Bond markets are already reacting. The U.S. two-year Treasury yield jumped to 4.31%, its highest level since February 2025, while the benchmark 10-year yield rose to 4.66%, the highest since May, according to TradingView data. Higher yields raise the opportunity cost of holding non-yielding assets… Read More
Tesla (TSLA) held its bitcoin BTC$65,890.22 holdings unchanged during the second quarter, maintaining its treasury of 11,509 BTC as the cryptocurrency’s price declined 14% over the three-month period. The electric vehicle maker reported an after-tax impairment loss of $112 million on its digital asset holdings,… Read More
Federal prosecutors filed five civil forfeiture complaints seeking more than $25 million in cryptocurrency that investigators say came from international romance and investment scams targeting people in the U.S. and Canada. The complaints, filed in U.S. District Court for the District of Columbia, stem from… Read More
OpenAI caught the anomaly internally, while Hugging Face’s team detected and contained it. It called the incident “unprecedented,” and said extensive security steps will be put in place to prevent untoward incidents that may impact public systems or services. “We are implementing strict controls in… Read More
A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month. The Digital Chamber alleged that Illinois’ Digital Asset Tax Act violated both the U.S. and state constitutions and is preempted by a federal… Read More
A US federal court has approved Anthropic’s $1.5 billion settlement in a class-action lawsuit in which authors accused the AI company of using their books without permission to train the AI model Claude. This is the largest such settlement to date in a US copyright… Read More
