What Triggered the Dispute Between Bittensor and Covenant AI? Jacob Steeves, co-founder of Bittensor, rejected allegations that he used his position to pressure a major subnet developer off the network, following Covenant AI’s decision to exit the platform. The dispute began after Covenant AI announced it would leave Bittensor, accusing Steeves of exerting control over
What Did the Latest Government Bitcoin Transfer Involve? The U.S. government has transferred just over 2 bitcoins to a Coinbase Prime address, according to blockchain data tracked by Arkham Intelligence. The transactions, totaling 2.438 BTC and valued at roughly $177,000, were sent in two separate transfers from wallets labeled as holding seized funds linked to
Scroll’s market capitalization has fallen to approximately $8 million, underscoring sharp volatility and weakening liquidity conditions in smaller-cap blockchain projects. The drop marks a significant contraction from earlier valuation levels and reflects a combination of declining token prices, reduced trading activity, and broader shifts in investor sentiment. Market data shows thinning volumes in recent sessions,
Fundstrat co-founder Tom Lee has said financial markets have likely reached a bottom, citing the recent U.S.-Iran ceasefire as a catalyst for a shift in global risk sentiment. Lee’s comments follow a sharp rebound in equities and cryptocurrencies after the announcement of a temporary de-escalation in Middle East tensions. He described the shift as a
A long-running dispute between Binance founder Changpeng Zhao and OKX founder Star Xu has escalated into a highly public and increasingly personal confrontation, reigniting tensions rooted in the early days of the cryptocurrency exchange industry. The latest clash was triggered by the release of Zhao’s memoir, which revisits his time as chief technology officer at
Bullish sentiment is emerging in the cryptocurrency options market, with key derivatives indicators signaling a shift in trader positioning toward upside exposure following recent macro-driven volatility. Recent data shows a notable recovery in options skew, a metric that measures the relative demand for call options versus put options. Bitcoin’s short-term skew has moved to around
The U.S. Department of the Treasury plans to begin sharing cybersecurity threat intelligence directly with cryptocurrency firms, expanding a framework historically used with banks to the digital asset sector. The initiative, led by the Financial Crimes Enforcement Network (FinCEN) and the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection, will provide crypto companies with timely
Coinbase CEO Brian Armstrong has called on U.S. lawmakers to pass the Digital Asset Market Clarity Act, marking a notable shift in position after months of opposition to the legislation. Armstrong made the statement on April 9, saying it is “time to pass the Clarity Act” and expressing support for bipartisan efforts to finalize the
The White House has issued an internal warning to staff, cautioning against participating in prediction markets or placing trades tied to sensitive geopolitical developments, as scrutiny intensifies over market activity linked to the Iran conflict. According to reports, the guidance reminded government employees not to use non-public information to place bets or execute trades on
Crypto exchange-traded funds recorded a strong return to net inflows on April 9, with U.S.-listed spot Bitcoin ETFs attracting approximately $358.1 million in net inflows, marking a sharp reversal after consecutive days of redemptions. The inflows followed two sessions of outflows totaling nearly $250 million, indicating a rapid shift in institutional positioning. The rebound suggests