according to Blocksbridge Consulting.
Nvidia is a victim of the compute marketplace it created
Having proven how valuable compute can be, the company finds itself at the center of a market everyone wants to be in — while simpler technologies and less interesting companies get rich on the sidelines.
GPT-5.6
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ChatGPT Work
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OpenAI rolls out GPT-5.6 after government greenlight — and announces ‘ChatGPT Work’
About two weeks after OpenAI’s GPT-5.6 was caught up in regulatory drama – rolled out only to government-approved organizations during a “limited preview” period – the company has received the Trump administration’s greenlight for a public rollout of the model. OpenAI CEO Sam Altman called it “the best model we have ever produced.” To celebrate, … Read more
Microsoft’s patch Tuesdays are about to get bigger
Windows 11 updates could soon include fixes for more security issues at once. Microsoft said in a blog post on Thursday that it’s now using AI to “identify potential issues earlier,” which means “customers will see a higher volume of security updates included in each security release.” Hackers, even amateurs, have increasingly been using AI … Read more
UK politicians mull permanent crypto donation ban in wake of Nigel Farage scandal
Labour lawmakers proposed a full moratorium on crypto donations in March, which some have sought be made permanent after millions of dollars in contributions were linked to Reform leader Nigel Farage.
MCP tool design: Practical approaches and tradeoffs
When Model Context Protocol (MCP) tools underperform, the cause is rarely the protocol itself but the tool design. Many teams start by exposing an existing API as-is and trusting the agent to figure out the rest. It is a natural way to extend APIs to agentic systems and generative AI coding tools. For straightforward use … Read more
Enhancing enterprise inference on Amazon SageMaker HyperPod with data capture, Hugging Face, NVMe, and Route 53 integration
As enterprises scale their generative AI workloads, the demand for faster, more observable, and more flexible inference infrastructure continues to grow. Amazon SageMaker HyperPod is rising to meet that challenge with a set of new capabilities designed to streamline how organizations deploy and operate large models in production. Teams can now record inputs and outputs … Read more
Can Bitcoin hold $62K ahead of Friday’s $1.4 billion options expiry?
US 10-year Treasury yields nears dangerous level while major Deribit Bitcoin options expiry approaches.
MARA shares surge after 2 GW Texas infrastructure deal expands AI ambitions
The Bitcoin miner’s shares climbed about 15% after announcing it’s acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.
Swift Readies Ledger for 24/7 Token Transfers—Though True Settlement Is Stuck on Old Rails
Swift’s pilot allows 17 global banks to transfer tokenized deposits on weekends, but ultimate settlement still relies on legacy systems.
Bitcoin traders reveal key levels as BTC price passes $63K after Trump Iran ‘deal’ comments
Bitcoin gained new upside targets for the daily close and beyond after US president Donald Trump said that Iran “wants to make a deal.”
AI contracts, not bitcoin, now drive miner valuations, and Cipher and TeraWulf look cheap
Compass Point analysts Michael Donovan and Ed Engel said markets are giving little credit to future AI data center pipelines despite billions of dollars in signed leases.
Telegram Now Has 1 Billion Users. Telebiz Just Built The First Real Business Layer On Top Of It
Somewhere between 2020 and today, Telegram stopped being a messaging app. In crypto, in venture, in the remote-first end of the startup world, it became the surface where actual business happens: partnerships pitched, deals negotiated, hires closed, all of it moving in the same 41-minute average session that its billion monthly users spend inside the … Read more
Schlage’s Sense Pro unlocks the door so I don’t have to
The Sense Pro is Schlage’s first Matter-over-Thread lock. It also supports hands-free unlocking via Apple Home Key, with Google and Samsung support coming soon through Aliro. The Schlage Sense Pro is a beautiful smart lock. Sleek, discreet, and simple to use, it’s Schlage’s smartest lock to date. Thanks to ultra-wideband (UWB), it unlocks as I walk … Read more
MARA Stock Pops as Bitcoin Miner Agrees to Acquire Massive Powered Texas Land Plot
MARA Holdings has agreed to purchase a sizable plot of land in Texas to power its Bitcoin mining and growing AI compute ambitions.
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Labour MPs Push to Make UK Crypto Donation Ban Permanent
The lawmakers have tabled amendments to make the current moratorium permanent, as the fallout over Reform UK’s funding widens.
Block reaches $45M settlement with 46 states over Cash App fraud probe
State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection.
The 2030 Post-Algorithm Reset
A Thought Exercise on a post-algorithm world as a response to the 2028 Global Intelligence Crisis. The Intelligence Displacement Spiral is real but it’s not the whole story The “2028 Global Intelligence Crisis” report captures my mid-term pessimism uncomfortably well. AI is starting to disrupt incentive structures across the entire economy and once that loop … Read more
Ethereum’s newest nonprofit wants to become Wall Street’s guide to crypto
In this week’s edition of The Protocol Newsletter, we’re digging into Ethereum Institutional, a new nonprofit aimed at educating financial institutions and banks about Ethereum.
Anthropic’s new Claude feature is quietly selling you on AI
Claude’s new Reflect dashboard doesn’t just visualize how you use AI. It also subtly reinforces how much of your daily work now depends on Anthropic’s chatbot.
Anthropic, OpenAI, and SpaceX are bigger than the last 25 years of tech exits
Three big AI IPOs are set to generate more value than all the U.S. VC backed exits since 2000.