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Bitcoin Treasury shakeout deepens with Strive purchases
The corporate purchases of Bitcoin resumed this week, creating additional demand in the market that has already risen significantly throughout August. Strive bought Bitcoin for approximately $143 million while Strategy came back from a roughly ten-week hiatus and bought approximately $370 million worth of Bitcoin, further indicating the ongoing interest from corporate buyers who have...Cryptopolitan
Mon, Aug 31
Kalshi bans former GOP Rep. Santos, orders $71K penalty
George Santos, former U.S. Representative, was banned from participating in Kalshi’s prediction market and has been asked to pay more than $71,000. This marks the first time Kalshi has banned a person indefinitely in response to disciplinary sanctions. However, it suggests that alongside federal regulators, the platforms are also starting to impose penalties on their...Cryptopolitan
Mon, Aug 31
Anthropic dragged to court by Warner, Sony Music over 'blatant theft' of IP
Anthropic becomes the latest AI company to be sued over how it trained its AI models. Sony Music Publishing and Warner Chappell Music took Anthropic and its co-founders to a federal court in Northern California. The suit was filed late on Friday, August 28, and it accuses the AI firm of pirating over 20,000 songs...Cryptopolitan
Mon, Aug 31
BlackRock's BUIDL retakes tokenized Treasury crown at $2.8 billion
BlackRock’s BUIDL fund has grown back to roughly $2.8 billion in assets and reclaimed its title as the largest tokenized U.S. Treasury product. BUIDL is taking the lead back from Circle’s USYC. At the same time, Depository Trust & Clearing Corporation (DTCC) and NYSE owner Intercontinental Exchange (ICE) are moving their tokenization plans closer to...Cryptopolitan
Mon, Aug 31
Etherscan adjusts to AI agent internet takeover with API rollout on 60+ EVM chains
Etherscan has released a suite of tools that lets AI agents and coding assistants pull live blockchain data directly from the explorer’s API. The latest release is aimed at developers building agents that need verified onchain facts across more than 60 EVM-compatible networks. The company announced the “Build with AI” launch in a post on...Cryptopolitan
Mon, Aug 31
Truth Social ETF asset manager Yorkville America unveils AI ETF after dropping crypto ETFs
Yorkville America has announced the launch of an artificial intelligence ETF called the MANGOS Plus Index ETF (ticker FRUT). Yorkville previously acted as an investment advisor for Truth Social’s defunct digital-asset funds. The move is now being regarded as a signal of a departure from crypto into AI stocks. Started with Bitcoin baskets, now a...Cryptopolitan
Mon, Aug 31
OpenAI's ChatGPT ads cross $1 billion run rate as IPO push builds
OpenAI said on Monday that its advertising business has reached a $1 billion annualized revenue in less than 200 days after its launch. OpenAI is trying to prove it can earn money from more than subscriptions as it prepares for a public listing with a valuation above $1 trillion. How much revenue did ChatGPT generate...Cryptopolitan
Mon, Aug 31
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