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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether, the issuer of the biggest stablecoin, has signed on a Big Four accounting firm to complete its first independent audit after years of scrutiny. Tether Signs Big Four Firm To Provide Assurance That USDT Is Fully Backed According to a website announcement, Tether has entered a formal engagement with a Big Four audit firm for what the stablecoin issuer describes as the biggest inaugural audit of all time in financial markets. “This audit represents years of work to strengthen our systems so that Tether can meet…

In brief The complaint cites estimates that Grok generated up to 3 million sexualized images in a matter of days, including thousands depicting minors. Baltimore is seeking civil penalties, restitution for affected residents, and court orders to halt the alleged conduct. Legal experts say the case may hinge on whether courts view AI systems as active creators of harmful content rather than passive tools. Baltimore’s lawsuit against Elon Musk’s xAI and its Grok chatbot could decide how far cities can go to regulate artificial intelligence in the absence of federal law, according to one expert.The Mayor and City Council of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A five-day strike pause ordered by US President Donald Trump after diplomatic talks with Iran sent Bitcoin soaring above $70,000 over the weekend, marking one of the sharpest risk rallies in weeks. The announcement came after Trump confirmed that American and Iranian officials had held productive discussions, though Iranian media denied any direct communication with Washington had taken place. Gold Bleeds While Bitcoin Climbs Since US-Israeli airstrikes began targeting Iranian military infrastructure on February 28, Bitcoin has gained roughly 30%, climbing from around $66,200 to near $72,650.…

In brief Scott Buchanan has resigned as CEO and director, while MoneyGram’s Alex Holmes was named CEO and chairman. Holmes said his priorities include stabilizing operations, improving regulatory standing, and diversifying the business. The changes come as Bitcoin Depot faces tighter scrutiny and expects core revenue to fall this year. Bitcoin Depot has replaced its CEO less than three months after a planned handoff, turning to former MoneyGram chief Alex Holmes as pressure builds on its crypto ATM business.Scott Buchanan has resigned as CEO and as a director, according to an SEC filing on Tuesday. Buchanan had held various senior…

In brief NASA is shifting its Artemis strategy toward building a permanent base on the Moon. Administrator Jared Isaacman says the lunar surface will serve as a testing ground for Mars missions. The agency expects to invest about $20 billion over seven years to build the base through dozens of missions. NASA is shifting the focus of its Artemis Moon program toward building a permanent base on the lunar surface.The agency said on Tuesday the change reflects a broader strategy to establish a sustained human presence on the Moon as a “foundation for an enduring lunar base and the next…

In brief Delaware lawmakers have introduced a bill to create a state regulatory framework for payment stablecoin issuers. The proposal aligns with the federal GENIUS Act, passed in July 2025, which allows state-regulated issuers under comparable regimes. The bill sets reserve, redemption, and reporting rules while requiring issuers to obtain state licenses. Delaware lawmakers have introduced legislation that would establish a comprehensive regulatory framework for payment stablecoin issuers, as states position themselves to compete for digital asset firms under federal rules.Known as the Delaware Payment Stablecoins Act and introduced on Tuesday, Senate Bill 19 would create licensing, reserve, custody, and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is facing renewed volatility and uncertainty after several weeks of consolidation, with price action reflecting a market struggling to establish a clear direction. While ETH has remained relatively range-bound in recent sessions, underlying dynamics suggest that the current phase may be masking a deeper structural transition. According to a CryptoQuant report, the Ethereum market may appear stagnant on the surface, but on-chain data points to a tightening supply environment combined with recovering demand. One of the most notable developments is the continued decline in exchange reserves,…

In brief OpenAI says it will shut down the Sora AI video-generation app and API. Sora evolved from a text‑to‑video tool tied to ChatGPT into a full‑blown social video platform. The shutdown also appears to end a reported $1 billion Disney investment tied to licensing major characters. OpenAI said Tuesday that it will shut down Sora, its AI video-generation platform, discontinuing an app that allowed users to create short videos from text prompts.The decision ends the company’s standalone generative video product and appears to disrupt a planned entertainment partnership tied to the technology.“We’re saying goodbye to the Sora app,” the…

US business activity slowed in March, and the new PMI data delivered a warning that markets are starting to price in: growth is losing momentum just as price pressures pick up again.That creates a pretty tough backdrop for Bitcoin to trade in. When the economy cools while inflation stays elevated, traders expect the Federal Reserve to keep interest rates higher for longer, which is a setup that usually negatively affects risk assets.S&P Global’s flash composite PMI slipped to 51.4 in March, from 51.9 in February.Graph showing the S&P Global’s flash composite PMI in March 2026 (Source: S&P Global)Services, which make…

In brief Circle’s CRCL shares dropped 20% on Tuesday following a recent surge in value for the firm’s stock. Stablecoin giant Tether announced a long-awaited agreement for an audit from a “Big Four” accounting firm. Lawmakers are reviewing compromise language to the Clarity Act market structure bill that could impact stablecoin yield. Stablecoin issuer Circle saw its stock take a 20% dive Tuesday following a double shot of potentially concerning news for the firm behind the prominent USDC stablecoin.As of the close of trading, CRCL changed hands for $101.24, falling just over 20% on the day—and it’s ticking down further…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure All has been mostly quiet on the Shiba Inu front, and the meme cryptocurrency is currently moving through a tough price phase. Interestingly, the most recent update on the ecosystem is from ecosystem dApp Woofswap, which confirmed early testing of a Shibarium Layer-3 explorer under the ShibClaw initiative but offered no further details on the L3 itself. That lack of clarity is beginning to stand out at a time when the entire Shiba Inu ecosystem needs stronger direction. Shibarium L3 Development Exists, But Details Are Missing Woofswap,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Self-Managed Super Funds (SMSFs) registrations in Australia climbed nearly 70% in the 2024–2025 financial year, with many of those new accounts set up for one specific purpose: buying Bitcoin and other crypto assets. That surge reflects a growing frustration — retirement savers want digital asset exposure, and most of the country’s big super funds haven’t been offering it. Pressure From Members Mounts Hostplus, which manages more than $96 billion in assets for its members, is now moving to change that. The fund’s chief investment officer, Sam Sicilia,…

In brief The CFTC introduced an Innovation Task Force designed to help create a clear regulatory framework for derivatives markets in crypto, AI, and prediction markets. The task force is the latest endeavor from the regulator that aims to support innovation while making America the home for the “future of finance.” The task force will coordinate with other federal agencies like the SEC and its own Crypto Task Force. The United States Commodity Futures Trading Commission (CFTC) wants to create clear rules within U.S. derivatives markets for those building with new technologies, and has unveiled a new task force to…