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Author: James Wilson
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP Power AI Smart App gains attention for combining AI automation with cloud-based passive income features. Summary XRP Power AI Smart App promotes AI-driven yield contracts, automated settlements, and crypto-funded participation models. The platform supports assets including XRP, Bitcoin, Ethereum, and Dogecoin for activating AI-based earning contracts. XRP Power says it uses KYC, AML, 2FA, and security frameworks aligned with standards like ISO/IEC 27001 and SOC 2, though users should independently verify risks, withdrawals, and platform legitimacy before investing.…
Polymarket has clarified that it is not introducing mandatory Know Your Customer checks across its main prediction market platform despite renewed scrutiny over compliance and restricted-jurisdiction access. Summary Polymarket said KYC checks are limited to a new beta product and will not apply to its main prediction market platform. The clarification followed reports that regulators have increased pressure over sanctions compliance, restricted market access and anonymous trading activity. Brazil and Spain have already moved against Polymarket operations as U.S. regulators continue examining insider trading and market integrity risks tied to prediction markets. In a post on X, Polymarket vice president…
Samsung Securities, Samsung SDS and Samsung Card will acquire a 4% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. Summary Samsung affiliates will buy 1.39 million Dunamu shares for about $408 million from Kakao units. Samsung Securities, SDS and Card plan tokenized securities, blockchain infrastructure and digital asset payments services. Hana’s $670 million Dunamu deal shows Korea’s finance giants preparing for incoming digital asset rules. The deal places Samsung’s financial and technology units closer to digital assets as South Korea prepares rules for stablecoins, tokenized securities and crypto payments. It also adds another large Korean name…
A new quantum computing report has warned that the cryptocurrency industry may be running out of time to prepare for cryptographic attacks that could eventually threaten more than $2 trillion in digital assets. Summary Quantus warned that quantum computing progress has accelerated faster than much of the crypto industry’s post-quantum planning. The report said millions of lost Bitcoin could become exposed because inaccessible wallets cannot migrate to quantum-resistant addresses. Researchers behind the report said recent advances from Google and other quantum firms have reduced the estimated resources needed to break Bitcoin’s cryptography. According to “The State of Quantum” from Quantus,…
Strive, Inc. has used its SATA preferred stock program to buy an estimated 490 BTC in a single day, surpassing the Bitcoin network’s average daily issuance of roughly 450 BTC. Summary Strive’s SATA preferred stock program bought an estimated 490 BTC in one day, above Bitcoin’s average daily issuance of about 450 BTC. SATA generated an estimated $35.3 million in ATM proceeds on Wednesday, based on tracker data showing $66.9 million in trading volume. Strive’s latest SEC filing confirmed the purchase of 1,109 BTC between May 19 and May 22, lifting total holdings to 16,500 BTC. According to the Bitcoin…
Bitdeer names ex-Corsair finance chief Michael Potter as CFO, effective Tuesday, replacing Jianchun Liu. Summary Michael Potter takes over as Bitdeer CFO effective Tuesday, with outgoing CFO Jianchun Liu staying through June 30. Potter led Corsair Gaming’s 2020 IPO and held earlier CFO roles at Canadian Solar, Lattice Semiconductor, and STATS ChipPAC. The appointment lands as Bitdeer scales AI cloud revenue and converts mining sites for high-performance computing workloads. Bitdeer names ex-Corsair finance chief Michael Potter as CFO, effective Tuesday, replacing Jianchun Liu. Liu will remain through June 30. The Nasdaq-listed Bitcoin miner disclosed the change in a Form 6-K…
Aztec Labs has acquired ZKPassport but will keep the privacy-focused passport-scanning app fully open source. Summary Aztec Labs acquired ZKPassport but will keep the iOS app and Noir circuits open source. The privacy app proves identity attributes from government IDs without revealing personal data. ZKPassport already ran sanctions checks on Aztec’s December 2025 token sale, validating the tech in production. Aztec Labs has acquired ZKPassport but will keep the privacy-focused passport-scanning app fully open source. The deal preserves the iOS NFC scanner and Noir circuits. The Ethereum layer-2 privacy network confirmed the acquisition on Wednesday. ZKPassport, built on Aztec’s Noir…
BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. Summary Project Agora demonstrated tokenised cross-border settlement across seven central banks and more than 40 financial institutions. The Bank of Canada joined Wednesday, with real-value transactions set as the next testing milestone. The prototype preserves correspondent banking, sanctions screening, and SWIFT compatibility rather than replacing them. BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. The Bank for International Settlements confirmed the move Wednesday. Project Agora, a public-private collaboration with seven central banks…
HTX denies UK sanctions allegations after the Foreign Office accused affiliate Huobi Global S.A. of funnelling $1.5 billion to Russia. Summary HTX says UK sanctions apply only to Huobi Global S.A. and do not affect its operating exchange. The Foreign Office accuses the affiliate of funnelling $1.5 billion to Russia through A7 and Garantex. Global Ledger separately traced more than $7.6 billion in Russia-linked flows through the exchange since 2021. HTX denies UK sanctions allegations after the Foreign Office accused affiliate Huobi Global S.A. of funnelling $1.5 billion to Russia. New data flags $7.6 billion in linked flows. The UK…
The CFTC has moved a proposed rule on prediction-markets event contracts into White House review as federal and state officials fight over who should police the fast-growing sector. Summary The CFTC’s proposed prediction-market rule is under White House review before it can be released for public comment. The rule could create the first comprehensive federal framework for event contracts and affect platforms such as Kalshi and Polymarket. Trump backed CFTC control over prediction markets, while Illinois Governor JB Pritzker defended state action against insider trading. Bloomberg first reported that the proposal is now before the White House Office of Management…