Articles by Khal
Latest from Khal
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TeraWulf Closes Kentucky Data Center Acquisition, Targets 1.5 GW
TeraWulf closed its acquisition of the Muskie Data Campus in Kentucky on May 22, a 285-acre site the company plans to develop into a hyperscale facility with over 1 gigawatt of capacity. Combined with its Hawesville site, TeraWulf's Kentucky portfolio could exceed 1.5 GW by 2030.
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OKX ties employee reviews to AI proficiency in September evaluation push
OKX is linking staff performance reviews to artificial intelligence tool competency, marking a shift from encouragement to accountability as the crypto exchange rolls out mandatory AI adoption across operations.
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Anthropic launches Claude Compliance API with 28 enterprise security integrations
Anthropic announced 28 security and compliance integrations for Claude, including partnerships with Cloudflare, CrowdStrike, and Microsoft Purview, addressing compliance as the primary barrier to enterprise AI adoption.
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Bitcoin ETFs see $1.4B outflows as Treasury yields hit 2025 highs
US spot Bitcoin ETFs experienced $1.4 billion in net outflows during the week ending May 25, as Treasury yields climbed to their highest levels since January 2025, signaling diminished prospects for Federal Reserve rate cuts.
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OCC bank charters for crypto firms defended against Warren's regulatory claims
The Chamber of Digital Commerce pushed back on Senator Elizabeth Warren's accusations that the OCC improperly granted nine national trust bank charters to crypto firms since December 2025, arguing the approvals align with congressional direction on digital asset regulation.
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CFTC warns of fraudsters impersonating staff to target scam victims
The CFTC revealed on May 14 that scammers are posing as agency staff to extract money from people who've already lost funds to fraud, often directing victims to send crypto to digital wallets.
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Spain blocks Polymarket and Kalshi over unlicensed gambling
Spain's gambling regulator blocked local users from Polymarket and Kalshi, alleging the prediction markets operate without required licensing. The move joins restrictions in Australia, France, Poland, Singapore, Ukraine, and Switzerland.
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Bitcoin hits $78K on liquidation hunts amid Iran tensions
Bitcoin surged to $78,000 on Tuesday before declining as liquidation hunts controlled price action. US strikes on Iran and weak spot volumes kept markets muted despite stock market strength.
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Umbra and Streamflow bring private token vesting to Solana
Umbra has partnered with Streamflow to enable private token vesting and shielded distributions on Solana, letting projects distribute tokens while keeping recipient identities and amounts confidential.
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AI agents settle $73M on crypto rails, Keyrock report shows
A Keyrock report shows AI agents settled $73 million across blockchain rails in the past year, with stablecoins becoming the preferred settlement layer as traditional card networks struggle with micropayments.
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Firefox Project Nova redesign adds toggle to disable all AI features
Mozilla unveiled Project Nova on May 21, a visual overhaul rolling out later this year with rounded tabs, a new color palette, and plain-language controls that let users turn off AI entirely—a direct contrast to Chrome's approach of quietly installing AI models on users' machines.
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Bitcoin dips below $75K as liquidations near $1 billion
Bitcoin fell below $75,000 overnight for the first time in over a month, hitting $74,344 as crypto liquidations topped $917 million and Bitcoin ETFs shed over $1.25 billion this week.
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Argentina's AI Social Twin Stumbles on Typos in Policy-Prediction Debut
Argentina's government unveiled a "Social Digital Twin" AI system to predict social policy outcomes, but the promotional video was marred by spelling errors, a deepfake minister, and mismatched branding—undermining the credibility of the initiative.
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Hyperliquid rally signals return of risk appetite in altcoins
Crypto trader Michael van de Poppe sees Hyperliquid outperforming the broader market as traders rotate into higher-risk assets, with AI-linked projects and privacy themes emerging as key near-term narratives.
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Clarity Act could spark boom in crypto yield-as-a-service infrastructure
The proposed Clarity Act's ban on passive yield-bearing crypto products may force the market to shift toward AI-driven, compliant yield infrastructure, according to STBL's chief commercial officer.
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Bitcoin Falls to $74,305 as Spot ETFs See $2.26B Outflows
Bitcoin dropped to its lowest level since April 20 as U.S. spot bitcoin ETFs experienced $2.26 billion in redemptions over two weeks, with rising Treasury yields and capital rotation toward alternative assets weighing on demand.
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SpaceX Selects Bitcoin Mining Co-Founder to Command First Private Mars Mission
Chun Wang, co-founder of F2Pool, has been selected by SpaceX to command the first private crewed mission to Mars, with plans to begin with a flyby before human landings.
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Robinhood Crypto COO Tanya Denisova exits as revenue tumbles 47%
Robinhood's chief operating officer of crypto operations is departing after more than five years, as the trading platform grapples with a 47% year-over-year decline in cryptocurrency-related revenue and seeks to reduce its exposure to market volatility.
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Minnesota authorizes crypto custody for state-chartered banks
Minnesota became the first Midwestern state to pass legislation allowing state-chartered banks and credit unions to offer cryptocurrency custody services, signed into law by Governor Tim Walz and set to take effect August 1.
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House subcommittee modernizes Bank Secrecy Act amid crypto surge
A House Financial Services subcommittee heard testimony Thursday on scaling back the Bank Secrecy Act, with crypto firms and policy experts divided over whether to reform or repeal the 1970 anti-money-laundering law as threats escalate.
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Retail Crypto Traders Exit as Volatility Declines and Institutions Dominate
Declining volatility, institutional dominance, and political polarization are pushing everyday crypto traders toward stocks and real-world assets, with retail spot trading volumes plummeting across major exchanges.
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Emmer Defends Clarity Act Amid Law Enforcement Warnings
Tom Emmer said Senate momentum on the Blockchain Regulatory Certainty Act shows crypto legislation remains viable despite regulatory concerns and ongoing congressional debate over SEC and CFTC authority.
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House Oversight probes Polymarket, Kalshi over insider trading fears
Rep. James Comer is demanding records from prediction market platforms after concerns that government employees could be exploiting classified information for profit. The move follows Senate scrutiny of the rapidly growing sector.
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IREN Says AI's Real Bottleneck Is Infrastructure, Not Chips
IREN co-founder Daniel Roberts argues that power, land, cooling and data center construction—not GPU scarcity—are the real constraints throttling AI deployment. The company has secured 5 gigawatts of grid capacity and announced a $3.4 billion NVIDIA contract.