Month: June 2025
SEC axes Biden-era proposed crypto rules in flurry of repeals
The SEC has withdrawn over a dozen rules the agency proposed under Joe Biden, including two crypto-related rules targeting DeFi and digital asset custody.
Ripple, SEC Ask Court to Dissolve XRP Injunction, Release $125M in Escrow
The joint filing proposes a $50 million payment to the SEC and marks a key step toward settling the years-long legal battle over XRP sales.
Former NBA Star Shaquille O’Neal Agrees to Pay $1.8M to Settle FTX Suit
The agreement marks one of the first major financial settlements against celebrities who promoted FTX before its spectacular collapse.
CFTC’s Pham says it won’t give ‘easy street’ to anybody, crypto included
CFTC acting chair Caroline Pham says the agency won’t ease up on crypto just because the Trump administration has pledged to support the industry.
Sharplink Gaming drops 73% amid looming $1B Ethereum buy
A crypto executive says if Sharplink Gaming were to announce its planned mega-Ether buy tomorrow, it could “light the match to reignite the stock.”
SEC Adds Dogecoin, Hedera ETFs to Growing List of Delayed Decisions
The SEC has delayed decisions on crypto ETF proposals, including Dogecoin and HBAR, while seeking further public input.
Australia bans financial adviser for 10 years for $9.6M crypto scam
Australia’s financial regulator alleges Glenda Maree Rogan told clients they were investing in a high-yield fixed-interest account but sent their funds to a crypto exchange listed as a scam.
Rendering Crispy Text on the GPU
Comments
The Claude Bliss Attractor
Comments
Big Brains, Tiny Models: Spain’s Multiverse Computing Bags $215M to Shrink AI for Smartphones
Multiverse Computing claims its quantum-inspired compression tech can get large AI models like Llama-2 to fit on a smartphone.
Asia Morning Briefing: Could 3AC and Terraform be Blamed for Singapore’s Crackdown on Offshore Crypto Firms?
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading day, all major cryptocurrencies are down … Read more
Dance Captcha
Comments
Bitcoin ‘Skew’ Slides as Oil Prices Surge 6% on Israel-Iran Tensions
Bitcoin’s BTC hort-term options skew crashed during the early Asian hours as traders sought downside protection amid escalating tensions in the Middle East, which triggered a sharp rise in oil prices The seven-day skew, which measures the relative richness of Deribit-listed BTC calls to puts, slid to -3.84%, the lowest since April 16, according to … Read more
Jemalloc Postmortem
Comments
Meta is paying $14 billion to catch up in the AI race
Meta CEO Mark Zuckerberg. Meta is paying $14.3 billion to acquire 49 percent of Scale AI and hire its CEO, Alexandr Wang, to revamp its troubled AI efforts. As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg and remain on Scale’s board of directors, both companies announced on Thursday. Sources … Read more
Bitcoin Dips as Israel Launches Airstrikes on Iran
Bitcoin fell sharply late Thursday after Israel launched strikes on Iran, rattling global markets and sparking a flight from risk assets.
Billionaire Investor Calls No-Interest Stablecoins ‘Outrageous’ as Key US Bill Advances
Billionaire investor Philippe Laffont called non-yielding stablecoins “outrageous,” as U.S. lawmakers move to ban interest-bearing tokens.
Bitcoin Tumbles Below $104K as Israel Strikes Iran
Bitcoin BTC has substantially added to earlier losses, now down more than 4% over the past 24 hours to $103,900 as Israeli forces have bombed targets in Tehran, the capital of Iran. Axios first reported that Israel had conducted an operation inside Iranian airspace, citing unnamed sources, with Al-Jazeera later confirming that explosions were heard … Read more
The Steve Jobs Archive shares stories, videos, and notes of his famous commencement speech
Thursday marks the 20th anniversary of Steve Jobs’ famous Stanford commencement speech, and the Steve Jobs Archive has marked the occasion by uploading an HD version of the speech, publishing notes Jobs emailed to himself, and sharing details about the leadup to the speech. You can see everything on a page on the Steve Jobs … Read more
Ethereum Treasury Firm SharpLink Gaming Plunges 70% – But There May Be a Twist
SharpLink Gaming (SBET), a Nasdaq-listed company that is pursuing an ether ETH treasury strategy, tumbled 70% on Thursday in after-hours trading following a fresh filing to the U.S. Securities and Exchange Commission. The company submitted an S-3ASR registration statement, enabling the resale of up to 58,699,760 shares related to its private investment in public equity … Read more