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Polymarket hires ex-Goldman Sachs partner as prediction markets land on House watchlist
Polymarket has confirmed the appointment of Lisa Mantil as head of institutional growth. Mantil was a partner at Goldman Sachs and was there for nearly 3 decades. The move is seen as a wager on Wall Street money, and it happens as regulators, state AGs, and lawmakers in DC place more attention on prediction markets....cryptopolitan
Tue, Sep 29
Bitwise to distribute staking rewards on NEAR ETF listing on NYSE Arca
Bitwise has started trading the Bitwise NEAR ETF on NYSE Arca under the ticker NRR. This makes it the first US spot exchange-traded product tied to NEAR. It also gives American investors a regulated way to hold the token and collect its staking yield without running a validator themselves. A staking ETF that keeps the...cryptopolitan
Tue, Sep 29
OpenAI profitability surges as annual recurring revenue surges from $25B to $70B
OpenAI’s annual recurring revenue is about to reach $70 billion, due to business customers signing on at roughly twice the rate they did in July. OpenAI is working to close the revenue gap between its business and Anthropic’s while both labs aim to launch IPOs. Is OpenAI performing better than Anthropic? OpenAI’s annualized revenue run...cryptopolitan
Tue, Sep 29
Anthropic warns about existential threats to humanity in IPO document
Anthropic has told prospective investors that advanced AI could bring “catastrophic or existential risks to humanity,” a disclosure buried within an unpublished IPO prospectus, coming as the Claude AI creator chases a valuation above $2 trillion, according to Reuters. Reuters reported that around 80 of the prospectus’s 261 pages are devoted to various risk factors,...cryptopolitan
Tue, Sep 29
Google challenges EU Android search engine orders
Google has asked Europe’s General Court to throw out two Digital Markets Act orders that would potentially force the tech giant to feed search data to its rival engines and let competing AI assistants run on Android systems with the same reach as its own Gemini. The appeals are focused on instructions issued by the...cryptopolitan
Tue, Sep 29
From CEA Industries to BNB Standard: BNB treasury firm chooses new name with X vote
The company behind the largest corporate BNB treasury, CEA Industries Inc. (Nasdaq: BNC), has announced that moving forward, it will now go by a new name: BNB Standard Corporation. The change is in name only; the firm will retain its BNC ticker. The firm settled on the new name after a BNB community advisory poll...cryptopolitan
Tue, Sep 29
Coinbase's payment push goes country-scale as El Salvador pivots into stablecoins
The new remittance and identity app, Sivar, built by Modveon for El Salvador, runs on Coinbase’s payments infrastructure, according to a Tuesday announcement by the US-based exchange. The app built by the firm based in Palo Alto will allow eligible senders to transfer funds from the U.S. to verified recipients in El Salvador for a...cryptopolitan
Tue, Sep 29
Megabanks lead as Japan's FSA backs fourth stablecoin pilot
Japan’s Financial Services Agency (FSA) has given the green light to its fourth stablecoin pilot to allow cross-border trade to be settled with stablecoins, adding trade finance to the list of areas that the regulators have cleared through the programs. The latest pilot brings back some participants in earlier projects, including the country’s three megabanks....cryptopolitan
Tue, Sep 29
Former LA Sheriff’s Deputy employed by crypto 'godfather' sentenced to almost 2 years in jail
A former Los Angeles County sheriff’s deputy who ran a private security firm for jailed crypto figure Adam Iza has been sentenced. The former sheriff’s deputy, who is the last of five ex-deputies to be sentenced, will spend 21 months in federal prison for abusing his badge to intimidate Iza’s enemies and hiding more than...cryptopolitan
Tue, Sep 29
Central bank approves two cryptocurrency banks to operate in Belarus
Officials in Belarus have registered two crypto banks to provide coin-related services as residents of the fintech hub in the capital Minsk. This is the first such move since the nation introduced the new type of entities that will combine cryptocurrency operations with traditional banking activities. Crypto credit institutions to launch operations in Belarus The...cryptopolitan
Tue, Sep 29
Bitget attackers look for alternative laundering venues as NEAR, Chainflip reject funds
The suspected North Korean attackers who stole roughly $388 million in the September 24 Bitget hack have started to run into roadblocks as the industry has continued to rally to plug exit routes. As of September 29, NEAR Intents and Chainflip, two cross-chain swap services, have joined Tether and Circle on the list of protocols...cryptopolitan
Tue, Sep 29
AMD wants more than GPUs from its $8.2B World Labs deal
AMD has made arrangements to acquire World Labs, the company founded by AI researcher Dr. Fei-Fei Li, in a transaction that is valued at approximately $8.2 billion. This deal implies that AMD will now have its own research team working on frontier models, and this will help the company move deeper into the realm of...cryptopolitan
Tue, Sep 29
Prediction Markets Cross $20 Billion in Weekly Trading Volume for the First Time
Prediction markets have set another record this past week by drawing in a cumulative total of $20.4 billion in trading volume. Data from Artemis shows that this is the first time weekly volume has gone past the $20 billion mark. The week before saw volume come in just under that level at $19.8 billion. The...cryptopolitan
Tue, Sep 29
Researchers forge 1024-bit RSA signature without extracting private key
A team of researchers from UC San Diego showed that a 1024-bit RSA signature can be forged by sending multiple queries to a hardware security module (HSM). In this case, the private key was never extracted from the device. This result implies yet another form of risk for crypto custodians: keeping the key inside tamper-proof...cryptopolitan
Tue, Sep 29
Nvidia’s CEO draws Pope Leo’s criticism as AI safety concerns surge 50%
Pope Leo XIV has condemned US President Donald Trump and Nvidia’s CEO, Jensen Huang, for downplaying the threat posed by AI technology. The Pope said that ignoring the threats posed by technology endangers our common future, and that the world should take human safety more seriously. Earlier this month, Huang rejected the idea of new...cryptopolitan
Tue, Sep 29
US senator urges Treasury and DOJ to investigate Tether over Iran-linked USDT
US authorities are expanding the investigation of the crypto system that Iran is reportedly using to transfer money, now putting Tether at the center of the issue. On September 28, Senator Richard Blumenthal of the Senate Permanent Subcommittee on Investigations (PSI) called on the Treasury and Justice Department to look further into Tether. The company...cryptopolitan
Tue, Sep 29
Bitquery links 56 Robinhood Chain memecoin launches to $15.5M rug-pull operation
A blockchain investigation has extended the suspected rug-pull operations on Robinhood Chain to 56 memecoin launches. It also puts the group’s estimated take at a lower $15.5 million. Bitquery published its results on September 28. The report examines the period of the activity until September 23, which is two days after the date used for...cryptopolitan
Tue, Sep 29
