A three-month international crackdown led by the United Arab Emirates has traced more than $39 billion in funds and cryptocurrencies tied to scam …
Joseph Rees
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Crypto
Anthropic revenue hits $16B in H1 2026 amid IPO valuation talks
by Joseph Reesby Joseph ReesAnthropic’s revenue surge and potential IPO highlight its growth potential, but high losses and spending may challenge valuation expectations. The post Anthropic revenue …
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Crypto
UK commits approximately £600 million to AI security, with a biosecurity lab at the center
by Joseph Reesby Joseph ReesThe UK’s investment in AI security could position it as a leader in biosecurity innovation, influencing global standards and collaborations. The post UK …
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Crypto
Circle Shareholder Sues Trump Over UAE Deals Tied to World Liberty: Report
by Joseph Reesby Joseph ReesJ. Benjamin Greenberg, a shareholder in Circle Internet Group, filed a federal lawsuit Thursday against US President Donald Trump and World Liberty Financial, …
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Crypto
Initia halts blockchain and rollups after reported $2.6M exploit
by Joseph Reesby Joseph ReesInitia has halted its layer-1 blockchain and rollups after security researcher Spreek reported unauthorized token minting and approximately $2.6 million cashed out by …
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Crypto
Meta and Carnegie Mellon study finds an RL-trained 8B model beats Llama-4-Maverick at tool selection
by Joseph Reesby Joseph ReesSmaller, cost-effective AI models outperforming larger ones could reshape AI development priorities, emphasizing efficiency over size. The post Meta and Carnegie Mellon study …
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Crypto
China Wants $5.1B in Bitcoin, Now HSBC Is Launching RedCoin in Hong Kong
by Joseph Reesby Joseph ReesChina is seeking to confiscate 61,896 Bitcoin worth $5.1 billion, while HSBC has begun rolling out its Hong Kong dollar-backed RedCoin stablecoin. Chinese …
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Crypto
Malaysia and Thailand Central Banks Join Singapore’s BLOOM as Roster Hits 24 Firms
by Joseph Reesby Joseph ReesBank Negara Malaysia (BNM) and the Bank of Thailand (BOT) joined BLOOM, Singapore’s cross-border settlement initiative for stablecoins and tokenized deposits, on Friday. …
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Crypto
China sets 2030 target for national blockchain network and regional hubs
by Joseph Reesby Joseph ReesChina has set a 2030 target to largely complete a national blockchain network, placing a central backbone, regional hubs, and distributed digital identity …
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Crypto
Anthropic employees confident in AI breakthroughs by 2030, Wall Street skeptical
by Joseph Reesby Joseph ReesThe disparity in AI breakthrough expectations may influence investor confidence and impact Anthropic’s market valuation and strategic decisions. The post Anthropic employees confident …