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Why the Ethereum Foundation is suddenly again at the center of crypto’s culture war
In this week’s edition of The Protocol Newsletter, we’re diving deep into the institution that has been the main steward for the Ethereum blockchain, and why its been back in the spotlight.
Kalshi Sues to Stop Minnesota From Enforcing America’s First Prediction Market Ban
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August.
Hackers are trying to steal Signal users’ backups in new wave of phishing attacks
A new hacking campaign is trying to trick Signal users to give up their secret recovery key, which can be used to access online backups containing past messages.
Various LLM Smells
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Tether’s U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals
USAT’s market cap jumped above $140 million in April, though it remains well behind Circle’s USDC, PayPal’s PYUSD and Ripple’s RLUSD tokens.
Anthropic raises $65 Billion, nears $1T valuation ahead of IPO
Anthropic has closed a $65 billion Series H round at a $965 billion post-money valuation, marking what could be the AI startup’s final private fundraise before a highly anticipated IPO.
Anthropic’s Claude Opus 4.8 Is Here: Better AI Coding, Smarter Safety—Same Huge Price
Anthropic’s latest flagship AI model Claude Opus 4.8 arrives with sharper reasoning, tighter alignment, and a price tag that hasn’t budged.
Bitwise bets Hyperliquid could power future finance as HYPE ETFs gain traction
Bitwise says investor demand for Hyperliquid exposure is surging as new HYPE ETFs launch.
Motorola’s last-gen Razr Ultra is almost half off
Motorola’s latest Razr Ultra proves that its flip foldable format has evolved to become more than just a nostalgic gimmick. I’d understand if you’re not interested in shelling out $1,499.99 for the 2026 model, but the similar 2025 Motorola Razr Ultra with 512GB of storage is a much more palatable $699.99 unlocked at Best Buy … Read more
Just like gold and oil, we’ll soon be able to trade AI token futures
Large exchanges are designing derivative products around AI tokens, which are increasingly being considered less a computational output and more a raw material input, like electricity or bandwidth.
Anthropic’s Claude Mythos AI Model Nearing Release After Raising Cybersecurity Alarms
Anthropic signaled that broader access to its controversial Claude Mythos AI models may arrive “in the coming weeks” after limited testing.
About LLMs at Zig Days
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Build a test suite that grows with your agent with dataset management in Amazon Bedrock AgentCore
Agent evaluation is most powerful when you combine fast-moving online signals with stable offline baselines. To understand whether your agent is truly improving over time, you need a fixed benchmark alongside your changing real-world traffic. Managing test cases for evaluation baselines as a dataset in Amazon Bedrock AgentCore brings the discipline of versioned test fixtures … Read more
H1 secures $40M from CVS, proving SaaS startups can still attract investment
CEO Ariel Katz argues that while AI can replicate workflow SaaS, it can’t copy H1’s unique doctor data.
The line between games and movies keeps getting blurrier
The most memorable part of 007 First Light is something that’s typically pretty boring: the tutorial. In many games, you’re forced through a series of tedious lessons in how to play, presented in a way that feels disconnected from the story itself and at a plodding pace. But First Light does something different. Because the … Read more
Bitcoin Whales Are Pulling Back as Activity ‘Mirrors’ 2022 Bear Market: Analysts
Current Bitcoin whale activity is similar in nature to the last bear market in 2022 when BTC fell precipitously, according to on-chain data.
What the Clarity Act Means for the Rest of the World
The Senate’s crypto bill has supporters excited—and opponents concerned—about the bill’s potential reverberations beyond America’s borders.
Claude Opus 4.8 is now available on AWS
Today, we’re excited to announce the availability of Anthropic’s most advanced Opus model, Claude Opus 4.8, on Amazon Bedrock and the Claude Platform on AWS. Claude Opus 4.8 represents a meaningful step forward, delivering improvements across the workflows teams run in production, from agentic coding and deep knowledge work to multi-stage autonomous tasks that span … Read more
Why Paris may be the most important AI city outside Silicon Valley
Europe’s startup ecosystem has matured significantly; its founders are increasingly willing to scale companies domestically instead of immediately looking to relocate to the U.S.
In just 3 weeks, StrictlyVC is coming to Los Angeles
StrictlyVC Los Angeles is on June 18. Join for meaningful networking and fireside chats with leaders from Mach Industries, Shinkei Systems, and more. Register today.
Hyperliquid’s pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million
A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.
Trezor adds native USDt, USDC yield via Morpho integration
The feature lets users earn stablecoin yield directly through Trezor Suite without connecting external wallets or using separate DeFi apps.
French company abandons crypto treasury strategy, will liquidate Bitcoin holdings
In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%.
Startup Battlefield 200 application deadline extended to June 8 after overwhelming demand
After overwhelming demand from founders around the world, TechCrunch has extended the Startup Battlefield 200 application deadline to June 8. Nominate a standout startup or apply yours today.
Corgi announces $106M raise at $2.6B valuation — double what it was worth three weeks ago
Insurance tech Corgi announced today an $106 million Series B1 raise, valuing the company at $2.6 billion, just three weeks after announcing a $160 million Series B.
Anthropic releases Opus 4.8 with new ‘dynamic workflow’ tool
The new Opus model comes with a tool called Dynamic Workflows, for coordinating swarms of subagents.
Claude’s new model is more ‘honest’ when it messes up
Anthropic is releasing Claude Opus 4.8 on Thursday, and the company is touting the model’s “honesty.” According to Anthropic, it trains “all [its] models to be honest – for instance, to avoid making claims that they can’t support.” But it notes that “a general problem with AI models is that they sometimes jump to conclusions, … Read more