Apate’s 200,000 fake AI ‘victims’ are so good at scam baiting, the company has a monthly KPI for how many F-bombs scammers drop at the infuriating bots. Australian tech firm Apate deploys a vast array of AI-bot characters worldwide that play the role of gullible scam victims to waste millions of hours of con artists’ time each month. Hilariously, one of the company’s monthly performance metrics is how many times frustrated scammers swear at the idiot ‘victims’ who are playing dumb and stringing them along. “I think we’re the only company in the world that is actually keeping as part of their KPIs the number of F-words that scammers are dropping at them,” Apate founder Dali Kaafar tells Magazine with a chuckle. Read more
“Crypto mom” Hester Peirce praised the SEC’s proposed crypto regime, published days after the Senate failed to pass the CLARITY Act, the US’ first comprehensive industry framework. The Securities and Exchange Commission’s (SEC) new regulatory proposal marks a significant step forward from a set of “inapt” crypto rules to clearer and more enforceable digital asset regulations, according to Commissioner Hester M. Peirce. A “whole generation has struggled with the SEC’s insistence” and the application of “a set of inapt rules to crypto,” but the SEC’s new crypto guidelines mark an important step toward “putting clear, sensible, enforceable rules in place for crypto offerings,” said Peirce in a statement released on Tuesday. SEC Chairman Paul S. Atkins also praised the initiative and said that the agency’s prior enforcement-heavy approach has “driven investment offshore, limiting the type of protections that we can provide investors here,” according to a separate statement. Read more
Symbiotic’s Liquid Lane gives eligible holders immediate USDC liquidity across three Centrifuge funds managed by Janus Henderson and NYLIM. Centrifuge has added Symbiotic’s liquidity network across three tokenized funds that represent about $1.6 billion in assets under management, giving eligible holders another route to exchange their positions for USDC. The integration covers Janus Henderson’s JAAA, an AAA-rated collateralized loan obligation strategy, JTRSY, a short-duration US Treasury strategy and New York Life Investment Management’s HYB, a US high-yield corporate bond strategy. Symbiotic’s Liquid Lane uses an onchain request-for-quote (RFQ) marketplace where market makers can tap liquidity from vaults to fill redemption requests. Market makers can then redeem the acquired fund tokens through the issuer or sell them through another RFQ transaction. Read more
Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s second-largest Bitcoin treasury by holdings. Sweden-listed health-tech and Bitcoin treasury company H100 Group reported a pre-tax loss of 98 million Swedish kronor ($10.3 million) for the second quarter and a loss of 253 million kronor for the first half of 2026. H100 also reported 3 million kronor in operating income, flat with Q2 2025, and 6.1 million kronor for H1 2026, up from 5.8 million kronor for H1 2025, according to its interim report published on Wednesday. Nearly all of the Q2 loss was a non-cash write-down attributed to Bitcoin’s (BTC) price decline during the period, the company said in a Wednesday X post. Read more
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong demand from institutions. Ripple raised $275 million in a senior note offering that closed on Tuesday to support blockchain enterprise solutions provider’s ongoing US business expansion into financial services. The senior unsecured notes were issued in a private placement by the company’s non-bank prime brokerage, Ripple Prime, the company announced on Tuesday. Ripple said the note offering attracted a diverse base of institutional investors from financial markets. Ripple Prime President Noel Kimmel said that the support received during the note offering is a signal of “confidence in our long-term vision for the growing intersection of traditional and digital asset financial infrastructure.” Read more
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated. Bitcoin (BTC) falling more than 50% from its $126,200 all-time high was a “positioning correction,” BlackRock says. Read more