Schwartz argues that AI regulations could determine not only what systems produce but also how they can be used. David Schwartz, Ripple’s CTO emeritus, has warned that government rules around AI safety and copyright could give authorities unprecedented control over political and social speech. His argument centers on who gets to decide what AI…
Stripe confirmed on Wednesday that it was buying OpenRouter. While the company didn’t disclose the deal price, sources told the New York Times that it paid $7.5 billion. That’s a huge step up from OpenRouter’s $1.3 billion valuation in May. To put that price in context, the founders alone will reportedly receive $1.5 billion from the…
Key Takeaways Trump said his administration ended the “war on crypto.” Officials have discussed acquiring more bitcoin, Trump said. Industry executives urged senators to advance the CLARITY Act. Trump Says His Administration Ended the War on Crypto President Donald Trump convened executives from cryptocurrency platforms and traditional financial institutions on Aug. 19, placing digital asset…
China could soon disappear from Google’s Pixel manufacturing map. The company reportedly plans to move production of all Pixel phones, smartwatches, and wireless earbuds out of China starting in 2027. Nikkei Asia reported that Google has told suppliers to prepare for the shift, with Vietnam and India expected to take on the work. Google has…
Bitcoin’s long-term appeal remains intact, according to BlackRock, despite forced liquidations, weaker ETP flows and competition from AI-themed investments. BlackRock said Bitcoin’s more than 50% decline from its all-time highs in October 2025 to its mid-2026 lows has not changed its long-term investment case. In its latest report, the asset manager attributed the sell-off…
At a glance: GTA VI will be a PlayStation 5 and Xbox Series X/S console exclusive at launch, with no confirmed PC release date. Given Rockstar’s history, a PC port seems likely to arrive eventually, but PC gamers should brace for a wait that could stretch well into 2027 or beyond. The highly anticipated Grand…
Key Takeaways Driven by a $4B Treasury buyback news, ETH surged past $2,000 on Aug. 19 to an intraday peak of $2,112. The market rally pushed altcoins past $1T cap, with ZEC jumping 9% to $557 alongside gains in XRP and SOL. Analyst Michaël van de Poppe eyes targets up to $2,900, noting higher highs…
Bitcoin price surged past $68,000 late Wednesday as a break above crowded liquidation levels forced short sellers to buy back positions, turning a gradual recovery into a one-minute price spike of roughly 4%. Summary Bitcoin price jumped from below $65,000 to a high near $69,500 before settling around $68,500. More than $1 billion in crypto…
Last week, I ventured a whopping 15 minutes from my house to see robots do some mind-boggling, jaw-dropping stuff. I visited the Cambridge, Massachusetts, offices of a startup called Generalist AI, where I watched robot arms perform simple chores like stacking cups, putting blocks into bowls, and the like. I was astonished by how quickly…
The SEC proposed a new framework that would let qualifying crypto projects raise up to $75 million in a single 12-month period without completing a full securities registration. Called Regulation Crypto Assets, the proposal marks the agency’s first attempt at building a purpose-built fundraising lane for token issuers. Here is the tension worth tracking: this…
