Elon Musk’s AI chatbot Grok had a strange fixation last week—it couldn’t stop talking about “white genocide” in South Africa, no matter what users asked it about. On May 14, users started posting instances of […]
Sen. Richard Blumenthal (D-CT) skewered the Trump family’s crypto firm, World Liberty Financial, on Friday—for what he called its “seriously inadequate” response to a Senate inquiry into the company’s business practices. “This seriously inadequate response […]
In brief JP Morgan analysts say Bitcoin holds more upside than gold, driven by crypto-specific catalysts and growing institutional adoption. Recent acquisitions by Coinbase, Kraken, and Gemini highlight a maturing derivatives market, which could attract […]
In brief Users have flagged the Elon Musk-backed chatbot Grok for injecting “white genocide” claims into unrelated responses. The AI has blamed the issue on a programming glitch that overemphasized trending topics. Grok has previously […]
In brief The 10-year Treasury yield rose to 4.5%, up from 4.1% in early April, as easing U.S.-China trade tensions lifted market sentiment and dampened expectations for Fed rate cuts. April inflation surprised to the […]
In brief Ethereum jumped nearly 40% last week, fueled by a successful network upgrade and easing global trade tensions. Analysts say crypto-native investors—not ETFs—drove the rally, with Ethereum spot funds seeing $55 million in outflows. […]
In brief U.S. officials said trade talks with China made “substantial progress” but offered no details. China’s consumer prices fell for a third straight month in April, underscoring economic weakness. Bitcoin and Ether declined alongside […]
Last week’s Token2049 conference brought together some of the biggest names in crypto, and as the sun set on another busy gathering for the crypto industry in Dubai, we couldn’t help but reflect on some […]
In brief Crypto markets rallied this week, with Bitcoin reclaiming $100K in the process. On Friday, ETH was the big winner, gaining at one point more than 15% in 24 hours. Still, the coin has […]
In brief CME FedWatch data shows a 70% chance of a July rate cut, with 95% odds of easing by October, as markets front-run the Fed despite no move this week. Ethereum rallied 20% as […]
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