Bitchat, Jack Dorsey’s censorship-resistant, Bluetooth-enabled messaging app, has gone viral again, this time due to the Indian Government trying to get it banned from GitHub. In this latest round of authoritarian measures versus decentralized technologies, Bitchat has won. In July 2025, Jack Dorsey announced a new messaging application he described as a weekend project. The
Chipmakers Back AI Data Center Boom In a Bernstein research note published Thursday, analyst Gautam Chhugani said the 530 megawatts contracted capacity agreement highlights a broader shift in AI infrastructure financing. Major chipmakers increasingly backing long-term data center leases signed by former Bitcoin miners. Bernstein argues that chipmakers are increasingly using their balance sheets to
Crypto’s next push into traditional finance may not come from another stablecoin or tokenized stock. According to Grayscale, onchain vaults could be the industry’s next major breakthrough, bringing blockchain-based asset management closer to the mainstream financial system. The firm’s latest research argues that while stablecoins, tokenized assets, and perpetual futures have already started crossing into
As the sentiment on the crypto market continues to change by the hour, on-chain tracker Whale Alert recorded the transfer of exactly 500,000,000 $USDT from Binance’s hot wallet to a secure address belonging directly to Tether Treasury. The massive transfer coincided with an important technical moment, as Bitcoin had just staged a local rebound and
Binance Research’s new report titled “Half-year 2026: Macro & Bitcoin” has shed more light on how the cryptocurrency performed in the first half of the year. The report showed that Bitcoin declined by 32% year-to-date, and it is currently down by over 50% from its all-time high of $126,080, which it hit in October 2025.
$BNB Plus, formerly known as Applied DNA Sciences, now pairs a $BNB treasury strategy with its LineaRx biotechnology business. The company agreed to pay $1 million in cash and issue 200,000 preferred shares to end its relationships with Cypress, which had held discretionary authority over company-designated crypto accounts and wallets. The July 23 deal followed
3iQ, the Toronto digital asset manager now owned by Japan’s Coincheck, has announced that it will manage a portion of the Bitcoin reserves behind Bhutan’s Gelephu Mindfulness City (GMC). 3iQ will be the special economic zone’s first named manager for the sovereign crypto it plans to build a financial hub on. Why is 3iQ managing
The US GDP and inflation data releasing Thursday carry more weight than usual. With the Federal Reserve locked in a tense standoff over rates, three dissenting members calling for hikes, and the Middle East crisis pushing oil prices higher, the numbers landing at 13:30 GMT could either validate the Fed’s cautious stance or crack it
Situational Awareness, the hedge fund founded in 2024 by ex-OpenAI researcher Leopold Aschenbrenner, has approached investors and lenders for fresh capital after suffering heavy losses in the recent artificial intelligence stock sell-off, the Financial Times reported Thursday. The fund, which the Wall Street Journal said had around $20 billion in assets under management as of