Author: NBTC

A new installment of Chain of Thought, the Brownstone Research newsletter written by Ben Lilly, argues that the battle over open-source artificial intelligence is following the same path Bitcoin walked a decade ago, and that investors who recognize the pattern stand to profit. The note opens with testimony that Anthropic CEO Dario Amodei gave to Congress in July 2023. Amodei acknowledged that open source is “a good thing” in most scientific fields and that the risks of open models released so far were “relatively limited,” but he warned that the scaling of open-source models was heading “down a very dangerous…

Animoca Brands, the Hong Kong-headquartered conglomerate with investments in gaming, metaverse infrastructure, and AI, has invested $1 million in Superior.Trade under its new Minds Investment Programme, which was created to fund startups building agentic applications using Minds as a core infrastructure layer, according to a Thursday statement. The investment comes from Animoca Brands and its affiliates through the programme, which launched earlier this month with up to $10 million allocated to teams developing on Minds. The platform enables users to deploy sovereign, persistent AI agents that can operate continuously without local hardware or servers. Superior.Trade was one of the first…

Ripple is pushing the boundaries of what its $RLUSD stablecoin can do and this time, it’s not about financial markets. The company has signed on as the exclusive digital asset and payments partner for Water.org’s Get Blue campaign. https://twitter.com/Ripple/status/2064438991944818730 Through the partnership, Ripple will channel charitable funds using the Ripple $RLUSD Stablecoin. It is working toward a goal that’s as straightforward as it is staggering: safe water and sanitation access for 200 million people by 2030. In a world where more than 2 billion still go without it. Ripple Partners With Water.org Ripple announced this week that $RLUSD will be…

The U.S. Securities and Exchange Commission (SEC) agreed to pay $150,000 to settle a federal Freedom of Information Act (FOIA) lawsuit over its investigations into Ethereum, according to a joint status report filed July 22. History Associates Inc. and the SEC asked the U.S. District Court for the District of Columbia to dismiss the case after reaching a settlement deal. Under the agreement, the agency will produce the remaining responsive documents and pay the flat fee to cover the plaintiff’s legal fees. History Associates, which provides professional historical research, writing and archival services to government agencies, filed the lawsuit in…

Binance widened its lead over rival centralized exchanges in the second quarter of 2026. It captured 38.7% of spot trading volume despite an overall decline in market activity, according to CoinGecko. The report showed that while spot trading volumes across the top 10 exchanges fell 27.9% quarter-over-quarter, Binance increased its market share as Bybit overtook MEXC to become the second-largest exchange by spot volume. Separately, on Wednesday, July 22, cryptocurrency exchange MEXC announced the appointment of its new Chief Compliance Officer, Robert Macdonald. He was formerly the Chief Legal and Compliance Officer at Bybit from 2024. During his time at…

Mubadala Capital has announced the launch of a $75 million tokenized fund on the Solana blockchain, according to a tweet from SolanaFloor. This development showcases the growing interest in blockchain-based investment vehicles and enhances market accessibility for investors. What Happened Mubadala Capital’s decision to launch a tokenized fund on Solana signifies a notable stride in the integration of traditional finance with blockchain technology. With the fund set at $75 million, this initiative is expected to attract a diverse range of investors looking for innovative opportunities within the Solana ecosystem. The use of Kaio as a platform to facilitate this fund…

Chinese crypto whale Garrett Jin stated in his weekly market signal strategy report that no single event would be sufficient to trigger a lasting market breakdown. According to Jin, a true turning point requires the simultaneous influence of at least two factors: credit markets, Fed policies, and geopolitical developments. Garrett Jin noted that uncertainty persists around the Strait of Hormuz, particularly following increased tensions between the US and Iran. He stated that tensions in the region have not eased after US attacks on Iranian targets, and pointed out that despite US Secretary of State Marco Rubio’s announcement of “good news,”…

An on-chain address believed to be associated with Bizyugo, a co-founder of Yuga Labs, has withdrawn 100,000 $HYPE tokens—valued at approximately $5.9 million—from the cryptocurrency exchange Coinbase, according to a report from blockchain tracking platform Onchain Lens. Large withdrawals from centralized exchanges are often interpreted by market participants as a signal of an intent to hold the asset long-term, rather than to trade or sell. Background on the Transaction The transaction, detected and reported by Onchain Lens on [insert date if known, otherwise omit], involved the movement of 100,000 $HYPE tokens from a Coinbase hot wallet to a private wallet…

The CLARITY Act is at the forefront of a significant policy debate in Washington, poised to redefine digital asset regulation. Solana recently hosted an event where the implications of the CLARITY Act were a focal point, drawing attention from industry leaders. Liu emphasized that the Act could solidify the US’s role as a leader in global capital markets, according to her statements on CNBC. The Latest The ongoing discussion surrounding the CLARITY Act has heightened tensions between traditional finance and the crypto industry. Solana Foundation’s President Lily Liu recently appeared on CNBC to articulate the potential benefits of the proposed…

Bitcoin price climbed above $60,000 on Wednesday, a level the asset had ceded during the last couple weeks of turbulence, after Federal Reserve Chair Kevin Warsh told a central bank forum that the threat of persistent inflation had moderated. The cryptocurrency traded near $60,171 this afternoon, a gain of about 2.7% on the day, with a 24-hour high of $60,474 and a low of $57,718. Trading volume for the session reached $26.68 billion. Warsh, in remarks at the European Central Bank forum in Sintra, Portugal, said inflation expectations in surveys and bond prices had eased. He paired the observation with…