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Bitcoin Approaches $70,000 After Treasury Announces Buyback Expansion
Bitcoin surged toward $70,000 after the U.S. Treasury expanded long-term bond buybacks, with falling yields, weaker dollar conditions and short covering fueling the rally.
New Bitcoin Addresses Surge as Coldcard Exploit Drives Wallet Migrations
New Bitcoin addresses surged last week as users affected by the Coldcard wallet exploit moved funds to newly created wallets. The incident is also reigniting debate over the security trade-offs between self-custody, centralized exchanges and regulated crypto investment products.
Bitcoin Miner Bitdeer Shares Fall 15% Despite Revenue Growth and AI Expansion
Bitdeer shares dropped more than 15% despite a 47% year-over-year increase in second-quarter revenue and a sharp rise in Bitcoin production. The company is increasingly shifting toward AI infrastructure, with AI cloud revenue growing tenfold and a $4.7 billion data center agreement strengthening its long-term strategy.
Trending News
Google Brings AI Weather Forecasting Into the Energy Market With WeatherNext 3
Google’s WeatherNext 3 brings AI-powered weather forecasting to the energy sector, helping grid operators predict renewable power generation.
OpenAI Pushes for Greater Transparency Around AI Agent Behavior
OpenAI’s reported AI-agent incident is prompting renewed discussions around AI transparency, governance and accountability, highlighting the need for more secure and trustworthy autonomous AI systems.
OpenAI Launches Astra, Its Most Powerful AI Model Yet
OpenAI has launched Astra, a new AI model focused on advanced computer use, browser automation, coding and cybersecurity. The model’s capabilities have also raised questions about AI safety, reasoning transparency and the future of model oversight.
Adobe Acquires Indian Marketing Intelligence Startup Rilo
Adobe has acquired Indian marketing intelligence startup Rilo in a deal involving its technology and six-member team, strengthening Adobe’s AI-powered marketing capabilities.