🔻 Bitcoin fell below $68,000 amid outflows from spot BTC ETFs and fears of a Fed rate hike, while Nvidia shares fell after Jensen Huang’s resignation, adding to market jitters. Liquidations fueled the sell-off: $1.47 billion worth of positions were forcibly closed in crypto markets over 24 hours, including $1.31 billion in longs.
💰 The U.S. Department of Justice announced the seizure and court-ordered freeze of cryptocurrency worth more than $1.2 billion, stolen in the Binance hack.
🧊 TRON, Tether, and Chainalysis launched the Digital Crime Task Force. The team will monitor suspicious USDT transactions on the TRON network and help law enforcement freeze funds faster.
🏦 SoFiUSD, a bank stablecoin, launched on Polygon. SoFi customers can buy, sell, and hold it directly in the bank’s app. The token was already available on Ethereum and Solana.
🪙 KPMG completed its audit of Tether Gold issuer’s financial statements for 2025 and issued an unqualified opinion. According to the audited statements, XAUT was fully backed by physical gold at year-end.
🤖 A group of nonprofit organizations sued OpenAI, Anthropic, Google, and SpaceX’s AI division. The plaintiffs are asking the court to halt development of the most powerful models over safety risks, but the court has not issued an injunction so far.
📲 Google released Gemini 4 Hydrogen and made it the primary model in AI Mode in Search. It breaks complex queries into parts and searches for answers across several topics at once. The model is also available in the Gemini app and via API.
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Wishing everyone a great mood and a productive day! Let’s wrap everything up and get ready for the weekend!