Author: John Smith

OpenAI has reportedly supplied AI technology to Chinese companies on the Pentagon’s military-linked blacklist, adding fresh scrutiny to U.S. controls over advanced artificial intelligence exports. Summary OpenAI and Google reportedly provided AI access to Chinese firms on the Pentagon’s Section 1260H blacklist. The reported access has renewed debate over U.S. AI export controls and cloud-based model distribution. The development comes as OpenAI expands GPT-5.6 Sol, Terra, and Luna across ChatGPT, Codex, and its API. According to the reported findings, OpenAI and Google provided access to their AI models to Chinese companies included on the U.S. Department of Defense’s Section 1260H…

Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did it, and the same two forces meet again at the July 28-29 policy meeting that will likely decide whether the bottom is in or another leg waits below. These are the levels, the scenarios, and the honest case on both sides. Summary Bitcoin enters July near $60,000, with the July 28–29 Fed meeting expected to determine whether the recent sell-off…

President Donald Trump has refused to sign the 21st Century ROAD to Housing Act, even as the bill containing a provision blocking a U.S. central bank digital currency through 2031 has remained on course to become law. Summary Trump has refused to sign the 21st Century ROAD to Housing Act over the Senate’s failure to pass the Save America Act. The housing bill is still expected to become law because the White House has confirmed Trump will not veto it. The legislation would bar the Federal Reserve from issuing a U.S. CBDC until 2031 if it takes effect. According to…

The Federal Reserve has named Andreessen Horowitz co-founder Marc Andreessen to help lead a task force studying artificial intelligence, productivity and employment. Summary Marc Andreessen will co-lead a Federal Reserve task force examining AI, productivity and American employment. Stanford economist Charles Jones and Microsoft executive Asha Sharma will serve alongside Andreessen on the panel. The review comes as Fed officials debate whether AI will ease inflation or raise costs. The Federal Reserve announced the appointment on July 9. The panel forms part of Fed Chair Kevin Warsh’s broader review of how the central bank makes monetary policy decisions. Andreessen will…

An exploit drained roughly 16 million ADA, about $2.4 million, from 374 Cardano wallets in late June. What happened next is the interesting part: EMURGO, one of Cardano’s founding entities, announced a recovery path to return the assets within two weeks, while an independent forensic team including Mt. Gox veterans published competing findings. Crypto has spent fifteen years insisting stolen funds are gone forever. Cardano is running a live experiment in whether that has to be true, and every chain is watching the precedent. Summary A Cardano linked exploit drained about 16 million ADA from 374 wallets, with EMURGO outlining…

DeXe price has surged more than 20% in a single day, climbing to a new all-time high on July 10 as a breakout above key resistance and heavy short liquidations propelled the token to the top of the cryptocurrency market. Summary DeXe price surged over 20% to a new all-time high of $36.34 after breaking out of a bullish pennant. Heavy short liquidations and limited exchange supply accelerated the rally into price discovery. Bullish MACD, positive CMF, and rising whale activity support momentum despite overbought RSI conditions. According to data from crypto.news, DeXe (DEXE) price climbed to an all-time high…

Robinhood built a blockchain for tokenized stocks and institutional-grade real-world assets. In its first week, the chain did $570 million of volume against $21.68 million of liquidity, a 26-to-1 ratio that exists nowhere else in DeFi, and most of it was memecoin speculation. This is the launch-week autopsy: what the numbers actually show, what the chain was built for versus what it is being used for, and whether bought liquidity and degen volume can become a real economy. Summary Robinhood Chain processed $570 million in launch week trading volume with just $21.68 million in liquidity as memecoin activity dominated early…

Goldman Sachs has prohibited employees from trading prediction market contracts tied to the bank, elections, financial markets, macroeconomic data, and geopolitics as companies respond to growing insider trading risks on event-based platforms. Summary Goldman Sachs has barred employees from trading prediction market contracts tied to the bank, elections, financial markets, and geopolitical events. The move comes as companies face rising pressure to strengthen insider trading safeguards after regulators brought their first corporate prediction market case. Google, lawmakers, and state regulators have also tightened oversight of prediction markets as legal and compliance scrutiny continues to grow. CNBC reported that the investment…

Polymarket has filed three registration applications with the National Futures Association as it seeks to introduce margin trading for U.S. users. Summary Polymarket filed three NFA registration applications as it seeks to offer margin trading in the U.S. The platform would still need CFTC approval before introducing leveraged event contracts. Kalshi affiliate Kinetic Markets secured similar NFA approvals in March 2026. According to the National Futures Association’s BASIC database, Polymarket affiliate Coming Home GBA LLC submitted the applications through PM Derivatives LLC on July 3. The filings seek registration as a futures commission merchant, an NFA member, and a swap…

Bitcoin has climbed back above $63,000, gaining about 2% over the past 24 hours, as lower oil prices and softer U.S. bond yields have improved sentiment toward risk assets despite the crypto market remaining in extreme fear. Summary Bitcoin has climbed above $63,000 as easing oil prices and lower Treasury yields lifted risk appetite. The Crypto Fear & Greed Index remains in Extreme Fear, showing investor confidence is still weak. Technical indicators suggest improving momentum, with Bitcoin testing key resistance near $63,235. According to data from crypto.news, Bitcoin (BTC) traded around $63,250 on Thursday after recovering alongside other major cryptocurrencies…