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US Accuses Moonshot AI of Covert Anthropic Model Distillation

A White House official accused Moonshot AI of distilling Anthropic’s Fable AI model to develop Kimi K3, which launched last week.In a post on...
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SEC Pays $150,000 Settle Coinbase FOIA Suit

The US Securities and Exchange Commission agreed to pay $150,000 in legal fees to settle a Coinbase lawsuit seeking internal records from the agency...
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Litecoin

AFX protocol reportedly loses $24M in bridge exploit

Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure.
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Litecoin

SEC’s Peirce Warns Onchain Lending May Trigger Securities Laws

SEC Commissioner Hester Peirce said crypto vaults and onchain lending products may fall under US securities laws, urging developers to assess whether products that...
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Litecoin

Crypto PAC Pours $1M into Michigan Democratic Primary Race

An affiliate of the cryptocurrency-aligned political action committee (PAC) Fairshake is attempting to influence voters in a primary race for Michigan’s 13th congressional district,...
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Litecoin

S&P Unveils Digital Asset Index Tracking Blockchain Fundamentals

S&P Dow Jones Indices and Pantera Capital launched a digital asset index that tracks blockchain networks and protocols based on protocol revenue, marking a...
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Litecoin

US Federal Officials Barred Until 2029 from Issuing or Sponsoring Tokens under CLARITY’s Proposed Ethics Rules

Senate Republicans have released the proposed text for the Digital Asset Market Clarity (CLARITY) Act, including language on ethics that would bar all US...
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Litecoin

Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches

Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to...
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