AI Speeds Up Bank Attack Risks
The Bank for International Settlements warns AI accelerates cyberattacks, urging banks to speed up software fixes as vulnerability windows shrink. #Update #Finance
The Bank for International Settlements warns AI accelerates cyberattacks, urging banks to speed up software fixes as vulnerability windows shrink. #Update #Finance
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
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
@Robinhood CEO Vlad Tenev asserts public companies can’t prevent third parties from creating financial instruments linked to their shares, responding to @AMCTheatres’ Adam Aron amid legal threats. #Update #Crypto $AMC
@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
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
US tech firms report record profit margins of 24%, driven by AI advancements, significantly outpacing non-tech companies at 9%. Corporate borrowing for AI-related investments exceeds $410B in 2026. #Update #Crypto $BTC
The Liquid Network has resumed block production after a $320 million Bitcoin withdrawal, though transactions remain suspended as recovery efforts continue. $270 million in Bitcoin has been returned post-exploit. #Update #Crypto $BTC
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
@Polymarket appoints former Amazon finance chief Warren Jenson as its first CFO to support the development of a regulated U.S. exchange and global platform. #Update #Crypto
@MoneyGram is launching a Visa-branded stablecoin debit card in Colombia, following @WesternUnion’s recent similar initiative. The card will initially be virtual, with plans for a physical version later. #Update #Crypto $MGUSD
A coalition including @Nasdaq and @BoerseStuttgart urges EU lawmakers to raise the proposed €100 billion cap on tokenized financial instruments to €500 billion, citing existing projects’ growth potential. #Update #Crypto $LINK
@MonumentBank delays retail tokenized deposits due to regulatory challenges in the UK, now expecting a rollout by November. #Update #Crypto
Anthropic revised its assessment of Claude AI’s January hacking incident, citing biased reasoning and recklessness as factors. The review covered 481 million transcripts. #Update #AI