California AI Law Blocks xAI Move
Elon Musk’s xAI failed to block California’s AI transparency law AB 2013, requiring data disclosure, marking a legal setback for the AI sector. #Update #Legal
Crypto News
General category for all types of news related to the cryptocurrency world.
Anthropic AI Index Reveals Job Automation Risk
Anthropic’s AI Exposure Index reveals 75% of programming tasks are automatable, impacting early-career hiring. This may drive interest in decentralized AI and crypto-native work models. #Update #AI
AI Expansion Secured with $1B Loan
@CoreScientific has secured a $1 billion credit line from Morgan Stanley, initially set at $500 million, to expand data processing centers and enhance AI infrastructure. #Update #Crypto
Crypto Tax Forms Mandated for Electronic Delivery
The IRS proposes mandating electronic delivery of tax forms for crypto exchange users, allowing brokers to terminate client relationships over non-compliance; tax compliance remains a barrier for 55M US digital asset holders. #Update #Crypto
Crypto Brand Sues Pudgy Penguins Over IP
PEI Licensing sues @PudgyPenguins for trademark infringement, alleging consumer deception and seeking profits from sales, trademark rejections, and product destruction. #Update #Legal
Tax Cuts Could Boost US Growth 2026
Goldman Sachs forecasts US GDP growth at 2.8% for 2026, surpassing the 2.2% consensus, driven by tax cuts and reduced tariff impacts, though warns of labor market risks #Update #Crypto $BTC
OpenAI Launches GPT-5.4 with Enhanced Capabilities
OpenAI has launched GPT-5.4, enhancing professional workloads with advanced reasoning and coding capabilities, now available on ChatGPT and API. #Update #Tech
Crypto Donations Surge for Reform UK
Nigel Farage’s Reform UK received an additional £3 million ($4 million) from crypto investor Christopher Harborne, boosting total donations to $18 million in 2025 amid potential UK crypto donation regulations. #Update #Crypto $USDT
Crypto Heist: U.S. Contractor’s Son Arrested
French authorities arrested John “Lick” Daghita, accused of stealing over $46 million in crypto from U.S. government wallets, in a joint operation with the FBI. #Breaking #Legal $ETH
OCC Expands Crypto Pipeline with ZeroHash
ZeroHash seeks OCC national trust bank charter for digital assets, joining a growing list including Morgan Stanley. Revolut pursues U.S. banking charter for crypto services. #Update #Crypto
IRS Proposes Crypto Exchanges E-Forms Rule
The IRS proposes a rule allowing crypto exchanges to deliver tax forms electronically, impacting platforms like Coinbase and Kraken. #Update #Legal
AI Firms Partner with Military by 2026
@PeterGirnus predicts all AI companies will collaborate with the military within three years, warning of potential nationalization for non-compliance. #Update #Crypto $BTC
Core Scientific Secures $1 Billion Loan
@CoreScientific secures up to $1 billion in financing from Morgan Stanley, including a $500 million loan facility to enhance data center infrastructure amid rising customer demand. #Update #Crypto
Gold Profits Fuel $47B Defense Fund
Adam Glapiński of the National Bank of Poland proposes using central bank profits for a $47B defense fund, avoiding EU loans. No gold sales planned. #Update #Crypto $BTC