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Bitcoin vs Gold Overview: XAU tests breakout, BTC slides as Trump claims Iran negotiations
The cryptocurrency market shows signs of trimming gains accrued last week as Bitcoin (BTC) slides below $65,000 at the time of writing on Monday. Meanwhile, Gold (XAU/USD) maintains a bullish outlook, hovering above $4,350.
Kimi K3 rivals top US AI models in finding software bugs, tests show
Kimi K3, an open-weight model from China’s Moonshot AI, is performing on par with leading US AI systems at finding software vulnerabilities, according to US startup Frontier Security. The results point to a capable alternative for security teams frustrated by the restrictions surrounding America’s most advanced models. Frontier Security creates assessments to analyze the capability...Cryptopolitan
Mon, Aug 10
PBOC pledges steady digital yuan growth in its 2026-2030 plan
The People’s Bank of China (PBOC) said it will “steadily develop” the digital yuan over the next five years. The e-CNY is now listed as one of the central bank’s core tasks in a recently published reform blueprint. What provisions has China made for the development of its digital yuan? The People’s Bank of China...Cryptopolitan
Mon, Aug 10
Zuckerberg names AI's biggest risk as Meta releases Glimmer open-weight model
Meta (NASDAQ: META) has released an open-weight AI model called Muse Glimmer alongside a manifesto from CEO Mark Zuckerberg, who stated that the real danger from advanced AI is a single government or company controlling the technology, not rogue machines. Muse Glimmer is a dense model with 30 billion parameters that fits on a laptop...Cryptopolitan
Mon, Aug 10
Intel plans to offer $15 billion in shares as AI demand increases
Computing and chip-making giant Intel has announced on Monday that it will sell $15 billion in new common stock, taking advantage of a year-long rally in its share price to raise cash for the company’s manufacturing and product interests as customers pour more money into AI computing. Intel said the timing of the sale is...Cryptopolitan
Mon, Aug 10
Cardano Foundation’s CTO to step down this August
Giorgio Zinetti is stepping down as the Chief Technology Officer at Cardano Foundation after 2.5 years at the company. Zinetti took to X on Monday to announce he would be leaving the organization on August 31, with plans for a new adventure later in September. After 2.5 years, I’ll be stepping down as CTO of...Cryptopolitan
Mon, Aug 10
South Korea to create $3.5b chip fund for semiconductor materials and hubs
South Korea has earmarked 5 trillion won, equaling $3.52 billion, for a fund designated to develop chip materials, components and small design firms. This development was announced by presidential chief of staff Kang Hoon-sik on Monday, in a bid to cut the country’s reliance on foreign suppliers that feed its world-leading chip manufacturers. $3.5 billion...Cryptopolitan
Mon, Aug 10
Strategy's STRC inches closer to $100 as Saylor continues to sell BTC for USD
Dragging its Stretch (STRC) preferred shares back to par value at $100 remained the priority for chief executive Michael Salor and Strategy (NASDAQ: MSTR) as the firm reported that it allocated 100% of the $108.6 million it raised from selling 1,690 Bitcoins last week to buying back STRC. Strategy raised another $653.1 million by selling...Cryptopolitan
Mon, Aug 10
Strive recommits to BTC amid Q2 earnings loss
Strive (NASDAQ: ASST) continued its march up the Bitcoin accumulation ladder today, August 10, as the firm announced that it added a fresh batch of 147 BTC to its digital asset treasury. The latest purchase installment arrives despite a $257.6 million Q2 net loss that the firm reported on the same day, mostly attributed to...Cryptopolitan
Mon, Aug 10
MARA Holdings sells $1.63 billion of Bitcoin in the first six months of 2026
MARA Holdings sold $1.63 billion in Bitcoin in the first six months of 2026. In a Form 10-Q filing, MARA disclosed that it sold approximately 23,093 BTC in the half-year ended June 30th, which works out to roughly $70,631 per coin. The sale represents nearly 34% of MARA’s Bitcoin treasury at the end of last...Cryptopolitan
Mon, Aug 10
Australia forces 96 Cryptolink crypto ATMs offline in AML crackdown
Australia’s anti-money laundering authority has put a halt to the registration of Cryptolink, resulting in the shutdown of 96 cryptocurrency ATMs. This move comes as countries such as the United States, Canada, and Europe have started to clamp down on cash-to-cryptocurrency kiosks, facilities that are increasingly being linked with fraud and other financial crimes. The...Cryptopolitan
Mon, Aug 10
Unitree has opened subscriptions for its IPO on the Shanghai STAR Market
Unitree Robotics on Monday opened subscriptions for its initial public offering on the Shanghai STAR Market. The leading Chinese robotics company is offering its shares at 150.80 yuan (about $22) to raise roughly 6.1 billion yuan ($904 million). The completed float would give Unitree an estimated market capitalization of around 60.99 billion yuan (approx. $9...Cryptopolitan
Mon, Aug 10
MICA-licensed Flowdesk receives VARA license for UAE expansion
Dubai entity Flowdesk Omega FZE, a subsidiary of French-headquartered Flowdesk, a liquidity provider and virtual asset trading technology firm backed by BlackRock, Cathawy innovation, and Coinbase ventures, has received a crypto brokerage dealer license from Dubai’s Virtual Asset Regulatory Authority (VARA). As per the announcement, Flowdesk in the UAE will be able to offer digital asset...Cryptopolitan
Mon, Aug 10
H100 completes Europe's largest Bitcoin merger as reserve strategy gets hot
H100 Group has closed the biggest merger yet in Europe’s public Bitcoin treasury sector, with its holdings now standing at 3,506 BTC, which is nearly triple what it had before the merger. It has also helped it move clear of a cluster of European firms all racing to bulk up their corporate crypto reserves. Capital...Cryptopolitan
Mon, Aug 10
Bitcoin volatility is in meltdown, but downside protection still commands a premium
Bitcoin’s price has stopped falling in recent weeks, and while it looks as though options traders aren’t expecting any big moves in either direction in the next few weeks, protection against declines is still not cheap.Fxstreet
Mon, Aug 10
Bernie Sanders presses AI giants to pause development as machines get out of control
The longest serving independent to have ever held a seat in the U.S. Congress, Sen. Bernie Sanders (I-Vt.), has threatened legislative action if OpenAI, Anthropic, and Meta and their leaders do not hit the brakes on their AI work, according to a letter first reported by Axios. Bernie Sanders, who has earned his reputation as...Cryptopolitan
Mon, Aug 10
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