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Tim Draper Says Apple and Meta Should Hold Bitcoin Amid Fiscal Risks
Tim Draper said Apple and Meta should hold Bitcoin, arguing that continued government spending could lead to hyperinflation or interest rates high enough to break banks, Bitcoin Magazine reported.
Circle Puts USDC in the Spotlight Through Chelsea Sponsorship
Circle is promoting USDC through a Chelsea shirt sponsorship, bringing the dollar-pegged stablecoin greater visibility. USDC is designed to remain worth one dollar, so its appeal is stability rather than price appreciation.
JPMorgan and Citi Keep Tokenized Deposits Within Their Own Networks
JPMorgan and Citi have processed billions in tokenized deposits within their own branch networks, while a U.K. challenger bank is preparing a move beyond the model used by both Wall Street firms, CoinDesk reports.
OpenAI Reports Progress on Another $1 Million Millennium Prize Problem
OpenAI says it has made substantial progress on a second Millennium Prize mathematics problem but has not revealed which one. The announcement follows a disputed claim involving the Navier-Stokes problem, which carries a $1 million prize.
Chainflip to Reset TRON USDT Provider Balances After $736,000 Exploit
Chainflip plans to reset TRON-based USDT provider balances to zero after a $736,000 exploit. Providers retain separate on-chain records of amounts owed, but the protocol has not announced a repayment timeline.
Bitcoin’s Quantum Dilemma Puts Coin Freezes Under Debate
Bitcoin Magazine’s Quantum Issue features Jameson Lopp’s essay on whether Bitcoin should freeze coins vulnerable to quantum computing, highlighting the contentious social and governance decisions such an intervention could create.
Cato Warns an AI Pause Could Strengthen Dominant Firms
Cato says a broad AI pause could entrench dominant companies instead of improving safety. The think tank favors voluntary safeguards, while Block Chairman Jack Dorsey supports independent testing and narrowly justified restrictions.
Billions Co-Founder Warns AI Agents Could Expand Digital Identity Risks
Billions CEO Evin McMullen warns that infrastructure for billions of AI agents could reproduce existing digital “honeypots,” emphasizing that compromised identity data may be irreversible even when a stolen cryptocurrency asset can potentially be returned.