Elon Musk has finally launched his AI-powered and “truth” focused answer to Wikipedia on Monday — Grokipedia — amid ongoing beef with the incumbent platform over its editorial practices. In a series of posts via X on Monday following the launch, Musk stated that Grokipedia “is fully open source, so anyone can use it for anything at no cost” and that its goal is to “truth, the whole truth and nothing but the truth.” One X user already noticed a difference between the articles about George Floyd, an African-American man…
Category: Bitcoin News
Venezuela’s Stablecoin Reliance May Grow Amid Trump’s War Threats
Venezuela’s dependence on US-dollar pegged stablecoins could deepen amid a new threat of war, ongoing sanctions and the hyperinflation of the bolívar. Earlier this week, the US Department of Defense deployed its most advanced aircraft carrier to the Caribbean near Venezuela, as President Donald Trump signaled plans to conduct military strikes against drug cartels operating throughout the South American country. Trump has accused Venezuelan cartels of smuggling illicit substances into the US, fueling an opioid and narcotics epidemic. Venezuelan President Nicolás Maduro has dismissed the claims, pleading with Trump to…
AI Agents in Crypto Wallets Can Be Safe With Proper Safeguards
Agentic AI is likely to reshape how users interact with their crypto wallets in the future — particularly in trading and payments. While AI and blockchain executives note that it can be safe, it also won’t come without a new set of risks. Last week, crypto exchange Coinbase announced its new tool, Payments MCP, which grants AI agents access to the same onchain financial tools used by people. Announcing Payments MCP, the easiest way for AI agents to get onchain via x402. 🚀 It lets LLM models like Claude, Gemini,…
Bitwise and Canary ETFs to launch as US exchange posts listings
Crypto markets may see another wave of exchange-traded fund debuts this week, with Solana, Litecoin and HBAR funds appearing in US exchange listings ahead of a potential launch on Tuesday. According to Bloomberg analyst Eric Balchunas, US exchange listing notices have appeared for Bitwise’s Solana (SOL) ETF and Canary’s Litecoin (LTC) and Hedera (HBAR) ETFs, with the funds slated to go live on Tuesday. In an X post on Monday, Balchunas said Grayscale’s Solana Trust is expected to convert to an ETF the following day. Source: Eric Balchunas A crypto…
Republican Senator Says There’s a Small Time Frame for Passing Crypto Bill
North Carolina Senator Thom Tillis, a Republican member of the US Senate Banking Committee, reportedly warned that Congress has only a few months left to advance crypto legislation before election politics stall progress. According to a Monday Bloomberg report, Tillis said the 2026 midterm elections would likely hamper progress on any crypto bills currently moving through Congress, such as the market structure framework passed by the House of Representatives in July, which is currently under consideration in the Senate. Tillis said lawmakers should act “by the first part of January,…
Citi Partners with Coinbase to Test Stablecoin Payments
Citigroup could become one of Wall Street’s first major banks to offer stablecoin payment services, marking a potential milestone in the broader adoption of tokenized dollars following the passage of the GENIUS Act earlier this year. According to Bloomberg, Citi has partnered with crypto exchange Coinbase to expand its digital asset capabilities, initially focusing on making it easier for clients to move funds between fiat and crypto. Debopama Sen, Citi’s head of payments, said the bank’s clients are increasingly seeking programmability, conditional payments and greater speed and efficiency, alongside round-the-cock…
Indian Court Steps in over WazirX XRP Distribution Tied to 2024 Hack
An Indian high court issued a ruling that could impact how cryptocurrency exchanges handle claims filed by users following a hack or other incident potentially affecting their holdings. In a ruling delivered on Saturday, Justice N. Ananad Venkatesh of India’s High Court of Judicature at Madras ordered crypto exchange WazirX’s operator, Zanmai Lab, to furnish a bank guarantee for about $11,800 as part of arbitration proceedings brought by a user over 3,532 XRP (XRP) holdings. Zanmai has custody of the tokens, which were frozen after a 2024 cyberattack resulted in…
Michael Selig Confirms CFTC Nomination, but Questions Linger
US Securities and Exchange Commission (SEC) official Michael Selig announced that President Donald Trump had nominated him to chair the Commodity Futures Trading Commission (CFTC), citing a focus on crypto policies. The move still requires Senate approval and comes as the agency operates with several open seats. In a Saturday X posts, Selig and White House crypto and AI czar David Sacks confirmed reports that Trump would nominate him to chair the CFTC, setting the groundwork for the departure of acting Chair Caroline Pham. Selig, whose nomination did not appear in…
Michael Selig Confirms CFTC Nomination, but Questions Linger
US Securities and Exchange Commission (SEC) official Michael Selig announced that President Donald Trump had nominated him to chair the Commodity Futures Trading Commission (CFTC), citing a focus on crypto policies. The move still requires Senate approval and comes as the agency operates with several open seats. In a Saturday X posts, Selig and White House crypto and AI czar David Sacks confirmed reports that Trump would nominate him to chair the CFTC, setting the groundwork for the departure of acting Chair Caroline Pham. Selig, whose nomination did not appear in…
tZero plans 2026 IPO as crypto firms rush to go public
TZero Group, a New York–based blockchain infrastructure company specializing in tokenized securities and real-world assets, has announced plans to go public in 2026. The company on Monday disclosed plans for an initial public offering (IPO) in the United States. Founded in 2014, tZero helps companies raise capital and trade securities on blockchain-based platforms under US securities laws, including private offerings. CEO Alan Konevsky told Bloomberg that tZero is in talks with several banks but hasn’t chosen an underwriter. He said tZero, which employs just over 50 people and isn’t yet…