Category: crypto
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AI model audits need a ‘trust, but verify’ approach to enhance reliability
The article discusses the challenges of reliability in AI models and the importance of AI model audits in critical sectors like healthcare and finance. It highlights the need for a ‘trust, but verify’ approach to enhance accountability and compliance in the AI industry. The article also emphasizes the continuous evaluation and verification of AI models…
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Conor McGregor takes talk of an Irish Bitcoin strategic reserve to the public
UFC superstar Conor McGregor has endorsed the idea of an Irish Bitcoin strategic reserve, sparking debate about the country’s financial future. Proponents argue that holding Bitcoin alongside traditional assets can hedge against inflation and diversify national portfolios. McGregor’s support could influence decision-makers and bring the conversation into the mainstream.
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Spain demands tighter bank oversight, fuels Bitcoin appeal
Royal Decree 253/2025 in Spain requires banks and fintechs to report cash movements over €3,000, not individuals. The penalty of up to €150,000 applies to institutions failing to report, not private savers. The new rules increase financial transparency and align with EU anti-money laundering efforts, potentially boosting interest in cryptocurrencies.
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Spot Bitcoin ETFs set lifetime flow record at $40.3B as price recovers
Spot Bitcoin ETFs in the US hit a new all-time high of $40.3 billion in lifetime flows on May 8. This surge was driven by strong net flows and price recovery of Bitcoin. BlackRock’s IBIT dominated the market with nearly 92% of net flows, while Fidelity’s FBTC followed with 4.4%. This growth in ETF flows…
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BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules
BlackRock met with the SEC Crypto Task Force to discuss regulatory issues related to crypto, including tokenization and staking. They reviewed digital asset offerings such as the iShares Bitcoin Trust and solicited input on regulatory compliance as the market matures. BlackRock also discussed incorporating staking features into ETPs and requested feedback on tokenization within existing…
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Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth
Ark Invest CEO Cathie Wood believes the US economy is transitioning into a period of productivity-led growth fueled by AI, digital assets, and automation. She sees AI and automation reducing costs, boosting output, and controlling inflation. Wood also foresees Bitcoin and Tesla playing key roles in this economic transformation, with Ark maintaining long-term bullish price…
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PumpSwap hits $100M in TVL as memecoin launchpads see resurgence
PumpSwap, a DEX launched by Solana-based memecoin factory Pump.fun, has reached $100 million in total value locked just 50 days after its debut. The platform has seen significant growth in daily activity and trading volume, defying predictions of the memecoin sector’s collapse. This growth coincides with a resurgence in memecoin trading, with top tokens posting…
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Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase
Rumble, a video-sharing platform supporting alternative media voices, is developing a crypto wallet expected to launch in the third quarter of this year. The wallet will be non-custodial, tailored for creators, and will focus on Bitcoin and stablecoin storage. Rumble’s increasing presence in the digital asset space includes a recent Bitcoin acquisition and a $775…
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Gemini secures license to expand EU crypto derivatives offerings
US-based Gemini has received a MiFID II license from the MFSA in Malta, allowing them to offer regulated crypto derivatives in the EU and EEA. They plan to offer select derivatives to advanced users and are working towards a full-scale launch. This move is part of Gemini’s 2025 European expansion strategy.
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Metaplanet issues another $21M in bonds to fuel Bitcoin purchases
Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 million for additional Bitcoin purchases. The bonds have a face value of $625,000 each and will be redeemed in full by Nov. 7, 2025. Metaplanet aims to accumulate 10,000 Bitcoin by the end of the year and has become the largest public Bitcoin holder in…