SBF Appeals Supreme Court $11B Forfeiture
Former FTX CEO Sam Bankman-Fried has appealed to the US Supreme Court to overturn his fraud conviction and an $11 billion forfeiture, claiming trial evidence was improperly excluded. #Update #Legal
Crypto News
General category for all types of news related to the cryptocurrency world.
US Dollar Stablecoins Risk Denmark Economy
Danmarks Nationalbank warns global stablecoins like $USDT and $USDC pose risks to Danish liquidity despite low local use, partnering with ECB to maintain central bank money in tokenized systems. #Update #Crypto $USDT
Goodwood Shocker 97% Favorite Loses
Najidi Storm loses at 1-33 odds, becoming the shortest-priced loser in British racing history. Major sportsbooks report net losses due to unexpected winner Wreck It Ronnie. #Update #Sports
Magnets Form 1,500-Strong Radiation Shield
Sapienza University and GSI Helmholtz propose a 1,500-magnet panel to shield astronauts from solar protons without power, costing $35,000. Lab tests planned. #Update #SpaceTech
Mastercard Launches Wallet Pay for 4.3B Users
Mastercard launches Wallet Pay, connecting digital wallets to its network for contactless, QR, online, and cross-border payments in 200+ countries. #Update #Fintech
AI Robots Could Double Global Economy
Elon Musk predicts AI and robots could more than double the global economy in less than 10 years, impacting employment and production. #Update #Tech
Senate to Advance Clarity Act Vote
Treasury Secretary Scott Bessent urges Senate to advance the CLARITY Act, H.R. 3633, emphasizing regulatory and national security priorities ahead of Tuesday’s procedural vote. #Update #Legal
DeepSeek Surges to 1.4% GPT-6 Cost
DeepSeek’s V4.1 Flash nearly matches GPT-6 Astra’s design score at just 1.4% of the cost, activating only a fraction of its parameters for efficiency. #Update #AI
Senate Republicans Launch Revised Clarity Act
Senate Republicans release revised Clarity Act requiring non-decentralized crypto protocols to register with CFTC; procedural vote set for September 15. #Update #Legal
Digital Assets Strategy Approved by UK Lords
The UK House of Lords approved a digital asset strategy amendment to the Financial Services and Markets Bill with a 194–138 vote, despite Labour’s opposition. The bill will now return to the House of Commons. #Update #Crypto $BTC
Regulator Questions Polymarket Kalshi EU Access
ESMA warns that event contracts from @Polymarket and @Kalshi may violate EU binary-options bans or national gambling laws, raising concerns over regulatory gaps in their EU operations. #Update #Legal $BTC $ETH
OKX Launches OpenAI and Anthropic in Europe
@OKX introduces up to 10x leverage on private-company valuations, launching trading for 100 tokenized stocks and ETFs in Europe as pre-IPO interest rises. #Update #Crypto $BTC $ETH
AI Bots Battle: Altman Musk Zuckerberg Clash
Kun Chen used @SpaceXAI’s Grok Bot to create AI chatbots of Sam Altman, Elon Musk, Dario Amodei, and Mark Zuckerberg, leading to debates on AI risks and ethics. #Update #AI
Crypto Tax Rules Change in Germany 2027
Germany’s government plans to implement new crypto tax reforms starting Jan. 1, 2027, taxing profits from assets acquired after Dec. 31, 2026, regardless of holding period. #Update #Crypto $BTC $ETH