An Austrian Economist Explains Why AI Will Make Everyone An Entrepreneur W/ Per Bylund

AI is changing how we work, but can it replace the human entrepreneur? Austrian economist Per Bylund, Senior Fellow at the Mises Institute, joins Spencer Nichols to explain why AI is a statistical engine that improves efficiency but can’t imagine the future. He argues we’re moving from an employment economy to an entrepreneurship economy, and … Read more

CFTC sues Cash FX in crypto-linked case

The Commodity Futures Trading Commission said it is suing Cash FX Group and three individuals in a $950 million foreign-exchange investment case involving cryptocurrency. The defendants are Cash FX and its CEO Huascar Jose Lopez Castillo of Brazil, The Conversion Pros and its CEO Ronald Pope of Oregon, and Justin Halladay of Florida. The CFTC said … Read more

Hester Peirce to leave SEC

SEC Commissioner Hester Peirce has submitted her formal resignation from the US Securities and Exchange Commission, effective Oct. 2. Peirce, also known as “Crypto Mom” amid her advocacy of clear, rules-based regulation of the crypto industry, posted a copy of her resignation letter on her X account Friday. In the letter, she thanked the president … Read more

Bitcoin ETFs Extend Winning Streak With Nearly $3B Inflows

Bitcoin exchange-traded funds are on a winning streak, with investors buying for six consecutive days. The funds — managed by the likes of BlackRock, Fidelity, and Morgan Stanley — have received over $2.8 billion in new investment since September 17, according to Farside Investors data.  On Monday alone, investors bought nearly $1 billion in shares  … Read more

North Korean Hackers Linked To $388M Bitget Hack

Hackers from North Korea targeted crypto exchange Bitget on Thursday, according to an update from the CEO, making away with close to $388 million in digital assets — more than originally reported.  Bitget CEO Gracy Chen said Friday that the higher figure “reflects a more complete accounting of transfers during the incident.” Chen had first … Read more

Ex-CFTC Leader to Leave Blockchain Association after CLARITY Vote Fails

Update (Sept. 25, 10:20 pm UTC): This article has been updated to clarify Kristin Smith’s role with the Solana Policy Institute. Summer Mersinger, formerly a commissioner with the US Commodity Futures Trading Commission (CFTC), will step down as CEO of the Blockchain Association and leave the advocacy organization at year’s end after one of the … Read more

OG.com Joins US Push for Single-Stock Perpetual Futures

OG.com Markets is seeking US regulatory approval to offer perpetual futures tied to individual stocks, as trading platforms push to bring the popular derivatives product to US equity markets. In a Thursday filing with the Commodity Futures Trading Commission (CFTC), OG.com proposed new rules allowing it to list cash-settled single-stock futures that never expire and … Read more

Former Hack VC Partner and Dystopia Labs Founder Dies at 37

Update (Sept. 25, 18:30 UTC). This article was updated with additional details on Hsin-Ju Chuang’s cause of death. Hsin-Ju Chuang, a former partner at crypto venture firm Hack VC, died at age 37, according to the San Bernardino County Sheriff-Coroner. The county’s Coroner Death Registry later listed her death as a suicide. California Highway Patrol … Read more