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Coinbase pulls support for major crypto bill. Here's what it means for the industry

Coinbase has withdrawn its support for a significant cryptocurrency bill aimed at establishing a regulatory framework for the industry. This decision comes amid concerns over the bill's provisions, which Coinbase believes could stifle innovation and impose excessive regulations. The move has raised alarms among industry advocates who fear it may hinder the progress of crypto legislation in the U.S. The withdrawal highlights ongoing tensions between crypto firms and regulators as they navigate the evolving landscape of digital asset governance. The future of the bill and its implications for the industry remain uncertain.

Read the full article: CoinDesk

AI, Impersonations Drove Crypto Scam Losses to Record $17 Billion in 2025: Chainalysis

In 2025, crypto scam losses reached a record $17 billion, driven largely by the rise of artificial intelligence and impersonation schemes, according to Chainalysis. The report highlights that scammers increasingly used AI tools to create convincing fake identities and messages, making it easier to deceive victims. Phishing attacks and fraudulent

Robinhood CEO Says AI Could Spark a ‘Job Singularity’

Robinhood CEO Vlad Tenev has warned that advancements in artificial intelligence (AI) could lead to a "job singularity," where a significant number of jobs are rendered obsolete. He emphasized that while AI has the potential to enhance productivity, it may also create widespread unemployment if not managed properly.

X Tightens Grok Image Generation Following International Backlash

X has implemented stricter controls on its Grok image generation feature after facing international backlash over the potential misuse of AI-generated content. The platform received criticism for allowing users to create misleading or harmful images, prompting concerns from various stakeholders, including governments and advocacy groups. In response, X has introduced

New Polymarket bettor places $40,000 on U.S. striking Iran tonight

A new bettor on Polymarket has wagered $40,000 on the likelihood of the U.S. striking Iran tonight. This significant bet highlights growing concerns and speculation surrounding geopolitical tensions between the two nations. Polymarket, a prediction market platform, allows users to place bets on various events, and this particular

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AI, Impersonations Drove Crypto Scam Losses to Record $17 Billion in 2025: Chainalysis

Robinhood CEO Says AI Could Spark a ‘Job Singularity’

X Tightens Grok Image Generation Following International Backlash

New Polymarket bettor places $40,000 on U.S. striking Iran tonight