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Las Vegas businessman convicted in $24 million ‘AI supercomputer’ crypto Ponzi scheme
Brent Kovar has been found guilty of running a crypto Ponzi scheme, defrauding at least 400 investors out of $24 million.
Bitcoin’s surging price faces 1 key level that could signal if the bear market is really over
Your day-ahead look for Aug. 25, 2026
Greenworks’ MaximusZ electric riding mower has five motors and a few compromises
The current EV market is flush with variety. I’ve driven single-motor economy-minded machines, dual-motor EVs with all-wheel drive, tri-motor vehicles that dial up the performance stakes, and even wild quad-motor performance cars, like the Rimac Nevera. But this is the first time I’ve ever driven a five-motor EV, one with the agility and speed to … Read more
A bitcoin short squeeze for the ages as futures open interest collapses
Falling open interest and subdued funding rates suggest the rally remains structurally healthy.
Bitcoin extends 7-day advance to roughly 25%
Bitcoin crossed $80,000 for the first time since May, extending its seven-day advance to roughly 25%.
Jury Convicts Las Vegas Man of $24M AI Crypto Mining Ponzi Scheme
Brent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC.
Bitcoin RSI bullish divergence draws 2022 comparisons as analysis weighs new price trend
Bitcoin price analysis eyes the potential end of its current macro downtrend based on weekly RSI signals.
Solana ETFs extend growth streak to 5 days after year’s biggest inflows
Monday’s $33.5 million was the largest single-day inflow since December, pushing cumulative net inflows to a record $1.22 billion and trading volume to $166.8 million.
US Can Now Sanction Anyone Operating in Iran’s Crypto Sector
Digital assets are among five sectors in a campaign Treasury called an “Economic D-Day,” alongside technology, gold, aviation and shipping.
Thailand moves closer to Bitcoin, Ether ETFs with draft rules
Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians.
Standard Chartered becomes first bank distributor of HKD stablecoin
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking.
Franklin Templeton’s Tokenized Treasury Fund Lands on HashKey
The $1.8 trillion manager is putting its onchain money market fund on the Hong Kong exchange’s Earn channel.
SaaS Breach Risk: Visionet Shows How to Approach SaaS Security Risk to Prevent a Data Breach
There was a time when enterprises worried about perimeter defenses- safeguarding their supply chain security against outside threats. Today, the rapid growth of SaaS applications has created a more complex challenge: a web of tools, APIs, OAuth tokens, webhooks, and automated workflows connecting finance, HR, operations, customer service, and analytics. All it takes is one … Read more
OpenAI subpoenaed by Alabama AG over Hugging Face hack
Alabama’s attorney general issued a subpoena to OpenAI on Monday as part of an investigation into how one of its AI agents escaped a supposedly secure testing environment and autonomously hacked another company last month. The investigation seeks to determine whether OpenAI’s safety practices violated state consumer protection laws and pose a risk to Alabama … Read more
Mirage2FA Hijacks Companies’ Microsoft 365 Sessions, with Over 4K Victims in the US
Mirage2FA is an active phishing-as-a-service toolkit built to steal Microsoft 365 credentials and authenticated sessions through Adversary-in-the-Middle (AiTM) attacks. ANY.RUN research shows that 63.7% of identified victims are in the US, with Technologies, Manufacturing, and Education among the most targeted industries. The operation has generated thousands of compromise events between 2024 and 2026, including stolen session cookies, passwords, and … Read more
Oro Raises $3M as Investors Bet on AI-Native DeFi
While one may be tempted to believe that venture capital money has exited crypto in a big way this year, that narrative is not entirely correct. To elaborate, DeFi, a category that was the poster child for massive investments just a year or two ago pulled in around $654 million over the first half of … Read more
U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGC-QF oil sales since 2023.
Galaxy puts Coldcard hack losses at 1,789 BTC, with 87% unmoved
Galaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin.
Android is getting its own weird dots to cure car sickness
Motion Assist as found in Android 17’s settings. | Image: Android Authority (cropped by The Verge) Google is rolling out a new Android feature that’s been proven to reduce, or even eliminate, motion sickness when using a phone inside a moving vehicle. Dubbed Motion Assist by Google, it’s very similar to Apple’s Motion Cues, first … Read more
Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.
Franklin Templeton and Hashkey roll out U.S. tokenized money fund in Asia
Tokenized U.S. treasury and money market funds are one of the fastest-growing segments in the digital asset markets, growing fifteenfold in two years.
Live updates: Bitcoin ETFs draw a seventh straight day of inflows as the rally holds above $80,000
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a short squeeze.
Bitcoin ETFs add $338M as six-day inflow streak hits $2.26B
Bitcoin ETFs have drawn $2.26 billion over six trading days, while year-to-date net outflows have narrowed to about $2.57 billion.
Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge of prices.
Monad proposes wallet upgrade that could survive lost keys and quantum attacks
The Ethereum-compatible blockchain wants users to be able to replace the keys controlling an account without changing its address, opening the door to passkeys, recovery tools and post-quantum security.
Crypto rally spills into dog and cat memecoins as smaller tokens double in a week
Robinhood Chain-based Cash Cat jumped more than 50% in a day, while several smaller animal-themed tokens have gained between 50% and 130% over the past week.
Bitcoin traders place $2.9 million bet on a rapid price jump above $82,000
Traders are spending millions to position for further Bitcoin upside after its staggering rally to $80,000, though demand for downside protection remains firm, according to Laevitas.
US targets Iran’s crypto sector, cites over $100M in oil-linked payments
The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAE-based broker processed over $100 million in crypto for oil sales.