Saturday, June 27

Crypto

What Role Is Left for Decentralized GPU Networks in AI?

Decentralized GPU networks are pitching themselves as a lower-cost layer for running AI workloads, while training the latest models remains concentrated inside hyperscale data centers.Frontier AI training involves building the largest and most advanced systems, a process that requires thousands…

Trump Picks Kevin Warsh as Next Federal Reserve Chair

US President Donald Trump said Friday he will nominate former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as chair of the US central bank, setting the stage for a high-stakes Senate confirmation battle.The decision, announced by Trump on…

Crypto ETFs Shed Over B In Daily Outflows As Market Slides

Cryptocurrency investment products faced heavy outflows on Thursday as the total crypto market capitalization fell about 6%.Bitcoin (BTC) and Ether (ETH) funds recorded nearly $1 billion in outflows, among the largest of the year so far, according to SoSoValue.Spot Bitcoin…

Vitalik Buterin Outlines M Eth Plan for Privacy, Open Hardware

Ethereum co-founder Vitalik Buterin said he has earmarked 16,384 Ether, worth about $45 million, to support privacy-preserving technologies, open hardware and secure, verifiable software systems. In a post on X, Buterin said the funds were withdrawn from his personal holdings and…

Bybit Faces Compliance Hurdles With Neobank Push

Bybit’s push to offer neobank-style services is testing how far crypto exchanges can expand into traditional finance (TradFi), highlighting regulatory hurdles and a growing reliance on licensed banking partners.Bybit CEO Ben Zhou announced the exchange’s push into retail banking on…

DOJ Finalizes 0M Helix Forfeiture in Early Bitcoin Darknet Case

The United States Department of Justice (DOJ) finalized the forfeiture of over $400 million in cryptocurrency and other assets tied to Helix, an early Bitcoin-era darknet mixing service, according to a statement released Thursday. The assets were seized from Larry Harmon,…

Trump Set to Name Kevin Warsh Next Fed Chair: Report

US President Donald Trump is expected to nominate Bitcoin-friendly Kevin Warsh as the next chair of the Federal Reserve when he announces his pick on Friday.Trump said on Thursday that he will be announcing his pick to replace the central…

Circle Says Stablecoin Infrastructure Updates to Spur Use

Stablecoin issuer Circle Internet Group plans to focus on building more durable infrastructure throughout 2026 to spur greater adoption among companies and institutions.Circle chief product and technology officer Nikhil Chandhok said in a blog post on Thursday that the company…

Bitcoin ‘Massive Rotation’ Is On The Rocks: Benjamin Cowen

Bitcoin’s price downtrend may not be as short-lived as many holders anticipate, says crypto analyst Benjamin Cowen.“Bitcoin’s likely going to keep bleeding against the stock market,” Cowen said in a video on Thursday, adding that strong expectations of a “massive…

Securitize Reports 841% Revenue Surge In SPAC Filing

Tokenization platform Securitize said its revenues are up over 840% to September 2025 in a new filing to go public that moves ahead with its plan to merge with a blank-check company backed by Cantor Fitzgerald.Securitize Holdings said in a…

Unclaimed ETH From The DAO Hack To Be Used For Security Fund

Unclaimed Ethereum tokens from the infamous 2016 hack on The DAO will be redirected into a new security fund aimed at strengthening the network, says Ethereum advocate Griff Green.“There’s a lot of money just sitting in random contracts that were…

Bybit Rebounds After Hack as Crypto Trading Volumes Climb in 2025

Bybit saw the second-highest trading volumes among crypto exchanges last year, making a “slow but steady comeback” after suffering a $1.5 billion hack in February 2025, says CoinGecko.Bybit‘s trading volume reached $1.5 trillion in total during 2025, and its share…

US CFTC to Partner with SEC on Agency’s ‘Project Crypto‘

Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), announced that the agency would join the efforts of the Securities and Exchange Commission’s Project Crypto.In remarks prepared for an SEC-CFTC discussion on harmonizing the agencies’ approach to digital…

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