Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance.
Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future Just Got Rewritten
President Donald Trump finalized a significant regulatory rollback Thursday by signing H.J.Res.25 into law at the White House…
The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity.
FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom
Acting Chairman Travis Hill used his address at the American…
Standard Chartered, OKX Launch Collateral 'Mirroring' Program for Institutional Crypto Trading
April 11, 2025
In a Nutshell
Standard Chartered and OKX introduce a program allowing institutional traders to use cryptocurrencies and tokenized money market funds as collateral off-exchange. The initiative, under Dubai’s regulatory framework, enhances security and efficiency for…
Google Cloud intros AI security agents, unified security platform to consolidate ops, triage, threat intel
April 10, 2025
Enterprise infrastructure is increasingly complex, meaning protecting it is, too.
The attack surface is more expansive than ever, and many enterprises have a patchwork quilt of security tools, making it difficult to gain a cohesive understanding of their security posture. Add in AI — and all the threats it brings — and security teams are scrambling to keep up.
With a new Google Unified…
Anthropic just launched a $200 version of Claude AI — here’s what you get for the premium price
April 10, 2025
Anthropic introduced a new high-end subscription tier for its Claude chatbot today, directly challenging OpenAI’s premium offerings and marking the latest escalation in the race to monetize powerful AI models amid soaring development costs.
The new “Max” plan offers…
DeepSeek AI, a Chinese research lab gaining recognition for its powerful open-source language models such as DeepSeek-R1, has introduced a significant advancement in reward modeling for large language models (LLMs).
Their new technique, Self-Principled Critique Tuning…
BYD teases financial results, expects Q1 2025 net income to rise significantly compared to a year ago
April 10, 2025
Chinese auto conglomerate Build Your Dreams (BYD) has begun previewing its Q1 2025 financial results. Although its numbers have dipped compared to Q4 2024, the automaker’s net income continues to soar year over year. BYD expects that number to be up at least 86% but could be much higher.
BYD’s growth and expansion have become a weekly news topic here at Electrek, with no signs of the Chinese…
Lease deals get all the hype, but most people still want to own the car after they’re done making all those payments on it. If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a bunch of great plug-in…
It flies, it floats, it’s electric — and now it’s officially a hit. The world’s first electric hydrofoil ferry, a Candela P-12 vessel named Nova, has wrapped up its first season of public service in Stockholm, and new data confirms what many suspected: this sleek…
The digital asset sphere experienced a vigorous upswing Wednesday, its total valuation swelling over 9% as bitcoin surpassed the $83,000 benchmark during afternoon trading. While the leading cryptocurrency rose 8.4%, select altcoins dramatically outpaced this trajectory.
Market Whiplash: Crypto Market Gains 9% in a Day After a Week of Steep Declines
Dominating the day’s crypto leaderboard, the…
