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A New York state assemblymember and congressional candidate has proposed an artificial intelligence dividend program for US citizens to address potential job losses stemming from advances in AI technology. In an X post on Sunday, New York lawmaker Alex Bores outlined a plan to prepare the US and its citizens for the "potential large-scale displacement

Decentralized lending platform Aave’s risk management provider has outlined two scenarios on how bad debt from the Kelp DAO exploit over the weekend could impact the ecosystem, depending on how the losses are allocated. The incident began on Saturday when hackers stole 116,500 Kelp DAO Restaked ETH (rsETH) tokens worth $293 million from Kelp DAO’s

John Oliver, host of HBO’s “Last Week Tonight,” targeted prediction market platforms on his show’s latest weekly deep dive. In Sunday’s airing of the show, Oliver discussed some of the trivial event contracts on platforms like Kalshi and Polymarket, including betting whether members of the Trump administration would use certain words in public addresses, to

Bybit led an $8 million Series A funding round in Hata, a dual-licensed digital asset exchange operating in Malaysia. The round also included participation from global family offices and followed Bybit’s earlier investment in Hata’s $4.2 million seed round. According to Monday’s announcement, the funding will be used to improve liquidity, expand the user base

Since Paul Atkins was sworn in as chair of the US Securities and Exchange Commission (SEC) on April 21, 2025, the agency has significantly changed its position on regulation and enforcement related to digital assets, marking a shift from the leadership of former Chair Gary Gensler during the Biden administration. During his 2024 presidential campaign

Key points: Buyers aggressively bought into the dip in Bitcoin, indicating positive sentiment. That increases the possibility of a rally to $84,000. Several major altcoins have pulled back to their support levels, signaling that the bears remain sellers on rallies. Bitcoin (BTC) corrected over the weekend but is finding buyers at lower levels, indicating a

Tether has taken an 8.2% stake in Antalpha, making the stablecoin issuer one of the company’s largest shareholders following its May 2025 initial public offering (IPO), according to a Monday filing. The Schedule 13D filing with the US Securities and Exchange Commission indicates that Tether now holds 1.95 million shares through related entities, with Giancarlo

An Ethereum whale has opened a significant long position on Ether (ETH) worth $90.8 million, in what looks like a bold bet that the upside is not over for the top altcoin. Key takeaways: Ethereum whale opened a leveraged long position totaling $90.8 million. Ether price chart’s ascending triangle targets $3,230. Top traders open new

Bitcoin (BTC) erased losses after Monday’s Wall Street open as markets largely shrugged off the return of the US-Iran war. Key points: Bitcoin joins stocks in a muted reaction to the latest US-Iran deterioration and closure of the Strait of Hormuz. BTC price manages to top 2.5% daily upside despite the lack of resolution. Analysis

Bitmine Immersion Technologies, the world’s largest public holder of Ether, increased its ETH treasury last week with another large purchase. The company acquired 101,627 ETH during the week of April 13 to April 19, according to a press release and an accompanying Form 8-K filing with the US Securities and Exchange Commission on Monday. The