Tech News page 12

A Chainlink executive compared the coming shift to scenes from Star Wars, pointing to machines as future network users. Chainlink executive McCormick offered a striking vision of blockchain's next phase this week. Machines, not people, will increasingly initiate transactions on decentralized networks, according to the comments.

The funding round will support infrastructure aimed at securing data and transactions across decentralized and AI-driven applications. Beldex has closed an $8 million funding round intended to expand its privacy-focused infrastructure for Web3 and artificial intelligence.

Cybersecurity firm Rapid7 says an automated phishing operation targeted crypto users through a massive trove of exposed phone numbers. Cybersecurity firm Rapid7 has disclosed a phishing operation targeting cryptocurrency users that exposed 885,000 phone numbers. The firm said the campaign relied on artificial intelligence tools to automate and scale its outreach.

The Alibaba-affiliated fintech giant's earnings collapsed even as its core payments business held steady. Ant Group's latest quarterly results show a sharp profit decline of 91% compared to the same period last year. Both CryptoBriefing and The Cryptonomist EN attributed the drop to an aggressive spending campaign on artificial intelligence.

The bitcoin miner locked in the long-term contract before its Malaysian site begins operating. Bitdeer has secured a $400 million offtake agreement spanning five years for an AI cloud computing facility in Malaysia, according to reports from CryptoBriefing and The Cryptonomist.

The exchange becomes one of the few crypto platforms to secure the international standard governing artificial intelligence oversight. KuCoin has secured ISO/IEC 42001 certification, according to reports from Invezz and CoinJournal. The standard sets requirements for how organizations govern artificial intelligence systems. It covers areas such as risk management, transparency, and accountability in AI deployment.

The exchange's new infrastructure opens trading and payments to autonomous AI agents, but oversight remains with users. Binance has rolled out Agent OS, a new platform designed to let artificial intelligence agents trade and transact on its exchange infrastructure.

The tech giant's planned payout has drawn attention as a possible signal of confidence in artificial intelligence demand Samsung Electronics is preparing shareholder returns totaling more than $72 billion, according to reports from CryptoBriefing and Cryptopolitan. The figure represents one of the largest capital return commitments disclosed by a major technology manufacturer in recent memory.

The former bitcoin miner touts early progress on AI capacity, yet analysts remain split on how it will fund the buildout. Core Scientific has reported 440 megawatts of AI computing capacity, ahead of its own internal timeline. The company disclosed the figure alongside details of a contract backlog now valued at roughly $24 billion.

The crypto exchange has curbed employee use of Anthropic's Claude model in Hong Kong while its overall AI budget climbs toward eight figures a month. OKX has restricted employee access to Claude, the AI model built by Anthropic, for staff working out of its Hong Kong offices.

The crypto exchange joins Goldman Sachs in restricting the AI tool following an unexplained account suspension in the city. OKX has instructed employees in Hong Kong to stop using Anthropic's Claude AI, according to reporting from CryptoBriefing and Coin Edition.

Bloomberg report, relayed by CryptoBriefing, says Elon Musk's rocket company has approached the maker of the Devin AI agent about a potential deal. SpaceX has reportedly approached Cognition AI about a potential acquisition, according to a Bloomberg report relayed by CryptoBriefing.

Developers can now pull GitHub repositories into AI Studio and push changes back with a single click. Google has rolled out a new integration inside AI Studio that connects the platform directly to GitHub. According to reports from CryptoBriefing and The Cryptonomist EN, developers can now import an existing GitHub repository into AI Studio…

The former BitMEX chief argues borrowing behind AI infrastructure, not AI technology itself, poses the real financial risk. Arthur Hayes has weighed in on one of the most contested debates in markets right now: whether artificial intelligence spending has become a bubble.

Nebius sank as much as 14% and CoreWeave fell 4% before both pared losses during a sharp Nasdaq swing. Shares of TeraWulf, CoreWeave and Nebius fell sharply on August 19, according to Invezz and Yahoo Finance. The declines came as the Nasdaq index swung widely during the session.

The Coinbase-incubated layer-2 network is funding early-stage projects that blend artificial intelligence with onchain finance. Base, the Ethereum layer-2 network built by Coinbase, has introduced a new accelerator program aimed at startups working on artificial intelligence and finance. The initiative offers $100,000 in funding to selected participants, according to reporting from Decrypt and CryptoBriefing.

Huang says no company deploys artificial intelligence more effectively than Meta, endorsing its record capital outlay. Nvidia chief executive Jensen Huang has offered a strong endorsement of Meta's artificial intelligence strategy. Huang said no company applies AI as effectively as Meta does, according to reports from CryptoBriefing and The Cryptonomist.

The firm's research arm sees promise in AI-crypto integration while cautioning against overstating near-term benefits. Fidelity Digital Assets has published new commentary on the relationship between artificial intelligence and cryptocurrency. The firm's research suggests AI tools could significantly boost the crypto industry's capabilities.