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Money is economic energy: Strategy's Michael Saylor store of value question
Michael Saylor, the chairman of Strategy (NASDAQ: MSTR), has published a new essay on X explaining his bold views on money, Bitcoin, and the future of the economy. He argues that money is essentially “economic energy” and that Bitcoin is the best technology to store that energy. Is money economic energy? In an essay titled...Cryptopolitan
Sat, Aug 15
DeFiLlama founder drained his own wallet to get Apple to pull a fake app
0xngmi, the pseudonymous founder of DeFi analytics site DeFiLlama, said he downloaded a fake DeFiLlama app from the App Store, funded a small wallet, and let the app steal the money as proof it was a scam. Apple removed the app just days after his download, after ignoring months of trademark and impersonation complaints. How...Cryptopolitan
Sat, Aug 15
Grayscale research head compares Ethereum to small nation
Grayscale’s head of research, Zach Pandl, has shared a thought experiment on X that recasts Ethereum as a tiny country running its books through money printing rather than taxes. Pandl tagged his post as a “Quasi brainstorm on $ETH issuance.” He then went into the details, where he stated that Ethereum “is akin to a...Cryptopolitan
Sat, Aug 15
Robinhood's Kerbrat pushes tokenization as memecoins rule its token-less L2
Robinhood Crypto SVP Johann Kerbrat says the firm’s tokenization work is “just the beginning,” choosing to direct focus to the network’s technical infrastructure over issuing a token. The network is currently focusing on its new stock tokens, which give users access to 24/7 on-chain versions of equities like Nvidia and Apple. Does Robinhood Chain have...Cryptopolitan
Sat, Aug 15
China’s Manus saga could make cross-border AI deals riskier
Beijing is reportedly about to revoke travel bans imposed on the founders of the AI startup Manus. This could put an end to one of the most bizarre moments of the AI arms race between the U.S. and China. But for foreign tech firms, the greater question is how safe an acquisition is when the...Cryptopolitan
Sat, Aug 15
France tax breach puts wealthy Bitcoin holders at risk
A hacker is marketing tax details involving over 678,000 French individuals and companies, exposing a treasure trove of personal and financial data that could be used for phishing, identity theft, and targeting Bitcoin holders. Chainalysis estimates that criminals earned a minimum of $17 billion from crypto scams and fraud in 2025, with impersonation scams increasing...Cryptopolitan
Sat, Aug 15
Aschenbrenner’s fund loaded up on memory stocks before 67% loss
Recent filings with the SEC show that Leopold Aschenbrenner’s Situational Awareness AI hedge fund had almost fifty percent of its US equity portfolio invested in SanDisk and Micron before a liquidation event that occurred in July, wiping out 67% of the fund’s value in just one month. To the overall AI sector, the reveal indicates...Cryptopolitan
Sat, Aug 15
OpenAI faces executive turmoil as Altman reshuffles leadership ahead of $1T IPO
Multiple structural overhauls in the year have sparked internal conflict as OpenAI pivots sharply toward a major stock market launch. Some employees are reportedly growing weary of the repeated leadership changes at the company. Just this week, former Slack CEO Denise Dresser announced that she will step down as OpenAI’s chief revenue officer in the...Cryptopolitan
Sat, Aug 15
Anthropic’s $1T IPO could depend on revenue it hasn’t made yet
Anthropic is being priced on the money it hopes to make two years from now rather than what it earns today. This could change how investors judge the growing number of AI companies preparing for the public markets. The AI firm has reportedly told people involved in its offering that it expects revenue of $190...Cryptopolitan
Sat, Aug 15
Trump invites crypto and prediction market CEOs to the White House to discuss regulations
Trump is set to host crypto companies and prediction market businesses at the White House on Wednesday for a private conversation about regulation, with several major industry names expected in the room. President Donald Trump is expected to speak at the gathering, and CFTC Chair Mike Selig is also scheduled to address those attending. The...Cryptopolitan
Sat, Aug 15
Nvidia discloses 122.8 million SpaceX shares worth $21 billion in surprise filing
Nvidia (NASDAQ: NVDA) has disclosed a very large investment in SpaceX (NASDAQ: SPCX), showing that the chipmaker owns 122.8 million Class A shares in Elon Musk’s rocket company. Based on the current value of those shares, the position is worth around $21 billion, per new filing with the U.S. Securities and Exchange Commission. Nvidia has...Cryptopolitan
Sat, Aug 15
Former Bybit CEO startup ABFinance cancels launch plans
ABFinance, the U.S. finance startup founded by former Bybit co-CEO Helen Liu, has announced that it will begin winding down. 17 major crypto businesses and about 95 total projects have already closed so far in 2026. Why is ABFinance closing down? Helen Liu unveiled ABFinance in mid-March, days after Bybit confirmed her exit. Liu was...Cryptopolitan
Fri, Aug 14
Musk looks to space as only way to meet AI compute demand by 2028
The world’s first trillionaire, Elon Musk, has said that orbital compute is the only way to continue scaling AI by 2029. He made the statement in an X post. He pointed to power shortages and delays in granting permits on land as the main reasons. For companies thinking of where to build the coming generation...Cryptopolitan
Fri, Aug 14
Strategy, Metaplanet face possible removal from MSCI index under proposed eligibility rules
MSCI has proposed excluding Bitcoin (BTC) treasury firms Strategy and Metaplanet from its Global Investable Market Indexes (GIMI) under a new eligibility framework targeting firms it classifies as non-operating companies, according to a consultation document.
Fxstreet
Fri, Aug 14
Lido details NEST automated buyback program as LDO sits near record lows
Lido DAO has released a detailed overview of NEST, the automated program it is building to buy back its own LDO governance token. The program is a direct response to LDO’s token, which has lost more than 95% of its value since 2021. What is Lido’s NEST? The Network Economic Support Tokenomics (NEST) program is...Cryptopolitan
Fri, Aug 14
Tesla stock jumps as 'flying' car rumor excites markets
Tesla (NASDAQ: TSLA) stock increased by 3% on Friday morning, a reaction to a report that the auto manufacturer plans to unveil its long-awaited Roadster, with flying capabilities, in August. Tesla shares have been on a downward trend throughout 2026, so this news lands as a welcome development for investors. It’s left to Tesla to...Cryptopolitan
Fri, Aug 14
Israel's largest bank Bank Leumi partners with Galaxy to offer crypto services
Bank Leumi, Israel’s largest bank, has announced plans to allow its retail customers to buy and sell Bitcoin, Ethereum, and Solana inside its Leumi Trade app, using Galaxy Digital’s trading and on-chain storage infrastructure. The service is set to launch in early 2027 and still requires the approval of the Bank of Israel. Bank Leumi...Cryptopolitan
Fri, Aug 14
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