Tag: Doge

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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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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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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