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TRM Labs doubled its valuation to $2 billion in a Series C expansion, Cointelegraph reported. The blockchain intelligence firm also said annual recurring revenue has quadrupled in three years as its AI-powered investigations business expands.
Ethereum’s institutional staking activity is growing, but Lido captured just 5.7% of first-half staking growth. CryptoSlate also pointed to NEST’s negative budget as evidence that deposits alone cannot fund purchases.
Bitcoin and Ethereum’s quantum-security planning is converging with a U.S.-backed $300 million hardware push. CoinDesk says the current threat is not immediate, but both timelines increasingly point toward 2029.
Bitcoin slipped as Treasury yields moved higher after a Treasury buyback announcement, while the Japanese yen extended its rally and briefly strengthened past 153 per U.S. dollar, CoinDesk reported.
Anthropic researcher Coxon resigned after saying on X that AI developers seriously believe the technology could kill humanity before the end of the decade. CoinDesk reported the warning, without detailing a company response or market impact.
Hunter Biden defended the LAPTOP token ahead of its Wednesday launch, saying it represents “resilience, redemption and recovery” and will distribute coins to nearly one million wallets that lost money on TRUMP.
U.S. agencies have accused Moonshot, the Chinese company behind Kimi, and five other Chinese AI firms of systematically extracting capabilities from American models. Kimi had rattled markets earlier this year, according to CoinDesk.
Visa is incorporating onchain credit into its stablecoin card business while combining VisaNet settlement data with blockchain lending. Cointelegraph reports that stablecoin payment volume on Visa’s network has risen nearly 200% year over year.
Visa wants blockchain lenders to use VisaNet data to extend credit to stablecoin issuers. Its stablecoin settlement volume has surpassed a $20 billion annualized run rate, up 15 times year over year.
Middle East crypto activity has tripled to $350 billion during the ongoing Iran conflict, the Bitcoin Policy Institute says, citing stronger demand for digital assets and continued Gulf business operations despite disruption.
Hunter Biden is launching LAPTOP, a Base-based memecoin aimed at TRUMP holders. Nearly one-third of its supply could be burned if specified political and market outcomes occur, including a Democratic win in 2028.
