Former Mt. Gox CEO Mark Karpelès probably wishes he had access to today’s artificial intelligence when he bought Mt. Gox from its founder, Jed McCaleb, in 2011
That’s because Karpelès has just fed an early version of Mt. Gox’s codebase into Anthropic’s Claude AI. What he got back was an analysis t

One of Iran’s largest private banks has fallen into bankruptcy, with the assets of more than 42 million customers being absorbed by the Iranian state-owned lender, Bank Melli.
Ayandeh Bank declared bankruptcy on Thursday after it accumulated $5.1 billion in losses and nearly $3 billion in debt,

Financial services company Western Union is set to pilot a stablecoin-based settlement system to modernize its remittance operations for its more than its 150 million customers.
During Western Union’s third-quarter earnings call on Thursday, CEO Devin McGranahan said the pilot is “focused on

Bitcoin’s (BTC) Stock-to-Flow (S2F) model, one of the most widely cited BTC valuation frameworks, forecasts a peak price of $222,000 during this market cycle, but investors should exercise caution when using the model, according to André Dragosch, the European head of research at investment firm Bit

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The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.
The correlation between the ISM PMI and Bitcoin’s (B

struggles with mainstream adoption partly due to inflationary token mechanics and a fragmented and intimidating user experience. Managing multiple wallets, seed phrases, gas fees and complex crosschain actions leads to user frustration and hesitation long before they benefit from DeFi's

Ripple has closed its acquisition of non-bank prime broker Hidden Road and rebranded it as Ripple Prime, marking one of the company’s most significant deals to date and substantially expanding its operations beyond the digital assets sector.
Ripple said it is now the first crypto company to own and

The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg said.
The UK’s top bank has already been examining market risks that could arise if AI companies fail to meet lofty valuations, warning that many could come

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