Category: Crypto Insights

IREN doubles down on AI cloud in a decisive break from its Bitcoin heritage IREN Ltd., the company that built its name as a large-scale Bitcoin miner, is in the middle of one of the most radical overhauls in the digital infrastructure sector. Rebranded from Iris Energy and repositioned as an AI infrastructure specialist, the…

AI Left Sam Altman ‘Useless and Sad’—and X Turned It Into a Pile-On OpenAI CEO Sam Altman tried to share a rare moment of vulnerability about his own technology—and the internet did what it usually does: it pounced. Altman revealed that while experimenting with Codex, OpenAI’s AI coding assistant, he suddenly felt “a little useless”…

French law enforcement officers on Tuesday searched the Paris headquarters of X, the social media platform owned by Elon Musk, as part of an expanding criminal investigation into the service’s AI chatbot Grok and the alleged circulation of child sexual abuse material on the platform. The operation was conducted by France’s specialized cybercrime unit in…

“We need a new path.” With that blunt assessment, Ethereum co-founder Vitalik Buterin has signaled a sharp turn in how he believes the network should scale—away from heavy reliance on layer-2 (L2) solutions and toward a more balanced, protocol-centered approach. In a recent post on X, Buterin argued that the “original vision” for L2 networks…

Epstein files reveal hidden crypto links to Coinbase and Blockstream, DOJ records show Newly unsealed U.S. Department of Justice documents shed light on an unexpected corner of Jeffrey Epstein’s financial empire: early, largely undisclosed bets on major cryptocurrency firms, including Coinbase and Bitcoin infrastructure company Blockstream. The records, part of a trove of financial files…

Trump’s token initiative kicks off: innovation or just pay‑to‑play 2.0? The Trump family’s love affair with crypto is no longer a sideshow—it’s the business model. In just the first six months of 2025, they reportedly pulled in about $802 million from crypto‑related ventures, with digital assets accounting for more than 90% of their declared income.…

MAGA’s ‘Golden Calf’: How a Giant Trump Statue Became the Center of a Chaotic Crypto Gamble A towering, gold-gilded likeness of Donald Trump now looms over one of his golf resorts, perched on a 7,000‑pound pedestal. Standing about 15 feet tall, cast in bronze and finished with gold leaf, the statue has been christened “Don…

Hyperliquid, a fast-growing decentralized exchange, is moving beyond perpetual futures and spot trading into a new frontier: prediction markets. The team has unveiled a proposal for a feature it calls “outcome trading,” laid out in Hyperliquid Improvement Proposal 4 (HIP-4), positioning the protocol to support a broad class of event-based financial products. At the core…

Will GameStop Walk Away From Bitcoin? CEO Hints at Bigger, “Transformational” Bet GameStop’s brief romance with Bitcoin may be nearing a turning point. The company has quietly shifted its entire Bitcoin holdings to an institutional exchange, a move that comes just as CEO Ryan Cohen is signaling a dramatic strategic pivot: mergers and acquisitions now…

Bitcoin’s latest slide has reopened a fierce debate among market strategists over whether the crypto market is merely cooling off or entering a far deeper and more prolonged downturn. Several high-profile analysts are now offering sharply different interpretations of the same price action, underscoring how uncertain the macro backdrop has become for digital assets. McGlone:…