Bitcoin firms ask AI labs for same tools attackers already have

SummaryMore than three dozen bitcoin and crypto firms are urging major AI labs to give open-source security researchers early access to their most powerful models, arguing defenders are using weaker tools than attackers.The letter, organized by the Bitcoin Policy Institute and signed by companies including Coinbase, Block and ARK Invest, says Bitcoin Core developers are locked out of trusted-partner programs and hampered by safety filters on public models.Recent exploits against BTCPay Server and Lightning nodes, uncovered in part by an AI-powered volunteer “Bitcoin Red Team,” underscore the signatories call for early model access, compute resources, secure testing environments and direct channels to lab security teams.  More than three dozen bitcoin and crypto companies have asked the largest AI labs to give open-source security researchers early access to their most capable models, arguing that the people defending a trillion dollars of infrastructure are working with weaker tools than the people attacking it.  The letter, organised by the Bitcoin Policy Institute and published earlier this week is signed by Coinbase, Block, BitGo, Blockstream, Anchorage Digital, ARK Invest, Bitwise, Foundry, Casa, Exodus and others, alongside nonprofit developer funds including Brink, Chaincode and Btrust.  Its central complaint is specific that Bitcoin Core developers, the small group maintaining

08-13انڈسٹری

Metaplanet CEO ends sale speculation after 5,014 BTC move

Metaplanet CEO Simon Gerovich said on Aug. 13 that the Japanese Bitcoin treasury company did not sell any of its holdings after moving 5,014 BTC, valued at roughly $322 million, between custodial addresses over the previous 24 hours.  SummaryMetaplanet moved 5,014 BTC between custodial addresses while CEO Simon Gerovich denied any Bitcoin sale.43,000 BTC remain in Metaplanet‘s treasury after transfers, according to CEO Simon Gerovich’s latest statement.Metaplanet said moving roughly $322 million in Bitcoin cost approximately $8 in total network fees.Metaplanet remains the third largest public Bitcoin treasury behind Strategy and Twenty One Capital globally.Bitcoin traded near $63,600 today, leaving Metaplanets treasury below its reported average acquisition cost overall.  The statement answered speculation generated by large transfers from wallets publicly associated with the company.  Gerovich said, “This was a routine custody operation. No bitcoin was sold, and our holdings remain 43,000 BTC.” He added that moving the roughly $322 million in Bitcoin cost the company approximately $8 in total network fees.  We transferred 5,014 BTC between Metaplanet custodial addresses over the past 24 hours. This was a routine custody operation. No bitcoin was sold, and our holdings remain 43,000 BTC.  All of our addresses are published, which is why the transfers were observable in real

08-13انڈسٹری

Speculation on dogecoin is back to October 2025 levels. The price is down 70%

SummaryDogecoins price has slumped to about 7 cents, down nearly 70% over the past year, even as leveraged futures bets on the token have surged.Open interest in DOGE futures has climbed to about $1.21 billion, with speculative positions in coin terms now close to October 2025 levels despite the much lower price.Long positions heavily outnumber shorts on major exchanges like Binance and OKX, raising the risk of forced liquidations and additional selling if prices fall further.  Dogecoin traders are putting more money behind leveraged bets even as DOGE struggles near 7 cents, creating a growing mismatch between weak prices and rising risk-taking in the futures market.  Open interest, the value of futures contracts still outstanding, has climbed to about $1.21 billion from roughly $930 million in late June, according to CoinGlass. DOGE fell almost 3% over the past 24 hours and is down nearly 70% over the past year.  The scale of the speculation is easier to see when measured in coins rather than dollars.  Open interest has climbed back to 17.18 billion DOGE, just below the 17.78 billion seen in October 2025, even though DOGE now trades around 7 cents versus 25 cents then. Speculative positioning has almost fully rebuilt in coin terms

08-13انڈسٹری

Arizona crypto ATM law refunds $171K to scam victims

Arizonas crypto ATM law has helped 35 scam victims recover $171,332 in full refunds since taking effect on Sept. 26, 2025, according to an Aug. 12 release from Attorney General Kris Mayes.  SummaryArizonas crypto ATM law helped 35 scam victims recover $171,332 in full refunds since September.Eligible new customers must report fraudulent kiosk transactions within 30 days to receive full reimbursement.New customers face a $2,000 daily transaction cap, while existing customers face a $10,500 limit.Operators must use blockchain tracing tools, provide receipts, warnings, and round the clock customer service.FBI data recorded 13,460 kiosk complaints and $389 million in reported U.S. losses during 2025.  The recoveries offer an early measure of how Arizonas consumer protection model is working as U.S. states take sharply different approaches to cryptocurrency kiosks. Arizona allows the machines but imposes transaction limits, fraud controls and mandatory refunds for qualifying new customers. Other states have chosen outright prohibitions.  You might also like:  Arizona advances bill to hold Bitcoin and XRP in state reserve  Arizona crypto ATM law turns refund mandate into recoveries  Arizona enacted House Bill 2387 as Chapter 171 in May 2025. The law requires operators to reimburse a new customer who was fraudulently induced into a kiosk transaction if the customer completes

08-13انڈسٹری

Crypto Trading Model GSR Cuts Its Bitcoin Allocation to 17%, Bets Big on Solana

GSR, a crypto market maker, cut Bitcoin‘s (BTC) weighting in its Core3 model portfolio to 16.9%, the lowest of the three assets it tracks. The firm raised Solana’s (SOL) weighting to 43.6%, making it the models largest position.  Core3 is GSR‘s weekly rebalanced signal portfolio. It shows where the firm’s trading desk sees relative strength across Bitcoin, Ether (ETH) and Solana. The model does not hold client funds. Instead, it turns GSRs short-term market view into a weighting readers can track.  Solana Overtakes Ether as the Top Weighting  Ether‘s weighting fell to 39.5%, and Solana took the largest position, a spot Ether held in GSR’s prior rebalance on Aug. 5. The shift tracks short-term price action rather than longer-term returns. Solana gained 2.98% over the past week. Bitcoin fell 1.02% and Ether slipped 0.20% over the same stretch, based on the performance data behind the rebalance.  Sponsored  Sponsored  GSR Model Makes Solana Top Allocation to 43.6%, Cuts Bitcoin to 16.9%  GSR‘s Core3 model portfolio raised its Solana allocation to 43.6%, making SOL its largest position, while cutting Ether to 39.5% and Bitcoin to just 16.9%, as the model’s relative alpha signals shifted further… pic.twitter.com/C0aRl77W4h  — Wu Blockchain (@WuBlockchain) August 13, 2026  Solana remains the weakest performer of the three

08-13انڈسٹری

GSR raises Solana to 43.6%, cuts Bitcoin to 16.9%

GSR shifted its Core3 model toward Solana on Aug. 12, raising SOL to 43.6% of the portfolio and making it the models largest allocation.  SummaryGSR raised Solana to 43.6%, making SOL the largest allocation in its Core3 model portfolio.Bitcoin fell to 16.9% of Core3, while Ethers allocation declined to 39.5% this week overall.Solana gained 2.98% over seven days, outperforming Bitcoin and Ether in GSRs latest weekly comparison.Ether remained the strongest 30 day performer, rising 7.88% despite its reduced model portfolio weight.Core3 gained 5.30% monthly but still trailed the equal weight basket over longer measured periods.  Ether fell to 39.5%, while Bitcoin dropped to 16.9%, the smallest weight among the three assets.The firm said the change reflected a move in its relative alpha signals toward Solana as SOL showed stronger near term price momentum. GSRs written commentary lists the Solana weight at 43.7%, while the accompanying allocation table shows 43.6%. This article uses the table figure.  GSR Model Makes Solana Top Allocation to 43.6%, Cuts Bitcoin to 16.9%  GSR‘s Core3 model portfolio raised its Solana allocation to 43.6%, making SOL its largest position, while cutting Ether to 39.5% and Bitcoin to just 16.9%, as the model’s relative alpha signals shifted further… pic.twitter.com/C0aRl77W4h  — Wu Blockchain (@WuBlockchain)

08-13انڈسٹری

Bitcoin slips near $63,500 as traders look past CPI to Feds next tests

Gabe Selby, head of research at CF Benchmarks, told CoinDesk that bitcoin moves hardest when inflation data forces a rethink on rates, gaining an average 3.25% across the three occasions in the past nine releases when inflation came in below expectations.  A downside surprise on July 14 was followed by a 4.24% rally. “An in-line report can remove a tail risk,” Selby said. “It takes a genuine surprise to create a catalyst.” He further sees room for the Fed to wait, with shelter costs up just 0.1%, energy down 1.5% and gasoline down 2.9%, and some goods categories now lapping last years tariff-driven increases.  The next tests are the Jackson Hole gathering of central bankers later this month, the Sept. 4 jobs report and the Sept. 11 inflation release.  Equities took the news better. MSCIs Asia Pacific index rose almost 1% with Samsung Electronics and SK Hynix the biggest contributors, and Koreas Kospi rallied almost 4% into a technical bull market, up 22% in ten days.  The mood was not uniform, with Cisco falling over 4% after hours on underwhelming earnings and Cerebras Systems dropping 17% on declining hardware sales.  Brent crude snapped a six-day run of gains, easing after a stretch that had taken

08-13انڈسٹری

BitGo sees revenue jump 80% to $4.3 billion in Q2 but posts net loss

Quick TakeBitGo reported $4.33 billion in total revenue in the second quarter of this year, up 79.6% year-over-year.The firm recorded a net loss of $19 million, or $0.16 per share, in Q2, compared with net income of $38.3 million in the same period last year.  BitGo Holdings Inc. reported strong revenue growth in the second quarter of 2026, driven by business expansion, despite posting a net loss from digital asset devaluation.  According to its Wednesday disclosure, the digital asset infrastructure firm saw quarterly revenue of $4.33 billion, up 79.6% from $2.41 billion a year earlier and 14.7% from the previous quarter.  The revenue growth was mainly driven by higher digital asset sales and growth in its stablecoin-as-a-service business, the company said. The disclosure also highlighted $159 million of cash holdings, $147.7 million worth of bitcoin, and a recently authorized $50 million share repurchase program.  “We have the financial flexibility to invest behind our highest-priority opportunities while maintaining discipline around costs and capital allocation,” said BitGo Chief Financial Officer Ed Reginelli, who is set to step down from his role effective Sept. 15. “As we enter the second half, our focus is translating continued business growth into stronger earnings, disciplined capital allocation, and more durable

08-13انڈسٹری

Novo Nordisk CEO Concedes Eli Lillys Market-Share Gains as Stock Slumps

Novo Nordisks stock keeps falling even when the news is good, and CEO Mike Doustdar just admitted why. Eli Lilly is beating Novo at its own game.  Doustdar sat down with CNBCs Jim Cramer this week to explain the disconnect. Novo, famous for its GLP-1 medication Ozempic, raised its full-year sales guidance on August 4, narrowing its projected annual decline from 8% to 3% at the midpoint. Investors sold anyway. NVO shares dropped roughly 6% that day.  A Beat That Still Lost  Doustdar walked through the math on air. Novo slashed prices on Ozempic and Wegovy last year to widen patient access, and volume hasnt caught up yet to offset those cuts. He compared it to basic arithmetic. Halving a price means you need double the volume just to break even, and volume never doubles on day one.  Sponsored  Sponsored  That gap between falling average revenue per prescription and rising patient counts is exactly what has investors nervous. Novos obesity and diabetes drugs now make up around 90% of its business, compared to about 60% at Eli Lilly, leaving Novo more exposed to any pricing or competitive shock in that single category.  Doustdars Concession  Oral Wegovy sits at the center of this story. Novo launched the pill version

08-13انڈسٹری

ONDO tests KEY support after $1.35M token transfer sparks supply fears

A team-linked wallet transferred another 4 million $ONDO, worth approximately $1.35 million, into Coinbase during the latest distribution. The wallet had originally received 20 million $ONDO directly from the team.  Since then, its Coinbase transfers had reached 12 million $ONDO through three separate 4 million token deposits. Therefore, 60% of the original allocation had already moved toward the exchange.  Coinbase had also transferred roughly 4 million $ONDO per transaction toward Bybit during the previous week, as earlier reported by AMBCrypto. Those movements increased concerns because exchange-bound tokens could become available for distribution.  Meanwhile, $ONDO traded around $0.3372 as trading volume fell 5.46% to $66.05 million at the time of writing. Weaker activity reduced the available demand needed to absorb additional supply. Continued transfers would therefore leave $ONDO increasingly dependent on stronger buying interest to stabilize its declining price structure.  Spot sellers tighten their grip  The spot market behavior did not provide much evidence that buyers could easily take up the extra exchange-bound $ONDO supply. At press time, the 90-day Spot Taker CVD was seller-dominant, indicating more aggressive selling than market buying.  That imbalance mattered because taker sellers had already controlled immediate execution across the observed spot market. Meanwhile, continued deposits to Coinbase raised the potential supply,

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