Bank of America has named separate executives to run its digital-assets and AI-transformation businesses, treating crypto and artificial intelligence as permanent operations rather than pilot projects.
Beijing's Moonshot AI released the 2.8-trillion-parameter Kimi K3, which topped Claude and GPT on a coding benchmark. Hours later, Asian chipmaker stocks slid and bitcoin dropped below $63,000.
AI transaction monitoring is no longer just for crypto giants, but myths about it still confuse exchanger owners. Five get busted here — from "it's only for big platforms" to "AI can't be fooled."
Japan's government granted $2.4 billion to state-backed Noetra, which will build a data center powered by 27,500 Nvidia Rubin chips to train a homegrown AI model for robots and industry.
Exchanger clients rarely wait more than a couple of minutes for support before checking a rival's rate. Here's what AI support chat can actually do, where it breaks down, and how to pick a tool without compliance risk.
AI-powered fraud detection is everywhere in crypto exchange operations, but the marketing outpaces reality. Here are five common myths about it — and what these systems genuinely do well for an exchanger.
A Reuters scoop reveals Meta's internal memo: Iris, its first in-house AI accelerator, enters mass production in September. Designed with Broadcom, built at TSMC, targeting 14 GW of compute by 2027.
Fed Chair Kevin Warsh created five task forces to revamp monetary policy. Marc Andreessen of a16z will co-lead the AI productivity panel alongside Stanford economist Charles Jones and Microsoft's Asha Sharma.
OpenAI launched GPT-5.6 — three tiers: Sol tops Claude Mythos 5 on agentic coding benchmarks, Terra matches it at half the price. The release cleared a three-week US government review process.
SpaceXAI has launched Grok 4.5, built on a 1.5-trillion-parameter architecture. Elon Musk called it an Opus-level rival to Claude — faster and priced at just $2 per million input tokens.
SambaNova Systems closed a $1B Series F at an $11B valuation — five times higher than five months ago. JPMorganChase picked its SN40L and SN50 chips for secure on-premises AI inference.
AI transaction monitoring scores every payment in real time for fraud and compliance risk. For crypto exchangers it is no longer optional — it is the line between staying open and losing your banking partners.
The Claude-maker signed a 20-year lease with TeraWulf for a 401 MW campus in Kentucky worth $19 billion. A former Bitcoin miner just became the infrastructure backbone for one of the world's top AI companies.
KYC automation changes the exchanger equation: identity checks in 30 seconds instead of hours of waiting. We break down three verification tiers, what AI actually does and doesn't do, and how to pick a provider.
A researcher found obfuscated code in Claude Code that silently detected Chinese users via timezone checks and steganographic prompt changes. Anthropic removed it July 1, one day after public exposure.
"AI predicts Bitcoin at $200k" — catchy headlines, little truth. We unpack why a neural network can't forecast prices, what it actually can do, and how to tell real value from a scam.
Sam Altman proposed giving 5% of OpenAI to a US sovereign wealth fund — worth $42.6 billion at the $852B valuation. Anthropic, Google, and Meta would contribute similar stakes to the same fund under the plan.
Microsoft launched Frontier Company with a $2.5 billion budget and 6,000 engineers embedded inside enterprise clients — a push to close the gap between AI tools purchased and AI actually deployed.
Anthropic's most capable public model is running again. Claude Fable 5 returned on July 1 — two and a half weeks after it was pulled worldwide over sudden US export controls tied to a security incident.
The UN's first independent AI safety assessment, led by Nobel laureate Yoshua Bengio and 40 scientists, finds no guarantee that AI won't cause catastrophic harm as capabilities outrun governance.
