Scams

In brief Reps. Ted Lieu and Nathaniel Moran introduced the bipartisan AI Kill Switch Act on Thursday, two days after OpenAI admitted …

In brief Poolin Technology filed for Chapter 11 bankruptcy on July 22. The largest single debt, $163.7 million, is owed to about …

In brief Samsung said Samsung Wallet will add native stablecoin support at Galaxy Unpacked in London on July 22, showing a mockup …

In brief Real-world assets (RWAs)—tokenized versions of traditional financial instruments like company stocks, crude oil, and market indices traded as blockchain contracts—accounted …

In brief Nvidia, Meta, Microsoft, Andreessen Horowitz, Hugging Face, IBM, and 19 other companies published a letter Friday titled “Open Weights and …

In brief The Financial Times reported that a Polymarket account in the name of George Cottrell—a convicted fraudster who has bankrolled Nigel …

In brief Goldman Sachs CEO David Solomon told Politico he is “very supportive of moving the Clarity Act forward.” His stance breaks …

In brief Black Forest Labs has launched FLUX 3 in early access, its first model that generates video, producing clips up to …

In brief Nine firms—including BlackRock, Coinbase, Strategy, Galaxy, and Fidelity Digital Assets—launched the Bitcoin Security Consortium today. They are pledging a combined …

In brief AFX Trade, a perpetuals exchange on Arbitrum, was drained of about $24 million in an exploit that hit a USDC …