Fenwick denies claims it was key to the multibillion-dollar FTX fraud
Fenwick & West, a law firm once contracted by FTX, has asked a judge to toss a proposed lawsuit that claims it was key to the exchange’s fraud. Law firm…
Bitcoin trend reversal to $118K or another drop to $105K: Which comes first?
Bitcoin traders have been buying all the dips but BTC is still stuck in a downtrend. Here’s why. Key takeaways: Retail traders are aggressively buying BTC price dips in spot…
Criminals are ‘vibe hacking’ with AI at unprecedented levels: Anthropic
AI company Anthropic warns its AI chatbot Claude is being used to perform large-scale cyberattacks, with ransoms exceeding $500,000 in some cases. Despite “sophisticated” guardrails, AI infrastructure firm Anthropic says…
Google Cloud Launches Universal Ledger to Accelerate Payments Innovation
After a year of explosive stablecoin growth, Google Cloud has unveiled its Universal Ledger (GCUL), a programmable, compliance-ready platform designed to modernize payments and digital asset settlement for banks and…
Ethereum by the Numbers: Network Fees Stay Low as Onchain Use Holds Steady
As August winds down, readings on Ethereum’s supply, fees, throughput, holders and overall price point to a week with positive net issuance, steady onchain use, and relatively low transaction costs.…
USDC Gains Ground in Banking as Circle Teams up With Finastra for Global Transfers
A major leap in global finance is underway as USDC settlement integrates into banking infrastructure, unlocking faster, cheaper international payments without disrupting existing fiat systems. Circle and Finastra Forge Alliance…
Data Shows Sustained Slide in Lightning Network Capacity, Channels Through 2025
Lightning Network data reveals a clear pullback in both capacity and channel count over the past year. As activity thins out, the network is showing stronger pockets of centralization—clustered around…