Bitcoin failed to make a decisive break above $80,000 as traders digested Fed Chair Kevin Warsh’s Jackson Hole keynote speech, which remained wary of US inflation trends. Bitcoin (BTC) saw volatility after Friday’s Wall Street open as markets reacted to US Federal Reserve chair Kevin Warsh’s comments on future monetary policy. Key points: Data from TradingView showed BTC/USD dipping to $78,442 on Bitstamp in volatile trading conditions, down around 1% at the time of writing. Read more
Bitcoin’s $80,000 rebound lifts crypto stocks as Circle, Strategy and Solana show how capital markets, stablecoins and onchain growth are driving crypto’s recovery. Bitcoin’s return above $80,000 is exposing just how much the crypto industry now runs through traditional capital markets. Michael Saylor’s Strategy needs a receptive market to finance its Bitcoin machine (BTC), Circle’s outlook increasingly resembles a bet on the growth of dollar-denominated financial infrastructure and Treasury bond buybacks helped provide the backdrop for the latest surge in crypto equities. This week’s Crypto Biz looks at how that relationship is reshaping the companies, balance sheets and networks behind the market’s rebound. Bitcoin’s rally above $80,000 lifted crypto stocks as miners and digital asset treasury companies posted double-digit gains, tracking a broader recovery fueled by the US Treasury’s plan to double certain long-dated bond buybacks. Read more
If your personal AI agent goes rogue and causes harm or financial damage in the real world, can you be held liable? Autonomous AI agents can behave in highly unpredictable ways. Give an AI Agent a goal such as passing a test of its capabilities, and it might just decide the best way to score highly is to break containment and hack into a competing company in search of the answer sheet. That’s what happened when Open AI’s GPT-5.6 Sol hacked into Hugging Face last month. Anthropic and Meta subsequently admitted their models had also escaped testing sandboxes to hack third parties too. But who is legally liable for agents that have minds of their own? OpenAI didn’t intend for the model to go rogue, and issued no instructions for it to do so. If your personal AI agent decides on a course of action that results in harm or financial damage in the real world, can you be held liable if it’s something you could have reasonably foreseen?” Magazine spoke with Rikka Law Group owner and CEO Charlyn Ho to find out the sta...
Polish Olympic Committee president Radosław Piesiewicz faces charges as prosecutors investigate his ties to collapsed cryptocurrency exchange Zondacrypto. Polish prosecutors charged the head of the Polish Olympic Committee in an investigation linked to defunct cryptocurrency exchange Zondacrypto. Authorities detained the committee’s president, Radosław Piesiewicz, in connection with the Zondacrypto probe, Poland’s Justice Minister and Prosecutor General Waldemar Żurek announced in an X post on Thursday. Żurek later said prosecutors charged Piesiewicz under two provisions of Poland’s Penal Code, involving allegations of influence peddling and favoring some creditors over others while facing insolvency. Read more