China’s DeepSeek Upgrades V4 Pro: Claude Fable Is Only 5% Better at 4,500% the Price

The April preview got benchmarked to death and landed 18 points behind Anthropic’s flagship. DeepSeek’s own numbers for the finished model tell a very different story.

SpaceXAI Wants Grok Bot to Do Your Job—But It Needs Access to Your Accounts

The AI agent can navigate workplace software and coordinate with other bots, raising questions about security and control.

Bitcoin Flashes Bottom Signals as “Digital Gold” Narrative Returns

Bitcoin Magazine Bitcoin Flashes Bottom Signals as “Digital Gold” Narrative Returns Has Bitcoin bottomed out? Data shows it might have. This post Bitcoin Flashes Bottom Signals as “Digital Gold” Narrative Returns first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Goldman Sachs' $2.25B NEOS Deal Hands It Ready-Made Bitcoin Income ETF Business

The cash-and-equity deal for the options-income specialist folds in NEOS's roughly $1 billion Bitcoin covered-call fund, giving Goldman instant scale in a crypto ETF niche it had only just entered on paper.

Kraken adds S&P 500 to funded trading program, commodities to follow

Kraken’s funded trading program adds round-the-clock exposure to the US equity benchmark as it builds out its multi-asset offering.

After Coldcard Was Hacked, $15 Billion in Bitcoin Moved to Safety

Casa CEO Nick Neuman says the mass Bitcoin migration after the $130M Coldcard exploit proves distributed self-custody is Bitcoin's immune system—not its vulnerability.

Bitwise cuts 14% of staff while still expecting growth

Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI and market forces.

Zoomsday: AI Used to Build Critical Zoom Exploit in One Day

The flaws could let someone in a meeting take control of another participant’s device without the victim clicking anything.

Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout

The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according to an analyst.

Fidelity Files to Let Its Ethereum ETF Stake and Pay Investors

The Boston asset manager's FETH would stake up to 100% of its ETH and distribute the rewards to holders as quarterly cash, pending SEC approval.

OCC Says It’s ‘Open for Business’ as Crypto Firms Line Up for Bank Charters

Bitcoin Magazine OCC Says It’s ‘Open for Business’ as Crypto Firms Line Up for Bank Charters Top crypto companies have received conditional approval from the U.S. federal banking regulator. This post OCC Says It’s ‘Open for Business’ as Crypto Firms Line Up for Bank Charters first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

FlightAware drops Kalshi lawsuit one day after filing

Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight cancellation data.

Bank of England tests stablecoin, digital pound interoperability in cross-border payments

The Digital Pound Lab is testing a cross-border trade finance flow combining stablecoin payments with simulated digital pound settlement.

Wintermute plans $1 billion AI push beyond crypto: Bloomberg

The firm aims for non-crypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business.

Solana platform taps prediction market Kalshi for Wall Street-style high-speed data feed

Solana-based DoubleZero looks to meet institutional demands by adding prediction market Kalshi’s order book to its low-latency market data feed.

HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin

HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s regulated stablecoin market takes shape.

XRP Bridge Drained After Software Treats Fake Deposits as Real

A flaw that went undetected during multiple audits allowed an attacker to create unbacked balances and withdraw XRP from the bridge’s reserves.

Crypto-Backed Loans, Explained: How to Unlock Cash Without Selling Your Bitcoin

A fixed-rate crypto-backed loan lets you borrow against BTC, ETH, or SOL while keeping your coins. Here's how they work.

Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases

Bitcoin Magazine Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases Bitcoin's price was largely flat on news that US inflation was subdued in July. This post Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Why Bitcoin Barely Moved Even as US Inflation Cools to 3.4%

The tamest U.S. inflation print in months left crypto markets flat, with Bitcoin shrugging off the data hit. Here's why.

Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%

Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.

Miden bets on privacy stablecoins with introduction of USDCx

USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.

Crypto Long & Short:

In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong place, trapped by settlement cycles while risk reprices by the minute. She makes the case that stablecoins and tokenization are quietly becoming the plumbing that lets money move as fast as the risk it supports.

A Routing Bug Took Solana 86% of the Way to Losing Finality

A malformed default route at a single hosting provider took almost 29% of staked SOL offline, against a 33% threshold.

Kalshi Adds Real-Time Market Data Feed Through DoubleZero

The service gives trading firms access to Kalshi’s sports and crypto order books over DoubleZero’s fiber network.

Kalshi launches sports and crypto perps data feed on DoubleZero

Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster institutional data access.

Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance says

Slovenia joins EU’s MiCA stablecoin register with first issuer

Slovenia entered the EU’s MiCA stablecoin register through electronic money institution Dinaro, as the update also added two new CASPs.

El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’

Five years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for Bitcoin’s global profile.

Wintermute to pour $1B in AI, high-frequency trading amid TradFi expansion: report

Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance.