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SEC settles Coinbase suit over ‘text messages that disappeared’

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The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages.

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Coin Market

White House accuses Moonshot AI of distilling Anthropic tech for K3

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US officials warn that Chinese firms conducting covert, industrial-scale AI distillation could face sanctions and export restrictions.

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AFX protocol reportedly loses $24M in bridge exploit

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

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Coin Market

Crypto PAC pours $1M into Michigan Democratic primary race

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Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.

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