Category: crypto

ETHGlobal Cannes 2026 has named 10 finalists focusing on AI agents, privacy infrastructure, and on-chain prediction markets. Projects like ENShell, DIVE, Corpus, and VEIL VPN showcase innovative approaches to these technologies. The hackathon offers substantial prizes and serves as a platform for developers to explore cutting-edge technologies.

Over $273 million in bearish crypto positions were unwound in less than 24 hours on April 6, due to reports of US-Iran ceasefire talks causing a shift in market sentiment. Bitcoin and Ethereum saw gains, with open interest rising, indicating new capital entering the market. Traders had bet on a range between $65,000 to $73,000…

China’s Cyberspace Administration ordered Apple to remove Jack Dorsey’s Bitchat from the China App Store due to regulations requiring apps with social mobilization capabilities to pass a security assessment first. Bitchat, which operates over Bluetooth mesh networks, has been widely used by protesters in various countries to bypass government shutdowns. Despite the ban, Bitchat has…

Circle’s Layer-1 blockchain Arc will launch with a post-quantum signature scheme to protect user wallets from potential quantum computing threats. The USDC issuer warns that quantum computing capabilities could arrive by 2030, with adversaries possibly already stockpiling encrypted data for later decryption. The blockchain has been on testnet since October 2025, using USDC as the…

Algorand’s ALGO token saw a 50% increase in April, reaching $0.126, with its market cap surpassing $1 billion. Google’s quantum AI paper cited Algorand as a benchmark for post-quantum blockchain security, leading to the token’s surge. Other factors contributing to the rise include regulatory clarity, new partnerships, and increased derivatives trading.

Canton Network, an institution-first blockchain, is challenging Ethereum’s open ethos in the realm of tokenized finance. Major banks are already using Canton, raising questions about the future of blockchain technology. The debate also highlights the tension between privacy-gated chains like Canton and open networks like Ethereum.

Prediction markets such as Polymarket and Kalshi have rapidly grown to become a major sector in finance, with nearly $24 billion cleared monthly. These markets are attracting AI bots, Wall Street capital, and new CFTC regulations, bringing them into the mainstream financial world. Regulatory attention and institutional interest are increasing, indicating a shift towards traditional…

ProPublica’s investigation warns that the federal government is hastily adopting AI tools from major tech companies, repeating the same mistakes made during the rush into cloud computing a decade ago. Lessons include the risks of free tech deals, lack of oversight resources like FedRAMP, and conflicts of interest in third-party auditing firms.

U.S. stocks closed slightly higher on Monday, with the Dow up 0.36%, the S&P 500 up 0.45%, and the Nasdaq up 0.5%. AMC Entertainment surged 12%, MicroStrategy gained 6%, while Chinese ADRs underperformed. Meme and crypto-sensitive names saw sharp movements, highlighting stock-level volatility as investors reassess earnings, rates, and geopolitical risks.

Chinese AI tracking firms linked to the People’s Liberation Army are using publicly available data to create detailed intelligence reports on US military movements during the Iran war. The firms, MizarVision and Jinghan Technology, utilize satellite imagery, flight tracking, and maritime data processed through AI tools. The US government has taken steps to limit access…