Goldman Sachs filed a registration statement with the SEC on April 14 for the Goldman Sachs Bitcoin Premium Income ETF, the first bitcoin ETF news from the Wall Street giant that proposes directly issuing its own crypto income product rather than simply holding third-party spot funds. Summary The fund will invest at least 80% of
A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts. An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35 UTC on Saturday, worth roughly $292 million at current prices
In the latest generative AI news, CBS MoneyWatch reported that US households are actively making room in their budgets for AI subscriptions, backed by Bank of America Institute data showing the number of paying AI subscribers has surged 38% from the 2024 average. Summary Approximately 3% of Bank of America households paid for AI services
Sen. Richard Blumenthal (D-Conn.) has asked the Justice Department and FinCEN for updates on the status of monitors overseeing Binance, citing concerns about the exchange’s compliance program and allegations of weak anti-money laundering controls, according to Fortune reporting. In letters sent Friday, Blumenthal referenced reports of Iranian-linked crypto flows and questioned whether Binance’s oversight structure
The Trump administration announced Thursday that New York will lose $73.5 million in federal highway funding after the Federal Motor Carrier Safety Administration found the state has refused to revoke nearly 33,000 commercial driver’s licenses issued to immigrants whose legal status had since expired, in this latest Trump administration news on federal funding as a
Corporations, US presidential candidate Mitt Romney reminds us, are people. Whether or not you agree with the conclusions that his partisans draw from that claim, the statement certainly carries a large amount of truth. What is a corporation, after all, but a certain group of people working together under a set of specific rules? When
A Bitcoin study of 400,000 scenarios found DCA beat lump-sum buying in Bitcoin’s 20% to 70% drawdown zone. A new Bitcoin market study has added fresh detail to the long-running debate over how to enter the asset. The research tested nearly 400,000 Bitcoin buying scenarios using 13 years of daily price data. It found that
Trump nominated Dr. Erica Schwartz as CDC director 2026 on Thursday, tapping a former Navy rear admiral and deputy surgeon general from his first term to lead an agency that has cycled through four leaders in the past 12 months and remains without a Senate-confirmed director since Dr. Susan Monarez was fired last August. Summary
In the first part of this series, we talked about how the internet allows us to create decentralized corporations, automatons that exist entirely as decentralized networks over the internet, carrying out the computations that keep them “alive” over thousands of servers. As it turns out, these networks can even maintain a Bitcoin balance, and send
The SEC Division of Trading and Markets published a staff statement, telling certain wallet-linked crypto trading apps they can operate without a broker-dealer license – for now – as long as they function as neutral software and stay out of the business of actually moving your money. The detail most headlines are missing, though, is
