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New York Council sends letters to Kalshi, Polymarket in prediction markets ad probe
New York City Council Speaker Julie Menin issued letters to Kalshi, Coinbase, Polymarket, and Gemini Titan, informing each company that the council has begun investigating allegations of “false, deceptive, unconscionable, and objectionable marketing practices.” The announcement comes right as the city’s fight with prediction markets made headway with both a major lawsuit and a federal...Cryptopolitan
Wed, Aug 12
Google DeepMind expands AI, search access with sign-language-to-text launch
Google DeepMind has released a sign-language-to-text model called SL2T, and it will be inside Gboard and Live Transcribe on the new Pixel 11. The company says it is the first sign language AI to ship in a real consumer product. Signing to the phone instead of typing People who can hear and speak have been...Cryptopolitan
Wed, Aug 12
Goldman Sachs to expand ETF offerings with acquisiton of US ETF provider NEOS investments in $2.25 billion deal
Top U.S. banking and investment firm, Goldman Sachs, has agreed a deal to purchase NEOS Investments, a Connecticut firm that runs options-based income ETFs, in a cash-and-equity deal worth up to $2.25 billion. The transaction, announced Wednesday, deepens Goldman Sachs’ push into one of asset management’s fastest-growing corners and lands the firm among the ten...Cryptopolitan
Wed, Aug 12
Ethereum Price Forecast: Fidelity plans to add staking to ETH ETF amid yield debate
Asset manager Fidelity has filed with the US Securities and Exchange Commission (SEC) to permit staking in its Ethereum (ETH) exchange-traded fund (ETF), the Fidelity Ethereum Fund (FETH), which holds over $898 million in net assets.
Fxstreet
Wed, Aug 12
CoreWeave, SueprMicro surge boosts AI stocks
Shares across the AI infrastructure industry rose on Wednesday after CoreWeave, Super Micro Computer and Nebius Group all reported quarterly results eclipsing analyst forecasts. This rally also dragged server makers, memory suppliers and optical component firms to higher numbers in one single session. Nebius leads gainers, CoreWeave closes behind Nebius Group (NBIS) was up there...Cryptopolitan
Wed, Aug 12
Tencent sees 11% gain in Q2 revenue due to AI-driven gains, profits fall short
Tencent Holdings reported Q2 2026 revenue of RMB204.8 billion, a figure up 11% from a year earlier. However, reported net profit barely moved as the Chinese tech giant poured even more funding into AI infrastructure. The revenue figure, equal to about US$30.4 billion for the three months ending 30 June, came in just ahead of...Cryptopolitan
Wed, Aug 12
Hyperliquid is seeking a compliant path to launch perp trading in the U.S
Hyperliquid has ramped up its lobbying of U.S. regulators in search of a compliant way to bring perpetual futures to the country. The Information reporter, Yueqi Yang, who interviewed Hyperliquid Policy Center on the matter, revealed that the perp exchange “has stepped up outreach to U.S. regulators as it looks for path to U.S. markets.”...Cryptopolitan
Wed, Aug 12
TRON Powered $2.1T in Q2 USDT Transfers; Messari and Nansen Report Record Activity and Institutional Adoption
Geneva, Switzerland, August 12, 2026 — Messari and Nansen, leading platforms in blockchain research and analytics, have released independent reports examining activity across the TRON network during the second quarter of 2026. The reports highlight record transaction and address activity, continued protocol development through governance upgrades and progress toward post-quantum capabilities, as well as broader...Cryptopolitan
Wed, Aug 12
San Mateo County pushes to create rules for humanoids
San Mateo County may soon become one of the first places in the United States to regulate the commercial use of humanoid robots. The San Mateo County Board of Supervisors voted unanimously on Tuesday to start creating local rules that would require businesses to get a permit before using humanoid robots for work. San Mateo...Cryptopolitan
Wed, Aug 12
Bank of England taps Polygon for Phase 2 of digital pound trials
The Bank of England has selected Polygon Labs, NOBO Finance, and business-data provider Dun & Bradstreet to run the next round of its Digital Pound Lab. These companies are testing how a central bank digital pound and private stablecoins could settle different parts of the same cross-border trade deal. What problem is the Bank of...Cryptopolitan
Wed, Aug 12
Top AI Coins Forecast: Bittensor, Near Protocol gain as Wintermute plans $1B AI bet
Wintermute, a London-based algorithmic trading company and liquidity provider, is planning to invest roughly $1 billion in high-frequency trading and Artificial Intelligence (AI) data centers over the next five years.Fxstreet
Wed, Aug 12
China-linked hackers use open-source AI to breach Taiwan government systems
Suspected Chinese operators turned freely available AI agents into an autonomous hacking tool that broke into Taiwanese government networks over four days in early July, according to the Financial Times. The Israeli AI firm Dream said the attack broke into at least 85 accounts and stole more than 2500 personnel records. How were Taiwanese government...Cryptopolitan
Wed, Aug 12
Solana came 86% of the way to a halt as 28% of stake went dark
Solana’s network came within 14% of crashing to a halt early on Wednesday, August 12, after 28.83% of the network’s staked SOL fell out of consensus. The delinquency that occurred on Teraswitch, and reported by the Marinade Finance staking protocol, would have ended Solana’s 30-month uptime streak. However, the network only got 86% of the...Cryptopolitan
Wed, Aug 12
Oracle is adding Quantinuum’s Helios quantum computer to OCI for direct cloud access
Larry Ellison’s company Oracle (NYSE: ORCL) announced on Wednesday that it is bringing Quantinuum’s Helios quantum computer into Oracle Cloud Infrastructure, so OCI customers can use commercial quantum hardware through the cloud instead of having to buy and run the machine themselves. The two companies have signed a deal that will last several years. Helios...Cryptopolitan
Wed, Aug 12
Chainlink whale activity hits five-month high as holders watch for breakout
Santiment flashed green lights for Chainlink holders looking for bullish signals as the firm’s on-chain analytics tracking picked up a surge in whale activity over the last 24 hours, which it historically linked to price runs. According to Santiment’s August 12 report, 246 separate LINK transfers worth at least $100,000 were processed on the Chainlink...Cryptopolitan
Wed, Aug 12
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