Senate negotiators have reportedly proposed revised ethics language for the CLARITY Act that would let state authorities enforce restrictions on federal officials’ crypto activities as bipartisan talks continue before the August recess. Summary Senators Thom Tillis and Ruben Gallego have reportedly proposed new CLARITY Act ethics rules that would allow state authorities to enforce restrictions…
As the generative AI boom drives steep demand for hardware components, Apple and other hardware makers are facing what outgoing CEO Tim Cook calls “a hundred-year flood [on] memory pricing,” which is severely impacting the cost of producing iPhones, MacBooks, and other devices. Apple described its recent earnings report as its “strongest June quarter ever,”…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For decades, dealing with government agencies in the Philippines meant taking a day off work, filling out identical paper forms, and standing in long queues under humid tents just to prove who you are, over…
Another Friday has rolled around, and this one is the last of the month, meaning a much bigger Bitcoin and Ethereum options expiry event. Around 149,000 Bitcoin options contracts will expire on Friday, July 31, with a notional value of roughly $9.57 billion. This expiry is much larger than usual events, being the end…
Google’s next flagship smartphones are almost here, but not everything you’ve read about the Pixel 11 carries the same weight. The tech giant has confirmed it will unveil the Pixel 11 lineup during its Made by Google event on Aug. 12. Ahead of that announcement, reporting from various outlets has helped fill in many of…
Key Takeaways Aave plans to exit six chains and remove 71 markets covering $98.1M in deposits. Aave’s $14.5B scale shows DeFi is prioritizing revenue over low-use expansion. Aave will shift resources to larger markets and securities finance after six network exits. Aave Plans 50 Asset Removals as Multichain Costs Rise Aave is pruning its sprawling…
U.S. Senate Minority Leader Chuck Schumer introduced the Anti-Corruption Bureau Creation Act on July 30, proposing a federal agency with authority to investigate and pursue executive-branch corruption. Summary Seven Senate-confirmed members would lead the proposed bureau, with subpoena, enforcement and reporting powers nationwide. Trump’s certified disclosure entries totaled over $1.4 billion across crypto-related ventures during…
The Moon is now entering the next stage of its cycle after reaching its Full Moon phase, gradually losing some of its illumination each night as we begin to head towards the New Moon. Keep reading to see what you can still spot on its surface tonight. What is today’s Moon phase? As of Friday,…
An ascent to $9 or further crash to $0.50: what comes next for ICP? Many leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), are currently trading far below their historic peaks, yet none of these declines compares to the massive crash that Internet Computer (ICP) has suffered. Despite the bloodbath, several analysts…
Anthropic disclosed on Thursday that its AI models gained unauthorized access to the systems of three different unnamed organizations during cybersecurity testing. The company says Claude reached the internet “from within or while interacting” with a third-party evaluation environment. The announcement comes more than a week after OpenAI revealed that one of its AI agents…
