Tagged: us

Anthropic Proposes Congress Bill Mirroring Claude’s Internal Safety Policies

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Anthropic, the developer of the Claude series of models, has been privately circulating a draft bill to lawmakers on Capitol Hill that would establish federal rules for frontier AI systems. According to reporting by Politico, which obtained the confidential proposal and spoke with three people… Read More

Bank of America Engages Contractors to Address Software Weaknesses Identified by Anthropic’s Mythos

Bank of America (NYSE: BAC) brought in roughly 1,000 external contractors during the second quarter of 2026 to help its existing workforce close software vulnerabilities uncovered by advanced AI models, including Anthropic’s Mythos, CEO Brian Moynihan disclosed in an interview with CNBC following the bank’s… Read More

Binance.US Eyes $1B Valuation in New Funding Round to Compete with Coinbase and Kraken in US Markets

Binance.US, the U.S.-focused cryptocurrency trading platform, is reportedly exploring a new private capital raise of as much as $100 million that would value the company at approximately $1 billion. According to people familiar with the confidential discussions, the potential round is intended to strengthen the… Read More

Prometheum and Federated Hermes Partner to Bring Tokenized Funds into Mainstream US Brokerage Accounts

Prometheum and Federated Hermes (NYSE: FHI) have recently formed a partnership aimed at bringing tokenized fund shares into the regulated US brokerage system that serves most American investors. Announced on October 13, 2026, the collaboration pairs Federated Hermes, the active asset manager overseeing roughly $912… Read More

Hyperliquid Broadens Access to Tokenized US Equities via EQX Labs Initiative

Decentralized trading platform Hyperliquid is set to deepen its presence in traditional asset markets after EQX Labs announced plans to introduce a suite of tokenized US stocks and exchange-traded funds. The offering, scheduled to go live soon on Hyperliquid’s HyperCore infrastructure, will enable continuous, round-the-clock trading of these… Read More

Zohar Pinhasi, Owner of MonsterCloud, Charged by Eastern District of New York with Defrauding Ransomware Victims

Federal prosecutors in the Eastern District of New York have charged a dual US and Israeli citizen who operated a Florida-based ransomware recovery firm with wire fraud, alleging he misled clients by promising specialized decryption capabilities while quietly paying off the same cybercriminals who had… Read More

Nubank ($NU) Advances Business Expansion Plans via US Launch, AI Credit Models, and Fintech focused Leadership

Brazil’s Nubank (NYSE: NU), the digital bank that has scaled to more than 140 million customers across Latin America with roughly 10,000 employees and no physical branches, has taken concrete steps into the United States while its leaders outline how artificial intelligence could expand credit access… Read More

Nasdaq Adena Friedman CEO Sees Tokenization Freeing Billions in Locked Collateral Amid Broader TradFi and DeFi Convergence

Nasdaq (NASDAQ: NDAQ) chief executive Adena Friedman has highlighted how representing traditional assets and cash movements as blockchain-based tokens could release substantial capital currently immobilized as collateral across global markets. Speaking at the TOKEN2049 conference in Singapore, she explained that converting instruments such as US… Read More

Coinbase Payment Fraud Test Results Show Newer AI Models Missed More Cases

Payments related fraud is rising worldwide, and a recent Coinbase (NASDAQ: COIN)  evaluation has shown that simply moving to newer large language models does not automatically improve specialized fraud detection. In its “Owning Intelligence” engineering series, published in early October 2026, crypto exchange Coinbase detailed… Read More

US Treasury Secretary Bessent Says Authorities Likely to Seize $1B in Iran-Linked Crypto This Week

US Treasury Secretary Scott Bessent stated that American authorities are likely to confiscate roughly one billion dollars in digital assets connected to Iran in the coming days.  The remarks came during a discussion with Greta Van Susteren at Newsmax’s NPolicy Summit in Washington, D.C., on… Read More

Robinhood Markets and SoFi Offer Transfer Incentives as Webull Faces China Related Scrutiny

Robinhood Markets (NASDAQ: HOOD) and SoFi (NASDAQ: SOFI), along with Public, are offering 3% match incentives on ACATS transfers of portfolios from Webull (NASDAQ: BULL) users, with deadlines falling around mid-October 2026 and multi-year holding requirements of roughly five years to avoid clawbacks. These promotions come… Read More

Western AI Labs Answer Chinese Open Models with Open-Weight Releases

Western laboratories are answering Chinese open-weight momentum and the dominance of closed frontier systems with a cluster of new releases aimed at organizations that want more control over how AI models are run. In the past week, Nvidia (NASDAQ: NVDA) backed Reflection AI and the… Read More

Blockchain.com Seeks CFTC Approval to Launch US Prediction Markets and Crypto Derivatives

Blockchain.com, a long-established digital asset platform, has moved to secure regulatory clearance that would allow it to expand into US prediction markets and cryptocurrency derivatives trading. The company informed CNBC that it has submitted applications for two licenses from the Commodity Futures Trading Commission (CFTC),… Read More

FinCEN Drops 2023 Crypto Mixing Proposal After Privacy and Reporting Pushback

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has withdrawn a 2023 proposal that would have treated international crypto mixing as a primary money laundering concern, citing warnings that the measure could discourage lawful privacy use and load banks and other covered firms with heavy… Read More

Office of the Comptroller of the Currency (OCC) Sued Over Crypto Trust Bank Charters

Community bankers have taken the Office of the Comptroller of the Currency (OCC) to federal court, arguing that the agency has stretched its chartering power to let cryptocurrency firms enter the banking system under a lighter set of rules than traditional lenders face. On October… Read More

SEC Proposes Conditional Crypto Custody Framework for Advisers and Funds

The US Securities and Exchange Commission (SEC) on October 1, 2026, advanced a package of proposed amendments and new provisions under the Investment Advisers Act of 1940 and the Investment Company Act of 1940 aimed at creating a workable path for registered investment advisers and… Read More

BitGo CEO Warns Stalled CLARITY Act Leaves Capital Markets Open to a Risk Worse Than Lehman

BitGo’s chief executive has warned that the US Senate’s failure to advance the CLARITY Act leaves American capital markets exposed to a concentrated failure he believes could prove more damaging than the 2008 collapse of Lehman Brothers. Mike Belshe made the argument at Korea Blockchain… Read More

Crypto Tax Filers Face Final October 15, 2026 Deadline as US Rules Tighten without CLARITY Act

With roughly two weeks remaining before the October 15, 2026 cutoff, US holders of digital assets who requested more time earlier in the year face a final chance to submit their 2025 federal returns. That date marks the end of the automatic six-month extension available… Read More

Global Bond Yields Hit Multi-Decade Highs as Stocks Hold and Crypto Consolidates into Q4 : Analysis

Government bond markets worldwide came under renewed strain at the start of October as investors reassessed the path of inflation and growth, pushing sovereign yields to levels not seen in decades and lifting borrowing costs across major economies. The benchmark 10-year US Treasury yield briefly… Read More

XRP Treasury Firm Evernorth Clears Shareholder Vote Ahead of Oct 8 Nasdaq Debut

Evernorth Holdings has cleared a decisive shareholder hurdle on the way to a planned Nasdaq listing, after investors in its blank-check merger partner backed the deal that would turn the firm into a publicly traded vehicle centered on XRP. Evernorth and Armada Acquisition Corp. II… Read More

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