In brief A Polymarket trader made $320,000 correctly betting on Joe Biden’s last-minute pardons with perfect timing. Two linked wallets placed high-risk bets with low odds and won every time, raising possible insider concerns. The trades add to broader scrutiny of well-timed bets on political events and calls for tighter oversight. A supremely well-timed Polymarket…
Publicly traded Bitcoin (BTC) mining companies sold more BTC in Q1 2026 than in all four quarters of 2025, as business conditions tighten for the mining industry. Publicly listed BTC miners, including MARA, CleanSpark, Riot, Cango, Core Scientific and Bitdeer, have collectively sold more than 32,000 BTC in Q1 2026, according to TheEnergyMag. The Q1…
In brief Meta is raising Quest VR headset prices by $50-$100 starting April 19, citing component shortages. Global memory chip constraints are affecting consumer electronics across multiple categories. Quest 3S models will cost $349.99 (128GB) and $449.99 (256GB), up $50 each. Meta announced it will raise prices on its Quest 3 and Quest 3S virtual…
In brief A federal court ruled AI chats lack legal privilege because Claude holds no law license. Now, big law firms are adapting their strategies accordingly, even though legal views are conflicting. Enterprise AI tools, used under attorney direction, may still qualify for protection. Two months ago, a federal judge in New York ruled that…
In brief Charles Schwab President and CEO Rick Wurster indicated that America’s largest discount brokerage will likely support prediction markets. However, he said that the company plans to steer clear of topics that touch pop culture, politics, and sports in favor of wagers tied to financial events. Separately, the company said that it is rolling…
In brief Anthropic just released its most capable Opus model yet, Claude Opus 4.7. The model delivers strong benchmark gains across coding and reasoning, but is not the controversial Mythos model that Anthropic offers to select partners. Claude Opus 4.7 shows visible chain-of-thought and unusually high token usage. Anthropic shipped Claude Opus 4.7 today, calling…
In brief Stack BTC CEO Jai Patel has exited the Bitcoin treasury firm’s board, with David Galan taking over as chief executive. Reform UK leader Nigel Farage has invested around $291,000 in the firm. The Liberal Democrats have called for an FCA inquiry into Farage’s promotion of Stack BTC. Stack BTC has replaced its chief…
In brief Mike Selig faced bipartisan criticism in Congress over prediction markets and crypto platforms like Hyperliquid. Lawmakers raised concerns about insider trading, war-related betting markets, and whether these products resemble gambling. Both parties warned unregulated platforms could pose risks to consumers and the broader economy. CFTC Chairman Mike Selig received pushback from both sides…
Key takeaways Australia could generate A$24 billion, or about $17 billion, annually from digital assets and tokenized finance. But that opportunity depends on whether policymakers establish clear and supportive regulatory frameworks. Tokenization could transform financial markets by improving liquidity, automating settlement processes and expanding investor access to assets such as foreign exchange, equities, government debt…
United Arab Emirates investors are leaning into the artificial intelligence sell-off rather than running from it, despite the regional conflict testing the Gulf’s ambitions to become a global hub for AI and digital assets. New eToro data shared with Cointelegraph on Wednesday show users in the UAE boosted holdings of software and AI infrastructure names…