California Wildfire Bets Expose Polymarket’s Dark Side

Democratic senators want the Commodity Futures Trading Commission (CFTC) to stop betting on California wildfires. They warn that traders could start fires to win their bets. The letter went to CFTC Chairman Michael Selig on Monday. Oregon Senator Jeff Merkley led it. It points back to wagers placed while Los Angeles burned in January 2025. […]

Using AI to Create Images? Europe Has a New Rule You Must Follow

The European Union began enforcing the AI Act’s transparency rules on Sunday. Chatbots operating in the bloc must now tell users they are talking to a machine, and AI-generated deepfakes require clear labels. The European Commission’s AI Office and national regulators also gained enforcement powers for the first time. Penalties reach €35 million or 7% […]

Bitmine Amasses 5.8M ETH, Closes In on 5% Supply Grab

Bitmine Immersion Technologies disclosed Monday that its cryptocurrency treasury has grown to $11.3 billion after increasing its ethereum holdings to nearly 5.8 million ETH, bringing the company within striking distance of owning 5% of the cryptocurrency’s total supply. Accelerate an Aggressive Ethereum Strategy On Monday, the company said its holdings totaled 5,797,813 ETH as of […]

US Tech Stocks See Largest 5-Week Inflow in History: Can Nasdaq Break Its Downtrend?

Tech stocks have attracted their largest five-week inflow in history, fresh fund flow data shows. The Nasdaq Composite has climbed for three straight sessions and now presses against a trendline that has capped it since June. The surge reverses a sharp July correction across megacap technology names. Fund flows and chart structure now point the […]

FalconX slashes 10% of staff and revamps Singapore strategy

FalconX’s workforce reduction signals potential instability in institutional digital asset markets, raising concerns about future service quality. The post FalconX slashes 10% of staff and revamps Singapore strategy appeared first on Crypto Briefing.

Hugging Face CEO says China leads in AI race and open models

China’s AI model dominance highlights a shift in global tech power, emphasizing the strategic importance of open, adaptable AI systems. The post Hugging Face CEO says China leads in AI race and open models appeared first on Crypto Briefing.