Day: March 12, 2026

Tesla secures SpaceX stake through xAI merger ahead of IPO

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Tesla has received regulatory clearance to convert its investment in Elon Musk’s artificial intelligence firm xAI into a small stake in SpaceX, formalizing financial ties between the billionaire’s companies ahead of the rocket maker’s planned initial public offering, according to a Bloomberg report. Filings with the US Federal Trade Commission list Tesla as the acquirer of a SpaceX stake from Musk. The documents, dated March 11, also show Musk selling additional holdings to investors, including Valor Equity Partners and DFJ Growth. The filings relate to Tesla’s previously disclosed $2 billion…

Cryptio Raises $45M As Tokenized Finance Drives Demand For Accounting

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Cryptio, an accounting and data platform focused on regulated digital assets, has raised $45 million in a Series B funding round, highlighting growing demand for tools that help financial institutions reconcile and report blockchain-based transactions within traditional accounting systems. The round was co-led by venture firms BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, Alven and Ledger Cathay Capital.  Cryptio develops software that helps companies reconcile activity across wallets, custodians and exchanges, translating blockchain transaction data into accounting records used for financial reporting, audits and compliance.…

Strong Investor Demand Meets Weak Bitcoin Futures as Price Slumps

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Bitcoin (BTC) failed to break beyond $71,000 on Thursday, partially driven by the decline in the US stock market, with BTC funding rates dropping deeper into negative territory. Key takeaways: Bitcoin bears show high conviction as funding rates drop, but steady institutional buying keeps sellers in check. Gold and government bond yields are rising, making it harder for Bitcoin to compete as a top-tier store of value. Bitcoin futures imply moderate market stress Traders fear that a prolonged war in Iran could cause havoc in the energy markets, negatively impacting…

Coinbase Execs Say They Aren’t Opposing BTC Tax Exemption

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Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin (BTC) transactions below a certain threshold to push for stablecoin tax exemptions. Several Bitcoin advocates speculated on social media that the exchange told US lawmakers that a BTC tax exemption is not needed because BTC is not widely used as a medium of exchange. Coinbase CEO Brian Armstrong responded by calling the allegations “totally false” and a form of misinformation. “I’ve spent a bunch of time lobbying for Bitcoin’s de minimis…

CFTC Chair Opens Prediction Markets Rulemaking to Public Comment

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“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), has proposed a rule that could amend or issue new regulations over event contracts on prediction markets platforms like Kalshi and Polymarket. In a Thursday notice, the CFTC issued a staff advisory classifying event contracts on prediction markets as a “financial asset class.” The regulator also submitted an Advanced Notice of Proposed Rulemaking to be…

Anthropic expands Claude with in-chat visualizations and diagrams

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Anthropic unveiled a new feature on Thursday that allows users to generate interactive visualizations directly within the Claude chat interface. Claude can now build interactive charts and diagrams, directly in the chat. Available today in beta on all plans, including free. Try it out: https://t.co/tHPAZRgQkn pic.twitter.com/WXRrD4VkAt — Claude (@claudeai) March 12, 2026 Claude will automatically determine when a prompt could benefit from a visual aid and generate diagrams, charts, or tables inline within the conversation. The visuals appear inside the chat rather than in Claude’s side panel artifacts, which typically…

Wyoming’s Frontier Stable Token launches on Hedera

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Wyoming’s Frontier Stable Token (FRNT), the first stable token issued by a US state, is now live on the Hedera network, the team said Thursday. The launch brings the stablecoin to eight blockchains in total, with deployments already live on Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana. Mance Harmon, co-founder of Hedera, said the platform’s infrastructure provides the reliability needed for regulated industries to innovate in digital payments. “At the core of all this is trust,” Harmon said. “Hedera technology provides the reliable foundation regulated industries need to innovate…

Will private credit break the Bitcoin price?

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There is a growing risk that a looming crisis in the private credit market, fueled by rising redemptions and defaults, could spill over into Bitcoin (BTC) and crypto markets, according to analysts. Key takeaways: The $2 trillion private credit sector faces a crisis from defaults, redemptions, and limited oversight. A liquidity crunch may force investors to sell readily accessible assets, like Bitcoin, first. Historical crises show Fed interventions often lead to strong Bitcoin price rallies as a hedge against money supply expansion. The private credit ticking time bomb? The private…

Microsoft launches Copilot Health AI assistant, allowing users to upload medical and wearable data

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Microsoft launched Copilot Health, a new artificial intelligence health assistant integrated into its consumer Copilot chatbot, expanding the company’s push into AI-driven medical tools. The feature allows users in the United States to upload medical records and data from wearable devices into a dedicated health portal within Copilot. The system then analyzes that information to provide personalized health guidance and answer medical-related questions. Mustafa Suleyman, Microsoft’s head of consumer AI, said the company aims to replicate aspects of concierge-style medical support by offering users continuous access to health information powered…

Tether Backs Ark Labs in $5.2M Round to Expand Stablecoins on Bitcoin

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Tether’s investment arm has invested in Ark Labs, the developer of the programmable Bitcoin infrastructure Arkade, as part of a $5.2 million funding round to expand stablecoin capabilities on the Bitcoin network. According to Thursday’s announcement from Ark Labs, the investment is intended to support infrastructure that enables stablecoins such as USDT (USDT) to be issued, transferred and settled more efficiently on Bitcoin (BTC). The Lugano, Switzerland-based startup is developing an execution layer designed to support instant and programmable transactions on Bitcoin. The funding round brings the company’s total funding…