U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins....
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BlackRock Bitcoin SURGE: Unlocking $12 Trillion of Investment Money into Crypto
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Microsoft and Oracle cloud infrastructure leasing talks reportedly fall through
The failed leasing talks may slow infrastructure expansion, impacting both companies’ growth strategies and competitive positioning in cloud services. The post Microsoft and Oracle cloud infrastructure leasing talks reportedly fall through appeared first on Crypto Briefing....
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Mistral AI models score below 40% in detecting Russian propaganda, new benchmark reveals
Mistral AI’s poor performance in propaganda detection could hinder its funding efforts and challenge the viability of open-source AI models. The post Mistral AI models score below 40% in detecting Russian propaganda, new benchmark reveals appeared first on Crypto Briefing....
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OpenAI’s 2025 financials reveal $13B revenue, $34B costs ahead of planned IPO
OpenAI’s financial trajectory highlights the challenges of scaling AI innovation sustainably, with significant implications for future investors. The post OpenAI’s 2025 financials reveal $13B revenue, $34B costs ahead of planned IPO appeared first on Crypto Briefing....
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Kraken’s FIFA World Cup sponsorship marks crypto’s biggest sports moment yet
Kraken’s sponsorship highlights crypto’s growing influence in sports, potentially reshaping fan engagement and financial models globally. The post Kraken’s FIFA World Cup sponsorship marks crypto’s biggest sports moment yet appeared first on Crypto Briefing....
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Coinbase Advisor becomes one of the first SEC-registered AI investment advisors
Coinbase’s AI advisor could democratize investment advice, challenging traditional wealth management and testing regulatory frameworks. The post Coinbase Advisor becomes one of the first SEC-registered AI investment advisors appeared first on Crypto Briefing....
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Circle CEO Jeremy Allaire argues SEC is not suitable regulator for stablecoins
The GENIUS Act’s banking-style oversight for stablecoins may reshape market dynamics, pressuring competitors to enhance compliance or risk exclusion. The post Circle CEO Jeremy Allaire argues SEC is not suitable regulator for stablecoins appeared first on Crypto Briefing....
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Bank of America survey finds 80% of fund managers view semiconductors as most crowded trade
The overwhelming consensus on semiconductors as a crowded trade suggests potential volatility and risk of sharp market corrections. The post Bank of America survey finds 80% of fund managers view semiconductors as most crowded trade appeared first on Crypto Briefing....
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Russia’s fossil fuel export revenues rise to €726M per day in May as crypto stablecoin quietly powers sanctions evasion
Russia’s increased fossil fuel revenues and stablecoin use highlight the challenges of enforcing sanctions and the potential for regulatory shifts. The post Russia’s fossil fuel export revenues rise to €726M per day in May as crypto stablecoin quietly powers sanctions evasion appeared first on Crypto Briefing....
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