The US Department of Homeland Security’s El Dorado Task Force has reportedly launched an investigation into Anchorage Digital Bank, a Wall Street-backed cryptocurrency firm. According to an April 14 Barron’s report, members of the task force have contacted former employees of the company over the past weeks to examine its practices and policies. Citing unidentified … Read more
The US Treasury has injected $500 billion into financial markets since February by drawing liquidity from its Treasury General Account (TGA), funding government operations after a $36 trillion debt ceiling was hit on Jan. 2, 2025. Macroeconomic financial analyst Tomas said that this liquidity surge boosted the net Federal Reserve liquidity to $6.3 trillion, and … Read more
The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the Apple App Store in the U.S. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually … Read more
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Nvidia’s announcement was praised by the White House amid its broader AI infrastructure push.
Neptune is one of the newest short-form video apps on the block seeking to compete with major players like TikTok, Instagram Reels, and YouTube Shorts. The app, currently in beta, has attracted attention from hundreds of thousands of users, with 970 testers participating and 400,000 people on the waitlist, per the company. Neptune announced Monday … Read more
Bitcoin (BTC) bulls are trying to start the week on a positive note by pushing the price above $85,000. Michael Saylor’s Strategy has used the recent dip to buy 3,459 Bitcoin for $285.5 million at an average price of $82,618. That boosts the total holding of the firm to 531,644 Bitcoin purchased at an average … Read more
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Products tracking Bitcoin and other coins generated outflows last week amid Donald Trump’s tariff zigzag, except for XRP funds.
The United States Securities and Exchange Commission (SEC) has delayed a decision on whether to approve Ether staking in two Grayscale funds. The decision on Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF has been postponed until June 1, according to an April 14 announcement from the SEC. The deadline for a decision … Read more
The car rental giant attributed the breach to Cleo, whose customers had data stolen by a ransomware gang in 2024.
American crypto exchange Kraken has started rolling out commission-free trading for over 11,000 stocks and exchange-traded funds.
South Korean regulators requested 14 apps from Apple — belonging to unreported foreign crypto operators — be blocked domestically, a statement said on Monday. Crypto exchanges KuCoin and MEXC are among the firms being targeted by the regulator, and domestic access to their apps have been blocked since April 11. CoinDesk reached out to KuCoin … Read more
It’s a big week for those of us tasked with making the case for bitcoin and crypto as an investable asset class. While global markets have been ugly, unpredictable and fragile of late, digital assets held steady with moderate volatility. Bitcoin was up ~ 5% and the CoinDesk 20 Index was up ~ 6% last … Read more
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OpenAI has introduced GPT-4.1, a successor to the GPT-4o multimodal AI model launched by the company last year. During a livestream on Monday, OpenAI said GPT-4.1 has an even larger context window and is better than GPT-4o in “just about every dimension,” with big improvements to coding and instruction following. GPT-4.1 is now available to … Read more
Sony’s XM5 combine great sound with top-notch noise cancellation. Want a premium pair of earbuds without having to pay a premium price? Right now, Sony’s noise-canceling WF-1000XM5 are on sale at Amazon and Target for $179.99 ($120 off), their best price to date. It’s possible Sony could release the WF-1000XM6 sometime later this year, but … Read more
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OpenAI said on Monday that it would soon wind down the availability of GPT-4.5, its largest-ever AI model, via its API. GPT-4.5 was released only in late February. Developers will have access to GPT-4.5 via OpenAI’s API until July 14, after which they’ll have to transition to another model in OpenAI’s catalog, the company says. … Read more