Tech
Apple Sues OpenAI, Claims Former Employees Stole Trade Secrets
Apple has sued OpenAI and two former employees, accusing the ChatGPT maker of using stolen trade secrets for its consumer hardware efforts.
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Democrats Call for Senate Hearings on Trump's Massive Crypto Profits
Democratic senators are calling for congressional hearings into President Donald Trump’s crypto holdings after new financial disclosures revealed they generated over $1.2 billion in income for him last year.
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Kraken to overhaul app with AI investing assistant
The redesigned app will use AI to recommend trades and tailor investing tools around users' financial goals as Kraken expands into broader financial services.
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Senate Democrats call for hearings into Trump’s ties to crypto amid CLARITY Act discussions
Five senators called for committee hearings to investigate US President Donald Trump’s policies potentially being influenced by crypto funding from United Arab Emirates-linked and other entities.
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New Hampshire council votes down $100M Bitcoin bonds
State representative Keith Ammon said the New Hampshire executive council's vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure.
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Backpack joins race for 24/7 stock markets with tokenized equities
The launch comes as tokenized stocks become one of the fastest-growing corners of crypto, with exchanges and traditional finance firms racing to expand 24/7 trading.
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U.S. government digital dollar set to be banned tonight under housing law's CBDC limit
The crypto industry's long animosity toward the idea of a U.S. central bank digital currency (CBDC) will be rewarded with a ban under the housing bill set to pass into law in the first moment of Saturday.
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Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs
Days after announcing the largest restructuring in Xbox history, CEO Asha Sharma has joined a Federal Reserve task force examining how artificial intelligence and other emerging technologies could reshape jobs, producti…
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MiCA licensing only the beginning as crypto custodians face scrutiny
A MiCA license allows crypto firms to operate in the EU, but the ESMA’s review will test whether custodians can meet the required security and resilience standards.
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Circle Stock Jumps as Stablecoin Issuer Wins Final Federal Banking Charter Approval
Circle has received final approval to establish a national trust bank from the U.S. Office of the Comptroller of the Currency, a move that’s set to shift the stablecoin issuer’s operations from a patchwork of state-by-s…
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Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
Hyundai, the world’s third-largest carmaker by vehicle sales, moved a stablecoin-based, cross-border, internal remittance system into production readiness on the Avalanche blockchain, becoming the first major South Kore…
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Trump Won't Sign Housing Bill With CBDC Ban—Will It Become Law Tonight Anyway?
President Donald Trump said Thursday he will not sign a bipartisan housing bill that includes a multi-year ban on the issuance of a U.S. central bank digital currency, or CBDC.
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Crypto Biz: How stablecoins found their niche
Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight crypto’s evolving financial landscape.
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A16z’s Andreessen lands Federal Reserve role as AI reshapes policy debate
The Fed named a16z co-founder Marc Andreessen to co-lead an AI productivity and jobs task force under Chair Kevin Warsh’s policy review.
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US charges prisoner over alleged laundering of seized Kraken crypto
US prosecutors charged Rossen Iossifov over the alleged laundering of $290,000 in forfeited crypto from a Kraken account.
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Will the crypto lobby's $189M campaign get CLARITY over the line?
As the CLARITY Act advances, crypto's growing political influence in Washington is under scrutiny. But the crypto lobby's massive campaign spend is only part of the story.
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Circle Wins U.S. Trust Bank Approval, Shares Rise Over 7%
Circle’s shares climbed more than 7.7% in premarket trading after the company received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A.…
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Strategy Bitcoin Sales 'Mostly Noise,' Standard Chartered Says, Holding $100K BTC Call
Strategy's turn from hoarding Bitcoin to selling it, in order to pay dividends on its preferred stock, has "muddied" Bitcoin's near-term prospects, according to a new Standard Chartered note that nonetheless urges inves…
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Bitcoin whales sent BTC price to $64K as Coinbase Premium broke key level: CryptoQuant
Bitcoin price gains came thanks to US whales propeling the Coinbase Premium above a key trend line, new analysis from CryptoQuant reported.
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OKX, MetaMask, Matter Labs back dispute resolution court for AI agents
A group of crypto and Web3 firms that includes OKX, MetaMask, Matter Labs and Genlayer have formed the “Internet Court” to reach dispute resolutions between AI agents.
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Wall Street banks tighten prediction market rules for staff as insider fears spread
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades as insider trading fears spread across Polymarket and Kalshi.
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Japan's 'invest locally' plan likely to spur demand for assets like bitcoin, gold
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
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Metaplanet explores Bitcoin-backed digital credit with JPYC in Japan
Metaplanet said it is studying Bitcoin-backed digital credit products in Japan with JPYC and Progmat, but no product has been launched.
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Circle secures U.S. trust bank approval in crypto expansion
Circle (CRCL), the issuer of the world's second largest stablecoin USDC, received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank.