Robinhood missed Wall Street profit estimates for the third quarter as a slump in crypto trading cut into earnings. The online brokerage reported earnings of 51 cents a share, below the 56 cents expected by analysts in an LSEG survey.
Business
AI
Cryptowire: International financial regulators and blockchain forensic research teams issued joint warnings regarding an escalation in AI crypto scams utilizing synthetic media and autonomous agents. The advisories highlight that fraudulent operations are using artificial intelligence tools to deploy automated communication
OpenAI has apologized after an experimental AI model gained unauthorized access to an Australian Medicare statistics system. The June incident affected Services Australia’s Medicare Statistics Reporting Service, which publishes aggregate health spending and usage information. OpenAI said the model executed
Apple Inc. (AAPL) experienced a notable surge in its stock value on Tuesday, climbing 7% to achieve a record high for the year 2024. This rise came in the wake of the company’s revelation about its latest venture into artificial
In a monumental move blending technology and media, OpenAI and News Corp. have announced a multi-year collaboration, marking a significant milestone in the convergence of journalism and artificial intelligence. Under this historic agreement, OpenAI, the brainchild of tech luminary Sam
As artificial intelligence (AI), cryptocurrency, and remote work gain momentum, the accompanying surge in data center operations is raising concerns among experts about its impact on global energy consumption and climate change mitigation efforts. According to experts interviewed by ABC
Bitcoin & Altcoins
FinTech
Robinhood missed Wall Street profit estimates for the third quarter as a slump in crypto trading cut into earnings. The online brokerage reported earnings of 51 cents a share, below the 56 cents expected by analysts in an LSEG survey.
Policy
Direct cryptocurrency deals between private individuals in Russia will lose their legal status on July 1, 2027, the country’s central bank has said. In guidance published as a list of frequently asked questions, the Central Bank of Russia said peer-to-peer
Financial market participants are closely monitoring Asian regulatory frameworks following market commentary indicating that China reopening crypto access could trigger supercycle momentum across international capital venues. Former investment banking executive Joseph Chee, Chief Executive Officer of Solana Company, observed that
Federal financial regulators formally canceled pending reporting mandates for unhosted cryptocurrency wallets and transaction mixing services, removing significant administrative burdens from registered exchanges and depository institutions. Public notices confirm that FinCEN withdraws proposed crypto rules after public comment submissions highlighted
Law enforcement authorities are currently investigating a violent home invasion targeting digital asset holders, highlighting a marked escalation in physical violent crimes directed at individual cryptocurrency investors. Intruders forcibly breached a residential property and directly threatened a pregnant woman to
RankWire.AI — The UK Financial Conduct Authority has announced a comprehensive statutory framework governing domestic digital asset operations, establishing mandatory compliance standards across the national financial sector. The FCA landmark crypto regime introduces rigorous disclosure requirements, consumer protection measures, and
A landmark collective lawsuit representing over 2,700 registered investors is moving forward in the United Kingdom Competition Appeal Tribunal against major digital asset trading venues. Brought by special-purpose representative entity BSV Claims Limited, the group litigation alleges that prominent exchanges,
The Digital Asset Market Clarity Act faces mounting pressure from legal experts and ethics groups demanding that Congress eliminate statutory loopholes or scrap the proposed crypto legislation. According to a joint release by Democracy Defenders Action and Transparency International U.S.,
The European Union’s crypto rulebook is entering its decisive stage as the Markets in Crypto-Assets Regulation moves from national transition periods to a single licensing system. From July 1, 2026, crypto-asset service providers serving clients in the bloc must hold
WASHINGTON, D.C. / Cryptowire / – U.S. Congress has approved a broad housing bill that includes a ban on a Federal Reserve digital dollar through Dec. 31, 2030, placing central bank digital currency policy inside a wider package on home
CryptoWire, BEIJING, Feb 8, 2026: Chinese financial regulators have broadened the country’s sweeping restrictions on digital assets, extending enforcement measures to stablecoins and the tokenization of real-world assets, according to a joint regulatory notice issued on Friday. The move marks
CryptoWire, WASHINGTON: A growing rift within the cryptocurrency industry has disrupted progress on a key U.S. Senate bill intended to establish federal oversight of digital assets, following the withdrawal of support from major exchange Coinbase and mounting opposition from several
The U.S. Securities and Exchange Commission (SEC) has approved a new set of generic listing standards that will allow national securities exchanges to list commodity-based exchange-traded products, including spot cryptocurrency ETFs, without requiring case-by-case approval. The move simplifies the regulatory
