Crypto News
See the market, related assets, source and summary before opening a story so you can focus on what matters.
Crypto
17 stories in this section
August Core CPI Rises 0.3% Faster Than Forecast, Raising Fed Rate-Hike Risk
August core CPI rose 0.3%, faster than forecast, heightening concern that inflation remains too persistent and raising the possibility of a Federal Reserve rate hike. The report carries added significance after Kevin Warsh’s recent warning.
Bitcoin Surrenders Early Gains as Markets Price in Multiple Rate Hikes
Bitcoin reversed its early advance as markets priced in multiple rate hikes after August core CPI rose 0.3% monthly. Annual core inflation was 2.4%, matching forecasts and reaching its slowest pace since early 2021.
SEC Opens 15% Flexibility Window for Bitcoin-Heavy Trusts
The SEC has given qualifying Bitcoin-heavy trusts a 15% window to move beyond existing listing rules through a faster generic route. Derivatives counted at gross notional value could quickly use the available flexibility.
Terence Tao Warns AI Is Solving Mathematics’ Hardest Problems Faster Than New Ones Emerge
Fields medalist Terence Tao says AI is advancing through difficult mathematical problems at a pace that may outstrip the creation of new challenges, citing competition between OpenAI and Anthropic.
OpenAI’s Navier-Stokes Claim Sparks Dispute Over Credit for $1M Math Problem
NYU mathematician Tristan Buckmaster accuses OpenAI’s Sébastien Bubeck of claiming credit for a Navier-Stokes proof after learning about unpublished work Buckmaster conducted with Anthropic’s Levent Alpöge.
Liquid Network investigation points to transaction-validation cache failure in $320 million Bitcoin incident
Researchers say an alleged flaw in Liquid’s transaction-validation cache may explain how unbacked tokens were created and redeemed for real Bitcoin in an incident involving roughly $320 million. Deployment timing has also drawn scrutiny.
Kalshi US Traffic Jumps More Than 1,500% as Sports-Contract Scrutiny Intensifies
Kalshi’s US web traffic climbed more than 1,500% in under a year, while trading volume grew faster. The surge comes as legal scrutiny of the platform’s sports contracts intensifies, Cointelegraph reported.
Crypto groups ask SEC for tailored rules on novel ETFs
Grayscale, a16z and the CCI are asking the SEC to preserve existing classification rules for novel ETFs and avoid treating all new exchange-traded products as one category, while suggesting routes to faster, clearer reviews.
Firelight Raises $8 Million to Extend DeFi Protection Beyond XRP
Firelight raised $8 million to expand its DeFi protection protocol beyond XRP. The project aims to help fintechs and investors recover losses from hacks while enabling XRP, bitcoin and XLM holders to earn yield by backing coverage.
AI Data Centers Adopt an Efficiency Lesson from Bitcoin Mining
CryptoSlate says AI data centers are adopting a power-management lesson associated with Bitcoin miners. AI computing relies on electricity, generates substantial heat and requires heavy-duty cooling as services scale to millions of users.
Solana’s Faster Disinflation Plan Leads Vote as $800K Burn Proposal Trails
All three Solana governance proposals have cleared quorum. A plan to slow new SOL issuance is narrowly leading, while an $800,000 burn proposal remains below the two-thirds support required for approval.
Dallas Fed Economists Warn Tokenized Deposits Could Increase US Credit Costs
Dallas Fed economists said tokenized deposits could make bank funding less stable, potentially leading lenders to use more expensive financing and raising US credit costs. The comments were reported by Cointelegraph.
Programmable AI Deposits Could Pressure Banks to Raise Loan Rates
CryptoSlate’s sensitivity case says faster, programmable switching in AI-enabled deposits could reduce banks’ interest-rate capacity over 10-year equivalents and potentially pressure banks to charge higher rates on everyday loans.
Strategy’s MSTR outpaces Bitcoin’s recovery as STRC approaches $100
Bitcoin briefly moved above $80,000, restoring Strategy’s treasury to profit. MSTR outperformed the cryptocurrency during the rebound, while STRC advanced toward $100 as Treasury buyback plans eased yield pressure and weakened the dollar.