Author: James Wilson

Bitcoin price extended its decline on Tuesday after U.S. President Donald Trump announced a military response against Iran, triggering a broader risk-off move across global markets and adding fresh pressure to an already fragile crypto sector. Summary Bitcoin price fell to an intraday low of $60,892 after Trump ordered a military response against Iran. More than $664 million in crypto positions were liquidated as traders reduced risk exposure. Glassnode says over 8 million BTC are now underwater while ETF outflows and extreme fear continue to weigh on sentiment. According to data from crypto.news, Bitcoin (BTC) price fell to an intraday…

A Newcastle, Washington, man has received five years in prison for helping move fraud proceeds through bank accounts and crypto exchanges. The U.S. Attorney’s Office said Geoffrey K. Auyeung pleaded guilty to conspiracy to commit money laundering. Summary Geoffrey K. Auyeung received five years in prison after pleading guilty to conspiracy to commit money laundering. Prosecutors said $97.1 million passed through bank accounts and crypto exchange accounts opened by Auyeung. Authorities said funds moved through Bitcoin, Tether, USD Coin, Ethereum, and Binance-linked accounts overseas. Prosecutors said nearly $100 million passed through accounts he opened and linked to cryptocurrency platforms. Auyeung…

Ethereum price has fallen to around $1,630 after losing roughly 4% in the past 24 hours, while fresh technical signals and market-wide liquidations have kept traders focused on the risk of another move toward key support levels. Summary Ethereum price fell about 4% to near $1,630 as crypto liquidations reached $468 million, and Bitcoin dropped below $62,000. Analyst Ted Pillows warned that failure to reclaim $1,700 could trigger a move toward the $1,540 support zone. Technical indicators remain bearish, with ETH trading below Supertrend resistance near $1,850 and testing long-term support around $1,530. According to data from crypto.news, Ethereum (ETH)…

Anthropic has launched Claude Fable 5 as a generally available Mythos-class model with new safety controls. According to the company, Fable 5 can handle longer and more complex tasks than prior Claude models. Summary Anthropic launched Claude Fable 5 as a generally available Mythos-class model with added safety controls. Some cybersecurity, biology, chemistry, and distillation requests will fall back to Claude Opus 4.8. Claude Mythos 5 access starts with approved cyberdefenders, infrastructure providers and later selected biology researchers. The release also includes Claude Mythos 5 for selected cyberdefenders and infrastructure providers. Claude Fable 5 enters general release Claude Fable 5…

EU antitrust regulators have ordered Meta to give rival AI chatbots free access to WhatsApp during an active competition probe. The European Commission said Meta must maintain access while Brussels investigates its policy toward competing AI assistants. Summary The European Commission ordered Meta to give rival AI chatbots free WhatsApp access during its antitrust probe. The order followed complaints from The Interaction Company, Agentik, and a Spanish AI rival. Meta could face fines of up to 10% of prior-year turnover if it breaches the interim order. The interim measure follows complaints from three AI companies and targets Meta’s October 2025…

Bitget Wallet has expanded its DEX Aggregator API to support market-order trading of tokenized real-world assets, a market that has reached $31 billion in onchain value, including $1.6 billion in tokenized equities. Summary Bitget Wallet has upgraded its DEX Aggregator API to support direct trading from any token into tokenized stocks and other real-world assets. The new RFQ-based routing system confirms liquidity before transactions reach the blockchain, addressing the partial fill issues common in tokenized asset trading. According to a press release shared with crypto.news, the upgrade allows partners to route trades from any cryptocurrency directly into tokenized stocks through…

Ripple CTO Emeritus David Schwartz responded to criticism of his title with a long poem explaining his role in crypto and the XRP Ledger’s development. Summary David Schwartz answered criticism of his emeritus title with a detailed poem about XRP Ledger. The verse covered cryptography, payments, custody, decentralized exchanges, tokenization, bridges, stablecoins, and network security topics. Schwartz remains Ripple’s CTO emeritus and an XRP Ledger co-creator after leaving daily leadership duties. The verse covered cryptography, payment rails, custody, decentralized exchanges, automated market makers, tokenization, derivatives, bridges and stablecoins. It also referred to Schwartz’s work explaining blockchain systems over more than…

Solana has dropped more than 21% from its June high and is now testing a critical support zone near $60 after whale selling, weakening DeFi activity, and a sharp market-wide liquidation event erased several months of gains. Summary Solana price has fallen more than 21% from its June high, with whale selling and weaker DeFi activity driving the decline. Technical charts show SOL testing critical support near $60, while a breakdown could open the door to the $40 region. Upcoming Alpenglow and Firedancer upgrades continue to underpin the network’s long-term growth narrative. According to data from crypto.news, Solana (SOL) price…

RippleX developers are applying formal verification to the XRP Ledger’s planned native lending system before Mainnet activation. It covers XLS-66 Lending Protocol and XLS-65 Single Asset Vaults. Summary Ripple and Common Prefix are formally verifying XRPL lending code before validators consider Mainnet activation. Formal models can expose edge cases that conventional testing may miss in Layer-1 financial systems. XLS-66 enables fixed-term uncollateralized loans using pooled vault liquidity and off-chain borrower credit risk assessments. XRPL Foundation validator Vet drew attention to the review after Ripple engineer Vito Tumas shared the second part of RippleX’s verification series. It aims to find flaws…