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Cryptopolitan

33193 Articles

Founded in 2018, Cryptopolitan has grown from a popular blog into a trusted source of news and analysis for millions of readers worldwide. Over the years, we have expanded our coverage to include a wide range of topics, from market trends and technological innovations to regulatory changes and industry events.

Our team includes seasoned journalists, industry experts, and passionate crypto enthusiasts who are committed to delivering high-quality news.

Cryptopolitan is continuously expanding its network and offerings to reach a global audience across the cryptocurrency, AI, gaming, blockchain and web3 markets.  

Databricks hits $190 billion valuation after $5 billion funding round

Data and AI platform Databricks has finalized a $5 billion financing round at a $190 billion valuation on Thursday, cementing its place among the most valuable private tech firms. The AI company’s CEO, Ali Ghodsi, has also argued that artificial general intelligence, going by an older definition, is already here. Databricks valuation and underlying revenue...
Thu, Aug 13

Cerebras stock plummets after mixed quarterly results tests AI narrative

AI firm Cerebras Systems saw its stock fall as much as 17% in after-hours trading on Wednesday even with the chipmaker beating Wall Street’s expectations on most metrics and raising its full-year revenue forecast. The reaction is important for investors in the AI infrastructure industry, as it helps in assessing if top AI infrastructure names...
Thu, Aug 13

Monaco submits bill to align crypto rules with EU's MiCA regime

Monaco’s government is attempting to scrap the Principality’s 2022 crypto law and rebuild its rules for crypto-asset service providers around the European Union’s Markets in Crypto-Assets Regulation (MiCA).  The government filed Bill No. 1131 in early August, and if approved, it would change the licensing requirements for firms that offer crypto services, while the regulators...
Thu, Aug 13

UK FCA and HTX in settlement talks over illegal crypto promotions

The UK’s Financial Conduct Authority (FCA) and the HTX (formerly Huobi) exchange have started talks to settle a lawsuit that accuses the Justin Sun-backed platform of illegally marketing crypto to UK consumers, according to court filings on Thursday. HTX lawsuit first of its kind The lawsuit that dragged HTX to London’s High Court in October...
Thu, Aug 13

Ether.fi rolls out next-generation neobank services

Ether.fi announced its new Summer update, adding new trading features for tokenized equities, commodities, and securities.
Thu, Aug 13

Best AI SDR & AI Sales Tools in 2026: What Works, What’s Hype

In September 2024, a startup called 11x from London announced a $24 million Series A led by Benchmark. Nine months later, a $50 million Series B led by Andreessen Horowitz was announced. The entire pitch was centered around AI “digital workers” that would complete the job of a sales development rep.  Then on March 24,...
Thu, Aug 13

Schwab turns on crypto for 40 million accounts at 0.75% a trade

Roughly 40 million brokerage accounts can now trade Bitcoin (BTC) and Ethereum (ETH) directly on Charles Schwab as of August 13, according to Forbes.  The report, building on the firm’s Q2 call that described its crypto rollout as “going as planned,” is the newest branch of a tree that was first planted in May, when...
Thu, Aug 13

South Korea sentences Delio CEO to 15 years over crypto deposit fraud

A South Korean court has sentenced Delio’s chief executive Jeong Sang-ho to 15 years in prison for virtual-asset deposit fraud. The sentencing comes roughly three years and two months after Delio abruptly froze customer withdrawals in June 2023. How was the operator of Delio punished?  The 11th Criminal Division of the Seoul Southern District Court,...
Thu, Aug 13

Lenovo’s $26.9B quarter hints at AI’s next spending wave

Lenovo announced Q1 FY2026/27 quarterly revenue of $26.94 billion.  This turns out to be an increase of 43% compared to last year, beating analyst estimates. However, Gartner estimated that global spending on AI will reach $2.59 trillion by 2026, a 47% rise compared to last year. The larger context lies in what Lenovo’s results indicate...
Thu, Aug 13

Metaplanet makes BitBonds announcements as CEO knocks back BTC sales rumors

Metaplanet (TYO: 3350) has issued the first bonds under its new BitBonds program, moving on barely one day after rumors broke that the firm might be the latest BTC treasury gearing up for a sale from its reserve.  In the continuation of what has been a busy day of disclosures for CEO Simon Gerovich’s firm,...
Thu, Aug 13

Crypto agents get frontier AI for $87 a month as DeepSeek undercuts Grok 4.6

DeepSeek moved V4 Pro out of preview on August 12 at $0.87 per million output tokens, about one-seventh of the $6 SpaceXAI charges for Grok 4.6.
Thu, Aug 13

Twitch defaults Amazon AI training on, buries opt-out in security settings

Twitch turned on Amazon generative AI training for every channel by default, and streamers must dig into security and privacy settings to opt out.
Thu, Aug 13

Is BitGo’s $4.3B quarter a sign of an institutional crypto boom?

BitGo reported an increase in revenue of 80% to $4.33 billion in the second quarter, indicating where institutional money is flowing in the global crypto market. The results of the newly listed custodian provide the market with insights into the level of demand. However, the $19 million net loss demonstrates the vulnerability of infrastructure companies...
Thu, Aug 13

Anthropic targets $2T valuation in October IPO challenging SpaceX’s record

Investors expect Anthropic to reach a valuation of $2 trillion or more in October, easily surpassing SpaceX’s market debut as the largest IPO in history. So far, the firm’s backers have asserted that its accelerating revenue growth and the growing demand for its cutting-edge AI models would justify a twofold increase in valuation for its...
Thu, Aug 13

Asia turns into testing ground for stablecoin payment rails

Asia is becoming the first region where large-scale pilot programs for blockchain-implemented payments are taking place. Authorities in Singapore, Hong Kong, and Japan are creating regulatory frameworks that will enable the use of stablecoins to transfer money under supervision. This is important because these frameworks are progressing from being only in consultation mode to being...
Thu, Aug 13

Binance bStocks Overtakes xStocks to Become the Second Largest Tokenized Stock Issuer

Binance bStocks growth story since launching in June has been nothing short of remarkable. In terms of market share, it is now the second largest issuer of tokenized stocks by market cap. Token Terminal data shows that the product is now at a $610.6 million market cap, or 22.1% of the entire sector. Backed’s xStocks,...
Thu, Aug 13

Hyperion DeFi’s $31M profit highlights HYPE as crypto market slumps

On August 12, Hyperion DeFi, the first U.S.-listed company to build on Hyperliquid, announced its record net income of $31 million in the second quarter. This amount is more than tripled since the company made a profit of $8.8 million during the first quarter. Hyperion attributed the jump in its net income to the rising...
Thu, Aug 13

Crypto ATM market contracts as Arizona refunds highlight global regulatory crackdown

Arizona has managed to reimburse cash amounting to $171,332 to 35 victims of crypto ATM scams as per a refund law, enacted last September, which is part of a crackdown on cash-to-crypto conversions prevalent in the United States and elsewhere. The change is clear in the machines themselves. Data from Coin ATM Radar reveal that...
Thu, Aug 13

AI infra, data center funding headlines Bank of America's $250B spending commitment

Bank of America (NYSE: BAC) has announced that it plans to spend $250 billion building US infrastructure in the next 18 months. The bank plans to focus on data centers, chips and power generation. The plan lands as a major boost for stakeholders of the AI and computing buildout, even as data centers ramp up...
Wed, Aug 12

Gemini crosses 1 billion users as Google's models trail on benchmarks

Google announced this week that its Gemini app has passed 1 billion monthly users.  This development comes in spite of the fact that independent testing ranks Gemini’s strongest models below releases from its rivals, Anthropic and OpenAI.  Gemini hits 1 billion monthly users Google, which is currently running its Made by Google showcase, announced this...
Wed, Aug 12
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