Client loses $500M on Claude due to uncapped AI usage
The incident underscores the critical need for robust AI governance and cost management to prevent financial disasters in enterprise settings. The post Client loses $500M on Claude due to uncapped AI usage appeared first on Crypto Briefing....
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Gemini launches AI-powered Command Center for predictions platform
Gemini’s AI integration could reshape prediction markets by enhancing user engagement and liquidity, but it also poses risks of over-reliance. The post Gemini launches AI-powered Command Center for predictions platform appeared first on Crypto Briefing....
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Dell stock surges to record high amid AI-driven earnings beat
Dell’s AI-driven growth highlights the escalating demand for AI infrastructure, impacting tech sectors and posing supply chain challenges. The post Dell stock surges to record high amid AI-driven earnings beat appeared first on Crypto Briefing....
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Gold holds gain as US-Iran truce hopes calm inflation fears
The tentative US-Iran truce could stabilize global markets, easing inflation fears and impacting commodities and cryptocurrencies alike. The post Gold holds gain as US-Iran truce hopes calm inflation fears appeared first on Crypto Briefing....
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Kalshi sues Minnesota over prediction market ban
Kalshi has sued Minnesota to block the state’s prediction market ban set to take effect on August 1. Kalshi has filed a federal lawsuit against Minnesota to block the state’s new prediction market ban. The law would make running an…...
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June Deadline Looms For Crypto Firms—France Warns Of Blacklists And Lawsuits
France’s top markets regulator is issuing increasingly direct warnings to crypto firms ahead of a fast-approaching European Union (EU) deadline for licensing, Reuters reported on Thursday. Under the EU’s Markets in Crypto-Assets (MiCA) framework, crypto rules are tightening across the European Union for the issuance, trading, and custody of...
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Google Engineer Accused of Turning Secret Search Data Into a $1.2M Polymarket Profit
US prosecutors have charged Google software engineer Michele Spagnuolo, also known online as ‘AlphaRaccoon,’ with allegedly using confidential internal Google search data to profit roughly $1.2 million through bets placed on prediction market platform Polymarket. According to a criminal complaint unsealed in the Southern District of New York, Spagnuolo...
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Solana open interest drops 30% as altcoins slump: Is $68 SOL next?
Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows....
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Solana App Economy Sees Significant Upside Momentum As Cumulative Revenue Surges
Solana’s network growth has not been defined by its price action over the past few months as its ecosystem expands in the face of this unfavorable environment. Activity on the leading network is picking up pace at a significant rate, recording billions of dollars in app revenue in the...
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Ripple CEO Says Voters, Trump Defeated The ‘Anti-Crypto Army’
After years of regulatory pressure, Ripple’s CEO has affirmed that US President Donald Trump and voters have beaten the last administration’s broader, “nonsensical crackdown on the crypto industry.” US Anti-Crypto Era Is Over? On Thursday, Ripple CEO Brad Garlinghouse criticized the previous US administration’s anti-crypto campaign, which targeted the...
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